According to an NBA source, the Suns, Warriors and Kings have contacted the Sonics with offers for Chris Wilcox in a sign-and-trade deal.

The Sonics want an All-Star caliber forward in return for Wilcox.

It looks like perhaps Chris Wilcox will remain in Seattle after all.

According to the Seattle Times, the Sonics may be nearing an end to negotiations with Chris Wilcox on a three-year, $24 million proposal from his Washington, D.C.-based agent Jeff Fried.

According to a team source, an agreement is imminent, with at least one of the team's new owners, G. Edward Evans, planning to return to Seattle this week, possibly for the announcement.

However, Fried and Sonics general manager Rick Sund said on Saturday that speculation that the deal is completed is premature.

"Nothing has been finalized," Fried said. "We want to conclude [contract talks] as soon as possible so Chris can get with a team and begin preparing for the season."

The Seattle Times also speculate that trade proposals from at least three teams still on the table for Wilcox.

Sonics' GM Rick Sund said he is continuing to discuss a contract with Jeff Fried, the agent for forward Chris Wilcox.

"We've had a lot of dialogue before and after the sale," Sund said. "And we will continue to have dialogue. And I am keeping the owners abreast of the status.

"They told me to continue as you are."

The New Jersey Nets have acquired center Mikki Moore from the Seattle SuperSonics for a second round draft pick in 2009, Nets President Rod Thorn announced today.

?We are pleased to add Mikki to our roster,? said Thorn. ?He is a veteran presence who will add depth to our frontcourt rotation.?

The 7-0 Moore has career marks of 4.5 points and 3.1 rebounds in 303 games.  Last season, he appeared in 47 games for Seattle, averaging 3.3 points and 2.8 rebounds. The eight-year veteran has played for seven NBA teams (Detroit, Boston, Atlanta, New Jersey, Utah, Los Angeles Clippers and Seattle).

In his first public comments since being arrested for drug possession, Shawn Kemp told The Seattle Times there was marijuana in his truck on Friday.  

He also claimed that he has not used drugs since April 2004, and that he would take a drug test anytime.  Kemp still believes he can return to the NBA, and he doesn't believe this latest controversy will affect his chances at a comeback.

"I don't think it's going to hurt me on playing, but from the fan's standpoint, it definitely hurts me," Kemp said. "Because people are tired of hearing about this stuff. I'm tired of hearing about it, man. In all honesty, this one here probably affected me more than the last one did because I know what I've done since."

Hawks forward Marvin Williams has been named Most Valuable Player of the Rocky Mountain Revue, after averaging a Revue-best 23.2 ppg, 5.0 rpg, 3.2 apg and 0.6 spg in 31.8 mpg (.549 FG%, 2-2 3FGs, .879 FT%), playing in five of the six games.

The rest of the all-tournament team consists of Utah's Ronnie Brewer and Paul Millsap, Philadelphia's Steven Smith and Louis Williams and Seattle's Andre Emmett.

Shawn Kemp, who has been attempting to make a return to the NBA, was arrested and charged in Harris County on Friday on a misdemeanor charge of possession of marijuana.

Kemp, according to the Sheriff's Department,  was pulled over by a deputy shortly after midnight for driving without a license plate. During the traffic stop, the deputy said he smelled "an odor of burnt marijuana" coming from Kemp's car where he later found less than two ounces of marijuana.

The Basketball Club of Seattle (BCOS) announced today that it has signed a purchase agreement to sell its NBA Seattle SuperSonics and WNBA Seattle Storm for $350 million. The teams are being purchased by the Professional Basketball Club LLC, an Oklahoma City, Oklahoma based investment group led by Clayton I. Bennett, chairman of Dorchester Capital, a private investment company.  Additional members of the group include Aubrey K. McClendon, Chairman and CEO, Chesapeake Energy Corporation;  G. Jeffrey Records, Chairman of the Board and CEO, MidFirst Bank;  Tom L. Ward, Chairman and CEO, Riata Energy, Inc., and G. Edward Evans, chairman, Syniverse Holding, Inc.  The group will also consist of additional investors. The transaction is expected to close by the end of October of 2006.

?We have enjoyed the opportunity to own and operate the Sonics and the Storm for the past five seasons and are proud of what we?ve achieved both on and off the court,? said Howard Schultz, chairman of the Basketball Club of Seattle. ?Since the majority of the Basketball Club of Seattle?s investors live and work in the Seattle community, it was extremely difficult for us to decide to sell the teams.  As you may know, over the past two years, we have worked with local and state officials to seek a solution to the arena issues. However, it became more apparent that a new ownership group may be more successful in achieving the remaining goals of the Sonics and Storm.?

?We are grateful to have the opportunity to combine our passion for professional basketball and our abilities to build successful business enterprises,? said Bennett.  ?We thank the BCOS.  They love this city and the Sonics and Storm.  We appreciate the opportunity to lead a professional sports organization that has achieved the pinnacle of success within both the NBA and WNBA."

An Oklahoma City group has agreed to buy the Seattle SuperSonics and the Seattle Storm.

In February, majority owner Howard Schultz threatened to possibly move or sell the city's oldest major league professional sports franchise, saying the team has lost about $60 million in the past five years

The team scheduled a 3 p.m. press conference to officially announce the sale. Sources indicate the new ownership group plans to keep the Sonics and Storm in the Seattle region.

The Seattle SuperSonics today announced they have signed 2005 draft pick Mickael Gelabale. The Sonics selected the 6-7 guard/forward from France in the second round, 48th pick overall, of the 2005 NBA Draft.

?It?s good we?ve signed Mickael before he goes to play for the French National Team later this week,? Sonics General Manager Rick Sund said. ?He should be able to add depth and athleticism at our Sonics perimeter.?