Johnny Ludden of the San Antonio Express News gives us a formal write-up of the Anderson-Smith trade.  Derek Anderson, Steve Kerr, and the Spurs 2003 second-round pick for Steve Smith.  Anderson got a contract for 6 years (with a player's option on the last year) and $48 million.  The second-round pick was included to compensate Portland for taking Kerr instead of Jaren Jackson, whose contract is shorter.



Meanwhile, Steve Smith, who demanded a trade after not getting a contract extension, say he wants the extension before he shows up for San Antonio.  Gregg Popovich said they won't consider an extension but that they are interested in signing him as an free agent in 2 years.  Smith will make $19 million over the next 2 years.  The good news is that Bruce Bowen seems willing to forego more money to be the Spurs starting small forward for the minimum.