Onlinecasion NBA Basketball Betting News

Orlando, FL (Sportsbook Betting Lines) - The Orlando Magic have extended the contract of head coach Stan Van Gundy through the 2012-13 season. The team also announced Alex Martins has been promoted to team president and Otis Smith to president of ba

TAIPEI, Taiwan (AP) -The first Taiwanese-American signed by an NBA team hopes to overcome the negative stereotype of playing college basketball at Harvard, and eventually wants to be a minister in an inner-city neighborhood.Undrafted point guard Jer

Memphis, TN (Sportsbook Betting Lines) - Memphis Grizzlies rookie guard Greivis Vasquez underwent surgery on his right ankle Tuesday to remove a bone spur. Vasquez, who starred at the University of Maryland, had the procedure performed in B

Minneapolis, MN (Sportsbook Betting Lines) - Minnesota Timberwolves guard Jonny Flynn underwent surgery on Tuesday to repair a labral tear and remove extra bone from his left hip. The Wolves have already planned for Flynn's absence, signing f

Miami, FL (Sportsbook Betting Lines) - The Miami Heat have re-signed free agent forward Shavlik Randolph to an undisclosed contract. Randolph had two separate stints with the Heat last season. He appeared in two games after being signed as a free a

BEIJING (AP) -Houston Rockets center Yao Ming says he may quit basketball after next season if he doesn't fully recover from his foot injury.In comments to Chinese state media Monday, Yao sounded far from optimistic about his future and also made a

Minneapolis, MN (Sportsbook Betting Lines) - The Cleveland Cavaliers have traded guards Delonte West and Sebastian Telfair to the Minnesota Timberwolves for guard Ramon Sessions, center Ryan Hollins and a 2013 second-round draft pick. West avera

Atlanta, GA (Sportsbook Betting Lines) - The Atlanta Hawks bolstered their forward position on Monday by signing free agent forward/center Josh Powell. Per club policy, terms of the contract were not announced. "I look forward to joining a f

Boston, MA (Sportsbook Betting Lines) - The Boston Celtics re-signed veteran guard/forward Marquis Daniels on Monday. Terms of the deal were not announced, per club policy. The seven-year veteran posted averages of 5.6 points and 1.

Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls made it official on Monday by signing veteran forward Kurt Thomas. Terms of the deal were not disclosed, per team policy. The 37-year-old Thomas, a first-round draft pick by Miami in 1995