US pulls away from Aussies, makes semis (AP)
Don't doubt this U.S. men's basketball team -- and sure don't challenge them, either. Especially if it's going to make Kobe Bryant flash his NBA MVP form. Bryant scored 25 points in his best game in Beijing, and the men's U.S. Olympic team advanced to the semifinals by beating Australia 116-85 on Wednesday night.


Gasol leads Spain into Olympic semis (AP)
Los Angeles Lakers center Pau Gasol scored 20 points to lead world champion Spain to a 72-59 win against Croatia Wednesday in men's basketball. Felipe Reyes added 13 points for Spain, while Toronto Raptors point guard Jose Calderon added 10. Gasol also had a game-high 10 rebounds. Marko Banic had 15 points to lead Croatia.


Final settlement reached for Sonics move (AP)

In this June 17, 2008 file photo, Seattle SuperSonics owner Clay Bennett arrives at the U.S. Courthouse in downtown Seattle to testify in the city's trial against the team. Bennett's ownership group has reached a final settlement with the city of Seattle allowing the former SuperSonics franchise to move to Oklahoma City. Attorneys filed a document Tuesday, Aug. 19, 2008 in Seattle federal court noting that the parties had agreed to pay their own court costs after reaching the settlement.

Clay Bennett's ownership group has reached a final settlement with the city of Seattle, allowing the former SuperSonics franchise to move to Oklahoma City. Attorneys filed a document Tuesday in Seattle federal court noting that the parties had agreed to pay their own court costs after reaching the settlement.



76ers re-sign Iguodala for reported $80M (AP)

Philadelphia 76ers' Andre Iguodala shakes hands with the NBA basketball team's general manager, Ed Stefanski, during a news conference in Philadelphia, Monday, Aug. 18, 2008. Iguodala, who was a restricted free agent, signed a six-year contract.

Andre Iguodala, who helped the Philadelphia 76ers reach the playoffs for the first time in three years, was rewarded Monday with the official announcement of a six-year contract worth a reported $80 million. "We felt like he had a very good track record to warrant a contract like that," Sixers president Ed Stefanski said.



Stern wants NBA-affiliated China league (AP)
NBA commissioner David Stern is intrigued by the question buzzing around the Beijing Games: Who would win a match-up between the 1992 Dream Team and the 2008 Redeem Team? "I'd actually pay to buy a ticket for that one," Stern said in an interview with The Associated Press on Tuesday. And though he wouldn't pick a winner, he seemed to favor the frontcourt of the 1992 team.


Clippers re-sign free agent C Paul Davis (AP)
The Clippers re-signed unrestricted free-agent center Paul Davis on Monday, giving Los Angeles three players named Davis on their 15-man roster. He joins Baron Davis and Ricky Davis, another pair of free-agent additions. Paul Davis averaged 2.5. points, 2.1 rebounds and 0.8 assists in 22 games with the Clippers before sustaining a season-ending injury to his right knee last Dec.


Report: Spurs reach deal with G Finley (AP)
Michael Finley is poised to re-sign with the San Antonio Spurs. According to a report posted on ESPN.com Friday that cited NBA front-office sources, the 35-year-old guard-forward has reached terms on a deal with the Spurs. Terms were not available, the report said. With Manu Ginobili providing a spark for the Spurs off the bench, Finley started 61 games last season.