Insisting that the NBA's financial projections "don't hold water," players' association executive director Billy Hunter said he's seen nothing to change his belief that a lockout is possible. Hunter disputes commissioner David Stern's forecast of nearly $400 million in losses this season, countering that the league's basketball-related revenues increased to their highest point ever in 2009-10. The league's collective bargaining agreement expires next summer, and the sides remain far apart on talks for a new one, creating fears of the first work stoppage since 1998-99. Hunter told The Associated Press he is preparing for that.
King new Nets GM
Billy King is the Nets' new general manager. King was hired to replace Rod Thorn Wednesday as the team's top executive, new owner Mikhail Prokhorov announced in a release. Contract terms were not immediately available.
Harrington a Nugget
Free agent power forward Al Harrington says he's headed to the Denver Nuggets. The former Knicks backup tweeted: "I'm taking my Talents to the MILE HIGH." Harrington, a 6-9 forward who averaged 17.7 points and 5.6 rebounds last season, would make about $5.8 million a year with the midlevel exception.
Suns add two
Swingman Josh Childress has been acquired by the Phoenix Suns in a sign-and-trade deal with the Atlanta Hawks. Atlanta will get the Suns' 2012 second-round draft pick as part of the deal. Completing a deal that had been in the works for several days, Phoenix acquired forward Hedo Turkoglu in a trade that sent super-sub Leandro Barbosa and forward/center Dwayne Jones to the Toronto Raptors - AP