WASHINGTON -- The Washington Wizards have waived the three players acquired with Marcin Gortat in last week's trade with the Phoenix Suns.
The Wizards announced Monday that they have cut ties with guards Shannon Brown, Malcolm Lee and Kendall Marshall.
The moves were expected. Marshall, Brown and Lee were included in the trade so that it would work financially under NBA rules.
The Wizards received center Gortat and the three players in exchange for injured center Emeka Okafor and a protected first-round draft pick.
Knicks: Option exercised on Shumpert's contract
NEW YORK -- The New York Knicks have exercised their fourth-year option on guard Iman Shumpert's contract.
Shumpert averaged 6.8 points and 3.0 rebounds in 45 games, all starts, last season after returning from torn knee ligaments.
Shumpert was the No. 17 pick in the 2011 draft and was a first-team, All-Rookie selection. He will earn about $2.6 million in the 2014-15 season.
The Knicks announced the move on Monday.
Heat-Bulls: Banner raising another step in rivalry
MIAMI -- LeBron James gets another ring. Derrick Rose gets to play again.
In simplest terms, let that serve as the teaser for what's going to happen on Tuesday night when the Miami Heat raise their second straight championship banner and third one overall just before opening the season against the Chicago Bulls, one of their biggest rivals.
The Heat will get their rings in an elaborate pregame ceremony, one that everyone -- well, almost everyone -- inside the building will be watching. The Bulls plan to stay in their locker room for the festivities, and it's somewhat logical to think they'll be spending part of that time verbalizing some sort of sentiment about emerging and spoiling the party.
"We don't like them and they don't like us," James said. "It's not like it's unheard of. We all know what it is. They don't like us, so we don't like them."
True, there's plenty of dislike. Bulls center Joakim Noah's "Hollywood as hell" description of the Heat, uttered more than two years ago after Miami ousted Chicago in the Eastern Conference finals, remains one good example. The physicality of last year's East semifinal series between the clubs, which Rose watched from the bench while sitting out the season, remains another.
Now the Bulls get Rose back, 18 months after he tore up his left knee. Over the last five seasons, James has four MVP awards, Rose holding the other from that span. And with Rose back, the Bulls -- and the East -- figure to be tougher for Miami this season (see full story).