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Artest joining Lakers

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07/02/2009 - Los Angeles, CA (Sportsbook Betting Lines) - Free agent forward Ron Artest is leaving the Houston Rockets to join the Los Angeles Lakers and will provide the team with more offensive firepower next season, as he'll join Kobe Bryant and Pau Gasol on the defending NBA champions.

Artest announced on ESPN's Sportscenter in Los Angeles that he has reached a verbal agreement with the Lakers and will play for the mid-level exception. He cited the fact that Houston offered him only a one-year contract, while the Lakers jumped at the chance to give him a multi-year deal.

The mid-level exception is expected to be just below the $6 million mark and represents a pay cut after Artest made $7.4 million last season.

No deal can be officially announced until July 8, per league rules.

The Thursday news regarding Artest came on the same day another superstar had an introductory press conference. Ex-Laker Shaquille O'Neal met the media in Cleveland and said he wanted to "win a ring for The King" in reference to his new pairing with reigning MVP LeBron James.

Artest spent last season with the Rockets, helping Houston get to the conference semifinals for the first time since 1996-97. After spending three seasons in Sacramento, Artest averaged 17.1 points, 5.2 rebounds and 3.3 assists in 69 regular season contests with Houston.

For his career, spanning 12 seasons, Artest has game averages of 16.1 points, 5.1 rebounds and 3.2 assists with Chicago, Indiana, Sacramento and Houston. He has also established himself as one of the top-flight defenders in the league.

In another twist, the man Artest would replace in the lineup -- Trevor Ariza -- reportedly reached a verbal agreement the Rockets. The Houston Chronicle reported that Ariza will receive a contract for the mid-level exception.

Ariza averaged 11.3 points per game in the postseason after posting 8.9 points per game in the regular season. His career scoring average is 6.9 points.


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Barry Bonds Watch: Giants Slugger Says He'll Be Back

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Contract negotiations could get started as early as next week. Let's see which team has the deeper pockets. Will MLB baseball betting lines despite allegations of steroid use? Bet On It at www.MySportsbook.com .

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Barry Bonds Watch: Giants Slugger Says He'll Be Back

With only 21 home runs standing between him and Hank Aaron, Barry Bonds is indeed planning on coming back for more in 2007. At least, that's what his agent told the Los Angeles Times.

"Barry's going to play in 2007," Jeff Borris of Beverly Hills Sports Council told the Times on Tuesday. "I've had many discussions with Barry and he's going to play. My intentions are to see to it he's in a big-league uniform next season. Those are my marching orders."

Contract negotiations could get started as early as next week. Let's see which team has the deeper pockets. Will MLB baseball betting lines despite allegations of steroid use? Bet On It at www.MySportsbook.com .

Get all your baseball betting lines, MLB lines and MLB team props at the My Sportbook.

To visit this online sportsbook got to MySportsbook.com for all your baseball sportsbook needs.