Two newspapers are reporting the Celtics have reached an agreement with free agent Rasheed Wallace. Bill Strickland, Wallace's agent, told the Boston Herald and the Boston Globe on Sunday night that the 34-year-old forward told him to call off meetings the agent was in the process of scheduling with the Orlando Magic, San Antonio Spurs and Dallas Mavericks.
Free agent Hedo Turkoglu will join the Toronto Raptors after spurning the Portland Trail Blazers, according to multiple reports. The 6-foot-10 forward helped Orlando to the NBA finals last season. On Friday, a person close to the Blazers confirmed that Turkoglu ended contract talks with them. The person spoke on the condition of anonymity because of the sensitive nature of the negotiations.
Phil Jackson will return to coach the Los Angeles Lakers next season, getting a clean bill of health following a record championship season. The Hall of Fame coach turns 64 in September and said on the team's Web site Friday he got the go-ahead for another season after consulting the team doctor.
Los Angeles Lakers center Pau Gasol will play for Spain in September in the European Basketball Championship. Gasol said Friday that it was an easy decision after winning the NBA finals. "The season went really well for me and now I want to defend our country," Gasol said. "We're really hopeful about the team we have, but we can't go there with a mentality that we'll be...

Ron Artest is joining Kobe Bryant and the Los Angeles Lakers. "I am very excited to finally be going to L.A.," Artest said in a statement issued by his agent Thursday night. "For years now, the Lakers have expressed interest in having me play for them, but we could never get the stars to align.