The Hawks traded Gs Steve Smith and Ed Gray to the Trail Blazers yesterday for Gs Isaiah Rider and Jim Jackson. The Hawks made the deal in a bid to find a combination that will get them beyond the second round of the playoffs. The Blazers also signed F Detlef Schrempf and re-signed F Jermaine O'Neal. . . . The Timberwolves signed No. 6 pick Wally Szczerbiak to a three-year deal worth $6.5 million. . . . Free agent F Rodney Rogers agreed to contract terms with the Suns. . . . The Magic has agreed to trade Nick Anderson to the Kings for G Tariq Abdul-Wahad.
CBA TO THOMAS?: After five months of negotiations, Isiah Thomas's company finally purchased the Continental Basketball Association, the Philadelphia Inquirer reported. The purchase of the nine-team league was believed to be for approximately $10 million.
ON HUNTER: Billy Hunter, NBA players union chief, has been recommended for a six-year contract extension worth about $12 million, two sources told the Charlotte Observer.
ELLIOTT UPDATE: It will be at least two weeks before Spurs F Sean Elliott can undergo a kidney transplant. Elliott's brother has a kidney that may be a match, but can't travel to San Antonio for another week, the Express-News reported.