Charles Oakley got the Hollywood treatment from the Los Angeles Lakers yesterday, eating lunch with Shaquille O'Neal and Kobe Bryant and getting a tour of the new arena with General Manager Jerry West.

Ron Mercer was shipped from Boston to Denver, Bo Outlaw re-signed with Orlando and Derek Fisher landed a seven-year contract from the Lakers, who are trying to persuade Oakley to play power forward for them for $2 million.

Hours after trading for Mercer, the Nuggets re-signed point guard Nick Van Exel and agreed to terms with free agent guard George McCloud.

Oakley is demanding $8.5 million annually for three years from the Toronto Raptors, who have offered $5.5 million per year.

Mercer was traded from the Celtics to the Nuggets in a six-player deal that also sent Popeye Jones and Dwayne Schintzius to Denver for Danny Fortson, Eric Washington, Eric Williams and a first-round draft choice in one of the next three years.

Fortson, a 6-foot-7 forward who ranked fourth in the NBA in rebounding last season, is going into the final season of his three-year rookie contract -- just like Mercer.

Boston did not want to meet Mercer's asking price, which was believed to be in excess of $50 million for a six-year extension. Mercer can be a free agent next year, and indicated he wouldn't re-sign with Boston if he wasn't given an extension this summer.

Outlaw, Orlando's wiry 6-8 forward, re-signed with the Magic for one year and $2 million. He said he turned down more lucrative offers elsewhere to remain in Orlando. Outlaw will have full Larry Bird rights next summer, meaning the Magic will be able to exceed the salary cap to re-sign him again.

Fisher, who split time with Derek Harper at point guard last season for the Lakers, signed a seven-year contract worth about $24 million.

The Sacramento Kings re-signed guard Jon Barry and forward Scot Pollard and completed a trade with Orlando that sent Nick Anderson to the Kings for Tariq Abdul-Wahad and a future first-round draft pick.

The Nets waived center Rony Seikaly, who played just 18 games over 1 1/2 seasons with New Jersey because of injuries.

Meanwhile, Isiah Thomas agreed to buy a majority stake of the Continental Basketball Association for about $10 million.