From the ArcaMax Publishing, Sports Update Newsletter:
http://www.arcamax.com/news/sports/s-575196-559580
HOUSTON (UPI) -- Free agent forward Trevor Ariza of the LA Lakers has
signed a contract with the Rockets, swapping places with forward Ron
Artest, the Houston Chronicle said.
The newspaper reported being told by an undisclosed source the
6-foot-8 Ariza, 24, signed a five-year, $33 million deal late
Thursday.
The 6-foot-7 inch Artest, 29, had told ESPN Thursday he has reached a
verbal agreement with the Lakers and will play for the mid-level
exception, roughly $18 million for three years.
Artest added the Lakers jumped at the chance to give him a multiyear
deal when Houston offered him only a one-year contract.
"The Lakers really made me feel wanted," Artest told the Chronicle. "I
look forward to helping the Lakers defend their championship."
Ariza was the sixth man while helping the Lakers beat Orlando in five
games on the way to their 15th NBA title on June 15.
He scored 11.3 points in 23 post-season contests.