Washington Wizards President Ernie Grunfeld announced today that the team has acquired a future first round draft pick from the Memphis Grizzlies in exchange for the rights to Juan Carlos Navarro. “We’re pleased to acquire a first round pick, which gives us an additional asset,” said Grunfeld. “Our backcourt, led by Gilbert Arenas, DeShawn Stevenson, [...]

According to several reports, Barcelona, Navarro’s current team, has imposed a deadline of Aug. 3 for the Wizards to complete a deal. That means the Wizards will have to decide until the end of next week whether to sign guard Juan Carlos Navarro or trade his NBA rights to another team. In today’s Washington Post’s [...]

Washington Wizards President Ernie Grunfeld announced Monday that the team has re-signed guard DeShawn Stevenson. Per team policy, terms of the deal were not announced. In his first season with Washington, Stevenson averaged 11.2 points, 2.6 rebounds and a career-high 2.7 assists in 82 games played. He also registered career-highs in field goal percentage (.461) [...]

Ivan Carter (Washington Post) and John Mitchell (Washington Times) have reported that the Wizards and DeShawn Stevenson have agreed in principle to a contract. “DeShawn is excited to be back,” said Stevenson rep Mark Bartelstein to Carter. “He appreciated the way Ernie Grunfeld and the Wizards gave him an opportunity to come in and play [...]

Both the Washington Post and Washington Times are reporting that the Wizards and DeShawn Stevenson are close to a contract agreement. Feel free to read up on the reported details and post your thoughts.