Reports of completed deals from reputable sources:
- Memphis sending Sam Young to Philadelphia for the draft rights to 2005 2nd round draft pick Ricky Sanchez – reported by Philadelphia Daily News
- Toronto Raptors sending Leandro Barbosa to the Indiana Pacers for a future 2nd round pick – reported by Marc Spears of Yahoo! Sports
- New Jersey Nets acquire forward Gerald Wallace from the Portland Trailblazers for center Mehmet Okur, forward Shawne Williams and a top 3 protected 2012 1st round pick – reported by Adrian Wojnarowski from Yahoo! Sports
- Lakers have acquired point guard Ramon Sessions and forward Christian Eyenga from the Cleveland Cavilars for Luke Walton, Jason Kapono and their 2012 1st round pick – reported by Alex Kennedy from Hoopsworld
- Spurs acquire Stephen Jackson from the Warriors for Richard Jefferson – reported by Marc Spears from Yahoo! Sports
- Rockets get center/forward Marcus Camby from the Blazers in exchange for 1st round bust Hasheem Thabeet, point guard Jonny Flynn and a 2012 2nd round pick – reported by Marc Spears from Yahoo! Sports
- Lakers trade Derek Fisher and a 2012 1st round pick (Dallas’ pick) to Houston for Jordan Hill – reported by Adrian Wojnarowski from Yahoo! Sports via twitter
- Clippers get shooting guard Nick Young from the Wizards in a 3 team deal. The Wizards get Brian Cook from the Clippers and forward/center Nene from the Nuggets. The Wizards also send center Javale Mcgee and Rony Turiaf to the Denver Nuggets – reported by Adrian Wojnarowski from Yahoo! Sports via twitter