This Houston-Hornets-Grizzlies trade seems remarkably pointless. None of the players involved are any good, and what does New Orleans want with a point guard? Meanwhile, the huge Cleveland-Seattle-Chicago three-way is a bit confusing as well. Wally Sczerbiak's three point shooting would be a very effective weapon alongside LeBron James, but they play the same position. Still, all things considered this deal seems helpful to Cleveland.

Meanwhile it's pathetic that given the assets Chicago at one point seemed to have lined up to acquire Kevin Garnett or Pau Gasol or Kobe Bryant that they're instead picking up Larry Hughes and Drew Gooden. Don't miss Josh Levin on how crazy NBA trades have gotten thanks to the intricacies of the salary cap.