Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / July 10, 2010, 1:21 am

LeBron James Reaction: Dan Gilbert, Cleveland Plain Dealer and More

It was a spectacle, a letdown, and an outrage. "The Decision" has been made. Now the world reacts. LeBron James has chosen Miami. Now the fans, his former employer, the pundits and the guys who will take him on next year ... (Source: Bleacherreport.com 2010-07-09T23:25:21Z)

Zherdev signs with Flyers

Days after reports surfaced that free-agent forward Nikolai Zherdev was inching closer to returning to the NHL, the former fourth overall draft pick signed a one-year deal with the Flyers on Friday. Zherdev's signing ... (Source: Sacramento Bee 2010-07-10T02:02:50Z)

AIG's Former Derivatives Chief Claims He Could Have Gotten Better Deal For Taxpayers Than New York ...

AIG's former derivatives chief said Wednesday that taxpayers overpaid Wall Street for their AIG-related holdings, telling a federal investigative panel that he could have gotten "a much better deal" than the Federal ... (Source: Huffingtonpost.com 2010-06-30T22:17:17Z)

Sports in brief

TAMPA — The Bucs signed free agent guard Keydrick Vincent to a two-year deal, giving them an experienced interior lineman who has started more than two-thirds of his games in a nine-year career. To make room, the Bucs released college free agent guard Sergio Render . Vincent, 32, started the past ... (Source: St. Petersburg Times 2010-07-10T01:05:34Z)

LeBron James and Chris Paul on the same team

Karen Schiely / Akron Beacon-Journal LeBron James and New Orleans Hornets guard Chris Paul . After years of recruiting, Chris Paul will finally join LeBron James' LRMR marketing company, writes Yahoo.com's Adam Wojnarowski. James and LRMR CEO Maverick Carter have been recruiting Paul for more than ... (Source: Cleveland Plain Dealer 2010-07-08T22:50:45Z)

Facebook in deal to sell site credits in Asia

KUALA LUMPUR, Malaysia -- Facebook is partnering with a Malaysian company to sell credits at retail outlets across Asia for the first time, aiming to make it easier for millions of people to purchase virtual goods and play games on the social networking site while boosting revenue for developers ... (Source: Forbes 2010-07-09T10:10:47Z)

Olympic 100M champ Fraser tests positive for painkillers

KINGSTON, Jamaica -- Olympic and world 100-meter champion Shelly-Ann Fraser has tested positive for a painkiller. The president of Fraser's track club says Fraser tested positive for oxycodone at the Diamond League meet May 23 in Shanghai. Bruce James says Fraser had a dental procedure earlier that ... (Source: CBS Sports 2010-07-09T00:09:29Z)

Durant officially inks extension with Thunder

Forward Kevin Durant has officially signed a multi-year contract extension with the Oklahoma City Thunder. The deal is reportedly for five years. "Today is an exciting and important day in the growth of the Thunder ... (Source: The Sun News 2010-07-07T23:56:21Z)

2010 Fantasy Football Sleepers: 15 Guys To Watch Closely

This article goes out to those of you who have already bought your magazines, read Matthew Berry's article on espn.com, and have your rankings laid out for your draft next month. This goes out to those of you who don't give a rip about where LeBron James goes to Miami (I'm not one of those), but ... (Source: Bleacherreport.com 2010-07-09T20:55:02Z)

Olympic 100m champion Shelly-Ann Fraser returns 'positive result'

Jamaica's Shelly-Ann Fraser wins the women's 100m at the Beijing 2008 Olympic Games. Photograph: Kay Nietfeld/EPA The Jamaican Olympic and world 100 metres champion, Shelly-Ann Fraser, has tested positive, said Bruce James, the president of her track club, MVP. Fraser, 23, was due to run at a ... (Source: The Guardian 2010-07-09T18:17:33Z)

Cleveland is left at a loss

With that, LeBron James brought joy to the Miami Heat and their fans, disappointment to New York and Chicago, and enormous sorrow to people in Cleveland and Northeast Ohio, who have, as he himself said, "seen me grow from an 18-year-old kid to a 25-year-old man.'' The vehicle was an hourlong ... (Source: Boston Globe 2010-07-09T21:09:21Z)

Fed Says It Didn't Force AIG to Include Legal Waiver for Banks

July 9 (Bloomberg) -- The Federal Reserve Bank of New York said it didn't force American International Group Inc. to include legal waivers benefiting counterparties in derivatives contracts as a condition of rescuing ... (Source: BusinessWeek 2010-07-09T18:31:52Z)

Dan Gilbert's open letter to fans James' decision a 'cowardly betrayal'

As you now know, our former hero, who grew up in the very region that he deserted this evening, is no longer a Cleveland Cavalier. This was announced with a several-day, narcissistic, self-promotional build-up ... (Source: Gather.com 2010-07-09T13:09:44Z)

Flyers sign Zherdev to one-year deal

Nikolai Zherdev is back in the National Hockey League. Following one season playing in Russia, the talented young forward agreed Friday to a one-year contract with the Philadelphia Flyers . "Nik is a highly-skilled ... (Source: NHL.com 2010-07-09T21:37:58Z)

Former Illini forward Cook signs with Clippers

LOS ANGELES — The Los Angeles Clippers have signed free agent forward Brian Cook, bringing him back to the city where he began his NBA career with the Lakers. The deal was announced Friday, a day after the Clippers signed free agents Randy Foye and Ryan Gomes. Cook averaged 1.4 points and 0.6 ... (Source: Pantagraph 2010-07-10T06:56:19Z)

New Orleans Hornets Coach Monty Williams pleased with rookies Craig Brackins and Quincy Pondexter in their summer league debut

LAS VEGAS – After leaving on Thursday to be with his wife for the birth of their son, New Orleans Hornets Coach Monty Williams made it back in time for Friday night's summer league opener at UNLV's Cox Pavilion. Though the Hornets lost 77-76 to the Golden State Warriors, Williams said he was ... (Source: New Orleans Times-Picayune 2010-07-10T05:59:03Z)

With LeBron gone, Cleveland should shift focus to Browns

When Cleveland fans have cried their final tear over LeBron James , the local superstar whose breakup with his hometown Cavaliers couldn't have been more tacky if James had written it on a Post-it instead of announcing it on his one-hour nationally-televised ego trip, they will look to the upcoming ... (Source: CNN Sports Illustrated 2010-07-10T07:24:57Z)

NBA Free Agency: Amar'e Stoudemire, New York Knicks Agree To Five-Year Deal

While Amar'e Stoudemire agreed on a five-year contract worth nearly $100 million with the New York Knicks, many of the other top free agents still remain unsigned, weighing their options for what might be the biggest decision of their careers. LeBron James, the biggest name in this free agent class ... (Source: Bleacherreport.com 2010-07-04T23:59:55Z)

Flyers sign Zherdev to 1-year deal

Days after reports surfaced that free-agent forward Nikolai Zherdev was inching closer to returning to the NHL, the former fourth overall draft pick signed a one-year deal with the Flyers on Friday. Zherdev's signing ... (Source: Philadelphia Daily News 2010-07-10T07:03:29Z)

LeBron James Rumor: New York Knicks Have Sign and Trade in Order

ESPN New York's Ian O'Connor is reporting that the New York Knicks have a trade planned just in-case they fail to reel LeBron James to Madison Square Garden. This deal looks like a deal Billy Mays drew up. It seems very ... (Source: Bleacherreport.com 2010-07-08T12:35:08Z)

In a scathing open letter to Cavs' fans, team owner Dan Gilbert slammed LeBron James ...

As you now know, our former hero, who grew up in the very region that he deserted this evening, is no longer a Cleveland Cavalier. This was announced with a several day, narcissistic, self-promotional build-up ... (Source: Baltimore Sun 2010-07-09T13:45:32Z)

Golden State Warriors reach deal to acquire David Lee from New York Knicks

Shortly after LeBron James said yes to the Miami Heat on Thursday, David Lee and the New York Knicks said yes to the Warriors According to multiple team sources, Lee, 27, agreed to a six-year deal worth just under $80 ... (Source: San Jose Mercury News 2010-07-09T09:27:50Z)

Fraser faces hearing for pain drug

Olympic and world 100m women's champion Shelly-Ann Fraser tested positive for a non-performance enhancing drug she took before a May meet in China. Bruce James, president of Fraser's MVP Track Club, told the Nationwide News Network radio station on Thursday that Fraser used Oxycodone, a painkiller ... (Source: ninemsn 2010-07-09T00:23:48Z)

Mt. Lebanon man could get 3 years, deportation

A Mt. Lebanon software programmer faces three years in prison followed by deportation to his native India after he pleaded guilty to using the Internet to lure a 13-year-old girl into a sexual rendezvous in Moundsville, W.Va. The 13-year-old didn't exist. She was a fictitious online character ... (Source: Pittsburgh Post-Gazette 2010-07-10T04:33:09Z)

Vadodara school suspends 6 girls for Facebook abuse

India sends maximum number of sci, engin... French varsities woo Indian students DU teacher refuse to abide by semester s... Vadodara A Vadodara school has suspended six students of Classes X and XII for allegedly using abusive language on the social networking site Facebook. The school has also ... (Source: Express India 2010-07-10T04:33:09Z)

New Orleans Hornets Makeover: Keep Chris Paul, move David West

His track record in drafting players has been pretty solid and about the best you could ask for from a GM. While many now complain about the burden of the Peja Stojakovich deal, his original signing was lauded as a great ... (Source: Bleacherreport.com 2010-07-08T23:40:51Z)

Clippers Stay Low-Key With Ryan Gomes, Randy Foye Deals

The old Clippers were just bad, all the time, every day. These new Clippers, post-Elgin Baylor, make some good decisions -- like drafting Eric Gordon , Blake Griffin and Al-Farouq Aminu -- and like signing Ryan Gomes to a three-year, $12 million deal. But they still make some really confounding ones ... (Source: FanHouse 2010-07-09T22:49:33Z)

Durant does the unthinkable this summer, lands deal without fanfare

Kevin Durant had every excuse to act in a manner similar to this summer's star free agents. He is only 21 years old. He was raised in a me-first, reality TV culture. He exploded on the scene last season and instantly became one of the top five players in the league. He, too, will one day become a ... (Source: CNN Sports Illustrated 2010-07-10T03:57:22Z)

Clippers sign free agent Brian Cook

LOS ANGELES—The Los Angeles Clippers have signed free agent forward Brian Cook, bringing him back to the city where he began his NBA career with the Lakers. The deal was announced Friday, a day after the Clippers signed free agents Randy Foye and Ryan Gomes. Cook averaged 1.4 points and 0.6 ... (Source: San Jose Mercury News 2010-07-10T01:12:43Z)

Fed Says It Didn't Force AIG Into Legal Waiver Over Counterparties' Swaps

The Federal Reserve Bank of New York said it didn't force American International Group Inc. to include legal waivers benefiting counterparties in derivatives contracts as a condition of rescuing the insurer. New York ... (Source: Bloomberg 2010-07-09T19:00:30Z)

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