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Peja buzzes, Clips lose one, but reportedly keep Cassell

Updated: July 2, 2006, 9:44 AM ET
By Marc Stein | ESPN.com

The first two shocks in NBA free agency have come from Serbia.

Indiana forward Peja Stojakovic, widely considered a lock to re-sign with the Pacers, has verbally committed to join the upstart New Orleans Hornets in what arguably ranks as the boldest acquisition in club history. NBA front-office sources indicate that the Hornets have committed more than $60 million in a five-year deal to team Stojakovic's deft shooting touch with Rookie of the Year point guard Chris Paul.

Peja ...

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