Reports: Nets, Magic end Howard trade talk
Unnamed sources told The New York Times and ESPN Orlando broke off the negotiations, dealing a blow to the Nets' hopes of adding the NBA's top defensive player to the team as it prepares to move from New Jersey to its new home in Brooklyn.
The Nets were unable to line up enough trade bait to satisfy the Magic, despite attempts to involve multiple teams in a deal, the Times reported.
Howard had demanded a trade to the Nets, where he would have joined forces with Deron Williams, Joe Johnson and others in a powerful potential line-up.
But Orlando rejected an offer that would have sent four future first-round picks, center Brook Lopez and power forward Kris Humphries to the Magic in exchange for Howard, ESPN said.
Instead, the Nets are now reportedly working on signing Lopez and Humphries.
"We've moved on," a Nets source told ESPN. "It just got to a point where we couldn't keep going back and forth with Orlando. They had about 14 days to do something and didn't."
Brooklyn, meanwhile, officially announced its deal for six-time all-star guard Johnson, who it obtained from the Atlanta Hawks in exchange for forward DeShawn Stevenson along with the expiring contracts of guards Jordan Farmar and Anthony Morrow and centers Johan Petro and Jordan Williams.
The Nets also made official the re-signing of Williams, their star point guard, to a reported five-year, $98 million deal and the signing of forward Gerald Wallace to a reported four-year, $40 million contract.
There was a flurry of activity Wednesday as the NBA's moratorium on free-agent signings and trades expired.
The acquisition of Phoenix guard Steve Nash by the Los Angeles Lakers also became official, as did a contract extension for San Antonio forward Tim Duncan.
Brees threatens to miss training camp
NEW ORLEANS, July 11 (UPI) -- New Orleans Saints quarterback Drew Brees said he will not report to training camp if the Saints and he cannot agree on a contract by 4 p.m. Monday.
Brees said he will not report to training camp when it begins on July 24 or sign a franchise tender with the Saints if the team and him do not agree to a long-term contract by that day, ESPN reported.
If Brees does not have a contract by Monday, he will be required to play next season under the franchise tender, the report said. Brees will receive $16.371 million under the franchise tender but would not be allowed to sign with other teams as a free agent.
The Saints have offered Brees a contract of $19.25 million per year. Brees is asking for a contract of $20.5 million per year. If the Saints place the franchise tender on Brees next year, Brees will receive $23.57 million.
It is unclear whether Brees will report to the Saints' first regular season game Sept. 9 against the Washington Redskins, the report said.
Isner tops old foe Mahut at HOF
NEWPORT, R.I., July 11 (UPI) -- John Isner, who played an 11-hour match against Nicolas Mahut two years ago, beat him in 78 minutes Wednesday at the Hall of Fame Tennis Championships.
Isner, the top-seeded defending champion at Newport, R.I., brushed past the Frenchman 6-2, 7-6 (7-2) in a second-round match-up.
The two played each other in a 2010 opening-round Wimbledon meeting that stretched over parts of three days and ended as the longest-ever men's tennis match.
The 6-foot-9 American eventually prevailed in that struggle. He improved to 3-1 lifetime against Mahut Wednesday.
In other Day 3 action, No. 2 seed Kei Nishikori of Japan breezed past two-time Newport runner-up Olivier Rochus, 6-7 (6-8), 6-4, 6-2, while Israeli Dudi Sela bounced Sam Querrey of the United States 5-7, 7-6 (8-6), 6-2.
Also advancing was 2009 champ Rajeev Ram, who logged a win over fellow American Michael Russell, 7-6 (8-6), 6-3. South African qualifier Izak Van der Merwe moved on with a 6-4, 6-4 victory over American wild card Jack Sock.
Toronto posts rare MLS victory
TORONTO, July 11 (UPI) -- Terry Dunfield scored on a header in the 5th minute of stoppage time Wednesday to give Toronto FC a wild 3-2 victory over Vancouver.
All the scoring came in the second half, and Toronto came away with only its third win this season.
Goals by Luis Silva and Torsten Frings brought Toronto back from a 1-0 deficit, but Darren Mattocks scored his second of the game for the Whitecaps in the 91st minute to tie it.
With time running down, Frings sent a crossing pass to Dunfield, who headed the ball into the top left corner of the net.
Toronto (3-11-4) has just 13 points and is in last place in the Eastern Conference, but 10 of those points have come in its last seven games.
Vancouver (8-5-6) missed a chance to snap a third-place tie with Seattle in the Western Conference.