Lakers sell first-round pick

The Lakers reportedly have sold their first-round pick, No. 29 overall, to the New York Knicks for $3 million. There's been no official word from either team yet, but ESPN.com has reported the deal based on multiple sources. It makes sense for the Lakers in that they plan to bring back their championship team intact for next season. It saves them the trouble of drafting a player now that won't be a part of next season's team. It also gives them a little extra cash to aid re-signing free agents Trevor Ariza, Shannon Brown and Lamar Odom.