The Houston Rockets and the Orlando Magic engaged in talks that would send the Magic's superstar, Tracy McGrady, and three other players to Houston for Steve Francis, Cuttino Mobley and Kelvin Cato. The deal would team McGrady, the league's scoring leader the past two years, with Yao Ming, the Rockets' 7-foot-5 All-Star center.

Officials from two separate teams, one from each conference, said yesterday afternoon that the deal, which would also send Tyronn Lue, Andrew DeClerq and Juwan Howard to Houston, had been agreed upon. But later, several other officials, including one from one of the participating clubs, said that that nothing had been completed.

The proposed trade could not be made official until July 15 because of a stipulation in Francis's contract that makes him a base-year compensation player.
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Another one to be cut from our list