The first significant signing of the NBA's free-agent period has apparently taken place, as Rashard Lewis has reached an agreement with the Orlando Magic, which will reportedly pay him around $15 million a year. The formal announcement can't come before July 11.

Lewis, a 6-foot-10 small/power forward, will apparently leave the Seattle SuperSonics, the only team he has played for in his nine-year NBA career. The Sonics likely lost interest in re-signing Lewis, who averaged a career high 22.4 points and 6.6 rebounds a game last year, when they drafted Kevin Durant and traded for Jeff Green last week.

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The only thing reportedly left to be decided is whether Lewis will ink a straight five-year deal with Orlando, or get a sixth year in a sign-and-trade deal with the Sonics.

By the way, if you're a big NBA hoops fan and you have one of those fancy new IPhones, or even a mere IPod or MP3 player, you could hardly go wrong by checking out The Basketball Jones Web site and downloading their podcasts, which run daily during the regular season and less frequently in the offseason. Manned by a pair of occasionally profane Canadians, Basketball Jones is an almost always entertaining listen.

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