The Cleveland Cavaliers acquired Antawn Jamison from the Washington Wizards in a three-team trade that sent Drew Gooden to the Los Angeles Clippers.
Washington received Cavaliers center Zydrunas Ilgauskas, a 2010 first-round draft pick and the rights to Emir Preldzic, who was selected in the second round of last year's draft from Cleveland.
The Wizards also received forward Al Thornton from Los Angeles.
Cleveland received guard Sebastian Telfair from the Clippers.
The Cavaliers were looking for one more big forward to bolster their front line and try to make a run at an NBA championship.
They had reportedly been involved in trade talks with Phoenix for Amare Stoudemire, but instead ended up with another former All-Star.
Jamison, who had been with the Wizards since 2004, is averaging 20.5 points this season. He was not in uniform for Washington's game with Minnesota on Wednesday.
He left the arena shortly before the game. As he entered his car, all he had to say to reporters was: "Not now."
He did have a message for Wizards' fans. "You know I love them more than they love me."
The Wizards acquired Gooden on Saturday in a trade that sent Caron Butler, Brendan Haywood and DeShawn Stevenson to the Dallas Mavericks, to the Los Angeles Clippers.
Gooden was reportedly seeking a buyout. Unlike his three former Mavericks teammates, he did not practice with the Wizards on Tuesday, but was at shootaround Wednesday morning. He was listed as inactive.
AMARE TRADE '50-50': The probability of Amare Stoudemire staying put with the Phoenix Suns has increased now that the Cleveland Cavaliers reportedly have gone elsewhere.
Stoudemire rated his chances of being traded before Thursday's deadline as 50-50.
Speaking before the Phoenix game at Dallas on Wednesday night, Stoudemire said he had not heard anything from the Suns and was just waiting for the deadline to pass at 3 p.m. EST on Thursday.
The All-Star forward said he doesn't necessarily agree with his agent's comments that a trade was imminent.
"It's still 50-50 — not sure what's going to happen," Stoudemire said. "We have another day or so for it to break down. Like I said, whatever happens I'm going to remain professional, play my heart out on the basketball court."
ELLIS STILL OUT: The Golden State Warriors say star guard Monta Ellis will miss his third straight game with a sprained left knee.
Ellis was examined on Tuesday in Alabama by Dr. James Andrews, who confirmed the original diagnosis of a mild left knee sprain. Ellis originally hurt the knee on Feb. 8 against Dallas.
Ellis will not play Wednesday night against Sacramento. Coach Don Nelson says doctors expect Ellis can return in one week.
KNICKS TRADE MILICIC: The New York Knicks have traded Darko Milicic to the Minnesota Timberwolves for forward Brian Cardinal.
The Timberwolves also received cash considerations in the deal that was completed Wednesday night.
The 24-year-old Milicic was selected by the Detroit Pistons with the second overall pick in the 2003 draft, just behind LeBron James and ahead of Carmelo Anthony, Chris Bosh and Dwyane Wade. He is heading to his fifth NBA team.
Milicic has played in just eight games this season for the Knicks. He is averaging just 2.0 points and has not played since Nov. 13.
The 32-year-old Cardinal is averaging 1.7 points in 27 games this season. He has received sparse playing time for the young and rebuilding Timberwolves.
DAMPIER HAS SURGRY: Dallas Mavericks center Erick Dampier had surgery on Wednesday to close an open dislocation of his right middle finger.
Mavericks coach Rick Carlisle says there is no timetable for Dampier's return.
PISTONS PRESIDENT RESIGNS: Tom Wilson, who for more than three decades has been the face of one of the nation's most successful sports and entertainment enterprises, resigned as president and CEO of the Detroit Pistons and Palace Sports & Entertainment on Wednesday.