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Bynum appears locked in as the third-string point guard as training camp nears.
Gee will be traded to the Kings as part of a deal that will bring Jason Terry to Houston, Mark Berman of Fox 26 in Houston reports.
Franklin was waived by the Grizzlies on Sunday, CBS Sports reports.
Terry will be traded to the Rockets, Adrian Wojnarowski of Yahoo! Sports reports.
Black signed a non-guaranteed contract with the Rockets on Wednesday, the Houston Chronicle reports.
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