News And Notes From Around The NBA

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All the quick hits of NBA news that you need to start your day

April 26, 2013; Los Angeles, CA, USA; Los Angeles Lakers small forward Metta World Peace (15) controls the ball against the San Antonio Spurs during the first half in game three of the first round of the 2013 NBA playoffs at Staples Center. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports

Metta World Peace and the Lakers have agreed to a one-year contract worth $7.7 million.

Larry Bird is returning to the Pacers’ front office

Dwight Howard is unlikely to re-sign with the Lakers

Gilbert Arenas arrested after truckload of illegal fireworks forces police to bring in bomb squad

“Arenas was pulled over by the California Highway Patrol at about 2:30 a.m. early Thursday morning in Los Angeles for speeding, according to TMZ. But it wasn’t a typical traffic stop, as officers immediately found that the entire bed of Arenas’ Ford pickup truck was filled with illegal fireworks.”

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