Chris Paul plans to put the gold medal he won in Beijing this month next to memories he has of his grandfather, according to Sun Herald.

"I still have the basketball in a frame back home when I scored 61 points," Paul said. "This medal will go somewhere next to that."

His 61-point performance came in high school, shortly after the murder of his grandfather Nathaniel Jones.

Paul is already planting the seed to return to Team USA in London.

"We want to defend it," he said. "It was so much fun. All of us were talking in the locker room afterward about (how) we've got to get back together in 2012."

The New Orleans Hornets have signed New Zealander and former Sun Sean Marks to a contract, the Associated Press is reporting.

"We are excited for Sean to join our team," said Hornets' General Manager Jeff Bower, who did not release terms of the contract citing team policy. "He is a veteran leader who has been on winning teams and will be a great addition to our frontcourt."

The Hornets have signed swingman Devin Brown, who played in Cleveland last season after departing from New Orleans, according to The Times-Picayune.

"I'll be all over the place," Brown said Friday. "I can play one through four, basically. And if I was a couple of inches taller, I'd play at the five, too. Wherever coach (Byron Scott) needs me to play, I'll play."

Brown averaged 7.5 points a game last season with the Cavaliers.

The New Orleans Hornets have unveiled a slightly updated logo and new uniforms for the 2008-09 season, according to NBA.com.

"We are extremely proud to be the New Orleans Hornets, and our new logos and uniforms pay tribute to the past, present and future of this great city," said Executive Officer of the Board Chad Shinn. "These exciting new designs represent our commitment to championship performance on and off the court as we look ahead to a successful future in New Orleans."

The new logos pay tribute to the city of New Orleans and the new jerseys feature pinstripes.

Hornets' point guard Chris Paul believes that everyone in the NBA is going to want to play for Team USA at the next Olympics in 2012, according to The Star-Ledger.

"When 2012 rolls around, I feel like everyone in the NBA, if they had open trials, would want to be part of this team," Paul said. "This is so much bigger than the NBA, representing your country."

After a disappointing showing in Athens, the buzz surrounding Team USA has returned in Beijing.

Jannero Pargo has become the latest player to choose Europe over the NBA, signing a one-year deal with Moscow Dynamo worth $3.8 million, according to Yahoo! Sports.

He joins former Nets forward Bostjan Nachbar on the team, who will be coached by an American this season.

The guaranteed money in Russia trumped serious bids made by the Spurs and Hawks.

Pargo averaged more than 10 points a game in the postseason for the Hornets this spring.

The New Orleans Hornets will play a pair of preseason games in Europe this fall as part of NBA Europe Live, according to NBA.com.

The Hornets will take on the Wizards on October 14 at the O2 World in Berlin, Germany, and will close out NBA Europe Live on October 17 at the Palau Sant Jordi in Barcelona, Spain.

The Hornets have reportedly reached an agreement with reserve forward Ryan Bowen to bring him back for the 2008-09 season, according to The Times-Picayune.

According to the initial report, Bowen agreed to a one-year deal with New Orleans on Friday.

"Last year was a lot of fun," Bowen said. "It was fun to be a part of it, and I enjoyed playing for a great organization. We had a wonderful year. That's why I wanted to go back."

The Hornets appear unlikely to re-sign free agent point guard Jannero Pargo at this point in the offseason, according to The Times-Picayune.

Mark Bartelstein, Pargo's agent, said Monday that the Hornets, "Don't seem interested in signing (Pargo) at this point. I don't think he'll be back with them at this point."

New Orleans GM Jeff Bower declined to comment on the negotiations on Tuesday.

The Spurs appear to have emerged as the front-runner to land Pargo.

There seems to be a chance that free agent point guard Jannero Pargo could end up leaving the Hornets for the Spurs this summer, according to The San Antonio Express-News.

One rumor circulating around a Western Conference front office on Monday afternoon was that Pargo had already, or was about to, agree to a deal with the Spurs.

However, Pargo's agent Mark Bartelstein acknowledged talks with the Spurs but said his client has yet to agree to a deal with anyone.

"The Spurs speak for themselves," Bartelstein said. "It's a great place to play. They are limited in what they can do financially, but we are definitely talking to them."