Basketball Dallas Mavericks -- Waived F Bob McCann and G Kelvin Upshaw.
New Jersey Nets -- Signed F Derrick Coleman, top pick in NBA draft, to five-year contract.
Philadelphia 76ers -- Dropped G Derek Smith (9.0 ppg). Acquired rookie F Jayson Williams, 21st selection in the NBA draft, from Phoenix Suns for a 1993 first-round draft pick.
Miami Dolphins -- Activated NT Shawn Lee from injured reserve. Waived DE Jeff Faulkner.
St. Louis Blues -- Recalled D Robert Dirk from IHL Peoria.