NBA Free Agency 2025: Latest News and Updates

Sports news » NBA Free Agency 2025: Latest News and Updates

With the NBA Finals and draft now concluded, the league`s offseason period is in full swing. Key early developments include Kevin Durant`s move from the Phoenix Suns to the Houston Rockets. Teams across the league are also monitoring the situation around two-time MVP Giannis Antetokounmpo and his future with the Milwaukee Bucks.

Elsewhere, the New York Knicks are searching for a new head coach, while the Boston Celtics are making significant roster changes following Jayson Tatum`s season-altering Achilles injury. The trade period began with a major deal between the Memphis Grizzlies and Orlando Magic, involving multiple players and draft picks.

Additionally, the NBA recently announced the salary cap and tax thresholds for the upcoming 2025-26 season. The salary cap is set at $154.647 million, the tax level at $187.895 million, the first apron at $195.945 million, and the second apron at $207.824 million. These figures took effect on Tuesday.

Our NBA experts will continue to provide comprehensive coverage of the latest signings, trade rumors, and intel throughout the summer, keeping you informed on the major moves shaping the league.

July 5

Free agent center Jock Landale has agreed to a deal with the Memphis Grizzlies. Landale was released earlier this week by the Houston Rockets.

The Memphis Grizzlies are trading center Jay Huff to the Indiana Pacers for draft compensation. The acquisition of Huff helps fill the hole left by the departure of Myles Turner.

The Houston Rockets are trading Cam Whitmore to the Washington Wizards for two second-round picks. Whitmore has averaged 10.8 PPG in two seasons with the Rockets.

July 4

Free agent forward/center Moritz Wagner has agreed to a one-year, $5 million deal to return to the Orlando Magic.

July 3

Free agent center Jaxson Hayes has agreed to a one-year deal to return to the Los Angeles Lakers.

The Houston Rockets are waiving center Jock Landale ahead of his July 7 salary guarantee date.

The Dallas Mavericks, with Anthony Davis, Kyrie Irving, Klay Thompson and now rookie No. 1 pick Cooper Flagg, would only be interested in acquiring LeBron James in a buyout situation.

July 2

Frank Vogel is finalizing an agreement to join the Dallas Mavericks as a lead assistant coach under Jason Kidd.

Center Deandre Ayton has agreed to sign with the Los Angeles Lakers on a two-year deal that includes a player option.

Guard Dante Exum has agreed to a one-year deal to return to the Dallas Mavericks.

Guard Spencer Dinwiddie has agreed to a one-year deal with the Charlotte Hornets.

The Los Angeles Lakers did not have `substantive` discussions about extending LeBron James` contract before he opted in. James is being viewed as an expiring contract, which could potentially make him a trade piece, although a trade is considered unlikely by many.

July 1

Free agent guard Tre Mann has agreed to a three-year, $24 million deal with the Charlotte Hornets.

Free agent Duncan Robinson has agreed to a three-year, $48 million deal with the Detroit Pistons. The Pistons are trading Simone Fontecchio to the Miami Heat to acquire Robinson in a sign-and-trade deal.

The LA Clippers are waiving center Drew Eubanks, who plans to sign with the Sacramento Kings on a one-year deal after he clears waivers.

Forward Tim Hardaway Jr. has agreed to a one-year deal with the Denver Nuggets.

Forward Josh Minott has agreed to a two-year, $5 million deal with the Boston Celtics.

Toronto Raptors center Jakob Poeltl has agreed on a four-year, $104 million contract extension with the franchise through 2029-30.

Forward/center Sandro Mamukelashvili has agreed to a two-year, $5.5 million deal with the Toronto Raptors, plus a second-year player option.

Center Jericho Sims has agreed to a two-year deal with the Milwaukee Bucks, including a player option in the second season.

Guard Dennis Schroder has agreed to a three-year, $45 million deal with the Sacramento Kings.

The Milwaukee Bucks are trading Pat Connaughton and two second-round picks to the Charlotte Hornets for Vasilije Micic.

Forward Gary Harris has agreed to a two-year deal with the Milwaukee Bucks with a player option on the second season.

The Sacramento Kings are trading Jonas Valanciunas to the Denver Nuggets for Dario Saric.

The Milwaukee Bucks are waiving Damian Lillard and stretching his remaining contract in order to acquire Myles Turner. Lillard is expected to miss most of the 2025-26 season due to injury.

Free agent center Myles Turner has agreed to a four-year, $107 million deal with the Milwaukee Bucks. The deal includes a player option and a trade kicker.

Center Guerschon Yabusele has agreed to a two-year, $12 million contract with the New York Knicks plus a player option.

NBA MVP Shai Gilgeous-Alexander has agreed to a four-year, $285 million supermax contract extension with the Oklahoma City Thunder through 2030-31. This gives Gilgeous-Alexander the largest annual salary for a player in NBA history.

June 30

Free agent Gary Trent Jr. agreed to a two-year, $7.5 million deal with a player option to return to the Milwaukee Bucks.

Free agent forward Trendon Watford agreed to a two-year, $5.3 million deal with the Philadelphia 76ers.

Guard Jordan Clarkson is expected to sign with the New York Knicks after he clears free agency waivers.

Free agent forward Taurean Prince has agreed to a two-year, $7.1 million deal to return to the Milwaukee Bucks with a player option in the second season.

Free agent center Mason Plumlee has agreed to a one-year, $3.6 million deal with the Charlotte Hornets.

Free agent Luke Kennard has agreed to a one-year, $11 million deal with the Atlanta Hawks.

Fenerbahce’s Nigel Hayes-Davis has agreed to a fully guaranteed one-year contract with the Phoenix Suns.

Free agent guard Tyus Jones has agreed to a one-year, $7 million deal with the Orlando Magic.

The Atlanta Hawks are sending a 2027 second-round pick and cash to the Minnesota Timberwolves to acquire Nickeil Alexander-Walker via sign-and-trade.

Free agent Nickeil Alexander-Walker has agreed to a four-year, $62 million deal with the Atlanta Hawks that includes a player option and trade kicker.

Free agent center Luka Garza has agreed to a two-year, $5.5 million fully guaranteed deal with the Boston Celtics.

Rich Paul stated that he has not had any discussion with the Lakers about LeBron James wanting a trade.

Free agent center Brook Lopez has agreed to a two-year, $18 million deal with the LA Clippers.

Free agent guard Caris LeVert has agreed to a two-year, $29 million deal with the Detroit Pistons.

Free agent center Clint Capela has agreed to a three-year, $21.5 million deal with the Houston Rockets.

Free agent center Luke Kornet has agreed to a four-year, $41 million deal with the San Antonio Spurs.

Free agent center Kevon Looney has agreed to a two-year, $16 million deal with the New Orleans Pelicans.

Free agent Bruce Brown has agreed to a one-year deal with the Denver Nuggets.

Free agent guard Kevin Porter Jr. has agreed to a two-year, $11 million deal to return to the Milwaukee Bucks with a player option in 2026-27.

Free agent guard Ty Jerome has agreed to a three-year, $28 million deal with the Memphis Grizzlies, with a player option in Year 3.

The Denver Nuggets are trading Michael Porter Jr. and an unprotected 2032 first-round pick to the Brooklyn Nets for Cameron Johnson.

Free agent guard D`Angelo Russell has agreed on a two-year, $13 million deal with the Dallas Mavericks.

Free agent guard Tre Jones has agreed to a three-year, $24 million deal to return to the Chicago Bulls.

Free agent forward Jake LaRavia has agreed to a two-year, $12 million deal with the Los Angeles Lakers.

The Memphis Grizzlies and Cole Anthony’s representatives are working toward a resolution to create cap space and allow Anthony to find his next destination.

The Memphis Grizzlies and guard Cam Spencer have agreed to a two-year, $4.5 million fully guaranteed contract.

Free agent C/F Paul Reed has agreed to a two-year, $11 million deal to return to the Detroit Pistons.

Free agent forward Dorian Finney-Smith has agreed to a four-year, $53 million deal with the Houston Rockets.

Restricted free agent Santi Aldama has agreed to a three-year, $52.5 million deal to return to the Memphis Grizzlies.

The Memphis Grizzlies and All-Star Jaren Jackson Jr. are expected to agree to a five-year, $240 million maximum renegotiation and extension that includes a player option.

Former Sacramento Kings coach Mike Brown will have a second meeting with the New York Knicks for their head coaching job and has emerged as a strong candidate.

Guard Jordan Clarkson is finalizing a contract buyout with the Utah Jazz, allowing him to join a contender this summer.

Free agent forward Nicolas Batum will sign a two-year, $11.5 million contract to return to the LA Clippers.

Free agent big man Day`Ron Sharpe intends to sign a two-year, $12 million deal to return to the Brooklyn Nets.

Free agent forward Joe Ingles intends to sign a one-year, $3.6 million deal to return to the Minnesota Timberwolves.

Guard Collin Gillespie intends to sign a guaranteed one-year contract to return to the Phoenix Suns.

The Utah Jazz are waiving forward Johnny Juzang, making him a free agent. Interest from other teams is expected.

Free agent forward Ziaire Williams intends to sign a two-year, $12 million deal to return to the Brooklyn Nets.

After trading for Kevin Durant, the Houston Rockets could target Dorian Finney-Smith, who became a free agent. This move would cap off a successful offseason for Houston.

The Golden State Warriors are waiting to see the market for restricted free agent Jonathan Kuminga. They have the right to match offers and could explore sign-and-trade options. They could also keep him and explore trades next season.

There are still questions about LeBron James` future with the Los Angeles Lakers despite him opting in. There is reportedly not a robust trade market for the veteran superstar, as teams are hesitant to give up significant assets for a potential one-year rental.

June 29

Portland Trail Blazers center Deandre Ayton is finalizing a buyout with the team to become a free agent.

Houston Rockets forward Jabari Smith Jr. intends to sign a five-year, $122 million rookie contract extension.

The Oklahoma City Thunder intend to sign guard Ajay Mitchell to a new three-year contract worth nearly $9 million after declining his team option.

Philadelphia 76ers guard Eric Gordon is declining his $3.4 million player option to explore free agency. A return to the 76ers is still possible.

Bobby Portis intends to sign a three-year, $44 million contract to return to the Milwaukee Bucks, with a player option.

James Harden is declining his $36.3 million player option and intends to sign a new two-year, $81.5 million contract to return to the LA Clippers.

The Philadelphia 76ers are declining guard Lonnie Walker IV’s team option worth $2.9 million, making him a free agent.

The Utah Jazz are trading guard Collin Sexton and a 2030 second-round pick to the Charlotte Hornets for center Jusuf Nurkic.

Miami Heat guard Duncan Robinson will decline his $20 million early termination option and become a free agent. He will work with the team on either a long-term contract or a move elsewhere.

Three-time NBA All-Star Julius Randle intends to sign a new three-year, $100 million deal to stay with the Minnesota Timberwolves.

Philadelphia 76ers forward Kelly Oubre Jr. is picking up his $8.4 million player option for the 2025-2026 season.

Los Angeles Lakers forward Dorian Finney-Smith is declining his $15.4 million player option for the 2025-26 season and will enter free agency. Multiple contending teams are expected to pursue him.

The United States District Attorney’s office is investigating Detroit Pistons guard Malik Beasley on allegations of gambling related to NBA games and prop bets. Contract talks with the Pistons are on pause.

Los Angeles Lakers star LeBron James is exercising his $52.6 million player option for the 2025-26 season, entering a record-setting 23rd season.

Oklahoma City Thunder big man Jaylin Williams is signing a three-year, $24 million contract extension.

June 28

The Oklahoma City Thunder are trading guard Dillon Jones and a second-round pick to the Washington Wizards for guard Colby Jones, who will then be waived by the Thunder.

Free agent Garrett Temple intends to sign a one-year, $3.6 million deal to return to the Toronto Raptors.

LA Clippers forward Nicolas Batum is declining his $4.9 million player option for the 2025-26 season to become a free agent. Mutual interest exists between the player and the Clippers for a new deal.

Free agent guard Sam Merrill intends to sign a four-year, $38 million contract to stay with the Cleveland Cavaliers.

Restricted free agent Davion Mitchell intends to sign a two-year, $24 million deal to return to the Miami Heat.

The Golden State Warriors have tendered a qualifying offer to Jonathan Kuminga, officially making the forward a restricted free agent.

The Chicago Bulls are trading Lonzo Ball to the Cleveland Cavaliers for Isaac Okoro.

June 27

Minnesota Timberwolves center Naz Reid intends to sign a new five-year, $125 million contract to stay with the franchise. The deal includes a player option.

June 26

The New York Knicks have traded Kobe Sanders to the Los Angeles Clippers.

The Los Angeles Lakers are acquiring the No. 36 pick in the NBA draft from Minnesota, sending the No. 45 pick and cash in exchange.

The Boston Celtics are trading draft picks to the Orlando Magic for other picks and future second-rounders.

Significant Phoenix Suns news is expected soon, including a massive contract extension lined up for Devin Booker.

Los Angeles Lakers guard Austin Reaves has turned down a four-year, $89.2 million extension. He is eligible for a larger extension or unrestricted free agency in the summer of 2026. Both sides are motivated to find a deal next summer.

The Brooklyn Nets are trading the No. 36 pick in the draft to the Phoenix Suns for two future second-round picks.

The Los Angeles Lakers are moving up in the second round of the NBA draft, acquiring the No. 45 pick from the Chicago Bulls for the No. 55 pick and cash.

June 25

The Oklahoma City Thunder have traded the No. 24 pick in the 2025 draft to the Sacramento Kings for a 2027 protected first-round pick.

After missing out on Kevin Durant, the Miami Heat are interested in Golden State Warriors restricted free agent Jonathan Kuminga, either via trade or free agency.

The Washington Wizards are selecting guard Walter Clayton Jr. with the No. 18 pick and trading him to the Utah Jazz for other picks.

The Atlanta Hawks are trading the No. 13 pick in the 2025 draft to the New Orleans Pelicans for another pick and an unprotected first-round pick in 2026.

The Portland Trail Blazers are trading Cedric Coward, whom they selected with the No. 11 pick, to the Memphis Grizzlies for another pick and future assets.

The Charlotte Hornets are trading center Mark Williams to the Phoenix Suns in exchange for a draft pick and future assets.

The San Antonio Spurs are trading the No. 38 pick in the 2025 draft to the Indiana Pacers for a future second-round pick and cash considerations.

The New York Knicks are planning to interview James Borrego, an assistant coach with the New Orleans Pelicans, for the head-coaching position.

Utah Jazz forward John Collins has exercised his $26.5 million player option for the 2025-26 season.

Rockets guard Fred VanVleet will sign a two-year, $50 million deal to stay in Houston, with a player option for the 2026-27 season.

Several teams in the top 10 of Wednesday’s NBA draft are making offers to the Boston Celtics for Jaylen Brown and Derrick White.

June 24

Nine-time All-Star Kyrie Irving is declining his $43 million player option with the Dallas Mavericks and intends to sign a three-year, $119 million contract with the franchise.

The Boston Celtics, Atlanta Hawks and Brooklyn Nets are finalizing a three-team trade involving multiple players and draft picks.

The New Orleans Pelicans are trading guard CJ McCollum, center Kelly Olynyk and a future second-round pick to the Washington Wizards for guard Jordan Poole, wing Saddiq Bey and a 2025 draft pick.

Portland Trail Blazers forward Matisse Thybulle is picking up his $11.5 million player option for the 2025-26.

June 23

The Boston Celtics have traded guard Jrue Holiday to the Portland Trail Blazers in exchange for Anfernee Simons and future second-round picks. The Celtics remain in trade talks with other players on their roster.

Washington Wizards three-time NBA All-Star Khris Middleton has picked up his $33.3 million player option for the 2025-26 season.

June 22

The Phoenix Suns have traded 15-time All-Star Kevin Durant to the Houston Rockets for guard Jalen Green, wing Dillon Brooks, the 10th pick in this year’s NBA draft and five second-round picks.

June 21

Milwaukee Bucks guard Pat Connaughton picked up a $9.4 million player option for the 2025-26 season.

June 17

Kevin Durant reportedly wanted to go to the New York Knicks, but the Knicks weren’t interested. His three current choices (Miami Heat, San Antonio Spurs, Houston Rockets) may be by default, and other teams like Minnesota, Toronto, and the LA Clippers could still be involved.

June 16

After trading Desmond Bane, the Memphis Grizzlies have no intention of trading Ja Morant or Jaren Jackson Jr.

The Miami Heat, San Antonio Spurs and Houston Rockets have not made offers for Kevin Durant that the Phoenix Suns find exciting. The Minnesota Timberwolves have been the most aggressive team in trade talks, while the Raptors and Clippers are also considered potential destinations.

June 15

Several teams remain interested in Kevin Durant. Teams like the Toronto Raptors and Los Angeles Clippers could be willing to acquire him without a guarantee of an extension, potentially viewing him as a rental. The Minnesota Timberwolves also remain in contention.

The Memphis Grizzlies have agreed to trade Desmond Bane to the Orlando Magic for Kentavious Caldwell-Pope, Cole Anthony, four unprotected first-round picks and one first-round pick swap.

June 14

The Houston Rockets and Steven Adams reached an agreement on a three-year, $39 million contract extension.

June 13

Phoenix Suns forward Kevin Durant could be traded in the next `few days`. The Houston Rockets, Miami Heat and Minnesota Timberwolves have been the teams most focused on a deal recently.

June 12

The Boston Celtics are open to hearing trade offers for guards Jaylen Brown and Derrick White, although they prefer to keep them. A significant offer would be considered.

Trade talks are beginning to heat up for Phoenix Suns forward Kevin Durant. Some teams are motivated to finalize a deal sooner, but the process could extend throughout the draft.

The NBA offseason is expected to move faster than normal, with a lot of activity potentially happening near the NBA draft rather than just in early free agency.

June 10

The New York Knicks were denied permission to interview Jason Kidd, Ime Udoka (Houston Rockets), and Chris Finch (Minnesota Timberwolves) for their open head coach position.

There is currently `no trade market` for Milwaukee Bucks star Giannis Antetokounmpo because he has not asked for a trade and the Bucks are not looking to trade him.

Hadley Winterbourne

Hadley Winterbourne, 41, calls Manchester his home while traveling extensively to cover NHL and football matches. His journey in sports journalism began as a local football commentator in 2008, eventually expanding his expertise to multiple sports.

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