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The NBA is preparing for a rather lackluster free agency period where, unlike previous seasons, money is not being tossed around left and right. Teams are a lot more conservative with their spending as a result of the apron penalties that exist, and this free agent class as a whole is extremely underwhelming.
LeBron James faced a major question with his $52.6 million player option, but he has exercised that option with the Los Angeles Lakers. While Rich Paul's comments on the move raised eyebrows about a possible trade, expect LeBron to be with the Lakers in 2025-26. Much of the same can be said with Kyrie Irving, who was a free agent for a matter of seconds before signing a new contract with the Dallas Mavericks.
Free agency officially begins on June 30, but there has already been some action. Between contract extensions and free agency deals being agreed upon, all of this summer's signings that you need to know will be updated below LIVE as they are reported.
Here are all the new contracts that have been reported and agreed upon so far around the NBA:
July 10:
Herb Jones and the New Orleans Pelicans have agreed to a 3-year, $68 million extension.
Marvin Bagley III is returning to the Washington Wizards on a 1-year contract.
Jalen Williams and the Oklahoma City Thunder are in agreement on a 5-year contract extension that could reach $287 million.
July 9:
Jordan McLaughlin has agreed to a 1-year, $3 million contract with the San Antonio Spurs.
Devin Booker and the Phoenix Suns have agreed to a 2-year, $145 million contract extension.
Chet Holmgren and the Oklahoma City Thunder are in agreement on a 5-year extension that could reach $250 million.
July 7:
Paolo Banchero and the Orlando Magic agreed to a 5-year extension that could reach $287 million.
Kyle Lowry returns to Philadelphia 76ers on a 1-year contract.
James Wiseman and the Indiana Pacers have agreed to a 2-year contract.
July 4:
Moritz Wagner and the Orlando Magic have agreed on a 1-year contract.
July 3:
Jaxson Hayes and the Los Angeles Lakers have agreed on a 1-year contract.
July 2:
Deandre Ayton joins Los Angeles Lakers on 2-year, $16 million contract.
Dante Exum returns to Dallas Mavericks on 1-year contract.
Spencer Dinwiddie and the Charlotte Hornets are in agreement on a 1-year contract.
July 1:
Eric Gordon and the Philadelphia 76ers have agreed to a 1-year contract.
Tre Mann and the Charlotte Hornets have agreed to a 3-year, $24 million contract.
Duncan Robinson and the Detroit Pistons agree to a 3-year, $48 million contract.
Larry Nance Jr. and the Cleveland Cavaliers have agreed to a 1-year, minimum contract.
Drew Eubanks plans to sign with the Sacramento Kings after being waived by the Los Angeles Clippers.
Tim Hardaway Jr. and the Denver Nuggets have agreed to a 1-year contract.
Josh Minnott is joining the Boston Celtics on a 2-year, $5 million contract.
Jakob Poeltl and the Toronto Raptors have agreed on a 4-year, $104 million contract extension.
Sandro Mamukelashvili has agreed to a 2-year, $5.5 million contract with the Toronto Raptors.
Dennis Schroder finalizes a new 3-year, $45 million contract with the Sacramento Kings.
Jericho Sims and the Milwaukee Bucks have agreed to a 2-year contract.
Gary Harris is joining the Milwaukee Bucks on a 2-year contract with a second-year player option.
Myles Turner leaves Indiana Pacers and agrees to a 4-year, $107 million contract with the Milwaukee Bucks.
Guerschon Yabusele and the New York Knicks agreed to a 2-year, $12 million contract.
Shai Gilgeous-Alexander makes NBA history with the Oklahoma City Thunder on a new 4-year, $285 million contract extension.
June 30:
Gary Trent Jr. is returning to the Milwaukee Bucks on a two-year, $7.5 million contract.
Trendon Watford joins Philadelphia 76ers on 2-year, $5.3 million contract.
Jordan Clarkson and the New York Knicks intend on agreeing to a contract after his Utah Jazz buyout.
Taurean Prince and the Milwaukee Bucks have agreed to a 2-year, $7.1 million contract.
Mason Plumlee forges reunion with Charlotte Hornets on a 1-year, $3.6 million contract.
Luke Kennard and the Atlanta Hawks are in agreement on a 1-year, $11 million contract.
Devin Booker is in active discussions with the Phoenix Suns on a 2-year, $150 million contract extension.
Nigel Hayes-Davis will join the Phoenix Suns on a fully guaranteed 1-year contract.
Tyus Jones and the Orlando Magic have agreed to a 1-year, $7 million contract.
Nickeil Alexander-Walker is joining the Atlanta Hawks on a 4-year, $62 million contract by way of a sign-and-trade with the Timberwolves.
Luka Garza and the Boston Celtics are in agreement on a 2-year, $5.5 million contract.
Brook Lopez and the Los Angeles Clippers are finalizing a 2-year, $18 million contract.
Caris LeVert is joining the Detroit Pistons on a 2-year, $29 million contract.
Dennis Schroder is finalizing a contract with the Sacramento Kings.
Clint Capela is going back to the Houston Rockets on a 3-year, $21.5 million contract.
Luke Kornet and the San Antonio Spurs are in agreement on a 4-year, $41 million contract.
Kevon Looney is heading to the New Orleans Pelicans on a 2-year, $16 million contract.
Bruce Brown is back with the Denver Nuggets on a 1-year contract.
Kevin Porter Jr. and the Milwaukee Bucks are in agreement on a 2-year, $11 million contract.
Ty Jerome and the Memphis Grizzlies have agreed to a 3-year, $28 million contract.
D'Angelo Russell signs on to join the Dallas Mavericks with a 2-year, $13 million contract.
Tre Jones returns to Chicago Bulls on 3-year, $24 million contract.
Jake LaRavia joins Los Angeles Lakers on a 2-year, $12 million contract.
Cam Spencer and the Memphis Grizzlies have agreed to a 2-year, $4.5 million contract.
Dorian Finney-Smith, Houston Rockets agree to 4-year, $53 million contract.
Paul Reed will stay with the Detroit Pistons on a new 2-year, $11 million contract.
Santi Aldama remains with Memphis Grizzlies after JJJ extension with a 3-year, $52.5 million contract.
Jaren Jackson Jr. and the Memphis Grizzlies are expected to agree on a 5-year, $240 million max renegotiation-and-extension.
Jeff Green agrees to 1-year minimum contract with the Houston Rockets.
Aaron Holiday agrees to 1-year minimum contract with the Houston Rockets.
Jae'Sean Tate intends to sign a 1-year, $3 million contract with the Houston Rockets.
Nic Batum intends to return to the Los Angeles Clippers on a new 2-year, $11.5 million contract.
Joe Ingles returns to the Minnesota Timberwolves and intends to sign a 1-year, $3.6 million contract.
Day'Ron Sharpe is staying with the Brooklyn Nets on a 2-year, $12 million contract.
Collin Gillespie earns 1-year contract with Phoenix Suns after strong two-way season.
Ziaire Williams returns to the Brooklyn Nets with a new 2-year, $12 million contract.
June 29:
Jabari Smith Jr. has agreed on a 5-year, $122 million contract extension with the Houston Rockets.
Bobby Portis is heading back to the Milwaukee Bucks on a 3-year, $44 million contract after declining his $13.4 million player option.
James Harden is declining his $36.3 million player option and will sign a 2-year, $81.5 million contract with the Los Angeles Clippers.
Ajay Mitchell and the Oklahoma City Thunder have agreed on a 3-year, $9 million contract.
Julius Randle intends to sign a 3-year, $100 million contract to remain with the Minnesota Timberwolves.
LeBron James is exercising his $52.6 million player option with the Los Angeles Lakers.
Jaylin Williams gets a 3-year, $24 million deal with the Oklahoma City Thunder.
June 28:
Garrett Temple is returning to the Toronto Raptors on a 1-year, $3.6 million contract.
Sam Merrill is back with the Cleveland Cavaliers on a 4-year, $38 million deal.
Davion Mitchell intends to sign a 2-year, $25 million contract to return to the Miami Heat.
June 27:
Naz Reid and the Minnesota Timberwolves agreed to a 5-year, $125 million contract to avoid free agency.
Justin Edwards and the Philadelphia 76ers will agree to a new 3-year contract to avoid free agency.
June 25:
Fred VanVleet and the Houston Rockets will agree to a 2-year, $50 million contract to avoid free agency.
June 24:
Kyrie Irving is declining his $43 million player option and agreeing to a 3-year, $119 million contract with the Dallas Mavericks.
June 23:
Daniel Gafford and the Dallas Mavericks agreed to a 3-year, $54 milion contract extension.
June 14:
Steven Adams and the Houston Rockets agreed to 3-year, $39 million contract extension to avoid free agency.
