NBA free agency: Latest signings, news, buzz, live reports

With the NBA Finals and draft complete, the league's offseason frenzy is taking center stage.

Phoenix Suns forward Kevin Durant is headed to the Houston Rockets. Teams around the league are keeping an eye on former MVP Giannis Antetokounmpo and his future with the Milwaukee Bucks.

Elsewhere, the New York Knicks are still looking for a head coach, and the Boston Celtics are dramatically reshaping their roster now that Jayson Tatum will miss a good portion of next season following surgery to repair a torn left Achilles tendon.

The Memphis Grizzlies and the Orlando Magic tipped off the trade season with a multiplayer, multipick deal. Desmond Bane headed to Orlando in exchange for Kentavious Caldwell-Pope, Cole Anthony, four future first-round picks and a future first-round pick swap.

On Monday, the NBA announced that the salary cap has been set at $154.647 million for the 2025-26 season, while the tax level is $187.895 million. The first apron level is set at $195.945 million and the second apron level is $207.824. The salary cap and tax level go into effect at 12:01 a.m. ET on Tuesday.

Our NBA insiders will be tracking the latest signings, buzz, news and intel throughout the summer, so stay tuned as we report on the biggest moves that will shape the league.

June 30

6:45 p.m. ET: Free agent forward Jake LaRavia has agreed to a two-year, $12 million deal with the Los Angeles Lakers, sources told ESPN's Shams Charania. LaRavia had a strong finish after joining the Sacramento Kings last season.

6:39 p.m. ET: The Memphis Grizzlies and Cole Anthony's representatives are working toward a resolution that allows Memphis to create the necessary cap space to renegotiate and extend Jaren Jackson Jr. while giving Anthony the opportunity to find his next destination, sources told ESPN's Shams Charania.

6:33 p.m. ET: The Memphis Grizzlies and guard Cam Spencer have agreed to a two-year, $4.5 million fully guaranteed contract, sources told ESPN's Shams Charania.

6:32 p.m. ET: Free agent C/F Paul Reed has agreed to a two-year, $11 million deal to return to the Detroit Pistons, sources told ESPN's Shams Charania.

6:30 p.m. ET: Free agent forward Dorian Finney-Smith has agreed to a four-year, $53 million deal with the Houston Rockets, sources told ESPN's Shams Charania.

6:20 p.m. ET: Restricted free agent Santi Aldama has agreed to a three-year, $52.5 million deal to return to the Memphis Grizzlies, sources told ESPN's Shams Charania.

6:16 p.m. ET: 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 in the final year of the deal in 2029-30, sources told ESPN's Shams Charania.

5:25 p.m. ET: 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, sources told ESPN's Shams Charania.

2:47 p.m. ET: Guard Jordan Clarkson is finalizing a contract buyout with the Utah Jazz , sources told ESPN's Shams Charania. Jazz officials and Klutch Sports CEO Rich Paul finalized the buyout Monday, which allows Clarkson to join a contender this summer.

1:57 p.m. ET: Free agent forward Nicolas Batum will sign a two-year, $11.5 million contract to return to the LA Clippers, sources told ESPN's Shams Charania. The deal includes a team option and a trade kicker.

12:45 p.m. ET: Free agent big man Day'Ron Sharpe intends to sign a two-year, $12 million deal to return to the Brooklyn Nets, sources told ESPN's Shams Charania. Sharpe averaged 7.9 points and 6.6 rebounds in 50 games for Brooklyn last season.

12:42 p.m. ET: Free agent forward Joe Ingles intends to sign a one-year, $3.6 million deal to return to the Minnesota Timberwolves, sources told ESPN's Shams Charania. Ingles played 19 games for the Timberwolves last season.

12:28 p.m. ET: Guard Collin Gillespie intends to sign a guaranteed one-year contract to return to the Phoenix Suns, sources told ESPN's Shams Charania. Suns officials and agents James Dunleavy and Jordan Gertler of Excel Sports worked toward the deal that rewards Gillespie after a strong season on a two-way.

11:38 a.m. ET: The Utah Jazz are waiving forward Johnny Juzang, making him a free agent, sources told ESPN's Shams Charania. The 24-year-old started 18 games and averaged 8 points in 20 minutes last season, shooting 38% from 3, and will receive interest from teams.

10:10 a.m. ET: Free agent forward Ziaire Williams intends to sign a two-year, $12 million deal to return to the Brooklyn Nets, sources told ESPN's Shams Charania. Williams averaged 10 points and 4.3 rebounds in 63 games. Nets officials and Aaron Mintz of CAA negotiated the new contract.

9:33 a.m. ET: Are the Houston Rockets done making moves? ESPN's Bobby Marks said on "Get Up" that after trading Dillon Brooks to the Phoenix Suns to acquire Kevin Durant, Houston could target Dorian Finney-Smith, who became a free agent after declining his player option with the Los Angeles Lakers. "If I was the Rockets, that would be Priority One" and would basically put the icing on the cake of a terrific offseason, if they were able to get the former Laker wing."

9:00 a.m. ET: What will the Golden State Warriors do about restricted free agent Jonathan Kuminga? With the Brooklyn Nets the only team that can offer a starting salary of $20 million or more, Golden State will wait to see what Kuminga's market is, ESPN's Ohm Youngmisuk reports. The Warriors have the right to match and could explore sign-and-trade options too. If no deal materializes, they can keep Kuminga -- and see how he continues to develop alongside Stephen Curry, Jimmy Butler III and Draymond Green -- and opt to explore trade options if they want to next season.

• More early free agency notes on 20 NBA teams

8:03 a.m. ET: While LeBron James has opted into his contract for 2025-26, there are still questions about whether he'll be with the Los Angeles Lakers next season, with Rich Paul telling ESPN's Shams Charania that James still wants to compete for a championship. ESPN's Bobby Marks reported on "Get Up" this morning that there is not a robust trade market for the 40-year-old superstar. "I talked to numerous teams yesterday and asked that same question. 'Would you give up basically the farm?' You'd have to give up four or five players to go get LeBron James for one year, and the unanimous answer was no, they wouldn't."

June 29

10:35 p.m. ET: Portland Trail Blazers center Deandre Ayton is finalizing a buyout with the team to become a free agent, sources told ESPN's Shams Charania.

8:01 p.m. ET: Houston Rockets forward Jabari Smith Jr. intends to sign a five-year, $122 million rookie contract extension, sources told ESPN's Shams Charania.

6:04 p.m. ET: The Oklahoma City Thunder intend to sign guard Ajay Mitchell to a new three-year contract worth nearly $9 million after declining his 2025-26 team option, sources told ESPN's Shams Charania.

5:40 p.m. ET: Philadelphia 76ers guard Eric Gordon is declining his $3.4 million player option to explore free agency, sources told ESPN's Shams Charania. A return to the 76ers is still possible.

5:25 p.m. ET: Bobby Portis intends to sign a three-year, $44 million contract to return to the Milwaukee Bucks, with a player option for 2027-28, sources told ESPN's Shams Charania.

5:06 p.m. ET: 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, sources told ESPN's Shams Charania. The second year of Harden's deal has a player option and is partially guaranteed. An 11-time All-Star, Harden, 35, earned All-NBA honors for the first time since 2019-20 after averaging 22.8 points and 8.7 assists for LA.

3:47 p.m. ET: The Philadelphia 76ers are declining guard Lonnie Walker IV's team option worth $2.9 million, making him a free agent, sources told ESPN's Shams Charania. Walker averaged 12.3 points, 23.8 minutes and 35.4% 3-point shooting in 20 games for the 76ers last season.

3:20 p.m. ET: The Utah Jazz are trading guard Collin Sexton and a 2030 second-round pick to the Charlotte Hornets for center Jusuf Nurkic, sources told ESPN's Shams Charania.

1:59 p.m. ET: Miami Heat guard Duncan Robinson will decline his $20 million early termination option and become a free agent, sources told ESPN's Shams Charania. Robinson will work with the team on either a long-term contract to return or a move elsewhere.

1:25 p.m. ET: Three-time NBA All-Star Julius Randle intends to sign a new three-year, $100 million deal to stay with the Minnesota Timberwolves, sources told ESPN's Shams Charania.

12:48 p.m. ET: Philadelphia 76ers forward Kelly Oubre Jr. is picking up his $8.4 million player options for the 2025-2026 season, sources told ESPN's Shams Charania.

12:15 p.m. ET: 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, sources told ESPN's Shams Charania. Multiple contending teams are expected to pursue Finney-Smith beginning Monday night, and a Lakers return is possible.

12:10 p.m. ET: 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, sources told ESPN's Shams Charania. Beasley, 28, and the Pistons were in talks to sign a new three-year, $42 million contract to bring the free agent sharpshooter back to Detroit but now talks are on pause, sources said. The nine-year veteran averaged 16.3 points while appearing in all 82 games last season, his first with the Pistons.

11:17 a.m. ET: Los Angeles Lakers star LeBron James is exercising his $52.6 million player option for the 2025-26 season, Klutch Sports CEO Rich Paul told ESPN's Shams Charania. James, the NBA's career leading scorer, is entering a record-setting 23rd season.

11:01 a.m. ET: Oklahoma City Thunder big man Jaylin Williams is signing a three-year, $24 million contract extension, sources told ESPN's Shams Charania on Sunday. Williams, 23, averaged 5.9 points and 5.6 rebounds per game while shooting nearly 40% from 3 last season.

June 28

9:31 p.m. ET: The Oklahoma City Thunder are trading guard Dillon Jones and a second-round pick to the Washington Wizards, sources told ESPN's Shams Charania. The Wizards will send guard Colby Jones to the Thunder, who will then waive him, sources said.

8:17 p.m. ET: Free agent Garrett Temple intends to sign a one-year, $3.6 million deal to return to the Toronto Raptors, sources told ESPN's Shams Charania.

6:46 p.m. ET: LA Clippers forward Nicolas Batum is declining his $4.9 million player option for the 2025-26 season to become a free agent, sources told ESPN's Shams Charania. There's mutual interest between the NBA veteran and the Clippers in a new deal.

2:16 p.m. ET: Free agent guard Sam Merrill intends to sign a four-year, $38 million contract to stay with the Cleveland Cavaliers, sources told ESPN's Shams Charania.

1:49 p.m. ET: Restricted free agent Davion Mitchell intends to sign a two-year, $24 million deal to return to the Miami Heat, sources told ESPN's Shams Charania.

1:01 p.m. ET: The Golden State Warriors have tendered a $7.9 million qualifying offer to Jonathan Kuminga, sources confirmed to ESPN's Ohm Youngmisuk, officially making the forward a restricted free agent.

11:04 a.m. ET: The Chicago Bulls are trading Lonzo Ball to the Cleveland Cavaliers for Isaac Okoro, sources told ESPN's Shams Charania.

June 27

9:05 p.m. ET: Minnesota Timberwolves center Naz Reid intends to sign a new five-year, $125 million contract to stay with the franchise, sources told ESPN's Shams Charania. The deal includes a player option. Reid, the 2024 Sixth Man of the Year, declined a $15 million player option for next season and chose to stay with Minnesota after back-to-back trips to the Western Conference finals.

June 26

9:52 p.m. ET: The New York Knicks have traded Kobe Sanders to the Los Angeles Clippers, sources told ESPN's Shams Charania.

8:45 p.m. ET: The Los Angeles Lakers are acquiring the No. 36 pick in the NBA draft from Minnesota, sources told ESPN's Shams Charania. The Lakers sent No. 45 and cash to the Timberwolves, sources said.

8;25 p.m. ET: The Boston Celtics are trading No. 32 to the Orlando Magic for Nos. 46 and 57, a 2026 second-rounder and 2027 second-rounder, sources tell ESPN's Shams Charania.

8:15 p.m. ET: "There's going to be big Phoenix Suns news in the next 10 days. Devin Booker is lined up to sign a massive contract extension," ESPN's Brian Windhorst reported before the NBA draft's second round.

6:00 p.m. ET: Los Angeles Lakers guard Austin Reaves has turned down a four-year, $89.2 million extension, sources confirmed to ESPN's Dave McMenamin. It comes as no surprise. In the summer of 2026, Reaves is eligible to sign a four-year, $98 million extension, or he can opt out of the final year of his contract, become an unrestricted free agent and be eligible for 25% of the salary cap for 2026-27. The Lakers made the offer, sources said, understanding that Reaves would turn it down, but the franchise wanted to show its interest in him nonetheless and would not have wanted to send the wrong signal by not offering it. Both sides, sources said, are motivated to find a deal next summer.

3:41 p.m. ET: The Brooklyn Nets are trading the No. 36 pick in the draft to the Phoenix Suns for two future second-round picks, sources told ESPN's Shams Charania.

12:20 p.m. ET: The Los Angeles Lakers are moving up in the second round of the NBA draft tonight, acquiring the No. 45 pick from the Chicago Bulls for No. 55 and cash, sources told ESPN's Shams Charania.

June 25

10:55 p.m. ET: The Oklahoma City Thunder have traded the No. 24 pick (Nique Clifford) in the 2025 draft to the Sacramento Kings for a 2027 protected first-round pick.

10:35 p.m. ET: 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, sources told ESPN's Shams Charania.

10:13 p.m. ET: The Washington Wizards are selecting guard Walter Clayton Jr. with the No. 18 pick in the draft and trading him to the Utah Jazz for the No. 21 pick (Will Riley) and the No. 43 pick in this year's draft, a second-round pick in 2031 and a second-round pick in 2032, sources told ESPN's Shams Charania.

9:32 p.m. ET: The Atlanta Hawks are trading the No. 13 pick (Derik Queen) in the 2025 draft to the New Orleans Pelicans for the No. 23 pick (Asa Newell) and an unprotected first-round pick in 2026 (most favorable between New Orleans' and Milwaukee's), sources told ESPN's Shams Charania.

9:23 p.m. ET: The Portland Trail Blazers are trading Cedric Coward, whom they selected with the No. 11 pick in the draft, to the Memphis Grizzlies for the No. 16 pick (Yang Hansen), a 2028 first-round pick (via the Orlando Magic) and two second-round picks, sources told ESPN's Shams Charania.

9:17 p.m. ET: The Charlotte Hornets are trading center Mark Williams to the Phoenix Suns in exchange for the No. 29 pick in the 2025 draft (Liam McNeeley), guard Vasilije Micic and a 2029 first-round pick, sources told ESPN's Shams Charania.

7:17 p.m. ET: 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, sources told ESPN's Shams Charania.

6:28 p.m. ET: The New York Knicks are planning to interview James Borrego, an assistant coach with the New Orleans Pelicans, for the franchise's head-coaching position, sources told ESPN's Shams Charania.

5:28 p.m. ET: Utah Jazz forward John Collins has exercised his $26.5 million player options for the 2025-26 season, sources told ESPN's Shams Charania.

12:13 p.m. ET: 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, sources told ESPN's Shams Charania.

10:30 a.m. ET: Several teams in the top 10 of Wednesday's NBA draft are making offers to the Boston Celtics for Jaylen Brown and Derrick White, sources told ESPN's Brian Windhorst.

June 24

9:15 p.m. ET: 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, sources told ESPN's Shams Charania.

6:50 p.m. ET: The Boston Celtics, Atlanta Hawks and Brooklyn Nets are finalizing a three-team trade that sends Kristaps Porzingis and a second-round pick to the Hawks, Terance Mann and Atlanta's No. 22 pick for 2025 to the Nets, and Georges Niang and a second-rounder to the Celtics, sources told ESPN's Shams Charania.

3:11 p.m. ET: 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 the No. 40 pick for 2025, sources told ESPN's Shams Charania.

3:04 p.m. ET: Portland Trail Blazers forward Matisse Thybulle is picking up his $11.5 million player option for the 2025-26, sources told ESPN's Shams Charania.

June 23

11:36 p.m. ET: The Boston Celtics have traded guard Jrue Holiday to the Portland Trail Blazers in exchange for Anfernee Simons and two future second-round picks, sources told ESPN's Shams Charania. The Celtics remain in trade talks with multiple players on their roster, sources said.

The deal projects to give Boston $40 million in tax savings for the 2025-2026 season and bring the team to $18 million above the second apron, per ESPN's Bobby Marks.

2:57 p.m. ET: Washington Wizards three-time NBA All-Star Khris Middleton has picked up his $33.3 million player option for the 2025-26 season, sources told ESPN's Shams Charania.

June 22

12:38 p.m. ET: 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, sources told ESPN's Shams Charania.

June 21

4:15 p.m. ET: Milwaukee Bucks guard Pat Connaughton picked up a $9.4 million player option for the 2025-26 season, sources told ESPN's Shams Charania.

June 17

10:30 a.m. ET: Kevin Durant wanted to go to the New York Knicks, Andscape's Marc Spears reported on "NBA Today," but the Knicks weren't interested.

"The Knicks have no interest in bringing him in," Spears said. "I think these three choices [the Miami Heat, San Antonio Spurs and Houston Rockets] are by default. He definitely doesn't want to go to Minnesota, but I think there is some fear from him ... they're hoping there's going to be some respect, at Kevin's age, to give him what he wants."

June 16

5:07 p.m. ET: After trading Desmond Bane to the Orlando Magic, the Memphis Grizzlies have no intention of trading Ja Morant or Jaren Jackson Jr., ESPN's Shams Charania reported on "SportsCenter."

10 a.m. ET: The Miami Heat, San Antonio Spurs and Houston Rockets have not made offers for Kevin Durant to this point that the Phoenix Suns are excited about, ESPN's Brian Windhorst said on "Get Up." The Minnesota Timberwolves, who were aggressive in trying to land Durant at the deadline, remain in the mix.

"Minnesota, from what I understand, has been the most aggressive team in these trade talks," Windhorst said, adding that the Raptors and Clippers are sleeper teams, too.

"Toronto is making the No. 9 pick in this draft, in addition to some players, available in multiple different scenarios, and I think the LA Clippers are lurking out there as well," he said. "But I would say right now if I had to put a favorite, I definitely think Minnesota is the team that's been the most aggressive."

June 15

1:30 p.m. ET: In addition to the Houston Rockets, San Antonio Spurs and Miami Heat, there remain several teams still lurking in the Kevin Durant trade landscape, ESPN's Brian Windhorst said on "SportsCenter."

"[Kawhi Leonard] had a list of teams he preferred to go to," Windhorst said of Leonard's 2018 free agency. "He had one year left on his contract, and the Toronto Raptors were willing to roll the dice as a possible rental. And once again, you don't see Toronto on Durant's list, but the Raptors are one of the teams lurking out there, who may be willing to do this without knowing that they can keep Durant on an extension, and basically potentially be a rental.

"And I think there's a couple others, including the Los Angeles Clippers, and potentially even the Minnesota Timberwolves. This is still wide open. Maybe Durant gets what he wants, maybe he has to accept something else."

11 a.m. ET: 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, sources told ESPN's Shams Charania.

June 14

2:30 p.m. ET: The Houston Rockets and Steven Adams reached an agreement on a three-year, $39 million contract extension, sources told ESPN's Shams Charania. Adams will turn 32 years old next month.

June 13

12:38 p.m. ET: Phoenix Suns forward Kevin Durant could be traded in the next "few days," per ESPN's Shams Charania on the Pat McAfee Show. Charania added that the Houston Rockets, Miami Heat and Minnesota Timberwolves have been the teams focused on a deal over the past 24 hours.

June 12

3:20 p.m. ET: The Boston Celtics are open to hearing trade offers for guards Jaylen Brown and Derrick White, per ESPN's Shams Charania. Boston would prefer to keep the pair of NBA champions but "if they get a big offer, they have to look at everything."

2:30 p.m. ET: Trade talks are beginning to heat up for Phoenix Suns forward Kevin Durant, per ESPN's Shams Charania. Some teams are "are motivated to get this deal done sooner rather than later," but the process could play out throughout the draft.

11 a.m. ET: The NBA offseason is going to "happen faster than normal," ESPN's Brian Windhorst said on First Take. A lot of action could happen near the NBA draft, rather than early free agency.

June 10

11:40 a.m. ET: The New York Knicks were denied talking to Jason Kidd about their open head coach position, ESPN's Shams Charania reported. The Knicks were also denied permission to interview Houston Rockets coach Ime Udoka and the Minnesota Timberwolves coach Chris Finch.

10:40 a.m. ET: 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," ESPN's Brian Windhorst reported on Get Up.