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Where Things Stand In NBA Free Agency

July 8th, 2025 at 9:24am CST by Luke Adams

We’re now into the second week of the NBA’s 2025/26 league year, and while free agency has been resolved for many top players, there are still a number of intriguing names who don’t yet have new contract agreements in place.

Let’s check in on where things stand for some of those players…

The restricted free agents

While they’re not the only four restricted free agents still on the board, there are four names who make up the top tier of notable unsigned RFAs, with each of them ranking among our top 10 free agents as of June 30. Those four players are Josh Giddey (Bulls), Jonathan Kuminga (Warriors), Quentin Grimes (Sixers), and Cam Thomas (Nets).

The restricted free agent market will likely play out very slowly this summer, given that there are essentially no teams (with the possible exception of Brooklyn) in position to sign any one of those players to the kind of offer sheet that would give the player’s current team pause. Here’s what we know about each of those four RFAs:

Josh Giddey (Bulls)
The expectation is that Giddey will remain in Chicago, so it’ll just be a matter of figuring out exactly what his next contract looks like. His camp is reportedly hoping to match (or, presumably, exceed) the five-year, $150MM extension that Jalen Suggs signed with Orlando last fall. Whether the Bulls are willing to go that high in terms of annual salary and/or years remains to be seen.

Jonathan Kuminga (Warriors)
The Kings, Wizards, Heat, Bulls, Bucks, and Nets were among the teams said last week to have expressed varying level of interest in a sign-and-trade deal for Kuminga. However, some of those teams have since made moves that will make Kuminga a less appealing – or practical – fit.

Sacramento has reportedly been the most aggressive suitor for Kuminga so far, having “floated” the idea a package that included 2024 first-rounder Devin Carter and two second-round picks.

But with no deal imminent, the expectation is that the 22-year-old and his camp will meet at the Las Vegas Summer League with interested teams, including the Warriors. A return to Golden State remains very much in play despite Kuminga’s up-and-down tenure in Golden State so far.

Quentin Grimes (Sixers)
The Sixers remain very confident that they’ll re-sign Grimes sooner or later and have “splashed cold water” on possible sign-and-trade scenarios, league sources tell Tony Jones of The Athletic. As with Giddey, it seems like the main question with Grimes isn’t where he’ll end up, but what his new contract with his current team will look like.

Cam Thomas (Nets)
We’ve heard very little since free agency opened about Thomas. In a Bleacher Report stream last Thursday (YouTube link), NBA insider Jake Fischer said the Nets guard “does not really have a market, to my understanding.”

Brooklyn is the only team in the league operating below the minimum salary floor, so it’s not as if the Nets are going to be outbid by a rival suitor — it certainly seems as if the only way Thomas ends up on a new team this offseason is if Brooklyn doesn’t want to bring him back.

The veteran unrestricted free agents

The next four highest-ranked unsigned players from our top-50 list after those four restricted free agents are long-tenured veterans. Here’s what we know about those players:

Chris Paul
The Clippers, Suns, and Bucks have been the teams most frequently linked to Paul in recent days. Milwaukee probably offers the best path to a starting role, which is something that’s reportedly important to the longtime NBA point guard, but he also wants to be close to his family in Los Angeles, which could give an edge to those two Western Conference teams.

Russell Westbrook
Another L.A. native who would reportedly like to play closer to home, Westbrook was said to be drawing legitimate interest from the Kings, but that was when it looked like Sacramento was going to trade Malik Monk. If that doesn’t happen, there may not be a spot on the Kings’ backcourt (or on the team’s cap) for Westbrook.

Al Horford
While Horford has been linked to several teams in the last week or two, the one constant has been the Warriors, who continue to look like the frontrunner to land the big man if he doesn’t retire. Adam Himmelsbach of The Boston Globe (Twitter link) reported on Monday that Horford continued to mull his options, with no deal imminent.

I suspect Golden State wants to resolve its Kuminga situation before officially committing its taxpayer mid-level exception to Horford, since doing so would hard-cap the team at the second tax apron and potentially complicate its ability to match an aggressive offer sheet for Kuminga.

Malcolm Brogdon
Reporting on Monday indicated that the Clippers, Suns, Lakers, Warriors, Timberwolves, Bucks, Pelicans, and Kings have all conveyed at least some level of interest in Brogdon. With some other higher-profile guards still out there, Brogdon may be the Plan B for some teams, which would mean he’d have to wait for some of those other players to commit before his options really crystalize.

The two veteran guards who aren’t yet free agents

Damian Lillard is currently on waivers and Bradley Beal is still working on a buyout with the Suns, but the expectation is that both players will reach unrestricted free agency pretty soon.

Lillard is a bit of a wild card, since he’s likely to miss the 2025/26 season due to an Achilles tear. He hasn’t ruled out the possibility of signing with a team sooner rather than later, and there will certainly be no shortage of clubs who would welcome the opportunity to help him with his rehab process and get a leg up on retaining him for ’26/27. But he’s not the type of player who will help a team win in the short term.

Beal, on the other hand, is coming off a pretty solid offensive season and would become a much more valuable investment if he’s on a contract that’s closer to his minimum salary than his maximum. The Clippers, Lakers, Bucks, Timberwolves, and Warriors are among the teams believed to have interest in signing Beal.

With many of those clubs also eyeing Paul, Brogdon, or other guards, Beal may be the first domino to fall — if and when he finds a new team, the ones that miss out can shift their focus elsewhere in earnest. The Clippers are rumored to the favorites for Beal, per Kurt Helin of NBC Sports.

The trades that aren’t yet official

As our full breakdown of this offseason’s trades shows, there are only two agreed-upon deals that aren’t yet official: Denver’s acquisition of Cameron Johnson from the Nets, plus the Jonas Valanciunas/Dario Saric swap between the Nuggets and Kings.

There has been speculation that the Nuggets will combine both of those agreements into a single transaction to avoid creating a hard cap at the first tax apron. At the very least, as NBA insider Marc Stein tweets, Denver needs to get the Johnson/Michael Porter Jr. trade done before the deal with the Kings in order to be able to get below the first apron. That will allow the Nuggets to take back more salary than they send out for Saric.

The Nets may be thoroughly exploring scenarios for how to take full advantage of their current cap room before they finalize that trade with the Nuggets, since it will cut into their space significantly — swapping Johnson for Porter will use up $17MM+ of their room.

The delay on these deals is not an indication that the Valanciunas/Saric deal won’t eventually be finalized. Multiple reports have indicated it remains on track, despite Valanciunas’ reported desire to get out of his NBA contract and sign with the Greek team Panathinaikos. Multiple reports, including another one from Stein on Monday night (Twitter link), have also indicated that the Nuggets have told the veteran center they intend to keep him and want him to honor his contract.

For what it’s worth, a report from SDNA in Greece indicates that Panathinaikos was assured by Valanciunas’ representation that the Nuggets would let him out of his NBA deal and was surprised to find out that Denver hadn’t signed off on that plan at all.

Although those two Denver deals are the only ones we know about that aren’t official, that doesn’t mean there won’t be more trades still to come — the Clippers, Heat, and Jazz, for instance, agreed to a three-team trade on Monday and finalized it later in the day. It’s possible that more deals could be around the corner as teams and executives congregate for Summer League action.

Contract Details: Turner, Robinson, Mitchell, NAW, Kyrie, Jones

July 8th, 2025 at 6:53am CST by Luke Adams

Myles Turner‘s new four-year contract with the Bucks came in a little higher than expected, as cap expert Yossi Gozlan notes (via Twitter).

Using the cap room left over after waiving and Damian Lillard and buying out Vasilije Micic (via the stretch provision), Milwaukee was able to give Turner a starting salary of $25,318,251. With annual 5% raises, his deal is worth a total of approximately $108.87MM. As previously reported, the contract also includes a fourth-year player option and a 15% trade kicker.

Here are a few more details on contracts officially signed around the NBA in recent days:

Using Simone Fontecchio‘s outgoing salary ($8,307,692) and the expanded traded player exception ($8,527,000), the Pistons were able to take back a maximum of $16,834,692 in incoming salary. Not coincidentally, that’s exactly the starting salary that Duncan Robinson got on his new deal with Detroit via sign-and-trade (Twitter link via Gozlan). Robinson’s three-year deal has a declining structure and offers few guarantees after the first year — just $2MM of his $15.99MM salary in 2026/27 is guaranteed, and his entire $15.15MM salary for ’27/28 is non-guaranteed.
Ajay Mitchell‘s new three-year deal with the Thunder came in a little lower than expected, at $8.7MM, tweets Michael Scotto of HoopsHype. It includes a fully guaranteed $3MM salary for 2025/26, replacing the team option Oklahoma City turned down that was worth the same amount. His $2.85MM salary for ’26/27 is partially guaranteed for $1.5MM, while ’27/28 is a $2.85MM team option.
Reported to be worth $62MM over four years, Nickeil Alexander-Walker‘s new contract with the Hawks came in at $60,647,200, Hoops Rumors has confirmed. It includes a fourth-year player option and a 7.5% trade kicker. It also declines in year two (from $15,161,800 to $14,403,710) before ascending again in year three ($15,161,800) and four ($15,919,890).
The three-year deal between Kyrie Irving and the Mavericks is worth $118,473,846, with a third-year player option and a 15% trade kicker, Hoops Rumors has confirmed. It starts at $36,566,002, with annual 8% raises.
Tre Jones‘ three-year, $24MM contract with the Bulls has a flat structure, with annual cap hits of $8MM, and a third-year team option, Hoops Rumors has confirmed.

Bucks Push Back Guarantee Date On Andre Jackson’s Contract

July 7th, 2025 at 9:40pm CST by Dana Gauruder

The Bucks and guard Andre Jackson Jr. have agreed to push back the guarantee date on Jackson’s contract for the 2025/26 season, Eric Nehm of The Athletic reports.

Milwaukee previously had until Monday to make that decision. Jackson got a de facto bonus for agreeing to move back the date — a portion of his $2,221,677 salary is now guaranteed, per Nehm. The new guarantee date and the amount of Jackson’s partial guarantee have not yet been disclosed.

The Bucks benefit by gaining more flexibility as they attempt to fill out the rest of their roster.

It would be somewhat surprising if Milwaukee let Jackson go. The 2023 second-round selection out of UConn appeared in 67 games last season, including 43 starts. He didn’t shoot much — 2.9 attempts per game — and made 47.7 percent of his attempts while averaging 3.4 points, 2.7 rebounds and 1.2 assists in 14.6 minutes per game.

Jackson is capable at backing up at both guard spots and small forward. He’s signed through the 2026/27 season with the final year of the deal including a club option.

Bucks Officially Stretch Lillard, Buy Out Micic

July 7th, 2025 at 6:56pm CST by Luke Adams

6:56 pm: Micic gave up $6.1MM in his buyout agreement with the Bucks, who stretching his remaining $2MM across three seasons for annual cap hits of $667K, reports Eric Nehm of The Athletic.

5:09 pm: The Bucks have officially waived point guards Damian Lillard and Vasilije Micic, according to the transaction log at NBA.com. Both moves had been anticipated as Milwaukee looked to clear the cap space necessary to sign free agent center Myles Turner to a four-year, $107MM contract.

Reports last Tuesday indicated that Lillard would have his remaining $112.6MM salary spread across five seasons instead of two using the stretch provision in order to create immediate cap relief for Milwaukee.

Lillard is expected to miss most or all of the 2025/26 season while he recovers from the torn Achilles he suffered during the first round of the playoffs in April. The nine-time All-Star has reportedly drawn interest already from many teams around the NBA, but hasn’t yet decided whether he’ll sign a new contract this offseason and is said to be in no rush to make that decision.

As for Micic, the expectation after he was acquired from Charlotte in exchange for Pat Connaughton and a pair of second-round picks was that he would agree to reduce his $8.1MM cap hit in order to become a free agent and generate a little extra cap space for the Bucks. According to Michael Scotto of HoopsHype (Twitter link), the two sides did reach an agreement on a buyout, though it’s unclear at this point how much of his salary Micic gave up.

Micic has played a pretty limited role in the NBA during the past couple seasons after starring in Europe for most of his career. In 101 total games for Oklahoma City, Charlotte, and Phoenix, he averaged 6.8 points and 3.9 assists in 19.4 minutes per contest.

Rumors in recent months have linked Micic to multiple EuroLeague teams — while it’s not clear exactly which one he’ll end up with, it seems likely that the 31-year-old Serbian will head back overseas to resume his playing career.

It appears both Lillard and Micic were technically placed on waivers on Sunday evening, as the NBA’s transaction log lists Turner’s deal as having gotten done last night. Still, if those cuts occurred after 4:00 pm Central time, neither player will officially clear waivers until Wednesday.

Free Agent Rumors: Guards, Kuminga, Pacers, Hayes

July 7th, 2025 at 1:20pm CST by Luke Adams

An expectation that Bradley Beal will soon become an unrestricted free agent is affecting the markets for free agent guards Chris Paul, Russell Westbrook, and Malcolm Brogdon, who are drawing interest from many of the same teams, writes Jake Fischer of The Stein Line (Substack link).

According to Fischer, the Clippers, Lakers, Bucks, and Timberwolves are among the teams expected to have interest in signing Beal if and when he finalizes a buyout agreement with the Suns, which seems increasingly likely. A previous report also identified the Warriors as a possible suitor for Beal, with the Heat viewed as less likely after their trade for Norman Powell.

The Clippers and Bucks are known to have interest in Paul, Fischer points out, so if Beal ends up with one of those teams, it would likely rule that club out for CP3, perhaps increasing the odds of the 40-year-old reuniting with the Suns.

As for Brogdon, he has the Clippers, Suns, Lakers, Warriors, Timberwolves, and Bucks are also among the teams that have registered some level of interest in him, along with the Pelicans and Kings, Fischer reports.

Free agents like De’Anthony Melton and Ben Simmons may also find themselves involved in this game of backcourt musical chairs, according to Fischer, who suggests that their potential landing spots should become more clearer once one or two of those top guards – starting with Beal – finds a new home.

Here are a few more notes on free agents from around the NBA:

There was no traction on the Jonathan Kuminga front over the weekend, sources tell Anthony Slater of The Athletic (Twitter link). According to Slater, the Kings have been the most aggressive suitor for the Warriors restricted free agent so far, but nothing has come close. In fact, the market for all of the top restricted free agents remains “ice cold,” Slater adds.
The Pacers are expected to reunite with a pair of familiar faces to fill out their frontcourt. Speaking to reporters today, president of basketball operations Kevin Pritchard said the club is planning to re-sign James Wiseman and that things are trending in the right direction with restricted free agent Isaiah Jackson (Twitter links via Tony East).
Veteran center Jaxson Hayes gave up his right to veto a trade this season when he re-signed with the Lakers, reports Dan Woike of The Athletic (Twitter link). By default, a player re-signing with his previous team on a one-year contract gets a de facto no-trade clause, but a team can ask a player to waive that right as part of his new deal.

Ryan Rollins Returns To Bucks On Three-Year Deal

July 6th, 2025 at 9:24pm CST by Luke Adams

July 8: The Bucks’ deal with Rollins is now official, per a press release.

July 6: Free agent guard Ryan Rollins is returning to the Bucks, according to Shams Charania of ESPN (Twitter link), who reports that the two sides have agreed to a three-year deal worth $12MM. The agreement will include a third-year player option, Charania adds.

The 44th overall pick in the 2022 draft, Rollins had only appeared in 25 NBA regular season games across two seasons with Golden State, Washington, and Milwaukee entering the 2024/25 season. However, after opening the year on a two-way contract with the Bucks, he emerged as a reliable part of the rotation and earned a promotion to the standard roster in March.

In 56 games (19 starts) last season for Milwaukee, Rollins averaged 6.2 points, 1.9 assists, and 1.9 rebounds in 14.6 minutes per game, along with a shooting line of .487/.408/.800. He played significant minutes during the season’s final weeks while Damian Lillard was sidelined due to a blood clot in his calf.

Milwaukee initially tendered Rollins a qualifying offer to make him a restricted free agent before withdrawing it early in the week, making him unrestricted. Even after rescinding that QO, the Bucks were able to hang onto the 23-year-old’s Early Bird rights, which will allow them to go over the cap to re-sign him after they use up all their room.

While the 2025/26 Bucks will be without Lillard – who tore his Achilles in April and is being waived to create cap room to sign Myles Turner – they’ve now struck deals to bring back both of their free agent point guards, Rollins and Kevin Porter Jr.

Rollins is the sixth of the Bucks’ own free agents that has reached an agreement to re-sign with the club, joining Porter, Bobby Portis, Taurean Prince, Gary Trent Jr., and Jericho Sims.

Resolution On Bradley Beal Expected Soon

July 6th, 2025 at 1:47pm CST by Alex Kirschenbaum

The Suns‘ Bradley Beal era may be nearing an end. John Gambadoro of Arizona Sports 98.7 FM in Phoenix (Twitter link) anticipates the two sides will come to a “decision and resolution” on Beal’s future within the next 24-48 hours.

Phoenix has been reportedly been discussing a buyout with the former three-time All-Star guard. The Heat and Bucks are rumored to have interest if the 6’4″ vet does indeed become a free agent.

Beal is still under contract for two more years at an exorbitant sticker price of $110.8MM and has a prohibitive no-trade clause in his deal, which has given him major leverage in dictating his fate. The Suns made him available prior to the trade deadline and did so again this offseason, but have had no luck finding a suitable deal.

Beal hasn’t appeared in more than 60 games across any of the past six seasons, missing an average of 26.5 contests a year in that span. When healthy, he’s a solid scorer, although he struggled to mesh with All-Stars Kevin Durant and Devin Booker during his time in Phoenix.

As a member of the 36-46 Suns in 2024/25, Beal appeared in just 53 contests but averaged 17.0 points, 3.7 assists, 3.3 rebounds, and 1.1 steals per contest, with a strong shooting line of .497/.386/.803. Former head coach Mike Budenholzer tinkered with Beal’s place in his rotation, moving him back and forth between the starting lineup and a reserve role.

Resolution on Beal’s situation doesn’t necessarily mean he’ll be waived, though it seems like the most probable outcome. He must agree to give up at least $13.8MM in a buyout for the Suns to be permitted to stretch his remaining salary across five seasons, as we detailed earlier this week. That scenario would create huge cap flexibility and tax savings for Phoenix this season, allowing the club to move from above the second tax apron to below the luxury tax line.

The Suns could also waive Beal and carry his remaining salary on their books for the next two seasons, without stretching it. The other alternative would be to reach a decision to have him start the season on the roster.

If Beal reaches free agency, the Bucks may be more motivated than the Heat to make another splashy signing this summer, Barry Jackson of The Miami Herald suggests (Twitter link).

Milwaukee has been extremely aggressive in its efforts to build a contender around two-time MVP Giannis Antetokounmpo in the wake of a devastating Achilles tendon tear injury to his All-Star running mate Damian Lillard. The Bucks ultimately opted to stretch-and-waive Lillard’s contract in order to sign ex-Pacers center Myles Turner to a lucrative free agent deal, but the team still could use some veteran leadership in the backcourt.

Stein’s Latest: Valanciunas, Horford, Ham, Suns, Reid, More

July 6th, 2025 at 12:04pm CST by Rory Maher

After reporting on Saturday that the Nuggets plan to go through with their trade for Jonas Valanciunas despite the veteran center’s interest in signing with EuroLeague club Panathinaikos, Marc Stein of The Stein Line reiterates in his latest Substack post that Denver’s front office is “determined to enforce” Valanciunas’ contract and “optimistic” the Lithuanian big man will be a Nugget in 2025/26.

As Stein explains, even if Valanciunas agreed to give back his entire $10.4MM salary for next season in a buyout, which would give the Nuggets enough cap space below the luxury tax line to use the full mid-level exception, Denver still wouldn’t have an easy way to find another backup center, with most of the top free agents already off the board.

Having access to the full MLE would theoretically give the Nuggets the ability to offer a lucrative contract to Al Horford, who is still a free agent, but Stein continues to hear the 39-year-old big man is “destined” to sign with the Warriors, who can currently only offer him the taxpayer version of the MLE.

Valanciunas doesn’t have the ability to unilaterally terminate his contract, and the Nuggets don’t have to accept a buyout even if he did forfeit his entire salary, Stein notes. One source Stein spoke to said a resolution remains uncertain but acknowledged that Valanciunas might have to remain with Denver despite his apparent desire to return to Europe.

Here’s more from Stein:

The Suns and Knicks are both looking for a top assistant coach and have expressed interest in trying to lure Darvin Ham away from the Bucks, per Stein. However, Milwaukee is “determined to keep” Ham unless he gets the chance to become a head coach again elsewhere. Stein points out that joining Phoenix or New York would be a lateral move for Ham, since he’s already the Bucks’ top assistant, and says Milwaukee “loves having Ham back” after his two-year stint as the Lakers’ top coach.
The Grizzlies are another team in search of a No. 1 assistant under new head coach Tuomas Iisalo, Stein adds.
Before trading for Mark Williams and drafting Khaman Maluach, the Suns tried to pursue a sign-and-trade with the Timberwolves for Naz Reid, according to Stein, who writes that Reid’s new five-year, $125MM contract with Minnesota is believed to have played a factor in Myles Turner‘s decision to leave the Pacers for the Bucks in free agency. Indiana reportedly never offered Turner a deal as lucrative as Reid received from the Wolves.

Joe Prunty May Leave Milwaukee For Orlando

July 5th, 2025 at 10:59pm CST by Arthur Hill

Bucks assistant Joe Prunty is set to join the Magic‘s coaching staff, sources tell Marc Stein of The Stein Line (Twitter link). Prunty began his coaching career in 1996 and has spent time as an interim head coach in Atlanta and Milwaukee.

Free Agency Notes: Yabusele, Knicks, Kings, Beasley, Turner

July 5th, 2025 at 2:55pm CST by Luke Adams

Guerschon Yabusele‘s two-year deal with the Knicks won’t use the full taxpayer mid-level exception, according to Stefan Bondy of The New York Post (Twitter link).

Yabusele’s slight discount will give New York the ability to fill out its 13th and 14th roster spots with one veteran-minimum contract and one rookie-minimum contract for one of the team’s (current or past) second-round picks while remaining below the team’s hard cap at the second tax apron.

[RELATED: NBA Minimum Salaries For 2025/26]

If Yabusele had received the full taxpayer mid-level, the Knicks would have been roughly $3.53MM below the second apron, so they could have signed one veteran-minimum player ($2.3MM) or one rookie-minimum player ($1.27MM), but not both until after the regular season began.

According to Bondy (Twitter link), Yabusele’s deal with the Knicks should still comfortably exceed the salary the Sixers offered him. Bondy says that Philadelphia’s offer – which Yabusele referred to as “really low” – as being worth the “$2.6MM minimum,” but the Frenchman’s minimum salary this season would actually be $2.4MM, so it’s possible Philadelphia went a little above that amount using his Non-Bird rights.

The 76ers likely didn’t want to hard-cap themselves by using any portion of their taxpayer mid-level exception before Quentin Grimes‘ restricted free agency is resolved.

Here are a few more notes and rumors related to free agency:

Reporting out of Sacramento earlier this week seemed to suggest the Kings were aggressively pursuing Warriors restricted free agent Jonathan Kuminga, but subsequent reports have suggested nothing is close on that front. According to Matt George of ABC 10 in Sacramento (Twitter link), while the Kings still have interest in Kuminga, they’d be content to complete their Dennis Schröder acquisition and Jonas Valanciunas and then bring that roster into next season. That roster would include both Malik Monk and Devin Carter, who have both been the subject of trade rumors.
While news of the federal investigation into Malik Beasley for gambling allegations didn’t go public until June 29, the NBA reached out to the Pistons “several” days before free agency opened to let the club know about it, per Mike Vorkunov, Jon Krawczynski, and James L. Edwards III of The Athletic. The two sides had been in talks on a three-year, $42MM contract that would’ve included a third-year team option, but it now seems unlikely that any team would move forward on a deal with Beasley until that investigation is resolved (assuming he’s cleared).
The Bucks‘ four-year, $107MM agreement with Myles Turner has been the most surprising deal of free agency so far. Eric Nehm of The Athletic takes a closer look at just what it means for Milwaukee, breaking down Turner’s fit with the team at both ends of the court. While Turner has a similar skill set to former starting center Brook Lopez, the former Pacer is younger, more athletic, and more mobile, which should allow him to make a greater impact than Lopez as a screener and defender, Nehm writes.