Contract Details: KPJ, J. Smith, Wiseman, Schröder, Stevens
Despite the fact that the Bucks used their room exception to complete the signing, guard Kevin Porter Jr. received the exact value of the bi-annual exception on his new two-year deal, Hoops Rumors has confirmed. The first year is worth $5,134,000, with a second-year player option worth $5,390,700. The move leaves roughly $3.65MM on Milwaukee’s room exception.
A player who re-signs with his previous team on either a one-year contract or a two-year deal with a second-year option is typically awarded the right to veto a trade for the rest of that season. However, Porter is one of a few players, along with Lakers big man Jaxson Hayes, who have waived that right as part of their new deals.
Sixers guard Eric Gordon and Raptors wing Garrett Temple have also given up that right to veto a trade, Hoops Rumors has confirmed.
We have more details on some of the recently signed contracts from around the league:
- Jabari Smith Jr.‘s five-year, $122MM rookie scale extension with the Rockets declines in the second season before increasing in each of the final three years, notes Mike Vorkunov of The Athletic. That dip in 2027/28 comes during the season in which an extension for Amen Thompson figures to be hitting Houston’s books — it could also be the final year of Kevin Durant‘s contract, if he signs a two-year extension with the team at some point.
- James Wiseman‘s new two-year, minimum-salary contract with the Pacers, which features a second-year team option, is partially guaranteed for $1MM in 2025/26, Hoops Rumors has learned. If Wiseman’s option for ’26/27 is exercised, that year’s salary would be partially guaranteed for roughly $1.13MM.
- Dennis Schröder‘s three-year deal with the Kings, which is worth exactly the three-year value of the mid-level exception ($44,427,600), is partially guaranteed for $4.35MM in the third year, tweets Michael Scotto of HoopsHype. Although the contract fits into the MLE, Sacramento is believed to have used an existing trade exception to accommodate the acquisition of Schröder.
- Isaiah Stevens‘ two-way contract agreement with the Kings will cover two years, according to Scotto (Twitter link).
Where Things Stand In NBA Free Agency
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.
Kyle Lowry Remains With Sixers On One-Year Deal
4:48 pm: Lowry’s new deal is now official, according to a press release from the Sixers.
“Kyle’s championship experience and Hall-of-Fame resume speaks for itself. He is a proven floor general with tremendous knowledge of the game that is a resource to everyone in the organization,” president of basketball operations Daryl Morey said in a statement. “It’s only fitting that his 20th NBA season will be right here in Philadelphia, the city he calls home.”
4:20 pm: Free agent guard Kyle Lowry has agreed to a one-year deal to return to the Sixers, ESPN’s Shams Charania tweets.
The Philadelphia Inquirer’s Keith Pompey predicted last month that Lowry would sign another contract with the team since the Sixers value the Philadelphia native for his leadership and mentorship of young guards like Tyrese Maxey and Jared McCain.
Lowry, 39, played on the veteran’s minimum last season and figures to do so again. He only appeared in 35 games last season, including 12 starts, averaging 3.9 points and 2.7 assists in 18.8 minutes per game.
Not too long ago, Lowry was once one of the highest-paid guards in the game. His NBA career dates back to 2006, when he was a late first-round pick with Memphis. He’s a six-time All-Star and won a championship with Toronto in 2019.
He only projects as an insurance policy for next year’s Sixers team with Maxey, McCain and first-round pick VJ Edgecombe likely ahead of him on the depth chart.
He’ll become the 12th player in NBA history to play 20-plus seasons and the second point guard to do so, Josh Lewenberg of TSN Sports tweets, joining Chris Paul.
Atlantic Notes: Lillard, Yabusele, Whitehead, Hetzel
Damian Lillard has a big decision ahead of him after unexpectedly finding himself on the free agent market while recovering from a ruptured Achilles. One of the teams that the soon-to-be 35-year-old is reportedly considering is the Celtics, who, like Lillard, find themselves in a surprisingly uncertain position for next season.
According to Ashish Mathur of Dallas Hoops Journal, Lillard’s time with Team USA could prove an important piece of his search for a new squad. Lillard and Celtics’ star Jayson Tatum, who is also recovering from a torn Achilles, grew close when they played together for the 2020 Olympic team.
Signing with the Celtics would give Tatum a companion in his rehabilitation process, while setting the team up for a deep 2026/27 playoff run once its star wing recovers. Given the team’s efforts to shed salary this summer, Lillard could represent a lower-cost acquisition with major playoff upside, depending on how he recovers from the injury.
We have more notes from around the Atlantic division:
- The Sixers let reserve Guerschon Yabusele go to the Knicks this summer, reportedly declining to offer a competitive contract to the French forward who played a key bench role last season. According to Keith Pompey of The Inquirer, this isn’t the first time the Sixers have declined to retain players considered to be important bench pieces. He points to Philadelphia allowing Jalen McDaniels and Georges Niang to walk in the summer of 2023, which was viewed as a mistake by fans at the time, but ultimately proved to be the correct move. President Daryl Morey is not known as overly sentimental when it comes to role players, but Pompey questions whether that approach might prove to be a mistake this time, especially with the uncertain health of Joel Embiid.
- Dariq Whitehead is not suiting up for the Nets at Summer League this year. Brian Lewis of the New York Post expressed surprise (via Twitter) about that decision, considering the difficulty Whitehead has had trying to bounce back from the injuries that have impeded his development over the last few years. Whitehead has only played 22 games with the Nets in his first two seasons, averaging 5.7 points and 1.5 rebounds while shooting 44.6% from three last season.
- The Nets‘ Summer League team will be coached by assistant coach Steve Hetzel, Lewis reports (via Twitter). This will be Hetzel’s second season as an assistant with the Nets, following a three-year stint as an assistant coach with Portland.
Atlantic Notes: Bona, Grimes, Lillard, Knicks
Adem Bona was one of the few bright spots in a disastrous year for the Sixers, and the rookie center is eager to get an early start on next season tonight in the Salt Lake City Summer League, writes Keith Pompey of The Philadelphia Inquirer. Injuries to Joel Embiid, Andre Drummond and others created unexpected playing time for Bona, who appeared in 58 games, including 11 starts, while averaging 5.8 points and 4.2 rebounds per night.
“I’m going into my sophomore year,” he said. “You can only go up from here, like learning from mistakes and stuff like that. Yeah, I’m really excited to see what this upcoming year has to hold for the team and also being a part of it.”
Tonight’s game against the host Jazz features a matchup of top-five picks VJ Edgecombe, whom the Sixers took at No. 3, and Ace Bailey, who fell out of favor in Philadelphia after he canceled a scheduled workout in hopes of being selected by another team. Sixers fans will also get their first look at Auburn big man Johni Broome, a national Player of the Year candidate who was selected in the second round.
“I feel like our skill sets complement each other,” Bona said. “Me and Johni, we cannot wait to be able to share the floor together, to be about to operate on the low block together, high low, sometimes space the floor. So I think that’s the goal, to work together, to be able to learn each other’s strengths and weaknesses and try to complement each other while we’re on the floor, and my goal is always to be able to help the team, even if I share the floor with Joel. I’m going to do my part.”
There’s more from the Atlantic Division:
- There has been “little to no movement” so far regarding restricted free agent guard Quentin Grimes and the Sixers, sources tell Kelly Iko and Tony Jones of The Athletic (Twitter link). Iko adds that the two sides “are hoping to continue communications” in the next few days. Grimes reportedly wants to average $25MM per season in his next contract.
- Signing Damian Lillard could help the Celtics return to title contention in 2026/27, states Gary Washburn of The Boston Globe. A source tells Washburn that Boston is among the cities Lillard would consider and the team has interest in the high-scoring guard, who may not play this season due to a torn Achilles. Washburn recalls that Lillard didn’t want to join the Celtics when trade rumors began to surface a few years ago, but he has since developed a friendship with Jayson Tatum. Boston has the $5.7MM taxpayer midlevel exception to offer.
- Steve Popper of Newsday doesn’t believe the Knicks should get involved if the Lakers decide to trade LeBron James. Popper contends it would be a mistake to part with Karl-Anthony Towns or multiple rotation players to match James’ $52.6MM salary, adding that the team should preserve its resources in case Giannis Antetokounmpo becomes available.
Free Agency Notes: Yabusele, Knicks, Kings, Beasley, Turner
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.
Sixers Sign Jabari Walker To Two-Way Deal
July 5: The Sixers have officially signed Walker to a two-way contract, the team announced today in a press release.
July 3: Free agent forward Jabari Walker has agreed to sign a two-way contract with the Sixers, reports Shams Charania of ESPN (Twitter link).
The son of former NBA forward Samaki Walker and the 57th overall pick in the 2022 draft out of Colorado, Jabari Walker has spent his first three professional NBA seasons with the Trail Blazers. He played a significant role for the team in 2023/24, averaging 8.9 points and 7.1 rebounds in 23.6 minutes per game across 72 total outings (23 starts).
Walker’s minutes were cut back in ’24/25 following the arrival of Deni Avdija and the emergence of Toumani Camara, but he was a positive contributor in a more limited role, setting career highs in field goal percentage (51.5%) and three-point percentage (38.9%) as he averaged 5.2 PPG and 3.5 RPG in 60 contests (12.5 MPG).
The Blazers had the opportunity to make Walker a restricted free agent by issuing him a $2.58MM qualifying offer over the weekend, but chose not to do so, allowing him to become unrestricted.
Given his age (23 later this month) and experience as a rotation player, I’m a little surprised Walker will end up on a two-way contract, but it’s a nice get for the Sixers, who have made it a priority to get younger this summer. On his two-way deal, the 6’7″ forward will be eligible to be active for up to 50 NBA regular season games. Exceeding that limit – and playing in the postseason – would require a promotion to the standard roster.
Walker will fill Philadelphia’s third and final two-way slot, joining Alex Reese and Hunter Sallis.
Guerschon Yabusele Talks Knicks Deal, Sixers’ Offer
The Knicks didn’t have a lot of financial flexibility coming into the 2025 offseason but will still manage to come away with a pair of players who figure to play rotation minutes in Jordan Clarkson and Guerschon Yabusele.
Yabusele had been linked to the Nuggets, Spurs, and Bucks before ultimately agreeing to a two-year, $11.7MM deal with New York. Speaking during an interview with SKWEEK TV about his decision-making process, Yabusele said part of the appeal came from what he saw when he faced the Knicks last season as a member of the Sixers.
“It’s a couple of teams that we play against, and I was looking at them, like, ‘Oh my God, this team plays good together. They’re a good team. I can tell it’s a good group of guys, there’s no bad guys, there’s no problems,'” Yabusele said (Twitter video link). “And I was looking at them like, ‘Oh my God, this could be like a good chance and opportunity to play there.'”
Beyond the cohesiveness, Yabusele spoke about feeling that the fit was the right one.
“I feel like their team, it really [matches] my DNA, I would say, to fight, to play hard, to be the underdogs, to go and fight every night,” he added.
Yabusele came to Philadelphia last season after spending the previous five years in Europe. Playing for the injury-riddled Sixers, he averaged 11.0 points, 5.6 rebounds, and 2.1 assists per game while making 50.1% of his shots from the field (38.0% of his three-pointers) and starting 43 of his 70 outings.
The 6’8″ forward proved to be a bright spot in an otherwise disappointing season and was open to returning to the 76ers. However, he revealed in his SKWEEK TV interview that the offer he received from Philadelphia wasn’t as competitive as what he might have expected.
“I didn’t really have any issues over there… I was like, ‘Okay, if they want to re-sign me, and then they give me something good, I will come back for sure. And if they want me to leave, then I will leave,'” Yabusele said (Twitter video link). “But they almost didn’t make, really, like an offer. They did, but it was really, really, low, to be really transparent… so I feel like, ‘Oh my god, you guys don’t really want me to stay.'”
The Sixers, who only held Non-Bird rights on Yabusele, could theoretically have dipped into their mid-level exception like New York did to make him an offer. However, their ability to re-sign the Frenchman was impacted by their negotiations with restricted free agent Quentin Grimes — if Grimes gets a significant raise, Philadelphia’s team salary could be in second-apron territory, compromising their ability to use any portion of that MLE.
Despite what he considered to be a low-ball offer, Yabusele emphasized his gratitude to the Sixers for giving him his second chance at playing in the NBA.
“I will always be thankful to be able to be part of their franchise,” he said. “Me and my family [are] really happy about everything they did for us.”
Yabusele will now go to a Knicks team with a new head coach and championship aspirations, where his versatile offensive game should complement New York’s incumbent big men.
Trendon Watford Joins Sixers On Two-Year Deal
July 2: Watford’s two-year, minimum-salary deal is official, per a press release from the Sixers.
“Trendon is a young, dynamic player with a unique skill set who fits nicely with what we’re trying to accomplish on both sides of the ball,” president of basketball operations Daryl Morey said in a statement. “His size and versatility allow him to guard multiple positions, while his handle and passing showcase his play-making ability. He is a valued addition to our roster and I’m excited to welcome him to Philadelphia.”
Watford’s new contract includes a team option on year two, reports Michael Scotto of HoopsHype (Twitter link).
June 30: Trendon Watford is leaving the Nets and joining another Atlantic Division team, the Sixers, on a two-year deal worth $5.3MM, ESPN’s Shams Charania tweets.
That figures to be a minimum-salary contract for Watford — a two-year, veteran’s minimum deal for a player with his four years of experience will come in at $5.26MM.
Watford played two seasons in Portland, then joined the Nets after the Trail Blazers waived him prior to the 2023/24 season. He has appeared in a combined 107 games with Brooklyn over the past two years.
This past season, Watford averaged a career-high best 10.2 points, 3.6 rebounds and 2.6 assists in 20.8 minutes per game. He missed six weeks action due to a hamstring injury.
Watford could see rotation minutes at power forward with the Sixers, depending on how their roster shakes out this offseason. If he can carve out a role, Watford’s contract could rank as a big bargain.
Eric Gordon Re-Signs With Sixers On One-Year Deal
The Sixers have officially re-signed veteran guard Eric Gordon, according to team press release. It’s a one-year, veteran’s minimum deal worth $3.6MM, Sixers beat reporter Derek Bodner tweets.
Gordon declined his $3.47MM option in order to become a free agent but there was reported interest in a reunion and it has come to fruition.
Turning down that option and re-signing on a one-year, minimum-salary deal is a win-win for Gordon and the Sixers. He’ll earn a slightly higher minimum salary ($3.63MM) by inking a new contract, and because the deal just covers one year, the NBA will reimburse the team for a portion of that salary, meaning Philadelphia’s cap hit will be just $2.3MM.
Gordon, who turns 37 on Christmas Day, is coming off an injury-marred season. He posted career-low averages of 6.8 points and 19.7 minutes per game, though he shot it well from three-point land (40.9%). He only appeared in 39 games before undergoing season-ending arthroscopic right wrist surgery on Feb. 26.
Gordon has appeared in 925 regular season games during his career, which began in 2008 with the Clippers. He’s averaged 15.3 points during his career and never averaged fewer than 11 points per game until this past season.
Minimum-salary contracts are among the types of deals that can be officially completed during the July moratorium, which is why the 76ers were able to formally announce Gordon’s new contract.