Kari Anderson
NBA free agency tracker: Live updates, news as LeBron James returns to Lakers; Klay Thompson picks Dallas; Paul George chooses 76ers
NBA free agency is in full swing and another major domino has fallen. Saturday saw one of the top remaining free agents, Chicago Bulls star DeMar DeRozan agree to a three-year, $74 million deal with the Sacramento Kings.
Meanwhile, a number of deals went official, including Paul George's pact with the Philadelphia 76ers and Klay Thompson's sign-and-trade with the Dallas Mavericks, which wound up being more complicated than anyone expected.
Meanwhile, LeBron James ended up taking a two-year, $101.4 million deal, $3 million less than the max. That will allow the Los Angeles Lakers to avoid the dreaded second apron. James had been reported to be willing to take an even bigger paycut for a veteran such as Thompson or James Harden, but both opted to go elsewhere.
James declined his player option with the expectation of signing a new deal last week, then got a bit of incentive to return to the Lakers when they drafted his eldest son, Bronny James, with the No. 55 pick. The four-time NBA MVP has said for years that he'd like the opportunity to play with his eldest son before retiring.
Yahoo Sports has you covered for NBA free agency from the top 40 available players to the top players at each position who are available this summer.
Keep up with all of the signings and deals with Yahoo Sports' NBA free agency tracker.
LIVE COVERAGE IS OVER137 updates
Jalen Brunson agrees to 4-year, $156.5 million deal, leaves $113 million in guaranteed money on the table
The New York Knicks' star point guard did the team a significant favor by taking a four-year, $156.5 million contract extension rather than wait one year and take a five-year, $269 million deal. You can read more here.
In a largely unprecedented financial concession to give roster flexibility to a contender, New York Knicks star Jalen Brunson has agreed on a four-year, $156.5 million extension, his agent Sam Rose of CAA tells ESPN --- $113M less guaranteed than he’s eligible to receive in one… pic.twitter.com/DDJvz7TUlr
— Adrian Wojnarowski (@wojespn) July 12, 2024
The Suns are bringing back Josh Okogie on a 2-year, $16 million deal
Free agent F Josh Okogie has agreed on a two-year, $16 million deal to stay with the Phoenix Suns, sources tell @TheAthletic @Stadium. Okogie's agent, Calvin Andrews of Klutch Sports, has been negotiating the new contract with Suns officials. pic.twitter.com/95Jifwr2m4
— Shams Charania (@ShamsCharania) July 12, 2024
LeBron James takes a $3 million pay cut to put Lakers below second apron
LeBron James' final two-year deal total, per sources: $101.355 million – almost $3M less than his $104M max, placing Lakers below second apron. https://t.co/Fm9VEVSkr7
— Shams Charania (@ShamsCharania) July 7, 2024
DeMar DeRozan goes to Kings on 3-year, $70 million sign-and-trade deal
The deal will also see Harrison Barnes head to the San Antonio Spurs and Chris Duarte to the Chicago Bulls.
ESPN Sources with @TimBontemps: The Sacramento Kings are agreed on a sign-and-trade that will land DeMar DeRozan on a three-year deal, send Harrison Barnes to the San Antonio Spurs and Chris Duarte, two second-round picks and cash to the Chicago Bulls. pic.twitter.com/eopPkSPBvc
— Adrian Wojnarowski (@wojespn) July 7, 2024
Klay Thompson's sign-and-trade is the first six-team trade in NBA history
The Dallas Mavericks announced today that they have acquired 5-time All-Star Klay Thompson and a future 2nd-round pick as part of a six-team sign-and-trade deal in exchange for Josh Green and a future 2nd-round pick.
It marks the first six-team trade in NBA history. pic.twitter.com/BKHszomMay— Mavs PR (@MavsPR) July 7, 2024
Miles Bridges stays with Hornets, agreeing to 3-year, $75 million contract
Miles Bridges will be staying with the Charlotte Hornets. The sixth-year forward agreed to a three-year, $75 million contract with the team, reports ESPN's Adrian Wojnarowski.
Free agent F Miles Bridges has agreed on a three-year, $75 million deal to return to the Charlotte Hornets, sources tell ESPN. pic.twitter.com/8uQ2fLaDDC
— Adrian Wojnarowski (@wojespn) July 6, 2024
The deal includes no team or player options, according to Wojnarowski.
Bridges, 26, is a talent. No doubt. The 26-year-old averaged 21 points (on 46/35/83 shooting splits), 7.3 rebounds and 3.3 assists in 37.4 minutes over 69 games for the Charlotte Hornets this past season.
Of course, he missed the first 10 games of the season, plus the entire 2022-23 campaign, for pleading guilty to a brutal felony domestic violence charge. Upon his return to the NBA, he allegedly violated a resulting protective order, though that charge was dropped this past February for insufficient evidence.
Bridges was in line for a nine-figure contract when news of his initial arrest on domestic violence charges broke on the eve of 2022 NBA free agency. He played this past season on a $7.9 million qualifying offer.
Devonte Graham being traded from Spurs to Hornets, who plan to waive him
Devonte' Graham is being traded by the San Antonio Spurs to the Charlotte Hornets, along with a second-round pick. Charlotte will then waive the sixth-year guard, according to ESPN's Adrian Wojnarowski.
The San Antonio Spurs are trading guard Devonte Graham and a second-round pick to the Charlotte Hornets, sources tell ESPN. The Hornets will waive Graham, allowing him to become a free agent. pic.twitter.com/khvOdlyrDy
— Adrian Wojnarowski (@wojespn) July 6, 2024
The Hornets will pay Graham the $2.85 million partial guarantee remaining on his contract as part of the deal. That increases San Antonio's available cap space to $19.1 million, which could help them take part in a deal between the Chicago Bulls and Sacramento Kings involving DeMar DeRozan, according to NBA insider Marc Stein.
Graham, 28, appeared in only 23 games for the Spurs last season, averaging five points and 2.1 assists. He played the first three seasons of his NBA career with Charlotte before getting traded to the New Orleans Pelicans. After nearly two seasons with the Pelicans, he was dealt to San Antonio.
Caleb Martin agrees to 4-year, $32 million contract with Sixers
The Philadelphia 76ers' big offseason continues. The team added forward Caleb Martin, agreeing to a four-year deal worth more than $32 million, according to ESPN's Adrian Wojnarowski.
Free agent F Caleb Martin is finalizing a deal with the Philadelphia 76ers, sources tell ESPN. Impactful pickup for the Sixers, who bring on the playoff-tested veteran from Miami. pic.twitter.com/wc4hC6qJbm
— Adrian Wojnarowski (@wojespn) July 6, 2024
Martin put up the best numbers of his five-year career for the Miami Heat last season. In 64 games, the 6-foot-5 veteran averaged 10 points and 4.4 rebounds per game. Of note to the Sixers and their fans, Martin has played particularly well against the Boston Celtics during the past two seasons, averaging 13.6 points per game while shooting 50% from the floor.
He is expected to be the Sixers' starting power forward, reports Wojnarowski, teaming in the frontcourt with Paul George and Joel Embiid. To make room for Martin, Philadelphia will waive forward Paul Reed.
Buddy Hield to join Warriors in sign-and-trade deal with Sixers
The Golden State Warriors are adding a shooter after Klay Thompson left for the Dallas Mavericks. Buddy Hield will join the Warriors in a sign-and-trade deal with the Philadelphia 76ers, reports The Athletic's Shams Charania.
The Golden State Warriors have agreed to a deal acquiring Buddy Hield via sign-and-trade from the 76ers, sources tell @TheAthletic @Stadium. New teammates Hield and Stephen Curry are leaders for most 3-pointers made over the last 5 NBA seasons – and now will be teammates. pic.twitter.com/a12kp9sYuV
— Shams Charania (@ShamsCharania) July 4, 2024
Hield agrees to a two-year, $21 million contract, according to ESPN's Adrian Wojnarowski. The agreement includes a partial guarantee for a third year and player option for a fourth year. Philadelphia will receive a 2031 second-round pick as part of the deal.
Hield averaged 12.1 points per game with the Sixers and Indiana Pacers last season, shooting 39% on 3-pointers. Shooting is Hield's specialty. For his career, he's a 40% shooter from long-range. He's the only player to make more 3-pointers during the past five seasons than Stephen Curry. Now the two sharpshooters will be teammates.
Shake Milton going to Nets, added to Mikal Bridges trade with Knicks
The big trade that sent Mikal Bridges to the New York Knicks is being expanded. Shake Milton is also being added to the deal in a sign-and-trade agreement, reports The Athletic's Shams Charania.
Sources: The Knicks are signing-and-trading Shake Milton as part of Mikal Bridges/Bojan Bogdanovic trade to the Nets, who will also send Keita Bates-Diop to New York. Milton will sign a three-year, $9 million contract, with over minimum in year one and two non-guaranteed years.
— Shams Charania (@ShamsCharania) July 4, 2024
Milton joins Bojan Bogdanovic, four unprotected first-round picks (in 2025, 2027, 2029 and 2031), a protected first-rounder from the Milwaukee Bucks in 2025, a 2025 second-rounder and a protected pick swap in 2028 going to the Nets. Keita Bates-Diop will go to the Knicks as part of the trade.
For Milton, the Nets will be his fourth team in a year. The sixth-year guard signed with the Minnesota Timberwolves last season, was traded to the Detroit Pistons, who soon waived him. He then signed with the Knicks.
He agreed to a three-year, $9 million deal with the Knicks, in which the final two years are not guaranteed.
Warriors reportedly in 'serious talks' to acquire Sixers sharpshooter Buddy Hield
Just In: The Golden State Warriors are in serious talks on a sign-and-trade deal to acquire Buddy Hield, league sources tell @TheAthletic @Stadium. Warriors and 76ers have been in deep discussions, working to finalize the deal for one of the NBA's best three-point shooters. pic.twitter.com/s3sajpWx69
— Shams Charania (@ShamsCharania) July 3, 2024
De'Anthony Melton to sign 1-year, $12.8 million deal with Warriors
Guard De'Anthony Melton has agreed to a one-year, $12.8 million contract with the Golden State Warriors, reports The Athletic's Shams Charania.
Free agent De'Anthony Melton plans to sign a one-year, $12.8 million deal with the Golden State Warriors, sources tell @TheAthletic @Stadium. pic.twitter.com/LfBenYVJ7T
— Shams Charania (@ShamsCharania) July 1, 2024
Melton averaged 11.1 points, 3.7 rebounds, 3 assists and 1.6 steals while shooting 36% on 3-pointers for the Philadelphia 76ers last season. He was limited to 38 games due to a back injury, starting 33 games. Presumably, Melton will help fill the void left by Klay Thompson signing with the Dallas Mavericks.
DeMar DeRozan will not re-sign with Bulls: Report
DeMar DeRozan will move on from the Chicago Bulls after three seasons, according to the Chicago Sun-Times' Joe Cowley. The 15-year veteran made the decision after the Bulls acquired Josh Giddey in a trade for Alex Caruso.
.@JCowleyHoops on DeMar DeRozan's status with the Bulls: "He will be signing elsewhere. So we can go ahead and close the chapter on the King of the Fourth."
Listen to Cowley's full interview with @BernsyHolmes:https://t.co/fZrDf1OPw1 pic.twitter.com/6g7oyqXfyQ— 670 The Score (@670TheScore) July 1, 2024
The Los Angeles Lakers are reported to be interested in DeRozan, but his market is shrinking with the Philadelphia 76ers signing Paul George, Kentavious Caldwell-Pope going to the Orlando Magic and Derrick Jones Jr. signing with Los Angeles Clippers.
DeRozan averaged 25.5 points, 4.7 rebounds and 5.1 assists per game and shot 34% on 3-pointers during his three seasons in Chicago. He has also played for the Toronto Raptors and San Antonio Spurs.
Derrick White agrees to 4-year, $125.9M extension with Boston: Report
Derrick White’s summer was already going pretty well. It just got a hell of a lot better.
Fresh off playing a pivotal role throughout the Celtics’ run to the 2023-24 NBA championship, White has agreed to a four-year, $125.9 contract extension that will keep him in Boston, according to ESPN's Adrian Wojnarowski. The re-up represents a significant leap over the four-year, $70 million deal that White signed as an extension of his rookie-scale contract back in 2020 and includes a player option.
Boston Celtics guard Derrick White has agreed on a four-year, $125.9 million contract extension, sources tell ESPN. The deal includes a player option. Huge offseason priority for the champs. pic.twitter.com/eAMo9yf7oe
— Adrian Wojnarowski (@wojespn) July 1, 2024
The 6-foot-4 combo guard has become one of the NBA’s most consistent and disruptive perimeter stoppers, earning All-Defensive Second Team nods in each of the last two seasons for his work as the kind of high-motor playmaker willing to sacrifice his smile to secure a loose ball if it gets him one step closer to a win. He’s frequently lauded as the best shot-blocking guard the game’s seen since Dwyane Wade, and for good reason: No other backcourt player has tallied anything close to White’s 163 blocks over the past two seasons, which is more than all but 17 players at any position.
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