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2016 NBA Free Agency: July 5 Recap

The fifth day of the NBA’s 2016 free agent period was the quietest yet, but there were still a handful of interesting stories to follow, including the fates of two longtime stars who have spent their entire careers with one team. While Dirk Nowitzki reached an agreement to re-sign with the Mavericks, Dwyane Wade remains locked in a stalemate with the Heat.

In case you weren’t able to follow along with our updates throughout the fifth day of free agency, a recap of the day’s highlights can be found below. We’ll provide these daily recaps through the last day of the July moratorium on Wednesday. Going forward though, be sure to keep tabs on our free agent tracker for all the latest updates on contract agreements for free agents.

Contract agreements:

Trade agreements:

Other notable news/rumors:

  • Dwyane Wade is reportedly seeking either $50MM over two years, or a guaranteed third year on his new contract, and remains at an impasse with the Heat. Wade is said to have received a two-year, $50MM+ offer from the Nuggets, and will meet with Denver on Wednesday. However, he canceled his previously-scheduled meeting with the Bucks.
  • Teams have been inquiring about LeBron James, who is still a free agent, but agent Rich Paul has been “politely” informing those clubs that his client isn’t leaving the Cavaliers.

Previously:

July 1 recap
July 2 recap
July 3 recap
July 4 recap

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