2024 NBA Free Agents
Hoops Rumors’ up-to-date list of current free agents is below. These are players who are free agents during the 2024/25 season. The player’s 2024 age is in parentheses.
This list includes players who played at least 10 games in 2023/24 or finished the season on a roster. It also includes players who appeared in at least one game in 2024/25. It will continue to be updated throughout the season.
You’ll be able to access this list anytime under the “Hoops Rumors Features” menu on the right sidebar on our desktop site, or in the “Free Agent Lists” section of our mobile menu. If you have any corrections or omissions, please contact us.
Updated 6-13-25 (7:44 am CT)
Note: This list is no longer being updated.
Unrestricted Free Agents
Point Guards
- Ryan Arcidiacono (30)
- D.J. Carton (24)
- Yuri Collins (24)
- Marcus Garrett (26)
- Jacob Gilyard (26)
- Jazian Gortman (21)
- Killian Hayes (23)
- Reggie Jackson (34)
- Kira Lewis (22)
- Quincy Olivari (23)
- Jason Preston (25)
- Jaylen Sims (26)
- Dennis Smith Jr. (27)
- Isaiah Thomas (35)
Shooting Guards
- Amari Bailey (20)
- Jules Bernard (24)
- Buddy Boeheim (25)
- James Bouknight (24)
- Charlie Brown Jr. (27)
- Johnny Davis (22)
- Javon Freeman-Liberty (25)
- Andrew Funk (25)
- Kevon Harris (27)
- Nate Hinton (25)
- Taze Moore (26)
- Daishen Nix (22)
- Victor Oladipo (31)
- Joshua Primo (22)
- Josh Richardson (31)
- Dereon Seabron (24)
- Alondes Williams (25)
Small Forwards
- Thanasis Antetokounmpo (32)
- Marcus Bagley (23)
- Leaky Black (25)
- Oshae Brissett (26)
- Kendall Brown (22)
- Reggie Bullock (33)
- Yongxi Cui (21)
- Henri Drell (24)
- Chris Duarte (27)
- Alex Fudge (21)
- Malcolm Hill (29)
- Justin Holiday (35)
- Danuel House (31)
- Keyontae Johnson (24)
- Nassir Little (24)
- Isaiah Livers (26)
- Wesley Matthews (38)
- Jalen McDaniels (26)
- Eugene Omoruyi (27)
- Cam Reddish (25)
- Matt Ryan (27)
- Jermaine Samuels (26)
- Terry Taylor (25)
- Juan Toscano-Anderson (31)
- T.J. Warren (31)
- Phillip Wheeler (24)
Power Forwards
- Keita Bates-Diop (27)
- Bojan Bogdanovic (35)
- Greg Brown (23)
- Robert Covington (34)
- Mamadi Diakite (26)
- Mouhamadou Gueye (26)
- Malevy Leons (25)
- Isaiah Mobley (25)
- Marcus Morris (35)
- Adama Sanogo (22)
- Jalen Slawson (25)
- Cole Swider (25)
- Christian Wood (29)
- Thaddeus Young (36)
Centers
- Ibou Badji (22)
- Mohamed Bamba (26)
- Marques Bolden (26)
- Moses Brown (25)
- Kylor Kelley (27)
- Skal Labissiere (28)
- Robin Lopez (36)
- Jahlil Okafor (29)
- Liam Robbins (25)
- Orlando Robinson (24)
- Olivier Sarr (25)
- Malik Williams (26)
- James Wiseman (23)
- Cody Zeller (32)
Restricted Free Agents
Note: All of 2024’s restricted free agents have come off the board. You can view the details using our free agent tracker.
Player Options
Note: All of this year’s player option decisions have been made. They can be found here.
Team Options
Note: All of this year’s team option decisions have been made. They can be found here.
NBA Teams With Open Two-Way Contract Slots
A total of 18 NBA teams currently have both of their two-way contract slots filled, as our tracker shows.
That doesn’t mean those players will be locked into those slots for the rest of the 2022/23 season, or even until opening night, since two-way deals are low-cost contracts that don’t count against the salary cap, making them easy to replace. But it means those spots are unavailable for the time being.
That leaves 12 teams with at least one two-way slot available. Those teams are as follows:
- Atlanta Hawks
- Brooklyn Nets
- Charlotte Hornets
- Chicago Bulls
- Dallas Mavericks
- Houston Rockets
- Indiana Pacers
- Los Angeles Clippers
- New Orleans Pelicans
- Portland Trail Blazers
- San Antonio Spurs
- Washington Wizards
The Hawks, Hornets, Mavericks, Rockets, Clippers, the Trail Blazers, and Wizards have fairly straightforward two-way situations at the moment — they’ve each filled one slot and have one open, with no reports indicating that any of those teams has reached an agreement on a two-way deal with a free agent or draftee.
The Nets and Bulls also have one two-way spot filled and one open, but each of them has a two-way qualifying offer out to a restricted free agent — David Duke for Brooklyn and Malcolm Hill for Chicago. If those players simply accept their QOs, neither the Nets nor the Bulls will have a two-way opening.
The Spurs also have one two-way player signed and one spot open, though a Shams Charania report last month indicated that undrafted rookie Jordan Hall will sign a two-way contract with San Antonio. If and when that happens, the Spurs will join the list of teams with both of their two-way slots occupied.
The Pacers and Pelicans are currently the only two teams that don’t have a single player on a two-way contract. A Charania report way back in June suggested that Dereon Seabron would sign a two-way deal with New Orleans, but it hasn’t officially happened yet.
The best candidate for a two-way contract with Indiana, meanwhile, could be 48th overall pick Kendall Brown, who is one of a handful of 2022 draftees still unsigned. Even if Seabron and Brown sign two-way pacts, the Pacers and Pelicans would still each have one slot available.
Traded Second Round Picks For 2023 NBA Draft
We’re using the space below to keep tabs on each NBA team’s second round pick for 2023, continually updating it as necessary throughout the year. Our list of traded first round picks for 2023 can be found right here.
We’ve listed all 30 teams here, so even if a team hasn’t traded its second round pick, that will be noted. We’ll also provide details on protections for each traded pick, including what happens to the pick in 2024 if it doesn’t change hands in 2023.
Here’s the full breakdown on the status of each 2023 second-round pick:
Atlantic
- Boston Celtics: Traded to Hornets or Wizards.
- The Hornets will receive this pick if it lands between 31-45; the Wizards will get it if it lands between 46-60. Whichever team doesn’t receive this pick will instead receive the Celtics’ 2024 second-round pick.
- Brooklyn Nets: Traded swap rights to Trail Blazers.
- The Hornets will receive either their own 2023 second round pick, the Hawks’ pick, or the Nets’ pick (whichever is most favorable). The Trail Blazers will receive the second-most favorable of the three, and the Nets will receive the least favorable.
- New York Knicks: Traded to Timberwolves.
- Philadelphia 76ers: Own pick.
- Note: The Sixers will forfeit this pick due to free agency gun-jumping.
- Toronto Raptors: Traded to Spurs.
Central
- Chicago Bulls: Traded to Wizards.
- Cleveland Cavaliers: Own pick.
- The Cavaliers have the right to swap their own 2023 second-round pick for the Warriors’ pick.
- Detroit Pistons: Own pick.
- Indiana Pacers: Traded to Kings or Spurs.
- The Kings will receive this pick if it lands between 31-55; the Spurs will get it if it lands between 56-60. The Pacers’ obligation to whichever team doesn’t receive this pick will be extinguished.
- Milwaukee Bucks: Traded swap rights to Pacers.
- The Bucks will receive the least favorable of the Cavaliers’ and Warriors’ 2023 second round picks. The Pacers will then receive either that pick or the Bucks’ own pick (whichever is more favorable).
Southeast
- Atlanta Hawks: Traded to Hornets, Trail Blazers, or Nets.
- The Hornets will receive either their own 2023 second round pick, the Hawks’ pick, or the Nets’ pick (whichever is most favorable). The Trail Blazers will receive the second-most favorable of the three, and the Nets will receive the least favorable.
- Charlotte Hornets: Own pick.
- The Hornets have the right to swap their second round pick for the Hawks’ or Nets’ pick.
- The Hornets have the right to swap their second round pick for the Hawks’ or Nets’ pick.
- Miami Heat: Traded to Thunder, Celtics, Pacers, Nuggets, or Hornets.
- Details outlined at bottom of story.
- Orlando Magic: Traded to Celtics (top-55 protected).
- If this pick lands in its protected range, the Magic’s obligation to the Celtics would be extinguished.
- Washington Wizards: Traded to Thunder, Nuggets, or Hornets.
- Details outlined at bottom of story.
Northwest
- Denver Nuggets: Traded to Bulls (top-46 protected).
- If this pick lands in its protected range, the Nuggets’ obligation to the Bulls would be extinguished; if it changes hands, it will be forfeited due to the Bulls’ free agency gun-jumping penalty.
- Minnesota Timberwolves: Traded to Grizzlies.
- Oklahoma City Thunder: Own pick.
- The Thunder have the ability to swap their own 2023 second-rounder for a more favorable pick. Details outlined at bottom of story.
- Portland Trail Blazers: Traded to Celtics or Thunder.
- Details outlined at bottom of story.
- Utah Jazz: Traded to Hornets.
Pacific
- Golden State Warriors: Traded to Cavaliers, Bucks, or Pacers.
- The Cavaliers have the right to swap their own 2023 second round pick for the Warriors’ pick. The Bucks will receive the least favorable of the two picks. If the least favorable of the Cavaliers’ and Warriors’ picks is more favorable than the Bucks’ pick, Milwaukee will send it to the Pacers.
- The Cavaliers have the right to swap their own 2023 second round pick for the Warriors’ pick. The Bucks will receive the least favorable of the two picks. If the least favorable of the Cavaliers’ and Warriors’ picks is more favorable than the Bucks’ pick, Milwaukee will send it to the Pacers.
- Los Angeles Clippers: Own pick.
- Los Angeles Lakers: Own pick.
- Phoenix Suns: Own pick.
- Sacramento Kings: Own pick.
Southwest
- Dallas Mavericks: Traded to Thunder, Celtics, Pacers, Nuggets, or Hornets.
- Details outlined at bottom of story.
- Houston Rockets: Traded to Thunder, Celtics, or Pacers.
- Details outlined at bottom of story.
- Memphis Grizzlies: Own pick.
- New Orleans Pelicans: Traded to Hawks (top-45 protected).
- If this pick lands in its protected range, the Pelicans’ obligation to the Hawks would be extinguished.
- San Antonio Spurs: Traded to Pacers (top-55 protected).
- If this pick lands in its protected range, the Spurs’ obligation to the Pacers would be extinguished.
While the conditions that apply to the majority of this year’s traded second round picks are relatively straightforward, there’s one quagmire involving the Mavs’, Heat’s, Wizards’, Thunder’s, Trail Blazers’, and Rockets’ selections.
The Celtics, Pacers, Nuggets, and Hornets will each receive one of those picks, while the Thunder will receive two, but the protections and swap rights are extremely complicated. Here’s our best attempt at breaking it all down:
The Thunder will receive the most favorable of the following 2023 second round picks:
- Their own pick
- The Wizards’ pick.
- The Mavericks’ pick.
- The Heat’s pick.
The Nuggets will get the second-most favorable of the following 2023 second round picks, while the Hornets will get the least favorable:
- The Thunder’s pick.
- The Wizards’ pick.
- The most favorable of the Heat’s and Mavericks’ picks.
The Celtics will get the most favorable of the following 2023 second round picks:
- The Rockets’ pick (top-32 protected).
- The Trail Blazers’ pick.
- The least favorable of the Heat’s and Mavericks’ picks.
The Pacers will get the least favorable of the following 2023 second round picks:
- The Rockets’ pick (top-32 protected).
- The least favorable of the Heat’s and Mavericks’ picks.
Note: If the Rockets’ pick is No. 31 or No. 32, that would be the pick the Pacers receive instead.
The Thunder will get the leftover pick not claimed by the Celtics or Pacers. It could be one of the following three:
- The Rockets’ pick (top-32 protected).
- The Trail Blazers’ pick.
- The least favorable of the Heat’s and Mavericks’ picks.
Got all that?
Just to be sure, let’s apply all those conditions to a hypothetical draft order based roughly on current projections for the 2022/23 season. Let’s say the Rockets’ pick comes in at No. 33, the Thunder’s is No. 39, the Wizards’ is No. 40, the Trail Blazers’ is No. 42, the Mavericks’ pick is No. 49, and the Heat’s is No. 51.
In that scenario, based on the scenarios described above, the Celtics would receive Houston’s pick, the Thunder would keep their own pick and acquire Portland’s, the Nuggets would get Washington’s pick, the Hornets would get Dallas’ pick, and the Pacers would get Miami’s pick.
However, if we hypothetically bump Houston’s pick up to No. 31, it would be Indiana receiving that pick, while the Celtics would get the Blazers’ pick 11 spots later and the Thunder would get Miami’s pick (in addition to their own). In other words, the Pacers will be rooting for the hard for Houston to be a bottom-two team this season, while Boston and Oklahoma City will want to see the Rockets avoid that fate.
Information from RealGM was used in the creation of this post.
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Latest On Kevin Durant, Kyrie Irving
With no indication that the Nets have made any recent progress on a trade involving Kevin Durant, Ian Begley of SNY.tv says multiple people familiar with those discussions were pessimistic late last month about the odds of a deal getting done anytime soon.
As Begley explains, those sources suggested that teams around the NBA aren’t eager to be the third or fourth team in a trade that sends Durant to another club.
“No one wants to help (Brooklyn get a deal done),” one team told Begley.
While some of Durant’s potential suitors – including the Celtics and Raptors – have the pieces necessary to get a deal done without bringing in a third team, others would be hard-pressed to do so.
The designated rookie extension rule that prevents the Nets from acquiring certain players while Ben Simmons is on their roster further complicate certain straight-up trade scenarios — for instance, even if the Heat are willing to send Bam Adebayo to Brooklyn in a package for Durant, the two teams would likely need to bring in another team to take Simmons.
According to Begley, one source he spoke to near the end of July described the Durant talks as being in a “holding pattern.” It’s unclear if the meeting reported to be taking place between Durant and Nets owner Joe Tsai has occurred yet or if it will help the situation move forward at all.
Meanwhile, there have been no reports as of late indicating that the Nets have been actively pursuing a trade involving Kyrie Irving. According to Begley, a source close to the star point guard said this week that Irving is in a good place with the team and is comfortable remaining in Brooklyn to begin the 2022/23 season.
Jazz Notes: Mitchell, Bogdanovic, Beverley, Conley
As we relayed earlier today, the Jazz reportedly spoke to the Knicks and Lakers a few weeks ago about the possibility of a three-team trade that would involved Donovan Mitchell and Russell Westbrook. Michael Scotto of HoopsHype, who reported those trade discussions, passed along several other Jazz-related tidbits in his latest roundup of rumors from around the NBA. Here are a few highlights:
- As they explore the trade market for Mitchell, the Jazz aren’t prioritizing win-now players at all, according to Scotto, who says the team is seeking as many first round draft picks as possible. After acquiring four future first round selections and 2022 first rounder Walker Kessler in the Rudy Gobert blockbuster, Utah is hoping to exceed that return by acquiring five or six first rounders for Mitchell, Scotto adds.
- The Knicks remain the frontrunners to land Mitchell, but they’ve been reluctant to give up the draft assets Utah is seeking, both in terms of quantity and quality, per Scotto. Besides debating the number of picks in a potential deal, the two teams have haggled over how many of them would be protected, and to what extent.
- Rival executives believes that if the Jazz move Mitchell, they’ll be in “fire sale” mode and more veterans will likely follow him out of town. Playoff-caliber teams are keeping a close eye on Bojan Bogdanovic and Patrick Beverley, says Scotto.
- While Mike Conley is also a trade candidate, his contract (two years, $47MM) makes him a longer shot to be moved in the near future, Scotto writes. Bogdanovic and Beverley, conversely, are on expiring deals.
Lakers Talked To Knicks, Jazz About Possible Three-Team Trade
The Lakers spoke to the Jazz and Knicks a few weeks ago about a hypothetical three-team trade scenario that would see Donovan Mitchell land in New York, with Russell Westbrook going to Utah, league sources tell Michael Scotto of HoopsHype.
As Scotto explains, the proposed deal would involve at least two Jazz players (likely some combination of Bojan Bogdanovic, Patrick Beverley, Jordan Clarkson, and Malik Beasley) going to Los Angeles, while the Knicks would send out players to both teams for salary-matching purposes. New York would need to trade at least $24.2MM in outgoing salary to match Mitchell’s $30.35MM cap hit.
The Jazz – who would buy out Westbrook if they acquired him, according to Scotto – would receive significant draft compensation from both the Lakers and Knicks for trading Mitchell and taking on Westbrook’s $47MM+ salary.
According to Scotto, the Lakers have had interest in Knicks forward Cam Reddish in the past. Additionally, New York previously expressed interest in Beasley and now employs Gersson Rosas, who acquired and re-signed Beasley when he was working in the Timberwolves’ front office. So if the three teams were able to work out a deal, it would be worth keeping an eye on whether the Lakers could land Reddish or the Knicks could get Beasley.
However, it sounds like it’s probably a long shot that the Jazz, Lakers, and Knicks will be able to reach an agreement.
Utah, of course, wants a substantial haul for Mitchell, having reportedly asked the Knicks for three players and six draft picks last month. And teams that have talked to Los Angeles about Westbrook are believed to be seeking the Lakers’ 2027 and 2029 first-round picks (with as little protection as possible) to accommodate the salary dump. According to multiple reports, L.A. has thus far resisted attaching more than one first-rounder to Westbrook in any proposed trade.
For the Lakers, Jazz, and Knicks to make a deal, they’d have to find common ground on the price tags for both Mitchell and Westbrook, which will be extremely challenging.
It’s unclear, based on Scotto’s report, whether or not the three clubs are still actively exploring this scenario or how viable they consider it to be.
Filip Petrusev: Sixers “Have A Plan For Me”
Selected by the Sixers with the No. 50 overall pick in the 2021 draft, Serbian big man Filip Petrusev remained overseas last season and is poised to do so again in 2022/23. However, as Johnny Askounis of Eurohoops relays, Petrusev suggested to MozzartSport that a future in Philadelphia remains possible.
“I went to the Summer League with Philadelphia, the team that drafted me,” Petrusev said, per Google Translate. “Being there, talking to everyone. They have a plan for me and everything is going according to that plan.”
Petrusev added that he didn’t play that much in Las Vegas last month because the Sixers were “focused on other players,” but he appeared in four games for the team, averaging 5.5 PPG, 2.3 RPG, and 1.3 BPG in 12.0 minutes per contest.
After winning a EuroLeague title with Turkish team Anadolu Efes last season, Petrusev will play in his home country in ’22/23, having signed with Crvena Zvezda. The Serbian club had a losing record in EuroLeague play last season, but won the ABA League title after finishing with a dominant 24-2 regular season record. Petrusev is looking forward to helping the team return to those heights while continuing to grow his own game.
“I considered my options and picked the team with the best possible conditions for development,” Petrusev said of his free agency decision. “That is why I signed with Crvena Zvezda.”
While it’s unclear if Petrusev is part of the 76ers’ plans for the 2023/24 season, the team’s front office will likely continue to keep a close eye on the ongoing development of the 6’11” forward/center, who is still just 22 years old.
Traded First Round Picks For 2023 NBA Draft
The 2023 NBA draft is still over 10 months away, but a number of teams have already traded away their first round picks for ’23, and more clubs may do so before this season’s trade deadline.
We’ll use the space below to keep tabs on each team’s first round pick for 2023, continually updating it as necessary throughout the year.
We’ve listed all 30 teams here, so even if a team hasn’t traded its first round pick, that will be noted. We’ll also provide details on the protections for each traded pick, including what happens to the pick in 2024 if it doesn’t change hands in 2023.
Here’s the full breakdown on the status of each 2023 first round pick:
Note: Teams marked with an asterisk (*) have traded away their 2024 first round pick (either unprotected or with protection) and can’t freely trade away their 2023 first rounder due to the Stepien rule.
Atlantic
- Boston Celtics: Traded to Pacers (top-12 protected).
- If this pick lands in its protected range, the Celtics would send the Spurs a 2023 second round pick.
- Brooklyn Nets (*): Traded swap rights to Rockets.
- The Nets will have either their own first round pick, the Rockets’ pick, or the Sixers’ pick. They’ll receive the Sixers’ pick if it’s the most favorable of the three; otherwise, they’d get the second-most favorable pick of the three. The Jazz will receive the least favorable of the three.
- The Nets will have either their own first round pick, the Rockets’ pick, or the Sixers’ pick. They’ll receive the Sixers’ pick if it’s the most favorable of the three; otherwise, they’d get the second-most favorable pick of the three. The Jazz will receive the least favorable of the three.
- New York Knicks: Traded to Trail Blazers (top-14 protected).
- If this pick lands in its protected range, the Knicks would send the Trail Blazers the Pistons’ 2024 second-round pick, either the Timberwolves’ or Knicks’ 2026 second-round pick (whichever is least favorable), and the Knicks’ own 2027 and 2028 second-round picks.
- Philadelphia 76ers: Traded to Nets or Jazz.
- The Nets will receive the Sixers’ first round pick if it’s the most or second-most favorable of the Sixers’, Nets’, and Rockets’ 2023 first rounders. If it’s the least favorable of the three, the Jazz will receive it.
- Toronto Raptors: Own pick.
Central
- Chicago Bulls: Traded to Magic (top-4 protected).
- If this pick lands in its protected range, the Bulls would owe the Magic their 2024 first round pick (top-3 protected).
- Cleveland Cavaliers: Traded to Pacers (top-14 protected).
- If this pick lands in its protected range, the Cavaliers would send the Pacers their 2025 second round pick and the Lakers’ 2026 second round pick.
- Detroit Pistons: Traded to Knicks (top-18 protected).
- If this pick lands in its protected range, the Pistons would owe the Knicks their 2024 first round pick (top-18 protected).
- Indiana Pacers: Own pick.
- Milwaukee Bucks: Traded to Rockets or Clippers (unprotected).
- The Rockets have the ability to swap the Bucks’ pick with the Clippers’ 2023 first rounder (top-six protected).
Southeast
- Atlanta Hawks: Own pick.
- Charlotte Hornets: Traded to Spurs (top-16 protected).
- If this pick lands in its protected range, the Hornets would owe the Spurs their 2024 first round pick (top-14 protected).
- Miami Heat: Own pick.
- Orlando Magic: Own pick.
- Washington Wizards: Traded to Knicks (top-14 protected).
- If this pick lands in its protected range, the Wizards would owe the Knicks their 2024 first-round pick (top-12 protected).
Northwest
- Denver Nuggets: Traded to Hornets (top-14 protected).
- If this pick lands in its protected range, the Nuggets would owe the Hornets their 2024 first round pick (top-14 protected).
- Minnesota Timberwolves: Traded to Jazz (unprotected).
- Oklahoma City Thunder: Own pick.
- The Thunder have the ability to swap their pick with the Clippers’ 2023 first rounder.
- Portland Trail Blazers: Traded to Bulls (top-14 protected).
- If this pick lands in its protected range, the Trail Blazers would owe the Bulls their 2024 first round pick (top-14 protected).
- Utah Jazz (*): Own pick.
Pacific
- Golden State Warriors (*): Own pick.
- Los Angeles Clippers (*): Traded swap rights to Thunder.
- The Clippers will have either their own first round pick, the Thunder’s pick, or the Bucks’ pick, whichever is least favorable. If the Thunder’s and Clippers’ picks both land in the top six, the Clippers would instead receive the second-most favorable of those three picks.
- The Clippers will have either their own first round pick, the Thunder’s pick, or the Bucks’ pick, whichever is least favorable. If the Thunder’s and Clippers’ picks both land in the top six, the Clippers would instead receive the second-most favorable of those three picks.
- Los Angeles Lakers (*): Traded swap rights to Pelicans.
- The Lakers will have either their own first round pick or the Pelicans’ pick, whichever is least favorable.
- Phoenix Suns: Traded to Nets (unprotected).
- Sacramento Kings (*): Own pick.
Southwest
- Dallas Mavericks: Traded to Knicks (top-10 protected).
- If this pick lands in its protected range, the Mavericks would owe the Knicks their 2024 first round pick (top-10 protected).
- Houston Rockets: Own pick.
- The Rockets have the ability to swap their pick with the Nets’ 2023 first rounder.
- Memphis Grizzlies: Own pick.
- New Orleans Pelicans: Own pick.
- The Pelicans have the ability to swap their pick with the Lakers’ 2023 first rounder.
- San Antonio Spurs: Own pick.
Information from RealGM was used in the creation of this post.
LeBron James Becomes Extension-Eligible
Superstar forward LeBron James is now officially eligible to sign a veteran contract extension with the Lakers.
James last signed an extension with the Lakers on December 3, 2020, adding two years to the one remaining on his deal at the time. That contract will expire at the end of the 2022/23 season.
Typically, a player who signs an extension that keeps him under contract for three or four seasons (when accounting for both his current contract and his extension) becomes extension-eligible again two years after his signing date. However, James’ eligibility window opens on August 4 instead of December 3 due to the unusual nature of the 2020 calendar, which was affected by COVID-19 — since free agency didn’t open until November that year, the NBA considers August 4, 2022 this offseason’s equivalent of December 3, 2020.
James is earning $44,474,988 in 2022/23, which exceeds the standard maximum of $43,279,250 for a player with 10-plus years of NBA experience. That means he’s eligible to sign an extension that either gives him a 5% raise over this season’s salary or is worth next season’s maximum, whichever is higher. Currently, next season’s max projects to be $46,550,000, whereas a 5% raise would put LeBron in line for a $46,698,737 starting salary.
Because he’s already 37 years old, James’ ability to sign a long-term extension is impacted by the Over-38 rule, which we explain in detail in our glossary entry. It prevents him from playing on contract longer than three years (including his current deal), which limits the length of a potential extension to two years. Assuming a $46,698,737 starting salary, LeBron’s maximum two-year extension would be worth $97,133,373 — the second year (2024/25) could be a player option.
Although James is now extension-eligible, there’s likely no urgency from his perspective to get a deal done right away. He has until June 30, 2023 to sign an extension, and would be able to sign a similar contract with the Lakers if he opts for free agency next year (in that scenario, he could even add a third year for 2025/26, since the ’22/23 season would no longer count toward the three-year limit created by the Over-38 rule).
While the Lakers would certainly prefer to lock in LeBron to a new deal sooner rather than later, the four-time MVP can retain leverage and perhaps wield more influence on the team’s roster moves by holding off on that commitment. Taking that route would also give James a chance to assess the team’s roster additions as well as new head coach Darvin Ham during the 2022/23 season.
As Bobby Marks of ESPN (Insider link) writes, the Lakers’ potential 2023 cap room won’t be affected in any real way by whether or not James signs an extension, since his free agent cap hold would be essentially equivalent to his starting salary on a new deal. In either scenario, Los Angeles projects to have over $20MM in room, which would open up some options for the team but wouldn’t be enough for another maximum-salary player.
Of course, if the Lakers lose James, they’d open up significantly more cap space next summer, but that’s not what the team wants, and there has been no indication that James is looking to leave L.A. — one recent report indicated that LeBron is happy in Southern California and that his family has become “increasingly entrenched” there in recent years.
Still, rumors figure to swirl around the four-time champion and the Lakers as long as he remains unsigned beyond the 2022/23 season. There has been speculation, for instance, about the possibility of another reunion between James and the Cavaliers if he reaches free agency next summer.
According to Marks, if James does sign a two-year, $97MM+ extension with the Lakers, it would increase his career salary earnings to $532MM, which would be the most ever for an NBA player.
