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NBA 2025 Free Agency: July 1 Recap

July 1st, 2025 at 11:42pm CST by Luke Adams

After a number of this year’s top free agents came off the board on Monday or in the days leading up to June 30, the Bucks nearly singlehandedly made sure there was still plenty of NBA news to talk about on Tuesday.

Milwaukee agreed to terms on two-year deals with big man Jericho Sims and veteran wing Gary Harris. They also agreed to a deal that will send Pat Connaughton to the Hornets.

But the main event for the Bucks was reaching a four-year, $107MM contract agreement with Myles Turner, the starting center for the division-rival Pacers for the past decade. After the deal between Turner and the Bucks was reported, we spent about 10 minutes wondering how the over-the-cap club was going to pull off the move before another bombshell dropped: Milwaukee was waiving injured star Damian Lillard with two years left on his contract and stretching the $112.6MM owed to him across the next five seasons in order to help create the cap room necessary to sign Turner.

It’s a shocking move that will allow the Bucks to land one of the summer’s top free agents in the short term while potentially creating major cap-related complications in the long term.

Given that the front office is dead-set on building a contender around Giannis Antetokounmpo, it wasn’t ideal that one report referred to the two-time MVP as “not pleased” about Lillard being waived just over two months after tearing his Achilles.

But Lillard, at least, didn’t seem to mind, with another report describing him as “elated” to get to have control over his future while still getting paid by the Bucks.

Here are several more of the major headlines from July 1, along with links to our stories:

Free agent deals

Other top headlines

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Heat Sign-And-Trade Duncan Robinson To Pistons

July 1st, 2025 at 5:08pm CST by Dana Gauruder

July 7: The sign-and-trade deal sending Robinson from Miami to Detroit in exchange for Fontecchio is now official, according to a press release from the Pistons (Twitter link).

July 1: Free agent wing Duncan Robinson is headed to the Pistons on a three-year, $48MM contract via a sign-and-trade, Shams Charania of ESPN reports (via Twitter). Detroit is sending backup forward Simone Fontecchio to Miami in the deal, Charania adds in another tweet.

While there are no options on the third year of the deal, per Omari Sankofa II of The Detroit Free Press (Twitter links), it’s only partially guaranteed in year two and non-guaranteed in year three. Contracts signed via sign-and-trade must cover at least three seasons.

Robinson terminated his contract with the Heat in order to become a free agent. Had Robinson opted into the final year of his deal, his $19.9MM salary for ’25/26 would have become partially guaranteed for $9.9MM, which would have forced Miami to decide whether to guarantee his remaining $10MM or waive him in order to create $10MM in savings.

He’ll now join a Pistons team in need of shooting after losing Tim Hardaway Jr. and Dennis Schröder in free agency while their top three-point threat this past season and another unrestricted free agent, Malik Beasley, is under investigation on gambling allegations.

Beasley was said to be in serious talks with the Pistons about a three-year, $42MM contract before word broke about the gambling allegations. It seems that money – and potentially a little extra, if he plays out the full contract – is going to Robinson instead.

Detroit secured a two-year agreement on Monday with Hawks free agent wing Caris LeVert, who like Robinson played his college ball at the University of Michigan. The LeVert deal is expected to be completed using the non-taxpayer mid-level exception.

Robinson, 31, brings one major talent to the table — the ability to stretch the floor. He has knocked down 39.7 percent of his three-point tries during his 423-game NBA regular-season career.

Robinson made 74 appearances this past season, half of which were starts. He averaged 11 points, 2.3 rebounds and 2.4 assists in 24.1 minutes per game. He shot 43.7 percent from the field and 39.3 percent from distance.

Fontecchio appeared in 75 games with the Pistons, all off the bench. He averaged 5.9 points and 2.9 rebounds in 16.5 minutes per game but made a disappointing 33.5 percent of his threes after knocking down 40.1 percent in 66 games with Utah and Detroit the previous season. Fontecchio has one year and $8.3MM left on his contract.

Detroit needed to send out at least $7.5MM in matching salary to make the sign-and-trade work and Fontecchio’s contract fits nicely, cap expert Yossi Gozlan notes (Twitter links). The Heat will also come out with a trade exception in the deal, which Gozlan estimates will be worth $6.9MM.

The Heat now have 15 players on guaranteed contracts, while the Pistons are still operating with a few open roster spots and plenty of spending flexibility below the tax threshold.

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Raptors, Jakob Poeltl Finalize Extension

July 1st, 2025 at 1:43pm CST by Arthur Hill

July 8: The Raptors and Poeltl have officially finalized their new contract agreement, the team announced in a press release.

“Jakob has developed into one of the league’s top two-way centers and signing him to an extension was a top priority this offseason. As valuable as he is on the floor, we also really appreciate his leadership and experience off-court,” general manager Bobby Webster said in a statement. “Jak shares our goals – he wants to win as much we do, and we’re thrilled he’ll be a Raptor for seasons to come.”

“Toronto has always felt like home for me – I want to be a Raptor for life. Thanks to Bobby and team ownership for believing in me, and to the fans for their amazing support,” Poeltl added in a statement of his own. “We have a young core that’s full of potential and I believe we’re ready to take the next step. I can’t wait to get together back on the Scotiabank Arena court.”

July 1: Veteran big man Jakob Poeltl will sign a contract extension with the Raptors, sources tell Shams Charania of ESPN (Twitter link). Poeltl will pick up his $19.5MM player option for the 2026/27 season and add three more years to the deal.

According to Charania, the four years beyond ’25/26 will be worth $104MM in total, which means Poeltl is getting $84.5MM in new money on the three newly added seasons. That works out to roughly $28MM per season.

The deal includes a trade kicker, according to Michael Scotto of HoopsHype (Twitter link), who states that Poeltl hopes to play the rest of his career in Toronto. Jake Fischer of The Stein Line adds (via Twitter) that the final year is only partially guaranteed for $5MM, though that there are triggers that could increase that partial guarantee.

Agents Michael Tellem and Sam Goldfeder of Excel Sports considered several options for Poeltl, including an extension while declining the option, Charania adds (Twitter link), but the decision to opt in was made to give the Raptors more flexibility over the next two years.

The 29-year-old center put up career-best numbers this season, averaging 14.5 points and 9.6 rebounds in 29.6 minutes per night, but he was limited to 57 games. Josh Lewenberg of TSN Sports states (via Twitter) that Poeltl sat out games late in the season despite being healthy, which he likely wouldn’t have agreed to do unless he knew he had a new contract coming.

Poeltl has been the Raptors’ starting center since being acquired from San Antonio at the 2023 trade deadline. He’s a strong contributor on both ends of the court, shooting 62.7% from the field this season while posting 1.2 blocks and 1.2 steals per game.

Toronto refused to include Poeltl in recent trade talks with Phoenix involving Kevin Durant. The Suns reportedly asked for Poeltl and received a “firm” no from the Raptors.

The new contract means Poeltl can’t be traded for the next six months, according to cap expert Yossi Gozlan (Twitter link).

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Giannis ‘Not Pleased’ With Bucks’ Decision To Waive Lillard?

July 1st, 2025 at 11:44am CST by Luke Adams

Superstar Bucks forward Giannis Antetokounmpo is “not pleased” with the team’s decision to waive Damian Lillard, league sources tell NBA insider Chris Haynes (Twitter link).

In a shocking pair of moves, the Bucks will waive Lillard and stretch the $112MM+ remaining on his contract after the star point guard suffered an Achilles tear in April, and will sign standout free agent center Myles Turner to a four-year, $107MM deal using the newly created cap room.

The Bucks’ aggressive approach to the offseason was certainly fueled by a desire to stay in contention in the short term and take advantage of Antetokounmpo’s prime years, with Lillard likely to miss most or all of 2025/26. So if Giannis isn’t happy about any of their moves, that’s problematic.

Still, it’s worth noting that ESPN’s Shams Charania has indicated Antetokounmpo was on board with the acquisition of Turner. Within his story on the Bucks’ moves, Charania writes that Antetokounmpo and Turner “both valued the opportunity to partner on the court.”

During an appearance on NBA TV (Twitter video link), Haynes suggested that Antetokounmpo may simply be reacting to the coldness of waiving Lillard – an accomplished and respected veteran star – shortly after he suffered such a major injury.

“He just didn’t like how it was handled,” Haynes said.

For what it’s worth, Lillard might view the situation as a win-win, Marc J. Spears of Andscape tweets, since adjusting to Milwaukee away from his family after spending the first 11 years of his NBA career in Portland had been a challenge for him. Now, he’ll still be paid in full by the Bucks while getting to become an unrestricted free agent, which will give him the ability to pick his own situation.

Lillard is expected to take some time to decide whether he wants to sit out this season or sign a multiyear contract and spend the season rehabbing with a team, tweets Barry Jackson of The Miami Herald. The Heat are among the teams expected to have interest, per Tim Reynolds of The Associated Press (Twitter link), though Jackson says the Oakland native will be “open to considering everything presented.”

As for Antetokounmpo, we’ll see whether he comes around on viewing the Lillard release as a necessary evil to land a player like Turner or whether the situation escalates from here. During his NBA TV spot, Haynes referred to it as “one more thing added to the equation” for Giannis as he considers whether he wants his future to be in Milwaukee or elsewhere.

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Bucks To Waive Damian Lillard, Stretch Remaining Salary

July 1st, 2025 at 10:20am CST by Luke Adams

The Bucks are waiving injured point guard Damian Lillard and stretching the $112.6MM owed to him over the next two years across five seasons, reports ESPN’s Shams Charania (Twitter link).

The move will help create the cap room necessary in order for the Bucks to complete their four-year, $107MM deal with free agent center Myles Turner.

It’s a shocking development, but Milwaukee was expected to aggressive this offseason in its efforts to upgrade the roster and convince superstar forward Giannis Antetokounmpo that he can still contend for a championship with the Bucks. And Lillard, who sustained a torn Achilles during the first round of the playoffs this spring, wasn’t going to be able to contribute to a title chase in 2025/26, as he’ll almost certainly miss most or all of the season.

As we explain in our glossary entry, the stretch provision allows teams to spread out a player’s remaining guaranteed salary across twice the remaining years left on his contract, plus one. That means the Bucks will now carry cap hits of $22,516,603 for the next five seasons for Lillard, instead of paying him $54,126,450 in 2025/26 and $58,456,566 in ’26/27.

The move creates more than $30MM in extra spending flexibility for Milwaukee this season.

As Bobby Marks of ESPN notes (via Twitter), teams aren’t permitted to waive and stretch a player if the move would result in waived-and-stretched salary taking up more than 15% of a season’s cap. But 15% of this season’s cap works out to about $23.2MM, so Lillard’s figure sneaks in below that threshold.

This is the largest waive-and-stretch in NBA history, Marks adds (via Twitter).

A team that waives a player and stretches his salary isn’t permitted to sign him until after the original end date of his contract, so the Bucks wouldn’t be able to bring back Lillard this season or next season once he’s healthy.

Lillard, who will turn 35 this month, averaged 24.9 points, 7.1 assists, and 4.7 rebounds per game in 58 starts for the Bucks this season, posting a shooting line of .448/.376/.921. He missed time near the end of the season after being diagnosed with a blood clot in his calf. Although the star guard was able to return during the playoffs, he suited up in just three games before tearing his Achilles.

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Bucks, Myles Turner Finalize Four-Year Deal

July 1st, 2025 at 10:11am CST by Rory Maher

July 7: Turner is officially a Buck, per a press release from the team.

“We are thrilled that Myles chose our team and city!” general manager Jon Horst said in a statement. “He’s a winner and a dynamic player who fits us on both ends of the court. This is a big day for the Bucks and the Milwaukee community, and we are excited to welcome Myles and his family.”

July 1: Myles Turner is leaving Indiana after spending his entire 10-year career with the Pacers, according to Shams Charania of ESPN, who reports (via Twitter) that the veteran center has reached an agreement on a four-year, $107MM deal with the division-rival Bucks.

The contract will include a fourth-year player option and a 15% trade kicker, Charania adds.

According to Charania (Twitter links), Turner made it clear that he wanted to re-sign with the Pacers and tried to get a deal done with Indiana. However, ownership was reluctant to pay the luxury tax in 2025/26, particularly in the wake of Tyrese Haliburton‘s torn Achilles tendon.

Jake Fischer of The Stein Line also says (via Twitter) Turner wanted to remain with the Pacers, but hears they never offered him more than $60MM over three years.

Bucks GM Jon Horst worked with agent Austin Brown to secure Turner a nine-figure payday in a market with little cap space available, per Charania.

Turner’s floor-spacing and rim-protecting is somewhat similar to Brook Lopez, whom the Bucks lost to the Clippers in free agency. The big difference is Turner is 29, eight years younger than Lopez, and better fits Giannis Antetokounmpo‘s contention timeline.

Stunningly, the Bucks are waiving and stretching Damian Lillard — who also suffered a torn Achilles in the playoffs — to create the cap room necessary to sign Turner.

Turner helped the Pacers reach the NBA Finals for the second time in franchise history in 2024/25, pushing the heavily-favored Thunder to seven games before Haliburton’s untimely injury in the first quarter of the finale.

A former lottery pick (No. 11 overall in 2015), Turner averaged 15.6 points, 6.5 rebounds and 2.0 blocks on .481/.396/.773 shooting in 72 regular season games last season (30.2 MPG). In 23 playoff contests (29.3 MPG), Indiana’s longtime starting center averaged 13.8 PPG, 4.8 RPG and 2.0 BPG on .484/.344/.771 shooting.

This is just our speculation, but it’s possible that Indiana might pursue center Deandre Ayton in the wake of Turner’s departure. The Pacers are the team that signed him to a maximum-salary offer sheet three years ago and he’ll be a free agent soon after reaching a buyout with the Trail Blazers.

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Knicks Sign Guerschon Yabusele To Two-Year Deal

July 1st, 2025 at 10:05am CST by Luke Adams

July 6: Yabusele’s deal with the Knicks is now official, per NBA.com’s transaction log.

As we previously relayed, Yabusele is expected to take a little less than the full taxpayer mid-level exception in order to create some extra breathing room below the Knicks’ hard cap.

According to Fred Katz of The Athletic (Twitter link), Yabusele’s deal will be worth $5.5MM in year one and $5.775MM in year two.

July 1: The Knicks are in agreement on a two-year, $12MM deal with free agent forward/center Guerschon Yabusele, according to Shams Charania of ESPN (Twitter link), who reports that the new contract will include a second-year player option.

Based on their cap situation, the Knicks appear set to use their full taxpayer mid-level exception on Yabusele. That would work out to approximately $11.7MM over two seasons.

So far, Yabusele’s second stint in the NBA has gone much better than his first one. The Frenchman struggled to carve out rotation minutes when he became a Celtic at age 22 in 2017 after being drafted 16th overall a year earlier.

However, he was a revelation on a minimum-salary contract with the Sixers in 2024/25, averaging 11.0 points, 5.6 rebounds, and 2.1 assists in 27.1 minutes per game, with a .501/.380/.725 shooting line.

Yabusele has the size to match up with big men in the post and the athleticism to switch onto perimeter players, making him a valuable member of any frontcourt rotation. He’ll give the Knicks another option up front to supplement Karl-Anthony Towns and Mitchell Robinson, likely sliding into the spot previously held by Precious Achiuwa, who is currently a free agent.

According to Jake Fischer of The Stein Line (Twitter link), the Nuggets were New York’s top competition for Yabusele, with San Antonio and Milwaukee among the other clubs who expressed interest. The 29-year-old was the No. 22 free agent on our top-50 list.

Now that they’ve committed their taxpayer mid-level exception to Yabusele, the Knicks will be limited to minimum-salary signings (or trades) to fill out their roster.

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Thunder, Shai Gilgeous-Alexander Complete Four-Year Super-Max Extension

July 1st, 2025 at 9:06am CST by Luke Adams

July 8: Gilgeous-Alexander’s lucrative new four-year mega-deal is now official, the Thunder confirmed in a press release.

July 1: The Thunder and reigning Most Valuable Player Shai Gilgeous-Alexander have agreed to a four-year, super-max contract extension, reports Shams Charania of ESPN (Twitter link).

The contract will begin in 2027/28, adding four years to the two left on Gilgeous-Alexander’s current deal and locking him up through at least the ’29/30 season, with a player option for ’30/31, per Charania (Twitter video link).

While Charania refers to it as a $285MM payday for the Thunder star, the exact value of the contract will depend on where the 2027/28 salary cap ends up — Gilgeous-Alexander’s super-max extension will start at 35% of that season’s cap, with 8% annual increases from there. Charania’s projection assumes a 7% cap increase for next year, as projected by the NBA on Monday, followed by a 10% increase in 2027.

Gilgeous-Alexander, who will turn 27 later this month, is coming off one of the most successful seasons in NBA history. He racked up 32.7 points per game on a shooting line of .519/.375/.898 while also contributing 6.4 assists, 5.0 rebounds, 1.7 steals, and 1.0 block per contest.

He followed up that regular season performance this spring by averaging 29.9 PPG during the postseason and leading the Thunder to their first title in Oklahoma City.

Those performances earned Gilgeous-Alexander MVP honors in both the regular season and the NBA Finals, making him the 16th player in league history to win both awards in the same year. It hadn’t happened since LeBron James pulled off the feat during the 2012/13 season.

Gilgeous-Alexander actually met the performance criteria for a super-max contract (also known as a “designated veteran” deal) in 2024 by making an All-NBA team for a second straight season, but wasn’t permitted to sign his extension until this summer because he hadn’t yet met the service-time criteria.

A player with between seven and nine years of experience typically has a maximum salary of 30% of the cap, but can qualify for 35% by being named MVP, Defensive Player of the Year, or All-NBA in the most recent season or in two of the previous three seasons.

Gilgeous-Alexander had the option of waiting another year to sign his super-max extension — at that time, he could’ve added a fifth year, increasing the total projected value to nearly $370MM. However, it doesn’t come as a surprise that he opted not to leave this sort of payday on the table for another year.

The Thunder will now shift their focus to two other key extension candidates, as both Jalen Williams and Chet Holmgren are eligible this offseason for rookie scale extensions as they prepare to enter their fourth year in the NBA.

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NBA 2025 Free Agency: June 30 Recap

July 1st, 2025 at 12:40am CST by Luke Adams

Even after several of this year’s top free agents – including James Harden, Kyrie Irving, Naz Reid, Julius Randle, and Fred VanVleet – reached contract agreements with their respective teams well before the first day of free agency, it was still an eventful June 30 in the NBA, with news of deals coming in both before and after the free agent period officially got underway at 5:00 pm Central time.

Listed below are all the free agent agreements and other notable news items from the first day of free agency.

Free agent agreements

These deals aren’t yet official, so the reported terms could change — or agreements could fall through altogether. Generally speaking though, teams and players are on track to finalize these agreements sometime after the moratorium ends on July 6.

Note: Some of these salary figures may include options, incentives, or non-guaranteed money.

  1. Nickeil Alexander-Walker, Hawks agree to four-year, $62MM contract (sign-and-trade).
  2. Dorian Finney-Smith, Rockets agree to four-year, $53MM contract.
  3. Santi Aldama, Grizzlies agree to three-year, $52.5MM contract.
  4. Luke Kornet, Spurs agree to four-year, $41MM contract.
  5. Caris LeVert, Pistons agree to two-year, $29MM contract.
  6. Ty Jerome, Grizzlies agree to three-year, $27.7MM contract.
  7. Tre Jones, Bulls agree to three-year, $24MM contract.
  8. Clint Capela, Rockets agree to three-year, $21.5MM contract (sign-and-trade).
  9. Brook Lopez, Clippers agree to two-year, $18MM contract.
  10. Kevon Looney, Pelicans agree to two-year, $16MM contract.
  11. Jake LaRavia, Lakers agree to two-year, $12MM contract.
  12. Day’Ron Sharpe, Nets agree to two-year, $12MM contract.
  13. Ziaire Williams, Nets agree to two-year, $12MM contract.
  14. D’Angelo Russell, Mavericks agree to two-year, $11.7MM contract.
  15. Nicolas Batum, Clippers agree to two-year, $11.5MM contract.
  16. Paul Reed, Pistons agree to two-year, $11MM contract.
  17. Luke Kennard, Hawks agree to one-year, $11MM contract.
  18. Kevin Porter Jr., Bucks agree to two-year, $10.5MM contract.
  19. Gary Trent Jr., Bucks agree to two-year, $7.6MM contract.
  20. Tyus Jones, Magic agree to one-year, $7MM contract.
  21. Luka Garza, Celtics agree to two-year, minimum-salary contract.
  22. Taurean Prince, Bucks agree to two-year, minimum-salary contract.
  23. Cam Spencer, Grizzlies agree to two-year, minimum-salary contract.
  24. Trendon Watford, Sixers agree to two-year, minimum-salary contract.
  25. Bruce Brown, Nuggets agree to one-year, minimum-salary contract.
  26. Jeff Green, Rockets agree to one-year, minimum-salary contract.
  27. Nigel Hayes-Davis, Suns agree to one-year, minimum-salary contract.
  28. Aaron Holiday, Rockets agree to one-year, minimum-salary contract.
  29. Joe Ingles, Timberwolves agree to one-year, minimum-salary contract.
  30. Mason Plumlee, Hornets agree to one-year, minimum-salary contract.
  31. Jae’Sean Tate, Rockets agree to one-year, minimum-salary contract.
  32. Collin Gillespie, Suns agree to one-year contract.

Other notable headlines

  1. Nuggets agree to trade Michael Porter Jr., unprotected 2032 first-round pick to Nets for Cameron Johnson.
  2. Grizzlies agree to renegotiate, extend Jaren Jackson Jr.‘s contract (five years, $240MM).
  3. Suns, Hornets officially finalize Mark Williams trade.
  4. Lakers, Bulls officially finalize draft-night trade.
  5. Thunder wing Jalen Williams to undergo wrist surgery.
  6. Mike Brown to interview a second time for Knicks‘ head coaching job.
  7. Kings expected to sign Dennis Schröder, with a sign-and-trade scenario involving Malik Monk going to the Pistons potentially in play.
  8. Jazz buy out Jordan Clarkson; he’s expected to sign with Knicks.
  9. Jazz guarantee Svi Mykhailiuk‘s 2025/26 salary.
  10. Suns waive Cody Martin.
  11. Jazz waive Johnny Juzang.

Notably, five of the first 10 players in our list of this year’s top 50 free agents are still on the board as of late Monday night: Myles Turner, Josh Giddey, Jonathan Kuminga, Cam Thomas, and Quentin Grimes don’t yet have deals in place.

The full list of available free agents can be found right here.

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Jordan Clarkson Signs With Knicks

June 30th, 2025 at 8:51pm CST by Eli Cohen

July 7: Clarkson has officially signed with the Knicks, according to the NBA’s transaction log.

June 30: Jordan Clarkson will sign with the Knicks after he clears waivers, reports NBA insider Chris Haynes (via Twitter).

The Knicks had been expected to target Clarkson since news broke that he would be waived by the Jazz, writes Steve Popper of Newsday Sports (Twitter link). The veteran guard agreed to a buyout with Utah and was officially waived earlier today.

Ian Begley of SNY (Twitter link) confirms Popper’s report, saying that Clarkson had been considered a priority signing for the Knicks. Stefan Bondy of the New York Post reported (via Twitter) that the deal would likely be for the veteran’s minimum, around $3.6MM.

Clarkson averaged 16.2 points and 3.7 assists per game for the Jazz last season while shooting 36.2% from three. He played a career-low 37 games, with his season impacted both by injuries and by Utah’s tanking efforts.

The 2021 Sixth Man of the Year has been in Utah for over five years, with his best statistical season occurring in 2022/23, when he averaged 20.8 points, 4.4 assists, and 4.0 rebounds per contest. While he holds a career average of 2.9 assists per game, he became a better play-maker with the Jazz, whose point guard rotation was up-and-down during his tenure. He has averaged 4.5 assists to 2.7 turnovers over his last three seasons.

Clarkson brings a much-needed dose of ball-handling off the bench to the Knicks, whose reliance on star point guard Jalen Brunson at times left the team vulnerable to intense ball-pressure. A capable shot-creator, Clarkson will pair with fifth-year guard Miles McBride to firm up the Knicks’ depth as they look to build on last year’s Eastern Conference Finals run.

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