2025 NBA Free Agency Primer
While teams have been permitted to negotiate with their own free agents since the day after the end of the NBA Finals, the league’s 2025 free agency period officially begins on Monday at 5:00 pm Central time. Several contract agreements have been reported during the last week or two, but that number will significantly increase beginning on Monday evening.
Here are several links to prepare you for one of the most eventful days on the NBA’s offseason calendar:
- Top 50 Free Agents Of 2025
Our list has been updated to account for the latest option decisions and other roster moves, which means LeBron James – who opted in for 2025/26 and won’t be a free agent – is no longer our No. 1. - 2025 Free Agents By Position/Type
2025 Free Agents By Team
Want the full breakdown of players available this summer? Take your pick from these two lists. - 2025 Free Agent Tracker
We’re keeping tabs on all the reported free agent agreements here.
Note: Our more mobile-friendly tracker isn’t ready yet, so you’ll have to turn your phone sideways to see all the details here. - Key Offseason Dates/Deadlines
A breakdown of the important dates to watch beyond today. - Maximum Salary Projections For 2025/26
Minimum Salary Projections For 2025/26
Mid-Level, Bi-Annual Exception Projections For 2025/26
Our projections are based on a salary cap of $154,647,000 (ie. a 10% increase). We should find out in a matter of hours what the exact cap for 2025/26 will be. - Player Option Decisions For 2025/26
Team Option Decisions For 2025/26
The deadline for these decisions was on Sunday, so they’re all in now. - 2025 Qualifying Offer Recap
We have the full list of which players are becoming restricted free agents. - 2025 Offseason Trades
Ten trades have already been officially completed so far this offseason, with 13 others agreed upon and many more to come. - Outstanding Trade Exceptions
A number of teams have traded player exceptions available to take on salary without sending any salary back. - Players Eligible For Rookie Scale Extensions In 2025
Several of these players will receive big paydays this offseason, keeping them off the 2026 free agent market. - Early Salary Guarantee Dates For 2025
Teams will have to decide whether to guarantee these salaries or waive these players before their respective deadlines. - 2025 Offseason Preview Series
We took a closer look at all 30 teams’ cap situations and key offseason decisions. - Hoops Rumors Glossary
Need a refresher on how sign-and-trades work, what it means to have “Early Bird rights” on a player, how a team becomes hard-capped, or what exactly it means to operate over a tax apron? We explain all in our glossary.
Suns Placing Cody Martin On Waivers
The Suns are waiving Cody Martin, according to John Gambadoro of Arizona Sports 98.7 (Twitter link).
Martin’s $8.6MM salary for 2025/26 would have become guaranteed had he remained on Phoenix’s roster through June 30. Instead the Suns will cut him loose, making him eligible for unrestricted free agency in a couple days if he clears waivers, which seems likely.
Jake Fischer and Marc Stein of The Stein Line reported earlier this month that Martin had drawn interest from “several” teams as part of the wider trade talks involving Kevin Durant; the following day, Phoenix agreed to send Durant to Houston. Only one club was specifically mentioned as a possible Martin suitor at that time: the Heat.
Martin was acquired by Phoenix in February ahead of the trade deadline. He spent his first five-and-a-half seasons in Charlotte, the team that selected him 36th overall in 2019.
While the 29-year-old is a strong, versatile defender and solid play-maker, he hasn’t been much of a scoring threat in the NBA, holding career averages of 6.2 points, 3.7 rebounds, 2.2 assists and 1.0 steal on .436/.308/.661 shooting in 21.9 minutes per game across 259 appearances.
Martin has also been plagued by injuries the past few seasons, including a sports hernia ailment in 2024/25 which delayed his Suns debut. Still, he could hold appeal as a bench option for teams looking for defensive help.
Joe Ingles Re-Signs With Timberwolves
July 7: Ingles’ new deal with the Bucks is official, per NBA.com’s transaction log.
June 30: Joe Ingles will return to the Timberwolves on a one-year, $3.6MM contract, according to Shams Charania of ESPN (Twitter link). The deal was confirmed by agent Mark Bartelstein of Priority Sports.
It will be the 12th NBA season for Ingles, who saw limited playing time during his first year in Minnesota but was an inspirational figure in the locker room. The contract will be a veteran’s minimum deal and is projected to count for roughly $2.3MM against the cap.
Ingles, who’ll turn 38 in October, came to Minnesota as a free agent last summer. He only appeared in 19 games, averaging 0.8 points and 0.6 rebounds in 6.0 minutes per night. His lone start of the season was a heartwarming story, as coach Chris Finch inserted him into the starting lineup for a game in March because Ingles’ eight-year-old autistic son was able to attend.
Ingles, who has also been a member of the Australian national team since 2008, made his NBA debut with Utah in 2014 after nearly a decade of playing overseas. He spent eight seasons with the Jazz before moving on to Milwaukee in 2022 and Orlando in 2023.
Nets To Re-Sign Day’Ron Sharpe To Two-Year Contract
The Nets and free agent center Day’Ron Sharpe are in agreement on a two-year contract worth $12MM, according to Michael Scotto of HoopsHype (Twitter link). The second year of the deal will be a team option.
Sharpe has played a relatively modest rotation role and has battled some health issues since being selected 29th overall in the 2021 draft. In total, he has appeared in 191 games (14 starts) for the Nets across his four professional seasons.
The 23-year-old enjoyed a career year in 2024/25, averaging 7.9 points and 6.6 rebounds in 18.1 minutes per night. Sharpe had one of the NBA’s best offensive rebounding rates and had very strong on/off-court numbers. A Nets team that finished the season with a 26-56 record and a -7.3 net rating outscored its opponents by 2.1 points per 100 possessions when Sharpe was playing, which was – by far – the best mark of any rotation player who finished the season on Brooklyn’s roster.
Based on Sharpe’s promising numbers and his age, I had speculated that an eight-figure annual salary might be within reach for the big man, so the Nets did well to bring him back for a total of $12MM over two years. Another Nets free agent, Ziaire Williams, agreed to identical terms earlier today.
Although Sharpe had been eligible for restricted free agency, the Nets opted not to give him a qualifying offer over the weekend, so he’ll enter the new league year as an unrestricted FA. That was mostly a procedural move in order to maximize Brooklyn’s cap flexibility, since the team still had interest in retaining him, as this new agreement confirms.
Accounting for Williams’ and Sharpe’s tentative deals and Cam Thomas‘ cap hold, the Nets project to have roughly $37MM in cap room available, tweets ESPN’s Bobby Marks. That number could increase if the team uses its $8.8MM room exception to re-sign either Williams or Sharpe.
Suns Re-Sign Collin Gillespie
July 2: Gillespie’s deal is now official, per NBA.com’s transaction log. The fact that it was signed during the July moratorium signals that it is, as expected, a minimum-salary contract.
“Collin earned this opportunity with his work ethic, toughness, and the way he competes every single day,” Suns general manager Brian Gregory said within a press release confirming the signing. “He brings a gritty edge and a high-energy presence that lifts everyone around him. He plays with heart, battles on every possession, and is the kind of guy you want in your organization.”
June 30: Restricted free agent point guard Collin Gillespie has agreed to a guaranteed one-year contract to return to the Suns, sources tell Shams Charania of ESPN (Twitter link).
The lack of financial details in Charania’s report suggests it’ll probably be a minimum-salary deal for Gillespie, though that hasn’t been confirmed.
Even if it is worth the minimum, that will represent a substantial pay increase for the 26-year-old, who has played on three consecutive one-year, two-way contracts since entering the NBA as an undrafted free agent out of Villanova in 2022.
After spending two seasons in Denver, Gillespie joined the Suns last summer and enjoyed his best season as a pro. He averaged 5.9 points, 2.4 assists, and 2.4 rebounds in 14.0 minutes per game across 33 appearances (nine starts) and made 43.3% of his three-point tries.
Phoenix made Gillespie a restricted free agent over the weekend by tendering him a qualifying offer that would have been the equivalent of another one-year, two-way contract. Many two-way free agents end up simply accepting that QO, but Gillespie’s solid play in 2024/25 gave his representatives the leverage to negotiate a fully guaranteed standard deal and a spot on the Suns’ 15-man roster.
A one-year, minimum-salary contract would pay Gillespie a projected $2.38MM while counting against the cap for just under $2.3MM.
Lakers Expect To Lose Finney-Smith, Add Free Agent Center
The Lakers are preparing to lose free agent forward Dorian Finney-Smith, who has received strong interest from the Rockets, but his departure will open up a salary slot in their pursuit of a center, sources tell Dan Woike of The Athletic.
The Bucks‘ Brook Lopez and the Hawks‘ Clint Capela are among their targets, according to Woike, along with Deandre Ayton, who reached a buyout agreement with the Trail Blazers on Sunday. L.A. will have the $14.1MM non-taxpayer mid-level exception available as it goes shopping for a big man.
Woike hears that the Lakers want to preserve their future cap space in hopes of landing another star to pair with Luka Doncic, possibly next summer, so any deal with a center might be short term.
Lopez played for the Lakers during the 2017/18 season and has frequently been mentioned as a possibility to return. The 37-year-old is likely the best outside shooter on the market, connecting at 37.3% this season while averaging 13.0 points, 5.0 rebounds and 1.8 assists in 80 games.
Capela, 31, would bring more of a shot-blocking presence. He has been one of the league’s top rebounders, especially on the offensive glass, since coming to Atlanta in 2020, but his numbers were down across the board this season as his playing time declined to 21.4 minutes per night.
Ayton missed more than half the season due to a calf strain, but he’s only 26 and has put up good numbers when healthy throughout his career. The Lakers wouldn’t be able to reach a deal with Ayton until he completes the waiver process.
A source tells Woike that L.A. isn’t making calls to determine Austin Reaves‘ trade value after he turned down a four-year, $89MM extension offer. The Lakers still consider Reaves to be part of the future, per Woike, and expect to sign him to a larger deal when he becomes eligible.
As for Finney-Smith, Marc Stein – who previously identified the Rockets as a leading suitor for the veteran forward – reiterates (via Twitter) that the team is believed to readying a four-year contract offer for him. That offer is expected to be worth a significant portion of the non-taxpayer mid-level exception.
Jazz Waiving Johnny Juzang
The Jazz are placing guard/forward Johnny Juzang on waivers, sources tell Shams Charania of ESPN (Twitter link).
A decision was due today on Juzang, whose $2.84MM salary for the 2025/26 season would have become fully guaranteed if he hadn’t been cut by the end of the day, as our tracker of early guarantee dates shows. Now, Utah won’t be on the hook for any of that money.
Waiving Juzang will also help with the Jazz’s roster crunch. Entering the day, the team had 11 players on guaranteed contracts for ’25/26 and four on non-guaranteed deals, plus incoming first-round picks Ace Bailey and Walter Clayton Jr.
After playing sparingly in his first two NBA seasons, Juzang took on a more prominent role with the Jazz in 2024/25, averaging 8.9 points, 2.9 rebounds, and 1.1 assists in 19.8 minutes per game across 64 outings (18 starts). The 24-year-old posted a respectable shooting line of .429/.376/.849.
Juzang had signed a four-year, $11.4MM contract with Utah last summer, but only the first season was guaranteed. According to Charania, the former UCLA standout is expected to draw interest from teams. He’ll clear waivers on Wednesday if no club places a claim.
Scotto’s Latest: Alexander-Walker, Richards, Capela, Kennard, Shamet
Echoing multiple reports, Michael Scotto of HoopsHype confirms that the Hawks and Pistons are considered to be the front-runners for Timberwolves guard Nickeil Alexander-Walker, but he lists other contenders as well. League sources tell Scotto that the Clippers and Raptors remain in pursuit of Alexander-Walker along with other teams. He adds that the Magic were also interested before trading for Desmond Bane.
Toronto may be a surprise considering its position near the bottom of the standings this year, but the Raptors are reportedly determined to make a quick turnaround. Scotto notes that Alexander-Walker is a Toronto native and the franchise has a history of bringing in Canadian players, with four on the roster this season.
Scotto talked with several executives around the league who expect Alexander-Walker to sign for at least the $14.1MM non-taxpayer mid-level exception. League sources told Scotto they don’t expect him to return to the Wolves after they reached new deals with Naz Reid and Julius Randle.
Scotto shares more rumors as the start of free agency draws near:
- Center Nick Richards appears to be a trade candidate after the Suns drafted Khaman Maluach and agreed to acquire Mark Williams from Charlotte. Richards’ $5MM contract for next season became fully guaranteed on Sunday, and Scotto hears from league sources that the Knicks, Pacers and Lakers are among the teams with interest.
- Clint Capela isn’t expected to return to the Hawks in the wake of the Kristaps Porzingis deal, and Scotto lists the Clippers, Lakers and Spurs as teams to watch for the free agent center.
- Sources tell Scotto that Luke Kennard is likely to move on from the Grizzlies. The 29-year-old guard is one of the league’s top three-point shooters.
- The Knicks would like to keep free agent guard Landry Shamet, but he’s being eyed by several contending teams, Scotto adds.
Cam Whitmore Has Drawn Trade Interest From Bulls, Nuggets
The Bulls and Nuggets are among the teams that have registered some level of interest in Rockets forward Cam Whitmore, according to Michael Scotto of HoopsHype.
Kelly Iko of The Athletic reported last week that Houston had been engaged in trade discussions involving Whitmore. He’ll earn $3.54MM in 2025/26 with a team option for ’26/27 worth $5.46MM.
Whitmore, who will turn 21 next Tuesday, has seen limited playing time during his first two NBA seasons and has been unable to establish himself as a regular part of the Rockets’ crowded rotation. The former No. 20 overall pick appeared in 51 games this past season, averaging 9.4 points, 3.0 rebounds and 1.0 assists in 16.2 minutes per night with .444/.355/.750 shooting numbers. He was out of the rotation completely in the playoffs, making just three brief appearances.
According to Scotto, Whitmore was nearly sent from Houston to Phoenix in the Kevin Durant trade, but the Suns opted for additional second-round draft compensation instead.
The Bulls appear to be keeping an eye out for a forward who can score, having been also linked to Warriors restricted free agent Jonathan Kuminga earlier this offseason. While Isaac Okoro – who is more of a defensive specialist – doesn’t really fit that bill, it’s worth noting that Scotto says the Bulls’ interest in Whitmore predated their deal to acquire Okoro, so it’s unclear whether Chicago’s interest in a forward – and Whitmore specifically – persists.
The Nuggets, meanwhile, are looking to supplement a talented starting lineup with reliable depth options. While their pathways to upgrades via trades or free agency are limited, Whitmore’s salary is modest enough that he would be a realistic target.
Rival Teams Surprised By Statement From LeBron James’ Agent
LeBron James‘ decision to remain with the Lakers was expected, but the announcement that accompanied it has raised eyebrows around the league. James confirmed on Sunday that he’s picking up $52.6MM option to play a record-setting 23rd NBA season. The news came with a statement from agent Rich Paul indicating that James will be monitoring the team’s offseason moves to determine if it can be a title contender.
On this morning’s Hoop Collective podcast (YouTube link), ESPN’s Brian Windhorst said Paul gave advance notice about the statement to the Lakers and to Luka Doncic and his representatives. However, the rest of the league was caught off guard by what could be a veiled threat that James will ask for a trade if he’s not confident in the team’s direction.
“When this statement came out, I began to call teams,” Windhorst said (hat tip to RealGM). “And I don’t want to get into the who and what and who I talked to, but let’s just say I identified the handful of teams that I could see LeBron trying to be traded to. I’m not going to talk about which teams I talked to, but I did not find a team who was prepared for this. In other words, all of them that I talked to, I didn’t talk to 29 teams, I talked to a handful of teams and they were all caught flat-footed by this.”
Windhorst cites the Cavaliers as an example. There’s been speculation for years that James might want to finish his career close to home and return to the franchise that he led to its only NBA title in 2016. However, Cleveland agreed to trade for Lonzo Ball on Saturday and reached a new four-year contract with Sam Merrill. As Windhorst points out, those moves don’t indicate that the Cavs have any plans to bring back James.
The mechanics of a James deal would be complex due to his no-trade clause and his salary, even in the offseason when teams have more financial flexibility. Windhorst doesn’t believe the uproar over Paul’s statement will ultimately lead to a trade.
“There’s a few players in the league you can trade LeBron for in a one-on-one scenario,” he adds, “and I’ve talked to some of those agents and they in some cases talked to the teams of their players’ teams and I’ve found nothing indicating there was anything afoot here. In terms of a transaction, in terms of a trade.”
At age 40, James doesn’t have the influence that he once did, so the Lakers responded to Sunday’s declaration with the “equivalent of a shrug emoji,” according to Sam Amick of The Athletic. Even if it signifies that this will be James’ final season in L.A. — whether he retires or not — Amick believes the organization is more focused on keeping Luka Doncic happy.
Amick adds that Doncic is expected to sign a long-term extension when he becomes eligible on August 2, whereas the Lakers seem warier about continuing to a commit a max-level salary to James beyond the coming season.
Team sources tell Amick that James and the front office didn’t discuss any deals that would have locked him up beyond 2025/26. He adds that LeBron and his representatives made it clear months ago that he wouldn’t accept a discount just to stay in L.A.
Because James signed his current contract in July 2024, he won’t become extension-eligible before he reaches free agency in 2026.
Amick states that the Lakers need to be focused on their future, which means building the team around Doncic. Amick believes L.A. is monitoring Giannis Antetokounmpo to see if he eventually asks the Bucks for a trade and notes that Nuggets executive Josh Kroenke recently considered the possibility that he might one day have to part with Nikola Jokic, though Kroenke was referencing a hypothetical “nightmare scenario.”
Austin Reaves, who recently declined a four-year, $89MM extension offer in hopes of landing a larger contract next year, appears to be another key part of the Lakers’ future, so the team will have to prepare to give him a significant raise starting next season, Amick notes.