Groups Set For 2025 NBA Cup
The NBA has officially announced the six groups of five teams apiece for the 2025 Emirates NBA Cup, also known as the in-season tournament (Twitter link).
In order to set the groups, the league splits the Western and Eastern Conferences into five three-team tiers based on last season’s regular season standings, with one club from each tier randomly drawn into each of the conference’s three groups.
For instance, the top three teams from the West will all be in separate groups, with each of those three groups also featuring one team in the 4-6 range, one in the 7-9 range, and so on.
Here are the groups for the 2025 NBA Cup:
- West Group A: Oklahoma City Thunder (1), Minnesota Timberwolves (6), Sacramento Kings (9), Phoenix Suns (11), Utah Jazz (15)
- West Group B: Los Angeles Lakers (3), Los Angeles Clippers (5), Memphis Grizzlies (8), Dallas Mavericks (10), New Orleans Pelicans (14)
- West Group C: Houston Rockets (2), Denver Nuggets (4), Golden State Warriors (7), Portland Trail Blazers (12), San Antonio Spurs (13)
- East Group A: Cleveland Cavaliers (1), Indiana Pacers (4), Atlanta Hawks (8), Toronto Raptors (11), Washington Wizards (15)
- East Group B: Boston Celtics (2), Detroit Pistons (6), Orlando Magic (7), Brooklyn Nets (12), Philadelphia 76ers (13)
- East Group C: New York Knicks (3), Milwaukee Bucks (5), Chicago Bulls (9), Miami Heat (10), Charlotte Hornets (14)
The round-robin group play games will be starting a little earlier than usual this season and will run from October 31 to November 28. Each team will face the other four clubs in its group once, with the winners of each group and one wild card team from each conference advancing to the eight-team, single-elimination knockout round.
The full schedule of group play games can be viewed right here.
The quarterfinals will be played on December 9-10, with the semifinals and final to follow on Dec. 13 and Dec. 16, respectively, in Las Vegas. The knockout round games will all be aired by one of the NBA’s new broadcasting partners, Amazon Prime.
The Bucks won last season’s NBA Cup, with star forward Giannis Antetokounmpo earning MVP honors after leading Milwaukee to a victory over the Thunder in the championship game.
Kings Sign Drew Eubanks
The Kings have officially signed center Drew Eubanks, according to NBA.com’s transaction log. The move had been anticipated after the big man was waived last week by the Clippers.
Eubanks, 28, opened the 2024/25 season with the Jazz and appeared in 37 games for the club, averaging 5.8 points, 4.5 rebounds, and 1.2 assists in 15.4 minutes per contest.
His playing time dropped off after he was sent to the Clippers in a deadline deal — the 6’10” center averaged just 2.7 PPG and 2.4 RPG in 7.4 MPG across 24 appearances in Los Angeles and only saw garbage-time action in the playoffs for the Clippers. As such, it came as no surprise when L.A. opted to waive him before his $4.75MM salary for 2025/26 became guaranteed.
Eubanks will provide depth in the Kings’ frontcourt behind center Domantas Sabonis, giving the team a reliable veteran off the bench alongside young bigs Isaac Jones and Maxime Raynaud.
While the terms of his one-year deal haven’t yet been reported, it will almost certainly be a minimum-salary contract for Eubanks.
Contract Details: KPJ, J. Smith, Wiseman, Schröder, Stevens
Despite the fact that the Bucks used their room exception to complete the signing, guard Kevin Porter Jr. received the exact value of the bi-annual exception on his new two-year deal, Hoops Rumors has confirmed. The first year is worth $5,134,000, with a second-year player option worth $5,390,700. The move leaves roughly $3.65MM on Milwaukee’s room exception.
A player who re-signs with his previous team on either a one-year contract or a two-year deal with a second-year option is typically awarded the right to veto a trade for the rest of that season. However, Porter is one of a few players, along with Lakers big man Jaxson Hayes, who have waived that right as part of their new deals.
Sixers guard Eric Gordon and Raptors wing Garrett Temple have also given up that right to veto a trade, Hoops Rumors has confirmed.
We have more details on some of the recently signed contracts from around the league:
- Jabari Smith Jr.‘s five-year, $122MM rookie scale extension with the Rockets declines in the second season before increasing in each of the final three years, notes Mike Vorkunov of The Athletic. That dip in 2027/28 comes during the season in which an extension for Amen Thompson figures to be hitting Houston’s books — it could also be the final year of Kevin Durant‘s contract, if he signs a two-year extension with the team at some point.
- James Wiseman‘s new two-year, minimum-salary contract with the Pacers, which features a second-year team option, is partially guaranteed for $1MM in 2025/26, Hoops Rumors has learned. If Wiseman’s option for ’26/27 is exercised, that year’s salary would be partially guaranteed for roughly $1.13MM.
- Dennis Schröder‘s three-year deal with the Kings, which is worth exactly the three-year value of the mid-level exception ($44,427,600), is partially guaranteed for $4.35MM in the third year, tweets Michael Scotto of HoopsHype. Although the contract fits into the MLE, Sacramento is believed to have used an existing trade exception to accommodate the acquisition of Schröder.
- Isaiah Stevens‘ two-way contract agreement with the Kings will cover two years, according to Scotto (Twitter link).
Where Things Stand In NBA Free Agency
We’re now into the second week of the NBA’s 2025/26 league year, and while free agency has been resolved for many top players, there are still a number of intriguing names who don’t yet have new contract agreements in place.
Let’s check in on where things stand for some of those players…
The restricted free agents
While they’re not the only four restricted free agents still on the board, there are four names who make up the top tier of notable unsigned RFAs, with each of them ranking among our top 10 free agents as of June 30. Those four players are Josh Giddey (Bulls), Jonathan Kuminga (Warriors), Quentin Grimes (Sixers), and Cam Thomas (Nets).
The restricted free agent market will likely play out very slowly this summer, given that there are essentially no teams (with the possible exception of Brooklyn) in position to sign any one of those players to the kind of offer sheet that would give the player’s current team pause. Here’s what we know about each of those four RFAs:
Josh Giddey (Bulls)
The expectation is that Giddey will remain in Chicago, so it’ll just be a matter of figuring out exactly what his next contract looks like. His camp is reportedly hoping to match (or, presumably, exceed) the five-year, $150MM extension that Jalen Suggs signed with Orlando last fall. Whether the Bulls are willing to go that high in terms of annual salary and/or years remains to be seen.
Jonathan Kuminga (Warriors)
The Kings, Wizards, Heat, Bulls, Bucks, and Nets were among the teams said last week to have expressed varying level of interest in a sign-and-trade deal for Kuminga. However, some of those teams have since made moves that will make Kuminga a less appealing – or practical – fit.
Sacramento has reportedly been the most aggressive suitor for Kuminga so far, having “floated” the idea a package that included 2024 first-rounder Devin Carter and two second-round picks.
But with no deal imminent, the expectation is that the 22-year-old and his camp will meet at the Las Vegas Summer League with interested teams, including the Warriors. A return to Golden State remains very much in play despite Kuminga’s up-and-down tenure in Golden State so far.
Quentin Grimes (Sixers)
The Sixers remain very confident that they’ll re-sign Grimes sooner or later and have “splashed cold water” on possible sign-and-trade scenarios, league sources tell Tony Jones of The Athletic. As with Giddey, it seems like the main question with Grimes isn’t where he’ll end up, but what his new contract with his current team will look like.
Cam Thomas (Nets)
We’ve heard very little since free agency opened about Thomas. In a Bleacher Report stream last Thursday (YouTube link), NBA insider Jake Fischer said the Nets guard “does not really have a market, to my understanding.”
Brooklyn is the only team in the league operating below the minimum salary floor, so it’s not as if the Nets are going to be outbid by a rival suitor — it certainly seems as if the only way Thomas ends up on a new team this offseason is if Brooklyn doesn’t want to bring him back.
The veteran unrestricted free agents
The next four highest-ranked unsigned players from our top-50 list after those four restricted free agents are long-tenured veterans. Here’s what we know about those players:
Chris Paul
The Clippers, Suns, and Bucks have been the teams most frequently linked to Paul in recent days. Milwaukee probably offers the best path to a starting role, which is something that’s reportedly important to the longtime NBA point guard, but he also wants to be close to his family in Los Angeles, which could give an edge to those two Western Conference teams.
Russell Westbrook
Another L.A. native who would reportedly like to play closer to home, Westbrook was said to be drawing legitimate interest from the Kings, but that was when it looked like Sacramento was going to trade Malik Monk. If that doesn’t happen, there may not be a spot on the Kings’ backcourt (or on the team’s cap) for Westbrook.
Al Horford
While Horford has been linked to several teams in the last week or two, the one constant has been the Warriors, who continue to look like the frontrunner to land the big man if he doesn’t retire. Adam Himmelsbach of The Boston Globe (Twitter link) reported on Monday that Horford continued to mull his options, with no deal imminent.
I suspect Golden State wants to resolve its Kuminga situation before officially committing its taxpayer mid-level exception to Horford, since doing so would hard-cap the team at the second tax apron and potentially complicate its ability to match an aggressive offer sheet for Kuminga.
Malcolm Brogdon
Reporting on Monday indicated that the Clippers, Suns, Lakers, Warriors, Timberwolves, Bucks, Pelicans, and Kings have all conveyed at least some level of interest in Brogdon. With some other higher-profile guards still out there, Brogdon may be the Plan B for some teams, which would mean he’d have to wait for some of those other players to commit before his options really crystalize.
The two veteran guards who aren’t yet free agents
Damian Lillard is currently on waivers and Bradley Beal is still working on a buyout with the Suns, but the expectation is that both players will reach unrestricted free agency pretty soon.
Lillard is a bit of a wild card, since he’s likely to miss the 2025/26 season due to an Achilles tear. He hasn’t ruled out the possibility of signing with a team sooner rather than later, and there will certainly be no shortage of clubs who would welcome the opportunity to help him with his rehab process and get a leg up on retaining him for ’26/27. But he’s not the type of player who will help a team win in the short term.
Beal, on the other hand, is coming off a pretty solid offensive season and would become a much more valuable investment if he’s on a contract that’s closer to his minimum salary than his maximum. The Clippers, Lakers, Bucks, Timberwolves, and Warriors are among the teams believed to have interest in signing Beal.
With many of those clubs also eyeing Paul, Brogdon, or other guards, Beal may be the first domino to fall — if and when he finds a new team, the ones that miss out can shift their focus elsewhere in earnest. The Clippers are rumored to the favorites for Beal, per Kurt Helin of NBC Sports.
The trades that aren’t yet official
As our full breakdown of this offseason’s trades shows, there are only two agreed-upon deals that aren’t yet official: Denver’s acquisition of Cameron Johnson from the Nets, plus the Jonas Valanciunas/Dario Saric swap between the Nuggets and Kings.
There has been speculation that the Nuggets will combine both of those agreements into a single transaction to avoid creating a hard cap at the first tax apron. At the very least, as NBA insider Marc Stein tweets, Denver needs to get the Johnson/Michael Porter Jr. trade done before the deal with the Kings in order to be able to get below the first apron. That will allow the Nuggets to take back more salary than they send out for Saric.
The Nets may be thoroughly exploring scenarios for how to take full advantage of their current cap room before they finalize that trade with the Nuggets, since it will cut into their space significantly — swapping Johnson for Porter will use up $17MM+ of their room.
The delay on these deals is not an indication that the Valanciunas/Saric deal won’t eventually be finalized. Multiple reports have indicated it remains on track, despite Valanciunas’ reported desire to get out of his NBA contract and sign with the Greek team Panathinaikos. Multiple reports, including another one from Stein on Monday night (Twitter link), have also indicated that the Nuggets have told the veteran center they intend to keep him and want him to honor his contract.
For what it’s worth, a report from SDNA in Greece indicates that Panathinaikos was assured by Valanciunas’ representation that the Nuggets would let him out of his NBA deal and was surprised to find out that Denver hadn’t signed off on that plan at all.
Although those two Denver deals are the only ones we know about that aren’t official, that doesn’t mean there won’t be more trades still to come — the Clippers, Heat, and Jazz, for instance, agreed to a three-team trade on Monday and finalized it later in the day. It’s possible that more deals could be around the corner as teams and executives congregate for Summer League action.
Isaiah Stevens Signs Two-Way With Kings
July 8: Stevens’ two-way deal with Sacramento is official, per NBA.com’s transaction log. According to Michael Scotto of HoopsHype, it’s a two-year contract.
July 7: Isaiah Stevens will sign a two-way deal with the Kings, according to Jason Anderson of the Sacramento Bee and Sean Cunningham of KRCA News (Twitter links).
Stevens finished the season on a two-way with the Heat but didn’t receive a qualifying offer, which landed him in the unrestricted free agent pool.
Stevens, 24, appeared in three games with Miami last season. The point guard saw action in 33 regular season G League games with the Sioux Falls Skyforce, the Heat’s affiliate, and averaged 12.8 and 9.4 assists in 36.9 minutes per contest.
The six-foot Stevens, who went undrafted out of Colorado State, signed his two-way with Miami in late December.
Former Auburn center Dylan Cardwell signed one of the other two-ways from Sacramento. The third one remains unclaimed for the time being.
Free Agent Rumors: Guards, Kuminga, Pacers, Hayes
An expectation that Bradley Beal will soon become an unrestricted free agent is affecting the markets for free agent guards Chris Paul, Russell Westbrook, and Malcolm Brogdon, who are drawing interest from many of the same teams, writes Jake Fischer of The Stein Line (Substack link).
According to Fischer, the Clippers, Lakers, Bucks, and Timberwolves are among the teams expected to have interest in signing Beal if and when he finalizes a buyout agreement with the Suns, which seems increasingly likely. A previous report also identified the Warriors as a possible suitor for Beal, with the Heat viewed as less likely after their trade for Norman Powell.
The Clippers and Bucks are known to have interest in Paul, Fischer points out, so if Beal ends up with one of those teams, it would likely rule that club out for CP3, perhaps increasing the odds of the 40-year-old reuniting with the Suns.
As for Brogdon, he has the Clippers, Suns, Lakers, Warriors, Timberwolves, and Bucks are also among the teams that have registered some level of interest in him, along with the Pelicans and Kings, Fischer reports.
Free agents like De’Anthony Melton and Ben Simmons may also find themselves involved in this game of backcourt musical chairs, according to Fischer, who suggests that their potential landing spots should become more clearer once one or two of those top guards – starting with Beal – finds a new home.
Here are a few more notes on free agents from around the NBA:
- There was no traction on the Jonathan Kuminga front over the weekend, sources tell Anthony Slater of The Athletic (Twitter link). According to Slater, the Kings have been the most aggressive suitor for the Warriors restricted free agent so far, but nothing has come close. In fact, the market for all of the top restricted free agents remains “ice cold,” Slater adds.
- The Pacers are expected to reunite with a pair of familiar faces to fill out their frontcourt. Speaking to reporters today, president of basketball operations Kevin Pritchard said the club is planning to re-sign James Wiseman and that things are trending in the right direction with restricted free agent Isaiah Jackson (Twitter links via Tony East).
- Veteran center Jaxson Hayes gave up his right to veto a trade this season when he re-signed with the Lakers, reports Dan Woike of The Athletic (Twitter link). By default, a player re-signing with his previous team on a one-year contract gets a de facto no-trade clause, but a team can ask a player to waive that right as part of his new deal.
Pacific Notes: Collins, Beal, Warriors, Kuminga, Suns
The Clippers view John Collins as their likely starter at power forward, according to Law Murray and John Hollinger of The Athletic. Collins, who is being acquired from Utah in a three-team trade, brings an athletic presence to L.A.’s frontcourt and adds more size to a team that had trouble matching up with Denver in its first-round playoff series.
Collins can be effective next to starting center Ivica Zubac, the authors note, and provides a good complement to backup Brook Lopez, a free agent addition who can space the floor for Collins to operate in the low post. Having more reliable big men also means less time at power forward for Kawhi Leonard and less responsibility for James Harden to guard opposing fours.
Norman Powell, who’s being sent to Miami in the deal, put together an outstanding offensive season, but he was less effective after the All-Star break, Murray and Hollinger observe. Some of the decline was because he was slowed by knee and hamstring issues, while Leonard’s return from injury also contributed. The authors state that Powell’s age, availability and fit all made the Clippers hesitant to give him an extension heading into the upcoming season.
There’s more from the Pacific Division:
- The Clippers might pursue Bradley Beal if he reaches a buyout agreement with the Suns, but they’ll be limited because they only have $5.3MM of their non-taxpayer mid-level exception left to offer, notes Michael Scotto of HoopsHype (Twitter link). Scotto lists Malcolm Brogdon and Chris Paul as other free agent guards the Clippers have expressed interest in.
- The Warriors are also viewed as a potential landing spot for Beal, league sources tell Grant Afseth of RG. Golden State is still considered a strong candidate to add Boston center Al Horford, while landing Beal would provide another proven scoring threat to ease the Burden on Stephen Curry. The Warriors are also trying to determine how to handle restricted free agent Jonathan Kuminga, and Afseth echoes a recent report that sign-and-trade talks with the Kings and other teams haven’t resulted in much progress.
- Duane Rankin of The Arizona Republic looks at how the Suns are planning to rebuild around Devin Booker, who’s expected to receive a two-year, $150MM extension this summer.
Nuggets Will Complete Valanciunas Trade, Want To Keep Him On Roster
July 6: The Nuggets have informed Valanciunas’ representatives that they “fully intend” to have him honor his NBA contract and view him as a critical addition to their roster, reports Shams Charania of ESPN (Twitter link).
July 5: The Nuggets will complete their trade with the Kings for Jonas Valanciunas when the NBA lifts its moratorium on Sunday, league sources tell Marc Stein of The Stein Line (Twitter link).
Valanciunas has received an offer to join Panathinaikos in Greece, but Stein hears that Denver remains determined to have him honor his NBA contract and serve as Nikola Jokic‘s backup next season.
Valanciunas has two years left on his current deal, with a $10.4MM guaranteed salary for 2025/26 and a $10MM non-guaranteed salary in 2026/27. Regardless of his mutual interest with Panathinaikos, he can’t get FIBA clearance to sign elsewhere unless the Nuggets release him from that contract.
A report on Friday stated that the 33-year-old center had arrived in Athens and was preparing to undergo a physical and finalize a three-year deal worth 12 million Euros with the Greek team. Valanciunas didn’t speak with reporters at the airport and hasn’t commented on the situation since the trade to Denver was announced.
Michael Scotto of HoopsHype recently reported that the Nuggets have been trying to acquire Valanciunas for a couple of years to provide a sturdy veteran backup for Jokic. That was an area of need throughout last season and the playoffs, and they created room to take on Valanciunas’ salary by agreeing to send Michael Porter Jr. to Brooklyn in a deal for Cameron Johnson.
Sacramento will receive veteran big man Dario Saric in return for Valanciunas. Saric turned in a disappointing season after signing with Denver last summer, but he has been a productive reserve with several teams for the past few seasons.
Free Agency Notes: Yabusele, Knicks, Kings, Beasley, Turner
Guerschon Yabusele‘s two-year deal with the Knicks won’t use the full taxpayer mid-level exception, according to Stefan Bondy of The New York Post (Twitter link).
Yabusele’s slight discount will give New York the ability to fill out its 13th and 14th roster spots with one veteran-minimum contract and one rookie-minimum contract for one of the team’s (current or past) second-round picks while remaining below the team’s hard cap at the second tax apron.
[RELATED: NBA Minimum Salaries For 2025/26]
If Yabusele had received the full taxpayer mid-level, the Knicks would have been roughly $3.53MM below the second apron, so they could have signed one veteran-minimum player ($2.3MM) or one rookie-minimum player ($1.27MM), but not both until after the regular season began.
According to Bondy (Twitter link), Yabusele’s deal with the Knicks should still comfortably exceed the salary the Sixers offered him. Bondy says that Philadelphia’s offer – which Yabusele referred to as “really low” – as being worth the “$2.6MM minimum,” but the Frenchman’s minimum salary this season would actually be $2.4MM, so it’s possible Philadelphia went a little above that amount using his Non-Bird rights.
The 76ers likely didn’t want to hard-cap themselves by using any portion of their taxpayer mid-level exception before Quentin Grimes‘ restricted free agency is resolved.
Here are a few more notes and rumors related to free agency:
- Reporting out of Sacramento earlier this week seemed to suggest the Kings were aggressively pursuing Warriors restricted free agent Jonathan Kuminga, but subsequent reports have suggested nothing is close on that front. According to Matt George of ABC 10 in Sacramento (Twitter link), while the Kings still have interest in Kuminga, they’d be content to complete their Dennis Schröder acquisition and Jonas Valanciunas and then bring that roster into next season. That roster would include both Malik Monk and Devin Carter, who have both been the subject of trade rumors.
- While news of the federal investigation into Malik Beasley for gambling allegations didn’t go public until June 29, the NBA reached out to the Pistons “several” days before free agency opened to let the club know about it, per Mike Vorkunov, Jon Krawczynski, and James L. Edwards III of The Athletic. The two sides had been in talks on a three-year, $42MM contract that would’ve included a third-year team option, but it now seems unlikely that any team would move forward on a deal with Beasley until that investigation is resolved (assuming he’s cleared).
- The Bucks‘ four-year, $107MM agreement with Myles Turner has been the most surprising deal of free agency so far. Eric Nehm of The Athletic takes a closer look at just what it means for Milwaukee, breaking down Turner’s fit with the team at both ends of the court. While Turner has a similar skill set to former starting center Brook Lopez, the former Pacer is younger, more athletic, and more mobile, which should allow him to make a greater impact than Lopez as a screener and defender, Nehm writes.
Mike Brown Receiving Four-Year Deal From Knicks
Mike Brown‘s new contract with the Knicks will cover four years, according to reports from Casey Powell (aka CP The Fanchise) of Knicks Fan TV and Ian Begley of SNY.tv (Twitter links).
Powell suggests the deal will be in the range of $8-9MM annually, while Begley says it’ll come in slightly higher and will be worth $40MM in total value.
Word first broke on Wednesday that Brown was expected to become the Knicks’ next head coach, with a Friday report indicating that the two sides had verbally agreed on a deal that will be officially finalized early next week.
Brown was fired last season by the Kings during the first season of a three-year deal that paid him $8.5MM annually, so Sacramento will save some money via the set-off clause that applies to NBA head coaching contracts, notes Begley.
The Knicks, meanwhile, fired Tom Thibodeau with three years and $30MM left on his deal.
New York was one of just two teams to make a head coaching change this offseason, joining the Suns, who replaced Mike Budenholzer with Jordan Ott.
Three teams – the Kings (Doug Christie), Grizzlies (Tuomas Iisalo), and Nuggets (David Adelman) – retained their interim head coaches after making in-season changes. A fourth team, San Antonio, officially announced that Mitch Johnson would replace Gregg Popovich on a permanent basis after Johnson served as the Spurs’ head coach for most of 2025/26 while Popovich recovered from a stroke.