Transactions

Rockets Trading For Suns’ Kevin Durant

The Rockets are acquiring Kevin Durant from the Suns in exchange for Jalen Green, Dillon Brooks, the 10th pick in the 2025 draft, and five second-rounders, reports Shams Charania of ESPN.

The Heat were the other finalist for Durant, sources tell Charania.

According to John Gambadoro of Arizona Sports 98.7 (Twitter link), who reported this morning that Phoenix was “very close” to trading Durant, the second-round selections the Suns will receive are the 59th pick in this year’s draft, two picks in 2026, Boston’s selection in 2030, and Houston’s pick in 2032.

As ESPN’s Bobby Marks tweets, the blockbuster trade cannot be formally completed until July 6 due to the poison pill provision affecting Green’s rookie scale extension.

Durant, who turns 37 years old in September, has been on the trade block for months after Phoenix nearly sent him to Golden State prior to the February deadline, a move that reportedly fell apart after the former NBA MVP didn’t want to return to the Warriors, especially during the season. Four months later, he’ll be heading to Houston, one of three teams said to be on his wish list, along with San Antonio and Miami.

Although Durant will be entering his 19th NBA season this fall, he continues to perform at an All-NBA level. In 62 games for the Suns this past season, he averaged 26.6 points, 6.0 rebounds, 4.2 assists, and 1.2 blocks in 36.5 minutes per game, with an impressive shooting line of .527/.430/.839.

In Durant, Houston now has a star capable of creating his own shot and generating half-court offense, which was an issue for the team during its first-round playoff loss to Golden State this spring. While Green was Houston’s leading scorer during the regular season, he struggled in his first appearance on the postseason stage — he poured in 38 points in Game 2 but failed to score more than 12 points in any of the series’ other six games.

Still, Green is just 23 years old, so he has the potential to continue improving and expanding his game after averaging 20.1 points per contest on .422/.342/.799 shooting in his first four NBA seasons.

According to Marc Stein of The Stein Line (Twitter link), although Jabari Smith Jr. was among the young Rockets players the Suns were reportedly interested in, Houston was insistent on only doing a Durant trade if Green was the only member of its young core it gave up.

Phoenix now has a crowded shooting guard depth chart, with Green joining Devin Booker and Bradley Beal on the roster, but Gambadoro tweets that there are no plans to flip Green to another team and that he’ll play alongside Booker in the Suns’ backcourt. There has been an expectation that Beal won’t return to the club next season, though his contract (which includes a no-trade clause) will make him difficult to move.

Besides Green, the Suns are also adding a solid defensive wing in Brooks and a lottery pick in this week’s draft, which will put them in position to add another promising young prospect to their core.

Durant will be on an expiring $54.7MM contract, so the Rockets will likely make an effort to extend his deal beyond 2025/26. As Marks tweets, the star forward will be eligible for a two-year extension worth roughly $122MM as of July 6. If he were to wait six months, his maximum extension would be worth a little more, though the difference would be minimal (approximately $2MM).

Green’s three-year, $105.3MM rookie scale extension will go into effect this July. That deal includes a third-year player option and a 10% trade kicker, though that bonus will likely have to be eliminated or amended in order to make this trade work, Marks notes.

Brooks, who is on a descending contract, is owed about $41.1MM in base salary over the next two seasons, with an additional $2MM in incentives ($1MM per year) for making the first round of the playoffs.

Because Houston achieved that feat this season and Phoenix didn’t, that bonus will change from “likely to be earned” to “unlikely” as a result of the trade, reducing Brooks’ 2025/26 cap hit by $1MM. That will be a key to making the trade legal for the Suns, who can’t take back more salary than they send out as long as they continue to operate over the second tax apron, Marks adds (via Twitter).

According to Barry Jackson of The Miami Herald (Twitter links), the Heat improved their offer for Durant in recent days and received consideration from the Suns, but their offer ultimately couldn’t compete with Houston’s. Jackson suggests Miami was unwilling to include multiple first-round picks and young players in its package, while Anthony Chiang of The Miami Herald (Twitter link) hears that the Heat’s unwillingness to include center Kel’el Ware was among the sticking points that led to Phoenix going in a different direction.

The Timberwolves were also involved in the Durant sweepstakes, but with no assurances from Durant that he actually wanted to be in Minnesota, they seemingly didn’t get all that close to making a deal, tweets Jon Krawczynski of The Athletic.

The Spurs, Raptors, and Clippers were among the other teams who were said to have interest in Durant before the Suns reached an agreement with the Rockets.


Luke Adams contributed to this story.

Nuggets’ Dario Saric Picks Up Player Option

Nuggets reserve big man Dario Saric has picked up his $5.4MM player option for the 2025/26 season, sources inform Marc Stein of The Stein Line (Twitter link).

Saric was inked to a two-year, $10.6MM deal last summer via Denver’s taxpayer mid-level exception. He was a relative disappointment, and quickly fell out of the team’s rotation.

The 31-year-old played just 16 regular season contests, averaging 3.5 PPG, 3.1 RPG, and 1.4 APG in 13.1 MPG. He was out of David Adelman‘s playoff lineups entirely. Instead, power forward Aaron Gordon was often used as a small-ball center to back up three-time MVP starting five Nikola Jokic in the postseason.

Saric’s deadline to make a decision on the contract was June 29. Denver’s new-look front office, led by interim general manager Ben Tenzer, presumably isn’t surprised that he opted to lock in the security of the deal, since he would’ve been unlikely to earn more than the veteran’s minimum in free agency this summer.

For his career, the 6’10” big man boasts averages of 10.4 PPG and 5.3 RPG, and is a 36% three-point shooter on 3.6 triple tries a night. He could have some intriguing upside to another team, if Denver can find a destination to reroute his salary this offseason, but he’ll have negative value on the trade market.

Bucks’ Pat Connaughton Opts In For 2025/26

Bucks guard/forward Pat Connaughton has picked up his 2025/26 player option, reports Shams Charania of ESPN (Twitter link). The move locks in Connaughton’s salary of $9,423,869 for next season and puts him on track to reach unrestricted free agency in 2026.

Connaughton’s option decision comes as no surprise. He played a key role on Milwaukee’s championship team in 2020/21 and had a career year in ’21/22, when he averaged 9.9 points per game on .458/.395/.833 shooting, but his playing time and his production have dropped off significantly since then.

This past season, the 32-year-old wing averaged just 5.3 points, 2.7 rebounds, and 1.7 assists in 14.7 minutes per game across 41 outings. His 32.1% three-point percentage was his worst mark since his rookie year in 2015/16.

Since Connaughton wasn’t going to receive a starting salary of $9.4MM if he had become a free agent, it makes sense for him to take the guaranteed money by exercising his option.

Now, the decision on Connaughton’s future is back in the Bucks’ hands. He’ll likely be a trade candidate on that $9.4MM expiring contract as Milwaukee looks to reshape its roster and remain in the playoff picture while Damian Lillard recovers from an Achilles tear. Given his drop-off in minutes and effectiveness, Connaughton won’t have any trade value on his own, but his deal could be used for salary-matching purposes.

As our player option tracker shows, Connaughton is one of three Bucks players with an option decision to make this month. Bobby Portis ($13.45MM) and Kevin Porter Jr. ($2.55MM) are viewed as good bets to opt out in search of more lucrative multiyear deals.

Mavs’ Dwight Powell Picks Up Player Option

June 21: Powell has officially exercised his option, according to Jake Fischer of The Stein Line (Twitter link).


June 20: Mavericks center Dwight Powell is exercising his player option for the 2025/26 season, reports Mark Stein of The Stein Line (via Twitter). Powell had until Tuesday to make a decision on the option, which will pay him $4MM next season.

Powell, Dallas’ longest-tenured player, appeared in 55 games for head coach Jason Kidd last season, averaging 2.1 points, 2.1 rebounds, and 1.0 assist per game in 10.0 minutes per night.

Powell has been with the Mavericks since the 2014/15 season, when he was traded from Boston to Dallas in a mid-season deal. He was a regular starter for the club as recently as the 2022/23 season, but has seen his playing time decline within the last couple years.

The Mavericks have Anthony Davis, Dereck Lively II, and Daniel Gafford all currently under contract at the center position and are on track to draft Cooper Flagg, who is expected to play minutes at power forward.

Powell’s return will give the Mavericks some depth in case of injury, as well as a veteran who can help instill Kidd’s schemes, assuming he remains on the roster. The big man, who will turn 34 next month, could also end up becoming a trade candidate if the team faces a cap or roster crunch this summer.

If he plays out his contract, Powell will be extension-eligible during the 2025/26 season and would become an unrestricted free agent next summer.

Powell is one of two Mavs who holds a player option for ’25/26. Teammate Kyrie Irving also has a decision due by Tuesday.

Pelicans, Pacers Complete Draft-Pick Swap

2:23 pm: The trade is official, the Pelicans confirmed in a press release.


12:51 pm: The Pelicans and Pacers have agreed to a trade, according to ESPN’s Shams Charania, who reports (via Twitter) that Indiana is sending the No. 23 overall pick in this year’s draft to New Orleans, along with the draft rights to 2023 second-round pick Mojave King.

In exchange, the Pelicans will trade Indiana’s 2026 first-round pick back to the Pacers. That pick, which was originally sent to Toronto with top-four protection as part of the Pascal Siakam blockbuster at the 2024 deadline, was flipped to New Orleans at the 2025 deadline in the Brandon Ingram deal.

The deal will give the Pelicans some extra ammunition in this year’s draft. New Orleans also controls the No. 7 overall pick but previously traded away its second-rounder. The Pelicans will now have an opportunity to add two of the top 23 players from the 2025 draft pool, assuming the front office hangs onto both picks.

King, who was the 47th overall pick in the 2023 draft, has played in the G League, New Zealand, and Puerto Rico in the past two years. Although he’s not considered an elite draft-and-stash prospect, the 6’5″ guard is still just 23 years old, so it’s not out of the question that he’ll sign an NBA contract at some point.

As for the Pacers, the deal accomplishing two things. For one, it will remove a cap hold of roughly $3.24MM from their books for 2025/26, tweets ESPN’s Bobby Marks. That will give the team slightly more cap flexibility as it looks to re-sign Myles Turner without going too deep into luxury-tax territory.

Additionally, as Kevin O’Connor of Yahoo Sports tweets, the move will free up more of the Pacers’ future first-rounders for trade purposes. Previously, due to the Stepien rule that prevents teams from leaving themselves without a pick in the first round of consecutive future drafts, the Pacers wouldn’t have been able to offer more than two first-rounders unconditionally in any trade package. Now they could offer up to four (2026, 2028, 2030, and 2032).

While teams typically aren’t permitted to make trades between the in-season trade deadline and the end of their season, the Pacers can make this deal while they remain alive in the NBA Finals because it doesn’t involve any players on their 15-man roster.

Magic Declining Options On Gary Harris, Cory Joseph

The Magic are declining their options on the contracts of guards Gary Harris and Cory Joseph for next season, Michael Scotto of HoopsHype tweets. Harris’ team option is worth $7.5MM, while Joseph’s is equivalent to his minimum salary ($3.47MM).

Neither move comes as a surprise. Harris, 30, had a limited role this season and once again battled injuries. He saw action in just 48 games this season, averaging just 3.0 points in 14.8 minutes.

In previous seasons, Harris was at least a part-time starter. He recently expressed a desire to stay in Orlando, but if he does, it’ll come at a reduced salary.

“I love Orlando,” Harris said earlier in the spring. “My kids love it here. It’s been great to be a part of what we’ve been building here in this city, but you know how the league is. There’s a lot uncertain. You never know what’s going to happen. So all I can do is control what I can, continue to put the work in [and] stay ready for whatever the future may hold. But I definitely love my time here in Orlando, so we’ll see if it continues.”

Joseph, 33, received some unexpected playing time due to injuries. He averaged 3.5 points and 1.4 assists in 12.2 minutes per game, appearing in 50 contests (16 starts).

These moves are a byproduct of the Desmond Bane blockbuster trade with the Grizzlies. Orlando will presumably be looking to stay below the luxury tax line and avoid operating in apron territory — declining these options will assist that cause. Bane has a $36.7MM salary for next season.

Magic Acquire Desmond Bane From Grizzlies In Three-Player Deal

4:02 pm: The trade is now official, per a Magic press release (Twitter link).


10:14 am: The Grizzlies will trade Desmond Bane to the Magic in exchange for Kentavious Caldwell-Pope, Cole Anthony, four unprotected first-round picks and one first-round pick swap, according to Shams Charania of ESPN (Twitter link).

Memphis will receive the 16th selection in this year’s draft, along with a “most favorable” 2026 first-round pick that will likely be Phoenix’s and unprotected first-rounders from Orlando in 2028 and 2030, Charania adds, noting that there’s light protection on the pick swap in 2029 (Twitter link).

Bane provides a potent offensive weapon for a Magic team that often struggled to score. He averaged 19.2 points, 6.1 rebounds and 5.3 assists in 69 games this season with a .484/.392/.894 shooting line. He’ll be another scoring threat to team with Paolo Banchero and Franz Wagner and should be a good complement to defensive specialist Jalen Suggs in the backcourt as Orlando looks to become a contender in what should be a weakened Eastern Conference.

The 27-year-old guard just completed the first season of a five-year, $197.2MM extension, so Orlando will be getting the security of a long-term contract. Bane will make $36.7MM next season, with that number rising to $44.9MM in the final year of his deal in 2028/29.

Caldwell-Pope wasn’t able to provide the Magic with consistent backcourt scoring after being signed away from Denver last offseason, but Charania notes that he’s a strong defensive wing who’ll bring championship experience to Memphis. Caldwell-Pope, 32, appeared in 77 games this season, averaging 8.7 PPG, his lowest scoring average since his rookie season. He shot 43.9% from the field and 34.2% from three-point range, significantly below the numbers he posted during his two years in Denver.

Caldwell-Pope has two years left on the deal he signed last summer and will earn $21,621,500 in each of the next two seasons.

Anthony has been a productive scorer during his five years in Orlando, but his playing time (18.4 minutes per game) and scoring average (9.4 PPG) both hit career lows this season. The 25-year-old guard will provide Memphis with instant offense off the bench and will make $13.1MM next season with a $13.1 team option for 2026/27.

Cap expert Yossi Gozlan tweets that the trade can be processed right away rather than waiting for the moratorium to be lifted on July 6. He adds that the Magic are required to do a 100% salary match because they project to be above the $195.9MM first apron next season. As a result of aggregating salaries, they will be hard-capped at the $207.8MM second apron in 2025/26, but can escape the luxury tax by declining team options on Moritz Wagner ($11MM) and Gary Harris ($7.5MM).

Gozlan also states that Orlando’s combined salary and tax bill could top $350MM in 2026/27 once Banchero’s expected max extension kicks in (Twitter link).

In addition, Gozlan notes that the deal will impact a possible renegotiation and extension for Jaren Jackson Jr. by decreasing the Grizzlies’ available cap space from $6.9MM to $4.5MM. Additional trades may be necessary to free up more money for Jackson.

ESPN’s Bobby Marks points out (via Twitter) that Bane has a 15% trade bonus in his contract, but it will be voided because it would push his salary over the maximum.

Steven Adams Signs Three-Year Extension With Rockets

10:00 pm: The extension is official, according to NBA.com’s transaction log.


1:35 pm: The Rockets and Steven Adams have agreed to a contract extension, according to Shams Charania of ESPN, who reports that the veteran center will receive a three-year, $39MM deal.

Adams’ extension is fully guaranteed, sources tell Charania, and does not feature a player or team option, per Kelly Iko of The Athletic (Twitter link). The big man from New Zealand earned $12.6MM this past season.

As ESPN’s Bobby Marks notes (Twitter link), Adams was extension-eligible until June 30, the last day of the current league year.

Adams, who turns 32 years old next month, missed about half of the 2022/23 season with a knee injury. That same injury, which eventually required surgery, kept him on the shelf for the entire ’23/24 campaign. After a 21-month absence, he returned to action in late October.

The Rockets brought Adams along slowly to open ’24/25, frequently giving him extra rest days and limiting his playing time. He wound up making 58 regular season appearances and averaging a career-low 13.7 minutes per game.

While his production looked fairly modest on the surface — he averaged 3.9 points and 5.6 rebounds — Adams quietly posted the best offensive rebounding percentage of his career. His +9.4 net rating during the regular season and +14.1 mark in the postseason were both team highs, making him a key reserve for Houston.

GM Rafael Stone said retaining Adams would be a high priority this offseason, and subsequent reporting confirmed as much. Instead of becoming an unrestricted free agent, he opted to remain with the Rockets.

While there has been no indication that Houston is interested in trading Adams, it’s worth noting that, depending on the structure of the deal, he may remain trade-eligible after signing his new extension (assuming his annual raises don’t exceed 5%). Had he re-signed with the team as a free agent, he would not have been trade-eligible until December 15.

Nuggets’ Russell Westbrook To Opt Out Of Contract

Nuggets point guard Russell Westbrook won’t exercise his $3.47MM player option for the 2025/26 season, league sources tell Marc Stein of The Stein Line (Twitter link).

Declining that option will put Westbrook on track to become an unrestricted free agent this summer. He would have the opportunity at that time to either re-sign with Denver or join a new team.

Westbrook, 36, played a significant role for the Nuggets after signing with the team as a free agent during the 2024 offseason. He averaged 13.3 points, 6.1 assists, 4.9 rebounds, and 1.4 steals in 27.9 minutes per game across 75 appearances (36 starts) during the regular season, with a .449/.323/.661 shooting line. He also contributed 11.7 PPG, 2.6 APG, and 3.7 RPG in 13 playoff contests (24.1 MPG).

A former MVP and a nine-time All-Star, Westbrook is a polarizing player for a future Hall of Famer. He was lauded by coaches and teammates in Denver this past season for his energy, competitiveness, and leadership, and remains an excellent play-maker and an elite rebounder at his position. However, he’s also an inefficient scorer whose high-energy style often results in out-of-control plays and a high turnover rate.

Despite his flaws, Westbrook has been a great value on minimum-salary contracts in recent years after earning the maximum for much of his playing career. Since being bought out by the Jazz in 2023, he has opted for situations with the Clippers and Nuggets where he can play a major role on a team with championship aspirations. If money were more of a priority, Westbrook could likely have done better than the veteran’s minimum on the open market over the last couple seasons.

His decision to decline his option doesn’t come as a major surprise, since his $3,468,960 option was based on a 5% raise on this past season’s minimum salary. With the salary cap expected to rise by 10%, Westbrook’s new minimum projects to be $3,634,153, so even if he wants to remain with the Nuggets, opting out to sign a new contract makes sense.

It’s also worth noting that if Westbrook signs a one-year minimum-salary deal with Denver or another team, his cap hit for 2025/26 would be just $2,296,274. If he signs another one-plus-one contract that includes a second-year option, his cap charge would be equivalent to his actual salary, whether or not he earns the minimum.

Westbrook is currently recovering from a procedure to repair multiple ligament tears in his right hand.

Pelicans Re-Sign Kylor Kelley

The Pelicans have brought back center Kylor Kelley for the final day of the 2024/25 season, signing him to a new contract via the hardship exception, the team announced in a press release.

Kelley signed a 10-day hardship contract with the Pelicans on April 3. Over the course of that deal, which expired on Saturday night, he appeared in two games, averaging 3.5 points and 6.5 rebounds in 22.0 minutes per contest.

Kelley, who went undrafted out of Oregon State in 2020, made his NBA debut earlier this season while on a two-way deal with the Mavericks. He has also played in the G League and a handful of other non-NBA leagues – including in England and Denmark – since going pro.

While Kelley’s latest contract is referred to as a “10-day” deal because it’s signed using the hardship exception, it’ll only actually cover one day, paying him $66,503, before it expires. As of Monday, the 27-year-old big man will once again be a free agent, with New Orleans not holding any form of Bird rights on him entering the offseason.

The Pelicans qualify for a hardship exception, which allows them to exceed the usual 15-man standard roster limit, because they have at least four players affected by long-term injury absences.