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.
Jamir Watkins Signs Two-Way Deal With Wizards
Jamir Watkins has signed a two-way contract with the Wizards, per NBA.com’s transaction log.
Watkins was drafted 43rd overall by the Jazz last month as part of a deal that sent him to Washington along with Will Riley and two future second-round picks in exchange for the ability for the Jazz to draft Walter Clayton Jr.
Watkins played two years at VCU before transferring to Florida State for his final two seasons. In his time with the Seminoles, Watkins averaged 17.0 points, 5.9 rebounds, 2.6 assists, 1.6 steals per game and shot 33% from three.
Between his defensive production in college and his size at 6’6″ with a 6’11” wingspan, Watkins has the chance to be an impactful defender with enough scoring and ball-handling to offer interesting upside on a two-way deal.
The Wizards had previously announced the signings of No. 6 overall pick Tre Johnson and No. 21 overall pick Riley. Now all three of the team’s draft-day selections are officially under contract for next season.
As for the team’s two-way slots, Watkins and Jaylen Martin occupy two of them, with a two-way qualifying offer still on the table for Tristan Vukcevic.
Wizards’ Will Riley Signs Rookie Scale Contract
Will Riley has signed his rookie scale contract with the Wizards, according to NBA.com’s transaction log.
Riley was selected 21st in the 2025 draft by the Jazz as part of a deal that sent him to the Wizards along with the second-round pick that became Jamir Watkins and two future second-rounders.
A 6’8″ forward, Riley averaged 12.6 points, 4.1 rebounds, and 2.2 assists while posting .432/.326/.724 shooting splits to claim the honor of Big Ten Sixth Man of the Year for Illinois.
After impressing out of the gate, Riley slowed down in the middle of the season before putting together a strong close to the year. He averaged 16.3 points, 4.9 rebounds, and 3.3 assists in his final 13 games, including conference tournaments, before posting 22 points and four rebounds in Illinois’ March Madness opening win against Xavier, though he struggled in the Round of 32 loss to Kentucky.
Tre Johnson, the team’s No. 6 overall pick, also signed his rookie scale contract earlier this weekend, so this deal locks up both of the Wizards’ first-round picks ahead of Summer League.
As our breakdown of this year’s rookie scale shows, Riley is expected to earn $3.5MM in the first year of his deal and $17.2MM total over the course of his rookie deal.
Wizards, Pelicans, Rockets Compete Three-Team Trade
As expected, the Wizards have rolled a pair of trade agreements with the Pelicans and Rockets into the same deal, officially completing the two deals as a single three-team transaction, per a press release from New Orleans.
The terms of the trade are as follows:
Wizards acquire CJ McCollum, Kelly Olynyk, Cam Whitmore, and the Bulls’ 2027 second-round pick (from Pelicans).- Pelicans acquire Jordan Poole, Saddiq Bey, and the draft rights to Micah Peavy (No. 40 pick).
- Rockets acquire the draft rights to Mojave King, the Bulls’ 2026 second-round pick (from Wizards) and the Kings’ 2029 second-round pick (from Wizards).
The original trade agreement between Washington and New Orleans was reached on June 24, a day before the first round of the draft, with the Whitmore deal between Houston and Washington just agreed upon yesterday.
It was beneficial for the Wizards to combine the two deals into a single trade because they were sending out any matching salary to the Rockets for Whitmore. While they could have used one of several cap exceptions they had on hand to take on Whitmore’s $3.54MM salary for 2025/26, including him in this deal allows them to use their 125% allowance for Poole’s and Bey’s outgoing salary to acquire him, McCollum, and Olynyk.
The only new part of this deal is the Rockets acquiring the draft rights to King from New Orleans, which was necessary to ensure that Houston and New Orleans were “touching” as part of the three-team deal.
You can read our original story on the Wizards/Pelicans deal headlined by McCollum and Poole here, while our report on the Wizards’ deal for Whitmore is here.
Wizards’ Tre Johnson Signs Rookie Scale Contract
The Wizards have officially signed No. 6 overall pick Tre Johnson to a rookie scale contract, the team announced in a press release (Twitter link).
A 6’6″ shooting guard with a 6’10” wingspan, Johnson averaged 19.9 points, 3.1 rebounds and 2.7 assists on .427/.397/.871 shooting in 33 games (34.7 MPG) as a freshman for Texas in 2024/25.
The 19-year-old was named the SEC Freshman of the Year and made the All-SEC second team in his lone college season. While there have been some questions about Johnson’s inconsistent engagement level on defense, per Jonathan Givony of ESPN, the Dallas native is one of the best shooters and scorers in this year’s draft class.
As our breakdown of this year’s rookie scale shows, Johnson will likely earn $8.2MM as a rookie and $37.4MM over the course of his four-year rookie contract, with the final two seasons being team options.
Washington has yet to sign No. 21 overall pick Will Riley, but that transaction should be completed in the coming days.
Wizards Notes: Whitmore, Gill, Centers, Outlaw
The Wizards‘ acquisition of Cam Whitmore from the Rockets will be folded into a four-player trade with the Pelicans that was reported last month, a source tells Varun Shankar of The Washington Post (subscriber link). That deal sends Jordan Poole, Saddiq Bey and the 40th pick in this year’s draft (Micah Peavy) to New Orleans in exchange for CJ McCollum, Kelly Olynyk and a future second-round selection.
Combining the two trades into one will allow the Wizards to acquire Whitmore without using a separate trade exception or a portion of their mid-level or bi-annual exception.
Houston is trading Whitmore to a rebuilding team to give him a shot at increased playing time, but Shankar points out that it might be just as difficult for Whitmore to get on the court in Washington as it was during his two seasons with the Rockets. He views Bilal Coulibaly, Alex Sarr, Bub Carrington, Kyshawn George and lottery pick Tre Johnson as locks to be in the rotation.
Whitmore will have to compete with young prospects Will Riley, AJ Johnson, Justin Champagnie and Dillon Jones, along with McCollum and fellow veterans Khris Middleton, Marcus Smart, Corey Kispert and Richaun Holmes.
Shankar also points out that Whitmore and Coulibaly were part of the same draft class in 2023, which means they’ll both be eligible for rookie scale extensions next summer.
There’s more from Washington:
- The Wizards waived Anthony Gill last weekend to avoid paying his $2.5MM salary for the upcoming season, but he’s likely to be brought back as the team’s 15th man, Josh Robbins of The Athletic states in a mailbag column. A new deal will be a win for both sides, Robbins explains, as the 32-year-old forward will earn about $121K more on a veteran’s minimum contract and the league’s reimbursement policy will cause Gill to have a smaller salary cap hit. Washington has a minor roster crunch as a result of its moves so far, so the team would have to make additional trades or cuts to make room on the regular season roster for Gill.
- The Wizards aren’t likely to pursue another center to join Sarr, Olynyk and Holmes, Robbins states in the same piece. Even though Washington ranked near the bottom of the league in defensive rebounding percentage, Robbins notes that there’s not a strong incentive to win this season because the team’s first-round draft pick will convey to New York if it falls out of the top eight. Robbins adds that the Wizards didn’t try to sign any big men when free agency began, and he doesn’t expect that stance to change unless Olynyk or Holmes gets traded.
- Assistant J.J. Outlaw will serve as the Wizards’ Summer League coach, team sources tell Robbins (Twitter link). Outlaw joined Brian Keefe’s coaching staff last July after five seasons in Cleveland.
Rockets To Trade Cam Whitmore To Wizards
The Rockets have agreed to trade forward Cam Whitmore to the Wizards, reports Shams Charania of ESPN (Twitter link). According to Charania, Houston will acquire a pair of second-round picks in return.
Whitmore, a Maryland native who will turn 21 on Tuesday, was selected out of Villanova with the 20th overall pick in the 2023 draft. It was viewed as a steal at the time for the Rockets, given that the 6’7″ forward was widely viewed as a top-10 – or even top-five – pick leading up to the draft.
However, while Whitmore flashed some major upside as a scorer off the bench during his first two NBA seasons, he wasn’t able to carve out a consistent role for a deep Rockets team. He made a total of 98 appearances from 2023-25, averaging 10.8 points and 3.4 rebounds in 17.4 minutes per game, with a shooting line of .449/.357/.707.
The Rockets worked with Whitmore and his representatives in recent weeks in an effort to find a new home, per Charania (Twitter link). He should get an opportunity to play more significant – and more consistent – minutes for a rebuilding Wizards team that will be looking for some of its young players to establish themselves as long-term building blocks.
Moving Whitmore will help generate a little extra flexibility below a first-apron hard cap for a Rockets team that was expected to have to part with Whitmore or Jeenathan Williams to stay below that threshold once its reported deals for Kevin Durant and Clint Capela are official.
Houston will acquire Chicago’s 2026 second-round pick and Sacramento’s 2029 second-rounder in the deal, a league source tells Josh Robbins of The Athletic (Twitter link).
The Wizards, meanwhile, have no shortage of cap exceptions they could use to take on Whitmore’s $3.54MM salary without sending back a player themselves, but it sounds like they won’t need to use their mid-level, bi-annual, or existing trade exceptions. Varun Shakar of The Washington Post says this deal is expected to be folded into a larger trade with the Pelicans when it goes official.
Washington will have until October 31 of this year to decide whether or not to exercise Whitmore $5.46MM team option for the 2026/27 season. Assuming the Wizards pick up that option, he’ll become eligible for a rookie scale extension a year from now.
Chicago and Denver were reportedly among the other teams that expressed some level of interest in Whitmore before the Rockets made a deal with Washington.
Wizards Among Teams Eyeing Jonathan Kuminga
The Wizards are the latest potential suitor to emerge in the Jonathan Kuminga sweepstakes, according to Anthony Slater of The Athletic, who reports that Washington has entered the picture within the last 24 hours. The idea of the 22-year-old forward fitting into the Wizards’ rebuild has “gained real momentum,” sources tell Slater.
In addition to Washington, the Kings, Heat, Bulls, Bucks, and Nets have all expressed “varying levels” of interest in the Warriors‘ restricted free agent, Slater writes.
Confirming prior reporting out of Sacramento, Slater says the Kings floated an offer that would include 2024 first-round pick Devin Carter, veteran forward Dario Saric, and a pair of second-round picks. However, Golden State views that as a “buy-low” attempt, per Slater, who suggests the Pacific rivals haven’t gained any real traction.
Both the Warriors and Kuminga appear willing to be patient in the hopes of getting what they want out of the process, Slater explains. From the team’s perspective, that would mean acquiring a promising young player and a first-round pick in any sign-and-trade scenario. For Kuminga, the goal is ending up in a situation where he feels he has the full support of an organization and its coaching staff and can be a featured part of a team’s core.
If there’s no resolution by the time the Las Vegas Summer League tips off next week, the tentative plan is for Kuminga’s camp to have in-person meetings with interested teams in Vegas, Slater notes.
One of those meetings could involved the Warriors. As Slater details, the idea of the former No. 7 overall pick working out a deal to remain in Golden State isn’t off the table, so there has been talk of Kuminga, agent Aaron Turner, head coach Steve Kerr, and general manager Mike Dunleavy Jr. sitting down together in Vegas to discuss what a reunion might look like.
Kuminga appeared in just 47 games in 2024/25, having missed more than two months due to a badly sprained ankle. He had an inconsistent role when healthy, averaging 15.3 points, 4.6 rebounds, and 2.2 assists in 24.3 minutes per game, with a .454/.305/.668 shooting line.
Although he was out of the Warriors’ rotation entirely for some key games at the end of the regular season and in the postseason, Kuminga averaged 24.3 points per game on .554/.389/.720 shooting in his final four playoff games vs. Minnesota after Stephen Curry injured his hamstring, providing a reminder of his offensive upside ahead of his restricted free agency.
Free Agent Rumors: Kings, Schröder, Horford, More
Finding a point guard was a top priority for the Kings when free agency opened on Monday. According to NBA insider Chris Haynes (Twitter link), the team arranged meetings via Zoom with both Dennis Schröder and Russell Westbrook.
Sacramento was also planning to meet with Malcolm Brogdon, sources tell Jake Fischer of The Stein Line (Twitter link), who notes that the Wizards would be willing to accommodate a sign-and-trade deal involving Brogdon.
The Kings may end up adding more than one point guard, with Schröder looking like a lock to be one of them. Reports leading up to free agency indicated the two sides would likely agree to a two-year deal worth the full non-taxpayer mid-level exception, and Fred Katz of The Athletic (Twitter link) has since reported that Schröder will reach an agreement to sign with Sacramento.
Here are a few more free agent rumors from around the NBA:
- Al Horford is commanding a lot of attention, reports HoopsHype’s Michael Scotto (via Twitter). Scotto says that the Warriors, Knicks, Nuggets, Lakers, and Cavaliers have all expressed interest in luring Horford away from the Celtics since free agency opened, but Boston is also interested in retaining him, especially after losing Luke Kornet earlier in the day to the Spurs.
- After agreeing to sign Tyus Jones to be the team’s backup point guard, Tim Reynolds of the Associated Press hears that reserve big man Moritz Wagner is expected to return to the Magic (Twitter link). Orlando declined its team option on Wagner over the weekend, but retained his Bird rights. Jason Beede of the Orlando Sentinel echoes Reynolds’ report (via Twitter), saying that expects Wagner to re-sign with the Magic.
- The Warriors feel good about their chances of re-signing restricted free agent forward Jonathan Kuminga, according to ESPN’s Marc Spears (Twitter video link). Spears says the money Kuminga and his representatives are looking for does not seem to be on the market this summer, which could result in him remaining in Golden State.
Stein/Fischer’s Latest: Jerome, Kennard, Capela, Lakers, Bulls, More
In their latest round-up of scuttlebutt ahead of the start of free agency on Monday, Marc Stein and Jake Fischer of The Stein Line (Substack link) reiterate or confirm a few of the rumors that have been percolating in recent days, writing that Dennis Schröder appears to be on track to join the Kings on a two-year deal worth the non-taxpayer mid-level exception, while D’Angelo Russell is widely expected to join the Mavericks on a two-year deal that utilizes the taxpayer mid-level.
Stein and Fischer also stress that the Grizzlies are increasingly regarded as the favorites to land free agent guard Ty Jerome, with rival teams expecting him to sign for a deal in the neighborhood of $9-10MM annually (Twitter link).
Additionally, Stein and Fischer confirm that the Rockets are now eyeing Luke Kennard in addition to Dorian Finney-Smith. Besides Houston, the Hawks and Nuggets are considered potential suitors for Kennard, one of the league’s best outside shooters, according to The Stein Line duo.
Here are a few more fresh pieces of intel from Stein and Fischer:
- The Clippers are viewed as a viable candidate to land free agent center Clint Capela. Los Angeles is known to be in the market for an Ivica Zubac backup, with Drew Eubanks not expected to return.
- If the Lakers end up losing Finney-Smith in free agency, they’re expected to express interest in another talented perimeter defender, De’Anthony Melton, Stein and Fischer report. Dan Woike of The Athletic (Twitter link) has also heard that there’s mutual interest between Melton and the Lakers. The veteran guard signed for the full non-taxpayer mid-level a year ago, but seems unlikely to land another deal in that range after missing nearly the entire season with a torn ACL.
- There’s a “strong expectation” that free agent point guard Tre Jones will remain with the Bulls, Stein and Fischer say. K.C. Johnson of the Chicago Sports Network previously reported that the odds of a reunion between the two sides were rising following the team’s Lonzo Ball trade.
- The Bucks are working on potential Pat Connaughton trade scenarios and have a couple possible pathways to a deal, per Stein and Fischer. Milwaukee would likely have to attach a sweetener to move Connaughton, but perhaps could acquire a player in return who would upgrade the rotation.
- The Wizards have been gauging the trade market for a pair of veterans on expiring contracts, guard Marcus Smart and big man Kelly Olynyk, Stein and Fischer write. Olynyk technically isn’t even a Wizard yet, as the deal sending him from New Orleans to Washington will become official after the July moratorium — it sounds like there’s a chance he’s flipped to another team.
- DeMarre Carroll and former Wizards assistant Brian Randle are expected to have two of the front-of-bench spots on Jordan Ott‘s coaching staff, but the new Suns coach is still seeking a lead assistant who has previous head coaching experience, according to Stein and Fischer.