With NBA free agency in full swing, nearly every top player has already secured new deals, as teams anxiously bolster their rosters for the upcoming season. The offseason, which began just two weeks ago following the Boston Celtics’ victory over the Dallas Mavericks in the 2024 NBA Finals, has seen a whirlwind of activity.
Free agency negotiations opened on Sunday night at 6 p.m. ET, with teams permitted to negotiate with any player in the league. While agreements can be reached during this period, no contracts will be officially signed until the moratorium ends on July 6 at 12:01 p.m. ET, leaving a brief window for movements and last-minute changes. Nonetheless, several significant deals have already been announced, setting the stage for an eventful upcoming season.
Philadelphia 76ers Make Major Moves
One of the most notable agreements involves Paul George, who is set to join the Philadelphia 76ers. The All-Star forward has inked a four-year, $212 million contract with the team. The Los Angeles Clippers reportedly hesitated to match the offer, particularly when it came to securing the fourth year, paving the way for George’s move to the East Coast.
In Philadelphia, George will team up with Joel Embiid and Tyrese Maxey, creating a formidable trio with championship aspirations. The 76ers also solidified their commitment to Maxey, securing his future with a $204 million max extension. Maxey, who emerged as a key player for the team, was a restricted free agent this summer, making this deal a crucial step for the franchise.
LeBron James Stays with the Lakers
Amidst the flurry of movements, LeBron James has reaffirmed his commitment to the Los Angeles Lakers by agreeing to a two-year, $104 million deal. This contract not only ensures that James will remain a Laker for the near future but also allows him the possibility to test free agency again next season, providing flexibility for both the player and the team.
Klay Thompson Heads to Dallas
In another high-profile move, Klay Thompson is relocating to the Dallas Mavericks via a sign-and-trade deal. Thompson's departure from the Golden State Warriors marks the end of an era. During his time with the Warriors, he played an integral role in securing multiple championships for the team, and his presence will now bolster the Mavericks, who are looking to build on their recent success and aim for a deeper playoff run.
Oklahoma City Acquires Hartenstein
The Oklahoma City Thunder have also made waves by acquiring center Isaiah Hartenstein from the New York Knicks. Hartenstein, who signed a three-year deal worth $87 million, adds depth and skill to the Thunder’s frontcourt. His ability to protect the rim and contribute offensively will be crucial as Oklahoma City continues to develop its young core and aim for future success.
Market Slow for DeRozan
Despite the flurry of signings, some notable players remain available on the market. DeMar DeRozan is one such player. Likely to depart from the Chicago Bulls, DeRozan’s market appears subdued in the initial phase of free agency. However, given his talent and experience, it's expected that interest will build as teams look to fill their remaining roster spots.
As the moratorium approaches its end on July 6, teams and players alike are awaiting the official commencement of signing contracts, which will solidify the numerous agreements made thus far. With key players shifting to different teams and others reaffirming their loyalty, the upcoming NBA season promises to be as competitive and thrilling as ever.