Give and Go: Takeaways from Las Vegas Summer League's first weekend
4:13 | NBA
Give and Go: Takeaways from Las Vegas Summer League's first weekend
Tuesday July 19th, 2016

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NBA free agency is winding down, billions of dollars have been spent, and there are still some moving parts on the board.

The biggest question was answered when Kevin Durant announced his decision to leave the Thunder to sign with the Golden State Warriors.

A leap in the salary cap has caused teams to hand out record amounts of money to players. Dwyane Wade is leaving Miami for Chicago. The San Antonio Spurs have traded Boris Diaw and signed Pau Gasol. Mike Conley, the top free-agent point guard, is back with Memphis on the most lucrative contract in league history.

Check back on this page for the latest rumors from around the league. For more, also be sure to check out SI’s ranking of the top 50 free agents.

Grading biggest deals | Free agent tracker | Salary cap FAQ

Latest news and rumors

• Barcelona guard Alex Abrines will join the Thunder next season. Oklahoma City drafted Abrines with the 32nd pick in the 2013 draft. (Sportando)

• Magic guard Jodie Meeks had a second surgery on his right foot, the Magic announced. Meeks was acquired from the Pistons on June 29 for a conditional second-rounder and played just three games last season after breaking the foot Oct. 28.

• The Kings continue to shop forward Rudy Gay. (Marc Stein, ESPN)

• The Thunder have rescinded their qualifying offer to guard Dion Waiters, making him an unrestricted free agent. (Adrian Wojnarowski, the Vertical)

• With the Bucks re-signing center Miles Plumlee, center Greg Monroe remains available in a trade. (Marc Stein, ESPN)

• Oklahoma City could be looking to sign Russell Westbrook through the 2017–18 season, which would give them a chance to recruit Blake Griffin from the Clippers. (Adrian Wojnarowski, the Vertical)

• Now that Waiters is an unrestricted free agent, he is expected to be targeted by the Nets and Sixers. (Adrian Wojnarowski, the Vertical)

• Veteran Mike Miller is close to agreeing on a two-year deal with the Denver Nuggets. (Marc Stein, ESPN)

• J.R. Smith and the Cavaliers are still in contract negotiations, but are far apart on the terms. (Chris Fedor,

• Timberwolves coach Tom Thibodeau said the team will still give veteran Kevin Garnett time to decide on his future. (Ramona Shelburne, ESPN)

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