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Pat Riley regrets letting Dwyane Wade leave the Heat
1:14 | NBA
Pat Riley regrets letting Dwyane Wade leave the Heat
Wednesday July 20th, 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

Wednesday

• Carmelo Anthony told reporters at Team USA training camp that the Knicks “had a chance” to sign Dwyane Wade in free agency. He also said, “They would’ve had to pull a rabbit out of a hat.” (Frank Isola, New York Daily News/Al Iannazzone, Newsday)

• “If it was two days earlier, we probably would have had D-Wade,” Anthony noted. The Knicks chose to sign Courtney Lee as their new shooting guard. (Isola)

• Kevin Durant and Russell Westbrook didn’t discuss the latter’s impending free agency before Durant signed with the Warriors. (Sam Amick, USA Today)

• The Celtics have been linked to high-profile trade targets, but league executives believe they are most likely to add Jahlil Okafor from the 76ers. (CSNNE)

• Forward Donatas Motiejunas is still interested in re-signing with the Houston Rockets, but is currently talking to other teams. (Fox 26 Houston)

• With Marc Gasol not playing for Spain in the Olympics, Knicks rookie Willy Hernangomez will now make the team. (Marc Berman, New York Post)

• Gasol has not fully recovered form the broken right foot that caused him to miss 52 games last season. (Marc Stein, ESPN)

• The Pelicans are nearing a one-year deal to re-sign Alonzo Gee. (Brett Dawson, New Orleans Advocate)

• The San Antonio Spurs have hired Detroit Pistons executive Brian Wright as assistant general manager. (Adrian Wojnarowski, the Vertical)

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