The NBA free agency period began at 12:01 a.m. ET on Wednesday morning. Follow along here for all the rumors, updates and news about the free agent period.
The NBA free agency period began at 12:01 a.m. ET on July 1 and teams immediately began formally jockeying for position to sign some of the league's top talent.
While players and teams can now officially agree to contracts, players can't officially sign contracts until July 9.
Like every off-season, this one is jam-packed with intrigue and storylines. Questions abound: Will LeBron James remain in Cleveland? Will LaMarcus Aldridge leave the Blazers for a title contender? And what about the futures of DeAndre Jordan, Marc Gasol and other high-profile free agents?
Fortunately, you can follow every move in NBA free agency with our free-agent tracker, along with our analysis and grades from our NBA experts. Below, you'll also find rankings for the top 25 free agents, positional rankings, top storylines to watch and the latest trade rumors and buzz.
Tracker | Top 25 | FA grades | Position ranks
Free Agent Signings:
THURSDAY, JULY 2
WEDNESDAY, JULY 1
• LaMarcus Aldridge will meet with the Lakers for a second time on Thursday, reports Yahoo's Adrian Wojnarowski. The Lakers reportedly "want to see if they can get it right" after their first meeting Wednesday with the Trail Blazers star fell short of the mark.
• Aldridge has cancelled his Thursday meeting with the New York Knicks, reports TNT's David Aldridge. TNT's Aldridge adds the Blazers forward will meet with the Lakers and Heat this afternoon. The meeting was reportedly cancelled when "it became clear the Knicks wanted Aldridge to play center," which he is "adamant against" doing.
• USA Today's Sam Amick reports Aldridge's Thursday meeting with the Knicks will include GM Mitch Kupchak and head coach Byron Scott and focus on "talking basketball." TNT's David Aldridge confirms it will only include Kupchak and Scott.
• LaMarcus Aldridge felt his first meeting with the Lakers was "too focused" on off-court things including Hollywood and branding, and the Lakers want to "rectify" that, reports Wojnarowski.
• Wojnarowski reports Aldridge is "considering taking a visit or two" in free agency and that a decision is not imminent.
• According to Wojnarowski, Aldridge has a new high-profile suitor in the Miami Heat, who are "pursuing the possibility" of an audience with him.
• Ira Winderman of the Sun Sentinel reports Heat president Pat Riley flew to Los Angeles, where Aldridge lives in the off-season and has been holding meetings, on "free agency business." Winderman adds "there are a lot of people" on Miami's list of targets.
• The Suns have traded Marcus Morris, Reggie Bullock and Danny Granger to Phoenix, reports Yahoo's Adrian Wojnarowski. Detroit will send Phoenix a 2020 second-round pick, he adds. Phoenix met with LaMarcus Aldridge yesterday and reportedly believes it has a shot: Wojnarowski reports the Suns now have $20 million of cap space.
• Wojnarowski reports the Suns have "no assurance" Aldridge will sign with them, but his "sudden" intrigue has pushed Phoenix to make itself a serious option.
• Ken Berger of CBS Sports notes that the Suns may still have more work to do to create the proper cap space to sign Aldridge. The trade with Detroit frees up $8.4 million, he reports.
• According to Wojnarowski, the Suns need to move forwards Markieff Morris and PJ Tucker to have enough room for both Aldridge and Tyson Chandler, the latter with whom they agreed to a long-term deal on Wednesday.
• Wojnarowski reports that if Dallas is unable to sign DeAndre Jordan, the Mavericks are expected to do a sign-and-trade with the Pacers, sending Monta Ellis to Indiana in exchange for Roy Hibbert to fill their hole at center.
• Bradley Beal and the Wizards have begun discussing a contract extension, reports Jorge Castillo of the Washington Post. Beal reportedly believes he deserves a max contract.
• ESPN's Jeff Goodman reports that if Dallas can't sign DeAndre Jordan, they will look at Lakers free agent center Jordan Hill as an alternative.
• Clippers free agent center DeAndre Jordan is currently meeting with Phil Jackson and the Knicks, reports ESPN's Marc Stein.
• Though restricted free agent Tristan Thompson has yet to come to terms with the Cavaliers, Chris Haynes of the Cleveland Plain Dealer reports there is "not a vast gap" in negotiations, which are ongoing, and that there is "no animosity" between the sides.
• Dallas, New York and the L.A. Lakers could be landing spots for Warriors big man David Lee, who is likely to be traded, reports Howard Beck of Bleacher Report. Lee could present a "fallback option" if those teams miss on their bigger targets, as all three have room to take Lee's contract, worth upward of $15 million next season. Beck reports the Knicks "have had discussions" about bringing back Lee, a former first-rounder who played his first five seasons, from 2005-2010 in New York, but have to explore their options with free agents first.
• ESPN's Ramona Shelburne reports the Lakers are more likely to pursue Lee than try and trade for Sacramento's DeMarcus Cousins if their main free agency plans fall through.
• Trail Blazers free agent center Robin Lopez and the New York Knicks have "strong mutual interest" according to ESPN's Ian Begley.
• Lakers free agent forward Ed Davis will sign a three-year, $20 million deal with Portland, reports Yahoo's Adrian Wojnarowski. Wojnarowski notes that the Blazers will still have room to re-sign LaMarcus Aldridge and Robin Lopez
• The Brooklyn Nets have signed free agent guard Shane Larkin for two years and $3 million, Wojnarowski reports.
• The Lakers are now among the teams interested in free agent big man Amar'e Stoudemire, according to ESPN's Chris Broussard.
• The Knicks are "ramping up" their interest in Rockets restricted free agent point guard Patrick Beverley, reports Alex Kennedy of BasketballInsiders.com. The two sides have been "talking a lot," Kennedy adds.
• Washington has interest in Pacers free agent forward Chris Copeland, reports Bleacher Report's Jared Zwerling.
• Spurs big man Tim Duncan has confirmed he will play in 2015-16, reports Mike Monroe of the San Antonio Express-News.
• Monta Ellis and the Indiana Pacers have agreed to a four-year, $44 million deal, according to ESPN's Marc Stein. Stein reports Ellis holds a player option in the final year of his new deal, which was confirmed by CBS Sports' Ken Berger.
• ESPN's Chris Broussard reports Ellis turned down a larger offer from Sacramento of four years and $48 million to join the Pacers.
• SI.com's Chris Mannix reports that with Ellis bound for Indiana, the Kings could pursue Grizzlies free agent center Kosta Koufos.
• Another ripple from the Ellis deal: Sacramento will now make free agent shooting guard Wesley Matthews an offer that will be "hard to refuse," reports Jason Jones of the Sacramento Bee.
• With the Kings missing on Ellis, the Mavericks now "fear" Sacramento preparing a huge offer for Matthews and now hope he will wait to see if DeAndre Jordan picks Dallas before making a decision, reports ESPN's Tim MacMahon. MacMahon notes that the Mavericks are "optimistic" on the matter.
• Cleveland and restricted free agent Tristan Thompson are "currently still apart" on contract talks after making progress on Wednesday, reports ESPN's Brian Windhorst.
• Sacramento has agreed to a multi-year deal with free agent guard James Anderson, reports Yahoo's Marc Spears. Anderson, 26, spent last season with Zalgiris Kaunas in Lithuania. He was taken 20th overall by San Antonio in the 2010 draft.
• Marc Gasol and the Grizzlies are nearing agreement on a five-year, max contract worth upward of $100 million, reports ESPN's Marc Stein. Gasol and Memphis officials including owner Robert Pera met in Barcelona on Wednesday, and the 30-year-old center has reportedly "shunned" other interested parties.
• The Hawks have agreed to a deal with 2014 second-rounder Walter "Edy" Tavares, a 7'3" center from Cape Verde, according to Yahoo's Marc Spears. Tavares spent last season with Gran Canaria in the Spanish Liga ACB. Tavares is expected to play with Atlanta in summer league, according to Chris Vivlamore of the Atlanta Journal-Constitution.
• After missing on Greg Monroe, the Knicks' negotiations with Portland free agent center Robin Lopez "will gain momentum," reports Yahoo's Adrian Wojnarowski.
• Dallas would consider a "salary dump deal" for Indiana center Roy Hibbert if top target DeAndre Jordan decides to go elsewhere, reports ESPN's Tim MacMahon. MacMahon notes the Mavericks remain "hopeful" on their chances with the Clippers center.
• The Kings, after clearing cap space in a deal with Philadelphia early Thursday, are scheduled to meet with free agent targets Wesley Matthews on Thursday and Rajon Rondo on Friday, according to Stein. Sacramento is also working to set up a meeting with Monta Ellis.
• Veteran forward David West has "serious interest" in playing for the Spurs or Warriors next season, reports USA Today's Sam Amick. West declined a $12.2 million player option with the Pacers and is willing to take less to chase a championship.
• The Rockets, Clippers, Mavericks and Suns are among the teams interested in Amar'e Stoudemire as a reserve big man, reports ESPN's Chris Broussard.
• Dallas is "back in the hunt" to re-sign guard J.J. Barea, reports TNT's David Aldridge, with Miami the other team contending for his services. Barea reportedly seeks a three-year contract.
• Free-agent forward Greg Monroe will sign a max contract with the Milwaukee Bucks, according to a report from Adrian Wojnarowski of Yahoo! Sports. Monroe, 25, played the first five seasons of his career with the Detroit Pistons. He averaged 15.9 points and 10.2 rebounds per game last season for Detroit.
• Restricted free agent Jae Crowder and the Boston Celtics have agreed to a five-year deal worth $35 million, RealGM reports. The Mavericks were also reportedly interested in signing Crowder, who averaged 9.5 points, 4.6 rebounds and 1.4 assists last season.
• Blazers assistant coach Kim Hughes told an Indiana TV station that the team had lost forward LaMarcus Aldridge. "Well, people don't realize we just went young," Hughes says in the video, according to The Oregonian. "We didn't publicize it, but we lost LaMarcus Aldridge. It hasn't been declared yet, but I'm sure he won't come back. We will go young."
• The Knicks and Arron Afflalo have agree to a two-year deal worth $16 million, ESPN's Ramona Shelburne reports. Afflalo, 29, will reportedly have a player option on the second year of the deal. Earlier this off-season, Afflalo decided to test free agency after declining a $7.75 million player option for next season. The guard was traded from the Nuggets to the Trail Blazers in Feburary at the NBA's trade deadline.
• Omer Asik is in the process of finalizing a five-year, $60 million deal with the New Orleans Pelicans, Adrian Wojnarowski of Yahoo! Sports reports. The 7-foot center played for the Bulls and Rockets before joining the Pelicans ahead of the 2014-15 season.
12:00 a.m. Thursday
• While initial reports said free agent DeAndre Jordan had a problem with the Lakers' pitch to him, SI.com's Chris Mannix reports that Jordan thought the Lakers' presentation was professional. The meeting may have been hurt by its late start with both sides tired from an eventful first day of free agency, Mannix reports. The Clippers and Mavericks still remain frontrunners for Jordan after strong pitches, Mannix says.
• Just hours after he had reportedly "broken off" talks with the Warriors, Golden State's leading rebounder Draymond Green signed a five-year, $82 million deal with the team. The news was first reported by Yahoo! Sports' Marc J. Spears.
• Sacramento is orchestrating a trade with Philadelphia that would send Nik Stauskas, Jason Thompson and Carl Landry to the 76ers in an effort to clear cap space, according to Yahoo Sports' Adrian Wojnarowski. Additionally, the Kings are "seriously interested" in free agent guard Monta Ellis, Wojnarowski reported. SI.com's Chris Mannix reported that the cap clearance efforts were related to the Kings' pursuing of Ellis, as well as Rajon Rondo.
• Jae Crowder has agreed to a five-year, $35 million contract with the Boston Celtics, according to RealGM's Shams Charania. The Celtics had already beefed up their frontcourt with the addition of Amir Johnson.
• Omer Asik and the New Orleans Pelicans have finalized a five-year, $60 million deal, according to Yahoo Sports' Adrian Wojnarowski.
• While Dallas was considered strong contenders for Wes Matthews as early as Wednesday afternoon, the Kings are now "very strongly in the mix," for the Blazers forward, according to TNT's David Aldridge.
• Indiana Pacers forward David West denied rumors that he was considering joining the New York Knicks, according to WTHR-TV Indianapolis' Bob Kravitz. West is only interested in joining a contender, which the Knicks do not qualify as, Kravitz said. Along those same lines, however, the 34 year old told Kravitz he opted out of his contract with Indiana because he didn't think he could win a title with the Pacers, either. "At this point in my career, I just want to win," West said. While it was not the sole reason he left Indiana, Kravitz added that West was upset with the way team president Larry Bird "took shots" at teammate Roy Hibbert during the team's season-ending press conference on Apr. 17.
• The Wizards are interested in Pacers' guard Rodney Stuckey and Stuckey is "very much a possibility" to land in Washington, D.C., according to Comcast SportsNet Washington's J. Michael.
• The Toronto Raptors and the Dallas Mavericks are still "locked in battle" for Trail Blazers' free agent guard Wes Matthews, ESPN's Marc Stein reports. The Raptors' interest in Matthews has not been diminished by the team's recent signing of DeMarre Carroll, Stein said. Amir Johnson's departure from the Raptors reportedly removed a $10.5 salary cap hold that is crucial to landing Matthews, according to CBS Sports Ken Berger.
• Mavericks' free agent guard J.J. Barea is leaning toward taking a deal with the Miami Heat, TNT's David Aldridge reports.
• ESPN's Dave McMenamin reports that the Los Angeles Lakers did not delete their LaMarcus Aldridge-courting tweets out of sheepishness, but rather, due to a request from the NBA after other teams complained about the social media campaign. This, after the Lakers specifically cleared the Tweets beforehand with the NBA's legal arm.
• At least two teams besides Sacramento have "engaged" Rajon Rando in discussions, according to SI.com's Chris Mannix. While it's unclear who will secure Rondo's services for the 2015–16 season, Mannix reports that the King remain the favorite.
• Monta Ellis' dinner with the Pacers lasted just under two hours, reports Candance Buckner of the Indianapolis Star. Buckner reports that president of basketball operations Larry Bird, head coach Frank Vogel and GM Kevin Pritchard were all on hand.
• Both the Bucks and Trail Blazers have made “significant inroads” with free agent forward Greg Monroe, reports Yahoo's Adrian Wojnarowski. Monroe has also been linked to the Knicks and Lakers.
• The Suns, who met with LaMarcus Aldridge earlier on Wednesday, have “legitimately closed the gap” with the Spurs in his pursuit, reports Yahoo's Adrian Wojnarowski. Wojnarowski cites Phoenix's earlier acquisition of Tyson Chandler and its perimeter players in calling the Suns a “real factor.” TNT's David Aldridge confirmed this report, and cited a source close to the meetings as saying Phoenix was "very impressive."
• Meanwhile, the Los Angeles Times' Baxter Holmes points out that the Lakers have reportedly deleted tweets with celebrities in them that were an attempt to help recruit LaMarcus Aldridge. The Orange County Register notes that Jeannie Buss' #LAtoLA tweet was also deleted. When the Lakers met earlier Wednesday with Adridge, the forward was reportedly "not impressed" with the team, according to ESPN. However, Aldridge's camp denied reports that he has eliminated the Lakers from the running.
• The Clippers have agreed to a three-year, $10 million deal with free agent guard Paul Pierce, reports Yahoo's Adrian Wojnarowski. The first two years will begin at $3.3 million and the third year is a team option, reports TNT's David Aldridge.
• Carlos Boozer is drawing interest from a number of teams, including the Spurs, Lakers, Heat and Clippers, reports ESPN's Jeff Goodman. Boozer spent last season with the Lakers and said in April that he was interested in returning if Los Angeles can compete next season.
• Iman Shumpert and the Cavaliers have agreed to a four-year, $40 million deal, reports Alex Kennedy of Basketball Insiders. The contract will contain a fourth-year player option. Yahoo's Adrian Wojnarowski confirmed the deal.
• The Hawks, Kings and Knicks are all interested in free agent Monta Ellis, who is currently having dinner with the Pacers and Larry Bird, reports ESPN's Chris Broussard.
• LaMarcus Aldridge's camp has denied the report that the free agent has eliminated the Lakers from the running for his services, telling TNT's David Aldridge the report is “completely false.” Mike Bresnahan of the Los Angeles Times reported earlier Wednesday that Aldridge will not sign with the Lakers after disliking the “basketball part” of their presentation to him.
• ESPN's Marc Stein reports that the Suns are now rivaling the Spurs as contenders in the LaMarcus Aldridge sweepstakes. Phoenix reportedly met with Aldridge for two hours on Wednesday. USA Today's Sam Amick adds that Aldridge is unlikely to make a decision Wednesday night and wants to hear what the Knicks have to say when he meets with them on Thursday.
• If the Clippers manage to retain DeAndre Jordan, team officials believe it will increase their odds of getting Paul Pierce to sign a $3.4 million exception with Los Angeles, reports Yahoo's Adrian Wojnarowski.
• Iman Shumpert has yet to be able to strike a deal with the Cavaliers and will now start meeting with other teams, reports Yahoo's Adrian Wojnarowski. Shumpert is a restricted free agent.
• The Lakers will meet with DeAndre Jordan at 8 p.m. on Thursday, reports Brad Turner of the Los Angeles Times. Jordan already met with the Mavericksearlier on Wednesday.
• The Grizzlies and free agent forward Brandan Wright has agreed to a three-year contract worth nearly $18 million, reports Yahoo's Adrian Wojnarowski. Wright split time between the Mavericks, Celtics and Suns last season. Wright, who was born in Tennessee, was sold on the idea of returning to the state and believes he can help put the Grizzlies over the top in the Western Conference, according to Wojnarowski.
• Dwyane Wade is no longer in a meeting with the Miami Heat, however the two sides continue to talk, reports the Miami Herald's Joseph Goodman. Yahoo's Adrian Wojnarowski reported earlier Wednesday that Miami and Wade are "progressing in talks" on a likely multi-year deal.
• The Knicks have reached out to former shooting guard Landy Fields, reports Marc Berman of the New York Post. Fields spent the first two years of his career with the Knicks before signing with Toronto. Berman notes that Fields has been practicing shooting left-handed this off-season.
• Spanish guard Sergio Llull has elected to remain with Real Madrid and will not join the Houston Rockets, according to Yahoo's Adrian Wojnarowski. Wojnarowski notes that Houston, who owns Llull's rights, had been negotiating a contract with the guard before the decision.
• The Suns brought a host of people to their meeting with LaMarcus Aldridge. The list includes Robert Sarver, Lon Babby, Ryan McDonough, Jeff Hornacek, Earl Watson, Tyson Chandler, Eric Bledsoe and Brandon Knight, according to Paul Coro of AZ Central. The meeting lasted two hours and Aldridge was “very engaged,” reports Ken Berger of CBSSports.com. Berger says Phoenix feels it is in the mix for the free agent.
• Yahoo's Adrian Wojnarowski notes that it was wise of the Suns to bring Earl Watson, who is close with Aldridge, to the meeting. Wojnarowski believes Phoenix made a good impression on the free agent.
• The Mavericks' meeting with DeAndre Jordan lasted about four and a half hours and is now done, reports ESPN's Tim MacMahon. A source told MacMahon that the meeting “went very well.” Mark Medina of the LA Daily News adds that the meeting was broken up into various “break-out sessions.”
• Power forward Derrick Williams is receiving interest from several teams, including the Kings, Knicks, Wizards and Mavericks, reports Chris Broussard of ESPN.
• Mavericks free agent shooting guard Monta Ellis will go to dinner with the Pacers on Wednesday, reports Yahoo's Marc J. Spears. Spears says Ellis is expected to make a decision on an offer from Indiana after the meal.
• Portland free agent forward LaMarcus Aldridge will not sign with the Lakers, reports Mike Bresnahan of the Los Angeles Times. The Lakers were a "50/50 choice" but Aldridge reportedly disliked the "basketball part" of their presentation. Bresnahan adds that Aldridge and Kobe Bryant "didn't quite gel."
More LMA: He and Kobe didn't quite gel. It's a little vague, but Aldridge apparently didn't quite get answers from Kobe he was seeking.— Mike Bresnahan (@Mike_Bresnahan) July 1, 2015
• Yahoo's Adrian Wojnarowski confirmed Bresnahan's report, adding that Aldridge wanted a "clearer" basketball focus from the Lakers and felt the presentation centered too heavily on "outside opportunities."
• Wojnarowski reports the Spurs have been the most impressive team to Aldridge, followed by Houston. He adds that Aldridge is still "fond" of Blazers GM Neil Olshey and that Portland should not be counted out. Wojnarowski reports Portland still has a "compelling basketball case" and can offer Aldridge the most money. The Blazers' first option is to sign LaMarcus Aldridge and Greg Monroe to max contracts, reports The Oregonian's Jason Quick, who adds that the team has the funds to make it happen.
• Bresnahan reports Aldridge "was floored in a good way" by Houston's analytics and on-court projections in their presentation Wednesday.
• ESPN's Chris Broussard reports Aldridge had "very positive feelings" after meeting with the Spurs this afternoon.
• CBS Sports' Ken Berger reports Aldridge was "impressed for sure" in wake of San Antonio's recruiting pitch.
• In the event Aldridge chooses Phoenix, in order to acquire the power forward the Suns could offer guard Eric Bledsoe in a sign-and-trade deal with Portland, reports ESPN's Marc Stein. Stein adds that Portland general manager Neil Olshey drafted Bledsoe for the Clippers while working for Los Angeles in 2010. It would be a "surprise" if Aldridge picks the Suns, but the numbers could potentially work out in that scenario.
• ESPN's Ramona Shelburne reports the Warriors and Draymond Green are still on even footing in negotiations, even though their talks have paused.
Source On Draymond Green talks with Warriors: "just a gap. Not going bad or good"— Ramona Shelburne (@ramonashelburne) July 1, 2015
• SI.com's Chris Mannix calls the Celtics a "dark horse" to land Wizards forward Paul Pierce. Mannix reports Pierce wants to work for the Celtics in the future, and that the possibility of him finishing his career there could be worth considering.
• Mavericks free agent shooting guard Monta Ellis landed in Indianapolis late Wednesday afternoon and will meet with Larry Bird and the Pacers, reports Candace Buckner of the Indianapolis Star. Buckner adds that a deal "isn't imminent," but the two sides will meet "to see if they're on the same page."
• After re-signing free agents Brook Lopez and Thaddeus Young, the Nets will look to deal both of veteran guards Deron Williams and Joe Johnson before the start of the season, reports ESPN's Ohm Youngmisuk. He adds that the Nets are currently unable to find a suitor for Williams.
• Robin Lopez will meet with the Knicks in Los Angeles this week, reports Marc Berman of the New York Post.
• Draymond Green has "broken off talks" with the Warriors, according to Yahoo's Marc Spears. The Warriors were the first team to speak with Green when free agency began early Wednesday. Golden State can still match any offer for Green, who is a restricted free agent.
• Mavericks free agent center Tyson Chandler has agreed to a multi-year deal with the Phoenix Suns, according to Yahoo's Adrian Wojnarowski. Chandler's deal with Phoenix is worth $52 million over four years, reports ESPN's Marc Stein. Wojnarowski adds the Suns and Mavericks could work out a sign-and-trade involving Chandler and Brandan Wright.
• The Suns are bringing Chandler into their meeting with LaMarcus Aldridge Wednesday afternoon and will use him as part of their pitch, Wojnarowski reports.
Sources: The Suns walked into meeting with LaMarcus Aldridge moments ago, armed with Tyson Chandler and his agreed upon multi-year contract.— Adrian Wojnarowski (@wojespn) July 1, 2015
• Wojnarowski also reports that the Spurs remain the frontrunners for Aldridge after giving their presentation to the four-time All-Star earlier Wednesday.
• Aldridge will not be remaining with Portland, and the Spurs, Lakers, Mavs and Rockets lead the pack, reports Bleacher Report's Jared Zwerling.
• Aldridge will meet with the Raptors in Los Angeles on Wednesday night, according to ESPN's Josina Anderson.
• CBS Sports' Ken Berger confirmed the numbers for Johnson and notes his departure removes a $10.5 million cap hold for Toronto, who are hot in pursuit of Trail Blazers free agent shooting guard Wesley Matthews.
• Johnson had interest from New York, Boston, Dallas, Toronto, Indiana, the L.A. Lakers and San Antonio, according to ESPN's Jeff Goodman.
• The Wizards have offered Paul Pierce a two-year contract worth $6.6 million next season, with a team option for 2016-17, reports Yahoo's Marc Spears. Spears adds that the deal would aid Washington in its pursuit of free-agent-to-be Kevin Durant next summer.
• The Trail Blazers are a "team to watch" with regard to free agent big man Greg Monroe, reports ESPN's Kevin Arnovitz.
• Kyle Singler will be staying in Oklahoma City on a deal that pays him nearly $25 million over five years, according to Wojnarowski. ESPN's Brian Windhorst confirmed those numbers and adds that the final year of the contract will be a team option for the Thunder.
• The Celtics have re-signed forward Jonas Jerebko for $10 million over two years, reports USA Today's Sam Amick.
• Free agent forward Caron Butler and the Cavaliers have been in "constant contact" according to ESPN's Ramona Shelburne. Shelburne notes nothing is imminent between the two sides.
• The Knicks have reached out to free agent point guard Jeremy Lin regarding a return to New York, reports Alex Kennedy of BasketballInsiders.com.
• New York has also been in touch with forward Lance Thomas on a new deal, reports ESPN's Ian Begley. The Nets and Spurs have also reportedly shown interest in Thomas.
• One of the first teams to reach out to Cavaliers restricted free agent Iman Shumpert on Wednesday was the Lakers, according to Kennedy.
• Jimmy Butler and the Chicago Bulls are finalizing a five-year max contract extension worth upward of $90 million, including a player option in the final year, reports Yahoo's Adrian Wojnarowski. Wojnarowski adds that other teams pursuing Butler have "given up and moved on." ESPN's Brian Windhorst confirmed the news.
• Brandon Knight has agreed to a five-year, $70 million contract to stay with Phoenix, reports Yahoo's Adrian Wojnarowski.
• TNT's David Aldridge reports the Suns will not be trading guard Eric Bledsoe, in wake of the Knight extension.
• Tristan Thompson and the Cleveland Cavaliers are close on a long-term deal that would pay the restricted free agent upward of $80 million, according to Windhorst and ESPN's Marc Stein.
• It's "50/50 literally" between signing with the Mavericks and staying with the Clippers for DeAndre Jordan, reports Jared Zwerling of Bleacher Report.
• The Suns are scheduled to meet with LaMarcus Aldridge later today, reports TNT's David Aldridge. Aldridge adds that Phoenix believes it "has a shot" at signing the Trail Blazers forward.
• ESPN's Kevin Arnovitz reports it looks "increasingly unlikely" that Mavericks free agent center Tyson Chandler will land with Milwaukee. ESPN's Marc Stein added that the Clippers and Lakers are "far more likely" for Chandler if he leaves Dallas, which "it increasingly appears" will happen.
• Goran Dragic wants to keep Dwyane Wade in Miami: according to ESPN's Ramona Shelburne, Dragic asked Heat president Pat Riley how he could be flexible to help re-sign Wade before agreeing to his new contract.
• Paul Millsap is leaning toward re-signing with Atlanta, according to Michael Scotto of Sheridan Hoops.
• SI.com's Chris Mannix reports Rajon Rondo may want the entirety of Sacramento's available cap space, roughly $10 million, to sign with the team.
• Mannix also reports free agent wing Corey Brewer could be another option for the Kings if talks fall apart with Rondo. Mannix notes there is support for Brewer within the organization.
• Rondo and the Kings will not meet face-to-face on Wednesday as previously thought, reports TNT's David Aldridge. Aldridge adds the Kings consider Rondo "one of many options" as they look to add a point guard.
• Memphis and free agent point guard Mo Williams are nearing a three or four-year deal, reports Zwerling.
• Doc Rivers has reached out to free agent forward Caron Butler on behalf of the Clippers, reports Brad Turner of the Los Angeles Times.
• Butler is also "on the radar" for the Knicks, reports Marc Berman of the New York Post.
• The Mavericks are pursuing veteran point guards and have been in touch with players including Patrick Beverley, Jeremy Lin, J.J. Barea and Nick Calathes, reports ESPN's Tim MacMahon.
• Miami and Dwyane Wade are "progressing in talks" on a likely multi-year deal, reports Yahoo's Adrian Wojnarowski. Wojnarowski reported earlier Wednesday that Wade was seeking a max contract from the Heat.
• The Heat are "determined" to keep Wade before he begins meeting with other teams, reports SI.com's Chris Mannix. Mannix adds that the added haste from Miami is in the interest of not "further damaging" the relationship between the two sides.
• Grantland's Zach Lowe reports the Heat believe they "can't afford " to lose Wade, the longtime face of the franchise.
Heat understood from the start they can't afford to let Wade walk. Would hurt their perception among the next wave of free agent stars.— Zach Lowe (@ZachLowe_NBA) July 1, 2015
• The Lakers have yet to schedule a meeting with Wade, but USA Today's Sam Amick reports they plan to do so. Los Angeles reportedly meets with free agent big men Greg Monroe and DeAndre Jordan today.
• Wesley Matthews will meet with the Toronto Raptors, reports USA Today's Jeff Zillgitt. Toronto would likely need to make a corresponding move to clear the space to acquire the Trail Blazers guard, notes Eric Koreen of the National Post.
• Toronto's pitch to Matthews has been centered around deploying him alongside DeMar DeRozan and shifting new signing DeMarre Carroll to power forward, reports USA Today's Sam Amick. Amick adds that DeRozan has been "heavily involved" in recruiting both Carroll and Matthews.
• ESPN's Marc Stein reports Matthews has already met with both the Mavericks and Raptors.
• Boston and Dallas are the early leaders for free agent forward Jae Crowder, reports RealGM's Shams Charania. The Mavericks dealt Crowder to Boston during the 2014-15 season as part of the Rajon Rondo deal.
• New Orleans and Alexis Ajinca have agreed on a four-year deal worth $20.2 million to keep the center with the Pelicans long-term, reports Stein.
• Euroleague MVP Nemanja Bjelica has exercised his NBA opt-out and will join the Minnesota Timberwolves this season. Turkish club Fenerbahce Ulker announced the move Wednesday, according to the Minneapolis Star Tribune. Bjelica, a 6'10" Serbian forward, was the 35th overall selection in the 2010 draft and is expected to sign a three-year deal with the Wolves worth upward of $12 million.
• The Clippers are in pursuit of free agent forward Wesley Johnson, reports Amick, and are also talking with free agents Jeremy Lin, Corey Brewer and Willie Green.
• The Wizards are among the teams expressing interest in Pacers free agent guard Rodney Stuckey, according to Jorge Castillo of the Washington Post. Castillo notes that "everything hinges" on the decision of free agent forward Paul Pierce for Washington to begin making moves.
• Hawks free agent forward DeMarre Carroll has signed a four-year, $60 million deal with Toronto. Carroll announced the signing on Twitter and Instagram. Yahoo's Adrian Wojnarowski reported the numbers, which were confirmed by SI.com's Chris Mannix.
• The Lakers failed to make a "strong impression" on Portland's LaMarcus Aldridge in their meeting and the Spurs are "close" on him, reports Wojnarowski. Wojnarowski adds a decision from Aldridge may be coming soon.
• Grantland's Zach Lowe reports some executives around the league are beginning to "operate under [the] assumption] Aldridge will join San Antonio.
• The Mavericks are considered the frontrunner for Portland free agent shooting guard Wesley Matthews, Lowe also reports.
• Dallas will get a second meeting with Clippers center DeAndre Jordan on Wednesday, reports Alex Kennedy of BasketballInsiders.com. The Lakers and Knicks will reportedly meet with him after that, and the Clippers will sit down with him on Thursday.
• The Lakers "have a shot" at signing Cavs forward Kevin Love and will meet with the free agent big man, reports Bleacher Report's Howard Beck.
• Oklahoma City and forward Enes Kanter are both "eager to complete a deal," reports ESPN's Royce Young.
• The Rockets, Pelicans and Knicks have interest in veteran free agent center Kendrick Perkins, Young also reports.
• Washington has shown interest in free agent forward Alan Anderson, reports Jorge Castillo of the Washington Post.
• The Nets expressed interest in free agent big man Thomas Robinson on Wednesday morning, reports Kennedy.
• Danny Green has signed a four-year, $45 million deal to remain with the Spurs, reports ESPN's Chris Broussard. USA Today's Sam Amick confirmed the report. Green had reportedly spoken with the Pistons, who were the first team to reach out on Wednesday morning, according to Terry Foster of the Detroit News. He'd also been tied to the Knicks, according to the New York Post's Marc Berman.
• After re-signing Green, the Spurs have traded center Tiago Splitter to the Atlanta Hawks, reports Yahoo's Adrian Wojnarowski. Wojnarowski adds that San Antonio will make the move to clear cap space and now enter their meeting with LaMarcus Aldridge with room to table an offer.
Spurs are walking into the LaMarcus Aldridge meeting right now, armed with Danny Green, cap space and frontrunner status on luring Aldridge.— Adrian Wojnarowski (@wojespn) July 1, 2015
• Yahoo's Adrian Wojnarowski reports that Brooklyn has officially reached agreements to keep center Brook Lopez (three years, $60 million) and forward Thaddeus Young (four years, $50 million). According to Wojnarowski, both contracts include a player option. Bleacher Report's Howard Beck reports that Lopez' deal does not contain a player option.
• Jimmy Butler and the Bulls plan to discuss his decision regarding his five-year max offer on Wednesday, reports RealGM's Shams Charania. Charania adds the current structure of Butler's contract includes full guarantees.
• The Mavericks and Clippers have shown interest in free agent guard C.J. Watson, reports Alex Kennedy of BasketballInsiders.com.
• Jimmy Butler is "leaning strongly" toward accepting Chicago's five-year, $90 million max offer, reports ESPN's Marc Stein, as opposed to a shorter deal. Butler could sign Chicago's reported one-year, $4.5 million qualifying offer or seek a minimum three-year offer sheet from another team. The Chicago Tribune's K.C. Johnson reports Butler could do either a four or five-year deal, but is seeking a player option for the final year of his new contract regardless. According to Johnson, the deal could be done "as early as Wednesday."
• Dwyane Wade is pursuing a max deal with the Heat, reports Yahoo's Adrian Wojnarowski.
• Marc Gasol and the Grizzlies will likely get a new contract done Wednesday or Thursday, reports TNT's David Aldridge. Aldridge reports Gasol and Grizzlies owner Robert Pera are working out the details of the deal today in Barcelona.
• Khris Middleton and the Milwaukee Bucks have agreed on a five year, $70 million contract, reports Jon Krawczynski of the Associated Press. The terms of the deal were previously reported by ESPN's Stein.
• Orlando's aggression in pursuit of Atlanta's Paul Millsap has led "several execs" interested in Tobias Harris to believe the Magic may not match a big offer sheet, reports SI.com's Chris Mannix. Mannix reports Harris could command $12 to $14 million annually given how the market is falling, with a number of high-priced signings already complete.
• The Knicks and free agent guard Willie Green have had "preliminary discussions" and have spoken twice already Wednesday, reports RealGM's Shams Charania.
• The Magic met with Paul Millsap in Atlanta right after free agency opened last night, TNT's David Aldridge reports. Orlando's offer to the All-Star power forward is four years and $80 million, ESPN's Chris Broussard reports, and both the Magic and Hawks have reportedly offered him a max deal. The Knicks, Pacers and Mavericks were also interested in Millsap but he is deciding between staying with the Hawks and moving to Orlando, Broussard adds.
• Goran Dragic and the Heat have agreed to a five-year deal worth $90 million, ESPN's Marc Stein reports. The fifth year is a player option, Stein says. Yahoo's Adrian Wojnarowski confirmed Stein's report.
• The Bulls and Mike Dunleavy have agreed to a three-year $14.4 million contract to keep the veteran swingman in Chicago, Yahoo's Adrian Wojnarowski reports. The final year of the contract is partially guaranteed, according to the report.
• Spurs free-agent guard Manu Ginobili will announce this off-season in Argentine newspaper La Nacion whether he intends to play next season. In the meantime, teams pursuing him have been told he has not made a decision about his future, Real GM's Shams Charania reports.
• The Trail Blazers sent owner Paul Allen, GM Neil Olshey and head coach Terry Stotts to Washington, D.C., this morning to meet with Greg Monroe, Yahoo's Adrian Wojnarowski reports.
• The Pacers are in advanced discussions with Monta Ellis about a three-year deal, reports Yahoo Sports' Adrian Wojnarowski. The contract would reportedly be for three years and $32 million. Ellis plans to meet with Indiana officials on Wednesday.
• The Knicks were the first team to meet with unrestricted free agent Greg Monroe, according to Al Iannazzone of Newsday Sports. They plan to meet with DeAndre Jordan next.
• The Blazers are close to signing Damian Lillard to a five-year max extension that would net him more than $120 million, reports ESPN.com's Marc Stein.
• The Lakers' free-agent meeting with LaMarcus Aldridge went "really well," according to ESPN.com's Ramona Shelburne. Among the Lakers present for the meeting: GM Mitch Kupchak, owner Jeanie Buss and Kobe Bryant. The Rockets met with Aldridge following his sitdown with L.A.
• There's building interest for the services of Mike Dunleavy. The Cavaliers are making a push to sign him, reports Shams Charania of RealGM, but the Bulls remain the favorites to re-sign him.
3:00 a.m. Wednesday
• The Milwaukee Bucks and restricted free agent shooting guard Khris Middleton are close to agreeing on a five-year deal worth an estimated $70 million, reports ESPN.com's Marc Stein. According to the report, once Middleton is signed, Milwaukee will turn their attention to signing a center, such as Greg Monroe or Tyson Chandler.
• Bulls guard Jimmy Butler is considering accepting a five-year max deal, with a player option in the fourth year, from Chicago, according to RealGM's Shams Charania. Butler will "sleep on the decision," according to the report.
• The Knicks and Rockets guard Patrick Beverley have mutual major interest, reports The Sporting News' Sean Deveney, who says New York contacted the free agent shortly after free agency began.
• The Thunder have agreed to a one-year deal with former Arkansas guard Michael Qualls, reports Real GM's Shams Charania. Qualls tore his ACL during workouts leading up the NBA draft and then went undrafted. The Thunder are monitoring Qualls's rehab for tears in both knees, reports Charania.
• The Cavaliers have begun talks with forward Tayshaun Prince, according to Northeast Ohio Media Group's Chris Haynes. The report described the talks between the two parties as "exploratory." Prince, 35, played for the Memphis Grizzlies, Boston Celtics and Detroit Pistons during the 2014–15 season.
• In an unforeseen change of plans, Clippers forward DeAndre Jordan, who was supposed to begin meeting with teams during the day on Wednesday, met late Tuesday night with the Dallas Mavericks in Los Angeles, according to ESPN's Marc Stein. Dallas also simultaneously met with Wesley Matthews, according to Spears.
• The Knicks are aggressively hitting the free agent market, meeting with Greg Monroe early Wednesday morning in Washington D.C., and setting meetings with both DeAndre Jordan and LaMarcus Aldridge on Thursday, according to a report from Yahoo! Sports' Marc J. Spears. The Knicks will not reportedly meet with Kevin Love and are not expected to show interest in Rajon Rondo.
• A trio of teams have emerged as potential bidders for free agent Robin Lopez: RealGM's Shams Charania reports the Pelicans, Bucks and Knicks are among those showing interest in the Trail Blazers big man. New Pelicans coach Alvin Gentry coached Lopez in Phoenix, and Lopez spent the 2012–13 season in New Orleans. The Bucks are believed to be searching for a defensive-minded center and have been tied to Tyson Chandler. The Blazers are also expected to try to re-sign Lopez.
• The Wizards are "quietly but increasingly" optimistic about re-signing veteran forward Paul Pierce, according to ESPN's Marc Stein. Meanwhile, the Clippers—as well as Pierce's former team, the Celtics—have also expressed interest in signing the 37-year-old, Pro Basketball Talk reports. While Pierce logging minutes with the Wizards at power forward was instrumental to Washington's playoff success this past postseason, the Clippers would reportedly plan to use Pierce at small forward. USA Today's Sam Amick reports that the Clippers are not optimistic that Pierce would take less money to sign with Los Angeles.