Keep up with all of the latest NBA free agency and trade rumors here.
Need help following the NBA's frantic free agency period? SI.com has you covered with all of the latest news and rumors.
Free agency began at the start of July with a negotiating period for players, teams and agents. On July 9, the moratorium was lifted, allowing players and teams to officially sign deals they had verbally agreed to the week before. The salary cap for the 2015-2016 NBA season has been set at an all-time high of $70 million, an 11% increase over last season. The luxury tax level has been set at $84.74 million.
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 the latest rumors and rumblings from around the league.
Free Agent Signings:
• Free-agent forward James Jones has agreed to a one-year deal to return to the Cavaliers, reports Chris Haynes of Northeast Ohio Media Group. It is a veteran's minimum contract.
• The Cavaliers announced they have traded second-round draft pick Rakeem Christmas to the Pacers for a 2019 second-round pick. ESPN.com reports that the trade was made to help set up a larger deal involving Brendan Haywood.
• Lakers forward Nick Young feels comfortable that he will be on Los Angeles' roster to start the season after meeting with general manager Mitch Kupchak, reports Mark Medina of the L.A. Daily News. Young has three years left on his contract and the Lakers reportedly wanted to trade him earlier in the off-season, but didn't find much of a market.
• Free-agent forward Maurice NDour signed with the Dallas Mavericks on Thursday, the Mavs announced.
• Free-agent guard Jimmer Fredette is finalizing terms of a deal with the San Antonio Spurs, according to multiple reports.
• The Clippers have agreed to a deal with free-agent point guard Pablo Prigioni, reports RealGM's Shams Charania.
• The Clippers still have “high interest” in re-signing Glen Davis, however a deal is not close, according to Brad Turner of the Los Angeles Times. Turner adds that the Bucks also have interest in Davis.
• The Cavaliers and Richard Jefferson are nearing an agreement that would bring the veteran wing player to the defending Eastern Conference champions, reports ESPN. Jefferson originally planned to re-sign with the Mavericks, but talked to owner Mark Cuban after DeAndre Jordan decided to return to the Clippers and felt Cleveland was a better fit.