The latest news, rumors and free agency buzz.
NBA free agency is in full swing, billions of dollars have been spent and there are still a lot of moving parts on the board.
The biggest question was answered on Monday morning, when Kevin Durant decided to up and leave the Thunder and 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 in preparation to sign 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.
Sunday (all times Eastern)
• Former No. 1 pick Anthony Bennett and the Nets have mutual interest. (Michael Scotto, Sheridan Hoops)
• Greivis Vasquez and the Nets have agreed on a one-year deal. (Adrian Wojnarowski, The Vertical)
• The Pacers and point guard Aaron Brooks are nearing a deal. (Shams Charania, The Vertical)
• The Hawks and Jarrett Jack have agreed to a one-year deal at the league minimum. (Shams Charania, The Vertical)
• Udonis Haslem will return to the Heat for a franchise-record 14th season with the team, Miami announced. The deal was previously reported to be one year and $4 million (Ethan Skolnick, The Miami Herald).
• The Spurs rescinded their rights to Boban Marjanovic, allowing him to sign a three-year, $21 million deal with the Pistons. (Vincent Ellis, Detroit Free Press)
• Free agent Willie Reed has agreed to a two-year deal with the Heat. (Shams Charania, The Vertical)
• The Warriors are denying a report that they have extended a camp invite to Stephen Jackson. (CSN Bay Area)
• Miami has matched Tyler Johnson’s $50 million offer sheet with the Nets. (Adrian Wojnarowski, The Vertical)
• The Heat have traded for New Orleans guard Luke Babbitt in exchange for the Pelicans’ own 2018 second-round pick acquired in a previous deal for Jarnell Stokes. (Miami Heat)
• Stephen Jackson will be attending Warriors training camp in his attempt to make an NBA comeback. Jackson, a 15-year NBA veteran, last played for the Clippers in 2013–14. Jackson played for Golden State from 2006–10 (Rachel Nichols, ESPN).
• The Heat are planning to match Tyler Johnson’s four-year, $50 million dollar offer sheet from the Brooklyn Nets. Miami has until 11:59 p.m. on Sunday to match. (Marc Stein, ESPN)
• Wayne Ellington has agreed to a two-year, $12 million deal with the Miami Heat. (Adrian Wojnarowski, The Vertical)
• The Grizzlies will acquire Troy Daniels, and his new three-year, $10 million contract, in a sign-and-trade with the Hornets. (Adrian Wojnarowski, The Vertical)
• Free agent center Larry Sanders hinted that he may play with the Warriors or Cavaliers. (Twitter)
• Paul Pierce may not retire — someone close to him indicates he wants to play next season. (Ben Bolch, Los Angeles Times)
• Jared Sullinger could return to the Celtics on a one-year deal. (Chris Mannix, The Vertical)
• The Sixers are in talks with Dion Waiters and want the Thunder guard to sign a two-year contract, possibly with a team option. Other teams are offering four-year contracts, and the Thunder plan to match any offer sheet he signs. (Philadelphia Inquirer)
• LeBron James has not given the Cavaliers any indication of when he plans to re-sign with the team. (Chris Haynes, Cleveland Plain Dealer)
• Raymond Felton is drawing increased interest, with five teams reportedly in the running for the veteran point guard. (Chris Haynes, Cleveland Plain Dealer)
• Dion Waiters has interest in playing for the Heat. (Tim Reynolds, AP)
• The Kings have made Kosta Koufos, Rudy Gay and Ben McLemore available via trade. (Marc Stein, ESPN)
• The Mavericks have officially waved JaVale McGee.
• The Heat are in talks to bring back longtime forward Udonis Haslem on a deal above the minimum. (Ira Winderman, Sun Sentinel)
• The Thunder are currently not including Russell Westbrook in trade talks. Westbrook will be an unrestricted free agent after next season. (Adrian Wojnarowski, The Vertical)
• The Warriors are interested in signing center Kendrick Perkins. Perkins was a teammate of Kevin Durant’s in Oklahoma City. (Alex Kennedy, Basketball Insiders)
• The Warriors have re-signed forward James Michael McAdoo to a one-year, minimum contract. (Marc J. Spears, The Undefeated)
• Thunder center Mitch McGary has been suspended five games for violating the league’s drug policy, the NBA announced.
• The Miami Heat are one of the teams interested in free-agent forward Derrick Williams. (Ian Begley, ESPN)
• Spurs center Tim Duncan could make his decision on retirement as early as Friday afternoon. (Mike Scotto, Sheridan Hoops)
• The Lakers renounced their free agent exception rights to Kobe Bryant, eliminating his cap hold to sign their other free agents. (RealGM)
• Al Horford says he spoke with Kevin Durant about joining the Celtics, and that he “definitely considered the possibility.” (Brian Robb, Boston.com)
• The Clippers have agreed to a deal with former Warriors center Marreese Speights. (Adrian Wojnarowski, The Vertical)
• The Spurs are rostering overseas imports Livio Jean-Charles and Davis Bertans for Summer League.
• The Knicks have renounced free agents Derrick Williams, Kevin Seraphin, Lou Amundson and Cleanthony Early. (Ian Begley, ESPN)
• Sixers draftee Furkan Korkmaz will remain in Turkey with Anadolu Efes for at least another season. (Sportando)
• The Trail Blazers have waived second-year big man Cliff Alexander to create the cap room to sign Festus Ezeli. (Adrian Wojnarowski, The Vertical)