Free agency began at 12:01 a.m. on Saturday, which also ushered in the first day of the league’s new Collective Bargaining Agreement.
The weekend kicked off with a bang as Paul George was traded to the Thunder and Stephen Curry and Blake Griffin signed new max contracts with their respective teams. Gordon Hayward, Paul Millsap and Kyle Lowry are among the top names left on the market.
Remember that free agents can agree to deals but cannot sign contracts until July 6 at 12:01 p.m Eastern, when the NBA's moratorium period ends.
Here are the latest news and rumors from around the league.
Carmelo Anthony is now open to waiving his no-trade clause to join the Houston Rockets or Cleveland Cavaliers (Adrian Wojnarowski, ESPN)
The Los Angeles Clippers made a strong impression on Danilo Gallinari on Sunday (Adrian Wojnarowski, ESPN)
Paul Millsap has joined the Denver Nuggets on a three-year, $90 million contract (Shams, Charania, The Vertical)
The Bulls have signed guard Justin Holiday to a two-year, $9 million contract. (Shams Charania, The Vertical)
Former Lakers guard Nick Young has emerged as a candidate for a portion of Golden State's $5.2 million exception. (Adrian Wojnarowski, ESPN)
Nene has agreed to a three-year deal worth $11 million with the Houston Rockets. (Adrian Wojnarowski, ESPN)
Kyle Korver has agreed to a three-year deal worth $22 million with the Cleveland Cavaliers. (Shams Charania, The Vertical)
New York Knicks big man Kristaps Porzingis is no longer being discussed in trades. Head coach Jeff Hornacek said "We love KP and what he does so I don't see him going anywhere." (Ian Begley, ESPN)
Gordon Hayward will meet with Quin Snyder, Dennis Lindsey and Steve Starks in San Diego on Monday. (Jody Genessy, Deseret News)
The Los Angeles Clippers are exploring the possibility of a sign-and-trade with the Denver Nuggets for Danilo Gallinari. He has also drawn interest from the Boston Celtics. (Sam Amick, USA Today)
Jodie Meeks has agreed to a two-year deal worth $7 million with the Washington Wizards. (Shams Charania, The Vertical)
The Toronto Raptors have discussed a trade that would send Cory Joseph to the Indiana Pacers. (Michael Scotto, Basketball Insiders)
The Minnesota Timberwolves reached a two-year, $28 million deal with Taj Gibson. (Chris Haynes, ESPN)