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Last updated: July 6, 2026, 2:30 PM ET

NBA FREE AGENCY HEATS UP WITH MAJOR MOVES AND PLAYER DECISIONS

The NBA free agency period has seen a flurry of activity, with teams spending hundreds of millions on players and several shocking developments shaping the league's landscape. The Boston Celtics have been active, picking up Neemias Queta's option and adding a four-year, $56 million extension for the center. In a surprising move, the Los Angeles Lakers are reportedly trading center Deandre Ayton to the Washington Wizards for guard Jaden Hardy and two future second-round picks. Meanwhile, the Memphis Grizzlies are preparing for a new era with Ja Morant, who will wear No. 1 throughout his career, a change from his usual No. 12.

The free agency frenzy extends to the Eastern Conference, where the Philadelphia 76ers, fresh off a trade for Jaylen Brown, are now aggressively pursuing LeBron James. James, whose agent Rich Paul indicated he is considering multiple teams, is reportedly looking at destinations including the Miami Heat, Cleveland Cavaliers, and the 76ers, among others according to his agent. In New York, the Knicks have moved to fill a void at center by reaching a one-year, $3.9 million deal with veteran Andre Drummond, following the departure of Mitchell Robinson sources confirmed. The Houston Rockets have also been busy, agreeing to a five-year, $81.5 million deal to keep restricted free agent Tari Eason in the fold.

Several teams have been identified as either winners or losers in the early stages of free agency, with deals continuing to reshape rosters and playoff aspirations. The Rockets, despite retaining Eason, also dealt Dorian Finney-Smith and three second-round picks to the Charlotte Hornets. The ongoing influx of player movement and substantial contracts is creating a dynamic market, with NBA executives closely watching the cap implications of these significant spending Spree's as reported by ESPN. Elsewhere in the league, Billy Donovan has agreed to join the San Antonio Spurs as the lead assistant coach under head coach Mitch Johnson sources indicated.