NBA free agency is here, and there have already been several moves in the first two days. With the cap rising, players are landing lucrative deals, especially compared to previous seasons. Many big names have already signed, although Kevin Durant has yet to make his decision. The rumor mill is buzzing with potential contracts, and we're here to get you caught up on what's happened thus far. Here are all the latest NBA rumors and news you need to know.
If you're looking for a full list of all the contract signings, scroll to the bottom of this post.
Pau Gasol About To Get Paid
Gasol is one of the more well-known free agents left and according to Ramona Shelburne of ESPN, he's about to get a hefty contract.
The market for Pau Gasol appears to be around $18-22 million/year. Raptors, Bulls, Blazers, Wolves, Spurs among the teams in discussions with him, per sources. Not clear yet if he'll wait until Durant decides.
If Gasol doesn't wait until Durant decides, that could hurt the Spurs. San Antonio likely wouldn't have enough cap space to add both Gasol and Durant. The Raptors were a bit of a late entry into the race. The Trail Blazers might have offered Gasol a two-year, $40 million deal.
Kings Out On Rondo?
It seems the Kings won't be brining back Rajon Rondo to be their point guard next season.
Kings, moving on from Rajon Rondo, are comfortable with Darren Collison as their starter next season, I’m told. Will look for backup PG.
— David Aldridge (@daldridgetnt) July 3, 2016
Collison is facing domestic violence charges, so the Kings need to get a quality backup in the event he winds up in jail or suspended by the NBA. It's unclear who they are targeting. The three most likely landing spots before the draft seemed like the Knicks, Nets and Kings. But all three have landed a new point guard or moved on. Where Rondo plays next year is a major question mark and he might not be starting.
Nets Offer Tyler Johnson Offer Sheet
The Brooklyn Nets have offered Heat guard Tyler Johnson a four-year, $50 million contract. The structure of the contract is a classic poison pill.
Nets offer sheet to Tyler Johnson: $5,628,000 + $5,881,260 + $18,858,765 + $19,631,975 = $50,000,000 total. https://t.co/5LQJNW1OIi
— Albert Nahmad (@AlbertRandom1) July 3, 2016
Johnson can sign that offer sheet as soon as July 7th. The Heat will then have three days to match. The structure of that deal will give the Heat pause, even though they'd said they plan to match.
Warriors Hire Mike Brown
It's not a free agency move, but the Warriors have hired their replacement for Luke Walton. It's Mike Brown, and more on his hiring can be found here.
Latest contract agreements
Though no deal can be officially signed until July 7th, several deals have already been agreed upon. Below, we have every deal signed so far, with the source linked as well.
Arron Afflalo - 2 years, $25 million with Kings (Source)
Cole Aldrich - 3 years, $22 million with Timberwolves (Source)
Ryan Anderson - 4 years, $80 million with Rockets (Source)
Darrell Arthur - 3 years, $23 million with Nuggets (Source)
D.J. Augustin - 4 years, $29 million with Magic (Source)
Jerryd Bayless - 3 years, $27 million with 76ers (Source)
Nicolas Batum - 5 years, $120 million with Hornets (Source)
Kent Bazemore - 4 years, $70 million with Hawks (Source)
Bradley Beal - 5 years, $128 million with Wizards (Source)
Bismack Biyombo - 4 years, $72 million with Magic (Source)
Trevor Booker - 2 years, $18 million with Nets (Source)
Jordan Clarkson - 4 years, $50 million with Lakers (Source)
Mike Conley - 5 years, $153 million with Grizzlies (Source)
Matthew Dellavedova - 4 years, $38 million with Bucks (Source) (Cavs can match, aren't expected to)
Luol Deng - 4 years, $72 million with Lakers (Source)
DeMar DeRozan - 5 years, $139 million with Raptors (Source)
Andre Drummond - 5 years, $130 million with Pistons (Source)
Jared Dudley - 3 years, $30 million with Suns (Source)
James Ennis - 2 years, $6 million with Grizzlies (Source)
Evan Fournier - 5 years, $85 million with Magic (Source)
Jeff Green - 1 year, $15 million with Magic (Source)
Eric Gordon - 4 years, $53 million with Rockets (Source)
Justin Hamilton - 2 years, $6 million with Nets (Source)
Solomon Hill - 4 years, $48 million with Pelicans (Source)
Al Horford - 4 years, $113 million with Celtics (Source)
Dwight Howard - 3 years, $70.5 million with Hawks (Source)
Al Jefferson - 3 years, $30 million with Pacers (Source)
Joe Johnson - 2 years, $22 million with Jazz (Source)
Tyler Johnson - 4 years, $50 million with Nets (Source) (Heat can match, unclear if they will)
Wesley Johnson - 3 years, $18 million with Clippers (Source)
Courtney Lee - 4 years, $50 million with Knicks (Source)
Jon Leuer - 4 years, $42 million with Pistons (Source)
Jeremy Lin - 3 years, $36 million with Nets (Source)
Ian Mahinmi - 4 years, $64 million with Wizards (Source)
E'Twaun Moore - 4 years, $34 million with Pelicans (Source)
Timofey Mozgov - 4 years, $64 million with Lakers (Source)
Andrew Nicholson - 4 years, $26 million with Wizards (Source)
Joakim Noah - 4 years, $72 million with Knicks (Source)
Chandler Parsons - 4 years, $94 million with Grizzlies (Source)
Austin Rivers - 3 years, $35.7 million with Clippers (Source)
Ish Smith - 3 years, $18 million with Pistons (Source)
Mizra Teletovic - 3 years, $30 million with Bucks (Source)
Anthony Tolliver - 2 years, $16 million with Kings (Source)
Evan Turner - 4 years, $70 million with Trail Blazers (Source)
Hassan Whiteside - 4 years, $98 million with Heat (Source)
Marvin Williams - 4 years, $54.5 million with Hornets (Source)