2024 NBA Free Agency Tracker: Top players, news, live updates, rumors, deadline, signings (2024)

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The chase to beat the Boston Celtics — or, for a lot of teams, the chase toward respectability — gets serious today with the official start of NBA free agency (and a busy trade window).

Not every team waited for today — the Knicks pushed themselves into contention by trading for Mikal Bridges before the NBA Draft.

Teams can officially talk to free agents starting at 6 ET (although, in the NBA world of tampering, many of these discussions are already done or at least well along). In this tracker we will give you all the latest signings, trades, rumors and reports all in one place (all in order of when they happened, with the most recent news on top). This is a short synopsis with first-blush thoughts on any deals; follow the links to see a more detailed analysis.
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NBA official salary cap numbers are out

The NBA announced the official salary cap numbers for the 2024-25 season, and they are just a little lower than expected. The official numbers are:

• Team minimum salary $126.529 million
• The NBA salary cap is $140.588 million
• NBA luxury tax line is $170.814 million
• The first tax apron is $178.132 million
• The second tax apron is $188.931 million

What does that mean for your team (if you're a Suns fan and wonder why being above the second apron hamstrings your team), Keith Smith has this cheat sheet that should help.

Enough people seem to like this, so I figured I would share with all.

This isn't the be all, end all of what different levels mean for NBA teams, but think of it as a quick reference guide for when you hear all about cap space, over-the-cap and first & second aprons this summer! pic.twitter.com/NPUapAmSot

— Keith Smith (@KeithSmithNBA) June 30, 2024

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Max Christie agrees to re-sign with Lakers for four years, $32 million

If Max Christie is the rotation player the Lakers think he is — and he's penciled in as a rotation player for next season — this is a good deal for both sides. Christie agreed to a four-year, $32 million contract with the Lakers, reports Adrian Wojnarowski of ESPN.

ESPN Sources: Restricted free agent G Max Christie intends to sign a four-year, $32 million deal to stay with the Los Angeles Lakers. Deal includes player option. Christie — 35th pick in the 2022 draft — has shown promise as a future LA rotation player. pic.twitter.com/75Y86oszJa

— Adrian Wojnarowski (@wojespn) June 30, 2024

Just a reminder that Christie is just 21 years old — he's two years younger than just drafted Dalton Knecht. Last season he was playing 14 minutes a game, but the Lakers hope to see that number go up under J.J. Redick, Christie has shot 37.8% on 3-pointers in his two NBA seasons and the Lakers are going to be launching from deep more next season.
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Would Klay Thompson really take a huge discount to be in Los Angeles?

Negotiations between the Warriors and Klay Thompson have fallen apart — they have not spoken in weeks and there is no offer currently on the table — but when they talked, the Warriors reportedly were offering a couple of years (maybe a team option on a third) at around $20 million a year. Thompson found that insulting enough to want to leave the team he has been with for 13 years and won a title with.

Now comes an interesting report from Jake Fischer at Yahoo Sports that Thompson might be open to taking the mid-level exception — $12.7 million a season — to play in Los Angeles with the Lakers or Clippers.

That would be some real spite toward the Warriors.

LeBron James opting out of his $51.4 million player option (along with some smaller moves) means the Lakers can offer that full mid-level, it means LeBron would take about a $16 million pay cut but he is reportedly open to it if it lands Thompson (or DeMar DeRozan). Whether the Clippers can offer the MLE depends on what happens with Paul George (keep reading below) and James Harden.

The Mavericks, Lakers and Clippers are all reportedly talking to the Warriors about a sign-and-trade deal that could get Thompson more money (salaries would have to match in a trade). The challenge for all three teams is that any sign-and-trade or use of the mid-level exception hard caps them at the first tax apron ($178.7 million), a number all three teams were expected to exceed that number.
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Paul George remains the lynchpin of free agency

There will be a flurry of action the second NBA free agency opens — not that there’s any tampering in the NBA, how could you say such a thing? — but the biggest move will likely be on hold for a bit.

That’s because a lot of things will be on hold until Paul George makes a decision.

Paul George to Philadephia rumors are heating up, according to Chris Hanes at Bleacher Report in their live stream. The 76ers will offer George the four-year max ($212 million from them) the Clippers would not (reportedly only three years at around $150 million, the discounted amount Kawhi Leonard signed for to stay home in Southern California).

George will reportedly go old school and take a free agent meeting with the 76ers, Orlando Magic and Clippers, then make his decision.

DeMar DeRozan is going to wait to decide on his free agency until after George makes his call — and he could end up with the Clippers if George leaves. The Lakers are also interested if DeRozan wants to play in his home city.

Any trade of Brandon Ingram also would likely be on hold until George makes a call. There are other moves that would be dominoes to fall after that, but it’s all waiting on George.

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Signing: Obi Topin agrees to four-year, $60 million to stay with Pacers

Obi Topin is as good a lob finisher as there is in the NBA. Tyrese Haliburton is as good a lob passer as the league has right now.

Indiana wisely wants to keep them together and struck a deal to do so.

ESPN Sources: Restricted free agent F Obi Toppin intends to sign a four-year, $60 million contract to stay with the Indiana Pacers. Toppin emerged as a top bench contributor for the Eastern Conference finalists. pic.twitter.com/sJP8q5prJe

— Adrian Wojnarowski (@wojespn) June 30, 2024

This is a fair deal for a solid rotation player, in a couple of years that will basically be the mid-level exception or a little lower.

2024 NBA Free Agency Tracker: Top players, news, live updates, rumors, deadline, signings (2024)

FAQs

What time does NBA free agency start in 2024? ›

Buddy Hield reportedly is joining the Warriors on a multi-year sign-and-trade deal. Keep track of the latest offseason news during the 2024 free agency period, which officially opened June 30 at 6 p.m. ET. For the latest moves on official deals, visit our transactions page for all 30 teams.

How much did the Celtics sell for? ›

Back in 2002 the ownership group purchased the team for $360 million and now it is valued at close to $5 billion and could conceivably be sold for much more than that. That makes sense. Fabulously rich people like to cash in on their huge investments when they return profits that make them even more fabulously rich.

What is the NBA max contract for 2024? ›

Now that the NBA has set its salary cap for the 2024/25 league year at $140,588,000, we have a clear idea of what maximum-salary contracts will look like for the coming season. Listed below are the maximum-salary contracts for players signing contracts that start in 2024/25.

Who have the Warriors signed in free agency? ›

ESPN Sources: Free agent Buddy Hield is joining Golden State on a sign-and-trade deal guaranteed for two years and $21 million. Hield gets $18M in first two years, a $3M partial guarantee in 3rd year and player option on non-guaranteed 4th year.

What day does NBA free agency start? ›

NBA offseason key dates

June 30 marks the beginning of free agent negotiations. Starting at 18:00 ET, teams can officially start discussions with players from other teams. The next day, July 1, the free agency moratorium begins at 12:01 a.m.

When can LeBron become a free agent? ›

LeBron James will decline his $51.4 million player option with the Lakers for the 2024-25 season and become an unrestricted free agent, but he is expected to return to the organization on a new contract, The Atheltic reported on Saturday morning.

When can NBA players start signing? ›

Contracts can be signed and made official starting on July 6.

Can a player decline a draft pick in the NBA? ›

The complicated world of the NBA Draft and the Draft Rights that follow can be hard to understand, even more so when a player says no to the team drafting him. Though you wouldn't think so, drafted players in the NBA can actually refuse to play for the team that drafted them.

Where is the NBA All Star Game going to be in 2024? ›

How much would it cost to buy the Celtics? ›

Forbes values the Celtics at $4.7 billion, and Sportico values them at $5.1 billion, a 1300% increase in the team's value under the current ownership regime.

Did GE pay the Boston Celtics $7 million a year? ›

General Electric Co. will pay more than $7 million a year under an agreement with the Boston Celtics to put the company's iconic round logo on the basketball team's uniforms, according to a person familiar with the deal who asked not to be identified.

Is Tyrese Maxey a free agent? ›

2024 NBA free agency: Tyrese Maxey, Sixers agree to 5-year, $204M max contract. As expected, Joel Embiid's NBA All-Star playing partner is not leaving the Philadelphia 76ers. Restricted free-agent guard Tyrese Maxey agreed to a five-year, $204 million contract with the Sixers, according to ESPN's Adrian Wojnarowski.

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