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2024 NBA Offseason and Free Agency

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With the 2023-24 season complete, the 2024 NBA offseason has officially begun.

Teams are now able to negotiate with their own upcoming free agents. On June 30, teams will be able to negotiate with all free agents on the market, who will be able to officially sign their new contracts on July 6.


I'm expecting a very active NBA offseason as teams adjust to a new salary cap environment, where there will be greater penalties for going over the second tax apron in the 2024-25 season.

The shake-ups will likely begin during the draft, which starts on June 26, with more to come once teams are officially allowed to talk with all available free agents.


For more information on the first and second tax aprons, and their penalties:

www.hoopsrumors.com

Hoops Rumors Glossary: Tax Aprons

What's a tax apron? How is it calculated? What does it mean for NBA teams? We break it down here.
www.hoopsrumors.com www.hoopsrumors.com

www.sportingnews.com

NBA's second apron, explained: How latest collective bargaining agreement impacts salary cap, team spending | Sporting News

The NBA's new CBA introduces a second apron for big spenders, with harsh penalties for going over a certain amount. An explanation of the figures and penalties involved.
www.sportingnews.com www.sportingnews.com
 
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The Indiana Pacers reach an agreement with Pascal Siakam on a new 4-year $189.5 million contract

The Detroit Pistons part ways with head coach Monty Williams
 
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The Lakers reach an agreement with JJ Redick on a 4-year contract to become the new head coach of the L.A. Lakers
 
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Malik Monk is expected to stay with the Sacramento Kings on a new 4-year $78 million contract

The Chicago Bulls will trade Alex Caruso to the Oklahoma City Thunder for Josh Giddey
 
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The Cleveland Cavaliers are hiring Kenny Atkinson as their new head coach, on a five-year contract

The Toronto Raptors are expected to extend Scottie Barnes on a five-year rookie contract extension

The Minnesota Timberwolves agree to a four year extension with head coach Chris Finch
 
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The New York Knicks reach an agreement with OG Anunoby on a 5-year $212.5 million contract extension

https://twitter.com/i/web/status/1806088339470397766


The Washington Wizards trade Deni Avdija to the Portland Trail Blazers for the 14th pick in the draft, Bub Carrington, and Malcolm Brogdon

The Brooklyn Nets reach an agreement with Nic Claxton on a 4-year $100 million extension

The Denver Nuggets trade Reggie Jackson to the Charlotte Hornets for three future unprotected second round picks

The Toronto Raptors trade Jalen McDaniels to the Sacramento Kings for Davion Mitchell and Sasha Vezenkov
 
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The Toronto Raptors reach an agreement with Immanuel Quickley on a 5-year $175 million extension

The Dallas Mavericks trade Tim Hardaway Jr. to the Detroit Pistons for Quentin Grimes, a 2025 second round pick, and two 2028 second round picks

The Toronto Raptors pick up Bruce Brown's $23 million option

PJ Tucker will pick up his $11.5 million option with the Los Angeles Clippers

The Atlanta Hawks trade Dejounte Murray to the New Orleans Pelicans for Larry Nance Jr., Dyson Daniels, a 2025 first round pick, and the least favorable of a 2027 first round pick between the Bucks and the Pelicans

Josh Richardson will pick up his $3 million player option with the Miami Heat
 
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D'Angelo Russell will pick up his $18.7 million option with the Los Angeles Lakers

Russell Westbrook will pick up his $4 million player option with the Los Angeles Clippers

The Boston Celtics pick up Sam Hauser's 2.1 million option

The Phoenix Suns will re-sign Royce O'neal on a 4-year $44 million contract

LeBron James opts out of his contract with the Los Angeles Lakers, and is expected to re-sign

Paul George opts out of his contract with the Los Angeles Clippers

Cam Reddish will pick up his $2.5 million option with the Los Angeles Lakers

The New York Knicks pick up Jericho Sims' $2 million option
 
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The Detroit Pistons reach an agreement with J.B. Bickerstaff to become the new coach of the Detroit Pistons

Obi Toppin is expected to re-sign with the Indiana Pacers on a new 4-year $60 million contract

The Golden State Warriors will waive Chris Paul

James Harden is expected to re-sign with the Los Angeles Clippers on a new 2-year $70 million contract

Luke Kornet will re-sign with the Boston Celtics on a new 1-year $2.8 million contract

Andre Drummond is expected to sign with the Philadelphia 76ers on a 2-year deal

Kevin Love is expected to re-sign with the Miami Heat

Kevin Porter Jr. is expected to sign with the Los Angeles Clippers

Kentavious Caldwell-Pope is expected to sign a 3-year $66 million contract with the Orlando Magic

The Detroit Pistons are expected to extend Cade Cunningham on a five-year $225 million contract

Eric Gordon is expected to sign with the Philadelphia 76ers

Mason Plumlee is expected to sign with the Phoenix Suns on a one-year deal at $3.3 million

Chris Paul will sign a one-year $11 million deal with the San Antonio Spurs

Jonas Valanciunas is expected to sign a 3-year $30 million contract with the Washington Wizards

The Los Angeles Clippers plan to sign Derrick Jones Jr. to a 3-year $30 million contract
 
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The Philadelphia 76ers are expected to re-sign Kelly Oubre to a 2-year $16.3 million contract

The Philadelphia 76ers are expected to sign Paul George to a 4-year $212 million contract

The Philadelphia 76ers are expected to extend Tyrese Maxey to a 5-year $204 million contract

The Oklahoma City Thunder are expected to sign Aaron Wiggins to a 5-year $47 million contract

The Oklahoma City Thunder are expected to sign Isaiah Joe to a 4-year $48 million contract

The Chicago Bulls are expected to sign Jalen Smith to a 3-year $27 million contract

The Oklahoma City Thunder are expected to sign Isaiah Hartenstein to a 3-year $87 million contract

The Detroit Pistons are expected to sign Tobias Harris to a 2-year $52 million contract

The Milwaukee Bucks are expected to sign Delon Wright to a 1-year 3.3 million contract

The Boston Celtics have agreed to a 4-year $125.9 million contract extension with Derrick White

The Boston Celtics franchise is expected to be put up for sale by majority ownership group, Boston Basketball Partners LLC

The Utah Jazz are expected to sign Drew Eubanks to a 2-year $10 million contract

The Dallas Mavericks are expected to sign Klay Thompson to a 3-year $50 million contract

The Los Angeles Clippers are expected to sign Nicolas Batum to a 2-year $9.6 million contract

The Houston Rockets are expected to sign Aaron Holiday to a 2-year $10 million contract

Collin Gillespie is expected to sign with the Phoenix Suns on a two-way deal

Goga Bitadze is expected to re-sign with the Orlando Magic on a 3-year $25 million contract

The Boston Celtics are expected to sign Jayson Tatum to 5-year $314 million contract extension

Gary Harris is expected to stay with the Orlando Magic on a 2-year $14 million contract

Mo Bamba is expected to sign with the Los Angeles Clippers on a 1-year contract

Kris Dunn is expected to sign with the Los Angeles Clippers
 
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Donovan Mitchell agrees to a 3-year $150.3 million contract extension with the Cleveland Cavaliers

The Indiana Pacers are expected to sign James Wiseman on a 2-year contract

Mo Wagner is expected to return to the Orlando Magic a new 2-year $22 million contract

The Golden State Warriors are expected to acquire Kyle Anderson in a sign and trade with the Minnesota Timberwolves at 3-years, $27 million, in exchange for a future second round pick and cash

Xavier Tillman is expected to remain with the Boston Celtics on a 2-year minimum contract

The Orlando Magic are expected to sign Jonathan Isaac to a 5-year $84 million contract extension
 
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LeBron James is expected to re-sign with the Los Angeles Lakers on a 2-year $104 million contract

The Minnesota Timberwolves are expected to sign Joe Ingles to a 1-year contract

The Miami Heat are expected to sign Alec Burks to a 1-year contract

Taurean Prince is expected to sign with the Milwaukee Bucks
 
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The Golden State will acquire Buddy Hield from the Philadelphia 76ers for a 2031 second round draft pick

The Orlando Magic are expected to sign Franz Wagner to a 5-year $224 million contract extension
 
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Malik Beasley is expected to sign a 1-year $6 million contract with the Detroit Pistons

The Philadelphia 76ers are expected to sign Caleb Martin to a 4-year $32 million contract
 
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As of 12:01 PM today, the offseason moratorium has been lifted, and all signings and transactions can be finalized officially.
 
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Miles Bridges will return to the Charlotte Hornets on a a 3-year $75 million contract

Simone Fontecchio agrees on a 2-year contract to stay with the Detroit Pistons

Dario Saric agrees to a 2-year $10.6 million contract with the Denver Nuggets

The Sacramento Kings are acquiring Demar Derozan in a trade that sends Harrison Barnes to the San Antonio Spurs, and Chris Duarte and two second round picks to the Chicago Bulls. Derozan will sign a 3-year, $76 million contract with the team

The Denver Nuggets are signing Vlatko Cancar
 
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Daniel Theis will sign a 1-year deal with the New Orleans Pelicans

Haywood Heismith will return to the Miami Heat on a 2-year $11 million contract
 
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Saddiq Bey will sign with the Washington Wizards on a 3-year $20 million deal

Kyle Lowry will return to the Philadelphia 76ers on a 1-year deal
 
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