NBA Free Agency is now officially open for 2025! Teams can now negotiate with players, and reach agreements, but contracts cannot be signed. From July 1-6, the NBA is in a moratorium, and all agreements in place will be signed after it’s lifted.
The Blazers have been very busy this month, trading Anfernee Simons for Jrue Holiday, buying out Deandre Ayton at a discount, and declining an offer to Jabari Walker.
The Blazer’s Edge writing staff will be updating this article through the day, and will move to a new one when this one is overloaded with news and comments.
Top Stories
The Denver Nuggets are trading Michael Porter Jr. and an unprotected 2032 first-round pick to the Brooklyn Nets for Cam Johnson, according to ESPN’s Shams Charania. We have a separate story for this.
Luke Kennard plans to sign a one-year, $11 million deal with the Atlanta Hawks, according to Charania. The sharpshooting guard had been lightly linked to the Trail Blazers in a report earlier in the day by HoopsHype’s Michael Scotto.
The Stein Line’s Jake Fischer notes that the Blazers may consider holding onto their midlevel exception for an in-season trade, via his live podcast. (Thanks to akimbonautilus in the comments)
The Memphis Grizzlies and Jaren Jackson Jr. are reaching terms on a 5 year. $240 million maximum extension with a player option. (Charania)
Completed Agreements
Gary Trent, Jr agrees to return to the Bucks for two years, $7.5 million with a player option. (Charania)
Nikeil Alexander-Walker plans to sign a four-year, $62 million deal with the Atlanta Hawks, plus a player option and a trade kicker. The deal is part of a sign-and-trade, so Atlanta is sending Minnesota a 2027 second-round pick via Cleveland and cash. (Charania)
Dorian Finney-Smith plans to leave the Los Angeles Lakers to sign a four-year, $53 million deal with the Houston Rockets. (Charania)
Ty Jerome plans to sign a three-year, $28 million deal with the Grizzlies, per Charania. Jerome was one of BE Managing Editor Dave Deckard’s ideal free agent targets for Portland.
Santi Aldama plans to sign a three-year, $52.5 million deal to stay with the Grizzlies. (Charania)
Brook Lopez plans to sign a two-year, $18 million deal with the LA Clippers. (Charania)
Clint Capela plans to sign a three-year, $21.5 million deal with the Houston Rockets. (Charania)
Kevon Looney plans to sign a two-year, $16 million deal with the New Orleans Pelicans. (Charania)
Luke Kornet plans to sign a four-year, $41 million deal with the San Antonio Spurs. (Charania)
Caris LeVert plans to sign a two-year, $29 million deal with the Detroit Pistons. (Charania)
Bruce Brown Jr. plans to sign a one-year deal with the Denver Nuggets. (Charania)
Tyus Jones plans to sign a one-year, $7 million deal with the Orlando Magic. (Scotto)
D’Angelo Russell plans to sign a two-year, $13 million deal to join the Dallas Mavericks. The contract has a player option in the second year. (Charania, Haynes and others)
Jake LaRavia plans to sign a two-year, $12 million deal with the Lakers. (Charania)
Tre Jones plans to sign a three-year, $24 million deal to stay with the Chicago Bulls. (Charania)
Nicolas Batum plans to sign a two-year, $11.5 million deal to return to the Clippers (Charania)
Kevin Porter Jr. plans to sign a two-year, $11 million deal to stay with the Milwaukee Bucks. (Charania)
Joe Ingles plans to sign a one-year, $3.6 million deal to remain with the Minnesota Timberwolves. (Charania)
Jeff Green and Aaron Holiday plan to re-sign with the Rockets on one-year deals at the veteran’s minimum. (The Athletic’s Kelly Iko)
Paul Reed plans to sign a two-year, $11 million deal to stay with the Detroit Pistons. (Charania)
Day’Ron Sharpe plans to sign a two-year, $12 million deal to return to the Brooklyn Nets. (Charania)
Ziaire Williams plans to sign a two-year, $12 million deal to stay with the Nets. The second year of the deal is a team option. (Charania)
Cam Spencer plans to sign a two-year, $4.5 million fully guaranteed contract with the Grizzlies. (Charania)
Luka Garza plans to sign a two-year, $5.5 million fully guaranteed deal with the Boston Celtics. (Charania)
Collin Gillespie plans to sign a guaranteed one-year contract to remain with the Phoenix Suns. (Charania)
Jae’Sean Tate plans to sign a one-year, $3 million deal with the Rockets. (Scotto)
Jordan Clarkson is finalizing a contract buyout with the Utah Jazz (Charania)
Nigel Hayes-Davis is departing the EuroLeague to sign a fully guaranteed one-year deal with the Suns. (Charania)
Mason Plumlee plans to sign a one-year, $3.6 million deal to return to the Charlotte Hornets. (Charania)
Taurean Prince will return to the Bucks on a two-year, $7.1 million deal. (Charania)
Jordan Clarkson is expected to join the New York Knicks once he clears waivers. (Charania)
Trendon Watford has agreed to a two-year, $5.3 million deal with the 76ers. (Charania)
Transactions
The Utah Jazz are waiving forward Johnny Juzang, (Charania).
The Charlotte Hornets declined the qualifying offer for Tre Mann (Scotto).
The Hornets and Josh Okogie have agreed to push back the decision date on his $7.75 million option to July 15 (Scotto)
The Utah Jazz have guaranteed Svi Mykhailiuk for 2025-26. (Scotto)
Other News and Rumors
The Kings will do virtual meetings with former Blazer Malcolm Brogdon, as well as Dennis Schoder (who has since agreed to terms) and Russell Westbrook, and could be interested in signing more than one player. (Fischer and Chris Haynes)
The Lakers may be interested in former Trail Blazer Deandre Ayton. (Various reports)
The Warriors may be eyeing Al Horford with their taxpayer MLE (The Athletic)
The Warriors have not reached terms with Jonathan Kuminga and he is expected to explore the market (The Athletic)
The Detroit Pistons are gauging the trade market on forward Simone Fontecchio. (Scotto)