It feels like only yesterday that the Oklahoma City Thunder were crowned 2025 NBA champions, but the offseason flurry already has the basketball world moving on to next year. The 2025 NBA Draft has come and gone with instant grades, winners and losers, and a way-too-early 2026 mock draft. Now it’s time for free agency to take the spotlight, with a smattering of trades expected along the way.
This is not the strongest crop of NBA free agents. The best player who could actually change teams is … Nickeil Alexander-Walker? Jonathan Kuminga? Maybe Myles Turner? Still, smart free agent signings are a key piece of any championship team, and the Thunder showed us that by inking Isaiah Hartenstein a year ago. The biggest moves are expected to come from trades, and there are a number of stars who could potentially be on the market.
This post will keep track of every NBA free agent signing and trade in 2025, starting with the deals that already happened. Remember: the contracts agreed to this week can’t go official until June 6.
Early 2025 NBA free agency moves
- Los Angeles Clippers, Nicolas Batum agree to two-year, $12 million deal
- Brooklyn Nets, Day’Ron Sharpe agree to two-year, $12 million
- Brooklyn Nets, Ziaire Williams agree to two-year, $12 million deal with team option
- Deandre Ayton waived by Portland Trail Blazers
- Houston Rockets, Jabari Smith Jr. agree to five-year, $122 million extension
- Milwaukee Bucks, Bobby Portis agree to three-year, $44 million deal
- Houston Rockets, James Harden agree to two-year, $81 million extension
- Oklahoma City Thunder, Ajay Mitchell agree to three-year, $9 million deal
- Utah Jazz trade Collin Sexton and a 2030 second-round pick to the Charlotte Hornets for Jusuf Nurkic
- Minnesota Timberwolves, Julius Randle agree to three-year, $100 million deal
- LeBron James picks up $52.6 million player option from Los Angeles Lakers
- Toronto Raptors, Garrett Temple agree to one-year, $3.6 million deal
- Cleveland Cavaliers, Sam Merrill agree to four-year, $38 million deal
- Miami Heat, Davion Mitchell agree to two-year, $24 million deal
- Chicago Bulls trade Lonzo Ball to Cleveland Cavaliers for Isaac Okoro
- Minnesota Timberwolves, Naz Reid agree to five-year, $125 million deal
- Houston Rockets, Fred VanVleet agree to two-year, $50 million deal
- Dallas Mavericks, Kyrie Irving three-year, $119 million deal
- Atlanta Hawks acquire Kristaps Porzingis from Boston Celtics in three-team deal. Read our trade grades.
- Jrue Holiday traded from Boston Celtics to Portland Trail Blazers for Anfernee Simons. Read our trade grades.
- Dallas Mavericks, Daniel Gafford agree to three-year, $60 million deal
- Kevin Durant traded to Houston Rockets from Phoenix Suns for Jalen Green, Dillon Brooks, No. 10 overall picks. Read our trade grades.
- Desmond Bane traded to Orlando Magic from Memphis Grizzlies for four first round picks. Read our trade grades.