Holiday moves from Portland to Miami along with a 2027 second-rounder routed through Houston, with the Blazers taking back Nikola Jovic plus second-round picks in 2027 and 2031. Houston's payoff is a backcourt defender to pair with Fred VanVleet and Reed Sheppard.
Sports Illustrated's Blake Silverman has floated Houston as a landing spot for Anthony Davis if Washington moves away from him, pairing Davis with Kevin Durant. Shams Charania reports the Wizards and Davis' agent, Rich Paul, have agreed to hold off on extension talks until roughly 20 games into the season.
Grant Williams and a 2030 second-round pick would head to the Lakers in a floated three-team deal, with Charlotte shedding his $14.2 million salary for a 2031 second and the Clippers absorbing Dalton Knecht and Jaxson Hayes-type young pieces via a trade exception.
Klay Thompson's camp talked with the Lakers in the 2024 offseason, with LeBron James willing to take less money to fit him in, but Thompson signed with Dallas instead.
Jalen Duren, Jonathan Kuminga and Bennedict Mathurin remain the notable unsigned free agents, per Yahoo Sports and NBC Sports, with Yahoo suggesting both Duren and Kuminga are positioned to sign for less than they had hoped.
EuroLeague guard Sylvain Francisco says he had a chance to sign with Chicago but the timing collapsed. He told media his July 20 deadline to trigger his NBA out clause from ASVEL passed before LeBron James signed with Philadelphia four days later, and the Bulls' preceding trade stalled while the league waited.
Miami is reportedly set to sign Klay Thompson once he clears waivers Sunday following his buyout with Dallas, using part of its Non-Taxpayer MLE.
Klay Thompson has agreed to a buyout with Dallas and is expected to sign with Miami, per a report cited by CBS Sports, giving the Heat a shooter alongside Giannis Antetokounmpo and Bam Adebayo.
Nikola Jokic can hit free agency next summer, and a CBS Sports column argues Denver's quiet offseason has done little to make him want to stay, even if he most likely does.
ESPN's Shams Charania reports the Denver Nuggets are signing DeMar DeRozan to a one-year, $3.9 million contract.
Klay Thompson and Dallas have agreed to a buyout, and ESPN reports he cleared waivers on Sunday before agreeing to a two-year deal with Miami, joining a Heat roster that includes Giannis Antetokounmpo.
Contract talks between the Pistons and restricted free agent Jalen Duren have gotten "awfully nasty," ESPN's Tim MacMahon said on Brian Windhorst's podcast, with the two sides at an impasse and no new deal agreed.
Cleveland has waived Cam Whitmore, per HoopsHype's Michael Scotto, eight days after acquiring him from Washington in the five-team sign-and-trade that brought Peyton Watson from Denver.
Malique Lewis, the No. 60 pick in the second round by Milwaukee, is expected to join the Cairns Taipans in Australia's NBL, turning him into a draft-and-stash for the Bucks. The 21-year-old averaged 6.9 points and 4.3 rebounds last season with the South East Melbourne Phoenix.
Two league sources point to a middle ground between Josh Hart and the Knicks on a three-year extension worth roughly $54 million to $62 million, or about $18-20 million a year, close to his current rate.
Kansas freshman Tyran Stokes remains in the mix for the No. 1 pick in the 2027 draft, per ESPN, which pegged him as the early frontrunner back in June.
Cleveland has officially signed James Harden to a three-year, $97 million contract, president Koby Altman confirmed. The deal includes a player option for 2028-29 and a trade kicker, according to agents Mike Silverman, Troy Payne and Brandon Grier of Equity Sports, who represent Harden.
ESPN's Jeremy Woo reports that Baskonia guard Stefan Joksimovic gained more 2027 draft momentum this summer than any other prospect, with evaluators now seeing him as a genuine No. 1 pick candidate. Woo had tabbed Tyran Stokes as the early favorite back in June.
Denver has signed Peyton Watson to a multi-year contract. No terms disclosed.
Peyton Watson is on his way to the Cavaliers in a deal with the Nuggets, per CBS Sports, which handed out grades on the swap and framed it as Cleveland adding a wing coming off a step forward while questioning what Denver is building around Nikola Jokic.
