Two other trades made during the NBA Finals: The Memphis Grizzlies moved guard Desmond Bane to the Orlando Magic for a package of players and draft picks, while the Eastern Conference champion Indiana Pacers reacquired their 2026 first-round pick in a deal that netted the New Orleans Pelicans the 23rd selection in this year's draft.

The June trade between the Rockets and Suns for Durant now includes the Hawks, Nets, Warriors, Lakers and Timberwolves.

The massive seven-team trade that will include Kevin Durant and Clint Capela going to Houston is now agreed upon by the teams involved, with include the aforementioned Rockets alongside the Phoenix Suns,

NBA free agency is underway, and after a week, some notable names remain unsigned. That includes Jonathan Kuminga and Josh Giddey, who are both restricted free agents this summer.

The NBA announced that the salary cap has been set at $154.647 million for the 2025-26 season, while the tax level is $187.895 million. The first apron level is set at $195.945 million, and the second apron level is $207.824 million. The salary cap and tax level went into effect at 12:01 a.m. ET on Tuesday.

Miami is getting an underrated perimeter scorer and shooter in Powell. He played 60 games for the Clippers last season, averaging 21.8 points per game to go along with 3.2 rebounds, 2.1 assists, and 1.2 steals. Powell also shot 48.4 percent from the floor and 41.8 percent from three-point range.

The Heat landed Norman Powell, and the Clippers finally got a power forward as John Collins arrives from Utah. Here’s the full scope of the trade, as reported by ESPN insider Shams Charania. Jazz get: Kevin Love, Kyle Anderson, Clippers’ 2027 second-round pick

Team Trade