NBA Free Agency 2025: Latest Trades, Signings, and Blockbuster Deals

NBA Major News Today: Trades and Signings (June 30, 2025)

The NBA offseason is in full swing, and June 30, 2025, has delivered a flurry of major trades and signings that are reshaping the league. From superstar extensions to surprising trade rumors, here’s a roundup of the most significant NBA news today.

Key Trades Shaking Up the League

1. Houston Rockets’ Blockbuster Moves
   The Houston Rockets have been at the center of the offseason buzz. After acquiring Kevin Durant in a blockbuster trade, they’ve continued to bolster their roster. Today, the Rockets agreed to a five-year, $122 million extension with Jabari Smith Jr., locking in the young star who has already amassed 2,500 points and 1,500 rebounds in his career. Additionally, they secured a three-year, $39 million extension with center Steven Adams and re-signed key free agents like Fred VanVleet (two-year, $50 million deal) and Jae’Sean Tate. The Rockets are also rumored to be in the mix for Giannis Antetokounmpo, with their stockpile of draft picks and young talent like Reed Sheppard and Cam Whitmore making them a serious contender if the Bucks star becomes available.
2. Orlando Magic and Memphis Grizzlies’ Blockbuster Trade
   The Orlando Magic pulled off a major deal, acquiring sharpshooter Desmond Bane from the Memphis Grizzlies in exchange for Cole Anthony, Kentavious Caldwell-Pope, four first-round picks, and a 2029 pick swap. Memphis later rerouted one of those picks to the Portland Trail Blazers for Chinese center Yang Hansen, signaling a busy offseason for both franchises.
3. Washington Wizards and Oklahoma City Thunder Swap
   The Wizards traded Colby Jones to the Thunder for Dillon Jones and a 2029 second-round pick from the Houston Rockets. This move reflects Oklahoma City’s focus on fine-tuning their roster as they build around their young core.
4. Boston Celtics’ Surprising Trade
   The Celtics made waves by trading Jrue Holiday to the Portland Trail Blazers for Anfernee Simons and two second-round picks. This deal gives Boston a dynamic young guard in Simons, who averaged 20.7 points over the past three seasons, while Portland gains a veteran presence in Holiday.

Major Signings and Extensions

1. LeBron James Stays with the Lakers
   LeBron James opted into his $52.6 million player option for the 2025-26 season with the Los Angeles Lakers, signaling his commitment to chasing another championship. However, posts on X suggest ongoing trade speculation, with some wondering if James could be eyeing a move elsewhere, given his no-trade clause.
2. James Harden Re-Signs with the Clippers
   James Harden declined his $36.3 million player option but quickly agreed to a two-year, $81.5 million deal to remain with the LA Clippers. The second year is partially guaranteed with a player option, giving Harden flexibility.
3. Kyrie Irving Commits to Dallas
   Despite a torn ACL last season, Kyrie Irving declined his $43 million option with the Dallas Mavericks and signed a three-year, $119 million contract to stay in Dallas, solidifying their backcourt alongside Luka Doncic.
4. Malik Beasley’s Talks on Hold
   The Detroit Pistons were in discussions to re-sign Malik Beasley to a three-year, $42 million deal, but talks are now paused due to an ongoing investigation into allegations of gambling related to NBA games and prop bets.
5. Other Notable Extensions
   • Davion Mitchell signed a two-year, $24 million deal to return to the Miami Heat after being part of a multi-team trade involving Jimmy Butler.
   • Daniel Gafford is expected to sign a three-year, $60 million extension with the Washington Wizards following a career-best season.
   • Naz Reid intends to sign a five-year, $125 million contract with the Minnesota Timberwolves, securing a key piece for their roster.

Rumors and Potential Moves

1. San Antonio Spurs Eye Guerschon Yabusele
   The Spurs are reportedly the leading contenders to sign Guerschon Yabusele away from the Philadelphia 76ers, though Philly hasn’t given up hope of retaining him.
2. Golden State Warriors’ Trade Targets
   The Warriors are rumored to be pursuing Mark Williams from the Charlotte Hornets in a potential deal involving Moses Moody and a 2026 first-round pick. They’re also linked to P.J. Washington from the Dallas Mavericks to bolster their frontcourt around Stephen Curry and Jimmy Butler.
3. Milwaukee Bucks Targeting Andrew Wiggins
   The Bucks are exploring a trade for Andrew Wiggins to add depth and experience alongside Giannis Antetokounmpo, aiming to improve their championship odds.
4. Deandre Ayton’s Contract Buyout
   In a surprising move, Deandre Ayton is finalizing a contract buyout with the Portland Trail Blazers, making him a free agent. This opens the door for Ayton to join a contender or a team with cap space.

What’s Next?

As NBA free agency officially begins today at 6 p.m. ET, teams can start negotiating with free agents, with signings permitted starting July 6. Expect more blockbuster deals and signings as teams finalize their rosters for the 2025-26 season. Stay tuned for updates on potential moves involving stars like Giannis Antetokounmpo, Jonathan Kuminga, and others as the offseason heats up.

For the latest NBA news, trades, and signings, keep checking trusted sources like ESPN, HoopsHype, and Yahoo Sports.