NBA Trade and Signing News Roundup: June 30, 2025 - Latest Free Agency Updates

NBA Trade and Signing News Roundup: June 30, 2025

The 2025 NBA free agency period officially kicked off on June 30 at 6 p.m. ET, sparking a flurry of trades, signings, and extensions that have reshaped rosters across the league. As teams gear up to challenge the reigning champions, the Oklahoma City Thunder, here’s a comprehensive look at the most significant moves reported on June 30, 2025.

Blockbuster Trades Steal the Spotlight


The trade market was ablaze even before free agency began, with superstars like Kevin Durant changing teams. The Phoenix Suns traded Durant to the Houston Rockets in a massive deal that sent guards Jalen Green, Dillon Brooks, the No. 10 pick (Khaman Maluach), and five second-round picks to Phoenix. This move bolsters Houston’s roster with a veteran superstar while giving the Suns young talent and draft capital to rebuild.

Elsewhere, the Denver Nuggets shook up their lineup by trading Michael Porter Jr. to the Brooklyn Nets for Cam Johnson, adding a versatile wing to complement Nikola Jokić. The Boston Celtics, fresh off their 2024 championship, continued their roster overhaul by sending Jrue Holiday to the Portland Trail Blazers for Anfernee Simons and two second-round picks, while Kristaps Porziņģis was dealt to the Atlanta Hawks in a three-team trade involving Brooklyn.
The Chicago Bulls also made waves, trading Lonzo Ball to the Cleveland Cavaliers for Isaac Okoro, a move aimed at addressing Cleveland’s potential loss of Ty Jerome in free agency. Meanwhile, the Memphis Grizzlies traded Desmond Bane to the Orlando Magic, and the Utah Jazz sent Collin Sexton to the Charlotte Hornets for Jusuf Nurkić.



Key Free Agency Signings and Extensions


Free agency negotiations opened with several high-profile players securing new deals. LeBron James opted into his $52.6 million player option for the 2025-26 season with the Los Angeles Lakers, signaling his intent to chase another championship. James Harden, meanwhile, declined his option but re-signed with the Los Angeles Clippers for a two-year, $81 million deal, capitalizing on his All-NBA campaign.

In Houston, the Rockets continued their aggressive offseason by signing Dorian Finney-Smith to a multi-year contract and extending Fred VanVleet with a two-year, $50 million deal. The Milwaukee Bucks locked in Bobby Portis for three years at $44 million, while the Cleveland Cavaliers secured Sam Merrill for four years at $38 million.
Other notable signings include Luke Kornet joining the San Antonio Spurs for four years, $41 million, and Tre Jones re-signing with the Chicago Bulls for three years, $24 million. The Oklahoma City Thunder also extended Jaylin Williams for three years, $24 million, reinforcing their championship core.


Players to Watch

Several key free agents remain on the market, including Myles Turner, Jonathan Kuminga, and Julius Randle, who could command significant contracts. Josh Giddey, a restricted free agent with the Bulls, is expected to draw offers near $30 million annually, with Chicago likely to match.


What’s Next?


With the NBA salary cap set at $154.647 million for the 2025-26 season, teams are navigating financial constraints to finalize deals. Contracts can be officially signed starting July 6, 2025, at 12 p.m. ET, marking the end of the moratorium period. Expect more trades and signings as teams position themselves for the upcoming season.

Stay tuned for live updates as the 2025 NBA offseason unfolds, with more blockbuster moves and signings likely on the horizon. For the latest NBA trade and free agency news, bookmark our tracker for real-time updates.
Sources: NBA.com, ESPN, Yahoo Sports, Shams Charania on X

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