NBA free agency 2021: Live updates, trade rumors, news as Suns keep Chris Paul; Heat, Bulls make big splash – CBSSports.com

After a busy start to free agency around the NBA, the next couple days should be focused on smaller signings of role players and trades. Many of the top free agents are already off the board, as players like Chris Paul, Mike Conley and Norman Powell all are re-signing with their respective teams, while Stephen Curry, Jimmy Butler, Trae Young and Shai Gilgeous-Alexander have reportedly agreed to new long-term deals. Meanwhile, other stars like Kyle Lowry and Lonzo Ball have been moved via sign-and-trade agreements.

While teams began negotiating contracts with players at 6 p.m. ET on Monday, Aug. 2, there is a moratorium until 12:01 p.m. on Friday, Aug. 6, after which deals can officially be signed. Most of the time that’s just a technicality, but on rare occasions players have backed out of those verbal agreements. 

It should be a busy few days around the NBA, and we have you covered with all the action right here. 

Live updates below Winners and losers Free agency tracker | Top 45 players

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Notable (reported) free agency deals

• G Trae Young (Atlanta Hawks, extension): 5 years, $207M range

• F Jimmy Butler (Miami Heat, extension): 4 years, over $184M

• G Shai Gilgeous-Alexander (Oklahoma City Thunder, extension): 5 years, $172M

• G Chris Paul (Phoenix Suns): 4 years, up to $120M

• C Jarrett Allen (Cleveland Cavaliers): 5 years, $100M

• G Kyle Lowry (Miami Heat sign-and-trade): 3 years, $90M

• G Duncan Robinson (Miami Heat): 5 years, $90M

• G Norman Powell (Portland Trail Blazers): 5 years, $90M

• G Lonzo Ball (Chicago Bulls, sign-and-trade): 4 years, $85M

• G/F Evan Fournier (New York Knicks): 4 years, $78M

• G Tim Hardaway Jr. (Dallas Mavericks): 4 years, $74M

• G Mike Conley (Utah Jazz): 3 years, $72.5M

• C Richaun Holmes (Sacramento Kings): 4 years, as much as $55M

• G Gary Trent Jr. (Toronto Raptors): 3 years, $54M

• G Derrick Rose (New York Knicks): 3 years, $43M

• F Doug McDermott (San Antonio Spurs): 3 years, $42M

• F/C Kelly Olynyk (Detroit Pistons): 3 years, $37M

• G Alex Caruso (Chicago Bulls): 4 years, $37M

• C Daniel Theis (Houston Rockets sign-and-trade): 4 years, $36M

• G TJ McConnell (Indiana Pacers): 4 years, $35.2M

• C Nerlens Noel (New York Knicks):  3 years, $32M

• G Will Barton (Denver Nuggets): 2 years, $32M

• G/F Reggie Bullock (New York Knicks): 3 years, $30.5M

• G Alec Burks (New York Knicks): 3-year, $30M

• F/C Zach Collins (San Antonio Spurs): 3 years, $22M

• G Cameron Payne (Phoenix Suns): 3 years, $19M

• F JaMychal Green (Denver Nuggets): 2 years, $17M

• G/F Furkan Korkmaz (Philadelphia 76ers): 3 years, $15M

• G/F David Nwaba (Houston Rockets): 3 years, $15M

• F P.J. Tucker (Miami Heat): 2 years, $15M

• F Rudy Gay (Utah Jazz): 2 years, $12.1M

• G Cory Joseph (Detroit Pistons): 2 years, $10M

• F Torrey Craig (Indiana Pacers): 2 years, $10M

• F/C Jeff Green (Denver Nuggets): 2 years, $10M

• F Bobby Portis Jr. (Milwaukee Bucks): 2 years, $9M

• F Maurice Harkless (Sacramento Kings): 2 years, $9M

• F/C Alex Len (Sacramento Kings): 2 years, $7.65M

• F Mike Muscala (Oklahoma City Thunder): 2 years, $7M

• G/F Sterling Brown (Dallas Mavericks): 2 years, $6.2M

• F Trey Lyles (Detroit Pistons): 2 years, $5M

• C JaVale McGee (Phoenix Suns): 1 year, $5M

• C Robin Lopez (Orlando Magic): 1 year, $5M   

• G Bruce Brown Jr. (Brooklyn Nets): 1-year, $4.7M  

• F Abdel Nader (Phoenix Suns): 2 years, $4.2M

• F Gorgui Dieng (Atlanta Hawks): 1 year, $4M

• G Max Strus (Miami Heat): 2 years, $3.5M

• G Gabe Vincent (Miami Heat): 2 years, $3.5M

• F Taj Gibson (New York Knicks): 1 year, $2.7M

• F Nicolas Batum (Los Angeles Clippers): 2 years, terms TBD

• F Solomon Hill (Atlanta Hawks): 1 year, terms TBD

• G Austin Rivers (Denver Nuggets): 1 year, terms TBD

• C Andre Drummond (Philadelphia 76ers): 1 year, terms TBD

• C Dewayne Dedmon (Miami Heat): 1 year, terms TBD

• C Cody Zeller (Portland Trail Blazers): 1 year, terms TBD

• C Boban Marjanovic (Dallas Mavericks): 1 year, terms TBD

• G Wayne Ellington Jr. (Los Angeles Lakers): 1 year, terms TBD

• F Blake Griffin (Brooklyn Nets): 1 year, terms TBD

• F James Johnson (Brooklyn Nets): 1 year, terms TBD  

• F Trevor Ariza (Los Angeles Lakers): 1 year, terms TBD

• F Rodney Hood (Milwaukee Bucks): 1 year, terms TBD

• F Nemanja Bjelica (Golden State Warriors): 1 year, terms TBD

• F Otto Porter Jr. (Golden State Warriors): Terms TBD

• C Dwight Howard (Los Angeles Lakers): Terms TBD

• G/F Kent Bazemore (Los Angeles Lakers): Terms TBD

• G Garrett Temple (New Orleans Pelicans): Terms TBD

• G Devonte’ Graham (New Orleans Pelicans, sign-and-trade): Terms TBD

• G Spencer Dinwiddie (Washington Wizards): Terms TBD

• F Semi Ojeleye (Milwaukee Bucks): Terms TBD

• F Sam Dekker (Toronto Raptors): Terms TBD

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DeRozan sign-and-trade to Chicago in play?

It’s Day 2 of free agency and DeMar DeRozan still needs a home. Last night, ESPN’s Brian Windhorst reported that Chicago had interest in both Lonzo Ball and DeRozan. The first domino already fell when Chicago landed Ball on a sign-and-trade with New Orleans. Here’s Windhorst on Monday:

“From what I am told, [the Bulls] are also interested in DeMar DeRrozan, and are interested in pulling off a possible double sign-and-trade where they would send Lauri Markkanen to San Antonio.”  

Now, Marc Stein is reporting that among the options that have emerged for DeRozan is a sign-and-trade to Chicago. Additionally, San Antonio has been mentioned often as a potential suitor for Bulls restricted free agent Lauri Markkanen

Stein’s report seems to be aligned with what Windhorst was hearing about the Bulls and DeRozan. Could we see the rare double sign-and-trade deal between the Bulls and Spurs?  

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Former nemeses turn teammates

As reported by ESPN’s Adrian Wojnarowski, the Philadelphia 76ers are signing big man Andre Drummond to a one-year deal. If it were any other team it would get a shoulder shrug reaction, but Drummond has some history with current Sixers franchise star Joel Embiid from their many battles in the paint over the years. It basically goes like this, pretty much every time the Sixers played Drummond when he was in Detroit, Embiid would dominate the two-time All-Star, leading to posts on social media like this from Embiid:

So perhaps that former rivalry is now squashed and they’ll be the best of friends. From a basketball standpoint, Drummond will replace Dwight Howard who re-joined the Los Angeles Lakers after being part of that 2020 championship team. Drummond is also coming from the Lakers after a subpar stint with the team, and will hopefully provide the Sixers with some quality depth in the frontcourt behind Embiid. 

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Dragic bids farewell to Miami

Goran Dragic took to social media to bid his farewell to Miami as he’s expected to be included in the sign-and-trade that sends free agent Kyle Lowry from Toronto to Miami. Dragic spent seven seasons with the Heat, most he’s played for in the NBA, and led them to the NBA Finals 12 months ago in the Disney bubble.

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Winners and losers

Our Colin Ward-Heninger has you covered with the winners and losers of Day 1 of free agency here as he takes a look at the best and worst from an active night.

Winner: Heat (Kyle Lowry, P.J. Tucker)

Loser: Knicks (losing financial flexibility)

Winner: Chris Paul (turns down $44M to possibly get $120M over four years)

Loser: Lakers defense (losing Alex Caruso, along with Kuzma and KCP)

Winner: Lonzo Ball ($85M deal with Bulls)

Loser: Pelicans (losing Ball)

Winner: Warriors (Otto Porter Jr. on MLE)

Winners: Duncan Robinson & Norman Powell ($90M deals to stay put)

Loser: Bucks (for letting PJ Tucker walk)

Winner: Jarrett Allen ($110M deal with Cavs)

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Gay joins Jazz

Rudy Gay, who averaged 11.4 points last season and shot 38 percent from 3-point land, is headed to Salt Lake City as he joins the Utah Jazz on a two-year, $12.2 million deal that includes a player option after Year 1, Adrian Wojnarowski of ESPN and Shams Charania of The Atheltic report. It wouldn’t be a surprise if the Lakers were kicking the tires on Gay to join L.A. on a pay cut. Instead, the Jazz get really strong addition on the defensive end with his versatility. 

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Team Australia free agency update

The Australian national team knocked off Argentina to advance to the Tokyo Olympics quarterfinals in men’s basketball where it will meet Team USA. Patty Mills and Dante Exum, two of the key contributors for the Boomers are free agents.

According to NBA insider Marc Stein, the Los Angeles Lakers, Brooklyn Nets and Golden State Warriors are both in pursuit of Australian sharpshooter Mills. The Lakers, who are chasing veteran Carmelo Anthony possibly with the veteran’s exception, still hope to sign Mills, “likely with the $5.9-million taxpayer mid-level exception,” according to Brad Turner. This also comes in line with what ESPN’s Dave McMenamin hinted before the start of the free agency negotiation period: “A guy [the Lakers] could target with their mid-level exception is Patty Mills.”

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