UPDATED: 7:19 PM
We’ve officially reached insanity and I will do my best to keep up. Here’s what we’ve got.
The Clippers stuck it big and landed Paul Pierce — the SF they’ve been coveting for years.
Free agent Paul Pierce has agreed to a three-year deal with the Clippers, league sources tells Yahoo Sports.— Adrian Wojnarowski (@WojYahooNBA) July 1, 2015
Pierce’s three-year deal with Clippers will earn him nearly $10M, league source tells Yahoo Sports. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015
Pierce obviously took a pretty significant discount seeing he was set to make $6.6 million next season in D.C. It makes a lot of sense, though. The deal reunites him with Doc Rivers and allows Pierce to finish his career in his hometown. It also means we won’t be seeing him in green again, which I’ll admit I was hoping for. There’s always room in the front offices here in Boston, however.
Scratch the Lakers off the list when it comes to LaMarcus Aldridge.
LMA still favors the Spurs, but we can’t rule out the Rockets, Mavericks or Suns to this point.
We’re up over a billion dollars, guys. Here’s a nice quick recap of all final deals:
The Suns have now come in hot as one of the surprise teams. With Brandon Knight already secured long-term, Tyson Chandler has committed and they’re using him as bait for bigger fish. (And now we know why the Suns got Tyson. According to ESPN’s Marc Stein, Chandler will get $52 million over four years. Quite a bit for a 32-year old center).
Over $1 Billion in contracts given to NBA Free Agents alreadt pic.twitter.com/xzgx5XlXQZ— Eric Rosenthal (@ericsports) July 1, 2015
Tyson Chandler has agreed to a deal with the Suns, league source tells Yahoo Sports. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015
Sources: The Suns walked into meeting with LaMarcus Aldridge moments ago, armed with Tyson Chandler and his agreed upon multi-year contract. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015
Kevin Love has officially announced his return to Cleveland. “We have unfinished business,” Love said in his own piece on the Player’s Tribune. Also said he realized he wanted to return when watching Game 1 of the Finals on the bench.
Kevin Love shares his free agency decision with The Players’ Tribune. http://t.co/q4WB6zxNwe — The Players’ Tribune (@PlayersTribune) July 1, 2015
Kevin Love will accept a five-year, $110 million contract extension with the Cavs according to sources — Brian Windhorst (@WindhorstESPN) July 1, 2015The Cavs may be spending a LOT of money on the PF position this summer. Nobody, and I mean NOBODY, helped themselves in the playoffs financially as much as Tristan Thompson.
Previous reports suspected this, but now Woj makes it official.ESPN sources tell @WindhorstESPN & I that Cavs and Tristan Thompson are nearing agreement on deal that will pay the RFA in excess of $80 mil — Marc Stein (@ESPNSteinLine) July 1, 2015
Phoenix has agreed to a five-year, $70 million extension with guard Brandon Knight, league sources tell Yahoo Sports. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015(Jimmy Butler now official). Early reports were that Jimmy Butler wanted to sign a shorter contract and bet on himself once again so that he could cash in when the new TV deal comes. But when this kind of money is put in front of you … well. He did a GREAT job playing out the season for a bigger deal.
Bulls could have had Jimmy Butler on four-year, $48 million deal in October. Instead he’s re-signing on five-year, $90 million contract. — RealGM (@RealGM) July 1, 2015
Teams pursuing Butler, a restricted free agent, with offer sheets have given up and moved on, league sources tell Yahoo. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015The Lakers have big plans, as we all expected. Don’t see any of these working out for them, though. Especially Wade. How the heck is that a fit?
Lakers haven’t scheduled a meeting with Dwyane Wade just yet, but I’m told they plan to. Meeting with Greg Monroe and DeAndre Jordan today — Sam Amick (@sam_amick) July 1, 2015Spurs making MOVES to go after Aldridge, as expected. Sounds like both sides prefer each other and this is going to get done. What a move it would be.
After bringing back Danny Green, the Spurs are unloading Splitter’s salary to the Hawks. Now, the Spurs go into Aldridge meeting with space. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015
Lakers didn’t make strong impression in Aldridge meeting, sources say. Spurs can close on him. LMA expected to make decision fairly soon. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015This was my favorite landing spot for him in my free agent destination post. Why? Carroll was going with the money.
DeMarre Carroll has agreed to a four year, $60M deal with Toronto, league source tells Yahoo. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015Now the Hawks have the room to bring back Paul Millsap if they want to. 4-years/$80 million is hefty, though.Here’s the first stunner of free agency for me.
Sources: @Paulmillsap4 met w/Orlando last night, was offered Mac 4 yr, $80 million deal. Millsap will decide Btwn ATL & Orl. — Chris Broussard (@Chris_Broussard) July 1, 2015
So let me get this straight. The Magic want to let 22-year old Tobias Harris sign with another team (totally fine with me by itself), but they want to replace him by spending $80 million on a 30-year old!? Orlando is currently building a pretty nice young core. No clue what they’re thinking. If Millsap does choose Orlando, the east will become even more wide open with last season’s top seed losing a top player. If he does return to Atlanta, you can kiss DeMarre Carroll goodbye. Much like Anthony Davis, Damian Lillard is cashing in on a rather large extension to stay with the team that drafted him (both from the 2012 draft class).
ESPN sources say Portland Trail Blazers and Damian Lillard are nearing agreement on a five-year max extension with in excess of $120 million — Marc Stein (@ESPNSteinLine) July 1, 2015
(DFS spoiler: With Aldridge gone, this dude is going to FILL IT UP next season. Portland won’t make the playoffs, but Lillard will be next level good.) Here’s a classic case of likely overpaying now, but should be a good deal once the cap rises. Middleton had a breakout season, but this is a big-time contract (similar to the one Brandon Knight will get with the Suns).
ESPN sources say Milwaukee and Khris Middleton are closing in on five-year, $70 million deal — Marc Stein (@ESPNSteinLine) July 1, 2015
There were rumors that LeBron really wanted the Cavs to land this guy. I guess LBJ doesn’t always get everything he wants.
Mike Dunleavy Jr., has agreed to a three-year, $14.4 million deal with the Chicago Bulls, league sources tell Yahoo Sports. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015Goran Dragic got Kawhi money from the Heat …
Goran Dragic has reached agreement on a five-year, $90 million deal with the Miami Heat, league sources tell Yahoo Sports. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015… Now the big question is if they can bring back the mayor, Mr. Wade.I really don’t see this as an option, but the Blazers are starting to accept the fact they need to replace Aldridge.
Sources: Greg Monroe is meeting with Portland owner Paul Allen, GM Neil Olshey and coach Terry Stotts this morning in Washington, DC. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015Some late night meetings have wrapped up. We’ll see if anything comes of it in the morning, but seems like these guys will hear out more teams before making decisions.
The Lakers have wrapped up their meeting with LaMarcus Aldridge. Right over two hours. — Bill Oram (@billoram) July 1, 2015
The free agency dialogue between Goran Dragic and the Miami Heat, I’m told, will continue in the morning. That’s all for now on that front. — Sam Amick (@sam_amick) July 1, 2015Monta Ellis isn’t the biggest name, but in the east he could make a difference on a team getting Paul George back (to 100%).
Larry Bird has been determined to secure Monta Ellis, and Pacers pushing hard to close a deal with him, league sources tell Yahoo. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015The Nets don’t have the money to take other team’s free agents, so re-signing their own is their only real option. Sounds like Brook Lopez isn’t going anywhere.
Says at least one source close to talks on expected 3/60M deal for Brook Lopez and 4/50M deal for Thad Young: “Consider them done deals” — Marc Stein (@ESPNSteinLine) July 1, 2015The Mavericks weren’t supposed to be meeting with anyone tonight … turns out they’re making serious moves.
Also hearing Mavs have split up their recruiting posse and are conducting two meetings at present: One with DeAndre; one with Wes Matthews — Marc Stein (@ESPNSteinLine) July 1, 2015Jordan is planning to meet with the Lakers on Wednesday.The Brow GOT PAID, and once the TV deal kicks in this contract won’t even hurt the Pelicans. By the time Davis is a free agent again, he’s going to be the best player in the league.
New Orleans star Anthony Davis has agreed to a five-year, $145 million maximum contract extension, league source tells Yahoo Sports. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015As expected, the Spurs are retaining Kawhi Leonard on a deal rumored to be in the neighborhood of five-years/$90 million. This is a great contract.
Yahoo Sources: Kawhi Leonard, Spurs agree to framework of a maximum contract extension. http://t.co/f1738GRRli — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015The first name to change uniforms was Al-Farouq Aminu, and did we mention that the new TV money is going to make sure players GET PAID (and maybe get locked out …).
Free agent Aminu Al-Farouq has agreed to a four year, $30 million deal with Portland, league source tells Yahoo Sports. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015
See, Woj does make mistakes, though!
Of course, it’s Al-Farouq Aminu. — Adrian Wojnarowski (@WojYahooNBA) July 1, 2015Oh, and we have Rondo news! He wont be signing with the Knicks!
With size the free agent focus, the Knicks are not expected to show interest in free agent point guard Rajon Rondo, a source said. — Marc J. Spears (@SpearsNBAYahoo) July 1, 2015But in all seriousness, the Kings are still not scared off by Rondo’s antics in Dallas.
The Kings, as expected, wasted no time in reaching out to free agent point guard Rajon Rondo. Already being aggressive, I’m told. — Sam Amick (@sam_amick) July 1, 2015Stay tuned for more to come! Find me on Twitter @julianedlow