NBA rumors: Latest news, signings and free agency buzz

The latest news, rumors and free agency buzz on Kevin Durant, Chandler Parsons, Pau Gasol and more.

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Welcome to free agency. At 12:01 a.m. Friday, negotiations between teams and players officially began.

The biggest question, of course, is where Kevin Durant wants to sign. His decision will likely be the first major contract domino as the market starts to set, with a record-high salary cap enabling teams around the league to spend aggressively. Durant will reportedly be courted by the Warriors, Spurs, Celtics and Heat in addition to the Thunder, who remain hopeful they can keep their superstar in place.

There’s new scuttle involving Dwyane Wade possibly leaving Miami. Nobody’s sure what the market will be for Dwight Howard, especially given a deep group of available big men. Al Horford and Mike Conley will be out there, too. Lots of money is flying around quickly.

Check back on this page for the latest rumors from around the league. For more, also be sure to check out SI's ranking of the top 50 free agents. 

• Breaking down available bigs | Point guards | Salary cap FAQ

Phx!!!!!!!!!!! I'm coming Home!!!!!!!!!!!! JMZ is back!!!!!!!!!!

— Jared Dudley (@JaredDudley619) July 2, 2016

• The Clippers will pitch Kevin Durant on the idea of a ‘Big Four,’ meaning the team wouldn’t move Chris Paul, Blake Griffin, or DeAndre Jordan in order to make room for him. (Ramona Shelburne and Arash Markazi, ESPN)