NBA rumors: Latest news, free agent signings, trade buzz

The latest news, rumors and buzz in NBA free agency.

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NBA free agency is in full swing, billions of dollars have been spent and there are still a lot of moving parts on the board.

The biggest question was answered on Monday morning, when Kevin Durant decided to up and leave the Thunder and sign with the Golden State Warriors.

A leap in the salary cap has caused teams to hand out record amounts of money to players. Dwyane Wade is leaving Miami for Chicago. The San Antonio Spurs have traded Boris Diaw in preparation to sign Pau Gasol. Mike Conley, the top free-agent point guard, is back with Memphis on the most lucrative contract in league history.

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.

Grading biggest deals | Free agent tracker | Salary cap FAQ

Sunday (all times Eastern)

10:00 p.m.

• Former No. 1 pick Anthony Bennett and the Nets have mutual interest. (Michael Scotto, Sheridan Hoops)

• Greivis Vasquez and the Nets have agreed on a one-year deal. (Adrian Wojnarowski, The Vertical)

9:30 p.m.

• The Pacers and point guard Aaron Brooks are nearing a deal. (Shams Charania, The Vertical)

8:30 p.m.

• The Hawks and Jarrett Jack have agreed to a one-year deal at the league minimum. (Shams Charania, The Vertical)

8:00 p.m.

• Udonis Haslem will return to the Heat for a franchise-record 14th season with the team, Miami announced. The deal was previously reported to be one year and $4 million (Ethan Skolnick, The Miami Herald).

• The Spurs rescinded their rights to Boban Marjanovic, allowing him to sign a three-year, $21 million deal with the Pistons. (Vincent Ellis, Detroit Free Press)

7:30 p.m.

• Free agent Willie Reed has agreed to a two-year deal with the Heat. (Shams Charania, The Vertical)

• The Warriors are denying a report that they have extended a camp invite to Stephen Jackson. (CSN Bay Area)

7:00 p.m.

• Miami has matched Tyler Johnson’s $50 million offer sheet with the Nets. (Adrian Wojnarowski, The Vertical)

6:30 p.m.

• The Heat have traded for New Orleans guard Luke Babbitt in exchange for the Pelicans’ own 2018 second-round pick acquired in a previous deal for Jarnell Stokes. (Miami Heat)

• Stephen Jackson will be attending Warriors training camp in his attempt to make an NBA comeback. Jackson, a 15-year NBA veteran, last played for the Clippers in 2013–14. Jackson played for Golden State from 2006–10 (Rachel Nichols, ESPN).

• The Heat announced free-agent deals for Wayne Ellington, James Johnson and Derrick Williams. Johnson’s deal is reportedly for one-year and $4 million (Marc Stein, ESPN).

3:00 p.m.

• The Heat are planning to match Tyler Johnson’s four-year, $50 million dollar offer sheet from the Brooklyn Nets. Miami has until 11:59 p.m. on Sunday to match. (Marc Stein, ESPN)

Noon

• Wayne Ellington has agreed to a two-year, $12 million deal with the Miami Heat. (Adrian Wojnarowski, The Vertical)

Saturday

9:00 p.m.

• The Grizzlies will acquire Troy Daniels, and his new three-year, $10 million contract, in a sign-and-trade with the Hornets. (Adrian Wojnarowski, The Vertical)

• Free agent center Larry Sanders hinted that he may play with the Warriors or Cavaliers. (Twitter)

3:00 p.m.

• Paul Pierce may not retire — someone close to him indicates he wants to play next season. (Ben Bolch, Los Angeles Times)

• Jared Sullinger could return to the Celtics on a one-year deal. (Chris Mannix, The Vertical)

• The Sixers are in talks with Dion Waiters and want the Thunder guard to sign a two-year contract, possibly with a team option. Other teams are offering four-year contracts, and the Thunder plan to match any offer sheet he signs. (Philadelphia Inquirer)

Friday

10 p.m.

• LeBron James has not given the Cavaliers any indication of when he plans to re-sign with the team. (Chris Haynes, Cleveland Plain Dealer)

8:30 p.m.

• Raymond Felton is drawing increased interest, with five teams reportedly in the running for the veteran point guard. (Chris Haynes, Cleveland Plain Dealer)

7 p.m.

• Dion Waiters has interest in playing for the Heat. (Tim Reynolds, AP)

• The Kings have made Kosta Koufos, Rudy Gay and Ben McLemore available via trade. (Marc Stein, ESPN)

• The Mavericks have officially waved JaVale McGee.

• Tyronn Lue said on NBATV that the Cavaliers have signed Chris “Birdman” Andersen. The team is currently hoping to close the deal. (Chris Haynes, Cleveland.com)

3:30 p.m.

• The Heat are in talks to bring back longtime forward Udonis Haslem on a deal above the minimum. (Ira Winderman, Sun Sentinel)

3:00 p.m.

• The Thunder are currently not including Russell Westbrook in trade talks. Westbrook will be an unrestricted free agent after next season. (Adrian Wojnarowski, The Vertical)​

• The Warriors are interested in signing center Kendrick Perkins. Perkins was a teammate of Kevin Durant’s in Oklahoma City. (Alex Kennedy, Basketball Insiders)

• The Warriors have re-signed forward James Michael McAdoo to a one-year, minimum contract. (Marc J. Spears, The Undefeated)

• Thunder center Mitch McGary has been suspended five games for violating the league’s drug policy, the NBA announced.

2:30 p.m.

• The Miami Heat are one of the teams interested in free-agent forward Derrick Williams. (Ian Begley, ESPN)

• Spurs center Tim Duncan could make his decision on retirement as early as Friday afternoon. (Mike Scotto, Sheridan Hoops)

12:30 p.m.

• The Lakers renounced their free agent exception rights to Kobe Bryant, eliminating his cap hold to sign their other free agents. (RealGM)

• Al Horford says he spoke with Kevin Durant about joining the Celtics, and that he “definitely considered the possibility.” (Brian Robb, Boston.com)

• The Clippers have agreed to a deal with former Warriors center MarreeseSpeights. (Adrian Wojnarowski, The Vertical)

• The Spurs are rostering overseas imports Livio Jean-Charles and Davis Bertans for Summer League.

• The Knicks have renounced free agents Derrick Williams, Kevin Seraphin, Lou Amundson and Cleanthony Early. (Ian Begley, ESPN)

• Sixers draftee Furkan Korkmaz will remain in Turkey with Anadolu Efes for at least another season. (Sportando)

Midnight

• The Trail Blazers have waived second-year big man Cliff Alexander to create the cap room to sign Festus Ezeli. (Adrian Wojnarowski, The Vertical)

Thursday

11:30 p.m.

• The Nets have signed Blazers restricted free agent guard Allen Crabbe to a four-year, $75 million offer sheet. Crabbe’s offer could reportedly reach $83 million with incentives. The Blazers have three days to match the offer sheet, which includes a fourth-year player option and a trade kicker. (Adrian Wojnarowski, The Vertical)

• The Nets promised Allen Crabbe he will be a starter, and he doesn’t want to come off the bench in Portland. (Jason Quick, CSN Northwest)

9:15 p.m.

• The Blazers have agreed to sign Warriors free agent center Festus Ezeli to a two-year deal. (Adrian Wojnarowski, The Vertical)

• Ezeli’s deal is worth $7.4 million in year one, and has a team option for a second year worth $7.33 million.  (Marc Spears, The Undefeated)

8:45 p.m.

• Ante Zizic, the 23rd overall pick in the draft, will remain overseas next season rather than join the Boston Celtics, general manager Danny Ainge told reporters. The team is looking for more shooting and still deciding whether to keep 16th overall pick Guerschon Yabusele overseas. (Brian Robb, Boston.com)

• The Celtics will not waive forward Jonas Jerebko, meaning his contract is guaranteed for next season. (A. Sherrod Blakely, Comcast SportsNet)

• The Warriors will re-sign guard Ian Clark to a two-year deal. (Shams Charania, The Vertical)

7:30 p.m.

• The Celtics will exercise their team option on veteran forward Amir Johnson. (Adrian Wojnarowski, The Vertical)

• The Lakers will bring back reserve guard Marcelo Huertas on a two-year contract. (Wojnarowski, The Vertical)

6 p.m.

• Chicago-bound Dwyane Wade says the Heat ‘didn’t even fight’ to keep him in free agency. (Ethan Skolnick, Miami Herald)

• The Cavaliers announced they have traded Matthew Dellavedova to the Bucks and acquired a trade exception in return worth $4.8 million. Dellavedova signed an offer sheet of four years, $38.5 million with Milwaukee that the Cavaliers will not match. The Cavs will use the exception to acquire forward Mike Dunleavy from the Bulls. (Dave McMenamin, ESPN)

• The Wizards have re-signed guard Marcus Thornton, Thornton announced.

• The Bulls have waived recently-acquired guard Spencer Dinwiddie. (Shams Charania, The Vertical)

2:30 pm

• Manu Ginobili reportedly turned down a “very serious, big offer” from another team to return to the Spurs (Tom Osborn, San Antonio Express News)

• The Miami Heat and guard Rodney McGruder are reportedly finalizing a partially guaranteed three-year deal. (Shams Charania, The Vertical)

• The New York Knicks will sign center Marshall Plumlee to a multi-year deal with a one-year guarantee. (Al Iannazzone, Newsday Sports)

• The Wizards have waived Drew Gooden in order to clear up cap space. (Marc Stein, ESPN)

11:30 am

• The Detroit Pistons will sign restricted free agent Boban Marjanovic to a three-year, $21 million offer sheet. (Marc Stein, ESPN)

• Former NBA forward Anthony Randolph, who last played in Russia, will sign a two-year deal with Real Madrid in Spain. (Marc J. Spears, ESPN)

• The Spurs and the Warriors were reportedly both in talks with Dewayne Dedmon and Willie Reed. Dedmon has reportedly agreed to a two-year, $6 million deal with San Antonio, meaning Reed may go to the Warriors. (Alex Kennedy, Basketball Insiders and Shams Charania, The Vertical)

• The salary cap for next year will reportedly be $102 million, which is $6 million lower than the previous projection. (Brian Windhorst, ESPN)

8:00 a.m.

• Manu Ginobili announced on Twitter that he will return to the Spurs next season after considering retirement. (Twitter)

• Several teams are trying to create cap space so they can sign Milwaukee Bucks restricted free agent Miles Plumlee. (David Aldridge, TNT)

• With Dwyane Wade heading to the Chicago Bulls, the Miami Heat have reached out to restricted free agent Tyler Johnson with hopes of signing him to a cap-friendly deal. (David Aldridge, TNT) Johnson has signed a four-year, $50 million offer sheet from the Nets, which the Heat have three days to match. (Adrian Wojnarowski, The Vertical)