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NBA free agency: Buzz, rumblings and reports in June

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Isola: Knicks should let Carmelo build his value back up (0:59)

Frank Isola explains why the Knicks would be better served by waiting to trade Carmelo Anthony. (0:59)

NBA free agency is officially underway. Where will this summer's top targets land? Keep it here for the latest news, rumors and rumblings across the league.

More: FA list | Best available Insider | Deals | Rumors Insider | Player movement

Key free-agency dates

July 1: Free agency begins at 12:01 a.m. ET
July 6: Moratorium ends at noon ET; signings and trades can be made official
July 13: Deadline to withdraw qualifying offers to restricted free agents without their consent
July 15: First-round draft picks become free agents if not given a required tender
Sept. 5: Second-round draft picks become free agents if not given a required tender


June 30 updates

9:46 p.m. ET: The Indiana Pacers have agreed to trade All-Star forward Paul George to the Oklahoma City Thunder, sources told ESPN's Ramona Shelburne. As part of the deal, the Pacers will acquire guard Victor Oladipo and big man Domantas Sabonis, sources said.


9:36 p.m. ET: Blake Griffin and the Clippers have agreed on a five-year, $173 million deal, league sources told ESPN. The 6-foot-10 Griffin had previously told the Clippers he would opt out of his player option for next season and become an unrestricted free agent on Saturday.


8:14 p.m. ET: The Washington Wizards have offered John Wall a four-year contract extension for roughly $170 million, but Wall will take some time to consider the offer, sources told ESPN. The contract offer, known as "the supermax" as part of the new collective bargaining agreement, is possible because Wall made the All-NBA team this past season.


7:59 p.m. ET: The New York Knicks have abandoned their hopes of meeting with Jeff Teague, league sources say, convinced Teague has already committed to Minnesota, according to ESPN's Marc Stein.


6:56p.m. ET: Free agent Andre Iguodala will meet with the San Antonio Spurs at 12:01 a.m. in what will be his first meeting with teams, league sources told ESPN. Iguodala is open to relocating under the right parameters, sources say. Iguodala is also planning to meet with the Kings and Rockets, sources said.


5:47 p.m. ET: The Philadelphia 76ers have waived veteran shooting guard Gerald Henderson, the team announced Friday. Henderson, who averaged 9.2 points and 2.6 rebounds in his only season with the Sixers, was due to make $9 million if he wasn't waived before the deadline Friday.


5:09 p.m. ET: The Utah Jazz will acquire Minnesota Timberwolves point guard Ricky Rubio, according to league sources. Sources said that the Wolves will trade Rubio into Utah's $16 million of expiring salary cap space for a ‎2018 first-round pick via the Oklahoma City Thunder. The pick is top-14 protected.


4:58 p.m. ET: The Chicago Bulls announced they have waived veteran point guard Rajon Rondo. Rondo had a team option worth over $13 million that would have become fully guaranteed had the Bulls not waived him by Friday's deadline. As it stands, the Bulls are on the hook for a $3 million guarantee still owed to Rondo but have cleared more roster space for younger point guards to get more minutes next season.


2:28 p.m. ET: Andre Iguodala doesn't have plans to meet with the Golden State Warriors during the initial free-agency period, league sources told ESPN's Chris Haynes. Iguodala's decision doesn't rule out the small forward returning to the Warriors, but it will give other teams the opportunity to swoop in and take away one component of Golden State's title-winning core.


1:05 p.m. ET: The Milwaukee Bucks are optimistic about coming to terms on a new deal with restricted free-agent guard Tony Snell, league sources told ESPN. Sources told ESPN that the Bucks plan to move aggressively to come to terms with Snell once free agency begins Saturday at 12:01 a.m. ET.


12:35 p.m. ET: Soon-to-be free agent guard Jrue Holiday is expected to quickly come to terms on a rich five-year offer to remain with the New Orleans Pelicans, sources told ESPN's Marc Stein.

June 29 updates

6:05 p.m. ET: The Phoenix Suns will meet with Clippers forward Blake Griffin and Atlanta Hawks forward Paul Millsap this weekend as the NBA's free-agency period opens, according to reports. The Los Angeles Times reported Griffin would meet with the Suns on Saturday, while 98.7 FM Arizona Sports said Millsap would talk with Phoenix on Sunday. Sources tell ESPN's Ramona Shelburne that Griffin has strong interest in the Suns.


5:39 p.m. ET: Utah Jazz star swingman Gordon Hayward formally notified the team Thursday that he is declining his $16.7 million player option for the 2017-18 season to become an unrestricted free agent, league sources tell ESPN's Marc Stein. Hayward had a Thursday deadline to make the decision.


5:07 p.m. ET: The Indiana Pacers will hire Chad Buchanan as their new general manager, sources told ESPN, confirming multiple reports. The move comes with the Pacers in the midst of a busy offseason. All-Star Paul George is on the trade block after he informed the organization that he will leave as a free agent next summer. Several other players, like 2016-17 regulars Jeff Teague and CJ Miles, are free agents.


12:33 p.m. ET: Andrew Bogut will be back on the free-agent market Saturday, according to league sources, when the NBA opens for free-agent business at 12:01 a.m. ET. Sources told ESPN's Marc Stein that Bogut -- felled by a fracture left tibia just one minute into his first game with the Cleveland Cavaliers in March -- is roughly two weeks from being cleared for full basketball activities after recently being cleared to resume running and jumping.


9:25 a.m. ET: Gordon Hayward will take his first free-agent meeting with the Miami Heat on Saturday and will then meet with the Boston Celtics and Utah Jazz, a source told ESPN's Jorge Sedano. Hayward, 27, made his All-Star breakthrough this past season and helped lead the Jazz to the second round of the playoffs.

June 28 updates

4:14 p.m. ET: The Sacramento Kings will not extend a qualifying offer to shooting guard Ben McLemore and he'll become an unrestricted free agent, league sources tell ESPN. McLemore has averaged 8.1 points and 2.1 rebounds per game since being drafted by the Kings in 2013.


3:41 p.m. ET: After dealing Chris Paul to the Houston Rockets in a sign-and-trade, the LA Clippers will shift their focus to retaining free-agent-to-be Blake Griffin, a source told ESPN's Ramona Shelburne. The Clippers are of the understanding that it will take a five-year deal to keep Griffin, a source told Shelburne.


12:03 p.m. ET: The Houston Rockets have reached agreement on a trade for LA Clippers point guard Chris Paul. The Rockets will send Sam Dekker, Patrick Beverley, Lou Williams and a protected first-round pick to the Clippers. The deal was first reported by The Vertical.


10:32 a.m. ET: Golden State Warriors star Kevin Durant plans to wait until after the team completes the bulk of its summer business before re-signing with the NBA champions, league sources told ESPN's Marc Stein. Sources said that Durant and business partner Rich Kleiman intend to work with the club in providing the necessary discounts on Durant's expected new two-year deal to help them retain free agents such as Andre Iguodala and Shaun Livingston.


9:30 a.m. ET: The New York Knicks and team president Phil Jackson announced Wednesday morning that they have mutually agreed to part ways. Conversations about what was best for the team's future between Jackson and owner James Dolan accelerated this week when the franchise decided it would not buy out embattled forward Carmelo Anthony, sources told ESPN's Ramona Shelburne.


12:09 a.m. ET: The Houston Rockets have emerged as an increasingly serious threat in the chase for soon-to-be free agent Chris Paul, league sources familiar with the matter told ESPN's Marc Stein. The Rockets still have work to do in terms of clearing sufficient salary-cap space to make a representative offer for Paul, but sources told ESPN that Houston star James Harden has been advocating hard in favor of the Paul pursuit.


June 27 updates

5:20 p.m. ET: The New York Knicks have "legitimate" interest in re-signing free agent point guard Derrick Rose, league sources familiar with the matter told ESPN's Ian Begley. Rose, 28, will be a free agent for the first time in his career after spending last season in New York, where his season was cut short because of a torn meniscus.


3:45 p.m. ET: Would Andre Iguodala consider leaving the Golden State Warriors? ESPN's Chris Haynes reports that the open market poses a serious threat of stealing the 33-year-old veteran from the defending champs come July 1. The Minnesota Timberwolves, San Antonio Spurs, LA Clippers, Philadelphia 76ers, Orlando Magic, Brooklyn Nets and Utah Jazz are among the teams that are interested in the 2015 Finals MVP, sources tell ESPN.


3:01 p.m. ET: Chicago Bulls executive vice president John Paxson made it clear that Dwyane Wade would have to give back a chunk of his $23.8 million player option if the former All-Star sought a buyout. Wade told the Bulls last week that he would opt into the deal, doing so before a draft-day deal that sent Jimmy Butler to the Minnesota Timberwolves.


2:43 p.m. ET: Carmelo Anthony's camp, while acknowledging his preference to stay with the New York Knicks, has tried to engage the Knicks in buyout talks, league sources tell ESPN's Marc Stein. The Knicks have thus far resisted the idea of a buyout that would clear the way for Anthony to potentially join LeBron James and the Cleveland Cavaliers.

June 25 update

The Houston Rockets are showing heavy interest in free-agent-to-be Chris Paul, and they are working on clearing cap space to make a deal happen, according to ESPN's Chris Haynes. Both Paul and teammate Blake Griffin won't pick up their player options for next season, and have notified the LA Clippers. Earlier this month, sources told ESPN that Paul intends to give the San Antonio Spurs some serious consideration this summer.