NBA Free Agency 2024: Major Signings and Moves

The NBA free agency period is in full swing, and teams are making aggressive moves to strengthen their rosters for the upcoming season. With nearly every top player having agreed to new deals, this offseason has already been eventful. All eyes were on the Boston Celtics as they clinched the 2024 NBA Finals, defeating the Dallas Mavericks just two weeks ago. Now, the focus has shifted towards securing talent for the future.

Negotiations officially began on Sunday night at 6 p.m. ET, allowing teams to discuss potential deals with any player in the league. While agreements have been reached, contracts will remain unsigned until the end of the moratorium on July 6 at 12:01 p.m. ET. This period of free agency has included several significant moves, headlined by Paul George's decision to join the Philadelphia 76ers.

George Joins the 76ers

Paul George is set to make a substantial impact in Philadelphia, having inked a four-year, $212 million contract. The Los Angeles Clippers reportedly hesitated at the idea of committing to a fourth year, paving the way for the 76ers to secure the star forward. George will now team up with Joel Embiid and Tyrese Maxey as the Sixers aim to solidify their status as a powerhouse in the Eastern Conference.

Not stopping at George, the 76ers also ensured Maxey's future by signing him to a $204 million max extension. Maxey, who was a restricted free agent this summer, will continue to be a key piece in Philadelphia's plans moving forward. This move underscores the franchise's commitment to building a team capable of contending for championships for years to come.

LeBron James Commits to Lakers

In a significant, albeit expected, development, LeBron James has reaffirmed his commitment to the Los Angeles Lakers. The superstar agreed to a two-year, $104 million deal that allows him the flexibility to test free agency again next season. James' decision to stay put signals his faith in the Lakers' ability to surround him with the talent needed to compete at the highest level.

Klay Thompson to Mavericks

Another big move in free agency is Klay Thompson's relocation to the Dallas Mavericks in a sign-and-trade deal, marking the end of his storied tenure with the Golden State Warriors. Thompson's arrival in Dallas should bolster the Mavericks’ lineup, especially after their recent Finals appearance. It's a fresh start for Thompson, who will look to make an immediate impact alongside Luka Dončić.

Thunder Acquire Hartenstein

Over in Oklahoma City, the Thunder have made a notable acquisition by bringing in center Isaiah Hartenstein from the New York Knicks. Hartenstein signed a three-year deal worth $87 million, adding strength and skill to the Thunder's frontcourt. This move represents a strategic push by Oklahoma City to develop a roster capable of making noise in the Western Conference.

DeRozan Still on the Market

While numerous players have found new homes, DeMar DeRozan remains a notable name still available on the market. The veteran forward is expected to depart from the Chicago Bulls, but his market appears subdued in this initial phase of free agency. It remains to be seen where the seasoned scorer will eventually land, but his availability continues to be a subject of interest across the league.

As the moratorium lifts on July 6, fans and analysts alike will be watching to see which remaining free agents find new homes and how these recent signings will reshape the upcoming NBA season. The flurry of activity over these past weeks has already set the stage for what promises to be an exciting year of basketball.