There have been fireworks early and often in 2023 NBA free agency.
In the opening hour of the negotiating period on Friday, NBA teams committed a reported $1.02 billion in total salaries, according to Sportsnet. And the deals kept on coming after that.
Kyrie Irving, Draymond Green, Khris Middleton, Jerami Grant, Kyle Kuzma and Cam Johnson all agreed to re-sign with their respective teams on big-money deals. Fred VanVleet and Bruce Brown, on the other hand, left for major paydays elsewhere.
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Those are just some of the free agents that have secured a new contract so far. From the signings to the players who are still available and more, here's what to know about NBA free agency.
When does NBA free agency 2023 start?
Free agency began on Friday, June 30, at 6 p.m. ET. At this time, teams were officially allowed to begin negotiating terms with players on the market in hopes of striking a deal. Deals can't be officially signed until Thursday, July 6 at 12:01 p.m. ET.
What is the NBA salary cap in 2023-24?
The NBA reportedly said the league salary cap for the 2023-24 season is projected to be $136 million with the luxury tax to be $165 million, according to ESPN. The salary cap for 2022-23 was $123.655 million.
Which NBA teams have the most cap space in 2023-24?
As of 2 a.m. ET on Saturday, the San Antonio Spurs held the most projected practical cap space at $27.3 million, according to Spotrac. Here's a look at the teams that still have some projected practical space under the cap:
- San Antonio Spurs: $27,298,178
- Utah Jazz: $25,038,773
- Houston Rockets: $20,817,653
- Indiana Pacers: $14,346,703
- Orlando Magic: $13,193,449
- Oklahoma City Thunder: $7,176,285
- Detroit Pistons: $316,665
Who are the best NBA free agents in 2023?
Here is a tracker of key free agents available this offseason with live updates of the new contracts they land as details emerge:
Point guards:
- Kyrie Irving, Dallas Mavericks (UFA): Agreed to re-sign on a three-year, $126 million deal with a player option in Year 3
- Fred VanVleet, Toronto Raptors (UFA): Agreed with the Rockets on a three-year, $130 million deal
- D'Angelo Russell, Los Angeles Lakers (UFA): Agreed to re-sign on a two-year, $37 million deal with a player option in Year 2
- Russell Westbrook, Los Angeles Clippers (UFA)
- Patrick Beverley, Chicago Bulls (UFA): Agreed with the 76ers on a one-year, $3.2 million deal
- Gabe Vincent, Miami Heat (UFA): Agreed with the Lakers on a three-year, $33 million deal
- Shake Milton, Philadelphia 76ers (UFA): Agreed with the Timberwolves on a two-year, $10 million deal
- Reggie Jackson, Denver Nuggets (UFA): Agreed to re-sign on a two-year, $10.25 million deal with a player option in Year 2
- Derrick Rose, New York Knicks (UFA): Agreed to a two-year deal with the Grizzlies
- Tre Jones, San Antonio Spurs (RFA): Agreed to re-sign on a two-year, $20 million deal
- Ayo Dosunmu, Chicago Bulls (RFA)
- Jevon Carter, Milwaukee Bucks (UFA): Agreed with the Bulls on a three-year, $20 million deal
- Dennis Schroder, Los Angeles Lakers (UFA): Agreed with the Raptors on a two-year, $26 million deal
- Coby White, Chicago Bulls (RFA): Agreed to re-sign on a three-year, $40 million deal
- Kendrick Nunn, Washington Wizards (UFA)
Shooting guards:
- James Harden, Philadelphia 76ers (Player option): Player exercised $35.6 million option
- Bruce Brown, Denver Nuggets (UFA): Agreed with the Pacers on a two-year, $45 million deal with a team option in Year 2
- Josh Hart, New York Knicks (Player option): Player exercised $12.9 million option
- Austin Reaves, Los Angeles Lakers (RFA): Agreed to re-sign on a four-year, $56 million contract
- Jordan Clarkson, Utah Jazz (Player option): Player exercised $14 million option
- Max Strus, Miami Heat (UFA): Agreed to a four-year, $64 million deal with the Cavaliers on a three-way sign-and-trade move involving the Heat and Spurs
- Seth Curry, Brooklyn Nets (UFA): Agreed with the Mavericks on a two-year deal
- Caris LeVert, Cleveland Cavaliers (UFA): Agreed to re-sign on a two-year, $32 million deal
- Malik Beasley, Los Angeles Lakers (UFA)
- Josh Richardson, New Orleans Pelicans (UFA): Agreed with the Heat on a two-year deal
- Donte DiVincenzo, Golden State Warriors (UFA)
- Josh Okogie, Phoenix Suns (UFA): Agreed to re-sign
- Alec Burks, Detroit Pistons (Team option): Team exercised $10.4 million option
- Matisse Thybulle, Portland Trail Blazers (RFA)
- Victor Oladipo, Miami Heat (Player option): Player exercised $9.4 million option
- Lonnie Walker IV, Los Angeles Lakers (UFA)
- Jaylen Nowell, Minnesota Timberwolves (UFA)
- Talen Horton-Tucker, Utah Jazz (Player option): Player exercised $11 million option
- Damion Lee, Phoenix Suns: Agreed to re-sign on a two-year deal with a player option in Year 2
Small forwards:
- Khris Middleton, Milwaukee Bucks (UFA): Agreed to re-sign on a three-year, $102 million deal
- Kyle Kuzma, Washington Wizards (UFA): Agreed to re-sign on a four-year, $102 million deal
- Cameron Johnson, Brooklyn Nets (RFA): Agreed to re-sign on a four-year, $108 million deal
- Dillon Brooks, Memphis Grizzlies (UFA)
- Herb Jones, New Orleans Pelicans (RFA): Agreed to re-sign on a four-year, $54 million deal
- Kelly Oubre Jr., Charlotte Hornets (UFA)
- Torrey Craig, Phoenix Suns (UFA)
- Jae Crowder, Milwaukee Bucks (UFA): Agreed to re-sign on a one-year deal
- Taurean Prince, Minnesota Timberwolves (UFA): Agreed with the Lakers on a one-year, $4.5 million deal
- Troy Brown Jr., Los Angeles Lakers (UFA): Agreed to a deal with the Timberwolves
- Yuta Watanabe, Brooklyn Nets (UFA): Agreed to a deal with the Suns
- T.J. Warren, Phoenix Suns (UFA)
- Cam Reddish, Portland Trail Blazers (RFA): Agreed with the Lakers on a two-year deal
- Joe Ingles, Milwaukee Bucks (UFA): Agreed with the Magic on a two-year, $22 million deal with a team option in Year 2
- Terrence Ross, Phoenix Suns (UFA)
- Oshae Brissett, Indiana Pacers (UFA): Agreed with the Celtics on a two-year deal with a player option in Year 2
Power forwards:
- Draymond Green, Golden State Warriors (UFA): Agreed to re-sign on a four-year, $100 million deal with a player option in Year 4
- Jerami Grant, Portland Trail Blazers (UFA): Agreed to re-sign on a five-year, $160 million deal
- Harrison Barnes, Sacramento Kings (UFA): Agreed to re-sign on a three-year, $54 million deal
- Grant Williams, Boston Celtics (RFA)
- PJ Washington, Charlotte Hornets (RFA)
- Rui Hachimura, Los Angeles Lakers (RFA): Agreed to re-sign on a three-year, $51 million deal
- Kenyon Martin Jr., Houston Rockets (Team option): Team exercised $1.9 million option
- Trey Lyles, Sacramento Kings (UFA): Agreed to re-sign
- Jeff Green, Denver Nuggets (UFA)
- Jalen McDaniels, Philadelphia 76ers (UFA)
- JaMychal Green, Golden State Warriors (UFA)
- Georges Niang, Philadelphia 76ers (UFA): Agreed with the Cavaliers on a three-year, $26 million deal
- Keita Bates-Diop, San Antonio Spurs (UFA): Agreed with the Suns on a two-year, $5 million deal
- Chimezie Metu, Sacramento Kings (UFA): Agreed with the Suns on a one-year deal
Centers:
- Brook Lopez, Milwaukee Bucks (UFA): Agreed to re-sign on a two-year, $48 million deal
- Nikola Vucevic, Chicago Bulls (UFA): Re-signed on a three-year, $60 million deal
- Jakob Poeltl, Toronto Raptors (UFA): Agreed to re-sign on a four-year, $80 million deal with a player option in Year 4
- Naz Reid, Minnesota Timberwolves (UFA): Re-signed for three years, $42 million
- Christian Wood, Dallas Mavericks (UFA)
- Paul Reed, Philadelphia 76ers (RFA)
- Jock Landale, Phoenix Suns (UFA)
- Kevin Love, Miami Heat (UFA): Agreed to re-sign on a two-year deal with a player option in Year 2
- Xavier Tillman, Memphis Grizzlies (Team option): Team exercised $1.9 million option
- Mo Wagner, Orlando Magic (UFA): Agreed to re-sign on a two-year, $16 million deal
- Mason Plumlee, LA Clippers (UFA)
- Dwight Powell, Dallas Mavericks (UFA): Agreed to re-sign on a three-year, $12 million deal
- Alex Len, Sacramento Kings (UFA)
- Thomas Bryant, Denver Nuggets (UFA): Agreed with the Heat on a two-year, $5.4 million deal with player option in Year 2
- Andre Drummond, Chicago Bulls (player option): Player exercised $3.4 million option
- Drew Eubanks, Portland Trail Blazers (UFA): Agreed with the Suns on a two-year deal with a player option in Year 2
