Deals, steals and early trades underway

Other deals

In other deals confirmed on Monday night:

・ Center Kevon Looney agreed to a two-year deal with New Orleans, after he spent his first 10 seasons with Golden State.

・ Guard Caris LeVert will sign a two-year deal worth nearly $15 million annually with the Detroit Pistons, a team that won 14 games in 2023-24 and then won 44 games to earn the No 6 seed in the Eastern Conference this past season.

Salary cap set

The NBA announced Monday that it has set the salary cap for the coming season at $154.647 million, the maximum allowed 10 percent increase over the level for 2024-25.

The tax level for the 2025-26 season is $187.895 million, the league said.

What's already happened

・ Julius Randle returns to the Timberwolves with a potential $100 million deal.

・ Bobby Portis stays with the Bucks, keeping the popular sixth man in Milwaukee.

・ Duncan Robinson terminates his contract with the Heat, though he may return.

What's next

In very specific situations, teams can announce signings when completed, but in most situations, and this even applies to some draft-related trades (such as the one involving Durant going to Houston), teams won't be able to announce those until at least July 6.

Agencies via Xinhua