With the Draft in the rear view mirror, the free agency period has taken centre stage in the NBA world.
Just two days into the frenzy that is modern day free agency, the league has already seen a plethora of moves.
Each deal made between the 2nd-6th of August is made upon verbal agreement, this is known as the moratorium period, as teams and players cannot officially complete the deal until after the 6th of August.
The Chicago Bulls have been among the busiest of franchises in the first 48 hours. The Bulls made a play to acquire 4x All Star guard Demar DeRozan on a deal worth $86 Million across 3 seasons.
Along with DeRozan, Chicago completed a sign-and-trade for former No.2 overall pick Lonzo Ball. The trade saw Ball joining the Bulls on a 4-year $85 million deal in exchange for guards Thomas Santoransky, Garret Temple and a 2nd round draft pick. Point guard Alex Caruso also reached an agreement to head to the windy city.
DEMAR TO THE BULLS 😱
— ESPN (@espn) August 3, 2021
After acquiring Russell Westbrook in a blockbuster trade on draft night, the Los Angeles Lakers have added even more talent around the big three which includes Lebron James and Anthony Davis.
The Lakers have managed to add impressive pieces to their roster, such as guard Malik Monk from Charlotte on a two-year deal, point guard Kendrick Nunn from Miami on a two-year deal, shooting guard Kent Bazemore from Golden State and Dwight Howard from Philadelphia both on one-year deals. But perhaps their biggest move was acquiring 10x all star forward Carmelo Anthony, who will have the chance to play along close friend Lebron James inside the Staples Centre.
Carmelo Anthony will join the Los Angeles Lakers, his manager tells @wojespn.
Melo will join LeBron in LA 🔥 pic.twitter.com/AGLvUw1eKl
— ESPN (@espn) August 3, 2021
After a surprise run to the Finals in the bubble two seasons ago, the Miami Heat crashed out of the playoffs after being swept by the Milwaukee Bucks in the first round. The franchise from South Beach made a splash on the opening day of free agency agreeing to a three-year deal worth $90 million with six-time All-Star point guard Kyle Lowry. In addition to Lowry the Heat also agreed to terms with Milwaukee Buck championship member PJ Tucker for a two-year deal worth $15 million.
Kyle Lowry leaves Toronto with a legacy 🙏
🔸Arguably the greatest Raptor of all time pic.twitter.com/7FvGzv54dA
— Bleacher Report (@BleacherReport) August 3, 2021
Other Notable Moves:
- Andre Drummond agreed to a 1-year deal with the Philadelphia 76ers
- Patty Mills agreed to a 2-year deal with the Brooklyn Nets
- James Johnson agreed to a 1-year deal with he Brooklyn Nets
- Evan Fournier agreed to a 4-year deal with the New York Knicks
- Rudy Gay agreed to a 1-year deal with the Utah Jazz
- Daniel Theis agreed to a 4-year deal with the Houston Rockets
- Cody Zellar agreed to a 1-year deal with the Portland Trail Blazers
- Trevor Ariza agreed to a 1-year deal with the Los Angles Lakers
- Zach Collins agreed to a 3-year deal with the San Antonio Spurs
- Jock Landale agreed to a 2-year deal with the San Antonio Spurs
- Doug Mcdermott agreed to a 3-year deal with the San Antonio Spurs
- Moe Harkless agreed to a 2-year deal with the Sacramento Kings
- Reggie Bullock agreed to a 3-year deal with the Dallas Mavericks
- Torrey Craig agreed to a 2-year deal with the Indiana Pacers
- Kelly Olynyk agreed to a 3-year deal with the Detroit Pistons