NBA Free Agency 2025: Cap Space, Best Fits for All 30 Teams

With the NBA draft now concluded, teams across the league are directing their attention towards the upcoming free agency period and potential trade opportunities.

The key questions revolve around team finances: How many teams possess significant salary cap space, and which ones might be able to generate it? Which organizations are facing the restrictions imposed by the first or second apron of the luxury tax? Who might follow the example of teams like the Boston Celtics in making cost-saving trades to reduce their tax liability?

This analysis divides all 30 teams into distinct tiers, examining their projected salary cap situations, identifying key free agents, suggesting potential best fits, and exploring possible offseason maneuvers for each franchise.

Key: ETO = Early Termination Option | P = Player Option | R = Restricted | T = Team Option

Jump to a tier:

• Cap space teams
• Cap room, with a cost
• The $14.1M exception club
• Watching their own FAs
• First-apron teams
• Second-apron teams

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Tier 1: Cap space team

As of now, only the Brooklyn Nets are expected to have more than $20 million in cap space this offseason. This is a notable decrease compared to last offseason, when multiple teams like the Charlotte Hornets, Detroit Pistons, Oklahoma City Thunder, Orlando Magic, Philadelphia 76ers, San Antonio Spurs, and Utah Jazz actively used cap room to improve rosters or absorb salaries in trades. The primary reason for this reduced cap flexibility is the significant number of rookie and veteran contract extensions signed since the previous July.

NBA rules require teams to spend at least 90% of the $154.6 million salary cap by the start of the regular season. For a team like Brooklyn, currently at $96 million in salary commitments, this means they must spend at least $139.2 million by October 21. Failure to meet this minimum would result in the difference being distributed among their current players. Brooklyn would also forfeit its share of the projected $11.7 million end-of-season distribution to non-taxpaying teams. Importantly, any amount a team is below the salary floor is added to their team salary for calculations, meaning the maximum cap space Brooklyn could utilize during the regular season is $15.5 million.

Teams that are over the salary cap can still access the $8.8 million room midlevel exception. This can be used to sign a free agent or acquire a player via trade once their cap space is fully utilized.

The “cap-space free agents” mentioned below are players anticipated to sign contracts worth more than $14 million. A `player` designation indicates a player who can choose to exercise an option for the final year of their current agreement.

Brooklyn Nets

Projected room: $35 million

The Nets are shifting their strategy from selecting a large number of first-round picks to utilizing nearly $45 million in free agency funds. Beyond retaining restricted free agents Cam Thomas and Day`Ron Sharpe, Brooklyn is positioned as a destination for teams looking to unload salary, particularly if draft picks are included as sweeteners.

Given the requirement to reach 90% of the salary cap floor by the start of the regular season, Brooklyn is expected to be active in the free agent market. This activity is driven by the need to meet the minimum salary threshold rather than necessarily targeting top-tier players like previous acquisitions Kyrie Irving and James Harden. With $96 million in current salary, the Nets need to add approximately $44 million in spending.

Team needs: Lead facilitator and overall depth

Free agents who fit: Josh Giddey, Julius Randle, Tyus Jones, Jonathan Kuminga, Thomas, D`Angelo Russell, Malik Beasley, Malcolm Brogdon, Caris LeVert, Precious Achiuwa, Davion Mitchell, Quentin Grimes, and Oscar Tshiebwe

Moves I would make: Using available cap space, I would sign restricted free agent center Santi Aldama to a two-year, $40 million offer sheet. Additionally, I would re-sign Cam Thomas to a three-year, $54 million contract. Even with recent draft additions like Egor Demin and Nolan Traore, retaining Thomas should be a priority.

Under contract: Nicolas Claxton, Cameron Johnson, Terance Mann, Noah Clowney, Dariq Whitehead, Keon Johnson (T), Jalen Wilson (T), Tyrese Martin (T), Drew Timme (T), Egor Demin, Nolan Traore, Drake Powell, Ben Saraf and Danny Wolf.

Key free agents: Thomas (R), Sharpe (R)

Other free agents: Johnson, Wilson, Martin, Timme, Russell, De`Anthony Melton, Trendon Watford, Ziaire Williams

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Tier 2: Cap space, but at a cost

The Detroit Pistons and Memphis Grizzlies have the potential to join Brooklyn in the first tier of teams with significant cap space, but achieving this would require making difficult choices, such as renouncing rights to their own free agents or executing trades. Memphis is considered highly likely to create cap space, primarily to renegotiate and extend Jaren Jackson Jr.`s contract.

Detroit Pistons

Projected room: TBD

Creating up to $17 million in cap space would have substantial consequences for the Pistons roster. To achieve this, Detroit would need to renounce the rights to free agents Malik Beasley, Tim Hardaway Jr., and Dennis Schroder. While Beasley could potentially be re-signed using the created cap space, Detroit would only have the $8.8 million room exception available for other free agent signings. Alternatively, the Pistons could opt to re-sign their own free agents and utilize the $14.1 million non-tax midlevel exception for Beasley or another target.

Last offseason, the Pistons focused on improving their perimeter shooting and defense. This emphasis paid off, as they ranked 10th in defensive efficiency, ninth in field goal percentage allowed, fifth in paint points allowed, and ninth in blocks. This marked a significant improvement from the previous season, where they ranked in the 20s across these defensive categories, including 25th in efficiency.

Team needs: Perimeter shooting, reserve facilitator and frontcourt depth

Free agents who fit: Beasley, Hardaway, Schroder, Ty Jerome, Chris Paul, Sam Merrill, Luke Kennard, Gary Trent Jr., Taurean Prince, Nickeil Alexander-Walker, Trey Lyles, Jake LaRavia, Garrison Mathews, Jeff Dowtin Jr.

One move I would make: Sign Malik Beasley to a three-year, $45 million contract. Beasley was instrumental in improving the team`s 3-point shooting, helping them rise from the worst ranking in 2023-24 to 17th last season. The Pistons have the flexibility to sign Beasley using cap space and still retain the $8.8 million room midlevel exception.

Under contract: Cade Cunningham, Tobias Harris, Isaiah Stewart, Jaden Ivey, Ausar Thompson, Ronald Holland II, Simone Fontecchio, Jalen Duren, Marcus Sasser and Bobi Klintman

Key free agents: Hardaway, Schroder and Beasley

Other free agents: Lindy Waters III and Paul Reed

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Memphis Grizzlies

Projected room: $5 million (Note: Memphis used more than 100% of the traded player exemption to acquire Kentavious Caldwell-Pope and Cole Anthony. The Grizzlies will be hard capped at the first apron.)

The limited cap space projected for the Grizzlies is expected to be primarily used for a renegotiation and extension of Jaren Jackson Jr.`s contract. Memphis has the ability to increase Jackson`s $23.4 million salary for next season to $30.3 million and then sign him to an additional four-year extension worth up to $190 million. Reserve players like Cole Anthony and John Konchar are potential trade candidates if the Grizzlies need to create further cap space alongside a Jackson renegotiation. The new contract for Jackson would not impact the restricted free agency status of Santi Aldama or the ability to use the $8.8 million room exception.

Team needs: A healthy Ja Morant, spacing combo big and consistent rotational minutes.

Free agents who fit: Brook Lopez, Clint Capela, Larry Nance Jr., Al Horford, Luke Kornet, Kevon Looney, Mason Plumlee, Aldama, Branden Carlson, Micah Potter, Oscar Tshiebwe, Chris Boucher, Trey Lyles

One move I would make: Trade Cole Anthony and two future second-round picks to the Nets. The $12.5 million in salary savings this season would help facilitate Memphis`s ability to renegotiate and extend Jaren Jackson Jr.`s contract.

Under contract: Morant, Jackson, Caldwell-Pope, Anthony, Brandon Clarke, Konchar, Zach Edey, Vince Williams Jr., Scotty Pippen Jr., Jay Huff, GG Jackson, Jaylen Wells and Cedric Coward

Key free agent: Aldama (R)

Other free agents: Luke Kennard, Marvin Bagley III and Lamar Stevens

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Tier 3: The $14.1 million non-tax midlevel exception club

This is the largest group of teams, encompassing those with access to the full (or nearly full) $14.1 million non-tax midlevel exception and the $5.1 million biannual exception. A rule introduced last offseason also allows teams to use these exceptions to acquire players through trades. It`s important to note that if a team uses more than $5.7 million of their non-tax or biannual exception, they become hard-capped at the first apron of the luxury tax.

Atlanta Hawks

Below the tax: $31 million

Below the first apron: $39 million (Note: Atlanta will use more than 100% of the traded player exemption to acquire Kristaps Porzingis. The Hawks will be hard capped at the first apron.)

The Hawks have pursued an aggressive offseason strategy, acquiring Kristaps Porzingis via trade, drafting Asa Newell in the first round, and securing a valuable 2026 first-round pick from Milwaukee or New Orleans. These moves provide some financial flexibility below the luxury tax and first apron, allowing them to add backcourt depth. Atlanta has access to the $14.1 million non-tax midlevel exception and holds four trade exceptions, including significant ones valued at $25.2 million and $13.1 million.

Beyond free agency targets, the future of Trae Young is a key storyline to follow, as is the potential rookie extension for Dyson Daniels. Young is eligible to sign a contract extension worth up to four years and $229 million and could become a free agent next summer if an agreement isn`t reached.

Team needs: Backcourt help, frontcourt depth and rim protector

Free agents who fit: Al Horford, Clint Capela, Kevon Looney, Precious Achiuwa, Nickeil Alexander-Walker, Ben Simmons, Chris Paul, Malcolm Brogdon, Ty Jerome, Sam Merrill, Dennis Schroder, Bruce Brown, Day`Ron Sharpe, Isaiah Jackson and Branden Carlson

Moves I would make: In two separate transactions, I would use part of the non-tax midlevel exception to sign Ty Jerome to a three-year, $35 million contract. I would then use part of their $13.1 million trade exception to acquire Nickeil Alexander-Walker in a sign-and-trade deal from Minnesota, sending two future second-round picks as part of the trade.

Under contract: Young, Jalen Johnson, Porzingis, Onyeka Okongwu, Zaccharie Risacher, Georges Niang, Daniels, Kobe Bufkin, Vit Krejci, Mouhamed Gueye, Dominick Barlow (T) and Newell

Key free agent: Caris LeVert

Other free agents: Capela, Nance and Garrison Mathews

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Charlotte Hornets

Below the tax: $22 million

Below the first apron: $30.1 million (Note: Charlotte is using more than 100% of the expanded traded player exemption to acquire Vasilije Micic from Phoenix. The Hornets are hard capped at the first apron.)

The Hornets are operating right around the salary cap line but possess both draft assets and financial flexibility that could allow them to target an All-Star player if one becomes available. However, GM Jeff Peterson has emphasized that the team intends to proceed methodically with their rebuild and will not rush the process. “I will double down on how we`re not going to expedite anything,” Peterson stated to reporters after the season concluded.

The Hornets have access to the $14.1 million non-tax midlevel exception and the $5.1 million biannual exception, which can be used for free agent signings or trades.

Team needs: Perimeter shooting and facilitator

Free agents who fit: Ty Jerome, Malik Beasley, Tyus Jones, Chris Paul, Malcolm Brogdon, Sam Merrill, Dennis Schroder, Luke Kennard, Gary Trent Jr., Jake LaRavia, Tre Mann, Cam Thomas, Nickeil Alexander-Walker, Reece Beekman

One move I would make: Sign Chris Paul to a one-year, $14 million contract.

Under contract: LaMelo Ball, Miles Bridges, Jusuf Nurkic, Grant Williams, Josh Green, Brandon Miller, Tidjane Salaun, Micic, Nick Smith Jr., Josh Okogie, DaQuan Jeffries, Moussa Diabate, Kon Knueppel and Liam McNeeley

Key free agent: Mann (R)

Other free agents: Seth Curry and Taj Gibson

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Chicago Bulls

Below the tax: $46 million

Below the first apron: $52 million (Note: Chicago is using more than the Expanded Traded Exception in the Isaac Okoro trade and is hard capped at the first apron)

The Bulls are in a favorable financial position that allows them to re-sign restricted free agent Josh Giddey and utilize their $14.1 million non-tax midlevel exception to enhance the roster (they recently acquired Isaac Okoro, albeit at the cost of Lonzo Ball). They also have the capacity to absorb salary in trades. Chicago holds a significant $17.2 million trade exception generated from the Zach LaVine deal.

Two major storylines for this offseason revolve around the upcoming contract for Josh Giddey and the status of over $60 million in veteran expiring contracts, including those of Nikola Vucevic and Coby White.

Team needs: Frontcourt depth and defense-minded players

Free agents who fit: Giddey, Dorian Finney-Smith, Clint Capela, Larry Nance Jr., Kevon Looney, Braxton Key, Amir Coffey, Nickeil Alexander-Walker, Gary Payton II

Moves I would make: Sign free agent guards Josh Giddey and Tre Jones. The Giddey contract would be for five years, $120 million. Meanwhile, Jones would sign a two-year, $18 million contract.

Under contract: Vucevic, Patrick Williams, Zach Collins, Kevin Huerter, White, Isaac Okoro, Jalen Smith, Ayo Dosunmu, Jevon Carter (P), Matas Buzelis, Dalen Terry, Julian Phillips and Noa Essengue

Key free agent: Giddey (R)

Other free agents: Jones and Talen Horton-Tucker

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Houston Rockets

Below the tax: $1 million

Below the first apron: $9 million

Below the second apron: $21 million (Note: After Houston aggregated the contracts of Dillon Brooks and Jalen Green, they are now hard capped at the second apron.)

The Rockets began their free agency activity early by signing Steven Adams to a three-year, $39 million extension. This was followed by the acquisition of All-Star Kevin Durant from Phoenix. Durant is eligible to sign a new contract worth up to two years and $122 million starting on July 6. Houston also brought back several players including Fred VanVleet, Aaron Holiday, Jeff Green, and Jae`Sean Tate.

Key items on the Rockets` offseason agenda include finding a player to replace Dillon Brooks`s role and considering rookie extensions for Jabari Smith Jr. and Tari Eason. Both Smith and Eason are eligible for extensions until October 20.

Team needs: Perimeter shooting

Free agents who fit: Sam Merrill, Luke Kennard, Jake LaRavia, Branden Carlson, Oscar Tshiebwe, Gary Trent Jr., Alec Burks, Bruce Brown, Tim Hardaway Jr.

Moves I would make: Prioritize contract extensions for Kevin Durant, Jabari Smith Jr., and Tari Eason.

Under contract: Alperen Sengun, VanVleet, Durant, Smith, Reed Sheppard, Amen Thompson, Eason, Cam Whitmore, Adams, Jock Landale, Holiday, Green, Tate and Nate Williams

Key free agents: None

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New Orleans Pelicans

Below the tax: $6.1 million

Below the first apron: $7.3 million

Below the second apron: $19 million (Note: New Orleans aggregated the contracts of CJ McCollum and Kelly Olynyk. They are now hard capped at the second apron.)

The Pelicans have been active this summer, acquiring Jordan Poole and Saddiq Bey in a trade with Washington and selecting Jeremiah Fears and Derik Queen in the first round of the draft. However, moving up 10 spots to draft Queen came at the cost of a valuable 2026 first-round pick.

A persistent major question mark is the future of Zion Williamson and the team`s ability to build a successful roster around him. Williamson has participated in only 46% of regular-season games since being the top draft pick in 2019 and has yet to appear in a playoff game. His $39.4 million salary for next season is scheduled to become fully guaranteed on July 15, with $7.9 million currently protected.

Team needs: Facilitator, rebounding and perimeter defenders

Free agents who fit: Chris Paul, Gary Payton II, Braxton Key, Larry Nance Jr., Al Horford, Kevon Looney, Dru Smith, Reece Beekman, Malcolm Brogdon, Trey Lyles, Ty Jerome, Tre Jones, Dennis Schroder, Brook Lopez, Jake LaRavia, Luke Kennard, Taurean Prince, Luke Kornet

One move I would make: Guarantee the full $39.5 million contract for Zion Williamson.

Under contract: Williamson, Dejounte Murray, Poole, Trey Murphy III, Herbert Jones, Bey, Jordan Hawkins, Jose Alvarado, Yves Missi, Karlo Matkovic, Antonio Reeves, Elfrid Payton (T), Brandon Boston (T), Fears and Queen

Key free agent: Bruce Brown

Other free agents: Boston and Payton

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Oklahoma City Thunder

Below the tax: $4.5 million

Below the first apron: $12.1 million

The primary focus for the NBA champions this offseason is securing contract extensions for their young stars: Shai Gilgeous-Alexander, Jalen Williams, and Chet Holmgren. These three players could sign new deals potentially totaling close to $800 million combined. The Thunder also need to manage their roster composition, as they currently have 16 players under contract, which is one more than the maximum allowed to start the season.

Team needs: Reserve bigs and lead guard depth

Free agents who fit: Clint Capela, Larry Nance Jr., Al Horford, Kevon Looney, Precious Achiuwa, Mason Plumlee, Trey Lyles, Oscar Tshiebwe, Day`Ron Sharpe, Isaiah Jackson, De`Anthony Melton, Tyus Jones, Malcolm Brogdon

Moves I would make: In addition to extending Gilgeous-Alexander, Holmgren, and Williams, I would trade Ousmane Dieng to the Hawks for two future second-round picks. This move would also open up a valuable roster spot.

Under contract: Gilgeous-Alexander, Isaiah Hartenstein, Alex Caruso, Luguentz Dort, Holmgren, Isaiah Joe, Aaron Wiggins, Kenrich Williams, Dieng, Jalen Williams, Cason Wallace, Nikola Topic, Dillon Jones, Ajay Mitchell (T), Jaylin Williams (T) and Thomas Sorber

Key free agents: Mitchell and Jaylin Williams

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Portland Trail Blazers

Below the tax: $7.9 million

Below the first apron: $14.3 million (Note: The Trail Blazers intend to use more than 100% of the expanded traded player exemption. They are now hard capped at the first apron.)

Entering the offseason, Portland was considered a wild-card team due to the expiring contracts of Anfernee Simons, Matisse Thybulle, Robert Williams III, and Deandre Ayton. Simons was eventually traded to the Celtics for guard Jrue Holiday, a move that positions Portland to potentially compete for at least a play-in spot.

Two significant internal decisions to monitor are potential contract extensions for Shaedon Sharpe and Toumani Camara. Camara was recognized for his defense last season, being named to the All-Defensive second team.

Team needs: 3-and-D forwards and wings

Free agents who fit: De`Anthony Melton, Javonte Green, Gary Payton II, Amir Coffey, Gary Trent Jr., Bruce Brown, Lamar Stevens, Delon Wright, Riley Minix, Jabari Walker, Ziaire Williams, Taurean Prince, Trey Lyles

One move I would make: Sign Toumani Camara to a four-year, $87 million extension.

Under contract: Ayton, Holiday, Jerami Grant, Deni Avdija, Williams III, Thybulle (P), Scoot Henderson, Donovan Clingan, Sharpe, Kris Murray, Duop Reath, Camara, Rayan Rupert (T) and Yang Hansen

Key free agent: Walker (R)

Other free agents: Rupert and Dalano Banton

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Sacramento Kings

Below the tax: $18 million

Below the first apron: $23 million

Sacramento is one of the few teams in need of a starting point guard. Although the Kings lack the cap space to sign one directly in free agency, they have contracts, including DeMar DeRozan and Malik Monk, that could be used in trade packages.

The Kings have two players with max contracts, Zach LaVine and Domantas Sabonis, under contract, but they retain financial flexibility to absorb salary through trades or utilize their $14.1 million exception in free agency. They also possess five trade exceptions ranging from $1.9 million to $16.9 million.

Team needs: Facilitator, shooting and defense-minded players

Free agents who fit: De`Anthony Melton, Tyus Jones, Chris Paul, Tre Jones, Sam Merrill, Dennis Schroder, Gary Payton II, Braxton Key, Amir Coffey, Ben Simmons, Bruce Brown, Nickeil Alexander-Walker, Taurean Prince, Jake LaRavia, Jae`Sean Tate, Lamar Stevens, Delon Wright, Keaton Wallace, Reece Beekman

One move I would make: Use part of the non-tax midlevel exception to sign Gary Payton II to a two-year, $15 million contract.

Under contract: LaVine, Sabonis, DeRozan, Monk, Keegan Murray, Jonas Valanciunas, Devin Carter, Terence Davis (T), Keon Ellis (T), Isaac Jones (T) and Nique Clifford

Key free agent: Ellis

Other free agents: Jones, Davis, Trey Lyles, Doug McDermott, Jake LaRavia, Jae Crowder and Markelle Fultz

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San Antonio Spurs

Below the tax: $27 million

Below the first apron: $32 million

The Spurs meet the criteria necessary to acquire an All-Star caliber player: draft equity, controllable contracts of considerable value, and a roster capable of competing for a playoff spot. Excluding Victor Wembanyama and De`Aaron Fox, San Antonio has seven players earning salaries between $4.7 million and $27 million.

Financially, being in Year 3 of Wembanyama`s first-round rookie contract provides San Antonio with the ability to absorb salary without facing significant financial limitations. Besides adding to their roster, a key focus this offseason is a contract extension for De`Aaron Fox. The guard is eligible to sign a four-year extension worth up to $229 million starting August 3.

Team needs: Backcourt depth, shooting and reserve big

Free agents who fit: De`Anthony Melton, Dennis Schroder, Gary Payton II, Tyus Jones, Malik Beasley, Ty Jerome, Tyus Jones, Malcolm Brogdon, Caris LeVert, Chris Paul, Larry Nance Jr., Al Horford, Amir Coffey, Luke Kennard, Gary Trent Jr., Jake LaRavia, Clint Capela, D`Angelo Russell, Quentin Grimes, Santi Aldama, Isaiah Jackson, Kevon Looney

One move I would make: Trade Keldon Johnson, Blake Wesley, a 2029 first-round pick (top-four protected), the right to swap first-round picks in 2032 (top-two protected), and two future second-round picks to Brooklyn for Cameron Johnson.

Under contract: Fox, Devin Vassell, Johnson, Harrison Barnes, Wembanyama, Stephon Castle, Jeremy Sochan, Malaki Branham, Wesley, Julian Champagnie, Dylan Harper and Carter Bryant

Key free agent: Chris Paul

Other free agents: Charles Bassey, Jordan McLaughlin, Bismack Biyombo and Sandro Mamukelashvili

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Utah Jazz

Below the tax: $22 million

Below the first apron: $30 million

The Jazz recently appointed Austin Ainge, formerly of the Celtics, to oversee basketball operations. Ainge reaffirmed in his introductory press conference that the Jazz do not plan a deliberate strategy to “bottom out” in an effort to secure a top pick in the upcoming draft.

Achieving this goal will depend significantly on the development of their current draft picks or their ability to leverage larger expiring contracts (such as those of John Collins, Jordan Clarkson, and Collin Sexton) and draft assets to acquire players who can contribute immediately. The Jazz also need to balance their roster size. Utah added Ace Bailey and Walter Clayton Jr., bringing their roster total to 17 players, returning 15 from last season. However, four of those players (KJ Martin, Svi Mykhailiuk, Jaden Springer, and Johnny Juzang) do not have protected salaries.

Team needs: Defense-minded talent across the board, veteran habit demonstrators

Free agents who fit: Jonathan Kuminga, De`Anthony Melton, Chris Paul, Malcolm Brogdon, Larry Nance Jr., Luke Kornet, Russell Westbrook, Dennis Schroder, Gary Payton II, Paul Reed, Kevon Looney, Braxton Key, Mason Plumlee, Jae`Sean Tate, James Johnson, Delon Wright, Kyle Lowry, Keaton Wallace, Reece Beekman, Kessler Edwards, Isaiah Jackson, Branden Carlson

One move I would make: Sign Walker Kessler to a five-year, $115 million extension.

Under contract: Lauri Markkanen, Collins (P), Sexton, Clarkson, Taylor Hendricks, Cody Williams, Kessler, Keyonte George, Kyle Filipowski, Brice Sensabaugh, Isaiah Collier, Martin, Juzang, Springer, Mykhailiuk, Bailey and Clayton

Key free agent: None

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Washington Wizards

Below the tax: $13 million

Below the first apron: $18 million (Note: The Wizards intend to use more than 100% of the expanded traded player exemption to acquire CJ McCollum and Kelly Olynyk. They are hard capped at the first apron.)

Will the Wizards continue their recent strategy of taking on contracts that extend beyond the current season if attached to valuable draft picks? Washington currently holds nearly $100 million in expiring contracts, including those belonging to Khris Middleton, CJ McCollum, Kelly Olynyk, Marcus Smart, and Richaun Holmes.

Team needs: Internal development, fundamentally sound guards and a big who can defend.

Free agents who fit: Ty Jerome, Tyus Jones, Chris Paul, Clint Capela, Larry Nance Jr., Al Horford, Kevon Looney, Paul Reed, Dennis Schroder, Tre Jones, Gary Payton II, Braxton Key, Mason Plumlee, Davion Mitchell, Oscar Tshiebwe, Day`Ron Sharpe, Reece Beekman, Keaton Wallace, Isaiah Jackson, Branden Carlson

One move I would make: Sign veteran Kevon Looney to a two-year, $10 million contract.

Under contract: Middleton, McCollum, Smart, Corey Kispert, Alex Sarr, Bilal Coulibaly, Olynyk, Bub Carrington, AJ Johnson, Kyshawn George, Holmes, Anthony Gill, Justin Champagnie, Colby Jones, Tre Johnson and Will Riley

Key free agent: Malcolm Brogdon

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Tier 4: Watching their own free agents

For the teams in this tier, their salary cap flexibility is heavily dependent on the decisions of their own free agents. For instance, the Golden State Warriors could potentially access the $14.1 million tax midlevel exception, but only if restricted free agent Jonathan Kuminga is not re-signed. Similarly, the Indiana Pacers` luxury tax status for the upcoming season hinges on whether starting center Myles Turner signs a new contract.

Note: The $195.5 million first apron is triggered if a team utilizes more than $5.7 million of its midlevel exception, the $5.1 million biannual exception, or acquires a player through a sign-and-trade agreement. Exceeding 100% of the traded player exception also triggers the first apron hard cap. Teams can re-sign their own free agents using Bird, Early Bird, or Non-Bird exceptions without triggering the hard cap. The league includes unlikely performance bonuses when calculating a team`s salary relative to the first and second aprons.

Golden State Warriors

Below the tax: $17 million

Below the first apron: $25 million

Below the second apron: $39 million

The Warriors have a significant portion of their salary concentrated in a few players, with Stephen Curry, Jimmy Butler III, and Draymond Green accounting for 82% of their payroll next season. These financial constraints make the situation with Jonathan Kuminga particularly critical for Golden State`s offseason plans.

Golden State is expected to extend Kuminga a $7.9 million one-year qualifying offer, making him a restricted free agent. What follows could involve a waiting game. With the Brooklyn Nets being the only team likely able to offer Kuminga a starting salary of $20 million or more (which Golden State would have the right to match), exploring a sign-and-trade option might be the most viable path for both sides. The outcome of the Kuminga situation will directly influence the flexibility Golden State has in addressing its need for a starting center.

One move I would make: Trade Moses Moody to the Knicks for Mitchell Robinson.

Team needs: Rim protector, frontcourt depth, athleticism and shooting

Free agents who fit: Kuminga, Malik Beasley, Ty Jerome, Malcolm Brogdon, Tyus Jones, Brook Lopez, Kevon Looney, Luke Kornet, Luke Travers, Sam Merrill, Gary Payton II, Gary Trent Jr., Luke Kennard, Taurean Prince, Nickeil Alexander-Walker, Bruce Brown, Trendon Watford, Alec Burks, Keaton Wallace, Quentin Grimes, Davion Mitchell, Jalen Bridges

Under contract: Curry, Butler, Green, Buddy Hield, Moody, Brandin Podziemski, Trayce Jackson-Davis, Gui Santos (T) and Quinten Post (T)

Key free agent: Kuminga

Other free agents: Payton, Looney, Braxton Key, Kevin Knox II and Pat Spencer

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Indiana Pacers

Below the tax: $20 million

Below the first apron: $27 million

Below the second apron: $39 million

The positive news for the Eastern Conference champions is that they have 11 players already under contract for the next season. The challenging news is that All-Star Tyrese Haliburton is sidelined indefinitely due to a torn Achilles tendon.

The primary focus this offseason is reaching a new contract agreement with Myles Turner. However, this comes with a significant financial consideration: at what cost? The Pacers have not incurred the luxury tax since 2006, and a new deal for Turner could impact the team`s ability to retain breakout playoff performers Bennedict Mathurin and Aaron Nesmith. Both players are eligible for contract extensions this offseason, and Mathurin will become a restricted free agent next summer if an extension isn`t finalized.

Team needs: Frontcourt and wing depth

Free agents who fit: Turner, Kevon Looney, Ben Simmons, Mason Plumlee, Sandro Mamukelashvili, Jeremiah Robinson-Earl, Branden Carlson, Isaiah Jackson, Micah Potter, Jabari Walker, PJ Hall, Al Horford, Larry Nance Jr.

One move I would make: Sign Myles Turner to a three-year, $75 million contract.

Under contract: Haliburton, Pascal Siakam, Andrew Nembhard, Obi Toppin, Nesmith, T.J. McConnell, Mathurin, Jarace Walker, Ben Sheppard, Johnny Furphy, Tony Bradley (T)

Key free agent: Turner

Other free agents: Bradley, Thomas Bryant, James Johnson and Jackson (R)

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LA Clippers

Below the tax: $12 million

Below the first apron: $20 million

Below the second apron: $32 million

The terms of James Harden`s next contract will significantly influence the Clippers` financial flexibility, not just this summer but in future years. If Harden exercises his $36.3 million player option for next season or signs a new deal with a comparable first-year salary, the Clippers will have access to their non-tax midlevel exception and remain active participants in trade discussions. (The Clippers do not have access to the $5.1 million biannual exception because they signed Nicolas Batum using it last July.)

Team needs: Reserve lead guard and big

Free agents who fit: Tyus Jones, Chris Paul, Malcolm Brogdon, Larry Nance Jr., Al Horford, Dennis Schroder, Kevon Looney, Gary Payton II, Clint Capela, Dru Smith, Collin Gillespie

Moves I would make: Split the $14.1 million non-tax midlevel exception to sign Chris Paul and Clint Capela.

Under contract: Kawhi Leonard, James Harden (P), Norman Powell, Ivica Zubac, Bogdan Bogdanovic, Derrick Jones Jr., Kris Dunn, Nicolas Batum (P), Kobe Brown, Cam Christie, Drew Eubanks, Jordan Miller and Yanic Konan Niederhauser

Key free agents: Harden and Batum

Other free agents: Amir Coffey, Patty Mills and Ben Simmons

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Los Angeles Lakers

Above the tax: $4 million

Below the first apron: $4 million

Below the second apron: $16 million (Note: After the Lakers sent cash to Chicago during the draft, they are now hard capped at the second apron.)

Beyond the trade involving Luka Doncic, the Lakers demonstrated aggressiveness at the trade deadline in an effort to strengthen their center position. Expect a similar approach this offseason. While the Lakers lack the cap space to sign a prominent free agent big man like Myles Turner, they possess assets that can be utilized in trades. These include a 2031 or 2032 first-round pick, pick swap rights for five future years, former first-round pick Dalton Knecht, and over $70 million in expiring contracts (Austin Reaves, Dorian Finney-Smith, Rui Hachimura, Maxi Kleber, and Gabe Vincent).

The Lakers will continue to navigate two simultaneous paths: a win-now approach centered around LeBron James and building a sustainable future team around Luka Doncic. Doncic is eligible for a contract extension worth up to four years and $229 million starting August 2. The Lakers could have access to most of their $14.1 million non-tax midlevel exception, but only if Dorian Finney-Smith declines his player option and does not re-sign. If Finney-Smith does not return, the Lakers would be $20 million below the first apron.

Team needs: Rim protector, frontcourt and wing depth

Free agents who fit: Clint Capela, Al Horford, Larry Nance Jr., Kevon Looney, Brook Lopez, Mason Plumlee, Day`Ron Sharpe, Isaiah Jackson, Branden Carlson, Micah Potter, Dorian Finney-Smith, Javonte Green, Jabari Walker,

Moves I would make: Build depth at center, starting with trading Gabe Vincent, Jordan Goodwin, and a second-round pick to Portland for Robert Williams III. Sign Brook Lopez to a one-year, $5.7 million contract.

Under contract: James (P), Doncic, Finney-Smith (P), Hachimura, Reaves, Kleber, Vincent, Jarred Vanderbilt, Knecht, Bronny James, Shake Milton and Goodwin (T)

Key free agent: Jaxson Hayes

Other free agents: Goodwin, Markieff Morris and Alex Len

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Miami Heat

Below the tax: $5.8 million

Below the first apron: $11 million

Below the second apron: $23 million

The level of aggression Miami pursues in building its roster around Bam Adebayo, Tyler Herro, and Kel`el Ware will be influenced by patience – whether to make moves now or wait until the 2026 offseason. The Heat will have flexibility to target free agents in 2026 and participate in trade discussions using the expiring contracts of Terry Rozier and Duncan Robinson. Miami is also comfortably below the second apron, allowing them to aggregate contracts in trades. However, if the goal is to sign restricted free agent Davion Mitchell, prioritizing trades that take back less salary becomes important.

Team needs: Backcourt depth and a reserve big

Free agents who fit: Mitchell, Tyus Jones, Malcolm Brogdon, De`Anthony Melton, Chris Paul, Dennis Schroder, Gary Payton II, Bruce Brown, Gary Trent Jr., Kevon Looney, Luke Kornet, Al Horford, Precious Achiuwa, Mason Plumlee, Chris Boucher

Moves I would make: Sign Davion Mitchell to a three-year, $25 million contract. Have Duncan Robinson decline his early termination option and then arrange a sign-and-trade deal with the Hawks. The Heat would receive a future second-round pick and save nearly $20 million in salary, gaining access to the non-tax midlevel exception.

Under contract: Adebayo, Herro, Andrew Wiggins, Kyle Anderson, Haywood Highsmith, Nikola Jovic, Ware, Kevin Love, Rozier, Jaime Jaquez Jr., Robinson (ETO), Keshad Johnson, Pelle Larsson, and Kasparas Jakucionis

Key free agent: Mitchell (R)

Other free agents: Alec Burks

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Milwaukee Bucks

Below the tax: $23 million

Below the first apron: $29 million

Below the second apron: $41 million

As with every offseason, there is a clear focus on continuing to build a championship-contending roster around Giannis Antetokounmpo. Bucks GM Jon Horst`s approach to finding players who complement Antetokounmpo, particularly in light of Damian Lillard`s Achilles injury, will involve a combination of free agency and trades. As a result of the Khris Middleton-Kyle Kuzma swap, the Bucks can use the $14.1 million non-tax midlevel exception to sign a free agent like Gary Trent Jr. or acquire a temporary replacement for Lillard.

The futures of Brook Lopez and Bobby Portis also need to be addressed. Lopez is one of only five players last season with at least 100 made 3-pointers and 100 blocks, and he has started every game since joining Milwaukee in 2018. Bobby Portis` $13.4 million player option is below the league average salary. It is unlikely the Bucks can retain both players, utilize their non-tax midlevel exception, and add salary via trade simultaneously.

Team needs: Lead guards and bigs

Free agents who fit: Trent, Myles Turner, Lopez, Portis, Ty Jerome, Tyus Jones, Chris Paul, Malcolm Brogdon, Larry Nance Jr., Al Horford, Luke Kornet, Dennis Schroder, Gary Payton II, Bruce Brown, Nickeil Alexander-Walker, Trey Lyles, Chris Boucher, Trendon Watford, Lindy Waters III, Alec Burks, Jeremiah Robinson-Earl, Santi Aldama, Tre Mann, Reece Beekman, Micah Potter, Branden Carlson

Moves I would make: Acquire Duncan Robinson from Miami in a sign-and-trade package involving Pat Connaughton, with Robinson`s first-year salary being $13 million. Then, sign Dennis Schroder to a two-year, $14 million contract. Re-sign Bobby Portis to a two-year, $32 million extension (as part of the agreement, Portis would opt-in to his current deal). Finally, sign Luke Kornet to a two-year, $14 million contract.

Under contract: Antetokounmpo, Lillard, Kuzma, Portis (P), Connaughton, (P), Kevin Porter Jr., Tyler Smith, AJ Green, Chris Livingston and Andre Jackson Jr.

Key free agents: Portis, Lopez and Trent

Other free agents: Connaughton, Porter, Taurean Prince, Ryan Rollins (R) and Jericho Sims

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Minnesota Timberwolves

Above the tax: $15 million

Above the first apron: $10 million

Below the second apron: $2 million

The Timberwolves enter the offseason facing key roster decisions, operating under the leadership of their new ownership group, Marc Lore and Alex Rodriguez. While Minnesota has 14 players from the upcoming season`s roster under contract, starter Julius Randle and key reserve Nickeil Alexander-Walker could become free agents (Randle holds a player option). The financial commitment required to retain both players could push the Timberwolves` payroll past $250 million, placing them back into the second apron.

Team needs: A reserve big and wing shooting

Free agents who fit: Randle, Alexander-Walker, Larry Nance Jr., Al Horford, Luke Kennard, Gary Trent Jr., Jake LaRavia, Trey Alexander, Riley Minix, Luke Kornet, Sam Merrill, Mason Plumlee, Trey Lyles, Taurean Prince, Amir Coffey

One move I would make: Have Julius Randle opt-in to his contract and then sign him to a two-year, $60 million extension.

Under contract: Anthony Edwards, Rudy Gobert, Randle (P), Jaden McDaniels, Naz Reid, Donte DiVincenzo, Mike Conley, Rob Dillingham, Terrence Shannon Jr., Jaylen Clark, Luka Garza (T), Leonard Miller, Josh Minott (T) and Joan Beringer

Key free agents: Randle and Alexander-Walker

Other free agents: Garza, Minott and Joe Ingles

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Orlando Magic

Above the tax: $5.5 million

Below the first apron: $1.5 million

Below the second apron: $13 million (Note: The Magic aggregated the contracts of Kentavious Caldwell-Pope and Cole Anthony in the Desmond Bane trade. As a result, they are hard capped at the second apron.)

Prior to trading for Desmond Bane, the Magic had strategically built their roster primarily through free agent signings and draft picks, with Wendell Carter Jr. and Gary Harris being the only players acquired via trade. The “all-in” move for Bane signals that Orlando sees an opportunity in the Eastern Conference to not only contend for a play-in spot but also compete for a top-four seed. The Bane trade projects Orlando to pay the luxury tax for the first time since the 2010-11 season.

The offseason now centers on a potential rookie maximum contract extension for Paolo Banchero. The forward is eligible to sign an extension worth up to five years and $247 million. Such a deal would result in Orlando having four players—Banchero, Bane, Franz Wagner, and Jalen Suggs—each earning over $35 million next season.

Team needs: A reserve lead guard and wing shooting

Free agents who fit: Tyus Jones, Malcolm Brogdon, Chris Paul, Sam Merrill, Dennis Schroder, Gary Trent Jr., Landry Shamet, Jake LaRavia, Garrison Mathews, Tim Hardaway Jr., Trey Alexander, Mason Jones, Cam Thomas, Keion Brooks

One move I would make: Sign Tyus Jones to a two-year, $12 million contract.

Under contract: Wagner, Suggs, Bane, Banchero, Jonathan Isaac, Carter, Goga Bitadze, Anthony Black, Jett Howard, Tristan da Silva, Moritz Wagner (T), Caleb Houstan (T), Jase Richardson

Key free agents: Wagner and Houstan

Other free agents: Harris and Cory Joseph

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Philadelphia 76ers

Below the tax: $1.8 million

Below the first apron: $9.8 million

Below the second apron: $21.7 million

A year after signing Paul George and being widely considered the “unofficial” winners of the 2024 offseason, Philadelphia is expected to have a quieter summer. The priorities for this offseason range from monitoring Joel Embiid`s health to re-signing Quentin Grimes and Guerschon Yabusele.

Quentin Grimes is a restricted free agent, allowing Philadelphia to exceed the salary cap to re-sign him. However, if the 76ers use more than $5.7 million of the non-tax midlevel exception to sign Guerschon Yabusele or another free agent, they will trigger the hard cap at the first apron.

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