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NBA free agency: Billions spent on day one

The Golden State Warriors aren’t standing still after losing superstar forward Kevin Durant to Brooklyn — acting swiftly and savagely.

What up, Brooklyn. Picture: Vaughn Ridley/Getty Images
What up, Brooklyn. Picture: Vaughn Ridley/Getty Images

Live: NBA Free Agency

The Nets and Jazz were the big winners as the NBA’s free agency period opens, while the Knicks whiffed and the 76ers went big.

One of the most anticipated free agency periods in NBA history didn’t let anyone down on day one.

It started with a bang as it became clear the Nets would win the battle of New York for the signatures of Kevin Durant and Kyrie Irving.

But that was just the beginning of a frenetic opening three hours which saw an incredible number of deals signed before the 76ers shocked everyone by trading Jimmy Butler and adding Al Horford.

But even after all that the No. 1 name — Kawhi Leonard, who is arguably the best player in the game given Durant’s Achilles injury — is still up for grabs.

5.50pm

Opening day madness

A grand total of 50 moves took place on the opening day of NBA Free Agency with trades, extensions and players shifting all over the NBA landscape.

The deals amount to more than $3 billion in one of the wildest days that NBA has encountered.

Big name players were taken off the board nice and early, but several key players still remain with none bigger than Finals MVP superstar Kawhi Leonard.

Leonard is one of two Raptors players still up for grabs with Danny Green also on the market with several teams chasing his signature.

Other big names still up for grabs include DeMarcus Cousins, Marcus Morris, Kelly Oubre Jr., Wesley Matthews, Enes Kanter, Willie Cauley-Stein, Elfrid Payton, Jabari Parker, Kevin Looney and Rajon Rondo.

5.20pm

Kings land CoJo

Sacramento have capped off a busy opening day by landing guard Cory Joseph from the Indiana Pacers on a three-year, $37 million deal.

Joseph will play as the backup point guard behind De’Aaron Fox for the Kings.

4pm

Knicks continue to splurge

New York refused to offer up the big money for an injured Kevin Durant, but that hasn’t stopped them from signing cheque after cheque on day one.

The latest move sees them bring in Reggie Bullock on a two-year, $21 million deal.

3.20pm

Clippers secure Beverley

One of the league’s best defensive guards has been locked up by the Los Angeles Clippers with Patrick Beverley agreeing to a three-year, $40 million deal. The signing doesn’t hamper the Clippers from attempting to sign Kawhi Leonard.

3pm

Hiccup in Butler deal

Jimmy Butler was packing his bags and ready to head on down to South Beach to join the Miami Heat, but now his move hangs in the balance.

A breakdown in communication between the Dallas Mavericks and the Heat has put the move on ice for the time being.

According to reports the Mavericks thought they were getting Kelly Olynyk and Derrick Jones Jr. whereas the Heat thought it was Goran Dragic being shipped.

The onus now falls onto Miami to get the deal done if they’re to acquire Butler for the future.

2pm

Warriors coldly cut champion

Warriors star Andre Iguodala has been shipped off to Memphis in a deal that’s cleared the cap space needed by the Western Conference champions to pull off their huge deal with Brooklyn star D’Angelo Russell.

Iguodala said just two weeks ago he was confident of returning with the Warriors next season.

He was wrong.

The veteran guard was traded to the Grizzlies in a salary dump that cuts his $18 million salary from the Warriors’ 2019-2020 cap. The Warriors have had to give up three future first round draft picks to do it.

It was just last week that Iguodala made a series of headlines for comments that former coach turned ESPN analyst Mark Jackson had been “blacklisted” by the league because of his religious views.

Jackson’s religious views fly in the face of openly gay Warriors COO and League Hall of Famer Rick Welts.

Asked if he believed Jackson had been blacklisted by the league, Iguodala had the following to say. “I do,” he said. “Yes. Absolutely.”

1.45pm

Warriors respond to KD departure

Golden State has acted swiftly to Kevin Durant’s decision to leave for Brooklyn.

The Warriors have agreed to a sign-and-trade with the Nets that will see All-Star guard D’Angelo Russell head to the Bay.

The arrival of Russell has come at the cost of team favourite Andre Iguodala, who has been sent to Memphis for draft picks.

Golden State will also sign shooting guard Klay Thompson to a $190 million five-year extension as it shores up its team in the wake of Durant’s exit, but he won’t be available for most of the season after suffering an ACL tear in the NBA Finals.

1.30pm

Lopez brothers united by Bucks

After re-signing Brook Lopez when free agency opened, Milwaukee has agreed to a deal with his brother Robin.

12.30pm

Jordan joins buddies in Brooklyn

DeAndre Jordan has signed a four-year $40 million deal with the Nets, linking up with generous 2016 Olympics teammates Kevin Durant and Kyrie Irving.

RELATED: Durant paid $465,742 per game ... to watch

12pm

Pelicans filling out nicely

No. 1 pick Zion Williamson appears to be joining a roster capable of challenging for a playoff spot in his rookie season.

The Pelicans have signed veteran shooting guard JJ Redick and are also closing in on Jazz power forward Derrick Favors.

Adding that duo to Williamson, Jrue Holiday, Brandon Ingram, Lonzo Ball and Josh Hart is a decent starting point.

11.30am

76ers grab Horford as Butler, Redick depart

Philadelphia signed Celtics veteran Al Horford after agreeing to a sign-and-trade that sent Jimmy Butler to the Miami Heat.

Reports indicate Heat shooting guard Josh Richardson — who averaged 16 points per game last season — is headed to Philly as part of the deal, which also sees Miami duo Kelly Olynyk and Derrick Jones move to Dallas.

It came after JJ Redick traded in Ben Simmons for another celebrated No. 1 draft pick as the shooting guard signed with New Orleans to team up with Zion Williamson and the Pelicans.

It left plenty of cash for Tobias Harris — and he got paid.

“From the trade to the Sixers in February, through the regular season and playoffs and now on to free agency, this contract is a culmination of so much in my life and basketball career,” Harris wrote in an essay published on ESPN.com. “It’s also a new beginning.”

The 76ers also inked Mike Scott to a new deal.

Horford aside, it leaves the 76ers with a young core built around Joel Embiid (age 25), Simmons (22), Harris (26) and Richardson (25).

Embiid will benefit from not having to be defended by Horford anymore, but Redick was the team’s best shooter and Butler its best playmaker in the playoffs.

Simmons has business of his own to attend to, as he looks to secure a contract extension that could top $230 million.

11am

All Kawhi-et on Leonard front

Kawhi Leonard looks set to make the Raptors, Lakers, Clippers and Knicks wait on his decision.

Although Lakers fans will be hoping former LeBron James teammate Richard Jefferson knows something.

10.30am

Knicks’ ‘clown show’ revealed

All season the Knicks were considered a strong contender for Kevin Durant, Kyrie Irving — and even Anthony Davis at one stage.

Instead, the first target they landed after sending Kristaps Porzingis to Dallas to help clear $80 million in cap space is … Julius Randle.

That’s no knock on Randle, who averaged 21 points and almost nine rebounds a game in a breakout season with the Pelicans, but it’s not exactly the big name Knicks fans were hoping for.

New York also added veteran Taj Gibson to its front court.

It’s been reported owner James Dolan baulked at committing fully to Durant after his Achilles injury, but they may also be an attempt to save face after the Warriors superstar joined Kyrie Irving at cross-town rival Brooklyn.

ESPN’s Max Kellerman responded to that news with a scathing take. “Dolan trying to make it seem as though HE was the one making the choice,” he tweeted. “No. KD is way too smart to subject himself to Jim Dolan’s clown show. Dolan came begging, KD signed with New York’s #1 basketball team, and now Dolan trying to save face.”

There were some willing to defend New York’s inaction after missing out on Durant.

Knicks president Steve Mills released a statement, saying: “While we understand that some Knicks fans could be disappointed with tonight’s news, we continue to be upbeat and confident in our plans to rebuild the Knicks to compete for championships in the future, through both the draft and targeted free agents.”

RELATED: How Knicks found out Nets won

The Knicks also saw Mario Hezonja leave for the Trail Blazers.

8.20am

Pacers swap Bogdanovic for Brogdon

Indiana secured a trade for Bucks guard Malcolm Brogdon after losing Bojan Bogdanovic to the Jazz in free agency. The Pacers also signed Jeremy Lamb.

Utah, which made a trade for Grizzlies point guard Mike Conley last month, sees Ricky Rubio depart for Phoenix. A five-man line-up of Conley, Donovan Mitchell, Bogdanovic, Joe Ingles and Rudy Gobert could make some noise in the West.

The Jazz also added Nets big Ed Davis.

8.10am

KD and Kyrie locked in

Kevin Durant and Kyrie Irving have confirmed their intent to sign with Brooklyn as the Nets also agreed to a deal with Clippers wing Garrett Temple.

8.09am

Bucks hang on to bigs

Milwaukee looks to be keeping everyone but Malcolm Brogdon, while also looking to unite the Lopez brothers.

8.08am

Kemba walks to Boston

8.07am

Lillard, Porzingis, Vucevic sign big deals

Damian Lillard, Kristaps Porzingis, Nikola Vucevic and Rodney Hood were among the more notable players who agreed to new deals with their current teams.

8.06am

Contracts going right and left

There were plenty of non-superstars getting paid too.

Thomas Bryant, Trevor Ariza, Terrence Ross, Al-Farouq Aminu, Danuel House, Nerlens Noel, DeMarre Carroll and European forward Nicolo Melli were all scooped up as free agency opened.

8.05am

Brother Jonas stays with Grizz

Centre Jonas Valanciunas has recommitted to Memphis, signing a three-year deal, ESPN’s Adrian Wojnarowski reports.

The 27-year-old enjoyed a strong finish to the season with the Grizzlies after being traded from Toronto and is set to keep his talents in Tennessee.

8am

Pistons pick a Rose

7.15am

Still Gay time in San Antonio

7.10am

Jordan’s Kemba replacement is Rozier

Originally published as NBA free agency: Billions spent on day one

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Original URL: https://www.heraldsun.com.au/sport/us-sports/nba/live-nba-enters-free-agency-period/news-story/124bc40576556d42e06d5bb34310c032