The opening NBA free agency is like a Black Friday sale at Walmart if everyone is mainlining Starbucks and has millions of dollars in their pockets to spend.
While a lot of money has been thrown around, the Celtics started the day quiet. That shouldn't be much of a surprise, considering they've done most of their work via trade so far and have limited free agent money to spend.
Here's a look at how things have gone so far.
LONZO BALL TO THE CHICAGO BULLS
New Orleans Pelicans guard Lonzo Ball is landing on a four-year, $85 million contract with Chicago Bulls in a sign-and-trade agreement, his agent and @KlutchSports CEO Rich Paul tells ESPN.
— Adrian Wojnarowski (@wojespn) August 2, 2021
The Chicago Bulls are sending Tomas Satoransky, Garrett Temple and a second-round pick to New Orleans for Lonzo Ball, who's signing a four-year, $85M contract, sources tell @TheAthletic @Stadium.
— Shams Charania (@ShamsCharania) August 2, 2021
This deal was announced about 10 seconds into the official negotiation period, which screams tampering but I guess we don't care about that right now.
Ball is out, and the Pels get some decent help to replace him. It's going to be interesting how Zion Williamson reacts to the news considering Ball was a favorite of his.
Chicago is trying to make a move up the East standings and the addition of Ball will certainly try to push the Bulls into a more uptempo pace. I'm not sure how the Bulls are going to work together, but they have the potential to be a real nuisance.
KYLE LOWRY TO MIAMI
— Kyle Lowry (@Klow7) August 2, 2021
Lowry is reportedly getting a three-year, $90 million dollar deal with Miami. The terms of the sign-and-trade deal aren't out yet, but Goran Dragic and Precious Achiuwa are reportedly part of the deal.
This clearly impacts the Celtics as the Heat are now making a push to be in the top half of the East. Lowry's a champion and Jimmy Butler, who is signing a max extension, is a gamer. That's going to be a very tough team.
CHRIS PAUL SAYS IN PHOENIX
BREAKING NEWS: Free agent star Chris Paul reaches agreement with Phoenix Suns on four-year, up to $120 million contract that will expire when he’s 40, league sources tell @YahooSports.
— Chris Haynes (@ChrisBHaynes) August 2, 2021
FOUR YEARS?? That's a monster deal for a 36-year-old. It's funny how Chris Paul's deal went from untradeable to one that he opted out of, to one that will be untradeable almost immediately.
The reason for this is the over-38 rule, which basically addresses earnings after a player's 38th birthday as "deferred compensation." So for salary cap purposes, the money made after age 38 is factored into his pre-38th birthday years.
It's complicated. It's a lot, in a lot of ways.
JEFF GREEN GOING TO DENVER
Free agent forward/center Jeff Green has agreed to a two-year, $10 million deal with the Denver Nuggets, his agent Jason Glushon of @GlushonSM tells ESPN. The deal includes a player option in the second year.
— Malika Andrews (@malika_andrews) August 2, 2021
Surprising, but after signing a bunch of minimum deals, heading to Denver and another potentially winning situation while making $5 million a year is one more payday for Green as his career winds down. He was on Boston's radar, but they clearly weren't going to give him that kind of money.
MIKE CONLEY STAYING IN UTAH
Free agent Mike Conley Jr. has agreed to a three-year, $68 million deal to return to the Utah Jazz, sources tell @TheAthletic @Stadium.
— Shams Charania (@ShamsCharania) August 2, 2021
Not a shock here. The Jazz have one chance here to figure themselves out and that's with Conley running the point.
DUNCAN ROBINSON STAYING PUT
Duncan Robinson – host of the @TheLongshotPod – has agreed to a 5-year, $90M contract to stay with the Miami Heat, his agent Jason Glushon of @GlushonSM tells ESPN. The deal, largest ever for an undrafted player, also includes an ETO after the fourth year.
— Adrian Wojnarowski (@wojespn) August 2, 2021
This is the most ridiculous announcement I've ever seen and it shows you how much you have to be in bed with agents to become a "news breaker" nowadays.
Oh, and this makes Miami all the more dangerous.
Free agent forward JaMychal Green has agreed to a two-year, $17 million deal to return to the Denver Nuggets, sources tell @TheAthletic @Stadium. Deal includes player option in Year 2.
— Shams Charania (@ShamsCharania) August 2, 2021
This was my long shot hope for the Celtics, but the instant he opted out, I knew he'd be headed back on some kind of increase. It's not as much of an increase as I'd expected, though.
JARRETT ALLEN CASHES IN
Restricted free agent C Jarrett Allen has agreed to a five-year, $100 million contract to stay with the Cleveland Cavaliers, his agents Derrick Powell and Jim Tanner tell ESPN.
— Adrian Wojnarowski (@wojespn) August 2, 2021
Yowza that's a lot for a young center, but the hope in Cleveland is that he can not only add to his game but also fit with Evan Mobley, the third overall pick in this year's draft and a guy many believe could become this draft's biggest star in five years.
I love Allen, but $20 million feels like a lot. Maybe it won't be as the cap continues to increase, especially after the new TV money rolls in.
LAKERS TRYING TO FILL GAPS
Free agent center Dwight Howard has agreed to return to the Los Angeles Lakers, his agent Qais Haider tells @TheAthletic @Stadium.
— Shams Charania (@ShamsCharania) August 2, 2021
Free agent guard Wayne Ellington Jr. has reached an agreement with the Los Angeles Lakers on a one-year deal, his agent Mark Bartelstein of @PrioritySports tells @YahooSports.
— Chris Haynes (@ChrisBHaynes) August 2, 2021
Free agent F Trevor Ariza has agreed to a one-year deal with the Los Angeles Lakers, his agents Aaron Mintz, Steven Heumann and Erika Ruiz of @caa_sports tell ESPN.
— Adrian Wojnarowski (@wojespn) August 2, 2021
After pulling off the deal to add Russell Westbrook, the Lakers were left with very few avenues to fill out their roster. Ellington shot well last season in Detroit and could give the Lakers some desperately-needed floor spacing. Ariza is on his last legs hoping to recapture some magic. Howard is hoping to reprise his role from the Lakers championship.
The Lakers have little choice but to hope signings like this pan out.
EVAN FOURNIER IS GONE
Free agent Evan Fournier has agreed to a four-year deal that could be worth as much as $78M with the New York Knicks, source tells ESPN.
— Adrian Wojnarowski (@wojespn) August 3, 2021
That's just too rich for Boston's blood. They were not going to go that long with years or that high in salary. An offer from the Knicks has always been a fear of mine, but this even goes beyond what I expected. I thought it'd be a one-year balloon offer, but they're committing to him for at least three years.
The criticism of the handling of the Hayward departure is sure to commence. There's a lot there to unpack.
DANIEL THEIS GETTING PAID
Free agent C Daniel Theis has agreed to a four-year, $36M deal to join the Houston Rockets, his agents Michael Tellem and Aaron Mintz of @CAA_Basketball tell ESPN.
— Adrian Wojnarowski (@wojespn) August 3, 2021
Good for old friend Daniel Theis getting his bag in Houston. This is much more of a commitment than he's seen in Boston, though I think the Celtics would have paid him if circumstances had been different.
PJ TUCKER JOINS HEAT
PJ Tucker is signing a two-year, $15 million deal with Miami, sources tell @TheAthletic @Stadium. https://t.co/Pti5ZYmeg0
— Shams Charania (@ShamsCharania) August 3, 2021
This adds even more toughness to the Heat, and obviously a little bit more championship swagger. It bolsters an up-and-coming contender and weakens the defending champs. A bit of a coup for Miami.
NEW ORLEANS ADDS DEVONTE' GRAHAM
The New Orleans Pelicans are landing Charlotte restricted free agent guard Devonte Graham on a four-year, $47M contract in a sign-and-trade deal, agents Ty Sullivan and Austin Brown of @CAA_Basketball tell ESPN.
— Adrian Wojnarowski (@wojespn) August 3, 2021
This gives the Pels more shooting, which is exactly what they need around Zion Williamson. Graham shot better than 37% from 3 the past two seasons.
CORY JOSEPH STAYING IN DETROIT
Yahoo Sources: Detroit Pistons to add veteran to roster with an agreement from free agent Cory Joseph. https://t.co/0hORmXBzGT
— Chris Haynes (@ChrisBHaynes) August 3, 2021
Joseph was traded to Detroit during the season. The Pistons are putting together an interesting team of young players mixed with veterans here.
KELLY OLYNYK GOES TO DETROIT TOO
Free agent Kelly Olynyk has agreed to a three-year, $37M deal with the Detroit Pistons, his agent Jeff Schwartz of @excelbasketball tells ESPN.
— Adrian Wojnarowski (@wojespn) August 2, 2021
I'm very curious about this mix in Detroit. They seem to think some of these veteran guys supporting Cade Cunningham and their young core will help bring things along faster.
TREY LYLES ALSO GOES TO DETROIT
Free agent forward Trey Lyles has reached an agreement with the Detroit Pistons on a two-year, $5 million deal, CEO @RichPaul4 of @KlutchSports tells @YahooSports.
— Chris Haynes (@ChrisBHaynes) August 3, 2021
This is more in Boston's price range. Lyles could have been a stretch-4 option.
REGGIE BULLOCK JOINS MAVERICKS
Free agent swingman Reggie Bullock has agreed to a three-year, $30.5 million deal with the Dallas Mavericks, his agent David Bauman of @ISEBasketball tells @TheAthletic @Stadium.
— Shams Charania (@ShamsCharania) August 3, 2021
Bullock was on Boston's radar but he was very clearly out of their price range. The Knicks get an important shooter and maybe more of the player they hoped Josh Richardson could have been.
DERRICK ROSE RETURNS TO NEW YORK
Free agent G Derrick Rose has agreed to a three-year, $43M deal to return to the New York Knicks, source tells ESPN.
— Adrian Wojnarowski (@wojespn) August 3, 2021
Rose was an important pickup for the Knicks in terms of powering their push for the playoffs. He's a favorite of head coach Tom Thibodeau, so him staying made sense for everyone.
NIC BATUM STAYING WITH CLIPPERS
Free agent Nicolas Batum has agreed to a two-year deal to return to the Los Angeles Clippers, sources tell @TheAthletic @Stadium.
— Shams Charania (@ShamsCharania) August 3, 2021
Batum seemingly turned down more lucrative offers to go with the team that resurrected his career. He was a salary dump for the Charlotte Hornets and now he's a useful player again.
BOBBY PORTIS STAYING WITH MILWAUKEE BUCKS
Free agent Bobby Portis has agreed to a two-year, $9 million deal to return to the Milwaukee Bucks, with a second year player option, sources tell @TheAthletic @Stadium.
— Shams Charania (@ShamsCharania) August 2, 2021
Portis enjoyed a renaissance with the Bucks, won a ring, and became a fan favorite in the process. Of course he wants to soak that up some more.
DOUG MCDERMOTT GOING TO SAN ANTONIO
McDermott's agent, Mark Bartelstein of @PrioritySports, confirms McDermott to San Antonio for 3 years, $42M. Reported it first on TV. https://t.co/12LRliE8wG
— Zach Lowe (@ZachLowe_NBA) August 2, 2021
Dougie McBuckets was rumored to be in the deal Indiana offered for Gordon Hayward. It would have been interesting to see if Boston would have matched this deal had they traded for him. I doubt it.
SEMI OJELEYE GOES TO MILWAUKEE
Free agent F Semi Ojeleye has agreed to a one-year deal with the Milwaukee Bucks, his agent Sean Kennedy of @excelbasketball tells ESPN.
— Adrian Wojnarowski (@wojespn) August 3, 2021
They're hoping he can fill PJ Tucker's shoes ... or at least compete for that opportunity. Good luck, Semi.
