Signings, players available, cap space and more

There have been fireworks early and often in 2023 NBA free agency.

In the opening hour of the negotiating period on Friday, NBA teams committed a reported $1.02 billion in total salaries, according to Sportsnet. And the deals have kept coming since.

Kyrie Irving, Draymond Green, Khris Middleton, Jerami Grant and Kyle Kuzma all agreed to re-sign with their respective teams on big-money deals. Fred VanVleet and Bruce Brown, on the other hand, left for major paydays elsewhere.

Those are just some of the free agents that have secured a new contract so far. From the signings to the players who are still available and more, here’s what to know about NBA free agency.

When does NBA free agency 2023 start?

Free agency began on Friday, June 30, at 6 p.m. ET. At this time, teams were officially allowed to begin negotiating terms with players on the market in hopes of striking a deal. Deals can’t be officially signed until Thursday, July 6 at 12:01 p.m. ET.

What is the NBA salary cap in 2023-24?

The NBA reportedly said the league salary cap for the 2023-24 season is projected to be $136 million with the luxury tax to be $165 million, according to ESPN. The salary cap for 2022-23 was $123.655 million.

Which NBA teams have the most cap space in 2023-24?

As of 10:30 p.m. ET on Friday, the San Antonio Spurs held the most projected practical cap space at $27.3 million, according to Spotrac. Here’s a look at the teams that still have some projected practical space under the cap:

  1. San Antonio Spurs: $27,298,178

  2. Utah Jazz: $25,088,675

  3. Houston Rockets: $20,834,287

  4. Oklahoma City Thunder: $16,626,285

  5. Indiana Pacers: $14,346,703

  6. Orlando Magic: $13,193,449

  7. Detroit Pistons: $9,014,662

Who are the best NBA free agents in 2023?

Here is a tracker of key free agents available with live updates of the new contracts they land as details emerge:

Point guards:

Shooting guards:

Small forwards:

Power forwards:


  • Brook Lopez, Milwaukee Bucks (UFA)

  • Nikola Vucevic, Chicago Bulls (UFA): Re-signed on a three-year, $60 million deal

  • Jakob Poeltl, Toronto Raptors (UFA): Agreed to re-sign on a four-year, $80 million deal with a player option in Year 4

  • Naz Reid, Minnesota Timberwolves (UFA): Re-signed for three years, $42 million

  • Christian Wood, Dallas Mavericks (UFA)

  • Paul Reed, Philadelphia 76ers (RFA)

  • Jock Landale, Phoenix Suns (UFA)

  • Kevin Love, Miami Heat (UFA): Agreed to re-sign on a two-year deal with a player option in Year 2

  • Xavier Tillman, Memphis Grizzlies (Team option)

  • Mo Wagner, Orlando Magic (UFA)

  • Jock Landale, Phoenix Suns (RFA)

  • Mason Plumlee, LA Clippers (UFA)

  • Dwight Powell, Dallas Mavericks (UFA)

  • Alex Len, Sacramento Kings (UFA)

  • Thomas Bryant, Denver Nuggets (UFA)

  • Andre Drummond, Chicago Bulls (UFA)

  • Drew Eubanks, Portland Trail Blazers (UFA): Agreed with the Suns on a two-year deal with a player option in Year 2

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