The Miami Heat are bringing back a familiar face. Forward/center Precious Achiuwa has agreed to a one-year contract with the franchise that originally drafted him in 2020, Shams Charania told ESPN.

Houston Rockets guard Fred VanVleet suffered a torn ACL during an offseason workout and is expected to miss the entire 2025–26 season. VanVleet, who signed a two-year, $50 million extension in June, has been a key piece in Houston’s turnaround since 2023.

Miami Heat guard Tyler Herro will undergo left foot surgery and miss the start of the 2025-26 season after battling injuries. The All-Star is coming off a career year, averaging 23.9 points, 5.5 assists, and 5.2 rebounds.

Josh Giddey, one of the NBA’s brightest young guards, has agreed to a four-year, $100 million contract to remain with the Chicago Bulls, his agent Daniel Moldovan of Lighthouse Sports Management told ESPN on Tuesday.

Ben Simmons rejected a one-year, veteran minimum contract from the New York Knicks, leaving the team still with an open roster spot as training camp approaches. Retirement rumors continue to surround Simmons as he weighs his decision.

Cam Thomas is returning to the Brooklyn Nets on a one-year, $6 million qualifying offer, giving him a no-trade clause and positioning him for unrestricted free agency next summer. Over the past two seasons, Thomas has averaged 22.9 points per game, including nine 40-point games — the fourth most in Nets history.