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. The deal solidifies the 22-year-old Australian as the franchise’s long-term cornerstone at point guard, less than a year after Chicago acquired him from the Oklahoma City Thunder in exchange for Alex Caruso.

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.

The Orlando Magic and Lester Quinones have agreed to an Exhibit 10 deal. Quinones will compete for a roster or two-way spot, coming off three NBA seasons and an impressive 2024-25 showing in the G League.

Luka Doncic’s midseason move from Dallas to Los Angeles stunned the NBA. Six months later, the shock has been replaced with certainty, as the 26-year-old guard signed a three-year, $165 million extension with the Lakers on the first day he was eligible.

The Boston Celtics have signed Chris Boucher to a fully guaranteed one-year, $3.3 million deal. Boucher averaged 10.0 points and 4.5 rebounds last season and is likely to have a significant role in the frontcourt as Jayson Tatum recovers from a torn Achilles.

The Cavaliers made a low-key but impactful move by acquiring Lonzo Ball from the Bulls, but with his injury history, the team is discussing resting him during back-to-backs to ensure he’s available for a playoff run.

LeBron James Jr. “Bronny James” is approaching a critical moment in his young NBA career. After a rookie season with flashes of promise, the former USC Trojans guard is preparing to take another step forward in 2025. But as he gears up for year two, attention is turning back to comments made last fall by someone outside the usual basketball circles, former President Barack Obama.

Los Angeles Lakers star guard Luka Doncic has agreed to a three-year, $165 million maximum contract extension, which includes a player option for 2028. The new deal removes his 2026–27 player option and takes him off the free agent market for next summer.

The Knicks and Mikal Bridges have agreed to a four-year, $150 million extension, including a player option and trade kicker. The team now has six core players locked in as they continue their push for a championship.

Three-time All-Star Bradley Beal has agreed to a buyout with the Phoenix Suns and is planning to sign with the Los Angeles Clippers on a two-year, $11 million deal, including a player option, upon clearing waivers, according to ESPN’s Shams Charania.

The Dallas Mavericks are shutting down Cooper Flagg for the rest of summer league play after just two games, according to longtime NBA reporter Marc Stein.