NBA Free Agency 2016: Live Updates, Rumors and Signings for July 1

Welcome to Friday's Bleacher Report NBA free-agency live blog. Keep it locked here for the latest news, rumors and expert speculation.

Here's a recap of the deals that are in place so far:

• USA Today's Sam Amick wrote, "DeMar DeRozan has decided to re-sign with the Toronto Raptors...." He later revealed that the deal is for approximately $145 million over five years.
• Bradley Beal and the Wizards are close to securing a five-year, $128 million max deal, per The Vertical's Adrian Wojnarowski.
• The Knicks and Joakim Noah are "nearing agreement" on a deal that would earn Noah $72 million over four years, per ESPN's Chris Broussard.
• The Lakers and Timofey Mozgov are working out the framework of a four-year, $64 million deal, per Wojnarowski.
• The Hornets have reached a five-year, $120 million deal with forward Nicolas Batum, per Shams Charania.
• The Lakers have agreed to a four-year, $50 million deal with their emerging shooting guard, Jordan Clarkson, per Charania.
• The Magic have a new backup point guard in D.J. Augustin, per Woj. According to Broussard, the deal is worth $29 million over four years.
• Speaking of backup point guards, according to Rod Beard of the Detroit News, the Pistons have reached a three-year deal with Ish Smith. The deal will pay Smith $18 million, per Keith Pompey of the Philly Inquirer.
• The Pistons are closing in on a deal in the neighborhood of five years and $130 million to retain Andre Drummond, per ESPN's Marc Stein.
• Jeremy Lin let the cat out of the bag on his own deal, tweeting he's headed to the Brooklyn Nets. Woj provided the contract details: three years, $36 million.
• The Indiana Pacers have added Al Jefferson for $30 million over three years, according to Woj.
• Per multiple reports, the NBA has "dismissed and disqualified" O.J. Mayo from the NBA for violating the league's anti-drug policy. He'll be eligible to apply for reinstatement in two years.
• According to the AP's Jon Krawczynski, the 76ers have come to terms with Jerryd Bayless for $27 million over three years.
• Mirza Teletovic is headed to the Milwaukee Bucks on a three-year, $30 million contract, per Stein.
• ESPN's Tim McMahon reported that Chandler Parsons is headed to the Memphis Grizzlies. Woj has it as a four-year max at $94 million.
• Per Woj, Evan Turner is headed to the Portland Trail Blazers on a four-year, $75 million deal.
• Evan Fournier has re-signed with the Orlando Magic for $85 million over five years, according to ESPN's Marc Spears.
• According to ESPN's Zach Lowe, the Milwaukee Bucks have added point guard Matthew Dellavedova for $38 million over four years.
• The Advocate's Scott Kushner is reporting that the New Orleans Pelicans have reached an agreement with Solomon Hill. Woj is reporting the terms as four years and $52 million.
• Jeff Green has accepted a one-year, $15 million contract from the Magic, per USA Today's Jeff Zillgitt.
• Charania broke the news that Dwight Howard is headed to Atlanta Hawks on a three-year, $70.5 million deal.
• According to Stein, Mike Conley and the Grizzlies have "agreed in principle" on the largest contract in league history, five years for $153 million.
• Darrell Arthur plans to ink a three-year deal worth $23 million to stay with the Denver Nuggets, per Chris Dempsey of the Denver Post.
• Kushner reported the Pelicans have nabbed E'Twaun Moore for $34 million over four years.
• Jared Dudley has accepted a three-year, $30 million contract to join the Phoenix Suns, according to Woj.
• Per ESPN's Brian Windhorst, Atlanta has retained Kent Bazemore on a four-year deal worth $70 million. Charania added Bazemore holds a player option for the final season.
• The Utah Jazz have added Joe Johnson on a two-year, $22 million contract, according to TNT's David Aldridge.

Please see our free-agency big board, where you can find the best available players on the market.