2026 NBA Rumors Live Updates with Latest News, Free Agency Buzz and Grades

The Houston Rockets have traded veteran forward Dorian Finney-Smith and three second-round picks to the Charlotte Hornets in a salary-shedding move, per ESPN's Shams Charania.

Finney-Smith is in the second season of a four-year, $52.7 million deal he signed with the Rockets last season. The last two years are non-guaranteed, however, so the Hornets are just on the books for $13.3 million this season.

Per ESPN's Bobby Marks, the second-round picks going to the Hornets include a 2027 from the Memphis Grizzlies (which could be 31st overall!) and 2028 and 2033 selections from Houston.

For the Rockets, this move opens up the full $15 million non-taxpayer mid-level exception, with about $6 million projected to go to Marcus Smart. It saves Houston $20 million in payroll and luxury tax and creates a $13.3 million trade exception they can use to absorb a player for the next year.

Finney-Smith was bad last year (3.3 points, 2.5 rebounds, 27.0 percent from three) but is only 33 and could be a trade candidate for contenders eyeing 3-and-D wings with size.

The Hornets sacrificed most of their mid-level exception by bringing Finney-Smith in, but retained a full $40.7 million trade exception from the LaMelo Ball deal.

This was ultimately a failed experiment for Houston, who now have to lick their wounds following a bad 2025 summer signing.

Grade for Rockets: D+

Grade for Hornets: A

The lack of trade value for Jaylen Brown shocked the NBA, as the five-time All-Star and 2024 FInals MVP was moved for 36-year-old Paul George (who's set to make $54.1 million this season) and draft picks.

Per Sam Amick and Jay King of The Athletic, one NBA general manager didn't think Brown was a top-50 player in the league, however.

After a season where he averaged 28.7 points, 6.9 rebounds, 5.1 assists and led the Boston Celtics to the No. 2 seed in the East, Bleacher Report had Brown pegged as the 12th-best player in the association, with no writer ranking him lower than 18th overall.

The Detroit Pistons are bringing back Javonte Green on a one-year deal worth slightly over the veteran minimum.

Green was a steady reserve wing for Detroit last season, the team's only player to appear in all 82 games. The 32-year-old made a career-high 38.1 percent of his threes and put up 6.9 points and 2.8 rebounds in 17.6 minutes.

This is a low-risk deal and the money isn't a problem, although Green is now taking up the Pistons' final roster spot for a team that still hasn't re-signed Jalen Duren or made any significant moves. John Collins was brought in at power forward to replace Tobias Harris, although that's hardly much of an upgrade.

The Pistons will need to pull off some sort of a trade now just to open up a roster spot for Duren.

Green is fine, although it's fair to question Detroit's big-picture plan.

Grade for Pistons: B-

No team has improved their roster and future more than the Philadelphia 76ers this summer, a team that now has the attention of LeBron James.

With a front office now led by former Golden State Warriors general manager Bob Myers and Mike Gansey, who worked for the Cleveland Cavaliers in James' second stint with the team who played high school basketball in Northeast Ohio against him, the 76ers have become an attractive destination.

Trading Paul George and his albatross contract for Jaylen Brown was obviously the biggest move, yet Dean Wade was a perfect free agent signing with his defense and floor-spacing. Anfernee Simons is a great sixth man and scoring guard to bring in off the bench.

James' agent Rich Paul now has Philly included in the top-five teams for his services. The 76ers have one roster spot and a veteran minimum contract available.

The Golden State Warriors have seemingly been a prime destination for LeBron James in free agency, with Draymond Green turning down his $27.7 million player option in order to give the organization more financial flexibility.

The relationship with Stephen Curry from their Olympic run together and the Klutch ties with Green and Anthony Davis, who the Warriors were reportedly pursuing via trade, all made the Warriors a logical destination.

According to ESPN's Shams Charania, however, Golden State isn't looked at as being at the top of James' list unless they can pull off a trade for Davis, James' former teammate with the Los Angeles Lakers.

Neemias Queta was one of the best surprises of the NBA season, earning a starting role with the Boston Celtics while averaging 10.2 points, 8.4 rebounds, 1.3 blocks and shooting 65.3 percent overall.

He now lands a four-year, $56 million extension from the Celtics with Boston also picking up his $2.7 million team option for 2026-27.

That's an average salary of $11.74 million over the next five years for Queta, who turns 27 later this month.

Both sides should be very happy with this deal.

Quetta had accumulated about $7 million in his NBA career thus far, starting on two-way contracts. Adding $56 million is truly life changing.

For Boston, the center position is now secure for years to come between Queta and Mitchell Robinson, who signed a three-year, $47.3 million contract with the Celtics in free agency.

No matter who ends up starting, Boston only has about $27 million-ish invested into the center position between two starting-caliber options. That's good value overall.

Grade for Celtics: A-

LeBron James' agent Rich Paul has certainly pulled back the curtain, giving us his personal whiteboard of his client's free agency potential destinations.

The Cleveland Cavaliers, Miami Heat, Philadelphia 76ers, Denver Nuggets and Minnesota Timberwolves are the five organizations at the center of the board, with the Golden State Warriors, Dallas Mavericks, Boston Celtics, New York Knicks and San Antonio Spurs in the outer circle.

The biggest surprise of the board is the Warriors not being in James' top-5 teams, which only includes the names Stephen Curry and Draymond Green while excluding Jimmy Butler, who's recovering from a torn ACL and has been in trade rumors for Anthony Davis.

LeBron James would have signed with the New York Knicks in free agency this summer had they not won the 2026 title, agent Rich Paul stated on Game Over with Max Kellerman and Rich Paul.

"The last thing you want to do is mess up something like that. The Knicks has a good thing going. If the Knicks hadn't of won, there would be no board. He'd be going to the Knicks," Paul said.

Paul notes that New York has "checked in" on James in free agency, although it doesn't appear that the four-time MVP will be going to Madison Square Garden, the place James has referred to as "his favorite playground" in the past.