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NBA Free Agency 2016: Live Updates, Rumors, and Signings for July 6

Jared JohnsonJul 6, 2016
Welcome to Wednesday's Bleacher Report NBA free-agency live blog. Keep it locked here for the latest news, rumors and expert speculation.
Here is a rundown of the deals that have taken place today:
  • According to The Vertical's Adrian Wojnarowski, Dwyane Wade has informed the Chicago Bulls he will be signing with the team. Vincent Goodwill of CSN Chicago said the contract is worth $47.5 million over two years.
  • Subsequently, per K.C. Johnson of the Chicago Tribune, the Bulls have moved Mike Dunleavy to the Cleveland Cavaliers.
  • Chicago has also agreed to trade Jose Calderon to the Los Angeles Lakers, Wojnarowski reports. The Lakers will receive two future second-round draft picks for absorbing Calderon's salary, per Mike Bresnahan of TWC SportsNet.
  • Nene is heading to the Houston Rockets on a one-year, $2.9 million deal, according to Wojnarowski.
  • The New Orleans Pelicans are nearing a deal with Langston Galloway, per ESPN's Marc Stein.
  • Brandon Rush has agreed to sign with the Minnesota Timberwolves on a one-year deal for $3.9 million, per Stein.
  • The Dallas Mavericks have sent Jeremy Evans and cash to the Indiana Pacers to clear cap space, per Wojnarowski.
  • The Charlotte Hornets are bringing back Brian Roberts for next season on a veteran minimum contract, per Rick Bonnell of the Charlotte Observer.
  • Richard Jefferson has announced he's signing a two-year deal to stay in Cleveland (h/t Rachel Nichols, ESPN). According to Chris Mannix of The Vertical, the contract pays $5 million.
  • Per Wojnarowski, Leandro Barbosa is returning to the Phoenix Suns on a two-year, $8 million deal. Barbosa played for Phoenix from 2003-2010.
Please reference B/R's free-agency big board, where you can find the best available players on the market and refresh your memory on who has agreed to sign where.
OK, let's get to it.