NBA Free Agency 2016: Live Updates, Rumors, and Signings for July 8

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:

• According to The Vertical's Adrian Wojnarowski, the Heat have agreed to a one-year deal with Derrick Williams worth $5 million.
• Utah Jazz officially announce the signing of Joe Johnson. According to Spotrac, it is a two-year deal worth $22 million. 
• James Michael McAdoo has re-signed with the Golden State Warriors on a one-year deal, according to Marc J. Spears of The Undefeated. 
• The Jazz officially announce the acquisition of Boris Diaw and a 2022 second-round draft pick from San Antonio in exchange for the rights to Olivier Hanlan. 
• Minnesota Timberwolves officially announce the signing of Brandon Rush. Terms of the deal were not officially released, but ESPN's Marc Stein has reported it is a one-year deal for $3.5 million. 
• The New York Knicks renounced the free agent rights to Derrick Williams according to ESPN.com's Ian Begley. Williams becomes an unrestricted free agent.
• According to Wojnarowski, the Los Angeles Clippers have reached an agreement with Marreese Speights on a deal. ESPN's Zach Lowe adds that the contract will be for the veteran minimum. 
• The Portland Trail Blazers officially announced the signing of Festus Ezeli on a two-year contract. 
• Restricted free agent Allen Crabbe has signed a four-year deal with the Brooklyn Nets worth $75 million, according to The Vertical's Adrian Wojnarowski. The Portland Trail Blazers have three days to match. 
• The Dallas Mavericks have waived JaVale McGee, per Tim MacMahon of ESPN.

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