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2021 NBA Free Agency: Top Players and Latest Salary-Cap Info for Each Team

Philip LindseyMay 2, 2021

This summer, the NBA will be ready to return to some semblance of normalcy after another unorthodox season. As of today, the playoffs are just three weeks away, and the play-in tournament starts on Tuesday, May 18.

Soon, the conference brackets will be set, leaving the teams on the outside looking in to prepare a course of action for this year's free agency. The playoffs will be more competitive than many fans may have expected, but next season will be even more interesting because the teams will have to contend with another shortened offseason.

However, many teams don't have the available cap space to make a big splash in a free-agent market devoid of high-profile superstars. The New York Knicks will be able to create enough to become a plausible destination, especially after a strong season. Still, the latest crop of unrestricted free agents won't be as appealing as some expected if Kawhi Leonard and Chris Paul decide to opt-in to their respective contracts.

The NBA draft and upcoming free agency won't start until Monday, Aug. 2, but it's not too early to take a look at the top players available and the projected cap space for every team.

All cap figures and player statuses came from Spotrac. There is a full list of pending free agents here.

Top Players Eligible for Free Agency

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DeMar DeRozan, SG, San Antonio Spurs

DeMar DeRozan has been one of the few bright spots on a young Spurs team that will continue to rebuild next year. The 6'6" guard is a great finisher at the basket and one of the few exceptional mid-range shooters left in the league. Even more, he has improved as a playmaker, averaging 7.4 assists per game. DeRozan has played well enough this season to receive a big max deal, and he has even proved he can be a leader.

Mike Conley, PG, Utah Jazz

Mike Conley would be a solid option for any team looking for a veteran point guard. The 33-year-old is a decent three-point shooter, averaging 40.7 percent from behind the arc. He can also score well in the paint, run the offense and contribute well on the defense. Although Conley is currently dealing with a hamstring injury, this offseason will be the last time he will be able to demand a blockbuster deal.

Victor Oladipo, SG, Miami Heat

Victor Oladipo has had a tough few years since he forced LeBron James and the Cleveland Cavaliers to seven games series in the first round of the 2018 NBA playoffs. Ever since, a string of injuries has hampered his chances of cementing himself as a consistent all-star. The 28-year-old recently reaggravated his quad injury, and he has already been traded twice this year. However, the Heat guard is still young, and he has a lot of potential for teams looking for a capable scorer.

Other Notable Unrestricted Free Agents

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Kyle Lowry, PG, Toronto Raptors
Andre Drummond, C, Los Angeles Lakers
Dennis Schroder, PG, Los Angeles Lakers
Paul Millsap, PF, Denver Nuggets
Derrick Rose, PG, New York Knicks
Richaun Holmes, PF, Sacramento Kings
Tim Hardaway Jr, SG, Dallas Mavericks
Evan Fournier, SG, Boston Celtics
Kelly Oubre Jr., SF, Golden State Warriors
Lou Williams, SG, Atlanta Hawks

Many of the most touted names like Jayson Tatum or Donovan Mitchell have already signed max contracts. But John Collins, Jarrett Allen, Lonzo Ball, Lauri Markkanen and Duncan Robinson are all restricted free agents to keep an eye on this summer. 

There are also a host of unrestricted free agents who could be a suitable addition to teams looking to bolster their lineups next season. If the Lakers can salvage their playoff push this year, it will be interesting to see where Drummond and Schroder will land. Similarly, The Knick's resurgence in the East could make Rose a hot commodity as his leadership and scoring have helped the team tremendously. Meanwhile, Fournier and Williams could feasibly make the jump to an organization hoping to compete for a championship.

Lowry has to be one of the biggest names among the point guards who will be available this summer, but it's hard to tell where he will end up. The 35-year-old may have possibly signed his last max contract with the Raptors, and this seems like the end of his tenure in Toronto. Nevertheless, he could still steady playmaking and playoff experience will entice someone to sign him. 

Projected Salary-Cap Space for Each Team

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New York Knicks: $711,771

Washington Wizards: $-7,894,803

Indiana Pacers: $-9,079,757

Los Angeles Lakers: $-9,491,317

Memphis Grizzlies: $-11,088,167

Phoenix Suns: $-12,414,121

Portland Trail Blazers: $-14,724,135

Denver Nuggets: $-15,032,670

Philadelphia 76ers: $-16,745,671

Cleveland Cavaliers: $-16,831,704

Minnesota Timberwolves: $-18,850,717

Utah Jazz: $-20,870,545

Boston Celtics: $-22,128,603

Sacramento Kings: $-26,087,225

Detroit Pistons: $-27,414,486

Milwaukee Bucks: $-32,983,667

San Antonio Spurs: $-34,803,238

Dallas Mavericks: $-35,349,751

Los Angeles Clippers: $-36,411,248

Charlotte Hornets: $-36,678,582

Oklahoma City Thunder: $-37,293,665

Golden State Warriors: $-51,385,789

Brooklyn Nets: $-55,824,236

Chicago Bulls: $-59,888,605

Atlanta Hawks: $-60,358,493

Toronto Raptors: $-63,393,498

New Orleans Pelicans: $-65,338,898

Houston Rockets: $-71,936,461

Orlando Magic: $-72,513,700

Miami Heat: $-102,797,761

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