NBA free agency is underway, and after a week, some notable names remain unsigned. That includes Jonathan Kuminga and Josh Giddey, who are both restricted free agents this summer.

The NBA announced that the salary cap has been set at $154.647 million for the 2025-26 season, while the tax level is $187.895 million. The first apron level is set at $195.945 million, and the second apron level is $207.824 million. The salary cap and tax level went into effect at 12:01 a.m. ET on Tuesday.

The Heat landed Norman Powell, and the Clippers finally got a power forward as John Collins arrives from Utah. Here’s the full scope of the trade, as reported by ESPN insider Shams Charania. Jazz get: Kevin Love, Kyle Anderson, Clippers’ 2027 second-round pick

Miami is getting an underrated perimeter scorer and shooter in Powell. He played 60 games for the Clippers last season, averaging 21.8 points per game to go along with 3.2 rebounds, 2.1 assists, and 1.2 steals. Powell also shot 48.4 percent from the floor and 41.8 percent from three-point range.

Team Trade