Overview

• The market opened at midnight Italian time, triggering a rush of multi-year extensions including James Harden’s two-year, $81.5 million deal with the Clippers and Julius Randle’s three-year, $100 million pact with the Timberwolves.
• Houston completed its acquisition of Kevin Durant from Phoenix and swiftly added veterans Dorian Finney-Smith and Clint Capela to its revamped roster.
• Deandre Ayton agreed to a buyout with the Portland Trail Blazers and entered unrestricted free agency as teams target his next destination.
• Charlotte traded center Jusuf Nurkic to the Utah Jazz for guard Collin Sexton and a future second-round pick, while Cleveland acquired Lonzo Ball in exchange for Isaac Okoro.
• Additional free-agent signings and formal trade ratifications are expected once the new league year begins on July 6.