NEW YORK (Reuters) -The dollar fell on Monday after Federal Reserve policy maker Michelle Bowman said the U.S. central bank should consider interest rate cuts soon, and on rising expectations that Iran’s response to the U.S. bombing of some nuclear sites in Iran will be limited.
Bowman, the Fed’s vice chair for supervision, said the time to cut interest rates may be fast approaching as she has grown more worried about risks to the job market and less concerned that tariffs will cause an inflation problem.
“Bowman is a well-known hawk, so any indication that she’s giving as to moving towards easing and lower interest rates is going to put the dollar on the back foot,” said Helen Given, director of trading at Monex USA in Washington.
Fed funds futures are now pricing in 58 basis points of cuts this year, indicating expectations that two 25 basis points in cuts are certain, with a rising chance of a third reduction.
Traders raised bets on more rate cuts after Fed Governor Christopher Waller said on Friday that the U.S. central bank should consider cutting rates at its next meeting, on July 29-30. They were pricing in 46 basis points of cuts this year before Waller’s comments.
Chicago Fed President Austan Goolsbee also said on Monday that thus far the surge in tariffs has had a more modest impact on the economy relative to what was expected.
The dollar was boosted by the Fed’s “hawkish hold” on Wednesday, when the U.S. central bank left interest rates unchanged while Chair Jerome Powell said policymakers expect inflation to rise over the summer due to the Trump administration’s tariffs.
Powell will testify before the U.S. Congress on Tuesday and Wednesday.
The dollar also came under pressure on Monday as it appeared more likely that Iran’s retaliation to the U.S. bombings would be limited.
“It doesn’t look like at the moment that Iran is going to get military support from Russia or China to retaliate,” said Given.
Iran’s military said it carried out a missile attack on the Al Udeid U.S. airbase in Qatar on Monday. Iran said the attack was “devastating and powerful,” but U.S. officials said no U.S. personnel were killed or injured.
The U.S. currency was lifted earlier as investors unwound riskier positions on concerns about an expanding conflict in the Middle East.
The dollar gains were largely due to traders unwinding trades that had used it as a funding currency, said Marc Chandler, chief market strategist at Bannockburn Global Forex in New York. These included trades betting on strength in riskier emerging market currencies.
If you’ve been itching to get a handheld, but the Switch 2 isn’t quite up your alley, now you can get your hands on a Steam Deck OLED. As spotted by @Wario64, Valve has started selling the device on its online store again after it was out of stock in the US and Canada for over a week.
Earlier this month, Valve cited “recent supply chain constraints” for the Steam Deck OLED’s unavailability, adding that it expects the device to come back in stock by the end of the summer. It looks like Valve may have resolved its supply chain issues — at least for now — as the 512GB Steam Deck OLED is currently on sale for $549, while the 1TB version is available for $649.
Both devices come with a 7.4-inch HDR OLED display, up to a 90Hz refresh rate, a carrying case, and battery life ranging from three to 12 hours, depending on content. The 1TB version adds a “premium anti-glare etched glass” display, a removable liner with the carrying case, and an exclusive startup screen and virtual keyboard theme. However, neither model includes the Steam Deck Docking Station, which is available separately for $79 (there are plenty of third-party options out there, too.)
But if you’re still holding out for a Switch 2, the $450 console has been popping up intermittently at retailers like Walmart, Target, and Best Buy.
Elsewhere, the New York Knicks are still looking for a head coach, and the Boston Celtics are trying to figure out how to navigate their roster now that Jayson Tatum will miss a good portion of next season.
Our NBA insiders will be tracking the latest signings, buzz, news and intel throughout the summer, so stay tuned as we report on the biggest moves that will shape the league.
4:15 p.m. ET: Milwaukee Bucks guard Pat Connaughton picked up a $9.4 million player option for the 2025-26 season, sources told ESPN’s Shams Charania.
June 17
10:30 a.m. ET:Kevin Durant wanted to go to the New York Knicks, Andscape’s Marc Spears reported on “NBA Today,” but the Knicks weren’t interested.
“The Knicks have no interest in bringing him in,” Spears said. “I think these three choices [the Miami Heat, San Antonio Spurs and Houston Rockets] are by default. He definitely doesn’t want to go to Minnesota, but I think there is some fear from him … they’re hoping there’s going to be some respect, at Kevin’s age, to give him what he wants.”
10 a.m. ET: The Miami Heat, San Antonio Spurs and Houston Rockets have not made offers for Kevin Durant to this point that the Phoenix Suns are excited about, ESPN’s Brian Windhorst said on “Get Up.” The Minnesota Timberwolves, who were aggressive in trying to land Durant at the deadline, remain in the mix.
“Minnesota, from what I understand, has been the most aggressive team in these trade talks,” Windhorst said, adding that the Raptors and Clippers are sleeper teams, too.
“Toronto is making the No. 9 pick in this draft, in addition to some players, available in multiple different scenarios, and I think the LA Clippers are lurking out there as well,” he said. “But I would say right now if I had to put a favorite, I definitely think Minnesota is the team that’s been the most aggressive.”
“[Kawhi Leonard] had a list of teams he preferred to go to,” Windhorst said of Leonard’s 2018 free agency. “He had one year left on his contract, and the Toronto Raptors were willing to roll the dice as a possible rental. And once again, you don’t see Toronto on Durant’s list, but the Raptors are one of the teams lurking out there, who may be willing to do this without knowing that they can keep Durant on an extension, and basically potentially be a rental.
“And I think there’s a couple others, including the Los Angeles Clippers, and potentially even the Minnesota Timberwolves. This is still wide open. Maybe Durant gets what he wants, maybe he has to accept something else.”
12:38 p.m. ET: Phoenix Suns forward Kevin Durant could be traded in the next “few days,” per ESPN’s Shams Charania on the Pat McAfee Show. Charania added that the Houston Rockets, Miami Heat and Minnesota Timberwolves have been the teams focused on a deal over the past 24 hours.
2:30 p.m. ET: Trade talks are beginning to heat up for Phoenix Suns forward Kevin Durant, per ESPN’s Shams Charania. Some teams are “are motivated to get this deal done sooner rather than later,” but the process could play out throughout the draft.
11 a.m. ET: The NBA offseason is going to “happen faster than normal,” ESPN’s Brian Windhorst said on First Take. A lot of action could happen near the NBA draft, rather than early free agency.
June 10
11:40 a.m. ET: The New York Knicks were denied talking to Jason Kidd about their open head coach position, ESPN’s Shams Charania reported. The Knicks were also denied permission to interview Houston Rockets coach Ime Udoka and the Minnesota Timberwolves coach Chris Finch.
10:40 a.m. ET: There is currently “no trade market” for Milwaukee Bucks star Giannis Antetokounmpo, because he “has not asked for [a trade]” and the Bucks “are not looking to trade him,” ESPN’s Brian Windhorst reported on Get Up. Please, visit our Homepageand Facebook page for latest news update
Erin Krakow, Ben Rosenbaum, When Calls the Heart Stars, Married. Love has taken over the town of Hope Valley.
When Calls the Heart costars Erin Krakowand Ben Rosenbaum surprised fans of the long-running Hallmark Channel series by announcing June 23 that they had tied the knot.
In the celebratory Instagram post, Erin—wearing a white satin wedding gown and tulle veil—stood alongside her husband in a lush green yard and smiled as she kissed Ben, who donned a brown suit over a white button-down shirt. The pair simply captioned the joint post with an infinity symbol.
Following the news, the couple’s costars Kevin McGarry and Kayla Wallace—who, themselves, found love on set and confirmed their marriage in September—sounded off with celebrations in the comments.
“Beautiful pictures, beautiful friends, beautiful husband and wife,” Kevin wrote, while Kayla shared, “I’m still crying. My favourite pairing!”
Though Erin has mostly kept her relationship with Ben out of the spotlight, she has featured a few glimpses of their love story on her social media. In March 2024, she celebrated Ben’s birthday with a carousel of selfies with him and captioned the Instagram post, “Happy birthday @ben_rosenbaum! You mean the [world] to me!” Please, visit our Homepageand Facebook Page for read news update.
Florida building a detention centre – dubbed the ‘Alligator Alcatraz’ – to temporarily hold migrants on an air strip in the Everglades.
Department of Homeland Security Secretary Kristi Noem said the facility would be funded “in large part” by the Federal Emergency Management Agency’s shelter and services programme, which was previously used to provide accommodation and other aid for undocumented migrants.
The plan has been criticised by several lawmakers, including the mayor of Miami-Dade County, who argued it could be environmentally “devastating”.
The proposal comes as Trump tries to deliver on a campaign pledge to ramp up deportations of illegal migrants.
“Under President Trump’s leadership, we are working at turbo speed on cost-effective and innovative ways to deliver on the American people’s mandate for mass deportations of criminal illegal aliens,” Noem said in a statement.
“We will expand facilities and bed space in just days, thanks to our partnership with Florida.”
The facility is to be built on the site of the Dade-Collier Training and Transition Airport, a public airport around 58km (36 miles) from Miami. It will cost about $450m (£332m) a year to run.
In a video posted on X, Florida’s Attorney General James Uthmeier called the airport a “virtually abandoned facility”.
He said the detention centre could be built in 30 to 60 days and hold an estimated 1,000 people.
He argued the location acted as a natural deterrent for escapees.
Uthmeier said in the video: “[If] people, get out, there’s not much waiting for them other than alligators and pythons. Nowhere to go, nowhere to hide.”
The mayor of Miami-Dade County, Daniela Levine Cava, a Democrat, criticised the plan, saying “the impacts to the Everglades ecosystem could be devastating”.
The Florida Everglades are a unique environmental region comprising marshes, prairies, forests, mangroves and estuaries. Uthmeier said the facility would not be located within Everglades National Park. Please, visit our Homepageand Facebook page for read latest news update.
“Israel & Iran came to me, almost simultaneously, and said, ‘PEACE!’ I knew the time was NOW. The World, and the Middle East, are the real WINNERS! Both Nations will see tremendous LOVE, PEACE, AND PROSPERITY in their futures,” Trump said on Truth Social on Monday.
“They have so much to gain, and yet, so much to lose if they stray from the road of RIGHTEOUSNESS & TRUTH. The future for Israel & Iran is UNLIMITED, & filled with great PROMISE. GOD BLESS YOU BOTH!”
Trump earlier Monday, when announcing the parameters of a ceasefire between Israel and Iran, did not outline how the ceasefire was agreed to, and which other countries were involved in negotiations between Israel and Iran.
The post from Trump also follows U.S strikes on Iran over the weekend that came after more than a week of conflict between Israel and Iran. Tension in the Middle East was already high when the conflict broke out, due to Israel’s war in Gaza and Iran’s nuclear capability.
Iran said it paused attacks on Israel Monday, but also stated it had not come to a “final decision” on a ceasefire.
“As Iran has repeatedly made clear: Israel launched war on Iran, not the other way around,” Iranian Foreign Minister Abbas Araghchi said in a post on the social platform X Monday evening. ”As of now, there is NO ‘agreement’ on any ceasefire or cessation of military operations.”
“However, provided that the Israeli regime stops its illegal aggression against the Iranian people no later than 4 am Tehran time, we have no intention to continue our response afterwards. The final decision on the cessation of our military operations will be made later,” he added. Please, visit our Homapageand Facebook page for read news update.
If you missed the chance to pick up Nintendo’s new GameCube Controller for the Switch 2, your time has come. It’s back in stock for $64.99 at the My Nintendo Store. To add one to your collection, you’ll need to have a Nintendo Switch Online subscription, which starts at $19.99 a year for individuals. Once signed up, you can place an order by signing into your Nintendo Account and adding the gamepad to your cart, though you’re still limited to one controller per account.
As fun as it’s been playing Mario Kart World and the updated versions of The Legend of Zelda: Breath of the Wild and Tears of the Kingdom on the Switch 2, I’ve been enjoying catching up on GameCube titles available through the Nintendo Switch Online Expansion Pack. The controller provides a genuine experience when playing classic titles like Wind Waker and Soulcalibur II, with some notable upgrades.
The biggest change is the addition of wireless connectivity, so you’re not tethered by a short cable. It also has Nintendo’s “C” button for opening up GameChat, a new Discord-like voice chat feature that’s free until March 31st, 2026. And if you like taking screenshots, the controller has a dedicated capture button, allowing you to document your first-place finishes in Mario Kart World.
Although it works best with GameCube titles, you can also use the controller to play Switch 2 games, complete with gyro controls. However, Nintendo warns that the GameCube Controller “doesn’t have all the buttons and features found in other controllers that can be used with the Nintendo Switch 2 system,” which means you may run into some issues when playing games on the new system.
Tim Bontemps is a senior NBA writer for ESPN.com who covers the league and what’s impacting it on and off the court, including trade deadline intel, expansion and his MVP Straw Polls. You can find Tim alongside Brian Windhorst and Tim MacMahon on The Hoop Collective podcast.
The Oklahoma City Thunder won their first championship Sunday night, beating the Indiana Pacers in Game 7 of the NBA Finals to become the seventh straight new titleholder in a record-setting era of parity in the league.
Only time will tell if that milestone number stretches to eight next year or if OKC is about to become the league’s next dynastic force. What is certain is that the Thunder’s victory officially puts a bow on the 2024-25 NBA season. As a result, the chase to catch the champs is officially on.
To set up what portends to be a massive offseason in the NBA, we took a holistic look at where all 30 teams stand in their pursuit of a crown and the biggest questions each faces this summer.
To do so, we divided the 30 franchises into 10 tiers. We started with the true title contenders and ended with the teams facing what the Thunder themselves faced just four years ago: the throes of a full rebuild.
(Note: Teams are organized alphabetically within each tier, and the projected salary cap space for each comes via ESPN’s Bobby Marks.)
Total players under contract: 15 Projected salary cap space: None Total tradable picks: 10 first-round picks, 17 second-round picks
Oklahoma City has an embarrassment of riches. Not only did the Thunder just win their first title with a roster featuring no players older than 31 and only two older than 27. They also have 15 players under contract, with two more first-round picks coming in this year’s draft, meaning they will have to create some roster room this summer. Meanwhile, Oklahoma City secured the Larry O’Brien Trophy without paying the luxury tax, and it won’t be paying the tax next season, either. This will allow the Thunder to sock away savings for the future as the roster begins to get expensive this summer, when Jalen Williams and Chet Holmgren are eligible for rookie extensions and Shai Gilgeous-Alexander can agree to a massive future supermax extension.
Total players under contract: 10 Projected salary cap space: None Total tradable picks: 1 first-round pick, 4 second-round picks
The Cavaliers had a terrific regular season with the second-highest win total in franchise history, before falling flat in their Eastern Conference semifinal loss to the Pacers. But while the Cavaliers had some issues exposed in that series, there aren’t a lot of avenues for them to be addressed, given Cleveland has a decision to make on Ty Jerome, who is going to get a significant raise from the $2.5 million he made this season. (The same goes for Sam Merrill and his $2.1 million.) But unless the Cavaliers make trades, they’ll be largely running it back.
Total players under contract: 10 Projected salary cap space: None Total tradable picks: 1 first-round pick, 7 second-round picks
The Knicks made their first major move of the summer when they chose to dismiss coach Tom Thibodeau after reaching the Eastern Conference finals for the first time in 25 years. Finding a new voice in the locker room comes with figuring out what the Knicks will do to try to augment the roster. With some creative accounting, New York should be able to use the $5.6 million taxpayer’s midlevel exception and stay below the second apron. Can the Knicks land a difference-maker with it? And can they add more depth beyond their top seven, with the bright lights of New York, a contending team and playing time to offer players on minimum deals? Or will they try to do something bigger and move players from that top seven to swing for a bigger fish? There’s also a potential Mikal Bridges extension to consider. Moving on from Thibodeau shows New York isn’t satisfied with just being good; the Knicks have made it clear that only a 2026 Finals berth will be deemed a success next season.
Best of the rest in the West
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Stephen A.: KD has plenty left to be Rockets’ No. 1 option
Stephen A. Smith loves the Kevin Durant trade for the Houston Rockets as they look to compete for an NBA title next season.
Total players under contract: 11 Projected salary cap space: None Total tradable picks: 1 first-round pick, 1 second-round pick
If not for a wild fourth quarter from Thunder guard Luguentz Dort in Game 5 of the conference semifinals, perhaps Denver would be celebrating a second title in three years. Instead, the Nuggets are reeling from a second straight seven-game exit in the second round. The first order of business will be determining who will lead the front office after the team officially retained David Adelman as coach. Whomever Denver hires as general manager will face roster decisions right away. First, Denver has to see if it can get Christian Braun, one of the better young guards in the league, signed to a contract extension. Beyond that, the Nuggets will hope to upgrade their roster, with limited assets, to try to chase down OKC atop the West.
Total players under contract: 11 Projected salary cap space: None Total tradable picks: 4 first-round picks, 2 second-round picks
After a tremendous season that saw the Rockets finish second in the conference and lose in seven hard-fought games to the Warriors during the first round, it became clear Houston needed to upgrade its offense. How about landing Kevin Durant? That was exactly what the Rockets did hours before Sunday’s Game 7, adding the future Hall of Famer in exchange for Jalen Green, Dillon Brooks and the No. 10 pick in this year’s draft. That will allow the Rockets to remain an option if another star becomes available later this offseason or next year. And while Fred VanVleet has a $44 million team option for next season, expect him to remain in Houston either on that deal or a new one.
Total players under contract: 8 Projected salary cap space: None Total tradable picks: no first-round picks, 4 second-round picks
Coming off back-to-back conference finals appearances is justifiable cause for celebration in the Twin Cities. But as Marc Lore and Alex Rodriguez fully take over as owners this summer, there are several big decisions ahead. Will Tim Connelly, who can opt out of his contract, remain in charge of the franchise moving forward? What will happen with pending unrestricted free agents Julius Randle and Naz Reid — both of whom have player options for next season — and Nickeil Alexander-Walker? Connelly expressed optimism during his end-of-season media session that all three would be back, and Minnesota can’t afford to take any steps backward in the West.
Elite contenders with injury woes
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Rick Carlisle on Hali: ‘He will be back’
Rick Carlisle gives an update on Tyrese Haliburton’s injury and assures that “he will be back.”
Total players under contract: 11 Projected salary cap space: None Total tradable picks: 2 first-round picks, 5 second-round picks
Few offseasons in NBA history have been more fascinating than what’s awaiting the Celtics. Because of Jayson Tatum‘s left Achilles tear, a team that has ruled the East for the better part of a decade has massive questions as new owner Bill Chisholm gets set to take over this summer. There were doubts even before Tatum’s injury that Boston would have the first $500 million roster in NBA history. It’s impossible to see that happening now. How Boston approaches this summer could be the most important decision any team in the league makes, in terms of the ripple effects it could cause. Then there’s the future of franchise stalwart Al Horford. In the wake of Tatum’s injury, could Horford choose to play elsewhere? If he does, his stretch-big skill set would fit with any contending team, and he has shown he’s still a highly effective player even at 39 years old.
Total players under contract: 10 Projected salary cap space: None Total tradable picks: 4 first-round picks, 8 second-round picks
After their stunning run to the NBA Finals, and to within a few shots of the franchise’s first championship, the focus shifts to Tyrese Haliburton‘s recovery from the right Achilles injury he suffered early in Game 7. Indiana has proved its resiliency in these playoffs, but if Haliburton is out for all of next season, it’s hard to see the Pacers replicating this year’s run. In the meantime, they also have to decide what to do about Myles Turner, the best available free agent center and a vital part of Indiana’s five-out offense. The Pacers are expected to re-sign Turner; the question is whether the Pacers will go into the luxury tax to do so.
Total players under contract: 7 Projected salary cap space: None Total tradable picks: 1 first-round pick, 2 second-round picks
Like the Celtics, the Bucks have a decision that could cause ripple effects throughout the league: What does Giannis Antetokounmpo‘s future in Milwaukee look like? After 12 seasons with the franchise, there are real questions about how competitive the Bucks can be next season following Damian Lillard‘s left Achilles tear. The expectation is that the Bucks would like to get out of the luxury tax after paying hundreds of millions in recent years, meaning franchise stalwart and unrestricted free agent Brook Lopez could be priced out of a return.
Total players under contract: 9 Projected salary cap space: None Total tradable picks: 4 first-round picks, 1 second-round pick
After landing Jimmy Butler III at the trade deadline, Golden State managed to win a playoff round before Stephen Curry got hurt and the Timberwolves dispatched the Warriors in five games in Round 2. Now, the focus shifts to what likely will be yet another eventful summer in the Bay Area, beginning with the tricky negotiations with restricted free agent forward Jonathan Kuminga. Golden State likely will either bring him back on a new deal or sign and trade him to add reinforcements. Each path has a differing level of complexity. Regardless, the Warriors will need to find ways to augment the roster to keep up in the very difficult West.
Total players under contract: 10 Projected salary cap space: None Total tradable picks: 2 first-round picks, 4 second-round picks
The Clippers outperformed this season, finishing fifth in the West and pushing the Nuggets to seven games in a thrilling first-round series. LA’s top priorities? Sorting out the future of James Harden, who has a $36.3 million player option, and deciding whether to extend Norman Powell, who is coming off the best season of his career. (Powell has a $20.4 million expiring contract in 2025-26.) The Clippers also could have most of the full midlevel exception available or they could use that salary flexibility to make moves via trade.
Total players under contract: 10 Projected salary cap space: None Total tradable picks: 1 first-round pick, 1 second-round pick
Summer is never boring for the Lakers, and this year is no different. Not only did the Lakers just sell for a record $10 billion, but the franchise is waiting on another free agency decision from LeBron James. Now 40, he can opt into his $52.6 million player option for next season with an extension, opt in without an extension or opt out and sign a new contract. (Forward Dorian Finney-Smith faces the same three choices with his own $15.3 million option.) Luka Doncic, meanwhile, could choose to sign an extension or leave the Lakers in limbo until next summer. Austin Reaves can agree to an extension off his $13.9 million contract. And finally: After declining to complete the Mark Williams trade in February, can the Lakers get a rim-running center for Doncic?
Rising young teams with upside
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Why did the Magic trade for Desmond Bane?
Brian Windhorst breaks down the Grizzlies trading Desmond Bane to the Magic for a package that includes Kentavious Caldwell-Pope and several draft picks.
Total players under contract: 10 Projected salary cap space: None (most likely) Total tradable picks: 4 first-round picks, 13 second-round picks
The Pistons, who won a playoff game for the first time since 2008, have two very different paths they can take. Assuming they re-sign unrestricted free agents Tim Hardaway Jr., Malik Beasley and Dennis Schroder, they’ll operate as an over-the-tax team and try to add to their roster with the full midlevel exception or via trade this summer. The other choice? Let those players go, clear cap space and go after a free agent — potentially a floor-spacing big to create more room for All-NBA guard Cade Cunningham to operate. Either way, after general manager Trajan Langdon spent his first season in charge building a solid ecosystem around Cunningham — helping to launch him to another level as a player — expect that to be the guiding principle of Detroit’s summer.
Total players under contract: 14 Projected salary cap space: None Total tradable picks: 1 first-round pick, 11 second-round picks
After years of inactivity under president of basketball operations Jeff Weltman, Orlando pushed in all of its chips by sending four first-round picks plus a swap to Memphis in last week’s stunning trade for guard Desmond Bane. Bane, a terrific shooter who also can create for himself and others and isn’t a defensive liability, is a dream fit for a Magic roster desperately in need of offense after ranking last in 3-point shooting this season. Bane boosts Orlando without the team sacrificing its defensive identity, and he’ll slot right in alongside Jalen Suggs, Paolo Banchero (up for a max extension this summer) and Franz Wagner as Orlando’s core moving forward. Trades such as this, however, are made only if you believe it makes you a true contender to reach the NBA Finals. Given Orlando hasn’t won a playoff series since 2010, that’s a lofty bar to clear.
Total players under contract: 10 Projected salary cap space: None Total tradable picks: 3 first-round picks, 15 second-round picks
Having traded for De’Aaron Fox in February and then landing the second pick in this week’s NBA draft, San Antonio will be front and center in any discussion of stars changing teams this summer to potentially pair with rising superstar Victor Wembanyama, whom the Spurs believe will be healthy to start the season after having this campaign cut short due to a deep vein thrombosis diagnosis. The other question in San Antonio: What will Chris Paul do after a very successful first season with the Spurs?
Total players under contract: 13 Projected salary cap space: None Total tradable picks: 3 first-round picks, 2 second-round picks
What a wild ride in Dallas. The Mavericks shocked the league by trading Luka Doncic in February, only to shock it again by jumping from 11th to first in the draft lottery last month to secure the right to draft another phenom in Cooper Flagg. With Flagg set to anchor the franchise for the next decade, the Mavs have to figure out what to do with Kyrie Irving, who will miss at least the majority of next season with a torn left ACL and has a $42.9 million player option on the books. Though Irving is expected to be back, Dallas desperately needs some more ballhandling, especially while he’s out.
Total players under contract: 11 Projected salary cap space: Fluid Total tradable picks: 7 first-round picks, 6 second-round picks
After a disappointing final few months of the season, culminating in firing coach Taylor Jenkins and getting swept out of the playoffs by the Thunder, the first order of business in Memphis is figuring out whether Jaren Jackson Jr. can secure a new extension. Jackson is on an expiring $23.4 million deal, one far below his current value, meaning Memphis will need to renegotiate and extend the former Defensive Player of the Year to get a deal done. That’s why the Grizzlies moved on from Marcus Smart during the season. And Memphis has hoped to get Jackson locked up. Assuming the Grizzlies do, they also have to figure out the future of restricted free agent Santi Aldama and guard Luke Kennard.
Total players under contract: 9 Projected salary cap space: None Total tradable picks: 3 first-round picks, 7 second-round picks
Any predictions for Philadelphia hinge on Joel Embiid‘s health, which remains very much an open question. Philly will be hoping it can get something close to full strength from Embiid next season, as well as a better version of Paul George and an able-bodied Jared McCain, after the rookie standout was shut down with a left meniscus injury in December. The 76ers enjoyed a good start to their offseason by jumping to third in the lottery and thus keeping their top-six protected pick.
Total players under contract: 11 Projected salary cap space: None Total tradable picks: 3 first-round picks, 6 second-round picks
After firing GM Landry Fields in April and promoting Onsi Saleh to run basketball operations, the first question for owner Tony Ressler and the Hawks is whether they’re going to hire a president of basketball operations over Saleh. (Ressler has made it clear — a year after hiring Saleh away from Golden State — that Saleh will be a huge part of the organization going forward.) Once that’s settled, a pivotal offseason awaits the Hawks, beginning with a decision on franchise player Trae Young. With one year left on his deal before a player option for the 2026-27 season, will Atlanta lock him up long term or potentially look to move on? Beyond that, there’s a fascinating extension discussion ahead for guard Dyson Daniels, who won the Most Improved Player Award after coming over in the Dejounte Murray trade last summer. The Hawks also have decisions on unrestricted free agents Caris LeVert and Larry Nance Jr.
Total players under contract: 12 Projected salary cap space: None Total tradable picks: 5 first-round picks, 5 second-round picks
There is no team more stuck than the Bulls, who enter the summer with their roster largely under contract but with some significant decisions to make — beginning with restricted free agent Josh Giddey, whom they acquired for Alex Caruso last summer. Giddey is going to expect a big payday. Are the Bulls willing to give him one? Coby White has outplayed his contract to the point where an extension off his $12.9 million seems unlikely to get done. Does that make him a trade candidate? The Bulls have almost no money on the books for the 2026-27 season, but a Giddey extension would quickly change that.
Total players under contract: 12 Projected salary cap space: None Total tradable picks: 2 first-round picks, 1 second-round pick
With the Butler saga officially behind them, what will it take for the Heat to regain their status as a top-tier team in the East after floating around in the play-in? Rookie Kel’el Ware had an impressive season, and he, Tyler Herro and Bam Adebayo give the Heat young building blocks moving forward. But how Miami improves isn’t clear. There’s a decision to be made on Duncan Robinson, who has $9.8 million of his $19.8 million expiring contract guaranteed until early July. And the Heat also could preserve what could be a ton of cap space for the summer of 2026, when a more active free agent crop could be available.
Total players under contract: 13 Projected salary cap space: None Total tradable picks: 5 first-round picks, 4 second-round picks
New lead executive Joe Dumars has some work to do this summer. The Pelicans likely will be without Dejounte Murray for all of next season after he tore his right Achilles tendon, meaning the expectation will be for this team to again be deep in the lottery. With Zion Williamson representing the team at this year’s lottery, what does that portend for his future in New Orleans? He has three more years on his contract. Does New Orleans keep trying to build around this young core of Williamson, Murray, Trey Murphy III and Herbert Jones or begin moving in another direction?
Total players under contract: 11 Projected salary cap space: None Total tradable picks: 2 first-round picks, 7 second-round picks
The first move of the Suns’ new era, directed by lead executive Brian Gregory and coach Jordan Ott, was to send Kevin Durant to the Rockets in the hours leading up to Game 7 of the NBA Finals. Though Houston got back Jalen Green, Dillon Brooks and the 10th pick in Wednesday’s NBA draft, the deal won’t be official until July 6. By then, expect the Suns to look a lot different from today. Devin Booker is going to get a massive two-year extension next month, but the Suns are expected to be aggressive in trying to retool the roster around him, sources said, and try to get Phoenix back into the playoff mix. That won’t be easy: The skill sets of Green, Booker and Bradley Beal — who still has his no-trade clause — all overlap, and there are limited mechanisms for the Suns (who remain wildly expensive) to improve.
Total players under contract: 10 Projected salary cap space: None Total tradable picks: 6 first-round picks, 3 second-round picks
New lead executive Scott Perry takes over an unbalanced Kings roster. Zach LaVine, DeMar DeRozan and Malik Monk all have overlapping skill sets, and the De’Aaron Fox trade left the team without an obvious point guard option on the roster. Perry has an intriguing decision to make on Keon Ellis, who has a $2.3 million team option and has turned into a nice developmental story as a 3-and-D guard, a necessity for a roster devoid of many defensive options. But the Fox move seemed like the first of a two-step process; and though Perry didn’t make that first move, it will be up to him to make the second.
Total players under contract: 13 Projected salary cap space: None Total tradable picks: 4 first-round picks, 6 second-round picks
President of basketball operations Masai Ujiri declared Toronto wouldn’t be rebuilding forever, and the Raptors have stuck to that vision, quickly overhauling the roster in 18 months. Now, they are bumping up against the luxury tax and are going to have to make some interesting decisions this summer after trading for Brandon Ingram and signing him to an extension in February. Because of a left ankle sprain that kept him out the remainder of the campaign, we never saw what this Raptors group looked like together after the trade.
Total players under contract: 12 Projected salary cap space: None Total tradable picks: 7 first-round picks, 11 second-round picks
The Hornets had designs on jumping up in the lottery and getting either Cooper Flagg or Dylan Harper in the draft but instead fell to seventh. And after Mark Williams was traded to Los Angeles — then wasn’t — back in February, those will be very interesting extension negotiations. As long as the franchise remains near the bottom of the East standings, there will at least be a question as to Charlotte’s long-term direction, and what that means for star guard LaMelo Ball. And veterans Miles Bridges ($25 million this year, $22.8 million next year) and Jusuf Nurkic (expiring $19.3 million) could also be potentially traded. They also have to make a decision on restricted free agent Tre Mann after he missed most of the season with a back injury.
Total players under contract: 13 Projected salary cap space: None Total tradable picks: 3 first-round picks, 5 second-round picks
There’s a lot happening in Portland. The team is now up for sale, and after a strong close to the season, both general manager Joe Cronin and coach Chauncey Billups were given extensions. But where does Portland go from here? Anfernee Simons is on an expiring contract; does he get an extension, or does he potentially get dealt? What about Deandre Ayton, who is on a $35 million expiring contract of his own and remains an impediment to giving last year’s seventh overall pick, Donovan Clingan, a full runway as the team’s starting center?
Total players under contract: 10 Projected salary cap space: $40-60 million Total tradable picks: 9 first-round picks, 15 second-round picks
The Nets, like several other teams, hoped for good lottery luck. Instead, they moved back two spots to eighth. They enter the summer with the most cap space in the league but with little of value to spend it on. They also have a ton of picks, but it makes more sense for this team to struggle one more season and use its draft pick (the rights to which it reacquired from Houston in the Mikal Bridges trade last year). Still, the Nets could choose to use their cap space to speed up the rebuild this summer, they could use it to allow teams to save money and get even more assets, or some combination of the two. There’s also the possibility of moving their two veterans under contract, Nic Claxton and Cameron Johnson.
Total players under contract: 14 Projected salary cap space: None Total tradable picks: 7 first-round picks, 7 second-round picks
After locking up coach Will Hardy to a long-term contract extension and hiring Austin Ainge away from the Boston Celtics to be the team’s president of basketball operations, Utah’s leadership is set for years to come. Now comes the hard part: beginning to build out this roster out to the point where it can contend in the ruthless Western Conference. Step 1 in that plan? Deciding what to do with Lauri Markkanen. After last year’s tank for Flagg failed, could Markkanen be traded to add more assets and align the team around its young players — including the fifth pick in this year’s draft — going forward? Veterans John Collins, Collin Sexton and Jordan Clarkson also have a combined $60 million in expiring deals that could be used in a variety of ways.
Total players under contract: 13 Projected salary cap space: None Total tradable picks: 6 first-round picks, 14 second-round picks
Yet another team that struck out in the lottery, the Wizards can at least point to young players such as Bilal Coulibaly, Alex Sarr, Bub Carrington and Kyshawn George getting valuable experience as part of Washington’s season among the dregs of the league. But don’t expect a wildly different playbook in D.C. next season, as the young guys will continue to play a lot, veterans such as Marcus Smart and his expiring $21 million could be used to bring back more assets in deals and the Wizards will again likely remain in the hunt for one of the league’s three worst records.
Jessie J Gives Breast Cancer, Surgery Update. “I was diagnosed with early breast cancer,” she said in a June 3 Instagram video. “Cancer sucks in any form, but I’m holding on to the word ‘early.'”
Jessie J also infused humor into her health update, as she continued, “It’s a very dramatic way to get a boob job. I am going to disappear for a bit after Summertime Ball to have my surgery, and I will come back with massive tits and more music.”
And despite the difficult emotions surrounding her cancer diagnosis, the “Bang Bang” explained she wanted to be “open” through her journey.
“I do not talk about it enough,” she shared. “I’m not processing it because I’m working so hard. I also know how much sharing in the past has helped me with other people giving me their love and support and also their own stories. I’m an open book.”
Adding she wants to stand alongside others that are battling cancer, she said, “It breaks my heart that so many people are going through so much similar and worse—that’s the bit that kills me.”
Read on for more stars who have been open about their journeys with cancer. This was Jessie J Surgery update news. Please, visit our Homepage and Facebook Page for latest news update
