This is The Athletic’s daily NBA newsletter. Sign up here to receive The Bounce directly in your inbox. On this date, in 2010, LeBron James announced on live television he was taking his talents to South Beach to join the Heat.

While free agency opened on the evening of June 30, deals did not become official until the moratorium ended on July 6. The trade headlined by Kevin Durant turned into a record-setting transaction involving seven teams,

Devin Booker has cemented his legacy with the Phoenix Suns, agreeing to a two-year max extension worth an estimated $145 million, setting a new benchmark with an average annual sal

On Monday, 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.