Summary of NBA transfer opening day: Many stars re-sign with their old team, Lakers cause fever

The road to the championship to take over the position of the Denver Nuggets does not begin in October, when the 2023-24 Regular Season begins. Instead, it all comes down to the summer with the NBA Draft and the transfer market.

30th June, the free player transfer market – NBA Free Agency 2023 – officially opens. This is to help significantly improve the quality of the squad with notable free players such as Kyrie Irving, Draymond Green, James Harden…

Below is a summary of activities that took place on the exciting market opening day.

Draymond Green re-signed with the Golden State Warriors

There was no surprise when Draymond Green decided to return to the Golden State Warriors, accepting a new contract worth $100 million over 4 seasons. The information was first shared by reputable journalist Shams Charania.

Draymond Green agrees to stay with the Golden State Warriors with a new contract


Kyle Kuzma re-signed with the Washington Wizards

After quitting his old contract, Kyle Kuzma reached an agreement to continue staying at the Washington Wizards with a new 4-year contract, worth a total of 102 million USD according to reputable journalist Adrian Wojnarowski of ESPN.

Taurean Prince signed with the Los Angeles Lakers

Los Angeles Lakers reinforced their interior line with the name Taurean Prince, former Minnesota Timberwolves player. Prince signed a 1-year contract worth $4.5 million with the Lakers according to reporter Adrian Wojnarowski.

NBA champion Bruce Brown signs with Indiana Pacers

After the expiration of his old contract with NBA champion Denver Nuggets, Bruce Brown joined the Indiana Pacers with a 2-year contract worth up to 45 million USD (the second year will include a Team Option clause).

The Pacers overcame the Los Angeles Lakers to successfully recruit Bruce Brown, paying a salary double what the LA team offered (about $12 million/season).

Bruce Brown bid farewell to the Denver Nuggets, the team he just won the championship with more than 2 weeks ago


Jerami Grant re-signed with the Blazers

The first major contract on the opening day of NBA Free Agency belongs to Jerami Grant according to information from reputable journalist Shams Charania.

The pioneer born in 1994 agreed to stay long-term with the Portland Trail Blazers with a 5-year contract worth 160 million USD.

Kristaps Porziņģis extended his contract with the Boston Celtics

After being traded from the Washington Wizards to the Boston Celtics, Kristaps Porziņģis agreed to extend his contract with the TD Garden team for another 2 years with a total value of 60 million USD.

According to TNT and Bleacher Report journalist Chris Haynes, the Latvian “unicorn” will stick with the Boston Celtics from the 2023-24 season to the end of the 2025-26 season with an average salary of about $31.6 million. /season.

Kyrie Irving re-signed with the Dallas Mavericks

There are no surprises surrounding Kyrie Irving because he will officially return to the Dallas Mavericks, continuing to be teammates with Luka Doncic.

Kyrie and Dallas have reached an agreement on a 3-year contract worth $126 million. The third year of the contract will include a Player Option clause according to journalist Shams Charania.

Kyrie Irving will continue to be Luka Doncic’s teammate at the Dallas Mavericks


Khris Middleton re-signed with Milwaukee Bucks

All-Star striker Khris Middleton will stay with the Milwaukee Bucks with a 3-year contract worth $102 million, information confirmed by journalist Adrian Wojnarowski.

Los Angeles Lakers retain Rui Hachimura

The Los Angeles Lakers will sign Rui Hachimura to a new 3-year contract worth $51 million. According to reputable journalist Shams Charania, the two sides have reached an agreement and the signing is only a matter of time.

Gabe Vincent signed with the Los Angeles Lakers

In an extremely surprising development, former Miami Heat defender Gabe Vincent will join the Los Angeles Lakers with a 3-year contract worth 33 million USD.

Gabe Vincent just won the Eastern Championship with the Miami Heat and reached the 2023 NBA Finals.

Gabe Vincent (left) and Taurean Prince are two of three additions to the Los Angeles Lakers. The other name is 23-year-old striker Cam Reddish


Cam Reddish signed with the Los Angeles Lakers

Besides Gabe Vincent, the Los Angeles Lakers recruited another player, Cam Reddish, a 23-year-old striker who was the 10th pick at the 2019 NBA Draft.

Reddish will play for the Lakers with a 2-year contract worth $4.6 million according to reporters Shams Charania and Dave McMenamin.

Fred VanVleet signed with the Houston Rockets

The second largest contract on the opening day of NBA Free Agency 2023 belongs to Fred VanVleet. The former Toronto Raptors defender will now join the Houston Rockets with a 3-year contract worth up to 130 million USD according to reputable journalist Adrian Wojnarowski.

The salary that VanVleet will receive in Houston will be 40.8 million, 42.8 million and 44.8 million USD respectively for three years in the new contract.

Fred VanVleet parted ways with the Toronto Raptors after many years with the Houston Rockets with a huge salary


Seth Curry signs with Mavericks

Stephen Curry’s younger brother, Seth Curry, will join the Dallas Mavericks, becoming a teammate of Luka Doncic and Kyrie Irving with an average salary of about 4 million USD per year.

According to journalist Adrian Wojnarowski, Seth Curry’s contract with Dallas will be for 2 years.

Dennis Schröder signed with the Toronto Raptors

After a successful season at the Los Angeles Lakers, Dennis Schröder was given the opportunity to receive a higher salary with a 2-year contract worth $26 million with the Toronto Raptors.

The Los Angeles Lakers decided not to retain Dennis Schroder, letting the German defender move to the Toronto Raptors


Kevin Love re-signed with the Miami Heat

Losing Gabe Vincent, Miami Heat retained an important player, Kevin Love, with a 2-year contract worth 7.7 million USD.

Derrick Rose signed with the Grizzlies

Saying goodbye to the New York Knicks, Derrick Rose will join the Memphis Grizzlies with a 2-year contract worth 6.5 million USD. The information was confirmed by reputable journalist Shams Charania.

He is expected to play quite a lot because the Grizzlies are quite lacking in defenders at the beginning of the upcoming season, when Ja Morant must serve a 25-match suspension.

Derrick Rose will return to where he played in the NCAA tournament, playing for the Memphis Grizzlies Club


Tyrese Haliburton signed a max contract with the Indiana Pacers

Tyrese Haliburton and the Indiana Pacers have reached an agreement to extend their contract with maximum value (Maximum Designated Rookie contract extension). The total value of the new contract will be up to 260 million USD with a term of 5 years according to reputable journalist Adrian Wojnarowski.

Last season, Tyrese Haliburton averaged 20.7 points and 10.4 assists per game with a 3-point shooting rate of 40% 3PT.

Tyrese Haliburton is the owner of the largest contract on the opening day of NAB Free Agency 2023, pocketing 260 million USD


Desmond Bane signs a max contract with the Memphis Grizzlies

At the end of the opening day of the NBA Free Agency transfer market, Desmond Bane accepted a maximum Rookie Scale contract extension with the Memphis Grizzlies.

The 25-year-old defender will receive a total of 207 million USD within 5 years of playing for the Grizzlies, starting from the 2024-25 to 2028-29 season.

Recently, Desmond Bane was the top star of the Memphis Grizzlies, averaging 21.5 points, 5.0 rebounds and 4.4 assists per game.

After a sublime season, Desmond Bane was rewarded with a $200 million contract from the Memphis Grizzlies

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