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NBA Free Agency Opens with Spurs, Rockets, Hawks, Magic and Mavs Among Those Making Early Moves

  • On Monday at 6 p.m. ET, the Spurs signed Luke Kornet for four years, $41 million; Rockets added Dorian Finney-Smith on four years, $53 million; Mavericks secured D'Angelo Russell for two years, nearly $13 million.
  • The NBA’s 10% salary cap increase to $154.647 million prompted teams like the Spurs and Mavericks to sign players such as Wembanyama and Irving, addressing roster needs.
  • Finney-Smith averaged 8.7 points and shot 41% from three, Kornet has a 68% field goal rate over 205 games, and Capela's three-year deal marks a key return to Houston.
  • Teams add talent to bolster rosters, but key transactions like Durant’s await league approval until July 6.
  • The NBA’s luxury tax threshold is set at $187.895 million, signaling teams will need to balance spending to remain competitive within spending limits for the upcoming season.
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NBA free agency opens with Spurs, Rockets, Hawks, Magic and Mavs among those making early moves

The Houston Rockets continued their offseason improvements by adding veteran forward Dorian Finney-Smith on a four-year, $53 million deal shortly after the NBA’s free agency window officially opened.

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The Hamilton Spectator broke the news in Hamilton, Canada on Monday, June 30, 2025.
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