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Latest NBA Free Agency News August 1st, 2021

Track your evening and midnight news here.

2021 NBA Finals - Game Six Photo by Jonathan Daniel/Getty Images

NBA Free Agency 2021 starts at 6:00, Eastern time tomorrow, 3:00 PM, Pacific. Though contracts cannot be officially approved until Friday, there’s going to be a ton of reports and rumors coming out of free agency negotiations. Obviously we’ll post any significant news about the Portland Trail Blazers in separate articles. This post will contain all the other news around the league that’s important without necessarily knocking our socks off.

Even though it’s early in the day, several reports have come in from teams either making qualifying offers to restricted free agents or letting go of options.


Adrian Wojnarowski has Miami hot on the trail of Kyle Lowry, leading some to speculate that the timing of negotiations and maneuvering is still being fudged.

The 76ers might also be shopping Tobias Harris.

Before we get there, here’s the latest on teams courting Trail Blazers free agent Carmelo Anthony. Earlier in the week we heard the Los Angeles Lakers were in the mix. Now the New York Knicks appear to be stepping to the plate.

Phoenix Suns guard Chris Paul is declining his $44.2 million player option for 2021-22, making himself an unrestricted free agent.

The move was widely anticipated. According to rumors, Paul is expected to re-sign with the Suns.

Kawhi Leonard is expected to negotiate a new deal this summer too, likely remaining with the Clippers.

The Mavericks are getting themselves a bargain, retaining Willie Cauley-Stein.

The Charlotte Hornets are letting Malik Monk go.

The Memphis Grizzlies are doing the same with Justise Winslow.

And from earlier in the day...

Andre Iguodala is hitting the open market.

...but Goran Dragic is not.

And as we knew, the Blazers are not making a qualifying offer to forward-center Zach Collins.