NBA free agency 2025 - Latest signings, news, buzz, trades, reports - ESPN

The NBA Finals may be in full swing and the draft is on the horizon on June 25 and 26 but the NBA offseason has already started stealing the headlines.

Phoenix Suns forward Kevin Durant has been the source of trade rumblings throughout the spring and early summer. The MVP could be the biggest domino to fall, whcih will help dictate the offseason landscape. Teams around the league are also keeping an eye on another former MVP, Giannis Antetokounmpo, and his future with the Milwaukee Bucks.

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.

The Memphis Grizzlies and Orlando Magic kicked the trade season off on June 15 in a multi-player, multi-pick deal. Desmond Bane is headed to Orlando for Kentavious Caldwell-Pope, Cole Anthony, four future first-round picks and a future first-round pick swap.

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.

11:00 a.m. ET: The Memphis Grizzlies have agreed to trade Desmond Bane to the Orlando Magic for Kentavious Caldwell-Pope, Cole Anthony, four unprotected first-round picks and one first-round pick swap, sources told ESPN's Shams Charania.

2:30 p.m. ET: The Houston Rockets and Steven Adams reached an agreement on a three-year, $39 million contract extension, sources told ESPN's Sham's Charania. Adams will turn 32 years old next month.

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