NBA free agency 2025 - Reaction and grades for the biggest signings - ESPN

The NBA's offseason is here, and teams are making moves to fill their rosters for the 2025-26 season.

Kyrie Irving, after suffering a torn ACL in the regular season, declined his player option with the Dallas Mavericks and intends to sign a three-year contract.

The Houston Rockets, who added Kevin Durant in a blockbuster trade, got things started by agreeing to a three-year, $39 million contract extension with center Steven Adams. The move comes after Adams had a strong season as the backup center for the Western Conference's No. 2 seed.

With the draft behind us and free agency (opening Monday at 6 p.m. ET) closing in, the signings should come fast and often. As deals become official, we're grading the moves and examining what each means for the 2025-26 season and beyond.

MORE: Trade grades | Offseason news and buzz

Agreed to a reported five-year, $125 million contract with forward/center Naz Reid

Grade: C-

In what looked like a difficult market for free agents, Reid found leverage to get an incredibly favorable contract.

The Timberwolves now face a challenge to also re-sign starting forward Julius Randle (who, like Reid, holds a player option for 2025-26) and reserve guard Nickeil Alexander-Walker. Minnesota must make some choices about who to value, which started with paying Reid like a starting-caliber player over the span of his new contract.

That's interesting because only one other team (the Brooklyn Nets) could make a similar offer to Reid, and because there's not a clear path to him becoming a starter in the short term if the Timberwolves bring back Randle.

Unless the Nets were interested, Reid's market would presumably have been at the $14.1 million non-taxpayer midlevel exception. That would have carried a