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1hRamona Shelburne

Wade forgoes option with Heat, will be free agent

Dwyane Wade, a perennial All-Star and three-time NBA champion, has decided to not pick up his option with the Miami Heat for next year, announcing his decision through a representative.

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19mMarc Stein and Mike Mazzeo

Sources: Lopez, Young expected to stay Nets

Rival teams interested in free agents Brook Lopez and Thaddeus Young are increasingly convinced they have no shot at luring either one away from the incumbent Nets, according to league sources.

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Undervalued NBA free agents (1:05)
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7hTim MacMahon

Pitchman Chandler Parsons embracing challenge

If Chandler Parsons convinces DeAndre Jordan to leave L.A. for Dallas, it will prove his claim that he's the NBA's best recruiter.

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SC Featured: Dream Again (6:59)

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Trail Blazers @trailblazers

"I've gotten a lot of love from fans on social media these past few days." -- Gerald Henderson on initial thoughts of Portland

ESPN Stats & Info @ESPNStatsInfo

Only top-10 picks in last 25 yrs to win multiple NBA titles w/ team that drafted them: Dwyane Wade, Tim Duncan and... Andrew Bynum.

Magic finalize Hezonja buyout

The Magic announced they've finalized the buyout of Mario Hezonja's contract with FC Barcelona, clearing the way for the No. 5 pick in the draft to come to the NBA this season.

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ESPN Stats & Info @ESPNStatsInfo

Dwyane Wade has the 4th-most career points among active players who have played their entire career w/ 1 team (Kobe, Dirk, Duncan).

Wade's never been highest paid on team

Dwyane Wade is an 11-time All-Star and the 2006 NBA Finals MVP. But thanks to a few big names -- and a couple of surprising ones -- he's never had the highest salary on his own team. Read

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Royce Young @royceyoung

Thunder have officially announced their coaching staff: Monty Williams, Mo Cheeks and Anthony Grant are assistants.

No qualifying offer for Biyombo

Charlotte did not tender Bismack Biyombo a qualifying offer, making him an unrestricted free agent as of July 1, sources told ESPN's Chris Broussard. The 22-year-old big man averaged 4.8 PPG and 6.4 RPG last season. Hornets pass on QO

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Baxter Holmes @BaxterHolmes

The Lakers will have about $23 million in spending power to use in free agency after declining $9 million option on C/F Jordan Hill.

Russell honored to play with Kobe

Lakers No. 2 overall pick D'Angelo Russell said today of playing with Kobe Bryant: "Whatever he's willing to teach me, I'm willing to learn. He's one of the greatest."

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SportsCenter @sportscenter

If LeBron James waits two more summers to sign his long-term deal, his yearly salary can double. We're thinking he'll wait.

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Wade due for payday?

Despite being the franchise's all-time leader in points and games, Dwyane Wade has never been the Heat's highest-paid player in a season. Last year he made $15M, while Chris Bosh made $20.6M.

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Winslow wants to make his mark

The Heat introduced No. 10 overall pick Justise Winslow to the media today and the former Duke star said: "There's a lot of good players out there, but the great ones are the ones you remember, the ones that have their jerseys hanging up."

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Lakers declining Jordan Hill's option

The Lakers will not be picking up their $9 million option on forward Jordan Hill, league sources told ESPN. They still have an interest in retaining the forward, who averaged 12.0 PPG and a team-high 7.9 RPG last season.

Kyle Terada/USA TODAY Sports

Jeff Goodman @GoodmanESPN

Sacramento expressed interest in keeping unrestricted free agent Derrick Williams, sources told ESPN. First order for Kings: PG situation.

Wade to become free agent

Heat guard Dwyane Wade has decided to decline his $16.1M player option for 2015-16 to become a free agent, a source told ESPN. The 33-year-old Wade has spent his entire career in Miami. Seeking 3-year deal

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