The salary cap for the 2024-25 season is set at $140.588 million, with the luxury tax set at $170.814 million. 

The first apron will be $178.132 million.

The second apron set at $188.931 million.

Expected to sign a new deal with the Lakers.

It was written, everybody knew, it's the nth move by GM Lebron (none of them successfull, ever), still is great to see this guy getting to play with his son

The Pelicans are sending Larry Nance Jr., Dyson Daniels and two first-round picks to the Hawks.

More on the picks: The Pelicans are trading a 2025 first-round (via the Lakers) and a least-favorable Milwaukee/Pelicans 2027 first-round pick.

The Dallas Mavericks have agreed to trade guard Tim Hardaway Jr. and three second-round picks to the Detroit Pistons for guard Quentin Grimes, team sources said.

Reportedly out 5-6 months.

I'm told (Jimmy Butler) will not be signing an extension with the Heat or any other team ahead of his opt-out in 2025 free agency,” per

@ShamsCharania