Every year, a week after the draft, the NBA free agency period begins. This is always an exciting time for NBA fans, as it provides some excitement during the dull period that is the off-season. While this free agent class isn’t as exciting as some from years prior, there still have been a couple of big names receiving some large deals. Let’s take a look at some of the big transactions from the first day of free agency.
Nikola Jokic, Denver Nuggets (5 years, $264 million)
This one is a no-brainer. The now two-time and reigning MVP got a nice payday today, receiving a supermax deal from the Denver Nuggets. Jokic would have been a free agent after the 2023 season, but after this extension he’ll be a Nugget for the foreseeable future. After willing his team to the playoffs this season, Jokic deserves every penny of the deal that makes him the highest paid player in NBA history.
Malik Monk, Sacramento Kings (2 years, $19 million)
The 24-year old shooting guard will now join the third team in his young career. Monk spent four years with the Hornets before joining the Lakers last year. Malik averaged 13 points per game and now joins a backcourt featuring his former college teammate De’Aaron Fox.
Victor Oladipo, Miami Heat (1 year, $11 million)
Oladipo has had a bit of an up-and-down career, but he seems to have found a home in South Beach. Oladipo was a former All-Star, and there was lots of hype around him at the time he joined Miami. Victor struggled to stay on the court in 2021, but he’ll get a chance to run it back with one of the top teams in the East.
Bradley Beal, Washington Wizards (5 years, $251 million)
Here, we have another star player getting extended with his current team. Beal has been the center of trade rumors in the past week, and those grew louder after he turned down his player option recently. Today, we learned why, as Beal gets a massive extension, one that makes him among the highest players in the league.
Jalen Brunson, New York Knicks (4 years, $104 million)
The Knicks got their guy. After unloading a ton of cap space in the past week, all signs pointed to the New York choosing Brunson as their point guard of the future. The 25-year old had a breakout season last year, and played very well in the playoffs. Was he worth $104 million? Only time will tell.
Lu Dort, Oklahoma City Thunder (5 years, $87.5 million)
If there’s one guy who just had the best day of his career, it’s Lu Dort. Dort was one of the most underrated players in the league last season, averaging over 17 points and four rebounds. He’s an absolute force on the defensive end, and it will be exciting to watch him grow as a player in Oklahoma.
Devin Booker, Phoenix Suns (4 years, $214 million)
Early Thursday morning, it was reported that the Nets would want Devin Booker in return for any trade involving Kevin Durant. It’s clear now that won’t be happening. Booker, one of the elite scorers in the league will now be locked up in Arizona for a long time.
Overall, this was a pretty eventful first day of NBA free agency. For a group that didn’t feature a ton of big names, Thursday was still a whirlwind in the NBA world. There are still some big names remaining on the market, and the next few days should be interesting to watch.