Orlando is a team on the rise after back-to-back playoff appearances. With a rising star in Paolo Banchero and the newly acquired Desmond Bane, the Magic are hoping to get over the hump this year and win their first playoff series since 2010.

The Lakers have made their first free agent signing of the offseason. Los Angeles has reportedly agreed to terms with Jake LaRavia, as first reported by Shams Charania of ESPN. The contract is a two-year $12 million deal.

Negotiations with free agents are allowed to begin on June 30 at 6 p.m. ET, however, no deals can be formally signed until the moratorium period ends on July 6. NBA free agency will officially begin on July 6, 2025, at 12 p.m. ET. Teams will then be able to start signing players, making trades official, and executing new contracts.

With free agency set to begin at 6 p.m. ET Monday, here are the latest rumblings from across the league, from potential free agent targets to trades.

James will pick up his $52.6 million player option for the 2025-26 season as the Lakers look to rebound from a second straight first-round playoff exit and build around Luka Doncic.

Los Angeles Lakers superstar LeBron James is opting into his $52.6 million player option for the 2025-26 season, his agent Rich Paul told ESPN's Shams Charania on Sunday.