NBA Free Agency 2016: Live Updates, Rumors and Signings for July 1

July 1st, 2016 by Andy Bailey Leave a reply »
Welcome to Friday's Bleacher Report NBA free-agency live blog. Keep it locked here for the latest news, rumors and expert speculation.

Here's a recap of the deals that are in place so far:

USA Today's Sam Amick wrote, "DeMar DeRozan has decided to re-sign with the Toronto Raptors...Terms not finalized." Bradley Beal and the Wizards are close to securing a five-year, $128 million max deal, per The Vertical's Adrian Wojnarowski. The Knicks and Joakim Noah are "nearing agreement" on a deal that would earn Noah $72 million over four years, per ESPN's Chris Broussard. The Lakers and Timofey Mozgov are working out the framework of a four-year, $64 million deal, per Wojnarowski. The Trail Blazers extended a four-year max-contract offer to Chandler Parsons, according to Wojnarowski. Parsons has not yet accepted the offer. The Hornets have reached a five-year, $120 million deal with forward Nicolas Batum, per Shams Charania. The Lakers have agreed to a four-year, $50 million deal with their emerging shooting guard, Jordan Clarkson, per Charania. The Magic have a new backup point guard in D.J. Augusti ...

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