- The Minnesota Timberwolves offer restricted free agent C Greg Stiemsma to an offer sheet – the Boston Celtics have 3 days to match or decline
- The Chicago Bulls sign G Kirk Hinrich
- The Brooklyn Nets sign G C.J. Watson
- The Chicago Bulls decline to match the Houston Rockets offer sheet for C Omer Asik
- The Utah Jazz sign G Randy Foye for 1 year
- The Phoenix Suns sign F Michael Beasley for 3 years
- The New York Knicks sign F Ronnie Brewer for 1 year and C Marcus Camby for 3 years
- The Sacramento Kings sign G Aaron Brooks
- The Dallas Mavericks sign F Elton Brand
- The San Antonio Spurs resign F Tim Duncan and G/F Danny Green
- The Boston Celtics and F Jeff Green will reach an agreement after missing the last season due to illness
- The Los Angeles Lakers are interested in G Delonte West
- The Chicago Bulls will sign G Marco Belinelli
- The Brooklyn Nets are pursuing F Andrei Kirilenko
Signings that have been formally processed:
- The Brooklyn Nets signed G Jerry Stackhouse
- The Sacramento Kings signed G Aaron Brooks
- The Phoenix Suns signed F Luis Scola
- The Boston Celtics re-signed F Kevin Garnett, F Brandon Bass and C Chris Wilcox
- The New Orleans Hornets matched Phoenix Suns’ offer sheet for G Eric Gordon
- The Dallas Mavericks signed F Elton Brand
- The Philadelphia 76ers signed Kwame Brown
Trades that have been formally processed:
- The Chicago Bulls traded G Kyle Korver to the Atlanta Hawks for a trade exception and cash
- The New York Knicks traded F Jared Jeffries and C Dan Gadzuric to the Portland Trailblazers for G Raymond Felton and C Kurt Thomas
Rumoured Offers / Signings:
- Grant Hill (UFA) is interested in signing with either the Miami Heat, Oklahoma City Thunder or Los Angeles Lakers.
- The Houston Rockets are still attempting to get Dwight Howard – offering to amnesty Luis Scola and trade several first-round draft picks to the Orlando Magic. The Rockets will also take on the contracts of Jason Richardson, Glen Davis and Chris Duhon.
- The Dallas Mavericks are interested in bidding on Luis Scola.
- The Los Angeles Lakers are looking to sign either Antawn Jamison, Elton Brand or Jermaine O’Neal under the veteran’s minimum.