The NBA offseason has produced one of the league’s most dramatic summers in recent memory, with blockbuster trades and marquee free-agent signings dramatically altering the championship landscape in both conferences.
Philadelphia lands LeBron, Jaylen Brown
No team made a bigger splash than the Philadelphia 76ers.
LeBron James officially signed with Philadelphia to begin what he has called the final chapter of his career, joining a roster that already featured Joel Embiid and Tyrese Maxey. The 76ers then added another superstar by acquiring Finals MVP Jaylen Brown from the rival Boston Celtics in exchange for Paul George and multiple draft picks, creating one of the NBA’s most talented starting lineups.
Giannis heads to Miami
The Miami Heat also transformed the Eastern Conference by acquiring two-time NBA MVP Giannis Antetokounmpo from the Milwaukee Bucks.
Miami sent a package centered around Tyler Herro, Jaime Jaquez Jr., Kel’el Ware and future draft capital to Milwaukee, pairing Giannis with Bam Adebayo in one of the league’s most formidable frontcourts.
West undergoes major changes
Several notable moves also reshaped the Western Conference.
The Portland Trail Blazers acquired Ja Morant from the Memphis Grizzlies in exchange for Jerami Grant and Kris Murray, while the Toronto Raptors landed Kawhi Leonard from the Los Angeles Clippers in a deal that signals a new direction for both franchises. The Los Angeles Lakers, meanwhile, replaced the departing James by acquiring Walker Kessler in a sign-and-trade and adding several veteran role players.
Veteran movement continues
Free agency also featured several notable signings.
Draymond Green returned to the Golden State Warriors on a one-year, $27.7 million contract after briefly opting out during the team’s pursuit of James. John Collins signed with the Detroit Pistons, Tobias Harris joined the San Antonio Spurs, Norman Powell headed to the Chicago Bulls and veteran center Andre Drummond signed with the New York Knicks.
A few big names remain available
Although most rosters are taking shape, several recognizable veterans remain on the free-agent market.
DeMar DeRozan, James Harden, Bradley Beal and Russell Westbrook are among the biggest names still searching for new teams, while restricted free agents Jalen Duren and Peyton Watson continue weighing their options before training camps begin.
With training camps now just weeks away, the 2026 offseason has already shifted the balance of power. Philadelphia and Miami enter the season as two of the Eastern Conference favorites after landing MVP-caliber talent, while several Western Conference contenders retooled in hopes of closing the gap in what promises to be another highly competitive NBA season.