NBA free agents 2024: Top players, salary cap & Free Agency Start Date

NBA Free Agents 2024: With the 2024-21 NBA season conclusion, the free agency is in the neighbourhood. This year the free agency pool is full of tasty point guards, who will be looking to rake in the big bucks.

The revelation that the Los Angeles Lakers and the Washington Wizards are close to reaching an agreement to transfer Russell Westbrook to Los Angeles may have been the biggest pre-free agency surprise. This has set the tone for an exciting offseason.

Free agency this year includes players like John Collins, DeMar DeRozan, Chris Paul, who will ball be looking at big paydays. A few general managers with cap space will try to entice such players away from their present clubs to raise their respective organisations.

The biggest head-turner is Kawhi Leonard announcing that he will be an unrestricted free agent this year. It is relatively straightforward that he will be set to sign a max contract come to the signing date.

It is all set to be an exhilarating offseason that will set the championship tone going forward.

Here is all you need to know about the best free agents in the NBA 2024, as well as the franchises with the greatest cap space.

NBA Free Agency 2024 Start Date

NBA free agency starts on the 2nd August at 6 pm E.T. Teams can officially start negotiating with free agents from that time onwards. The reality of the situation is that most agreements have been made verbally. The paperwork that needs to complete can be signed from Aug. 6 at 12:01 p.m.

NBA Free Agency 2024 Player Rankings

Point Guards

Chris Paul (P)PHX36All-NBA$30-35M
Kyle LowryTOR35Top Starter$22-24M
Mike ConleyUTH33Top Starter$20-22M
Spencer DinwiddieBKN28Top Starter$18-20M
Lonzo Ball ®NOP23Top Starter$18-20M

Shooting Guards

Norman PowellPOR28Top Starter$18-20M
Tim Hardaway Jr.DAL29Top Starter$14-16M
Evan FournierBOS28Starter$14-16M
Gary Trent Jr. ®TOR22Starter$14-16M
Will BartonDEN30Starter$10-12M

Small Forwards

Kawhi Leonard (P)LAC30Franchise$39M
DeMar DeRozanSAS31Top Starter$25-27M
Duncan Robinson ®MIA27Starter$14-16M
Josh Hart ®NOP26Key Reserve$10-12M
Doug McDermottIND29Starter$10-12M

Power Forwards

John Collins ®ATL23Top Starter$24-26M
Kelly OlynykHOU30Starter$12-14M
Lauri Markkanen ®CHI24Starter$10-12M
JaMychal GreenDEN31Key Reserve$6-8M
Jeff GreenBKN34Key Reserve$4-6M


Jarrett Allen ®CLE23Top Starter$18-20M
Richaun HolmesSAC27Starter$12-14M
Andre DrummondLAL27Starter$10-12M
Serge Ibaka (P)LAC31Starter$8-10M
Nerlens NoelNYK27Starter$8-10M

NBA Free Agency 2024: Teams with most projected cap space

The salary cap is speculated to be around  $112.4 million, approximately a 3 per cent jump. This would put the luxury tax around the  $136.6 million marks.

Let us take a look at the teams with maximum cap space, according to ESPN’s report.

TeamPossible cap space
1. Spurs$50 million
2. Knicks$47 million
3. Pelicans$36 million
4. Thunder$36 million
5. Bulls$32 million
6. Heat$21.5 million
7. Hornets$20.5 million
8. Mavericks$19 million

READ: NBA Salary Cap 2024 Explained

Key Dates for Remaining Offseason

August 2: Teams can begin negotiating with free agents at 6 p.m. ET

August 6: Teams can officially sign free agents beginning at 12 p.m. ET

August 8-17: MGM Resorts NBA Summer League in Las Vegas

September 28: Training camps begin

October 19: Start of the regular season