NBA Teams' Money Moves: What's the Deal with the 2025 Free Agency?

The NBA Draft has concluded, and the focus now shifts to free agency. Teams are eager to invest heavily to secure a championship. However, they must first assess their financial standings. The salary cap is projected to increase by 10 percent, providing some financial relief.

Financial Disparities Among Teams

Not all teams are on equal footing financially. Some have more capital to allocate than others. For instance:

• Utah Jazz: In the red by nearly $15 million
• New Orleans Pelicans and Cleveland Cavaliers: Each owing over $87 million
• Golden State Warriors: Facing the deepest financial hole with over $111 million in debts

Boston Celtics' Strategic Moves

The Boston Celtics were on the brink of financial trouble, approaching the $500 million mark. However, they executed some shrewd transactions:

• Traded Jrue Holiday to Portland: Saved $32.4 million next season and $72 million thereafter
• Traded Kristaps Porzingis in a three-team deal: Freed up an additional $30.7 million

Impact of the Moves

These strategic moves were monumental for the Celtics:

• Saved approximately $180 million in luxury tax penalties
• Retained key players Jaylen Brown and Derrick White, crucial for the upcoming season, especially with Jayson Tatum recovering from an injury