LeBron James headlines the top potential NBA free agents in 2024

LeBron James, renowned for his illustrious career, has ventured into free agency three times, switching teams each time. Now, as he approaches the possibility of free agency once again this summer, the count may rise to four.

The spotlight is on the Los Angeles Lakers’ superstar as he heads the list of potential NBA free agents in 2024. At the age of 40, James faces a crucial decision regarding his $54.1 million player option.

However, uncertainty looms not only for James but also for other Los Angeles basketball luminaries. Forward Paul George of the Clippers holds a $44.1 million player option for the upcoming season, while guard James Harden is in the final stretch of his contract.

Among the notable unrestricted free agents besides Harden are Pascal Siakam of the Indiana Pacers, Klay Thompson of the Golden State Warriors, and DeMar DeRozan of the Chicago Bulls.

Additionally, guard Tyrese Maxey of the Philadelphia 76ers leads the pack of restricted free agents.

So, which other players could hit the open market? And when will the free-agent frenzy begin? Here’s what to know about 2024 free agency:

When does NBA free agency start in 2024?

Teams will be allowed to negotiate with their own pending free agents starting the day after the NBA Finals conclude. For reference, the Finals can end as early as June 14 and as late as June 23.

On June 30 at 6 p.m. ET, teams can start negotiating with all other free agents. Deals can’t be signed until 12:01 p.m. ET on July 6.

What is the NBA salary cap for the 2024-25 season?

The reported salary cap for next season is an estimated $141 million, which would mark roughly a $5 million increase from 2023-24.

Which NBA teams have the most cap space in 2024 free agency?

According to Spotrac’s practical cap space projections, there are seven teams set up to be under the cap, including three that reached the 2023 playoffs:

1. Detroit Pistons: $60.1 million

2. Philadelphia 76ers: $55.5 million

3. Utah Jazz: $37.5 million

4. Oklahoma City Thunder: $35.3 million

5. San Antonio Spurs: $27.3 million

6. Orlando Magic: $19.1 million

7. Charlotte Hornets: $2.6 million