On Monday, the NBA announced that the salary cap has been set at $154.647 million for the 2025-26 season, while the tax level is $187.895 million. The first apron level is set at $195.945 million, and the second apron level is $207.824 million. The salary cap and tax level went into effect at 12:01 a.m. ET on Tuesday.

The NBA's first seven-team trade is official on Sunday with the start of the new league year as 15-time All-Star forward Kevin Durant is moving from the Phoenix Suns to the Houston Rockets, ESPN reported.

NBA free agency officially began Monday, and the first stunner came the following morning when Myles Turner, the top free agent on the board, agreed to join the Bucks on a four-year deal. That's a surprise on its own.