As has become the norm in recent NBA offseasons, most of the moves for 2025's free agency-period were reported the first couple days after negotiations were allowed to start.

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.

Jake LaRavia, Deandre Ayton, and Marcus Smart headline Lakers’ calculated but impactful 2025 free agency class.

A top trade candidate this offseason came off the board on Saturday when the Los Angeles Lakers agreed to sign former Defensive Player of the Year Marcus Smart to a two-year, $11 million deal following his buyout by the Washington Wizards,

The Los Angeles Lakers have added to their frontcourt depth by signing two players, including a member of last year's team

The Los Angeles Lakers' offseason has been a rollercoaster thus far. Amid the flurry of recent offseason moves and rumors, NBA insider Jake Weinbach sparked trade speculation around Lakers guard Austin Reaves in light of the team's approach towards roster construction.

The Nuggets and Rockets have improved their rosters in free agency while the Lakers and Bucks have made head-scratching moves.

This is The Athletic’s daily sports newsletter. Sign up here to receive The Pulse directly in your inbox. Good morning! We hope you executed a sign-and-trade to acquire some hot dogs. NBA free agency is more or less over.