Usually, the NBA’s free agent frenzy comes and goes in a blink. The opening bell rings on June 30th and the best players are all settled in the next few hours and days.
But things are off to a slower start in 2026, no doubt in part because of the surprising availability of LeBron James and several notable restricted free agents dictating how teams want to allocate their money. A number of free agents re-signed with their teams between the end of the Finals and the beginning of free agency, but the first night was relatively slow when it came to big moves.
But even if free agency is taking its time, a number of meaningful moves came on Tuesday — the blockbuster trade of Kawhi Leonard in particular — along with news of James’ free agency. So let’s pick some winners and losers from all of Tuesday’s movement.
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Loser: Los Angeles Lakers
Hours before free agency was set to officially begin, James let the Lakers know that he would not re-sign with the franchise, ending his eight-year tenure in Los Angeles.
“Truly an honor to wear the [purple and gold] while trying to continue the greatness & legacies that came before me! Hope I made a few proud during my stint,” James wrote on social media after the team announced his departure.
While you could make the case that the Lakers will be better off in the long run by turning the team over to Luka Doncic and Austin Reaves, they still have to be considered losers from the first day of free agency. I mean, come on, LeBron James is walking out the door.
Even at 41 and entering a historic 24th season, James remains a top 20-25 player in the league. Last season, he averaged 20.9 points, 6.1 rebounds and 7.2 assists, and was one of 10 players to average 20/5/5. He’s also still one of the most popular athletes alive and provides a major economic boost to whichever team he’s on. Even the Lakers will suffer on that front without him. — Jack Maloney
No, THANK YOU! Truly a honor to wear the 💜💛 while trying to continuing the greatness & legacies that came before me! Hope I made a few proud during my stint. 🙏🏾🫡👑 https://t.co/RmQ6uvvgv0
— LeBron James (@KingJames) June 30, 2026
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