NBA free agency is underway, and after a week, some notable names remain unsigned. That includes Jonathan Kuminga and Josh Giddey, who are both restricted free agents this summer.

Several agreed-upon transactions are becoming official. Meanwhile, the Clippers, Heat and Jazz completed a deal involving Norman Powell and John Collins, while Bradley Beal appears likely to exit Phoenix.

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.