Paul Millsap remains one of the most prominent free agents on the market and has received interest from a number of teams.

The Brooklyn Nets, Golden State Warriors, Chicago Bulls and Los Angeles Clippers are all interested in Millsap.

Millsap spent the past four seasons with the Denver Nuggets and is coming off a one-year, $10 million deal. 

The Memphis Grizzlies are trading guard Eric Bledsoe to the Los Angeles Clippers for guards Patrick Beverley, Rajon Rondo and center Daniel Oturu.

Memphis had acquired Bledsoe earlier this offseason in a three-team trade with the New Orleans Pelicans and Charlotte Hornets. The Grizzlies also acquired Steven Adams and the draft rights to Ziaire Williams in the deal. The Pelicans acquired Jonas Valanciunas, Devonte Graham (via sign-and-trade) and the draft rights to Trey Murphy III. Charlotte acquired Wesley Iwundu and a first round pick from New Orleans.

Beverley had played for the Clippers since 2017, when he was acquired in a trade that sent Chris Paul to the Houston Rockets. Rondo was traded to the Clippers from the Atlanta Hawks at the 2021 trade deadline. Oturu was drafted by the Clippers at the 2020 NBA Draft.

Kawhi Leonard chose a longer-term deal instead of potentially signing a two-year, $82 million deal with a player option in 22-23 and becoming a free agent again in 2022, which would have made him eligible to sign a five-year, $235 million max contract with the Los Angeles Clippers.

Leonard also could have signed a four-year, $187 million extension had he opted into the $36 million he was set to earn in the 21-22 season.

Leonard instead is on a three-plus-one $176.3 million contract in which he can reenter free agency in 2024.

Leonard, however, will be eligible to sign an extension in 2023. Leonard almost certainly will miss the entire 21-22 season, which would make his extension eligibility coincide with his first season back.

Kawhi Leonard has signed a four-year contract with the Los Angeles Clippers worth $176.3 million, which includes a player option for Year 4.

When Leonard first joined the Clippers, he signed a two-plus-one contract. Leonard declined his $36 million player option for 21-22 to become a free agent this offseason. Leonard was always widely expected to re-sign with the Clippers.

Leonard suffered a torn ACL in the Western Conference Semifinals and could miss the entire 21-22 season.

“Kawhi is a transcendent player and a relentless worker who improves himself every day,” said Lawrence Frank. “We share many of the same goals, which include a long-term relationship. This agreement marks another important moment for our franchise and our fans, as we strive to create a championship-caliber organization, where players find the success and fulfillment they seek. We’re eager to continue building with Kawhi. For now, we will do whatever we can to support him in his recovery from injury. We look forward to seeing him back where he wants to be, on the court with his teammates.” 

Paul George signed a four-year, $190 million extension last December. Both Clippers' stars have player options in their contracts aligned for the 24-25 season.

The Los Angeles Clippers have signed Jason Preston to a contract with the first two seasons guaranteed and a team option for the third.

Preston was the 33rd overall pick in the draft out of Ohio. Preston averaged 15.7 points, 7.3 rebounds and 7.3 assists in 34.5 minutes per game this past season.

The Los Angeles Clippers have signed B.J. Boston to a two-year guaranteed contract.

The Clippers targeted Boston in the draft and paid to acquire the 51st overall pick to select him.

The Clippers also have a team option on Boston's contract for Year 3. 

Kawhi Leonard has decided he will re-sign with the Los Angeles Clippers.

Leonard and the Clippers are still discussing terms.

Leonard was widely expected to remain with the Clippers as rival teams had moved on to other business this offseason. Leonard will miss most if not all of the 21-22 season returning from surgery on his ACL.

The Clippers first signed Leonard during the 2019 offseason. 

Reggie Jackson has agreed to a two-year, $22 million deal with the Los Angeles Clippers.

The contract is the maximum the Clippers can pay Jackson under CBA rules as a team over the cap.

Jackson averaged 10.7 points, 2.9 rebounds and 3.1 assists in 23.0 minutes over 67 games in his first full season with the Clippers. 

In the Western Conference Finals after the Clippers lost Kawhi Leonard, Jackson averaged 20.3 points, 4.3 rebounds and 3.7 assists.

DeMar DeRozan was preparing to meet with the Los Angeles Clippers about one hour before he came to terms with the Chicago Bulls on a three-year, $85 million deal. The Clippers would have had to clear cap space to sign DeRozan in the form of Luke Kennard, Patrick Beverly and possibly other players, so they would have had to realistic use a sign-and-trade to acquire him.

DeRozan was not prepared to sign with any team at the midlevel exception or taxpayer midlevel. 

Talks with the Bulls progressed to a deal for DeRozan and the Clippers were informed while they were in transit that a deal had been reached. DeRozan was also preparing to meet with the Los Angeles Lakers.

Marc Eversley was cited as a big factor in Chicago's ability to sign DeRozan. Eversley was familiar with DeRozan from their days with the Toronto Raptors. 

The Golden State Warriors and Brooklyn Nets are each currently slated to have a luxury tax penalty in excess of $100 million.

Based on their current roster, the Warriors' bill is estimated at $185 million while the Nets will pay $122 million. The highest luxury tax bill in NBA history belongs the 13-14 Brooklyn Nets at $90.6 million.

If the Los Angeles Clippers re-sign Kawhi Leonard to his max, they will have a $54 million luxury tax bill.

The Los Angeles Lakers ($36 million), Utah Jazz ($29 million) and Milwaukee Bucks ($29 million) also have luxury tax penalties.