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.

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.

Here's where you can find all the latest signings, trades, rumors and reports all in one place, updated constantly.

That baton was passed as soon as L.A. finalized the trade that sent out James' handpicked sidekick, Anthony Davis, to acquire Luka Dončić, a 26-year-old megastar more than capable of piloting the Purple and Gold well past the LeBron era.

LeBron James has been with the Lakers for seven years. He recently exercised his player option for the 2025-26 season, but could be open to exploring options outside Los Angeles.

The decision from LeBron James earlier this summer to pick up his player option for next season from the Los Angeles Lakers came with an important caveat from agent Rich Paul — the four-time NBA MVP wants the chance to win another championship before his career comes to an end.