Haliburton will miss the entire 2025-26 season while recovering from surgery on his right Achilles tendon, Shams Charania of ESPN reports.

Haliburton tore his right Achilles in Game 7 of the NBA Finals on June 22 and underwent surgery the following day. Any hope of a return during the 2025-26 campaign was shut down Monday, when Pacers president Kevin Pritchard stated plainly, "He will not play next year though. We would not jeopardize that now. So don't get any hopes up that he will play." Haliburton has cemented himself as the face of the franchise and played a key role in Indiana's run to the NBA Finals during the 2024-25 playoffs, averaging 17.3 points, 8.6 assists, 5.3 rebounds and 1.3 steals in 33.5 minutes across 23 postseason games. During the 2024-25 regular season, the 2020 first-round pick averaged 18.6 points, 9.2 assists, 3.5 rebounds and 1.4 steals over 73 appearances.

Micic was waived by the Bucks on Monday, Eric Nehm of The Athletic reports.

The 31-year-old was traded to the Bucks in exchange for Pat Connaughton and two second-round picks, though Milwaukee waived Micic and agreed to a contract buyout. He gave back $6.1 million, with the Bucks stretching the remaining $2 million on his contract over the next three seasons. The guard is now expected to explore other opportunities in both Europe and the NBA. He averaged 6.6 points, 3.1 assists and 2.2 rebounds per game across 41 regular-season appearances (16 starts) between the Hornets and Suns in 2024-25.

Luis (knee) has been ruled out for Monday's Summer League matchup against the Grizzlies, Andy Larsen of The Salt Lake Tribune reports.

Luis won't make his professional debut Monday due to left knee soreness. The wing signed a two-way contract with the Jazz after going undrafted in the 2025 NBA Draft. He starred at St. John's last season, averaging 18.2 points, 7.2 rebounds, 2.0 assists and 1.4 steals in 31.7 minutes per game while shooting 43.9 percent from the field and 33.6 percent from three over 35 appearances. His next chance to suit up will come Tuesday against the Thunder.

Banchero agreed to a five-year maximum rookie extension with the Magic on Monday that could reach $287 million, Shams Charania of ESPN reports.

Banchero is now locked in with the Magic on a long-term pact after spending the first three years of his career in Orlando. The star forward has already earned one All-Star selection and will look to lead the team on a deep playoff run alongside Franz Wagner, Desmond Bane and Jalen Suggs next season. Banchero appeared in only 46 regular-season outings in 2024-25 due to a right oblique strain, averaging 25.9 points, 7.5 rebounds, 4.8 assists and 1.9 three-pointers while shooting 45.2 percent from the field across 34.4 minutes per game.

Lowry has agreed to sign a one-year, $3.63 million contract with the 76ers, Shams Charania of ESPN reports.

Lowry is set to return to Philadelphia to participate in his third season with the 76ers. The veteran floor general was limited to 35 games last year, having averaged a career-low 3.9 points, 2.7 assists and 1.9 rebounds in 18.8 minutes per contest. With Jared McCain (knee) still recovering from a torn meniscus, it's possible Lowry will open the new campaign as Tyrese Maxey's (finger) top backup at point guard.

Bufkin, who underwent season-ending surgery Jan. 7 to address right shoulder instability, has been fully cleared for Summer League, Grant Afseth of RG.org reports.

Bufkin missed the final three months of the 2024-25 season. His rookie season was sabotaged by injuries as well, with the No. 15 overall pick in the 2023 NBA Draft having just 27 regular-season appearances under his belt with the Hawks. He's likely to be a featured player for the Hawks during the Summer League, although Afseth reports that he's expected to appear in only a few games before the team shuts him down. Bufkin has a real shot at carving out a rotation role this year.

Thunder general manager Sam Presti said in a June 29 press conference that Sorber won't play in the Salt Lake City and Las Vegas Summer Leagues while the rookie center recovers from Feb. 26 surgery on his left foot. "He is still in the return-to-performance phase, and the draft process doesn't really allow for great progress in that because he is traveling all over the place," Presti said of Sorber.

Sorber, the No. 15 overall pick in the 2025 NBA Draft, had his freshman season at Georgetown come to an end in mid-February, when he developed a case of turf toe and required a procedure. Though foot injuries for big men like the 6-foot-9, 270-pound Sorber can often present long-term concerns, the fact that his surgery addressed turf toe rather than repairing a fracture offers hope that the 19-year-old might be ready to go for the start of training camp. For what it's worth, the Thunder are listing Sorber on their summer roster, which could signal that he'll be able to practice with the team in some capacity.

The Heat traded Anderson and Kevin Love to the Jazz on Monday in a three-team deal that sent John Collins (ankle) to the Clippers and Norman Powell to the Heat, Shams Charania of ESPN reports.

Anderson has two years left on his contract valued at a total of $18.8 million. The Jazz acquired a 2027 second-round pick via Los Angeles to absorb his contract, however. If the Jazz intend to keep him around, Anderson could be a valuable veteran mentor for Utah's young roster. Anderson made just 61 regular-season appearances in 2024-25, posting averages of 5.9 points, 3.4 rebounds and 2.4 assists in 16.4 minutes.

The Jazz traded Collins (ankle) to the Clippers on Monday in a three-team deal that sent Norman Powell to Miami, while Utah received Kevin Love, Kyle Anderson and a 2027 second-round pick, Shams Charania of ESPN reports.

After appearing in only 40 regular-season games in 2024-25, Collins exercised his $26.58 million player option for 2025-26. Given the current trajectory in Utah, it was only a matter of time before Collins' expiring contract was moved. The veteran's fit in Los Angeles remains unclear, but whether he's starting in the frontcourt with Kawhi Leonard or operating in a sixth-man role, Collins should be a key piece for the Clippers next season.

The Heat traded Love and Kyle Anderson to the Jazz on Monday in a three-team deal that sent John Collins (ankle) to the Clippers and Norman Powell to the Heat, Shams Charania of ESPN reports.

Love obviously doesn't fit Utah's timeline, but the Jazz picked up a 2027 second-round pick from Los Angeles to entice them to flip Collins' expiring contract. With that said, it remains to be seen if Love will stick around in Utah. Love, who will be entering his age-37 season, made just 23 regular-season appearances in 2024-25 with averages of 5.3 points, 4.1 rebounds and 1.0 assists.