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The NBA offseason is here, which means it's time to turn our attention to which trades will be coming down the pipeline. Along with the NBA draft (June 26-27) and the start of free agency (June 30), expect plenty of moves to materialize throughout the summer. Ahead of the draft, a couple of major moves have already made some splashes across the league, including the Chicago Bulls sending two-time All-Defensive guard Alex Caruso to the Oklahoma City Thunder for guard Josh Giddey, sources told ESPN's Adrian Wojnarowski. Sources also told Wojnarowski that the Brooklyn Nets are trading Mikal Bridges to the New York Knicks -- with the Nets getting a package that includes five first-round draft picks. In a separate deal, the Nets also exchanged some picks and swap rights with the Houston Rockets.
We'll be keeping tabs on every trade as they occur, including grades from ESPN NBA Insider Kevin Pelton.
MORE: Free agency grades roundup | Latest trade buzz, news, rumors
PRE-DRAFT TRADES June 25: Mikal Bridges to Knicks; Nets get five first-round picksNew York Knicks get: F Mikal Bridges 2026 second-round pick
Brooklyn Nets get: F Bojan Bogdanovic Four unprotected first-round picks (2025, 2027, 2029, 2031) 2025 protected first-round pick (via Milwaukee) 2025 second-round pick 2028 unprotected pick swap
June 25: Nets and Rockets trade picks, swaps after Bridges dealBrooklyn Nets get: Return of 2025 first-round swap Return of 2026 first-round pick
Houston Rockets get: 2025 first-round swap (via lesser of Houston/Oklahoma City for Phoenix) 2027 first-round pick (via Suns) 2029 first-round pick (via more favorable of Dallas and Phoenix) 2029 first-round swap (via less favorable of Dallas or Phoenix)
June 20: Alex Caruso to the Thunder; Josh Giddey joins the BullsOklahoma City Thunder get: G Alex Caruso
Chicago Bulls get: G Josh Giddey