Then, Monday, the Rockets agreed to sign veteran forward Dorian Finney-Smith to a four-year, $53 million deal, according to league sources. Houston also agreed to a deal to reacquire former center Clint Capela, one that will pay the 31-year-old $21.5 million over the next three seasons, a league source said.

The NBA’s summer free agency period officially opened Monday at 6 p.m. Eastern. Eligible players are now able to start agreeing to deals with teams. Few suitors have significant salary cap space to spend this summer.

Shai Gilgeous-Alexander and the Oklahoma City Thunder have agreed on a record-setting four-year, $285-million extension that would give him the highest single-season average salary in NBA history, a person with knowledge of the agreement said Tuesday.

The Lakers were delivered some bad news on LeBron James on Sunday when he opted in to the final year of his contract with the team, but did not seek the usual one-and-one deal (one year signed, plus a player option) he has always gotten in the past.

The Lakers may be thinking too far into the future that they forgot to deal with the present in this year's free agency.