2015 NBA Free Agency
Looking at 2015 NBA free agency. This page has a list of NBA free agency results so far; players who have agreed to deals.
Key 2016 NBA free agent dates:
July 1-6: Teams can negotiate deals with free agents.
July 7 and on: Teams can actually sign free agents
A complete 2016 free agency overview, team by team, will be on our NBA free agents page soon (late June, 2016). Also, we'll be updating our Free Agent Rankings page soon.
General NBA Free Agency Overview
May 25, 2015
In NBA free agency, players seek new contracts, whether with their current team or another squad elsewhere. They are NBA free agents. Unrestricted free agents can sign with any team that offers them a contract. Restricted free agents can do the same BUT the team they had just been a member of has the right to match that new contract and keep the player.
Therefore, if a team signs an unrestricted free agent, it's a done deal, that team has added that player. But if a team signs a restricted free agent (of another team), the original team could match the offer and keep him, so signing a restricted free agent (of another team) is a bit of a gamble. Because while the new team is waiting to see if the original team matches the offer, there's a chance some other free agent they also wanted signs elsewhere.
With the way the NBA is structured salary rule-wise, the many good players in need of a new contract often re-sign with their current team rather than go someplace new, because their current team can often sign them to a longer contract and for more money.
Often, you hear that a star player in NBA free agency may seek a new home, but in reality, the vast majority of teams in the league are at or above the salary cap limit and simply don't have the money available to sign a star.