According to ESPN's Adrian Wojnarowski, Phoenix Suns forward Royce O'Neale plans to sign a four-year, $44 million contract to remain with the team. After being moved by the Brooklyn Nets ahead of the trade deadline last season, the 31-year-old appeared in 30 games for the Suns, averaging 8.1 points, 5.5 rebounds, and 2.7 assists while shooting 37.6% from deep. Phoenix doesn't have much cap space to work with this offseason, so retaining O'Neale is a big move for a team hoping to enter the championship conversation. While he won't be a consistent starter, he should play enough to give him value for fantasy managers. O'Neale's shooting percentage from deep will make him even more coveted by category participants.

The Atlanta Hawks declined to extend a qualifying offer to forward Saddiq Bey, making him an unrestricted free agent. The former Villanova Wildcat averaged 13.7 points, 6.5 rebounds, and 1.5 assists in 2023-24. Unfortunately, he tore his ACL, limiting him to 63 games. Without a doubt, Bey will draw interest from teams around the National Basketball Association, especially from teams with cap space. While his fantasy outlook hinges on where he'll end up for the 2024-25 campaign, he should remain a relatively reliable producer for managers as long as he stays healthy.

Forward/center Kevin Love declined his $4 million player option with the Miami Heat on Saturday. The veteran finished last season by averaging 8.8 points, 6.1 rebounds, and 2.1 assists. However, he appeared in just 55 games. Without question, Love's best days are behind him. While there's a chance he could return to Miami, it won't make him a consistent fantasy option, even though he should have a handful of productive showings during the 2024-25 campaign regardless of where he ends up.

Los Angeles Lakers guard D'Angelo Russell picked up his $18.7 million player option on Saturday. The 28-year-old had one of the best seasons of his career in 2023-24, finishing the campaign by averaging 18.0 points, 6.3 assists, and 3.1 rebounds while shooting a career-high 41.5% from behind the arc. Despite Russell's decade of service in the National Basketball Association, he's showing no signs of slowing down. He also played in 76 games last season, his most since 2018-19, so his fantasy worth may continue to climb if he continues to stay healthy moving ahead.

Los Angeles Clippers guard Russell Westbrook exercised his $4 million player option with the team on Saturday. The 35-year-old has been one of the most productive players in the history of the National Basketball Association. However, he is coming off arguably the worst year of his career, finishing the 2023-24 campaign by averaging 11.1 points, 5.0 rebounds, 4.5 assists, and 1.1 steals. Westbrook likely will remain a bench option in 2024-25. Still, his fantasy outlook could improve if the Clippers can't bring back Paul George, who isn't a lock to remain in Los Angeles moving ahead.

According to Shams Charania of The Athletic, forward LeBron James declined his $51.4 million player option with the Los Angeles Lakers. However, while the multi-time All-Star is heading toward unrestricted free agency, he's expected to re-sign with the Lakers on a new deal. Despite his age, James is still one of the most potent players in the National Basketball Association, recently finishing the 2023-24 campaign by averaging 25.7 points, 8.3 assists, 7.3 rebounds, and 1.3 steals. He battled nagging injuries all last season and was limited to 71 games. Still, fantasy managers should expect at least one more year of production from James in 2024-25, although he could have at least a few more solid seasons left in the tank.

The Pistons declined the team option on guard Evan Fournier. He is now heading toward unrestricted free agency. The 31-year-old began the 2023-24 campaign with the Knicks. However, he appeared in only three games for New York before being moved ahead of the trade deadline. Fournier suited up in 29 games for the Pistons, and he finished the year by averaging 7.2 points and 1.9 assists. He was due to make $19 million had Detroit kept him, so this move wasn't surprising. Still, Fournier will likely find work elsewhere in the National Basketball Association, although he probably won't see much action, considering his production has declined significantly over the last few seasons.

The Hawks acquired guard Dyson Daniels (along with Larry Nance Jr., EJ Liddell, and two first-round picks) from the Pelicans in exchange for Dejounte Murray. While the departure of Murray means Atlanta lost an All-Star-caliber superstar, the Hawks received an up-and-coming player in Daniels, who has shown flashes of promise since entering the league in 2022. He finished last season by averaging 5.8 points, 2.7 assists, and 1.4 steals. However, he was limited to 61 contests after suffering a torn meniscus in his left knee, resulting in surgery. With that in mind, if Daniels gets consistent minutes and avoids the injury report, it's reasonable to assume he could at least double his scoring average from last season.

The Hawks acquired forward Larry Nance Jr. from the Pelicans as a part of the trade that sent Dejounte Murray to New Orleans. Nance began his career with the Los Angeles Lakers and made stops in Cleveland and Portland before landing in New Orleans. Since his most productive season with the Cavs in 2019-20, his statistical contributions have declined over the years, and he finished the 2023-24 campaign by averaging just 5.7 points and 5.0 rebounds. Nance will likely play sparingly this season, so he won't draw much attention from fantasy managers. Also included in Friday's trade, the Hawks receive EJ Liddell, Dyson Daniels, and two first-round picks.

Miami Heat guard Josh Richardson picked up his $3 million player option on Friday. The veteran's production has declined over the last few years, and he finished the 2023-24 campaign by averaging 9.9 points while shooting 34.7% from behind the arc, one of the lowest percentages of his career. Even worse, he was limited to just 43 games due to a shoulder injury that required surgery. Richardson's production likely won't improve in 2024-25, considering he's not expected to be a regular in Erik Spoelstra's rotation.

According to ESPN's Adrian Wojnarowski, the Hawks traded guard Dejounte Murray to the Pelicans in exchange for Larry Nance Jr., E.J. Liddell, Dyson Daniels, and two first-round picks. The backcourt pairing of Murray and Trae Young didn't work, so the 27-year-old will head to New Orleans, a team hoping to re-enter the championship conversation. Murray finished last season by averaging a career-high 22.5 points with 6.4 assists, 6.3 rebounds, and 1.4 steals. Without question, he's an All-Star caliber player, and his fantasy value should improve even more if he becomes New Orleans' primary ballhandler in 2024-25. While Murray's shooting percentages aren't the best, category managers will still get a reliable fantasy asset, even more so since he's played at least 74 games in each of the last two seasons.

Charlotte Hornets guard Seth Curry has been waived by the organization on Friday. The Hornets decided Curry wasn't worth the $4 million deal, but have expressed interest in bringing back the veteran guard. It's hard to imagine Curry returning to Charlotte as he'll likely want to play for a more competitive organization considering he's at the back-end of his career. The 33-year-old is a viable three-point shooter but doesn't offer much value outside of that.

Los Angeles Clippers forward P.J. Tucker has accepted his $11.5 million player option for next season. This seems like a no-brainer for Tucker who probably wasn't going to get a better offer in free agency. The 39-year-old is still a reliable defender, but Tucker doesn't offer much upside on the offensive end of the ball. He'll didn't offer much fantasy value with the Clippers last season. He'll probably have a similar role with the team again, which minutes he'll likely only see minutes in the teens. That being said, fantasy managers can ignore Tucker on draft day.

Indiana Pacers forward Jalen Smith is expected to decline his $5.4 million player option for the 2024 season. This doesn't come as a surprise considering Smith should be able to earn much more than that in free agency. Smith posted career highs in field goal percentage and three-point percentage last season. He took a solid step forward during his fourth season and should have no shortage of suitors this offseason. Smith should be able to produce reliable fantasy value with basically any organization.

Toronto Raptors forward Bruce Brown will stick with the organization after they've accepted his $23 million player option for the 2024 season. It's a little odd to see the Raptors bringing back Brown considering he was average at best during his time in Toronto last season. On a one-year deal, Brown should be a valuable trade asset if the Raptors decide to move him in the offseason or mid-season. His stats did decline in Toronto, but he should still have some fantasy value regardless of where he's playing.

Golden State Warriors guard Chris Paul has agreed to push back the date to his $30 million guaranteed contract for the 2024-2025 season. The veteran guard will push back the date until late Sunday night. Doing that gives the Warriors a chance to explore trade partners for the All-Star guard. Paul certainly isn't in his prime anymore, but he can still contribute to an NBA roster. He should still be able to be a viable fantasy option depending on what team decides to pick him up.

New Orleans Pelicans forward Brandon Ingram has been one of the bigger dominoes in the early goings of this offseason. At first, there were reports that the Pelicans were unlikely to offer him a max contract. Now, it seems the team is trying to get a deal done, but they are prepared to search the trade market if they don't get a deal done that is friendly for both sides. The Philadelphia 76ers are one of the teams interested in a trade as they search for a third star to pair with Joel Embiid and Tyrese Maxey. Other teams mentioned are the Cleveland Cavaliers and Atlanta Hawks, but they would have more hoops to jump through in terms of contract numbers. According to Jake Fischer, one team that could emerge as a trade suitor is the Sacramento Kings who are looking to upgrade from Kevin Huerter and Harrison Barnes.

Golden State Warriors guard Klay Thompson hasn't progressed with contract talks and the expectation is now that he's going to become an unrestricted free agent. According to Sam Amick and Anthony Slater of The Athletic, two teams that are interested in the four-time champ are the Philadelphia 76ers and Denver Nuggets. The Sixers have more cap space at the moment with over $60 million available and a whole team that they still have to construct. The Nuggets, on the other hand, have been shedding salary and don't seem likely to retain Kentavious Caldwell-Pope. Thompson hasn't been the same impact player that he was before the major injuries, but his shooting and defense can still help a high-level team at this point.

Detroit Pistons guard Quentin Grimes will be moved to his third team in the same calendar year. As reported by Adrian Wojnarowski, the Pistons have agreed to trade him to the Dallas Mavericks for Tim Hardaway Jr. and three second-round picks. Grimes was moved to the Pistons from the New York Knicks before the trade deadline this year in the same deal that sent Bojan Bogdanovic and Alec Burks to New York. Grimes is currently on an expiring deal, so it looks like the Mavericks made this move to shed salary, and it's unclear if Grimes will stay on the roster. This past season, he averaged 7.0 points, 2.0 rebounds, and 1.3 assists per game in 51 total appearances.

Dallas Mavericks guard Tim Hardaway Jr. is on his way to Detroit on Friday after the two sides agreed to a trade. According to Adrian Wojnarowski, Hardaway and three second-round picks are going to the Pistons while Quentin Grimes is coming to Dallas. The veteran shooter was a mainstay in the team's offense over the last five seasons. When it came to their Finals run this season, Hardaway was relegated to the bench and saw the least amount of time on the court in his Dallas tenure. He played 12.7 minutes per contest throughout the playoffs and didn't get on the court at all at some points. During the regular season, he averaged 14.4 points, 3.2 rebounds, 1.8 assists, and 2.7 threes per game while shooting .402/.353/.852.