Official announcement! Two early maximum salary renewals were reached, and the Nuggets received a substitute for Jokic as they wished

On July 14, another official announcement came from the NBA free market. The Thunder officially signed a five-year, $239 million early contract renewal with Chet Holmgren, while the Grizzlies and Jackson Jr. had a five-year, $240 million early contract renewal, and two contract renewals were officially reached; the Nuggets officially reached a 1-for-1 deal with the Kings, giving Saric to Valancius.

Thunder officially announced that it had completed a multi-year contract renewal with Chet Homgren. According to previous reports, the two sides signed $239 million in five years, up to $250 million. With the completion of this contract renewal, the Thunder and the three giants in the team have signed early contract renewals, with a total salary of US$822 million for the three new contracts. Homegren played 23 games in the playoffs, averaging 15.2 points, 8.7 rebounds and 1.9 blocks per game, and followed the team to win the championship. The Grizzlies officially announced that the team reached a multi-year contract renewal with Jackson Jr. According to previous reports, the two sides signed a five-year maximum salary contract of $240 million, of which the last year is the player option. In the 24-25 season, Jackson Jr. averaged 22.2 points, 5.6 rebounds and 1.5 assists per game, and the team also traded to send Bain away. However, after the Grizzlies reached an agreement with Jackson Jr., he suffered a toe injury while playing jungle ball and underwent surgery, which required a 3-5-month recovery period.

Nuggets officially announced that the team's deal with the Kings was officially concluded, and Saric was exchanged for Valancius. The 1-for-1 deal was finally achieved as expected. Valanciunas once wanted to give up joining the Nuggets and return to Europe to join the Panasinacos team. But after that, the Nuggets management began to act and talk to Valanciunas, and the two sides finally reached an agreement, and the latter would continue to stay in the NBA.

The Nuggets still value Valanciunas very much. In order to change his mind, they also converted his contract in the 26-27 season into a guarantee in advance. Previously, Valanciunas had two years and two years left for $20.4 million, of which the second year was insured, but now it has become full guarantee, which can also allow him to play in the NBA with peace of mind. With Valanciunas joining, Jokic finally has a qualified substitute in the new season, which will make him easier on the court.