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Offseason Observations: Tax Rates, Extensions, Kuminga/Giddey

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NBA Offseason Update: Extensions Signed, Key RFAs Still Negotiating
nba-offseason-august-2025-update

The NBA’s news cycle has quieted since Summer League wrapped up, but several significant personnel matters remain unresolved as of August 11, 2025.

Major extensions completed in early August

Since the start of the month, three All-Star guards have secured new long-term deals. Luka Doncic, De’Aaron Fox and Mikal Bridges each agreed to lucrative contract extensions, keeping them with their current teams well into the future.

Top restricted free agents still on the market

Negotiations continue for four prominent restricted free agents. Jonathan Kuminga, Josh Giddey, Quentin Grimes and Cam Thomas have not yet finalized new contracts and remain in discussions with their respective clubs.

Luxury tax questions linger

Teams across the league are monitoring the NBA’s updated luxury-tax structure, calculating how the revised rates could influence projected tax bills for the 2025-26 season.

Impact of updated extend-and-trade rules

Front offices are also weighing the league’s modified extend-and-trade regulations, which could shape decisions involving players moved earlier in the summer.

Kuminga/Giddey sign-and-trade scenario

League observers are watching to see whether a potential double sign-and-trade involving Kuminga and Giddey can be executed under the current collective bargaining agreement.

While overall transaction volume has dipped, the combination of ongoing negotiations, evolving tax considerations and possible trade machinations ensures that August remains a consequential month on the NBA calendar.

Source: Hoops Rumors

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