According to Shams Charania of ESPN, free agent forward Dean Wade signed a four-year, $39 million contract with the Philadelphia 76ers on Tuesday. Wade averaged 5.8 points, 4.2 rebounds, 1.5 assists, 0.4 blocks, and 0.7 steals while shooting 36.2 percent from beyond the arc in 22.3 minutes per game across 59 regular-season contests last season. The 29-year-old spent the first seven years of his career with the Cavs and should provide veteran depth in Philadelphia's frontcourt.

According to Shams Charania of ESPN, center Zach Collins (toe) agreed to a two-year, $17 million contract extension with the Chicago Bulls on Tuesday. A left wrist fracture and a season-ending right toe injury confined Collins to just 10 appearances during the 2025-26 season, as he averaged 9.7 points, 5.6 rebounds, and 1.5 assists in 18.4 minutes per contest. The Bulls are banking on a healthy return, with Collins projected to fill a reserve role in the frontcourt behind Nic Claxton (finger) and Jalen Smith (calf).

According to Shams Charania of ESPN, free agent guard Luke Kennard has agreed to a two-year, $13 million contract with the Phoenix Suns on Tuesday. The deal includes a player option for the second season. Kennard joins the Suns after suiting up for three different teams over the past two campaigns. Across 78 regular-season contests last season between the Hawks and Lakers, the 30-year-old averaged 8.4 points, 2.3 rebounds, 2.2 assists, and 0.7 steals in 21.6 minutes per game. Kennard could see plenty of backcourt minutes with Grayson Allen now in Charlotte.

Free-agent guard Keon Ellis has agreed to a two-year, $18 million guaranteed deal with the Brooklyn Nets, according to Shams Charania of ESPN. The deal includes a full mutual option that guarantees the full amount but allows both sides to revisit the contract next summer. Ellis averaged 6.7 points, 1.9 rebounds, 1.0 assists, 1.2 steals, and 0.6 blocks in 20.5 minutes last season while shooting 36.3% from three. Brooklyn is paying for defensive activity and spot-up shooting, not usage. He could earn a real rotation role, but his fantasy value needs more minutes and a bigger offensive workload.