The NBA's new media rights deals could surpass $7 billion per season, which would represent an increase of nearly 170 percent from its current $2.6 billion per deals with ESPN and TNT. According to reported figures, the combined rights fees from ESPN, Amazon and NBC (or TNT) are at $6.9 billion per season.

Amazon will pay approximately $1.8 billion per season, according to Andrew Marchand of The Athletic. The deal will include the Conference Finals every other year as they will alternate with whoever wins the third rights between NBC and TNT. It also will include the NBA Cup and In-Season Tournament. 

TNT can match NBC's offer of $2.5 billion per season and talks are ongoing.

ESPN's deal with the NBA, which includes the Finals and Conference Finals on an annual basis, will cost $2.6 billion per year.

A report in 2021 indicated that the NBA was seeking anywhere between $7 billion and $8 billion per year on its next deal. After a 2023 report cooled those expectations with a doubling of the current deal a more probable target, the NBA appears to be close to reaching its goal.

The future of Jimmy Butler with the Miami Heat has come into question after he missed their first round series against the Boston Celtics and is eligible in July for a contract extension worth up to $112.9 million over two seasons. Pat Riley was publicly non-committal on the possibility of an extension for Butler when he addressed the media this week.

"He has clearly wanted to be in Miami," said Shams Charania. "He has seen that as a perfect marriage of sorts."

The Heat tried to trade for Damian Lillard last offseason to improve their roster around Butler and Bam Adebayo. There are questions of whether the Heat roster is good enough to continue competing at a championship level as Butler ages. 

"It is interesting the back and forth that we're seeing, but I think Jimmy Butler has always made it clear he wants to be in Miami long-term, it's going to be about will they be able to pay him what he wants," said Charania.

Trae Young has left Klutch Sports and has signed with Aaron Mintz of CAA as his representation. 

Young joined Klutch in 2020 after his agent, Omar Wilkes, left Octagon for Rich Paul's agency. Wilkes left Klutch to join Fanatics in March 2023.

Young has a player option for the 26-27 season and has been the subject of trade rumors this offseason.

Christian Wood has exercised his $3 million player option for the 2024-25 season with the Los Angeles Lakers. Wood signed a two-year deal with the Lakers last summer, that included a player option for next season.

Wood appeared in 50 games in his first season in Los Angeles. He averaged 6.9 points and 5.1 rebounds in 17.4 minutes per game off the Lakers bench.

The Phoenix Suns' disappointing first round performance against the Minnesota Timberwolves has led to some speculation that they may have to break up their superstar duo of Kevin Durant and Devin Booker in order to field a more balanced roster.

"Do people in the league say that?" said Brian Windhorst on The Rich Eisen Show. "Yes, they do. I talk to multiple people who think that's what they're going to have to do that. Do the Suns say that? No, they do not.

"I think the Suns' intention is to keep all three of these star players. Tweak the roster, tweak some of their systems and processes and try to be better next year."

Windhorst also stressed how Durant spoke about how the Suns could benefit from continuity. 

The Suns have also yet to publicly decide the future of Frank Vogel as head coach.

LA Clippers front office executive Lawrence Frank covered a lot during his end-of-season media session. One of the topics was center Ivica Zubac, who had a career year. Frank said that the Clippers will have extension conversations with Zubac this summer.

The 7-foot center averaged a career-high 11.7 points per game last season. Zubac also grabbed 9.2 rebounds and blocked 1.2 shots per game.

Zubac has one year remaining on the three-year, $32.8 million extension he signed with LA in 2022. Zubac will make $11.7 million in 2024-25.

Jimmy Butler is eligible for a two-year contract extension with the Miami Heat worth as much as $113 million to cover the 25-26 and 26-27 seasons. Pat Riley revealed that the Heat have not internally discussed that possibility yet.

"We have not discussed that internally right now," Riley said. "We have to look at making that kind of commitment and when do we do it. We don't have to do it until 2025, actually. But we'll see. We haven't made a decision on it, and we haven't really in earnest discussed it."

Butler's injury issues will potentially be a factor in Miami's calculus.

"That's a big decision on our part to commit those kinds of resources unless you have somebody who's going to be there and available every single night," Riley said. "That's the truth."

Riley also criticized Butler's comments about the Boston Celtics and New York Knicks.

"If I was playing, Boston would be at home, New York damn sure would ... be at home," said Butler.

"I thought, 'Is that Jimmy trolling or is that Jimmy serious?' If you're not on the court playing against Boston or on the court playing against the New York Knicks, you should keep your mouth shut on the criticism of those teams," Riley said.

The Philadelphia 76ers plan to have a significantly different roster next season as they enter the 2024 offseason with approximately $65 million in cap space. Beyond Joel Embiid, Tyrese Maxey and Nick Nurse, there could be many new faces with the Sixers. 

"We're not going to have continuity," Morey said Monday at the 76ers' headquarters in New Jersey. "We'll have continuity with our stars and our head coach but we're going to have a lot of changes this season."

The Sixers won at a 65-win pace with Embiid, but went 16-27 without him.

"I feel like I could have done a better job with the players so that we were in a better spot to win without him," Morey said. "That said, we do spend 90% of the time figuring out how to win the title with him. It can't be a big focus, how we play without him. We know that team can't win a championship. It's really, how do we manage through it better? I felt like, on me, the depth wasn't quite there when he was out to win at the level we wanted to win at."

Tyronn Lue has one season remaining on his contract with the Los Angeles Clippers and the two sides have not held extension talks. Over the past few months, contract values or elite NBA head coaches has gone up dramatically with Steve Kerr, Gregg Popovich and Erik Spoelsta among the extensions.

"They have not discussed an extension with him the entire season," said Shams Charania. "Now, they're focus will be can we get an extension done with Ty Lue?"

The Los Angeles Lakers have been linked with interest in Lue. Lue and the Lakers were unable to agree to terms on a contract back in 2019.

The Los Angeles Clippers would like to retain both Paul George and James Harden this offseason, but so far they have tried to do at a discount. The Clippers signed Kawhi Leonard to a discounted extension worth $152.4 million over three years.

"This Clippers team fully intends to keep this group together, they want to bring back Paul George as a free agent or give him an extension, but they have not been able to reach an agreement with Paul George," said Shams Charania.

"They've made multiple contract offers below the max. They have not been able to reach a deal. They're going to keep trying."

If George tests free agency, there is a general expectation that he will be offered a max contract by the Philadelphia 76ers and Orlando Magic.