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          Oklahoma City Thunder

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          NBA free agency 2025: Reaction and grades for the biggest signings

          After being traded to the Thunder this summer, Alex Caruso has now signed to a new extension. Ethan Miller/Getty Images
          • Kevin Pelton, ESPN Senior WriterDec 22, 2024, 06:55 PM ET
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            • Co-author, Pro Basketball Prospectus series
            • Formerly a consultant with the Indiana Pacers
            • Developed WARP rating and SCHOENE system
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          Which NBA stars are signing deals?

          While the focus will be on the Feb. 6 trade deadline, there will be still be players signing extensions that will keep them from entering free agency.

          Ahead of the 2024-25 regular season, several top stars such as the Philadelphia 76ers' Joel Embiid and Golden State Warriors' Stephen Curry signed new extensions. With a third of the season complete, the first notable midseason deal sees Alex Caruso sign a four-year extension worth $81 million that will keep him with the Western Conference leaders for the foreseeable future.

          As further signings get finalized, ESPN NBA Insider Kevin Pelton analyzes what it means for the rest of the 2024-25 season and beyond.

          MORE: Trade tracker | Trade grades | Outlook for all 30 teams

          Caruso inks new deal with West-leading Thunder

          • Agreed to reported four-year, $81 million extension with forward Alex Caruso