4 NBA free agency winners and 3 losers after wave of 2025 player movement

NBA free agency remains ongoing, but at this point most of the top players have come off the board. Next season’s NBA championship picture is already taking shape, and there are some clear winners and losers from the offseason.

The reigning champion Oklahoma City Thunder will head into next season as the favorites to repeat, but they will have some stiff challengers out West after some moves made this summer. The Eastern Conference looks considerably more wide open thanks to season-ending Achilles injuries from Jayson Tatum, Tyrese Haliburton, and Damian Lillard. Two teams that were in the play-in last season suddenly feel like legitimate contenders in the East. After

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