NBA Free Agency Has Officially Begun

The NBA’s GMs can relax, not because their work is done, but because they don’t have to worry about being fired or fined for illegal contact with sought after players that are under contract.

July 1, 2010 is finally here. Major networks, bloggers and even my colleague and I have been consumed by the possibilities this summer would have in store for individual players and the league itself.

With the amount of free agent talent available and massive cap space, the balance of power could easily be swung from the back-to-back champions Los Angeles Lakers to a team that hits the jackpot in the next week by signing two or three of the big names.

Of all the top notch talents available, Lebron James and Dwyane Wade sit firmly in the top two slots of most sought after players, though Wade has been acting as a recruiter for his Miami Heat, he’s projected to stay put.

Much has been speculated, but no one has signed on the dotted line as of yet. It’s 12:01 a.m. here on the East Coast and this is when the agents earn their pay.

Players can’t actually sign new contracts until July 8, so verbal agreements will mean nothing until then.

No Guts, No Glory Top Five Free Agents

1. Lebron James

2. Dwyane Wade

3. Chris Bosh

4. Dirk Nowitzki

5. Amar’e Stoudemire

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