Three-time NBA champion Dwyane Wade decided to stay in Miami for next season, while Tim Duncan is playing on for a 19th season.
Dwyane Wade recommitted to the Miami Heat for the 2015-16 NBA season, accepting a one-year deal with $20million.
While Thursday did not have as much excitement as Wednesday's opening of free agency, there was some action on the transaction wire.
The most impactful signing of the day may have been Wade's decision to remain with the Heat for a 13th season.
It was an important signing for Miami, who missed the play-offs last season after reaching the NBA Finals in the four previous seasons and winning two championships.
Keeping Wade means the Heat will have a better chance of getting a big-name free agent to "take his talents to South Beach," as LeBron James did in 2010.
While Wade decided stay put, other players are on the move.
The Phoenix Suns sent Marcus Morris, Reggie Bullock and Danny Granger to the Detroit Pistons for future picks in what appears to be a salary dump.
Morris is the best player offered. The five-year veteran averaged about 10 points and five rebounds per game last season.
The Pistons, who also signed back-up centre Aron Baynes from the San Antonio Spurs, may try to move Morris and his $20m contract. If the Pistons choose to keep him, Morris would immediately become Detroit's starting small forward and could be a mentor to first-round pick Stanley Johnson.
The Milwaukee Bucks added power forward Greg Monroe to their roster from Detroit with a three-year contract worth nearly $50m and includes a player option for the third year, which would allow him to become a free agent again in 2017.
The 25-year-old Monroe gives Milwaukee a solid post presence on a young and talented roster that includes 20-year-old Giannis Antetokounmpo, Jabari Parker (20), Khris Middleton (23) and Michael Carter-Williams (23).
While the New York Knicks and Los Angeles Lakers were spurned by Monroe's decision to sign in Milwaukee, they have not given up on trying to sign other free agents.
Both teams continue their pursuit of Portland Trail Blazers centre Robin Lopez, who averaged 9.6 points and 6.7 rebounds last season.
The Lakers met with Lopez's Portland team-mate, LaMarcus Aldridge, for a second time on Thursday. Aldridge is the most sought-after free agent on the market, meeting with six teams but cancelling a meeting with the Knicks to visit Los Angeles again.
The Knicks are also in hot pursuit of free agent centre Jordan Hill, who averaged 12 points and eight rebounds last season with the Lakers.
If both the Knicks and Lakers strike out on major free agents, it could signal a passing of the guard away from major markets that used to be a desired attraction for players. Both New York and Los Angeles want to maximize the talent around respective superstars Carmelo Anthony and Kobe Bryant.
The Bucks gained a power forward in Monroe and lost one when 15-year veteran Kenyon Martin decided to retire. Martin averaged more than 12 points and nearly seven rebounds for his career.
Milwaukee also traded forward Jared Dudley to the Washington Wizards for a future draft pick, according to ESPN. Dudley recently opted into the final year of his contract at $4.25m, and fills a need for the Wizards, who lost veteran wing Paul Pierce to the Los Angeles Clippers.
While Martin decided to retire, Spurs centre Tim Duncan will return for a 19th NBA season. The Spurs are also interested in Aldridge, who would pair nicely with Duncan having averaged 19.5 points and 11 rebounds per game over his career. In addition to the 39-year-old Duncan, the Spurs also kept would-be free agents Kawhi Leonard and Danny Green. Those moves helped the team trade centre Tiago Splitter to the Atlanta Hawks, to clear up $8.5m off San Antonio's payroll.
While the Blazers appear to be losing Aldridge and Lopez, they did agree to terms with point guard Damian Lillard on a five-year, $120m maximum contract.