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2026 NBA Offseason Winners and Losers So Far: Trades, Signings, and Massive Surprises

The 2026 NBA offseason has delivered a chaotic summer of blockbuster player movement, completely rewriting championship odds and reshaping team timelines across the league. From massive marquee trades to a squeezed salary cap environment, general managers have had to navigate fierce competition under strict tax apron rules. As always there are NBA offseason winners and losers due to adding or losing players in free agency or even lopsided trades that seem to favor one team over the other.

As training camp approaches, the landscape of professional basketball looks entirely transformed. Let’s break down the NBA offseason winners and losers of this wild summer.

2026 NBA Offseason Winners and Losers So Far

Philadelphia 76ers (Winners)

As far as NBA offseason winners and losers, the Philadelphia 76ers emerged as the undisputed titan of the summer. By pivoting off Paul George and packaging him with draft capital, the 76ers managed to land elite wing Jaylen Brown and secure the monumental free-agent signing of LeBron James. Teaming James and Brown alongside Joel Embiid and Tyrese Maxey instantly vaults Philadelphia from a competitive Eastern Conference tier into one of the top three or four favorites for the 2027 NBA title. Adding high-value rotation pieces like Dean Wade and Anfernee Simons further solidifies a masterclass of an offseason for the front office.

Washington Wizards (Winners)

Few franchises have completely flipped their long-term outlook quite like the Washington Wizards. Capitalizing on a stellar asset-management blueprint, the Wizards secured a major extension for Trae Young and welcomed star Anthony Davis. Paired with elite young talent like the top pick of the 2026 NBA Draft, AJ Dybantsa, and depth additions like veteran Khris Middleton, Washington looks primed to jump out of the lottery and make a legitimate push for the playoff brackets.

Los Angeles Lakers (Winners)

If you lose a player like James, that has to make you losers on a NBA offseason winners and losers list right? Not exactly. Losing a franchise icon like James is a bitter pill, but the front office in Los Angeles responded with aggressive, purposeful retooling. Rather than diving into a paralyzing rebuild, the Los Angeles Lakers locked up Austin Reaves on a massive max extension and orchestrated a trade to secure young center Walker Kessler. Combined with supporting cast additions like Sandro Mamukelashvili and Quentin Grimes, the post-LeBron era in LA has an energetic, clear direction.

Boston Celtics (Losers)

The biggest loser on my NBA offseason winners and losers list has to be the Boston Celtics. Weeks removed from shipping Brown out to Philadelphia, the decision still leaves a massive void in Boston. Settling for a return package centered around the complications of George’s contract trajectory feels like a step back for an organization accustomed to dictating the terms of the Eastern Conference.

The Celtics face immense pressure to prove that their altered core can keep pace with an aggressively upgraded Atlantic Division. It wouldn’t surprise me at all if Boston still finds a way to be one of the top four or five teams in the Eastern Conference if Jayson Tatum remains healthy, but losing Brown is a massive blow.

Golden State Warriors (Losers)

The Golden State Warriors almost topped my NBA offseason winners and losers list as the biggest losers of the offseason, but they were barely beat out by Boston. The Warriors entered the summer with high-stakes ambitions, most notably pursuing James in free agency. When James ultimately chose Philadelphia, the Warriors were left empty-handed on the superstar market, forcing them to pivot back to short-term continuity moves, including a one-year agreement with Draymond Green. With Stephen Curry‘s prime ticking down, the feeling that Golden State missed a golden opportunity to maximize their final championship window hangs heavy over the Bay Area.

New Orleans Pelicans (Losers)

Stuck in an organizational no-man’s land after a grueling 26-56 season, the New Orleans Pelicans once again stood pat while the rest of the Western Conference aggressively reloaded. With Zion Williamson getting closer to the end of his contract and Trey Murphy III holding peak trade value, the Pelicans’ refusal to choose a definitive competitive or rebuilding path leaves them spinning wheels toward another mediocre finish.