The window to begin negotiating with free agents is nearly a week old, and we've already seen some big deals go down. Baron Davis is leaving the Warriors for his hometown LA Clippers, Gilbert Arenas spurned more money from Golden State to re-up with the Wizards, and Elton Brand is still out there and available (but presumed to be re-signing with the Clips).
Josh Smith made his visit to Philadelphia last week, but as of this writing the 76ers have yet to make him an offer (or they have, and he just hasn't accepted it).
It is rumored Josh Childress is going to visit there (perhaps today) as well, and it could get interesting if the Hawks and Sixers get involved in a little cat-and-mouse game (you signed Childress? Fine, we'll sign Louis Williams).
One other team to watch for in the pursuit of the two Joshes is Golden State, who minus Baron Davis now are flush with cash and cap space. We haven't heard much speculation of any interest there, but in this climate it's not hard to see where they may make a run at one or the other.
Contracts can be signed starting Wednesday (July 9), so expect to see lots of league-wide news in the next few days.
In the meantime, keep the spirited discussion going in the comments!