This was one of the biggest offseasons for NBA free agency in recent memory.

Obviously the biggest name to change teams was LeBron James, who decided to come home to the Cleveland Cavaliers. How much of an impact does his decision make? And then there are the other major free agent names like Carmelo Anthony, Luol Deng, Pau Gasol, Dwyane Wade, Lance Stephenson and more who have made their moves. Will their decisions shift the balance of power in the East?

The Eastern Conference has a lot of new faces, and Latin take a look at how those faces may shape the East when the 2014-15 NBA season rolls around:

1. Indiana Pacers

There's absolutely no excuse for the Indiana Pacers next season, none. Their "Big 3" are all returning, they are a very young team, they have playoff experience, and LeBron James is no longer a member of the Heat. The Heat have eliminated the Pacers the last three postseasons. Last season, the Pacers finished as the No. 1 seed and had the best defense in the league.

Again, there's no excuse for this team next year. Despite their meltdown in the second half of the season, the East is theirs to win, if they have the maturity to overcome. 

2. Cleveland Cavaliers

Without a doubt, the Cavaliers made the biggest signing of the offseason.

Four-time MVP LeBron James rejoins his former team to complete some unfinished business. Mike Miller, who is a fantastic three-point shooter, will also be joining the Cavs. There's still a chance that Kevin Love could join the Cavaliers as well by midseason at the NBA trade deadline. It should also be mentioned, this team now has four No. 1 overall picks on the roster.

Is this finally the year the Cavs has waited for to break "The Cleveland Curse?"

3. Miami Heat

Clearly losing LeBron James is a big blow, but it's not a death blow.

They may have overpaid for Chris Bosh at five years, $118 million, but it had to be done. Wade would later re-sign after opting out, which saved the team $11 million in cap space. And getting versatile All-Star Luol Deng certainly will help to fill some of the void left by James. It's less likely than last season they will win their fifth consecutive East Title, but this team is still talented. Mario Chalmers is going to have to play much better next season for this team to succeed.

4. Chicago Bulls

The Bulls swung for the fences with Carmelo Anthony, but he chose to return to the Knicks. They did everything they could, but in the end, money talks. The No. 4 seed may seem low, but that's exactly where this team finished last season. The main reason is because of Derrick Rose's health. Rose has only played 49 total regular season games in the last three seasons. Hard to bet on a team whose best player averages just 16 games played per season the last three years. Still, the Bulls did land veteran center and four-time NBA All-Star Pau Gasol in free agency, so that will make them tough to beat next season.

5. Toronto Raptors

The Raptors were a pretty underrated team last year, as they did win 48 games. Bringing in forward James Johnson and Louis Williams were decent pickups. Re-signing point guard Kyle Lowry was a must and they did just that. It's time for Tyler Hansbrough to start playing like a first round pick.

6. Atlanta Hawks

The Hawks have made the playoffs every year since 2007. Granted, they never even once made it to the conference finals during that time period, but they do make the playoffs frequently. Al Horford, Paul Millsap and Jeff Teague are talented players. Kyle Korver is also a very skilled three-point shooter, but he is limited. Hawks will be in the playoff mix.

7. Washington Wizards

The Wizards made a fine showing in the NBA playoffs last season, but losing Trevor Ariza to the Houston Rockets doesn't help. The team did sign veteran Paul Pierce, who is now playing for his third team in three years, but his best days are behind him. Point guard John Wall, who was selected No. 1 overall in the 2010 draft is going to have to play exceptional. We may even see more playing time from the Brazilian center Nené.

8. New York Knicks

Carmelo Anthony got everything he wanted, and more.

He gets to play in New York City, he got Phil Jackson, and he got his money. Unfortunately for Knicks fans, the team around him didn't get much better. We will see how Derek Fisher does as a head coach in his first year. It's going to be tough with no more Tyson Chandler. With only three playoff series wins in his 11 seasons, the pressure couldn't be higher on Anthony this upcoming season.