2024 NBA Free Agency

[u/Civrock]

Hornets fans and visitors,

The purpose of this mega thread is for centralized chat and discussion of anything related to the 2024 NBA Free Agency, including fan-proposed trades, rather than numerous self posts or trade machine images/links which really don't need their own threads.

Posts/articles from media or other reputable sources regarding free agency rumors and trades can still be posted as their own threads, this is primarily for Free Agency commentary and trade ideas by fans. If you have a high quality text submission, go for it.

Thank you for your cooperation. Bonk on. 🐝

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🏀 2024 NBA Free Agency 🏀

➡️ June 29

• Last day for a team or player option to be exercised
• Last day for a player to receive a Qualifying Offer

➡️ June 30

• Free agent negotiations can begin with players not on your own team (6 PM ET)

➡️ July 1

• Free agency moratorium (12:01 AM ET)
• First-round selections can sign contracts
• Minimum contracts (2 years or less) can sign
• Restricted free agents can sign an offer sheet
• Third-year and fourth-year rookie options can be exercised
• Two-way contracts can be signed and converted

➡️ July 6

• Free agency begins (12:00 PM ET)
• Teams can officially sign free agents
• Trades can become official
• Rookie-scale and veteran contracts can be extended
• Clock begins on offer sheets signed during the moratorium

➡️ July 13

• Last day to withdraw a Qualifying Offer

[u/FurryOwlet]

only thing I want to point out is that if we were to trade for Chris Paul, his salary would become guaranteed 

[u/a_moniker → u/FurryOwlet]

Yeah, that’s what someone else said. It’s a bit unfortunate, though not a huge deal if we plan on mini tanking a bit for Flagg or Ace.

I wasn’t sure if it did or not, but I’d still be fine with taking CP3 + Moody + Future Unprotected Pick. We could just waive CP3 and then sign another wing with the MLE.

[u/FurryOwlet → u/a_moniker]

We're going to have to use part of our MLE to cover the Reggie Jackson trade (provided we can't move him somewhere) but that would still leave us with ~8mil I believe 

[u/a_moniker → u/FurryOwlet]

If we cut Bertans then we can open up close to the full MLE, and can (maybe??) take Reggie into the Room Exception to clear even more. I might be wrong about the Room Exception in the new CBA though.

Per Spotrac: $117.5M (Current Salary) - $10.5M (Bertans) + $15M (Bridges) + $7.5M (Tidjane) = $129.5 Million

$141M (Salary Cap) - $129.5M (Our Salary) = ~$11M, and we can open more by cutting McGowans or taking Reggie into the Room Exception.