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/a_moniker]

Mavs are sending their own 2031 2nd and the lesser of Nuggets/76ers 2025 2nd’s to the Warriors

As a result, we know that at least one of the picks we sent out is the lesser of the Nuggets and 76ers 2025 picks.

I’m not sure what the second one is. It could be the higher of those two picks (in which case Dallas made the swap) or it could be any future pick other than our 2025 & 2026 2nd Round Picks (these are wrapped up in the protections of next years 1st Rounder).

[u/YizWasHere → u/a_moniker]

I'm still kind of confused by the cap situation after this trade. We haven't cut Bertans yet which I believe is still giving us the the option to operate over-the-cap, which would mean we could absorb Green's contract under the MLE.

But if we were to cut Bertans, I think we'd still be a little bit short of having the room to fit Green's contract - I think we'd have to cut McGowens as well. That would give us access to the Room MLE, which we could use to sign Highsmith or maybe even Cedi Osman. But I'm not 100% confident I have the numbers right, Boone said that we're taking the contract into our cap but I'm not understanding where that cap is coming from if we haven't cut Bertans yet.

[u/a_moniker → u/YizWasHere]

We effectively have cut Bertans. It just hasn’t been reported yet, because the media doesn’t care about Charlotte or Bertans. The MLE isn’t enough to take on Reggie + Green, which means we must be working with cap space. The Bi-Annual also isn’t large enough for either player, and we don’t have any significant TPE’s.

Salary According to Spotrac: $117.5M (Total) - $10.75M (Cutting Bertans) + $15M (Bridges) + $7.5M (Tidjane) = $129.25 (Active Salary minus Green)

Cap: $140.5M - $129.25M = $11.25M Space

That is more than Josh Green’s Cap Hit ($12.6M). However, there are two relatively easy ways we can get around that:

1. The new CBA lets teams use the Room Exception to take back money in a trade. As a result, I’m pretty confident that we can use the Room Exception to take on Reggie Jackson’s money. This means that we have closer to $16 Million in cap space to absorb Green.
2. If I’m wrong about the way the new CBA work (very possible), then we can just release Bryce McGowans. McGowans would even get a pay raise, if we brought him back after the deal, since the new minimum is higher than his current salary.