The NBA’s week-long transaction window, which opened last Tuesday at noon eastern time, will close tonight at 11:59 pm ET, as ESPN’s Bobby Marks tweets.
A number of teams have taken advantage of the opportunity to sign, claim, and waive players within the last seven days, including the Thunder, who agreed to a new long-term deal with two-way player Luguentz Dort, the Knicks, who claimed Theo Pinson and Jared Harper while waiving Allonzo Trier, and many others. We’ll have a full recap of the week’s transactions on Wednesday morning.
Here’s what happens when this week’s transaction window closes:
- Teams can no longer sign a player to a contract (unless he’s a substitute player).
- Teams can no longer convert a two-way player to their standard roster.
- Luxury tax penalties are calculated based on team payrolls as of June 30.
I wouldn’t expect a huge flurry of last-minute moves today, but it’s worth noting that a few teams still have roster spots available, including the Suns, Trail Blazers, Hornets (two), Warriors (two), and Timberwolves. Some – but not all – of those clubs have luxury-tax concerns.
For the 22 teams headed to Orlando to participate in the NBA’s restart, there’s one exception to the roster freeze. Starting on July 1, teams will still be able to sign a substitute player to replace a player who voluntarily opts out, contracts COVID-19, or is ruled out due to being at higher risk of serious coronavirus symptoms.
So far, six players have opted out of the restart — they’ll be ineligible to return this season, but eligible to be replaced by substitute players. In most cases, those players’ teams have already lined up those substitutes and will be able to sign them as of noon ET on Sunday.
J.R. Smith will replace Avery Bradley for the Lakers; Jerian Grant will replace Davis Bertans for the Wizards; Jaylen Adams will replace Trevor Ariza for the Trail Blazers; Justin Anderson will replace Wilson Chandler for the Nets; and Trey Burke will replace Willie Cauley-Stein for the Mavericks. Brooklyn still needs to line up a second substitute player for DeAndre Jordan.
This form of substitute-player transaction is permitted through August 14. After that, teams can still sign a replacement for a player who contracts COVID-19, but the substitute must have no more than three years of NBA service, ruling out a number of veterans.