The NBA is a little more than 24 hours away from allowing teams to start making trades, tweets Adrian Wojnarowski of ESPN. Sources tell Woj that the moratorium will end at 12:00 pm eastern time on Monday, giving teams a small window to complete deals before Wednesday night’s draft.
The league has also established some important dates for the upcoming season, Wojnarowski adds, with opening night set for December 22 as expected (Twitter link). An All-Star break will take place from March 5-10, although no game will be played.
The regular season is projected to end between May 17 and 21 with a play-in tournament to determine seeds seven through 10. The conference semifinals will begin June 7, with the conference finals starting June 22 and the NBA Finals set for July 8-22. The trade deadline hasn’t been determined yet, according to Bobby Marks of ESPN (Twitter link).
The play-in tournament must be approved by the Board of Governors, but a source tells Wojnarowski that’s considered a formality (Twitter link). As with the series in Orlando between the Trail Blazers and Grizzlies, the No. 7 and 8 seeds will just need one win to advance, while the ninth and 10th seeds would have to win twice. May 17-21 are the tentative dates for the tournament.
As expected, this year’s salary cap ($109.1MM) and luxury tax figures ($132.6MM) will be maintained for next season (Twitter link). According to Woj’s sources, the early cap and tax projections for future seasons are $112.4MM and $136.6MM for 2021/22, $115.7MM and $140MM for 2022/23 and $119.2MM and $144.9MM for 2023/24 (Twitter link).
In addition, the league and its players union have reached a deal that either side can terminate the Collective Bargaining Agreement after next season or the 2021/22 season, according to Wojnarowski (Twitter link). Both sides already had a mutual option to terminate the CBA after the 2022/23 season.
December 21 will be the last day for players to sign super-max and rookie scale extensions, Marks tweets. That deadline is especially significant in Milwaukee, where the Bucks hope to reach a long-term deal with Giannis Antetokounmpo.
Most player and team option decisions throughout the league will have to be made by 5:00 pm ET Thursday, a source tells Tim Reynolds of The Associated Press (Twitter link). A prominent exception appears to be Anthony Davis of the Lakers, who may have to decide on his $28.75MM player option by Monday.