2024 NBA Buyout Market Watch

The 2024 NBA trade deadline is behind us, but that doesn’t mean teams are finished making roster moves. With eight weeks left in the 2023/24 regular season, there are still many roster spots to be filled around the league, as well as veterans who might not finish the year with their current teams.

The NBA’s buyout market has been active since the trade deadline and could feature several more moves in the next couple weeks.

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A veteran in an undesirable situation due to his playing time or his team’s place in the standings (or both) could ask to be released and may even be willing to give back a little money to accommodate the move. Some teams might make that decision unilaterally, opting to release a veteran to open up a roster spot for a younger player.

Over the rest of the month, we’ll use the space below to monitor the buyout market, keeping tabs on which veteran players have been bought out or released, and which have found new teams. We’ll also keep an eye on players who are potential buyout candidates. The list will be updated daily.

A player on an NBA contract must be waived by the end of the day on March 1 in order to retain his playoff eligibility, so that will be a key date to watch.

Here’s our breakdown of the 2024 NBA buyout market:

Last updated 3-6-23 (12:02pm CT)

Veterans who have been recently bought out or released this season and are free agents:

Not every player who has been waived this season will be mentioned here. This list is essentially just made up of players with at least a few years of NBA experience who could be of immediate interest to teams in the playoff mix.

For instance, James Bouknight was among the players cut by the Hornets at the trade deadline, but he’s a 23-year-old who has never been a reliable rotation player. He doesn’t fit the profile of a traditional buyout market pickup for a contending team. Players like Bouknight – especially those who were still on rookie contracts – won’t be listed here for that reason.

Veterans who have been bought out or released and joined new teams:

Again, we’re focusing here on players who fit the traditional buyout market profile.

The Hornets signed forward Aleksej Pokusevski after he was waived by the Thunder, but Charlotte is a lottery-bound team bringing in a player who might have some untapped upside, not a playoff contender looking for win-now help. That’s why Pokusevski and similar players aren’t listed here.

Other veterans who are candidates to be bought out or released:

We had viewed these players as possible buyout candidates, with some more realistic than others. However, they all made it through the March 1 playoff eligibility waiver deadline without being cut, so they appear likely to finish the season with their respective clubs.

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