The NBA will lift its moratorium on transactions on Tuesday, allowing a number of moves to be completed between June 23 (starting at noon eastern time) and June 30 (until 11:59pm ET), sources tell Shams Charania of The Athletic (Twitter link).
As Charania details (via Twitter), the following types of transactions will be permitted during that week-long window:
- Players can be signed to rest-of-season contracts.
- Substitute players can be signed for players opting not to report to Orlando.
- Two-way contracts can be signed or converted to standard deals.
- Players can be waived.
Trades won’t permitted during the transaction window, since the season’s deadline has passed and the offseason hasn’t yet begun. And while Charania’s report doesn’t mention it, it’s believed that all 30 teams will be eligible to participate in the transaction window, though the eight teams not included in the summer restart may be restricted from certain transactions, such as signing substitute players and two-way players.
The minimum salary for players with at least two years of experience who are signing rest-of-season deals will be $183,115, according to Charania. That’s the equivalent to 20 days’ worth of the $1,620,564 minimum salary for 2019/20.
Transactions have been frozen since shortly after the NBA suspended its season in March. The NBA and NBPA agreed in April to extend that moratorium indefinitely, so next week will represent the first time in more than three months that teams will be able to complete roster moves.
While it remains to be seen what moves will be made next week, we’ve heard that the Thunder have interest in converting Luguentz Dort‘s two-way contract into a standard deal and that the Rockets are eyeing free agent guard Tyler Johnson. With 22 teams set to participate in the summer restart, a number of two-way contract situations will also be worth keeping an eye on. You can check out our two-way contract tracker here.
Additionally, Tim Reynolds of The Associated Press notes (via Twitter) that Suns guard Jared Harper, who was waived just before the moratorium was imposed in March, will be placed on waivers once the transaction window opens on Tuesday — he’ll need to clear waivers on Thursday before officially becoming a free agent.