The previous CBA did not allow players to decline an option and replace it with a lower salary amount in an extension.

Jrue Holiday becomes the first player to take advantage of the new rule change and avoids 2024 free agency.

Highly recommend following capsheets.com which is where capologist Yossi Gozlan now lives. Here's Nets capsheet. capsheets.com/brooklyn-nets-…

Otto Porter Jr. is no longer playoff-eligible this season having been waived past March 1.

The Heat will need to cut someone to make room for Patty Mills. Dru Smith seems like the odd man out since he’s out for the season.

Danilo Gallinari reunites with Doc Rivers in Milwaukee.

The Bucks opened up a roster spot last week by trading Robin Lopez.

They have the prorated veteran minimum to sign Gallinari with.

Working on an NBA free agency article that will publish next week, and I can't recommend Yossi Gozlan's capsheets.com enough. Thorough, easy to understand and an absolute must for people interested what their team can do this summer.

The Los Angeles Lakers increase their tax penalty to $7 million by signing Spencer Dinwiddie with the remainder of their mid-level.

They could’ve saved ~$15 million by dumping a player at the deadline to duck the tax. Instead they keep all their depth and invest more into it.

The Los Angeles Lakers have an open roster spot so they don’t have to cut anyone.

They have about $1.5 million of their prorated mid-level exception remaining to sign Spencer Dinwiddie with. They can give it to him and still have plenty of room below the apron for other

The Sacramento Kings have $1.14 million remaining from their prorated room mid-level exception. This framework suggests Keon Ellis got the remainder of it for this year and the veteran minimum in years 2 and 3:

2023-24: $1.14 million
2024-25: $2.12 million
2025-26: $2.30 million

All these figures are now reflected on capsheets.com.

All team pages are fully updated for both the 2023-24 and 2024 -25 seasons.

All existing team spending exceptions will be prorated daily.

The Pistons have racked up $40 million in dead money today by waiving 5 players.

This expanded into a three teamer sending Hield to Philadelphia, so the framework won’t create a trade exception for the Pacers.