Whatever respite you’ve enjoyed since the D’Angelo Russell - Timofey Mozgov press conference Monday is at an end. It starts to move quickly again at the end of this week and won’t let up for another three weeks as free agency looms.
The first shoe hit the floor two days ago when it was reported —and later confirmed— that the Nets would not exercise their $3.5 million team option on K.J. McDaniels. Sean Marks said it was all about flexibility going into free agency. In fact, decisions on the roster’s five remaining team options will be the first order of business. Of the six team options out there, only McDaniels’ wasn’t a veterans minimum deal.
Yes, it will be confusing and yes, we hope we got it all right. Alas, no guarantees. NBA rules are weird.
June 30 - The Nets will have to make a move by Friday to take advantage of the $3.425 million in cash considerations they have left over from the 2016-17 season. If the money isn’t used on some sort of acquisition, it goes away. It’s either use it or lose it. And on Friday, the Nets will start to move on free agents so they will need to know what their cap situation looks like.
June 30 - Joe Harris and Sean Kilpatrick’s $1,051,245 guarantees for 2017-18 kick in. Team option on both.
July 1 - Free agency begins. Teams can contact free agents with offers starting at 12 midnight. Under new CBA, teams can tender offer sheets to restricted free agents on July 1 as well. The player’s current team has 48 hours, rather than the previous 72, to match. But no more “poison pill” deals like the one Brooklyn offered Tyler Johnson. That was eliminated in the new CBA. But here’s where things get complicated. The 48-hour matching period doesn’t begin until the annual free agency/trade moratorium ends at noon July 6. So it might be better to wait until then to present the offer sheet to the restricted free agent’s current team. Why give the team more time to plan their strategy? See below for more details.
Expect big free agency deals to be leaked starting shortly after midnight Saturday and continuing through the moratorium, which ends on July 6.
Teams get a new allotment of cash considerations starting July 1. Under the new CBA, the amount has been raised to $5.1 million for this season.
July 4 - No-trade restriction lifts on Archie Goodwin, not that they plan on trading him. He just becomes eligible for the first time, 90 days after the Nets signed him to a two-year deal.
July 6 - Noon. the moratorium on free agency/trades ends. It’s shorter this year. Teams can officially sign their new players. Players can be traded. Press conferences can be held. Jerseys can be held up. Under league rules, if the Nets present an offer sheet to a restricted free agent’s current team any time before noon on July 6, the matching period ends midnight on the 8th. If the offer sheet is presented after noon, it ends 48 hours later. Yes, it’s confusing and we hope we got it right.
July 7 to 17 - NBA Summer League at the Thomas & Mack Center and Cox Pavilion in Las Vegas. First game is July 7 vs. the Hawks. Summer league teams can have bigger rosters than NBA rosters ... and mostly do.
Current Nets Rondae Hollis-Jefferson, Caris LeVert, Isaiah Whitehead, Spencer Dinwiddie and Archie Goodwin are all set to play. So is Jarrett Allen, the Nets first round draft choice, plus a number of undrafted players. Also, Prince Ibeh and J.J. Moore, both of whom played for Long Island last season, will be in Las Vegas. Two players who toiled in Europe last season are also expected: Vincent Poirier, a 6’11” center, has accepted a Nets invitation, but it’s only for the summer. Nathan Boothe, a 6’10” stretch 4 who hit 47.5 percent of his three’s last season in Italy, will be there as well.
July 10 - Nets can acquire Allen Crabbe or Tyler Johnson in a trade. Teams who bid on restricted free agents can’t acquire them for a year. No indication Portland or Miami is going in that direction.
July - Spencer Dinwiddie’s contract guarantees for $50,000 for 2017-18 if he participates in summer league and summer conditioning program.
July 16 - Quincy Acy’s $1,709,538 guarantees for 2017-18 unless the Nets tell refuse to exercise his team option.
Late July/Early August - NBA schedule is released. This year’s season will be longer with fewer back-to-backs, more built-in rest. So maybe the schedule will be out earlier? What to look for? D’Angelo Russell’s return to Los Angeles, Brook Lopez’s return to Brooklyn. Order popcorn now. Also, first time they play Miami whose fans (and execs) are still steamed about Nets decision to rest their top three scorers on the last game of last season.
August 3 to August 16 - FIBA World Cup European Pre-Qualifiers in Portugal. Nets stash Aleksandar Vezenko plays for Bulgaria.
August 23 - G-League expansion draft. Long Island Nets can protect up to nine players rights in this year’s draft. With four new teams, current teams likely to lose at least two players.
August 25 to September 3 — FIBA Americas Cup in Argentina. Canada’s Andrew Nicholson is likely to play for Canada. Argentina’s Juan Pablo Vaulet is out for the summer after ankle surgery. The competition is in Cordoba, Argentina, JPV’s hometown.
August 31 to September 17 — Eurobasket 2017 in Turkey. As of now, only two players on the roster are eligible: Justin Hamilton, who has dual U.S. - Croatian citizenship, and Timofey Mozgov, who is on the Russian roster. Hamilton has been non-committal about playing for Croatia. Mozgov has been enthused about his Russian obligations. Also, it will be Nets assistant coach Chris Fleming’s last turn as Germany’s national team coach.
September 10 - Nets must renew their offers to any stashed players. As of now, that means Juan Pablo Vaulet and Aleksandar Vezenkov, taken last Thursday night at No. 57. Of course, if the Nets sign Vaughn this summer to either a Brooklyn or Long Island deal, no need for the letter.
October 31 - Spencer Dinwiddie’s salary guarantees at $250,000 for 2017-18. Archie Goodwin’s salary guarantees at $200,000 for 2017-18.
October 31 - Nets must exercise rookie options for Rondae-Hollis Jefferson and Caris LeVert, fourth year for RHJ, third year for CLV. Not an issue.
Late October - D-League Draft. It’s not like the NBA Draft. It has different rules and is held via conference call.
Early November - Long Island Nets will open their first season at their new home, the renovated Nassau Coliseum. They play one preseason game at Nassau vs. the Westchester Knicks.
December 10 -- Nets can acquire Donatas Motiejunas, one year after the Rockets matched their offer on the big man.
January 10 - All partially and non- guaranteed deals become fully guaranteed, specifically in the Nets case for Dinwiddie and Goodwin if they remain with the team.
Also, this is only a guide. It could get a lot wilder.
- Andre Iguodala on Nets’ radar - Brian Lewis - New York Post