Report: NBA shortens July free agent moratorium
The NBA and NBPA have agreed to shorten the annual July free agency moratorium period, reports The Vertical’s Adrian Wojnarowski.
The new moratorium period — which prevents free agents from signing deals — will now last five days, from July 1 to July 6 this year.
Last year, the period ran from July 1 to July 9. On the eve of the moratorium being lifted, free agent center DeAndre Jordan changed his mind and decided to return to the Clippers after having agreed upon contract terms with the Mavericks days earlier. The rule change, cutting that time in half, allows players and teams to seal deals faster and should serve to help eliminate second-guessing scenarios such as Jordan’s.
The NBA’s fiscal year ends June 30, and the league takes the period to take care of accounting before teams begin spending and investing money again.