AP Source: NBA moratorium to be 5 days shorter this summer
MIAMI (AP) A person with knowledge of the decision says the NBA and its players have agreed to shorten this summer's free-agent moratorium by five days.
The moratorium will run from July 1-6. Teams were alerted to the change on Thursday, according to the person who spoke to The Associated Press on condition of anonymity because neither side discussed the move publicly.
Until now, the moratorium was scheduled to run through July 11, with players and teams able to execute new deals at 12:01 a.m. on July 12. The moratorium exists in large part to allow the league time to calculate the exact amount of the salary cap and luxury-tax figure for the coming season.
Players and teams can agree to deals during the moratorium, but they cannot be signed.