The "incumbent team" (the team that chose to accept a cap hold to retain restricted rights) has until SATURDAY, June 1st, 2024 @7:00PM CENTRAL to do one of the following three options by posting in this thread. The poster should note which player they are making the choice on. Choices may be edited and changed until the deadline, when the thread will be locked.
OPTION ONE - "ACCEPT"
The incumbent team chooses to match the winning bid. The player remains with his incumbent team and the contract is transferred to the incumbent team. The original "winning team" gets nothing (other than getting their cap space back for regular free agency). The player may not be traded for a full year (i.e., until after the next RFA period),
If the incumbent team submitted the winning bid this option is automatically the option selected (and the player is not eligible to be traded for a full year).
OPTION TWO - "DECLINE"
The incumbent team chooses not to match the winning bid. The player moves to the team that signed him and the incumbent team receives no compensation. The player may not be traded for a full year (i.e., until after the next RFA period).
This is considered the default option if the player signed with a team other than the incumbent team, there is no finalized trade thread with both owners' approval, and no other post is made in this thread by the deadline.
OPTION THREE - "SIGN AND TRADE"
The incumbent team may choose to negotiate a trade with the team that submitted the winning bid. The trade must be legal (i.e., cannot violate salary cap rules and cannot involve players that were traded during the draft as they have not been on the squad for 60 days).
Both parties must post consent to the trade in the Finalized Trade Forum prior to the deadline to choose to accept, decline, or sign and trade. Once both teams have posted in the Finalized Trade Forum, either team may post (and one team SHOULD post) "Sign and Trade" in the RFA Choice thread and link to the Finalized Trade thread to help the staff find it. The Finalized Trade thread's timestamps (both owners approvals) will be the determinant as to whether or not the trade made the deadline, not the timestamp of the post in the RFA choice thread (for those of you cutting it close).
The Restricted Free Agent cannot be traded for one full year following this "Sign and Trade." Any other players that happen to be involved in a Sign & Trade may be traded after 60 days as normal.
A posted Finalized Trade thread with both parties' approval trumps both "Accept" and "Decline" posts made in this thread.
AUTOMATICALLY ACCEPTED BECAUSE INCUMBENT TEAM RE-SIGNED:
7/21/2059 Pelicans Re-sign SG Tony Lee for $193,500,000 over 4 years.
MATCHED:
7/23/2059 Nuggets Sign SG Robert Hannon for $61,500,000 over 3 years. (Incumbent Team: Bucks)
7/22/2059 Celtics Sign SG Stephen Zuber for $63,000,000 over 3 years. (Incumbent Team: Hawks)
7/21/2059 Cavaliers Sign C Blaine Hampton for $12,300,000 over 2 years.
7/21/2059 Trailblazers Sign PG Kofi Blaq Jr. for $235,917,500 over 4 years. (Incumbent Team: Nuggets)
7/18/2059 Mavericks Sign PF Richard Reed for $311,075,350 over 4 years. (Incumbent Team: Nets)
7/18/2059 Mavericks Sign C Nick Claxton for $311,075,350 over 4 years. (Incumbent Team: Warriors)
7/18/2059 Grizzlies Sign SF Bones Hyland for $311,075,350 over 4 years. (Incumbent Team: Nets)
7/21/2059 Heat Sign C Cooper Flagg for $188,100,000 over 4 years. (Incumbent Team: Magic)
7/18/2059 Grizzlies Sign C Dan Spooner for $311,075,350 over 4 years. (Incumbent Team: Pacers)
7/22/2059 Rockets Sign PG Scottie S. Sanders for $311,075,350 over 4 years. (Incumbent Team: Jazz)
7/21/2059 Trailblazers Sign SG Darrell Castaneda for $104,918,000 over 4 years. (Incumbent Team: Wizards)
7/18/2059 Grizzlies Sign PF Breanna Stewart for $311,075,350 over 4 years. (Incumbent Team Warriors)
7/21/2059 Warriors Sign PG Joaquin Guzman Loera for $105,765,617 over 4 years. (Incumbent Team: Cavs)