Jul 9, 2013, 6:25 PM EDT
Once free agency in the NBA officially begins after midnight on July 1, there is a moratorium period in place where teams may negotiate with each other and with available free agent players, but no contracts may be signed.
Since technically none of the deals made during this period are official until the ink on a contract has dried, team personnel are prohibited from publicly discussing anything that has been agreed upon during this time.
That’s the rule and the reasoning behind the substantial fine handed down to the Houston Rockets on Tuesday from the league office.
From Marc Stein of ESPN.com:
ESPN has learned Houston Rockets just fined $150,000 for unauthorized public comments on Dwight Howard while NBA’s annual moratorium ongoing
At least part of the offending remarks can be heard in this interview Rockets GM Daryl Morey did with CSNHouston shortly following Howard’s announcement.
While it may seem silly that teams aren’t supposed to discuss already-agreed-upon transactions, there’s likely a legitimate business reason for the policy. If something were to happen and Howard (or any other free agent) were to unexpectedly change their mind before signing with a new team, it could cause problems in the areas of ticket sales or advertising deals that were made under the assumption that a certain new player would be coming to town to improve the immediate future of a franchise.
In case you were wondering why a moratorium period is needed in the first place, it’s due to the league and the players’ association using this time to conduct an audit that assists in determining the salary cap figure, which affects the specific dollar amounts allowed on players’ contracts for the following season.
Most teams are wise enough not to engage in these types of conversations, especially publicly, because everyone that holds a high-ranking front office position is well aware of the rules — no matter how senseless they may seem.
The Rockets organization just got a little too carried away in all of the excitement surrounding Howard’s decision. But after committing in the neighborhood of $88 million to him over the next four years, another $150,000 probably won’t sting all that much.
Jul 6, 2015, 1:51 AM EDT
He fits well with what George Karl wants to do.
Jul 6, 2015, 12:28 AM EDT
Whether regular season or Summer League, we love us some buzzer beaters.
Jul 5, 2015, 11:30 PM EDT
Evans won the 2012 dunk contest.
Jul 5, 2015, 10:32 PM EDT
This seems steep, they could have gotten him for less.
Jul 5, 2015, 8:59 PM EDT
The Lakers will need to move Young to clear the cap space for their other moves.
Jul 5, 2015, 7:30 PM EDT
Dallas doesn’t have much to offer.
Jul 5, 2015, 6:00 PM EDT
Dan Gilbert is not afraid to write checks.
Jul 5, 2015, 4:42 PM EDT
The Lakers added the 2015 Sixth Man of the Year.
Jul 5, 2015, 4:00 PM EDT
The Hawks signed Millsap to a max deal earlier this week.
Jul 5, 2015, 2:29 PM EDT
Stuckey had a standout year for Indiana last season.
Jul 5, 2015, 2:00 PM EDT
Ginobili has yet to announce his future plans.
Jul 5, 2015, 12:30 PM EDT
LeBron is going to win, Tristan Thompson is going to get his money.
Jul 5, 2015, 11:00 AM EDT
Another guy who took less money to avoid playing in Sacramento.
Jul 5, 2015, 9:30 AM EDT
L.A. is all kinds of desperate now that DeAndre Jordan has bolted for the Mavericks.
Jul 5, 2015, 8:00 AM EDT
How will Blazers fans react when Aldridge returns?
Jul 5, 2015, 3:12 AM EDT
Quality pickup by the Kings.
Jul 5, 2015, 12:14 AM EDT
Phil Jackson gets a gold star for this move.
Jul 4, 2015, 11:00 PM EDT
McRae was the 58th overall pick in the 2014 draft, and is a member of Philadelphia’s Summer League squad.
Jul 4, 2015, 9:30 PM EDT
Nice addition by Orlando.
Jul 4, 2015, 8:00 PM EDT
He would have to take a paycut, but Dallas needs help at the point.
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