It's free-agent season. Here's what you need to know:
Points of Emphasis
1. Insider has compiled the most comprehensive list of potential free agents, along with players who have various contract provisions to guarantee all or part of their salary for next season.
2. A few players and teams have made decisions on free agency in the last three weeks. See below.
3. The Cavaliers saved $1 million by not making the playoffs. Lucious Harris was guaranteed $1 million if he played at least 1,100 minutes (he played 1,128) and the team made the playoffs.
4. Nick Van Exel does not have a team option. His $12,731,000 salary is not guaranteed.
The difference between a player option and an ETO (Early Termination Option) is simple. A player becomes a free agent if he declines his option but remains under contract if he declines his ETO.
Charlotte: Bernard Robinson had his salary guaranteed since he was still on the Bobcats roster on June 30. Declined the team option for Tamar Slay. He is an unrestricted free agent. Did not make a qualifying offer to Theron Smith. He is an unrestricted free agent.
Chicago: Did not make a qualifying offer to Jared Reiner. He is an unrestricted free agent.
Cleveland: Declined the $1.76 million team option for Robert Traylor. Waived Lucious Harris. His $2.75 million salary would have been guaranteed on July 1.
Denver: Greg Buckner declined his player option. He is an unrestricted free agent.
Golden State: Calbert Cheaney exercised his $1.76 million player option.
New Orleans: Chris Andersen declined his $1.76 million player option. He is an unrestricted free agent.
Orlando: Stacey Augmon exercised his player option.
Phoenix: Declined the team option for Paul Shirley. He is an unrestricted free agent.
Seattle: Antonio Daniels declined his $2.2 million player option. He is an unrestricted free agent.
2005 NBA Free Agents
Key: ETO = Early Termination Option, P = Player Option, T = Team Option
Unrestricted: Tom Gugliotta, Tyronn Lue, Michael Stewart, Kevin Willis
Other: Obinna Ekezie (no salary protection if waived before Aug. 1, 100 percent thereafter), James Thomas (no salary protection if waived before Aug. 1, 100 percent thereafter)
Unrestricted: Greg Buckner, DerMarr Johnson, Wesley Person, Mark Pope, Bryon Russell
Other: Francisco Elson (no salary protection for 2005-06), Luis Flores (no salary protection if waived before Aug. 31; thereafter, it will increase to $150,000), Voshon Lenard (salary protection of $250,000 if waived before July 15, 100 percent thereafter)
Los Angeles Clippers
Restricted: Marko Jaric
Unrestricted: Rick Brunson, Kerry Kittles, Mikki Moore, Zeljko Rebraca, Bobby Simmons
Other: Lionel Chalmers (no salary protection if waived before July 25; thereafter, it will increase to $300,000)
Los Angeles Lakers
Restricted: Luke Walton
Unrestricted: Tierre Brown
Other: Tony Bobbitt (no salary protection for 2005-06), Vlade Divac (salary protection of $2 million if waived before October 1, 100 percent thereafter)
Unrestricted: Andre Barrett, Andrew DeClercq, Brandon Hunter, Mark Jones
Other: Mario Kasun (50 percent salary protection if waived before July 25, 100 percent thereafter)