With the NBA’s 2023 free agency period opening Friday, June 30, at 5:00 p.m. Central, that makes Thursday the last day for teams and players around the league to make decisions on player contracts that either have options for next season or a potential qualifying offer.
For Houston, the biggest decision involved fourth-year forward KJ Martin, who had a team option for 2023-24 at only $1.9 million. Picking up that option and keeping him on his existing deal carries the risk of allowing him to become an unrestricted free agent in 2024, but it maximizes Houston’s 2023 cap space due to that lower figure. Picking up the option also keeps him trade eligible this summer.
