Free agency

2026-27 NBA free agency

The live signings tracker: who has signed and what it does to the cap, plus every free agent still on the market. Signings show the reported terms now and the verified cap figure once the books catch up.

Signings

LeBron Jamesto thePhiladelphia 76ers
2 yr, $8.0MMake a card
1 yrminimumMake a card
$6.3Mcap hit, from the books
Vladislav Goldinto theMiami Heat
re-sign
4 yr, $64.0Mre-signMake a card
$3.9Mcap hit, from the books
Luke Kennardto thePhoenix Suns
2 yr, $13.0Mtaxpayer MLEMake a card
Koa Peatto thePhoenix Suns
Rookie scale
Tarris Reed Jr.to theSan Antonio Spurs
Rookie scale
Sergio de Larreato theDallas Mavericks
Rookie scale
Cameron Carrto theLos Angeles Lakers
Rookie scale
Ebuka Okorieto theDetroit Pistons
Rookie scale
Alex Karabanto theSacramento Kings
Rookie scale
Joshua Jeffersonto theBrooklyn Nets
Rookie scale
Chris Cenac Jr.to theBoston Celtics
Rookie scale
Zuby Ejioforto theAtlanta Hawks
Rookie scale
Labaron Philon Jr.to thePhiladelphia 76ers
Rookie scale
Karim Lópezto theMemphis Grizzlies
Rookie scale
Jayden Quaintanceto theSan Antonio Spurs
Rookie scale
Allen Gravesto theToronto Raptors
Rookie scale
Christian Anderson Jr.to theCharlotte Hornets
Rookie scale
Bennett Stirtzto theMemphis Grizzlies
Rookie scale
Dailyn Swainto theChicago Bulls
Rookie scale
Hannes Steinbachto theCharlotte Hornets
Rookie scale
Nate Amentto theMilwaukee Bucks
Rookie scale
Aday Marato theOklahoma City Thunder
Rookie scale
Yaxel Lendeborgto theGolden State Warriors
Rookie scale
Brayden Burriesto theMilwaukee Bucks
Rookie scale
Morez Johnson Jr.to theDallas Mavericks
Rookie scale
Kingston Flemingsto theAtlanta Hawks
Rookie scale
Darius Acuff Jr.to theSacramento Kings
Rookie scale
Mikel Brown Jr.to theBrooklyn Nets
Rookie scale
Keaton Waglerto theLA Clippers
Rookie scale
Caleb Wilsonto theChicago Bulls
Rookie scale
Cameron Boozerto theMemphis Grizzlies
Rookie scale
Darryn Petersonto theUtah Jazz
Rookie scale
AJ Dybantsato theWashington Wizards
Rookie scale
1 yr, $3.9MMake a card
$8.0Mcap hit, from the books
Khris Middletonto theWashington Wizards
3 yr, $17.6MSign-and-tradere-signMake a card
John Collinsto theDetroit Pistons
3 yr, $51.0MSign-and-tradere-signMake a card
Charles Basseyto theGolden State Warriors
re-sign
Jordan Clarksonto theNew York Knicks
re-sign
Tarik Biberovicto theDallas Mavericks
2 yr, $6.0MMake a card
Trevon Brazileto theDenver Nuggets
1 yrminimum
Trey Lylesto theMinnesota Timberwolves
1 yrminimum
Larry Nance Jr.to theIndiana Pacers
1 yr, $4.0MMake a card
Isaiah Evansto theMinnesota Timberwolves
4 yr, $9.3MMake a card
Bruce Thorntonto theHouston Rockets
Baba Millerto theLA Clippers
Mo Bambato theUtah Jazz
1 yrminimum
3 yr, $30.0MMake a card
Walker Kesslerto theLos Angeles Lakers
4 yr, $130.0MSign-and-tradere-signMake a card
Marvin Bagley IIIto theDenver Nuggets
1 yr, $3.5MMake a card
Andre Drummondto theNew York Knicks
1 yr, $3.9MMake a card
1 yr, $3.9MMake a card
$9.7Mcap hit, from the books
Tyus Jonesto theDenver Nuggets
1 yr, $3.9Mre-signMake a card
Javonte Greento theDetroit Pistons
1 yr, $3.9Mre-signMake a card
Daeqwon Plowdento theSacramento Kings
2 yr, $5.1Mre-signMake a card
1 yr, $5.0Mre-signMake a card
$7.2Mcap hit, from the books
Josh Okogieto theUtah Jazz
2 yr, $12.0MMake a card
Jaxson Hayesto theUtah Jazz
2 yr, $12.0MMake a card
Anfernee Simonsto thePhiladelphia 76ers
2 yr, $12.3MMake a card
3 yr, $15.3Mre-signMake a card
$2.5Mcap hit, from the books
Kelly Oubre Jr.to theIndiana Pacers
2 yr, $17.0MMake a card
Rui Hachimurato theLA Clippers
2 yr, $28.0MMake a card
Tobias Harristo theSan Antonio Spurs
2 yr, $30.8MMake a card
4 yrre-signMake a card
$2.7Mcap hit, from the books
Tari Easonto theHouston Rockets
5 yr, $81.5Mre-signMake a card
4 yr, $212.0Mre-signMake a card
$49.0Mcap hit, from the books
Jusuf Nurkićto theUtah Jazz
2 yr, $22.0Mre-signMake a card
Alijah Martinto theToronto Raptors
2 yr, $4.8MMake a card
3 yr, $45.0Mre-signMake a card
$3.0Mcap hit, from the books
Harrison Barnesto theSan Antonio Spurs
1 yr, $8.0Mre-signMake a card
Precious Achiuwato theSacramento Kings
2 yrre-sign
Branden Carlsonto thePortland Trail Blazers
1 yr, $2.5MMake a card
Robert Williams IIIto thePortland Trail Blazers
3 yr, $44.0Mre-signMake a card
Mark Williamsto thePhoenix Suns
3 yr, $38.0Mre-signMake a card
Jordan Goodwinto thePhoenix Suns
3 yr, $19.0Mre-signMake a card
Collin Gillespieto thePhoenix Suns
4 yr, $48.0Mre-signMake a card
Ariel Hukportito thePhiladelphia 76ers
1 yr, $3.4MMake a card
Dean Wadeto thePhiladelphia 76ers
4 yr, $39.0MMake a card
Nikola Vučevićto theOrlando Magic
1 yr, $3.9MMake a card
Jevon Carterto theOrlando Magic
1 yr, $3.5Mre-signMake a card
3 yr, $75.0Mre-signMake a card
$28.5Mcap hit, from the books
Landry Shametto theNew York Knicks
4 yr, $24.0Mre-signMake a card
Mohamed Diawarato theNew York Knicks
re-sign
3 yr, $14.5Mre-signMake a card
$4.5Mcap hit, from the books
DeAndre Jordanto theNew Orleans Pelicans
1 yrre-sign
Jaylen Clarkto theMinnesota Timberwolves
re-sign
Bones Hylandto theMinnesota Timberwolves
1 yrminimum
Ayo Dosunmuto theMinnesota Timberwolves
5 yr, $112.0Mre-signMake a card
Ousmane Diengto theMilwaukee Bucks
3 yr, $17.5Mre-signMake a card
Tim Hardaway Jr.to theMiami Heat
1 yr, $6.5MMake a card
Simone Fontecchioto theMiami Heat
1 yrre-sign
3 yr, $64.0Mre-signMake a card
$30.2Mcap hit, from the books
4 yr, $52.0MMake a card
$2.8Mcap hit, from the books
Quentin Grimesto theLos Angeles Lakers
4 yr, $60.0MMake a card
Collin Sextonto theLos Angeles Lakers
2 yr, $19.0MMake a card
4 yr, $185.0Mre-signMake a card
$14.9Mcap hit, from the books
4 yr, $11.2Mre-signMake a card
$2.2Mcap hit, from the books
2 yr, $13.0MMake a card
$5.4Mcap hit, from the books
$16.0Mcap hit, from the books
2 yr, $14.0Mre-signMake a card
$6.0Mcap hit, from the books
2 yr, $11.0Mre-signMake a card
$3.5Mcap hit, from the books
Kristaps Porziņģisto theGolden State Warriors
2 yr, $40.0Mre-signMake a card
Kevin Huerterto theDetroit Pistons
3 yr, $27.0Mre-signMake a card
Thomas Bryantto theCleveland Cavaliers
1 yrre-sign
Norman Powellto theChicago Bulls
2 yr, $45.0MMake a card
Zach Collinsto theChicago Bulls
2 yr, $17.0Mre-signMake a card
Coby Whiteto theCharlotte Hornets
3 yr, $74.0Mre-signMake a card
Moritz Wagnerto theBrooklyn Nets
2 yr, $19.0MMake a card
Keon Ellisto theBrooklyn Nets
2 yr, $18.0MMake a card
2 yr, $20.0Mre-signMake a card
$6.3Mcap hit, from the books
2 yr, $9.0Mre-signMake a card
$2.6Mcap hit, from the books
Mitchell Robinsonto theBoston Celtics
3 yr, $47.0MMake a card
Mike Conley Jr.to theBoston Celtics
1 yr
re-sign
$2.2Mcap hit, from the books
3 yr, $9.0Mre-signMake a card
$2.6Mcap hit, from the books
Jock Landaleto theAtlanta Hawks
1 yr, $14.0Mre-signMake a card
CJ McCollumto theAtlanta Hawks
1 yr, $21.0Mre-signMake a card

Still available

Ranked by the cap hold each places on his team's books until he re-signs or is renounced. This list shrinks automatically as deals close.

279 free agents
1LeBron JamesLALUFAEarly Bird$57.7M
2Khris MiddletonDALUFABird$52.6M
3Anfernee SimonsCHIUFABird$41.5M
4Terry RozierMIAUFABird$40.0M
5Kristaps PorzingisGSWUFAEarly Bird$40.0M
6John CollinsLACUFABird$39.9M
7CJ McCollumATLUFAEarly Bird$39.9M
8Tobias HarrisDETUFAEarly Bird$34.6M
9Nikola VucevicBOSUFABird$32.2M
10Norman PowellMIAUFABird$30.7M
11Jaden IveyCHIRFABird$30.3M
12Jusuf NurkicUTAUFABird$29.1M
13Collin SextonCHIUFABird$28.8M
14Harrison BarnesSASUFABird$28.5M
15Bennedict MathurinLACRFABird$27.6M
16Rui HachimuraLALUFABird$27.4M
17Kevin HuerterDETUFABird$27.0M
18Robert Williams IIIPORUFABird$25.2M
19Mitchell RobinsonNYKUFABird$24.6M
20Coby WhiteCHAUFABird$24.5M
21Zach CollinsCHIUFAEarly Bird$23.5M
22Matisse ThybullePORUFABird$21.9M
23Gabe VincentATLUFABird$21.9M
24Maxi KleberLALUFABird$20.9M
25Ousmane DiengMILRFABird$20.0M
26Jalen DurenDETRFABird$19.4M
27Ochai AgbajiBKNRFABird$19.2M
28Mark WilliamsPHXRFABird$18.8M
29Kelly OlynykSASUFAEarly Bird$17.5M
30Tari EasonHOURFABird$17.0M
31Jett HowardORLUFABird$16.6M
32Georges NiangMEMUFABird$15.6M
33Malaki BranhamCHARFABird$14.9M
34Walker KesslerUTARFABird$14.6M
35Ayo DosunmuMINUFABird$14.3M
36Luke KennardLALUFANon-Bird$13.2M
37Peyton WatsonDENRFABird$13.1M
38Dean WadeCLEUFABird$12.6M
39Kelly Oubre Jr.PHIUFAEarly Bird$10.9M
40Simone FontecchioMIAUFAEarly Bird$10.8M
41Quentin GrimesPHIUFANon-Bird$10.5M
42Nick RichardsCHIUFABird$9.5M
43Kobe BrownINDUFABird$8.0M
44Dwight PowellDALUFABird$7.6M
45Guerschon YabuseleCHIUFAEarly Bird$7.2M
46Dario SaricDETUFAEarly Bird$7.1M
47Andre DrummondPHIUFAEarly Bird$6.5M
48Moritz WagnerORLUFANon-Bird$6.0M
49Kevin LoveUTAUFAEarly Bird$5.4M
50Jaxson HayesLALUFANon-Bird$4.1M
51Xavier TillmanCHAUFAEarly Bird$3.3M
52Keaton WallaceATLRFANon-Bird$3.1M
53Trevon ScottBKNRFANon-Bird$3.0M
54Braxton KeyTORRFANon-Bird$3.0M
55Rayan RupertPORRFANon-Bird$3.0M
56Duop ReathATLRFANon-Bird$3.0M
57Jalen WilsonBKNRFANon-Bird$3.0M
58Jaylen ClarkMINRFANon-Bird$3.0M
59Tyrese MartinBKNRFANon-Bird$3.0M
60Alondes WilliamsWASRFANon-Bird$2.8M
61Pat SpencerGSWRFANon-Bird$2.8M
62Caleb HoustanATLRFANon-Bird$2.8M
63Christian KolokoMEMRFANon-Bird$2.8M
64Kennedy ChandlerUTARFANon-Bird$2.8M
65Jordan GoodwinPHXUFANon-Bird$2.8M
66Nigel HayesPHXRFANon-Bird$2.8M
67Keon EllisCLEUFANon-Bird$2.8M
68Marvin Bagley IIIDALUFANon-Bird$2.8M
69Nah'Shon HylandMINUFANon-Bird$2.8M
70Larry Nance Jr.CLEUFANon-Bird$2.8M
71Thomas BryantCLEUFANon-Bird$2.8M
72Joe InglesMINUFANon-Bird$2.8M
73Bruce BrownDENUFANon-Bird$2.8M
74Tim Hardaway Jr.DENUFANon-Bird$2.8M
75Romeo LangfordNYKUFANon-Bird$2.8M
76Landry ShametNYKUFANon-Bird$2.8M
77Jordan ClarksonNYKUFANon-Bird$2.8M
78Dante ExumWASUFANon-Bird$2.8M
79Anthony GillWASUFANon-Bird$2.8M
80Josh OkogieHOUUFANon-Bird$2.8M
81Aaron HolidayHOUUFANon-Bird$2.8M
82Jae'Sean TateHOUUFANon-Bird$2.8M
83Jeff GreenHOUUFANon-Bird$2.8M
84Javonte GreenDETUFANon-Bird$2.8M
85Gary Payton IIGSWUFANon-Bird$2.8M
86Kyle LowryPHIUFANon-Bird$2.8M
87Amir CoffeyPHXUFANon-Bird$2.8M
88Collin GillespiePHXUFANon-Bird$2.8M
89Blake WesleyPORUFANon-Bird$2.8M
90Russell WestbrookSACUFANon-Bird$2.8M
91Drew EubanksSACUFANon-Bird$2.8M
92Chris BoucherBOSUFANon-Bird$2.8M
93Doug McDermottSACUFANon-Bird$2.8M
94Eric GordonMEMUFANon-Bird$2.8M
95Bismack BiyomboSASUFANon-Bird$2.8M
96Lindy Waters IIISASUFANon-Bird$2.8M
97Jordan McLaughlinSASUFANon-Bird$2.8M
98Garrett TempleTORUFANon-Bird$2.8M
99Chris PaulTORUFANon-Bird$2.8M
100Thanasis AntetokounmpoMILUFANon-Bird$2.8M
101DeJon JarreauMEMRFANon-Bird$2.7M
102Brandon WilliamsDALUFANon-Bird$2.7M
103DeAndre JordanNOPUFANon-Bird$2.7M
104Spencer JonesDENRFANon-Bird$2.6M
105Ariel HukportiNYKRFANon-Bird$2.6M
106Isaac JonesDETRFANon-Bird$2.6M
107Quinten PostGSWRFANon-Bird$2.6M
108Keshad JohnsonMIARFANon-Bird$2.6M
109Precious AchiuwaSACUFANon-Bird$2.5M
110Monte MorrisINDUFANon-Bird$2.5M
111Mohamed DiawaraNYKRFANon-Bird$2.4M
112Kadary RichmondWASRFANon-Bird$2.4M
113Keshon GilbertWASRFANon-Bird$2.4M
114Grant NelsonBKNRFANon-Bird$2.4M
115Lawson LoveringMEMRFANon-Bird$2.4M
116Tyler BurtonMEMRFANon-Bird$2.4M
117Adama BalMEMRFANon-Bird$2.4M
118Bryce McGowensNOPUFANon-Bird$2.2M
119Hunter DickinsonNOPMinimum$2.2M
120Josh OduroNOPMinimum$2.2M
121Jaron Pierre Jr.NOPMinimum$2.2M
122Caleb WilsonCHIMinimum$2.2M
123Dailyn SwainCHIMinimum$2.2M
124Tobe AwakaCHIMinimum$2.2M
125Jaylin SellersCHIMinimum$2.2M
126Moussa CisseDALMinimum$2.2M
127John PoulakidasDALMinimum$2.2M
128Morez JohnsonDALMinimum$2.2M
129Sergio De LarreaDALMinimum$2.2M
130Tobi LawalDALMinimum$2.2M
131Vsevolod IshchenkoDALMinimum$2.2M
132Tarik BiberovicDALMinimum$2.2M
133Olivier SarrCLEMinimum$2.2M
134Tristan EnarunaCLEMinimum$2.2M
135Riley MinixCLEMinimum$2.2M
136Meleek ThomasCLEMinimum$2.2M
137Ernest Udeh, Jr.CLEMinimum$2.2M
138Mike ConleyMINUFANon-Bird$2.2M
139Tyus JonesDENUFANon-Bird$2.2M
140Jeremy SochanNYKUFANon-Bird$2.2M
141Trey JemisonNYKMinimum$2.2M
142Dillon JonesNYKMinimum$2.2M
143Kevin McCullar Jr.NYKMinimum$2.2M
144Jack KayilNYKMinimum$2.2M
145Tyler NickelNYKMinimum$2.2M
146Skal LabissiereWASUFANon-Bird$2.2M
147Sharife CooperWASMinimum$2.2M
148Julian ReeseWASMinimum$2.2M
149AJ DybantsaWASMinimum$2.2M
150Felix OkparaWASMinimum$2.2M
151David RoddyDENMinimum$2.2M
152K.J. SimpsonDENMinimum$2.2M
153Curtis JonesDENMinimum$2.2M
154Trevon BrazileDENMinimum$2.2M
155Bryce HopkinsDENMinimum$2.2M
156Alpha DialloDENMinimum$2.2M
157Oscar TshiebweHOUMinimum$2.2M
158Brooks BarnhizerOKCMinimum$2.2M
159Aday MaraOKCMinimum$2.2M
160Bennett StirtzOKCMinimum$2.2M
161Otega OwehOKCMinimum$2.2M
162Josh DixOKCMinimum$2.2M
163Tristen NewtonHOUMinimum$2.2M
164Isaiah CrawfordHOUMinimum$2.2M
165Wendell Moore Jr.DETMinimum$2.2M
166Elijah HarklessDETMinimum$2.2M
167Ebuka OkorieDETMinimum$2.2M
168Jevon CarterORLUFANon-Bird$2.2M
169Ugonna OnyensoDETMinimum$2.2M
170Trey LylesMINMinimum$2.2M
171Enrique FreemanMINMinimum$2.2M
172Zyon PullinMINMinimum$2.2M
173Rocco ZikarskyMINMinimum$2.2M
174Isaiah EvansMINMinimum$2.2M
175Trey Kaufman-RennMINMinimum$2.2M
176Colin CastletonORLMinimum$2.2M
177Alex MoralesORLMinimum$2.2M
178Izaiyah NelsonORLMinimum$2.2M
179Cameron PaynePHIUFANon-Bird$2.2M
180Seth CurryGSWUFANon-Bird$2.2M
181Charles BasseyGSWUFANon-Bird$2.2M
182Jeenathan WilliamsGSWMinimum$2.2M
183Malevy LeonsGSWMinimum$2.2M
184LJ CryerGSWMinimum$2.2M
185Yaxel LendeborgGSWMinimum$2.2M
186Lajae JonesGSWMinimum$2.2M
187MarJon BeauchampPHIMinimum$2.2M
188Caleb LovePHIMinimum$2.2M
189Labaron PhilonPHIMinimum$2.2M
190Duke MilesPHIMinimum$2.2M
191Bruce ThorntonHOUMinimum$2.2M
192Quadir CopelandHOUMinimum$2.2M
193Isaiah LiversPHXMinimum$2.2M
194Koby BreaPHXMinimum$2.2M
195CJ HuntleyPHXMinimum$2.2M
196Koa PeatPHXMinimum$2.2M
197Branden CarlsonPORMinimum$2.2M
198Chris YoungbloodPORMinimum$2.2M
199Jayson KentPORMinimum$2.2M
200Cody MartinINDUFABird$2.2M
201Gabe McGlothanINDUFANon-Bird$2.2M
202Garrison MathewsINDUFANon-Bird$2.2M
203Ethan ThompsonINDMinimum$2.2M
204Jalen SlawsonINDMinimum$2.2M
205Braden SmithINDMinimum$2.2M
206Tony BradleyATLUFANon-Bird$2.2M
207RayJ DennisATLMinimum$2.2M
208Kingston FlemingsATLMinimum$2.2M
209Zuby EjioforATLMinimum$2.2M
210Henri VeesaarATLMinimum$2.2M
211TyTy Washington Jr.LACMinimum$2.2M
212Patrick Baldwin Jr.SACUFANon-Bird$2.2M
213Norchad OmierLACMinimum$2.2M
214Sean PedullaLACMinimum$2.2M
215Keaton WaglerLACMinimum$2.2M
216Baba MillerLACMinimum$2.2M
217Nick MartinelliLACMinimum$2.2M
218Narcisse NgoyLACMinimum$2.2M
219John TonjeBOSNon-Bird$2.2M
220Chris Cenac Jr.BOSMinimum$2.2M
221Dillon MitchellBOSMinimum$2.2M
222Tucker DeVriesBOSMinimum$2.2M
223Milos UzanBOSMinimum$2.2M
224Chris MañonLALMinimum$2.2M
225Cameron CarrLALMinimum$2.2M
226AK OkerekeLALMinimum$2.2M
227Arthur KalumaLALMinimum$2.2M
228Adam FlaglerSACMinimum$2.2M
229Isaiah StevensSACMinimum$2.2M
230Daeqwon PlowdenSACMinimum$2.2M
231Darius Acuff Jr.SACMinimum$2.2M
232Alex KarabanSACMinimum$2.2M
233Emanuel SharpSACMinimum$2.2M
234Jahmai MashackMEMMinimum$2.2M
235Javon SmallMEMMinimum$2.2M
236Cameron BoozerMEMMinimum$2.2M
237Karim LopezMEMMinimum$2.2M
238Richie SaundersMEMMinimum$2.2M
239Mason PlumleeSASUFANon-Bird$2.2M
240E.J. LiddellBKNMinimum$2.2M
241Tyson EtienneBKNMinimum$2.2M
242Nolan TraoréBKNMinimum$2.2M
243Chaney JohnsonBKNMinimum$2.2M
244Mikel Brown Jr.BKNMinimum$2.2M
245Joshua JeffersonBKNMinimum$2.2M
246Tyler BilodeauBKNMinimum$2.2M
247Harrison IngramSASMinimum$2.2M
248David JonesSASMinimum$2.2M
249Jayden QuaintanceSASMinimum$2.2M
250Tarris Reed Jr.SASMinimum$2.2M
251Maliq BrownSASMinimum$2.2M
252Ja'Kobi GillespieSASMinimum$2.2M
253Trevor KeelsMIAMinimum$2.2M
254Vladislav GoldinMIAMinimum$2.2M
255Ryan ConwellMIAMinimum$2.2M
256Tre DonaldsonMIAMinimum$2.2M
257Antonio ReevesCHAMinimum$2.2M
258PJ HallCHAMinimum$2.2M
259Alijah MartinTORMinimum$2.2M
260Chucky HepburnTORMinimum$2.2M
261Allen GravesTORMinimum$2.2M
262Jaden BradleyTORMinimum$2.2M
263Nate BittleTORMinimum$2.2M
264Christian AndersonCHAMinimum$2.2M
265Hannes SteinbachCHAMinimum$2.2M
266Michael AjayiCHAMinimum$2.2M
267Kylan BoswellCHAMinimum$2.2M
268Cam ThomasMILUFANon-Bird$2.2M
269Cormac RyanMILMinimum$2.2M
270Bogoljub MarkovićMILMinimum$2.2M
271Alex AntetokounmpoMILMinimum$2.2M
272Nate AmentMILMinimum$2.2M
273Mo BambaUTARFANon-Bird$2.2M
274Brayden BurriesMILMinimum$2.2M
275Trey AlexanderUTAMinimum$2.2M
276Blake HinsonUTAMinimum$2.2M
277Tamar BatesUTAMinimum$2.2M
278Darryn PetersonUTAMinimum$2.2M
279Malique LewisMILMinimum$2.2M

A cap hold is a placeholder charge for a team's own free agent, sized by his Bird rights. It counts against the cap only, never the tax or the aprons. Renouncing a hold clears the cap room but forfeits those Bird rights.