What happened: Trade protection now The total centers on whether the clause system can be reformed during the 2026-27 regular season.

Why it matters: Widespread protection gives players veto power over moves and shrinks the trade market for buyers and sellers. Cap planning gets harder when high-dollar deals require approval to move.

What to watch: League and union discussion on limits to clause use and structure is the next marker. Deadline activity will show how many deals require player approval.