What happened: The league’s hard salary cap limits teams’ ability to absorb contracts. New roster-construction rules include a minimum salary cap exception and expanded veteran protection.
Why it matters: The changes could give front offices more flexibility than at past deadlines, which have often produced limited activity. Contenders must balance immediate upgrades against future draft and roster assets.
By the numbers: Teams may carry seven protected veteran contracts, up from six.
What to watch: Watch for completed deals and the roster or draft assets exchanged before the window closes.