The Portland Trail Blazers have until tonight to unilaterally rescind the $4.04m Qualifying Offer (QO) for restricted free agent Moe Harkless:
Curious what happens today with Blazers and Mo Harkless - last day for team to unilaterally pull qualifying offer https://t.co/PsPjzBvjpJ— Eric Pincus (@EricPincus) July 23, 2016
There are a few different ways this could go. For all of them, it's important to remember the Blazers have committed over $100m in salary the next two years, and that's BEFORE signing C.J. McCollum to a likely max deal.
- Stand pat: the Blazers could do nothing, Harkless would remain a restricted free agent, and the Blazers could match any offer for him made by other teams.
- Rescind the offer now: the Blazers could let Harkless become unrestricted and save a little bit of money, but they'd be unable to sign him for any amount since they're over the cap.
- Rescind the offer later: the Blazers could hold off for the time being, then rescind the QO later. Moe would have to agree, and the Blazers would then be unable to sign him for any amount since they're over the cap.
Today is a transition day, don't expect, however, a change in status with Harkless https://t.co/8fIaFN127f— Eric Pincus (@EricPincus) July 23, 2016