The value of teams’ unused mid-level exceptions and bi-annual exceptions begins to prorate downward
Exceptions prorate down by 1/174th per day.
Most offseason signees become eligible for inclusion in trades
Also the last day to apply for a disabled player exception.
Last day to waive non-guaranteed NBA contracts (including two-way contracts) before guaranteed for rest of the season
Salaries officially guarantee on January 10 if players haven’t cleared waivers before this date.
Priority order for waiver claims is now based on 2024/25 record rather than 2023/24 record
Teams with the worst records receive the highest waiver priority.