I don't think they use it right away. Most speculation is that teams will have at least a couple years to use it. With Bayless the only other PG on the team I can't see them letting go of Calderon right now unless another quality starting PG becomes available, and I think they want to see what Kleiza looks like now that he's supposedly healthy for the first time in over a year. Bargnani still has (shrinking) trade value, and Amir Johnson, despite ESPN harping on it all the time, is a useful guy on a reasonable contract.
Unless they're going after a big UFA, there's no need - hopefully they're not planning to kick the new CBA off by massively overpaying for one of the mediocre UFAs out there on the market.
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