March 9-11 -- Clubs are permitted to enter into contract negotiations with certified agents of players who will be Unrestricted Free Agents at the end of the current League Year.
March 12 -- Prior to 4:00 p.m., New York time, clubs must exercise options for 2013 on all players who have option clauses in their 2012 contracts.
March 12 -- Prior to 4:00 p.m., New York time, clubs must submit Qualifying Offers to their Restricted Free Agents with expiring contracts and to whom they desire to retain a Right of First Refusal/Compensation.
March 12 -- Prior to 4:00 p.m., New York time, clubs must submit a minimum salary offer to retain exclusive negotiating rights to their players with expiring 2012 contracts and who have fewer than three seasons of free agency credit.
March 12 -- All 2012 player contracts will expire at 4:00 p.m., New York time.
March 12 -- Top-51 Begins. All clubs must be under the Salary Cap prior to 4:00 p.m., New York time.
March 12 -- The 2013 League Year and Free Agency period begin at 4:00 p.m., New York time.
March 12 -- Trading period begins at 4:00 p.m., New York time, for 2013 after expiration of all 2012 contracts.
We then can see whats really going to start happening. We will know more about who teams want to keep and know more about who were possibly going after.