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Apparently Van Exel and Dampier can opt out of their contracts at the end of the season. However, I don't see Van Exel opting out, and if Dampier does he would want a lot more money. As I've stated before, I only would agree with this deal if they included Dunleavy or one of their other prospects.
http://www.sfgate.com/cgi-bin/article.cgi?f=/chronicle/archive/2004/01/30/SPG224LFM01.DTL
http://www.sfgate.com/cgi-bin/article.cgi?f=/chronicle/archive/2004/01/30/SPG224LFM01.DTL