The winning bid will be revealed after 4 p.m. CT on Friday.
Teams under the salary cap, which include the Mavs, Portland Trail Blazers and Phoenix Suns, among others, had first shot to bid for Brand. The Mavs were expected to make an "aggressive" bid and they have high hopes of landing the 6-foot-8 veteran forward and adding him to a front line with Dirk Nowitzki and Chris Kaman.
If there are no bids, which is highly unlikely, then Brand would become a free agent and could sign with any team.
The team that submits the winning bid will be responsible for paying that amount of the $18.2 million Brand is owed on the final year of his contract. The Philadelphia 76ers, the team that amnestied Brand, will be responsible for the balance.