9:47am: McDaniels will make the minimum salary this year, as Wojnarowski reveals in his full story, one that suggests that the small forward simply signed the required tender that teams must make in order to retain the rights to their second-round picks. He rejected a long-term offer with terms similar to what Grant has in his contract, as agent Mark Bartelstein explains to Wojnarowski.
“The 76ers have a philosophy that they’re adhering to, and we totally respect that, but it doesn’t fit for K.J. and us,” Bartelstein said. “I just totally disagree with the idea of doing a four-year deal that includes a structure of two non-guaranteed years. We think K.J. is going to be a good player, and it came down to doing a one-year deal and letting the market determine his value. There’s no hard feelings. The Sixers’ philosophy has worked for them. It just doesn’t work for us.”
WEDNESDAY, 8:51am: McDaniels is getting a one-year, non-guaranteed deal, setting himself up for restricted free agency next summer, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link).
TUESDAY, 9:10pm: McDaniels hasn’t signed his contract as of this afternoon and didn’t report to training camp Tuesday, reports Keith Pompey of the Philadelphia Inquirer. Pompey implies that McDaniels isn’t happy with the team’s offer, but adds that the Sixers do expect him to sign it soon.
MONDAY, 4:22pm: The Sixers have signed K.J. McDaniels and Jerami Grant, two of the team’s second-round picks from June, the team acknowledged as it released its training camp roster via press release. The team has plenty of cap space, but it’s not immediately clear how much of it goes to McDaniels and Grant, nor is it known whether their deals are guaranteed. The roster also serves as an official announcement of previously reported deals with No. 3 overall pick Joel Embiid, Ronald Roberts Jr. and JaKarr Sampson. Absent from the roster are Malcolm Lee, Drew Gordon and Pierre Jackson, whom offseason reports indicated the Sixers had agreed to sign, so presumably those deals are off.
McDaniels, the 32nd overall pick, is a small forward who’s a heady player with a strong motor who seems poised to outperform his draft position, as Eddie Scarito of Hoops Rumors wrote when he examined the former Clemson Tiger’s prospect profile. Grant, a combo forward from Syracuse, carries plenty of athleticism but plenty of unknowns, too, though he appears to be a strong value as a second-rounder, as Eddie’s profile of the No. 39 overall pick reads. Vasilije Micic and Jordan McRae, the team’s other second-round picks, are playing overseas, as our list of draft pick signings shows.
Philadelphia is bringing 20 players to camp, though only eight are known to have fully guaranteed salary. Roberts, Sampson and Jarvis Varnado have partially guaranteed deals, but it’s seemingly an otherwise wide-open competition for opening-night roster spots.
Great move for the player in my opinion, but I have a CBA question. His QO next year is reported as being $1.2 million…how do they determine what this number is?
Actually, Adam, I believe that $1.2MM figure is inaccurate. QO’s for second-round picks are the greater of 125% of his salary in the previous season or the minimum salary plus $200K, so that would set McDaniels up for a QO worth $1,045,059 (next year’s minimum plus $200K, since that would be more than 125% of his $507,336 minimum salary for this year).
That would change, however, if McDaniels qualifies for the starter’s criteria (41 games started or 2,000 minutes played). In that case, his QO would be $3,270,004.
–Chuck
If he met the starter criteria, wouldn’t it be $2,725,003? [1,187,100 (2011’s 21st pick 3rd year scale amount) x 1.593 (4th year team option raise) x 1.441 (QO raise over 4th year salary)]
Sorry, trying to understand this since I haven’t seen it before
Ah, I think you’re right. I was basing it on 120% of the rookie scale that year rather than 100%. But, in any case, I don’t think it’ll be $1.2MM either way.
–Chuck
What an idiot. Defensively he’s ready but offensively he’s not! Good luck making a team next year. Because the Sixers will definitely not offer you a qualifying offer because they’ll loads of 1st and 2nd round picks and they need roster space for the non guaranteed contracts.