NBA teams combined to hand out more than $450MM in rookie scale extensions this year, based on estimates of the maximum salaries that Kyrie Irving and Klay Thompson are set to receive and the outcome of incentive clauses for a number of others. A total of nine players out of 21 who were eligible to sign rookie scale extensions did so, and those who failed to do so are now set to become restricted free agents next summer. Here’s a recap of the week that was…
- Jimmy Butler rejected the Bulls‘ extension proposals that were reportedly set to pay him approximately $11MM per season.
- The Thunder and Reggie Jackson failed to come to terms on an extension.
- Extension talks were unsuccessful between the Cavs and Tristan Thompson.
- Ricky Rubio inked a four-year, $55MM deal, which includes $1MM in incentives with the Wolves.
- The Lakers, Pacers, and Rockets are interested in signing Quincy Miller.
- Norris Cole and the Heat were unable to reach an agreement on an extension.
- The Warriors signed Klay Thompson to a four-year max extension.
- Anderson Varejao came to terms with the Cavs on a three-year, $30MM extension.
- The Jazz and Alec Burks signed a four-year, $42MM extension.
- Brandon Knight was unable to agree to an extension with the Bucks.
- The Cavs waived A.J. Price and signed free agent guard Will Cherry.
- Extension talks were unsuccessful between the Magic and Tobias Harris.
- Kawhi Leonard will become a restricted free agent next summer after he and the Spurs failed to reach an agreement on an extension.
- The Knicks declined their team option for Shane Larkin.
- The Sixers picked up their team options for Nerlens Noel, Michael Carter-Williams, and Tony Wroten.
- Terrence Jones and Donatas Motiejunas had their team options exercised by the Rockets.
- Russell Westbrook had surgery and is expected to miss six to eight weeks.
- In the wake of Westbrook’s injury, the Thunder are considering signing Gal Mekel.
- The Hawks declined their team option for John Jenkins.
- Dennis Schröder had his team option picked up by the Hawks.
- The Warriors picked up the team options for Harrison Barnes and Festus Ezeli, and declined to pick up Nemanja Nedovic‘s.
- Kemba Walker inked a four-year, $48MM extension with the Hornets.
- The Celtics exercised their team options for Tyler Zeller, Jared Sullinger and Kelly Olynyk, and waived Jarell Eddie.
- J.J. Barea cleared waivers and signed with the Mavericks.
- The Hornets opted in with Michael Kidd-Gilchrist and Cody Zeller.
- Gal Mekel was waived by the Mavs.
- The Lakers‘ Julius Randle broke his leg and is expected to miss the entire season.
- Enes Kanter was unable to come to terms on an extension with the Jazz.
- Former Grizzlies CEO Jason Levien is interested in buying the Hawks.
- The Clippers opted in with guard Reggie Bullock.
- Former Rocket Josh Powell is considering retirement and a possible move to the coaching ranks.
- The Bucks fully guaranteed Kendall Marshall‘s contract for the 2014/15 season.
- Tim Hardaway Jr. had his team option picked up by the Knicks.
- The Jazz signed and waived Tre’ Bussey.
- Travis Outlaw was waived by the Sixers, after being acquired in a trade with the Knicks for Arnett Moultrie, who was waived by New York as well.
- The Bucks waived Michael Eric.
- Marquis Teague and Elliot Williams were waived by the Sixers.
- The Kings brought free agent Terrence Williams in for a workout.
- Miles Plumlee‘s fourth year option was picked up by the Suns, and the team also exercised its options on Alex Len and Archie Goodwin.
- The Bulls picked up their team option with Tony Snell.
- Carrick Felix was waived by the Jazz, who also claimed Jordan Hamilton and Joe Ingles off waivers.
- The Blazers exercised the rookie scale options for Meyers Leonard and CJ McCollum.
- Will Bynum was waived by the Celtics.
- The Blazers declined Thomas Robinson‘s team option.
- Rodney McGruder, Erik Murphy, Tim Frazier and Christian Watford were waived by the Celtics.
- The Nuggets waived Quincy Miller, Marcus Williams and Jerrelle Benimon.
- Malcolm Thomas signed a free agent deal with the Sixers.
- The Rockets waived Jeff Adrien and Ish Smith, as well as Robert Covington.
- The D-League draft was held and Covington was the top pick.
- Earl Clark and Akeem Richmond were also released by Houston.
- The Nuggets intend to pick up their 2015/16 team option on Timofey Mozgov.