Mobile Menu
HEADLINES

Month: November 2024

Extension Rumors: Hunter, C. Johnson, Poole, G. Williams, More

July 19th, 2022 at 4:05pm CST by Luke Adams

Of the players eligible for rookie scale extensions this offseason, Spurs forward Keldon Johnson became the first to sign a new deal worth less than the maximum. According to Jake Fischer of Bleacher Report (Twitter link), Johnson’s new four-year contract will have a base value of $74MM, with $1.5MM in annual unlikely incentives that could push the total value of the deal to $80MM.

Johnson’s contract will serve as a point of comparison for many of the other extension-eligible players who will be negotiating with their respective teams this summer and fall, Fischer writes in a full story for Bleacher Report.

For instance, representatives for De’Andre Hunter figure to seek a similar deal for their client, though the Hawks may be reluctant to invest heavily in a player who has appeared in just 76 games in the last two seasons due to injuries. One cap strategist who spoke to Bleacher Report said Hunter’s injury concerns “are very real,” and sources tell Fischer that the 24-year-old and Atlanta are approximately $20MM apart in their discussions about a four-year extension.

Johnson’s extension with San Antonio is worth roughly the same amount annually as deals signed by sharpshooters like Davis Bertans, Duncan Robinson, and Joe Harris, and all four of those deals will be reference points when Cameron Johnson and the Suns discuss a new deal, according to Fischer, who suggests an extension for Johnson could easily surpass $15MM per year.

Here are a few more notes from Fischer on rookie scale extension candidates from around the NBA:

  • There’s a sense that the Warriors may be best off waiting on an extension for Jordan Poole unless they can get a team-friendly rate this offseason, Fischer writes. “What’s the upside in locking him in now?” the team cap strategist said. “He’s not Luka Doncic or Donovan Mitchell, who’ve proven they can carry a team. He’s close. If he does it again, you pay him. But prior to this year he was a borderline rotation player.”
  • Cap experts who spoke to Fischer believes that the Celtics‘ four-year extension for Robert Williams (worth $48MM, plus $6MM in incentives) will be a benchmark for their extension talks with Grant Williams. However, rival executives don’t think the C’s will want to spend much more on Grant than they did on Robert.
  • The Trail Blazers and Nassir Little may both be motivated to work out a new deal this summer. As Fischer explains, Little could increase his value (and his price tag) in 2022/23 if he’s part of Portland’s new-look starting lineup, but his injury history might make him inclined to take a guaranteed payday sooner rather than later.
  • There has been no traction on extension talks between the Sixers and Matisse Thybulle, sources tell Bleacher Report. Fischer also classifies Bulls guard Coby White as a player who is unlikely to sign an extension before the season.
Retweet 4 Share 0 Send via email0

Raptors Sign Jeff Dowtin To Two-Way Deal

July 19th, 2022 at 4:00pm CST by Arthur Hill

4:00pm: The Raptors have officially signed Dowtin to a two-way contract, the team confirmed in a press release.

12:46pm: Free agent guard Jeff Dowtin will sign a two-way contract with the Raptors, tweets Shams Charania of The Athletic.

Dowtin is coming off a strong Summer League performance with Toronto, averaging 16.0 PPG while shooting 57.1% from the field in four games in Las Vegas.

The 25-year-old signed with the Magic last September, then was claimed off waivers by the Warriors before the start of the season. He played four games for Golden State before being waived again, then signed 10-day contracts with Milwaukee and Orlando.

Ron Harper Jr. holds the Raptors’ other two-way contract, so both slots will be filled once Dowtin’s signing becomes official.

Retweet 4 Share 0 Send via email0

Jaylin Williams Signs Four-Year Contract With Thunder

July 19th, 2022 at 2:51pm CST by Arthur Hill

JULY 19: The Thunder have officially signed Williams, the team announced today in a press release.

JULY 9: The Thunder have reached an agreement with second-round pick Jaylin Williams, tweets Shams Charania of The Athletic.

Williams’ new contract will be worth $8.2MM over four seasons, per Charania. The team will use part of its non-taxpayer mid-level exception to complete the signing.

Oklahoma City took the 20-year-old big man – not to be confused with Thunder first-rounder Jalen Williams – with the 34th pick in last month’s draft. He was among four draft-night selections for OKC and should compete for playing time in the front court.

Williams played two years at Arkansas and averaged 10.9 points and 9.8 rebounds per game as a sophomore. He was a first-team all-SEC selection by the coaches this season and earned a spot on the conference’s All-Defensive Team.

Retweet 5 Share 0 Send via email0

Atlantic Notes: G. Williams, Duke, Koloko, Mitchell

July 19th, 2022 at 1:50pm CST by Arthur Hill

The Celtics have a recent history of reaching extensions with their first-round picks, and Grant Williams hopes to be next, writes Jared Weiss of The Athletic. Weiss reports that Boston has already started extension talks with Williams, who displayed his value during the team’s run to the NBA Finals. He provides a strong defensive presence off the bench and shot 39.3% from three-point range during this year’s playoffs.

Williams talks about wanting to play his entire career for the Celtics and help the organization add more banners to the rafters. Weiss notes that negotiations might be tricky in light of recent deals for similar players, but Williams expressed confidence that management will be fair with him.

“Just making sure that the extension works for both sides. My number one focus is winning,” Williams said. “You take care of the good guys. You take care of the guys that provide value to your team, both on and off the floor. I feel like the Celtics are feeling the same way. I’m not too stressed about the negotiations because I feel like both parties want to get a deal done.”

There’s more from the Atlantic Division:

  • David Duke Jr. improved his chances for a standard contract after turning down a two-way offer from the Nets prior to Summer League, according to Brian Lewis of The New York Post. Duke, who also had a Summer League offer from the Raptors, showed the most improvement among Brooklyn’s second-year players in Las Vegas, Lewis observes. “The great thing is I haven’t noticed anything other than complete professionalism and dedication to playing well and doing everything we asked of him: Attacking and being aggressive within the team framework,” coach Adam Caporn said. “I just love what he’s doing defensively, picking the ball up, setting the tone. He’s doing everything the right way.”
  • The Raptors may be saving part of their mid-level exception to sign second-round pick Christian Koloko, Eric Koreen of The Athletic suggests in an overview of Toronto’s roster. Koreen adds that the team might also be waiting to to see if the Arizona center’s draft rights are needed in a trade package before officially signing him.
  • The Knicks‘ collection of young players and draft assets makes them seem like a logical landing spot for Donovan Mitchell, but Fred Katz of The Athletic looks at why Jazz CEO Danny Ainge and New York’s front office might night not be perfect trading partners.
Retweet 4 Share 0 Send via email0

Suns GM Jones On Ayton: “We Wanted Deandre Here”

July 19th, 2022 at 11:28am CST by Luke Adams

Although the Suns never offered center Deandre Ayton the five-year maximum-salary deal he originally sought, they told him throughout his free agency that they intended to match any offer sheet he signed with another team, according to Marc J. Spears of ESPN.

The Suns made good on that promise, immediately matching Ayton’s offer sheet once they received it from the Pacers. In a phone conversation with Spears, Suns general manager James Jones said the team felt it was “critical” not to waste any time making that move.

“We wanted Deandre here,” Jones said. “He’s vital to what we do, at the core of everything that we do. And throughout this whole process it was, it rang true. We wanted to keep him here, and the moment we can come to an agreement, we would. So, waiting 24 hours, 48 hours, that wasn’t something we needed to do because going into it, we knew this is where he wanted to be and where we wanted him to be.

“I’m one to just be direct. And if you’re convicted, if you know what you want to do, you do it. But if there’s any doubt from anyone that we wanted him, I think that the matching did that. It was urgent for us. It was important. It was critical for us. So, we just wanted to make sure that we handled our business quickly.”

While Jones insists that Phoenix was “where (Ayton) wanted to be,” ESPN’s Adrian Wojnarowski hears from sources that the former No. 1 overall pick was intrigued by the possibility of teaming up with Tyrese Haliburton and becoming a core player in Indiana. Speaking to Spears, Ayton indicated he was happy to be back with his former team, but also praised the club he nearly joined for how it handled the restricted free agency process.

“I got to give a lot of respect to the Pacers organization. They were aggressive from the start and showing a lot of love. And we agreed to a max offer sheet. The Suns matched. Now, I’m back in Phoenix as a Sun,” Ayton said, adding that his new contract will have a “generational impact” on his family and on the community work he can do in Phoenix and in the Bahamas, his home country.

There was plenty of chatter earlier in the offseason about the possibility of Ayton leaving Phoenix, but the Suns never showed a willingness to discuss a sign-and-trade deal with the Pacers, despite Indiana’s interest in doing so, according to ESPN.

Ayton’s final 2021/22 appearance played a part in the speculation about his offseason departure — he logged a playoff-low 17 minutes in a blowout Game 7 loss to Dallas in the Western Conference Semifinals, and was seen jawing with head coach Monty Williams on the sidelines.

However, the two men downplayed that incident in their respective interviews with Spears. Williams referred to it as a “bad day,” while Ayton said it was “in the past,” adding that he and his coach are on good terms.

“Game 7 was an anomaly,” Ayton said. “We let that get away from us as a team. That is all in the past. We’re going to look forward. We are going to move on.”

Retweet 4 Share 0 Send via email0

Bucks Sign Serge Ibaka To One-Year Deal

July 19th, 2022 at 10:26am CST by Luke Adams

JULY 19: Ibaka’s deal is now official, according to NBA.com’s transactions log.

JULY 4: Free agent big man Serge Ibaka has agreed to re-sign with the Bucks on a one-year contract, according to Shams Charania of The Athletic (Twitter link).

Ibaka, 32, was traded from the Clippers to the Bucks at the 2022 trade deadline and appeared in 19 regular season games for Milwaukee down the stretch, averaging 7.0 PPG and 5.3 RPG with a .519/.351/.800 shooting line in 17.8 MPG. He wasn’t part of the team’s playoff rotation.

Ibaka is a three-time All-Defensive player who led the NBA in blocks per game in 2012 and 2013 and was a key member of the Raptors’ 2019 championship team.

However, back issues have slowed him down to some extent in recent years — he underwent surgery in 2021 and didn’t look like his old self upon returning.

While terms of Ibaka’s new deal aren’t yet known, it appears the Bucks are confident in his ability to be a useful depth piece in the frontcourt now that he’s another year removed from that procedure on his back.

Ibaka is the fifth free agent to agree to terms with the Bucks in the last few days, joining Bobby Portis, Joe Ingles, Jevon Carter, and Wesley Matthews. Milwaukee also has eight players on existing guaranteed contracts, with first-rounder MarJon Beauchamp set to join that group.

Retweet 6 Share 0 Send via email0

How Teams Are Using 2022/23 Mid-Level Exceptions

July 19th, 2022 at 9:37am CST by Luke Adams

In addition to receiving approximately $123.7MM in cap room and being allowed to surpass that threshold in order to sign players using Bird Rights or the minimum salary exception, each NBA team also receives a mid-level exception. The value of this exception varies depending on a club’s total team salary.

A team that goes under the cap to use its available cap room, for instance, receives only a modest form of the MLE known as the room exception. An over-the-cap team receives the full mid-level exception, unless that team is also over the tax apron, in which case it gets a taxpayer version of the MLE that falls in between the full MLE and the room exception. We detailed the exact values of each form of mid-level exception earlier this offseason, but here’s a quick breakdown:

  • Room exception: Can be used for contracts up to two years, with a starting salary worth up to $5,401,000.
  • Taxpayer mid-level exception: Can be used for contracts up to three years, with a starting salary worth up to $6,479,000.
  • Full/non-taxpayer mid-level exception: Can be used for contracts up to four years, with a starting salary worth up to $10,490,000.
    • Note: Though its name suggests otherwise, using the non-taxpayer mid-level exception doesn’t mean a team can’t or won’t be above the tax line ($150,267,000) at season’s end; it simply means the team’s total salary can’t surpass the tax “apron” ($156,983,000).

Now that most of the NBA’s teams have used up their cap space, it’s worth keeping an eye on which teams still have part or all of their mid-level exceptions available, which we’ll do in the space below.

This list will be kept up to date throughout the 2022/23 league year, with new MLE deals added once those signings are officially completed and we confirm the contract details.

Note: As of January 10, the value of the exceptions below will begin to prorate downward.

Here’s where things currently stand:

Mid-Level Exception:

Non-taxpayer: $10,490,000
Taxpayer: $6,479,000

Atlanta Hawks

  • Used: $0

Boston Celtics

  • Used: $6,479,000 (Danilo Gallinari)
  • Note: Limited to taxpayer mid-level exception.

Brooklyn Nets

  • Used: $0
  • Note: Limited to taxpayer mid-level exception.

Charlotte Hornets

Chicago Bulls

Cleveland Cavaliers

Dallas Mavericks

Denver Nuggets

  • Used: $6,479,000 (Bruce Brown)
  • Note: Limited to taxpayer mid-level exception.

Golden State Warriors

Houston Rockets

Los Angeles Clippers

  • Used: $6,479,000 (John Wall)
  • Note: Limited to taxpayer mid-level exception.

Los Angeles Lakers

  • Used: $6,479,000 (Lonnie Walker)
  • Note: Limited to taxpayer mid-level exception.

Memphis Grizzlies

Miami Heat

Milwaukee Bucks

  • Used: $6,479,000 (Joe Ingles)
  • Note: Limited to taxpayer mid-level exception.

Minnesota Timberwolves

New Orleans Pelicans

  • Used: $0

Oklahoma City Thunder

Orlando Magic

Philadelphia 76ers

Phoenix Suns

  • Used: $474,851 (Ish Wainright)
  • Note: Limited to taxpayer mid-level exception.

Portland Trail Blazers

Sacramento Kings

Toronto Raptors

Utah Jazz

Washington Wizards

Room Exception:

Available: $5,401,000

Detroit Pistons

Indiana Pacers

  • Used: $0

New York Knicks

San Antonio Spurs

  • Used: $0
Retweet 10 Share 0 Send via email0

Trade Breakdown: Nuggets/Wizards Swap

July 19th, 2022 at 8:48am CST by Rory Maher

This is the third in our series breaking down the major trades of the 2022 offseason. As opposed to giving out grades, this series will explore why the teams were motivated to make the moves. Let’s dig into a pair of transactions made by the Nuggets, including a four-player deal with the Wizards…

One of the advantages of exploring trades a few weeks after they occur is that you have the benefit of hindsight and a clearer view of a team’s big-picture focus. The Nuggets went into the offseason with the goal of improving their perimeter size, athleticism, defense and depth, so let’s take a look at some of the moves they’ve made to accomplish their intended goal.

First, the Nuggets traded JaMychal Green to the Thunder. Green had been a solid player for the past handful of seasons, but his three-point shooting cratered in his second year with Denver, dropping to 26.6% – a full 10% below his career rate of 36.6% – and with the impending return of Michael Porter Jr., plus Zeke Nnaji, Aaron Gordon and Jeff Green already at the forward spots, JaMychal became an expendable piece.

The Nuggets accomplished a few different things with the deal: they moved off Green’s mid-sized contract and created a roster spot; acquired the 30th pick (used to select Peyton Watson) and a couple of future second-rounders (2023 and 2024); and created a $8.2MM traded player exception (the amount of Green’s 2022/23 salary).

The Thunder used some of their cap space to essentially punt the last pick of the first round to 2027 (top-five protected from 2027-29) in the hope that Denver’s pick will be of greater value than the last pick of the first round in 2022. Green is unlikely to ever play for the Thunder, so it’s possible they could get a second-round pick of their own if they move him, but would probably have to take on an unwanted contract in the process.

In the draft, the Nuggets selected Christian Braun with their own first-rounder (21st), an experienced, athletic wing who helped Kansas win the NCAA tournament in 2021/22. Head coach Michael Malone has praised Braun, implying that he might have a regular role as a rookie.

As previously noted, the 30th pick was used on Watson, another athletic wing with good size (6’8″). Watson was a McDonald’s All-American in high school yet rarely saw on-court action during his freshman season at UCLA, but obviously the Nuggets were high on him and he showed flashes of upside during Summer League.

Those moves essentially served as a preamble to Denver’s major trade with Washington, sending Monte Morris and Will Barton to the Wizards in exchange for Kentavious Caldwell-Pope and Ish Smith.

In a vacuum, without thinking about roster construction, it seems like the Nuggets might have been able to get more in return for two players who started last season. So why didn’t they?

A key aspect of this trade are the salaries involved. Morris is under contract at a reasonable rate – $9.1MM in ‘22/23, $9.8MM in ‘23/24 – while Barton is on an expiring deal worth $14.4MM.

Caldwell-Pope was recently extended for two seasons (with a player option in year two) after the Nuggets indicated at the time of the deal that they wanted to keep him around. For the upcoming season, he’ll make $14MM, while Smith is on expiring $4.7MM deal.

The Nuggets project to be a taxpayer next season, so shedding about $4.77MM in salary in the deal was certainly a factor, especially for a team that could be facing the repeater tax (and stiffer penalties) in subsequent seasons.

Morris is one of the top backup point guards in the league and capably served as a low-end starter last season. But with Jamal Murray projected to return to the lineup in the fall and Bones Hyland emerging as a rotation piece as a rookie, the backcourt – particularly for the smaller guard spot – was looking pretty crowded. That’s not to say the Nuggets didn’t value Morris – far from it. But the Wizards needed a point guard, and they got a good one in Morris.

Barton had been with Denver for eight years, making him the team’s longest-tenured player. While his production looked solid on paper – he averaged 14.7 PPG, 4.8 RPG and 3.9 APG on .438/.365/.803 shooting in 71 games (32.1 MPG) last season – a series of injuries have sapped his athleticism, and he’s a subpar defender with questionable shot selection.

Caldwell-Pope was the primary target for the Nuggets, as evidenced by his recent extension. He doesn’t need the ball in his hands to be effective on offense, has developed into a very good spot-up shooter, and is a solid defender. He should be a very nice complementary piece and will take over some of the defensive assignments that were perhaps given to Gordon too often last season.

The Nuggets surely haven’t forgotten battling against Caldwell-Pope in the Western Conference Finals a couple of seasons ago, and they’ve said they value his championship experience and defense. KCP was the third-best player when the Lakers won the title in 2020, bringing a new element to a Denver squad that aspires to reach those same heights in ‘22/23.

The veteran backup Smith, who will break a league record by playing for his 13th NBA team once he appears in a game for Denver, will likely serve as a backup to Murray and Hyland. However, since the Nuggets plan to ease Murray back into action, there’s a real chance Smith could get regular minutes in the upcoming season, so he wasn’t just a throw-in piece.

Based on the return the Nuggets received, it appears that Barton’s contract was viewed as a negative asset by opposing teams. Morris was the main trade chip here, but he wasn’t projected to start next season and could reasonably be viewed as a luxury rather than a necessity, particularly since Caldwell-Pope is the best defender of the group and a cleaner fit for Denver’s starting lineup.

During free agency, Denver’s biggest signing was adding Bruce Brown via the taxpayer mid-level exception. The 25-year-old is the type of player who doesn’t need the ball on offense and can switch onto virtually anyone defensively, making him an ideal fit for a team that has been looking to upgrade its defense. He’s a solid rebounder and passer and very strong for his size – he also reportedly had offers for more money, but chose the Nuggets due to fit.

The Nuggets also promoted Davon Reed, another strong defender who shot 43% from deep while on a two-way contract last season, to a minimum-salary deal. The other free agency moves were re-signing Vlatko Cancar, a restricted free agent who hasn’t seen much action during his three seasons, and signing DeAndre Jordan to a minimum deal. I didn’t love the Jordan signing, but for the sake of Nuggets fans, maybe he won’t play much.

So far this offseason, the Nuggets have essentially replaced JaMychal Green, Morris, Barton, Facundo Campazzo, Bryn Forbes, Austin Rivers, and DeMarcus Cousins with Caldwell-Pope, Smith, Braun, Watson, Brown, Reed (now playoff-eligible), and Jordan. I would definitely say they’ve accomplished their goal of improving the team’s perimeter size, athleticism, defense and depth.

The Wizards, meanwhile, entered the offseason intent on re-signing Bradley Beal and bolstering the backcourt around him, particularly at point guard.

Their first move came in the draft, when they selected Wisconsin guard Johnny Davis with their lottery pick (10th overall). It’s unclear how much playing time Davis will receive as a rookie, but some evaluators viewed him as a combo guard who could bring some much-needed toughness to D.C.

Then came the deal with the Nuggets. As previously mentioned, in a vacuum, based on production both last year and over the previous seasons, it’s hard to not view this trade as a win for the Wizards.

Morris was the clear target, a 27-year-old point guard who averaged averaged 12.6 PPG, 3.0 RPG and 4.4 APG on .484/.395/.869 shooting in 75 games (29.9 MPG). On top of his solid shooting efficiency, Morris is one of the best in the league at taking care of the ball, with a career assist-to-turnover ratio of 4.77:1.

According to Mike Singer of The Denver Post, the Nuggets received more than 20 calls inquiring about Morris, so he was clearly in-demand around the league.

The Wizards also got a buy-low candidate in Barton, who had similar offensive production to Caldwell-Pope and will provide depth on the wing. Both players are familiar with head coach Wes Unseld Jr., who used to be an assistant with the Nuggets.

The next major domino fell when the team re-signed Beal to a five-year, $251MM maximum-salary deal that includes a no-trade clause – a rarity in the NBA.

The Wizards also signed Delon Wright to a two-year, $16MM deal in free agency to further bolster the point guard position. Like Morris, Wright is a sometimes reluctant shooter despite solid averages (.453/.354/.799 career split), but he does a good job taking care of the ball.

Wright possesses excellent size at 6’5” and has a knack for being in the right place at the right time and making good decisions. I also personally rate him as one of the best point guard defenders in the league, which made him an attractive option for several teams in free agency. He recently said he joined the Wizards due to a chance at an expanded role.

Morris, Barton and Wright all have multiple seasons of playoff experience under their belts, which must have been attractive to a Wizards team that has missed out on the postseason in three of the last four seasons.

So far this offseason, the Wizards have swapped out Raul Neto, Tomas Satoransky, Caldwell-Pope and Smith for Davis, Morris, Barton and Wright. Like the Nuggets, I would say the Wizards have also accomplished their goal of improving their backcourt rotation and depth, particularly at point guard.

Essentially, I view the Nuggets/Wizards swap as a win for both teams and as a deal that contributed to clear upgrades in the clubs’ respective areas of emphasis.

Retweet 2 Share 0 Send via email0

Hoops Rumors Glossary: Minimum Salary Exception

July 19th, 2022 at 7:56am CST by Luke Adams

The minimum salary exception is something of a last resort for capped-out teams looking to add players, as well as for players seeking NBA contracts, but it’s one of the most commonly used cap exceptions.

As its name suggests, the minimum salary exception allows an over-the-cap team to sign a player to a minimum-salary deal. A contract signed using the minimum salary exception can be a one- or two-year deal, but can’t cover more than two seasons.

Teams can use the exception multiple times in a league year, giving clubs that have used all of their cap room and other exceptions an avenue to fill out their rosters. The exception also accommodates teams’ acquisitions of minimum-salary players via trade, as players signed via the minimum salary exception don’t count as incoming salary for salary-matching purposes.

Players are entitled to varying minimum salaries based on how long they’ve been in the NBA. In 2022/23, a player with no prior NBA experience is eligible for a $1,017,781 minimum salary, while a player with 10 or more years of experience is eligible for $2,905,851.

[RELATED: NBA Minimum Salaries For 2022/23]

During the current Collective Bargaining Agreement, the minimum salary is adjusted each season to reflect the year-to-year salary cap change. If the cap increases by 5%, so will minimum salaries. If the cap doesn’t change from one season to the next, neither will minimum salaries.

There’s a wide disparity between the minimum salary for rookies and for long-tenured players, with a minimum-salary veteran of 10+ seasons earning nearly three times as much as a rookie making the minimum next season. The NBA doesn’t want those pricier deals to discourage clubs from signing veterans, however, so the league reimburses teams for a portion of a minimum-salary player’s cost if he has three or more years of experience, as long as the contract is a one-year deal.

For example, when the Nuggets signed 14-year veteran DeAndre Jordan to a one-year pact for 2022/23 using the minimum salary exception, he locked in a salary of $2,905,851, but the team’s cap hit is just $1,836,090, equivalent to the minimum salary for a player with two years of NBA experience. The league will reimburse the Nuggets for the difference between Jordan’s salary and cap hit ($1,069,761).

Most salary cap exceptions can only be used once each season. For instance, when a team uses its full mid-level exception to sign one or more players, the club can no longer use that exception until the following season. Unlike the mid-level and other cap exceptions though, the minimum salary exception can be used any number of times in a single season.

The Suns, for example, have used the minimum salary exception to sign Bismack Biyombo, Damion Lee, Josh Okogie this season. They also used it to acquire Jock Landale in a trade, since he was entering the second year of a two-year, minimum-salary contract he signed in 2021.

While many exceptions begin to prorate on January 10, the minimum salary exception prorates from the first day of the regular season. If a season is 174 days long and a player signs a minimum-salary deal after 25 days have passed, he would only be paid for 149 days.

An extreme example of a prorated minimum salary occurred when the Nets converted Kessler Edwards to a minimum-salary contract on the final day of the 2022/23 season. Last year’s rookie minimum was $925,258, so Edwards received 1/174th of that amount: $5,318.

When a veteran player signs a one-year contract using the minimum salary exception midway through a season, his cap hit is prorated in the same way that his salary is.

For instance, when Goran Dragic signed with the Nets on February 22, 2022, there were 48 days left in the ’21/22 season. He earned a rest-of-season salary of $728,742 (48/174ths of his full-season minimum of $2,641,691), while his cap hit was $460,464 (48/174ths of $1,669,178, the minimum salary for a player with two years of experience).

Finally, it’s worth noting that the minimum salary exception can be used to claim a player off waivers in the same way that it can be used to trade for a player. However, in both cases, a minimum-salary player can’t be acquired in a trade using the minimum salary exception if his contract is for more than two years or if his salary exceeded the minimum in any previous year of the contract.

For example, when the Thunder waived Isaiah Roby in early July, he was earning a minimum salary for 2022/23 ($1,930,681). But Roby was entering the fourth year of his contract and had earned more than the minimum in his first season of that deal ($1.5MM in ’19/20) — both of those factors made him ineligible to be claimed using the minimum salary exception, so the Spurs had to use cap room to place a claim on him.

Here are a few more notes on the minimum salary exception:

  • Players signed using the minimum salary exception are eligible for trade bonuses, but not incentive bonuses. A minimum-salary player with a trade bonus cannot be acquired in a trade using the minimum salary exception unless he waives that bonus.
  • When a minimum-salary player is traded during the season, any reimbursement from the NBA is split between his two teams. It’s prorated based on the number of days he spends with each club.
  • If a minimum-salary player with a non-guaranteed salary is waived before he exceeds the minimum for a two-year veteran, his team won’t be reimbursed for any portion of his salary.
  • Virtually every 10-day contract is for the minimum salary — often the minimum salary exception is the only way for clubs to accommodate any 10-day deals. The NBA also reimburses teams for a portion of the 10-day minimum salary for veterans with three or more years of experience.

Note: This is a Hoops Rumors Glossary entry. Our glossary posts will explain specific rules relating to trades, free agency, or other aspects of the NBA’s Collective Bargaining Agreement. Larry Coon’s Salary Cap FAQ and the Basketball Insiders salary pages were used in the creation of this post.

Earlier versions of this post were published in previous years by Luke Adams and Chuck Myron.

Retweet 4 Share 0 Send via email0
Load More Posts