5:00 pm: Wieskamp’s deal is worth the minimum salary and doesn’t currently include any guaranteed money for 2023/24, tweets Anil Gogna of No Trade Clause. Wieskamp’s salary for next season would become guaranteed if he remains under contract beyond June 30.
10:15am: The Raptors have signed free agent swingman Joe Wieskamp to a multiyear contract, the team announced today in a press release.
Wieskamp previously signed a pair of 10-day contracts with Toronto in January. Because teams aren’t permitted to sign a player to more than two standard 10-day deals in a single season, the Raptors were unable to bring back the 23-year-old without committing to him for at least the rest of 2022/23.
Now that the trade deadline has passed and Toronto still had an open spot on its 15-man roster, the club has decided to re-sign Wieskamp to fill that opening.
In his first 20 days as a Raptor, Wieskamp appeared in just two games, scoring nine points in 17 minutes and making 3-of-4 three-pointers. The former Iowa standout has spent most of this season in the G League, where he has averaged 16.7 PPG and made 41.2% of his threes in 19 total contests for the Wisconsin Herd and Raptors 905.
Wieskamp was drafted 41st overall in 2021 by the Spurs and spent most of his rookie season on a two-way contract with San Antonio. The 23-year-old re-signed with the Spurs last August on a two-year deal that included a guaranteed $2.175MM salary for 2022/23, but was the victim of a roster crunch in San Antonio and was waived in October just before the regular season tipped off.
The deal with Wieskamp likely means that the Raptors won’t be a player in the buyout market, according to Blake Murphy of Sportsnet.ca (Twitter link). While Toronto could waive a player to open up another roster spot if needed, its team salary is quite close to the luxury tax line, Murphy notes.
The exact terms of Wieskamp’s new contract aren’t yet known, but it seems unlikely to include much – if any – guaranteed money beyond the current season. Assuming it’s a minimum-salary deal, he’ll earn $545,989 for the rest of 2022/23.
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