Jae Crowder‘s new one-year contract with Milwaukee is for the veteran’s minimum, league sources tell Eric Nehm of The Athletic (Twitter link).
The Bucks held Crowder’s Bird rights, so they could have given him any salary up to his maximum. Obviously he was never going to receive anything close to $47.6MM next season, but it’s still interesting that he accepted such a significant pay cut after making $10.2MM in 2022/23.
Crowder just completed his 11th NBA season. As our list of minimum salaries for ’23/24 shows, the 33-year-old will earn about $3.2MM on his new deal, while the Bucks will carry a $2MM cap hit.
Here are more contract details from around the NBA:
- Jerami Grant received the most lucrative contract in free agency in terms of total value, earning $160MM over five years to stay with the Trail Blazers. The fifth year of Grant’s deal is a player option, tweets Michael Scotto of HoopsHype.
- Center Dwight Powell re-signed with the Mavericks as a free agent, inking a three-year, $12MM deal. Similar to Grant, Powell has a player option for the final season, per ESPN’s Tim MacMahon (Twitter link). Powell reportedly drew interest from Houston, but decided to stay with Dallas.
- Jeff Green‘s two-year contract with the Rockets features a non-guaranteed team option in 2024/25 and $1.6MM per season in bonuses that are considered likely to be achieved, sources tell Scotto (via Twitter). That means Green’s annual cap hits will be $9.6MM. ESPN’s Bobby Marks was first to report that the original terms of Green’s contract agreement had been amended, with Houston using cap room to sign the veteran forward.
- The Lakers signed second-rounder Maxwell Lewis to a standard four-year contract using the new second-round pick exception, reports Khobi Price of The Southern California News Group (Twitter link). Lewis will receive guaranteed salaries of $1.1MM as a rookie next season (the minimum) and $1.4MM in ’24/25. Sources tell Price the third year of the contract is partially guaranteed for $100K, while the fourth and final season is a team option.
Grant won free agency
Crowder must have realized he was stupid to hold out and played like hot garbage last season when he did play.
Or that since he wanted to be in MKE, and has already made more money than he ever dreamed of, didn’t care about the dollars as much as being home.
Nah.
It’s not the amount per year that Jerami bagged (32 mil is the price of any decent player nowadays), it’s the number of years that he’s got + the player option in the 5th. Cray!
Grant has improved every yr since coming into league. That’s the mark of a real player. He’s earned every dollar he’s going to make. And will better by the end of contract.