2023 August | Hoops Rumors

Hoops Rumors Glossary: Exhibit 9 Contract

August 16th, 2023 at 2:40pm CST by Luke Adams

When NBA teams are in the process of filling out their training camp rosters, the most common form of deal signed by players around the league is the Exhibit 10 contract. An Exhibit 10 contract can be converted into a two-way deal or puts a player in line to earn a bonus if he’s waived and then joins his team’s G League affiliate.

Many of those non-guaranteed training camps also include an Exhibit 9 clause in addition to – or in place of – Exhibit 10 language.

An Exhibit 9 clause protects an NBA team in the event that a player suffers a significant injury in training camp.

If a player on a standard non-guaranteed contract without an Exhibit 9 clause suffered such an injury, his club would be required to pay him his salary until he’s healthy enough to play or until the end of that season, whichever comes first. For example, a player on a non-guaranteed rookie minimum deal who sustained a season-ending ACL tear would be owed his full $1,119,563 salary.

If the injured player’s contract includes Exhibit 9 language, however, his team could waive him and only be on the hook for a one-time payment of $15K. That amount has increased from $6K in the NBA’s previous Collective Bargaining Agreement.

An Exhibit 9 contract, which is non-guaranteed and doesn’t count against the salary cap until the start of the regular season, can only be a one-year, minimum-salary deal. A team can carry up to six players on Exhibit 9 deals, but can’t sign a player to such a contract unless it has at least 14 players already under contract (not including two-way deals).

In most cases, if a team plans to have a player on a non-guaranteed contract participate in training camp and/or the preseason, his contract will include an Exhibit 9 clause in order to limit the club’s liability.

Earlier this offseason, for example, the Rockets wanted to begin signing their training camp invitees, but only had 13 players on standard contracts. Houston signed Joshua Obiesie to an Exhibit 10 pact, making him their 14th man and meeting the roster minimum required to begin completing Exhibit 9 deals. Because the Rockets don’t have injury protection for Obiesie, they reportedly have no intention of having him take part in camp.

The Heat took a similar approach, signing Brandon McCoy as their 14th man to an Exhibit 10 contract that didn’t include an Exhibit 9 clause. With 14 players on standard contracts, Miami subsequently signed several players to Exhibit 9 deals, waiving McCoy in the process — he won’t be on the Heat’s camp roster.

An Exhibit 9 contract that also includes Exhibit 10 language can be converted into a two-way deal. In that scenario, the Exhibit 9 clause would become null and void, so the team would no longer have injury protection.

In the event that a player with Exhibit 9 language in his contract makes his team’s regular season roster, his deal would be converted to a standard non-guaranteed contract. The Exhibit 9 protection wouldn’t carry over into the regular season.

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 was used in the creation of this post.

An earlier version of this article was published in 2014.

Bucks’ Bobby Portis Talks Team USA, Contract, Griffin

August 16th, 2023 at 1:19pm CST by Luke Adams

Bucks big man Bobby Portis is one of 12 players suiting up for the USA Basketball team that will compete in the 2023 World Cup that tips off next week.

Speaking to Sam Yip of HoopsHype, Portis said that it has been “pretty great” representing his country in international competition so far and that the team is still focused on building chemistry and adjusting to the FIBA rules as it gears up for group play.

In his conversation with Yip, Portis also addressed his role as Team USA’s de facto veteran leader, the Bucks’ new head coach, and a handful of other topics. Here are a few highlights:

On what’s expected of him as Team USA’s elder statesman at age 28:

“Man, I just come in every day and be Bobby Portis. That’s all I know how to be, since day one, in my time in the league, man. I’ve never changed who I am, stay true to myself, work on my game each and every year and get better. And try to be a leader working on my leadership qualities over the last three, four years in the league, especially when I got to the Bucks being around great savvy vets like Giannis [Antetokounmpo], Brook Lopez, Jrue [Holiday], Khris [Middleton], all my guys. The core group of guys, those guys, let me kind of be myself. Let me have a voice. And it’s been cool, man. So, my role on this team is to be Bobby, man. It’s all I know how to be.”

On whether signing a four-year, $48.6MM contract in 2022 gave him a sense of validation:

“I mean, yeah, but every year is a prove-it year, man. Just because you got a deal doesn’t mean you got to stop working and keep building brick by brick. Keep chopping wood and carrying water, that’s the motto. Can’t get complacent, can’t get comfortable in the league.

“There are 40, 50, 60 guys that want to have a guaranteed spot every year on a new team. And there’s gonna be 40, 50, 60 guys that are going to get pushed out. So gotta keep getting better each and every year. Can’t be satisfied with whatever you need to be. Whether it is $20 million, $100 million, $200 million. Gotta keep going. Gotta keep chopping wood and getting better.”

On what he hopes new head coach Adrian Griffin brings to Milwaukee:

“I don’t like to compare the past and the future, but I just hope he lets us be us, and be the player-driven team. We have a lot of guys on our team that’s done this before, so we kind of know what it takes to get to that next level. Our biggest thing on the Bucks is just staying healthy. No matter who it is that’s coaching whatever it is, we got to be healthy.”

Josh Green: Would Be “Amazing” To Be In Dallas Long-Term

August 16th, 2023 at 11:41am CST by Luke Adams

Mavericks shooting guard Josh Green is eligible for a rookie scale extension this offseason and would be interested in getting a deal done before the season begins, he told Olgun Uluc of ESPN.

While Uluc’s conversation with Green focused primarily on his involvement with the Australian national team and the upcoming World Cup, it also touched on the 22-year-old’s NBA contract situation. He said a new deal isn’t at the front of his mind for the time being, but acknowledged that the idea of locking in a long-term extension with the Mavericks appeals to him.

“I hope it happens,” Green said. “I want to be in Dallas. I love Dallas. I love the fan base, love the guys. To think I could be in Dallas long-term would be amazing.”

The 18th overall pick in the 2020 draft, Green played a modest role for the Mavs as a rookie and saw a slight uptick in playing time during his second year. But it wasn’t really until 2022/23 that he emerged as an important rotation player for the club, averaging 9.1 points, 3.0 rebounds, and 1.7 assists in 25.7 minutes per game across 60 contests (21 starts). He also shot an impressive 53.7% from the field, including 40.2% on three-pointers.

Dallas reportedly resisted trade interest in Green earlier in the summer and appears to be penciling him in as a key piece of its lineup for 2023/24. The offseason departures of Reggie Bullock, Justin Holiday, and Frank Ntilikina could clear a path to more minutes on the wing for Green, though the team did add Dante Exum and Seth Curry and likely envisions a greater role for Jaden Hardy too.

If Green doesn’t sign a rookie scale extension before the first day of the 2023/24 regular season, he’ll be on track for restricted free agency next summer.

Celtics Expect Porzingis To Be Cleared For Training Camp

August 16th, 2023 at 10:01am CST by Luke Adams

After Kristaps Porzingis announced on Tuesday that he won’t be available this summer for Latvia in the 2023 World Cup, the Celtics confirmed on Wednesday that the big man has been diagnosed with plantar fasciitis in his right foot and offered an update of their own on their most significant offseason addition.

According to the Celtics (Twitter link), Porzingis will begin a rehab program that will last about four to six weeks. The expectation is that he’ll be cleared in time for the start of training camp this fall, per the club.

While the foot issue isn’t an ideal start to Porzingis’ stint as a Celtic, it’s good news for the team that he won’t risk making the injury worse by competing in the World Cup and that he remains on track to be available for the start of the season.

Porzingis, 28, enjoyed perhaps the best year of his NBA career in 2022/23, averaging 23.2 points, 8.4 rebounds, 2.7 assists, and 1.5 blocks in 32.6 minutes per game across 65 appearances. Those 65 games were the most that the 2015 lottery pick had played in a single season since 2016/17, and his 49.8% field goal percentage was a new career high.

The Celtics, who lost the NBA Finals in 2022 and fell one game short of winning the East again this spring, are hoping that Porzingis will provide the club with a new look on offense while sharing rim-protecting duties with Robert Williams and Al Horford on defense. Acquired in a June trade with Washington, Porzingis signed a two-year extension with Boston last month that will keep him under team control through the 2025/26 season.

Contract Details: Hart, T. Taylor, Mavericks

August 16th, 2023 at 9:06am CST by Luke Adams

Josh Hart‘s four-year extension with the Knicks, previously reported to include a fourth-year team option, has very straightforward terms, as Ian Begley of SNY.tv writes.

The deal, which begins at $18,144,000 (the maximum 40% raise on Hart’s $12.96MM salary for 2023/24) is fully guaranteed for the first three seasons and doesn’t include any performances bonuses.

The only detail slightly different than anticipated is that the annual raise between years one and two isn’t quite for the full 8%, so Hart’s four-year total is approximately $80.9MM instead of $81.3MM. The guaranteed portion of the contract extension comes in at $58.54MM.

Begley believes the contract will ultimately be judged based on how healthy Hart stays over the next few years and how much success the Knicks have during that time, since the forward seems unlikely to significantly improve his production in any specific area. The average annual value of Hart’s deal lands between the new contracts signed by Dillon Brooks and Caris LeVert, Begley notes.

Here are a few more details on recently completed NBA contracts:

Terry Taylor‘s new deal with the Bulls is a two-year, minimum-salary contract, tweets Keith Smith of Spotrac. It’s currently non-guaranteed, but Taylor would receive a partial guarantee worth $350K if he lasts through the first day of the regular season. That partial guarantee would increase to $700K if he remains under contract through December 15, Hoops Rumors has learned. Taylor would be assured of his full salary for 2023/24 if he isn’t waived by the league-wide guarantee date in January and would receive his full ’24/25 salary if he isn’t waived on or before July 7, 2024.
The trio of players signed by the Mavericks on Monday – Greg Brown, Joe Wieskamp, and Jordan Walker – all received Exhibit 10 contracts, Hoops Rumors has learned. All three will receive bonuses worth $75K if they’re waived before the season and then spend at least 60 days with Dallas’ G League affiliate.
In case you missed it, Jordan Miller‘s two-way contract with the Clippers covers two seasons, as we relayed on Tuesday evening. Miller is one of seven players to sign a two-year two-way deal this summer, as our tracker shows.

Jamal Murray Won’t Play In 2023 World Cup

August 16th, 2023 at 7:30am CST by Luke Adams

Nuggets guard Jamal Murray won’t play for Team Canada in the 2023 World Cup, Canada Basketball announced today on its official website.

Murray reported to training camp for the Canadian national team, but his status for the FIBA World Cup was always considered to be up in the air due to his lengthy postseason run in Denver this spring. He was ruled out for Canada’s first few exhibition games in Germany and now won’t be part of the squad that travels to Indonesia to begin its group play schedule on August 25.

“When I came into training camp, I wanted to see how my body would respond after a long and demanding season and if I would be physically able to compete at the highest level required for the World Cup,” Murray said in a statement. “In consultation with medical staff and the team, it is clear that additional recovery is required, and I have made the difficult decision to not participate in the tournament.

“It’s still a dream of mine to represent Canada at the Olympics, and I will support the team every step of the way as they pursue this goal.”

Canada would qualify for the 2024 Olympics in Paris – and give Murray a chance to suit up for the club next summer – by placing as one of the top two teams from the Americas in the World Cup. Obviously, Team USA will be Canada’s top competition in that field, but several others – the Dominican Republic, Puerto Rico, Mexico, Venezuela, and Brazil – will be vying for one of those top two spots.

Although the Canadian team – led by NBA players like Shai Gilgeous-Alexander, RJ Barrett, Dillon Brooks, and Luguentz Dort – is a deep and talented one, the group doesn’t have much experience playing together in international competitions, so clinching an Olympic berth next month is far from a lock. The first step will be reaching the knockout stage of the tournament with a top-two finish in a group that also features France, Latvia, and Lebanon.

Northwest Notes: George, Edwards, Reid, Braun

August 15th, 2023 at 9:56pm CST by Dana Gauruder

Jazz rookie Keyonte George has been cleared to resume all on-court activities, Andy Larsen of the Salt Lake Tribune tweets via a team statement.

George was named to the Las Vegas Summer League First Team despite suffering a right ankle sprain. The Baylor product, who was drafted with the No. 16 pick, could be in the mix for the Jazz’s starting point guard job.

We have more from the Northwest Division:

Anthony Edwards is one of the top options for Team USA this summer heading into the World Cup. Timberwolves point guard Mike Conley expects Edwards to be better than ever during the upcoming NBA season, Jon Krawczynski of The Athletic tweets. “He’s working on all facets of his game. He’s hungry, he’s angry, he’s all that at the same time,” Conley said. “It’s going to be really fun to see his development and how he comes back this season.”
Timberwolves center Naz Reid is no longer under the radar after signing a three-year, $42MM extension. He told Krawczynski that he’s fine with the added pressure that comes with the contract. “Bigger role, bigger expectations,” Reid said. “So I’m definitely going to show I’ve improved, in every facet of the game, maturity, basketball or whatever the case may be. Higher pay comes higher responsibility. This is what comes with it. So I’m ready for it.”
What player needs to step up the most for the Nuggets to repeat as champions? Harrison Wind of DNVR Nuggets believes Christian Braun fits that description with the anticipation that Braun can expand his offensive contributions.

Western Notes: Mavs, Wembanyama, Hendricks, Rockets

August 15th, 2023 at 8:38pm CST by Dana Gauruder

Mavericks general manager Nico Harrison has expressed that he may be done with offseason moves, though The Dallas Morning News’ Brad Townsend has his doubts. Harrison feels “good” about how the roster looks now.

“I feel like we accomplished the goals that we set out to do, every step of the way,” he said. “So in that regard, on paper, it feels good. So we’ll see how it turns out.”

Townsend notes that JaVale McGee is still on the roster, though he doesn’t appear to be in the team’s plans. The Mavs are also in need of an upgrade at center and are only marginally improved at the forward spots compared to last offseason.

We have more from the Southwest Division:

The league’s broadcast partners are showcasing top pick Victor Wembanyama during the in-season tournament, ESPN’s Tim Bontemps notes. The Spurs will have three of their four group play contests shown by either TNT or ESPN. They are the only team that has more than two of its four group play games on ESPN and TNT.
Jazz lottery pick Taylor Hendricks, who sat out Summer League due to a right hamstring strain, has been cleared to participate in all on court activities, Eric Walden of the Salt Lake Tribune tweets. Another Jazz rookie, Brice Sensabaugh, continues to make progress after undergoing left knee surgery in March.
Forward Jae’Sean Tate believes the Rockets will be vastly improved defensively, he told Kelly Iko of The Athletic. “We can be very problematic for teams,” he said. “When you have guys with length, guys who can match the physicality of the opposing team, it’s hard for them to get an advantage. You have guys on the team who can guard multiple positions at once. It makes it hard for them to score.”

Los Angeles Notes: G League Coach, Miller, Harden

August 15th, 2023 at 7:10pm CST by Dana Gauruder

The South Bay Lakers have promoted Dane Johnson to their head coaching position, according to a press release from the NBA G League team.

Johnson spent the last six seasons on the South Bay coaching staff, including one season as associate head coach (2022/23), four seasons as an assistant coach and one year as a coaching assistant.

“Dane has developed many coaching attributes over the last seven years with this organization,” South Bay Lakers team president Joey Buss said. “We are excited to see his growth in becoming our next head coach. He has a key understanding of our culture and goal of winning a championship while developing high-level talent for the NBA.”

The position opened up when Miles Simon departed the Lakers organization to become an assistant coach with the Suns.

We have more from the Los Angeles teams:

Jordan Miller‘s two-way contract with the Clippers is for two years, Spotrac contributor Keith Smith tweets. Miller signed a two-way deal earlier this month. Miller, a Miami (Fla.) product, was the 48th overall pick of June’s draft.
The Clippers are content to sit and watch how the James Harden–Sixers situation plays out, according to Law Murray of The Athletic. The same tradable contracts they have in a potential Harden deal aren’t going anywhere, though with training camp starting in seven weeks the Clippers will eventually reach a point where they no longer can be patient due to their “championship or bust” approach.
The Lakers will open their in-season tournament schedule with the Suns on Nov. 10, Duane Rankin of the Arizona Republic notes. For more info on the tournament, click here.

Latest On James Harden

August 15th, 2023 at 5:27pm CST by Dana Gauruder

During an appearance on NBA Today on Tuesday, ESPN insider Ramona Shelburne said that James Harden will continue to ramp up his public feud with the Sixers’ brass until he’s traded (YouTube link).

Harden, who has demanded a trade, publicly called Sixers team president Daryl Morey a “liar” during an appearance in China. Harden is upset that Philadelphia didn’t offer him a lucrative long-term deal and hasn’t subsequently granted his trade request.

“Somebody said to me yesterday, ‘This is only the beginning. This is just the beginning of what James Harden is going to do to make life very uncomfortable for the Philadelphia 76ers going into training camp,'” Shelburne said.

We have more on the Harden-Sixers drama:

On the same show, ESPN’s Adrian Wojnarowski indicated that Harden’s strategy could very well backfire (Twitter link): “This is a player who wants to continue to play in the NBA, who wants to continue to earn at a high level,” he said. “You don’t help yourself elsewhere in the future getting out of a situation this way.”
Joel Embiid has removed references to his affiliation with the Sixers on his social media accounts, ESPN’s Get Up program noted (Twitter link). The Sixers’ biggest concern is that the saga with Harden will lead to an Embiid trade demand.
An ugly divorce between Harden and Morey almost had an air of inevitability, Robby Kalland of Uproxx writes. Harden still sees himself as the player he once was, deserving of a full max contract. Meanwhile, Morey is a team president incapable of overlooking the signs of decline and potential red flags due to his cold, analytical nature.
It may seem like a long shot now but Harden’s return appears to be the best option for everyone involved, Kevin O’Connor of The Ringer writes.

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