The Bulls’ starting lineup seems set but there will be a couple of key position battles in training camp, Joe Cowley of the Chicago Sun-Times notes. Justin Holiday and Denzel Valentine will be angling for playing time at small forward behind Jabari Parker, while Cameron Payne could have an unexpectedly tough battle with Ryan Arcidiacono as the main backup at point guard. Cristiano Felicio also needs to carve out a role and earn some of his $8,470,980 salary, Cowley adds. ‘‘The thing I’m excited about with training camp is it’s going to be open competition,’’ coach Fred Hoiberg said.
When NBA teams sign undrafted free agents or second-round picks to contracts, those clubs need to have cap space or a mid-level exception available to lock up those players for longer than two years or to pay them more than the minimum salary.
While most teams make sure to earmark some cap room or a portion of their mid-level exception to use on those players – particularly second-rounders – that’s not always the case. The Grizzlies, for instance, used their entire mid-level exception on Kyle Anderson‘s offer sheet, meaning they could only sign 32nd overall pick Jevon Carter to a two-year, minimum-salary deal.
This offseason though, a new tool has come in handy in allowing teams to sign players to longer-term or more lucrative contracts than the minimum salary exception would allow, without having to use cap room or the mid-level exception to do it. The catch? Those players had to have finished the 2017/18 season on a two-way contract with the club.
When a player is on a two-way contract, a new kind of deal introduced in the NBA’s latest Collective Bargaining Agreement, he’s not technically on a club’s 15-man roster, but he accrues Bird rights just as a player on the roster would. That means that any player who finished last season on a two-way deal had Non-Bird rights this summer.
Non-Bird rights don’t allow teams to give players major raises — Non-Bird deals can only start at up to 120% of the player’s previous salary or 120% of his minimum salary, whichever is greater. However, they do allow for contracts of up to four years, which has paid off for some teams and players this summer.
Consider the case of Georges Niang, who was on a two-way contract with the Jazz last season. Buoyed by an impressive Summer League showing with Utah last month, Niang earned a three-year contract with the club. Typically, to go up to three years, the over-the-cap Jazz would have had to dip into their mid-level exception, but that wasn’t the case for Niang — his Non-Bird rights allowed for a three-year deal.
While Niang’s contract is only worth the minimum, Non-Bird rights do allow for slightly larger salaries, as noted above. For example, the Knicks re-signed former two-way player Luke Kornet to the maximum allowable salary using his Non-Bird rights. Instead of earning his minimum salary ($1,349,383), Kornet will make 120% of that amount ($1,619,260). Without his Non-Bird rights, New York would have had to use its mid-level or bi-annual exception to give Kornet that kind of raise.
Non-Bird rights haven’t paid off for every team with a two-way player who’s getting a promotion. For instance, the Nuggets moved Torrey Craig to their standard roster by giving him a new two-year, $4MM contract. Denver had to use part of its mid-level exception to complete that signing, since it exceeded the salary Craig could’ve earned with Non-Bird rights. The Nuggets did take advantage of the Non-Bird rules with their other two-way player though, giving Monte Morris a new three-year contract.
Two-way contracts remain in their relative infancy, so it’s interesting to see how teams are taking advantage of the rules surrounding them. Players like Niang, Kornet, and Morris are among the first group of two-way players to be promoted to standard contracts via Non-Bird rights, but they certainly won’t be the last.
Here’s the full list of two-way players whose teams have promoted them to standard contracts this offseason:
- Ryan Arcidiacono (Bulls)
- Jabari Bird (Celtics)
- Antonio Blakeney (Bulls)
- Torrey Craig (Nuggets)
- Derrick Jones (Heat)
- Luke Kornet (Knicks)
- Monte Morris (Nuggets)
- Georges Niang (Jazz)
Note: Jamel Artis, Danuel House, Daniel Hamilton, and Kadeem Allen have signed or agreed to standard NBA contracts with new teams after finishing last season on two-way deals.
Photo courtesy of USA Today Sports Images.
JULY 31: The Bulls have officially re-signed Arcidiacono, the team announced today in a press release.
JULY 28: The Bulls will re-sign Ryan Arcidiacono to a one-year deal with a partial guarantee, tweets Shams Charania of Yahoo Sports.
Arcidiacono was restricted when free agency began, but Chicago rescinded its qualifying offer in mid-July, changing his status to unrestricted. Although he was free to sign with anyone, Arcidiacono wasn’t able to find a deal better than the partially guaranteed one to stay with the Bulls.
He appeared in 24 NBA games last season as a two-way player, averaging 2.0 points in nearly 13 minutes of action. He posted a 13.8/4.5/8.6 line in 37 G League games.
Arcidiacono’s signing will give Chicago 17 players under contract. Rawle Alkins currently occupies one of the team’s two-way slots, while the other remains open.
Before the Bulls signed Jabari Parker to a two-year, $40MM contract, they discussed using their salary cap room to accommodate a possible salary-dump deal with the Nuggets, sources tell ESPN’s Zach Lowe. Denver ultimately made that trade – which involved Kenneth Faried and Darrell Arthur – with the Nets instead of Chicago.
- Zach LaVine spoke to Vincent Goodwill of CSNChicago.com about his experience in restricted free agency and his enthusiasm for the Bulls‘ “offensive versatility.”
JULY 25: The Bulls have officially signed Alkins to a two-way contract, the team announced today in a press release.
JULY 22: The Bulls have agreed to a two-way deal with undrafted guard Rawle Alkins, tweets Shams Charania of Yahoo Sports. The Arizona product spent the past few weeks with the Raptors‘ Summer League team.
Toronto liked Alkins’ summer performance where he averaged 9.0 PPG, 4.7 RPG and 2.0 APG. The Raptors offered Alkins a camp invitation but he chose the deal with the higher guaranteed money, per TSN’s Josh Lewenberg.
As a two-way player, Alkins will spend most of his time with the Bulls’ G League affiliate, the Windy City Bulls. However, he is permitted to spend up to 45 days with the NBA team. The Bulls have the option to convert Alkins’ deal into a standard NBA deal if they choose.
In his sophomore season with the Wildcats, Alkins averaged 13.1 PPG, 4.8 RPG, and 2.5 APG. Entering the 2018 NBA Draft, Alkins was ranked as the 49th-best prospect on Jonathan Givony’s top-100 list at ESPN.com.
As we detailed at length back in March, the NBA’s new Collective Bargaining Agreement made some changes to the trade rules related to non-guaranteed contracts.
Under the NBA’s old CBA, which was in effect through the 2016/17 season, a player’s full salary (not including unlikely incentives) was used for trade purposes, whether or not it was guaranteed. If a player had a $10MM salary with a partial guarantee of $1MM, his outgoing salary in a trade was the same as it would have been for a player who had a fully guaranteed $10MM contract.
[RELATED: Hoops Rumors Glossary: Traded Player Exception]
That’s no longer the case under the league’s new CBA, however. While contracts signed under the old agreement still operate by the old rules, contracts signed after July 1, 2017 are subject to the rules of the current CBA. And under the current CBA, only the guaranteed portion of a player’s contract counts for outgoing salary purposes in a trade, limiting the appeal of non-guaranteed salaries as trade chips.
In the example above, the player with a $10MM salary and a $1MM guarantee would now only count for $1MM for outgoing salary purposes in a trade, but the team acquiring him would still have to consider him a $10MM player.
These new rules have perhaps put a damper on the trade market for players on non-guaranteed contracts this offseason, but there have still been a handful of moves involving those players. Here’s a breakdown of this month’s trades that have featured a non-guaranteed salary, and how the new rules impacted each deal:
Bulls acquire Julyan Stone ($1,656,092 non-guaranteed salary) from Hornets in three-team trade
The Hornets also sent Timofey Mozgov to the Magic for Bismack Biyombo in this deal, and Mozgov’s salary was large enough to match Biyombo’s. As such, it didn’t matter from Charlotte’s perspective that Stone counted as $0 for outgoing salary purposes.
Stone’s inclusion in the trade allowed Chicago to acquire an incoming piece without taking on any guaranteed salary. If Stone hadn’t been a part of the deal, the Bulls would have to receive a draft pick or the NBA rights to a draft-and-stash player just to ensure that they were getting something in the deal. Chicago waived Stone shortly after acquiring him.
Thunder acquire Rodney Purvis ($1,378,242 non-guaranteed salary) from Magic
Purvis was swapped for Dakari Johnson in this deal and both players were on two-year minimum salary contracts. That meant that each team could acquire its incoming player using the minimum salary exception without having to worry about matching salaries.
Under the old rules, each club would have created a $1,378,242 traded player exception in the deal — that’s the amount of Purvis’ 2018/19 salary as well as Johnson’s. Under the new rules, however, only the Thunder could create such an exception, since Johnson’s salary was guaranteed. Purvis counted as $0 for Orlando’s outgoing salary purposes, so the Magic were unable to create a TPE as a result of the swap.
Thunder acquire Abdel Nader ($450,000 of $1,378,242 salary guaranteed) from the Celtics in exchange for Rodney Purvis ($1,378,242 non-guaranteed salary)
This is the most interesting deal of the three. Although Nader is technically earning the minimum salary, his deal runs longer than two years, meaning the Thunder couldn’t use the minimum salary exception to acquire him. They also couldn’t match salaries using Purvis, since he counted as a $0 outgoing salary.
So how did the Thunder acquire Nader? Using that traded player exception they’d just created in their deal with the Magic. Because Johnson and Nader had equal $1,378,242 salaries, Oklahoma City used up the entire trade exception just three days after it was created, making it the rare TPE to be used in full.
Meanwhile, the Celtics acquired Purvis using the minimum salary exception, but were only able to create a $450K trade exception for Nader — that’s the amount of his partial guarantee, so that was his outgoing-salary amount from Boston’s perspective.
Note: Richaun Holmes and Isaiah Whitehead, both on non-guaranteed contracts, were also involved in trades this month, but they were signed under the old CBA. As such, their contracts operated under the old rules.
The Bulls have claimed guard Antonius Cleveland, who was placed on waivers by the Hawks, Shams Charania of Yahoo Sports tweets. The move is official, according to the Bulls’ website.
Cleveland was let go by the Hawks in order to facilitate the three-team Carmelo Anthony trade with the Thunder and Sixers. Atlanta also received swingman Justin Anderson in that deal.
Cleveland, 24, saw action in four games with the Hawks last season, averaging 3.3 PPG in 10.4 MPG. He also appeared in 13 games with the Mavericks and seven G League contests.
Cleveland was signed to a multi-year contract in March after signing consecutive 10-day contracts earlier in the season. He had a non-guaranteed salary of $1.38MM for next season before he was placed on waivers. Chicago now picks up that contract.
Chicago had an open slot on its roster but the 6’6” Cleveland joins a crowd at the shooting guard spot that includes Zach LaVine, Justin Holiday, Chandler Hutchison and Antonio Blakeney.
Bringing in Jabari Parker is a risk the Bulls may wind up regretting, writes Darnell Mayberry of The Athletic. Even though just the first season of his two-year, $40MM contract is guaranteed, Chicago now has 10 players age 24 or younger who may be tempted to put personal concerns ahead of the team agenda.
Bobby Portis and Cameron Payne will both be in their fourth seasons, Mayberry notes, and will be looking at a final chance to put up big numbers before restricted free agency. Zach LaVine will try to prove he’s worth his new four-year, $78MM deal and Denzel Valentine has been open about his desire to be a starter. That presents a lot of challenges for coach Fred Hoiberg to balance heading into the new season.
Mayberry also warns that the addition of Parker could also be detrimental to the development of Lauri Markkanen, which he states should be the Bulls’ top objective.
There’s more today out of Chicago:
- Parker put on a show Saturday at a pickup game organized by the Chicago Basketball Club, relays Michael Walton of NBC Sports Chicago. Parker was impressive with his shooting, passing and ballhandling and offered hope that he has fully recovered from his latest ACL surgery. Also participating in the game was former Suns point guard Tyler Ulis, a Chicago native whom Walton suggests the Bulls may be interested in.
- To clear cap room for Parker, the Bulls waived Sean Kilpatrick and rescinded their qualifying offer for David Nwaba, leading Ben Bokun of NBC Sports Chicago to question the reasoning of cutting ties with those players and signing summer league standout Antonio Blakeney to a two-year deal. A two-way player for the Bulls last season, Blakeney appeared in 19 NBA games and averaged 7.9 points. Chicago’s front office also got a close look at him in the G League, where he was named Rookie of the Year and made the all-star team.
- VP of basketball operations John Paxson is happy with how quickly the organization has been able to assemble a group of young talent, although he recognizes that doesn’t automatically make the Bulls a contender, writes K.C. Johnson of The Chicago Tribune. “This year, a lot of our success will be determined by how big of a jump Zach, Kris [Dunn] and Lauri make,” Paxson said. “We knew that going into this offseason. Now you add Jabari, Wendell [Carter], and Chandler [Hutchison] and you feel like you’re making some progress.”
Jahlil Okafor appears to have offers waiting in China if he can’t find an NBA team to sign him, according to Emiliano Carchia of Sportando.
The third player taken in the 2015 draft, Okafor washed out in Philadelphia and didn’t play much after being traded to the Nets in December. He got into just 26 games with Brooklyn and averaged 6.4 PPG in 12.6 minutes per night.
Okafor is working out in Miami, but the Heat aren’t interested in signing him, Carchia writes. We detailed several other franchises that have apparently withdrawn their interest earlier this week, including the Nets, Pacers and Bulls. However, four teams sent representatives to Okafor’s recent workout in Las Vegas and he remains hopeful of catching on with someone before training camps open.
- The Nets considered making an offer to free agent Jabari Parker before he signed with the Bulls, Lewis adds in the same story. They decided against it because of the price tag and a recent comment Parker made in a radio interview that “They don’t pay players to play defense.” Brooklyn opted for a pair of trades with the Nuggets and Suns that brought in Kenneth Faried and Jared Dudley.