Nuggets Rumors

Teams Limited To Minimum Salary Contract Offers

There won’t be many free agents who sign for more than the veteran’s minimum between now and the end of the NBA’s regular season. The majority of the players whose markets exceeded the minimum came off the board pretty quickly in July, and teams aren’t looking to spend big on the players who are still available.

Still, that doesn’t mean every signing for the next seven months will be of the minimum-salary variety. In certain cases – especially on the buyout market in February – being able to offer a couple million dollars more than the minimum could be the difference between a team landing a free agent and missing out on him.

With that in mind, it’s worth checking in on which teams don’t currently have the ability to offer more than the minimum. By our count, about a third of the NBA is in this boat, though some of those clubs could generate some spending flexibility by making cost-cutting trades.

Here’s a breakdown of the teams currently limited to minimum-salary contract offers for free agents:

Teams above the second tax apron:

  • Golden State Warriors
  • Los Angeles Clippers
  • Miami Heat
  • Phoenix Suns

Beginning this offseason, the NBA added a second tax “apron” and introduced new restrictions for the teams whose salaries exceed that apron. In 2023/24, the second apron is set at $182,794,000 ($17.5MM above the tax line) — it will increase along with the cap in future years.

In addition to being prohibited from using the standard mid-level exception and the bi-annual exception, teams whose salaries are above the second apron aren’t permitted to make use of the taxpayer mid-level exception, which is worth $5MM. The Warriors, Clippers, Heat, and Suns all fall into that group and therefore don’t have any cap exceptions available to use on free agents besides the minimum exception.

Teams very close to the second tax apron:

  • Boston Celtics
  • Milwaukee Bucks

The Celtics and Bucks may be able to start the season with team salaries below the second apron, but from a practical standpoint, it will be extremely difficult for them to make use of the taxpayer mid-level exception, which would hard-cap them at that second apron.

Milwaukee, in particular, has several contract bonuses to account for and would find its team salary well above the second tax apron if certain players earn those unlikely incentives. Boston has slightly more cap flexibility, but will still almost certainly be limited to minimum-salary offers for the rest of 2023/24, barring a cost-cutting move.

Over-the-cap teams that have used all their cap exceptions:

  • Denver Nuggets
  • Oklahoma City Thunder
  • Toronto Raptors

The Nuggets are the only team this season to use the taxpayer mid-level exception. It’s the lone cap exception available to them in free agency, since their team salary is above the first apron, so they can’t offer more than the minimum to free agents.

The Thunder, meanwhile, used their entire room exception, while the Raptors used their non-taxpayer mid-level exception and bi-annual exception. Both teams are now over the cap and only have the minimum salary exception left to sign a free agent outright (a sign-and-trade remains possible, but is unlikely at this stage of the offseason).

Over-the-cap teams whose remaining exception money is less than the two-year veteran’s minimum:

  • Los Angeles Lakers
  • Sacramento Kings

The Lakers have $1,905,000 remaining on their non-taxpayer mid-level exception, while the Kings have $1,381,536 left on their room exception. Both figures fall short of the full-season minimum salary for a two-year veteran ($2,019,706), so neither club could offer more than the minimum to a veteran free agent at this time.

However, that leftover exception money isn’t useless. Los Angeles and Sacramento could each offer more than the minimum to a rookie free agent, for instance. And their remaining exception money won’t begin prorating downward until after the trade deadline. So if L.A. wants to sign a veteran free agent in December, it could use its MLE to offer more than the player’s prorated minimum salary at that point.

Malone's Staff Expected To Remain Intact

  • After winning a championship, Nuggets coach Michael Malone is content to run it back — at least in terms of his staff. There are no anticipated changes to the coaching staff, TheDNVR.com’s Harrison Wind reports. That group includes David Adelman, former Minnesota head coach Ryan Saunders, Popeye Jones, Charles Klask, Ognjen Stojakovic, Boniface N’Dong and Connor Griffin.
  • A New York Times’ story from Tania Ganguli discusses the friendship between Nuggets guard Jamal Murray and Alexander Volkanovski, the U.F.C.’s featherweight champion. “I’m a Nuggets guy now purely because of our connection,” Volkanovski said.

G League's Tenzer Believes Watson Will Blossom

  • The Nuggets’ new G League general manager, Ben Tenzer, believes forward Peyton Watson will blossom in his second NBA season, he told Bennett Durando of the Denver Post. “(He) has all the potential in the world. I think it starts with his defense and his energy,” Tenzer said. “He’s such a unique player with his size and his ability to cover the court. His shot-blocking ability. I think we were able to see it a little bit when he played with the Nuggets toward the end of the season, how good he can be. So I think for him it starts with the defensive side. The offensive side will come because of his natural ability to be able to handle and attack the rim.”

Community Shootaround: Nuggets’ Offseason

The Nuggets had a dominant playoff run in 2022/23, going 16-4 to claim their first NBA championship. Led by the brilliance of two-time MVP and reigning Finals MVP Nikola Jokic, who averaged a remarkable 30.0 points, 13.5 rebounds, 9.5 assists, 1.1 steals and 1.0 block on .548/.461/.799 shooting over 20 postseason games, Denver will look to defend its title in ’23/24.

A hallmark of the Nuggets’ success last season was strong team chemistry on both ends of the court, with role players sacrificing individual numbers for the betterment of the team. But Denver used an eight-man rotation during the playoffs, and two of those players — Bruce Brown and Jeff Green — joined new teams in free agency, signing with the Pacers and Rockets, respectively.

That’s why I was a little bit surprised to see an ESPN panel predict the Nuggets to be pretty heavy favorites to go back-to-back in ’23/24.

As the team’s sixth man, Brown played a major role for the Nuggets, with his two-way versatility coming through in key moments. The 27-year-old received far more money from Indiana than the Nuggets could have given him because they only had his Non-Bird rights, so it’s not like they did something wrong. He just got (handsomely) rewarded for his strong play.

Green was a key voice in the locker room and averaged 17.2 minutes per night in the playoffs, but he’s 37 years old and will carry a $9.6MM cap hit for the Rockets this season. That’s a pretty penny for someone at the tail end of their career. Again, understandable why he wasn’t retained, even if he will be missed.

The Nuggets didn’t re-sign veteran guard Ish Smith, who remains a free agent, while Thomas Bryant signed with the Heat. And unfortunately, forward Vlatko Cancar tore his ACL playing for Slovenia at the World Cup, so he’s likely out for the season.

Still, the incredibly effective starting lineup of Jokic, Jamal Murray, Aaron Gordon, Kentavious Caldwell-Pope and Michael Porter Jr. remains intact. The Nuggets will also have youngsters Christian Braun, Peyton Watson and Zeke Nnaji back, assuming the roster stays as is. Braun, who was a rookie last season, was the eighth man in the playoff rotation, and will almost certainly have a bigger role in ’23/24.

Denver opted to re-sign veterans Reggie Jackson (two years, $10.25MM) and DeAndre Jordan (one year, veteran’s minimum) to guaranteed contracts. I didn’t love the fact that the Nuggets used their taxpayer mid-level exception on Jackson, but apparently they think he’s capable of more than he showed in ’22/23.

In other offseason moves, Denver signed veteran wing Justin Holiday, and drafted a trio of players — Julian Strawther, Jalen Pickett and Hunter Tyson — to round out the roster. Interestingly, while Strawther was the team’s lone first-round pick, both Pickett and Summer League standout Tyson have more guaranteed years (three) on their deals than the former Gonzaga wing does (two).

Denver’s offseason roster is full at the moment, with the aforementioned 15 players on guaranteed standard contracts, as well as three players on Exhibit 10 deals. All three two-way slots are filled (by Collin Gillespie, Jay Huff and Braxton Key).

With limited financial flexibility, the Nuggets chose to prioritize continuity, player development and experienced college players just as much as NBA veterans. Will it pay off with another championship? Time will tell.

What did you think of Denver’s offseason? Does the team have enough depth to win another title in ’23/24? Head to the comments to share your thoughts.

And-Ones: Title Threats, Ennis, Storylines, Top Coaches

Which team is the Nuggets’ biggest impediment to a second straight title? ESPN’s panel of experts believes the Bucks, Warriors, Suns and Celtics are all potential threats to a Denver repeat. As for just making the playoffs, the Mavericks, Bulls, Timberwolves and Pelicans are among a group of teams that can’t afford to fall short of postseason participation or else risk major rebuilds or superstar demands for trades.

We have more from around the basketball world:

  • Former NBA guard Tyler Ennis has signed with Italy’s Gevi Napoli Basket, according to a team press release. A first-round pick in 2014, Ennis has not played in the NBA since the 2017/18 season, when he appeared in 54 Lakers games. In recent years, Ennis has played mainly in Turkey. He also had a stint with the Raptors’ G League team.
  • The trade demands of James Harden and Damian Lillard, along with Giannis Antetokounmpo‘s future with the Bucks, are some of the storylines that will be closely followed this NBA season, The Athletic’s Sam Amick writes.
  • Who are the top five coaches in the NBA? Joe Cowley of the Chicago Sun-Times tackles that subject, ranking the Heat‘s Erik Spoelstra and the Spurs Gregg Popovich first and second. The third choice may surprise some people. Cowley rates the Knicks Tom Thibodeau at that spot due to his ability to take downtrodden franchises and make them playoff teams.

Clippers Notes: Lue, Leonard, George, Westbrook, Plumlee, Coffey

After battling injuries for much of last season, Kawhi Leonard and Paul George should be fully healthy for the beginning of training camp, Clippers coach Tyronn Lue said in an appearance on Chris Haynes and Marc Stein’s #thisleague UNCUT podcast.

“They’re both on track to be 100% by the time training camp starts, and that’s what we need,” Lue said. “You know, our best players will be healthy, and we’ve just been in an unfortunate situation where our two best players (haven’t had) a full season together the last three years and that’s been tough on us.”

The Clippers thought they were ready to compete for a title when they signed Leonard and traded for George during the 2019 offseason, but bad luck with injuries has prevented them from making a serious run. Returning from an ACL injury, Leonard was limited to 52 games last season, then tore his meniscus during a first-round playoff series. George appeared in 56 games and missed the playoffs entirely due to a sprained right knee.

Lue also indicated that he doesn’t plan to do as much load management with his two stars this season.

“We have to, like I say, start respecting the regular season and giving our fans what they want to see and playing hard every single night, putting our best product on the floor,” he said. “And you know, our guys are ready to do that this year.”

There’s more on the Clippers:

  • On the same podcast, Lue said he’s looking forward to coaching Russell Westbrook for an entire season after the veteran guard re-signed this summer. Lue revealed that Westbrook and Mason Plumlee both had other options, but they wanted to say in L.A. “That just says a lot about the Clippers organization and what we’re trying to build there,” Lue added. “They both could have went other places for more money, but they like what we’re doing with the Clippers.”
  • Appearing recently on Stephen A. Smith’s podcast, George ranked the Clippers second in the West behind the defending champion Nuggets. “I’m gonna give Denver their credit,” George said. “They’re the champions until beaten. If healthy, we got one of the biggest chances to win it, if healthy.” 
  • Amir Coffey has been charged with one count of carrying a loaded firearm and one count of carrying a concealed firearm, according to TMZ Sports. Coffey was arrested in late July following a traffic stop in Hollywood. His preliminary hearing is scheduled for later this month.

Teams With Full 21-Man Offseason Rosters

The offseason roster limit for NBA teams has historically been 20 players, but the latest Collective Bargaining Agreement raised that limit to 21 to account for the fact that each team’s total two-way contract slots have increased from two to three.

By the time training camps open at the start of October, we can expect most – if not all – of the NBA’s 30 teams to be carrying full 21-man rosters. There’s little downside to filling up the roster, as doing so gives teams more bodies in camp and more roster flexibility during the preseason.

[RELATED: 2023/24 NBA Roster Counts]

For now though, only eight teams have maxed out their rosters. The other 22 clubs are carrying fewer than 21 players and will likely have more moves to make in the next month or so.

Here are the eight teams that currently have full 21-man offseason rosters:

Denver Nuggets

15 guaranteed, three Exhibit 10s, three two-ways

It’s still possible the Nuggets could make a change or two to their projected regular season squad, but right now their roster decisions appear pretty straightforward. Once the defending champions cut their three Exhibit 10 players, their roster will be set for opening night.

Memphis Grizzlies

17 guaranteed, one TBD, three two-ways

We still don’t know the details on Shaquille Harrison‘s new deal with the Grizzlies — I expect it’ll be non-guaranteed, but even if that’s the case, Memphis would have to trade or release two players on guaranteed deals in order to set their roster for the start of the regular season. Isaiah Todd and Josh Christopher are among those whose spots appear to be most in danger.

Miami Heat

12 guaranteed, one partially guaranteed, five Exhibit 10s, three two-ways

With the Damian Lillard sweepstakes unresolved, the Heat’s roster is still very much subject to major changes. But if no Lillard trade materializes, perhaps Miami will consider promoting one or two of their two-way players (including Jamal Cain) to the standard roster, allowing their Exhibit 10 players to compete for a two-way deal.

Milwaukee Bucks

15 guaranteed, three Exhibit 10s, three two-ways

Eric Nehm of The Athletic reported today (via Twitter) that newly signed forward Alex Antetokounmpo has already been waived. But that transaction hasn’t shown up in NBA.com’s log yet, and he’s still listed on the Bucks’ official roster, so we’re assuming the team is still carrying 21 players for now.

Of course, Antetokounmpo and his fellow Exhibit 10 signees will likely be cut sooner or later, but maybe there will be an opportunity for one of them to earn a conversion to a two-way deal with a strong preseason. Players like Lindell Wigginton, whose two-way deals carried over from 2022/23 to ’23/24, typically have less job security than those who have signed new contracts since July.

New York Knicks

12 guaranteed, three non-guaranteed, three Exhibit 10s, three two-ways

The Knicks may opt to shake things up a little before opening night. One of their 12 players on guaranteed contracts – Evan Fournier – is an obvious trade candidate, and none of their three players on non-guaranteed deals (Isaiah Roby, DaQuan Jeffries, Duane Washington) are locks to make the 15-man roster.

Oklahoma City Thunder

15 guaranteed, one partially guaranteed, two non-guaranteed, three two-ways

Setting the Thunder’s roster won’t be as simple as cutting the players without full guarantees. Two of those guys – Aaron Wiggins and Isaiah Joe – were solid rotation players last season and another – Jack White – was newly signed in July. We took a closer look last week at where the Thunder’s roster crunch stands and which players might end up on the outside looking in.

Toronto Raptors

15 guaranteed, one non-guaranteed, two Exhibit 10s, three two-ways

Pascal Siakam has been the subject of trade rumors throughout the offseason, but if the Raptors don’t make a deal before the season starts, the only drama may be whether Jeff Dowtin (on a non-guaranteed deal) can play well enough to crack the 15-man opening night roster.

Dowtin would earn a $900K partial guarantee if he makes it to opening night. In that scenario, Malachi Flynn, Garrett Temple, or Otto Porter might be the odd man out.

Utah Jazz

12 guaranteed, two partially guaranteed, one non-guaranteed, three Exhibit 10s, three two-ways

If Romeo Langford had received a small partial guarantee or signed a standard non-guaranteed contract, I’d view him as a threat to earn a 15-man roster spot. However, the Exhibit 10 clause reported to be included in his deal suggests the Jazz aren’t counting on that and will be happy to stick with their 15 players on standard contracts, including the three guys without full guarantees (Kris Dunn, Omer Yurtseven, and Luka Samanic).

Northwest Notes: Giddey, Australia, Markkanen, Nuggets

The Australian national team reshaped its starting lineup ahead of the 2023 World Cup, with Thunder guard Josh Giddey taking over as the team’s lead play-maker, writes Olgun Uluc of ESPN.

The results have been a little uneven through three games at the World Cup, which is to be expected with different players playing together. Still, the Boomers advanced out of their group after going 2-1, and they believe the move will pay long-term dividends, per Uluc.

Josh Giddey’s growth throughout his career has just been astounding,” Boomers assistant coach Adam Caporn said. “Being around him, you see why. Every game, he’s studying the opposition, he’s improving things, he’s got great feedback and input for us on what he needs and what he feels like the team needs. It’s really great having that level of floor leader out there. Super fun. The ball will be in his hands a lot, and he’s gonna do a lot of great things.”

Giddey, 20, is averaging 19.0 PPG, 7.3 APG and 5.0 RPG on .528/.222/.684 shooting thus far (28.7 MPG).

Here’s more from the Northwest:

  • Next up for Australia is a rematch of the bronze medal game from the Tokyo Olympics, with the Boomers set to face off against Slovenia on Friday. Giddey says he’s looking forward to competing against Mavericks star Luka Doncic, according to Uluc. “It’s a lot of fun,” the Thunder‘s 2021 lottery pick said of Doncic. “Obviously a lot of people are here to see him. He carries a heavy load for Slovenia, so a lot of our game plan is gonna revolve around him, just like it did with Lauri [Markkanen] and Yuta [Watanabe] tonight. We’ve had the opportunity to play against these teams where they have a superstar or an NBA player, so Luka is obviously on a different level, but we’ve got Josh Green, Matisse [Thybulle] — those types of guys — for that job. We’ll be ready for it. Just one game at a time, and keep moving forward.”
  • The Finnish national team has been eliminated from medal contention at the World Cup, but the team is still competing in the classification games. On Thursday, Jazz star Lauri Markkanen was dominant in Finland’s victory over Cape Verde, recording a game-high 34 points (on 12-of-19 shooting), nine rebounds and a game-high plus-23 in 27 minutes of action, notes Eurohoops.net.
  • Former Nuggets point guard Andre Miller will return as head coach of the Grand Rapids Gold for a second season in 2023/24, the team announced in a press release. The Nuggets’ NBA G League affiliate will also have a new general manager in Ben Tenzer, who will continue to serve as Denver’s vice president of basketball operations. Travess Armenta will be the Gold’s new associate head coach. Armenta has had various roles with the Nuggets and Gold over the years, per the release.

Organization Looking Into Arena Upgrades

  • Kroenke Sports & Entertainment, the parent company of the Nuggets, announced Monday it is exploring potential renovations to Ball Arena, Bennett Durando of the Denver Post reports. KSE is conducting “market due diligence to evaluate opportunities to enhance the fan experience,” according to a statement. The company is sending out a survey, seeking fan feedback to help determine the future of the arena.

And-Ones: Offseason Moves, Coach Contracts, Kerr, Hawaii

In a three-part series for The Athletic, David Aldridge ranks the teams that he believes improved the most and least this offseason. Aldridge’s most improved team is unsurprisingly the Spurs, who won the draft lottery and selected French phenom Victor Wembanyama. The Cavaliers and Suns rank Nos. 2 and 3, respectively.

In the middle section, Aldridge has the Jazz at No. 11, the Pistons at No. 15, and the Warriors at No. 20. He gives the Trail Blazers an incomplete, since there’s no way to fairly evaluate their offseason until the Damian Lillard situation is resolved.

At the bottom end, the defending-champion Nuggets are No. 29 on Aldridge’s list after losing Bruce Brown and Jeff Green in free agency; the No. 28 team is the Raptors, who lost Fred VanVleet to Houston.

Here are a few more odds and ends from around the basketball world:

  • The contracts signed by Monty Williams and Gregg Popovich will be used as benchmarks by top NBA coaches going forward. As Brian Windhorst of ESPN writes, a trio of accomplished head coaches — Steve Kerr (Warriors), Erik Spoelstra (Heat) and Tyronn Lue (Clippers), all of whom are members of Team USA — could be the primary beneficiaries of those deals. Kerr and Spoelstra are entering the final year of their respective contracts, while Lue has two years left on his deal, Windhorst notes.
  • Kerr has purchased a minority stake in European football (soccer) club Real Mallorca, according to Alex Kirkland and Rodrigo Faez of ESPN. Kerr said he was offered the opportunity by longtime friend Andy Kohlberg, who is the team’s president and recently became majority owner, per ESPN. “Andy Kohlberg and I have been friends for many years,” Kerr said. “We were together this summer. He told me there was a shift in the ownership group and he offered me the chance to be part of the new investment group. I was so excited, having been in Mallorca last summer watching a game, following the team and becoming a fan. It was a really exciting opportunity and I jumped at it.” Mallorca competes in La Liga, Spain’s top league.
  • The Jazz and Clippers will be playing their first preseason game in Hawaii on October 8, with all proceeds going to the wildfire relief effort, Ryan Kostecka writes for Utah’s team website.