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Minimum Game Requirement For Awards Looms Large For Super-Max Candidates

January 20th, 2024 at 3:55pm CST by Luke Adams

As we detailed back in September, there are several players around the NBA who would benefit financially from making an All-NBA team or winning a Most Valuable Player of Defensive Player of the Year award in 2023/24.

Heat big man Bam Adebayo, Kings guard De’Aaron Fox, Pelicans forward Brandon Ingram, Nuggets guard Jamal Murray are among the players who would become eligible to sign a super-max (Designated Veteran) contract during the 2024 offseason by earning one of those honors this season.

Mavericks guard Luka Doncic and Thunder guard Shai Gilgeous-Alexander could ensure they become eligible to sign a super-max extension in 2025 by making this year’s All-NBA team. Grizzlies big man Jaren Jackson Jr. could do the same by winning a second consecutive Defensive Player of the Year award.

Additionally, Timberwolves guard Anthony Edwards, Pacers guard Tyrese Haliburton, and Hornets guard LaMelo Ball signed maximum-salary rookie scale extensions that will be worth 30% of next season’s salary cap (instead of 25%) if they make an All-NBA team this spring. These “Rose Rule” contracts are essentially “mini” super-max deals.

Not all of those 10 players look like legitimate All-NBA, MVP, or DPOY candidates this season, but many of them will be in the mix. However, as Tim Bontemps and Bobby Marks write at ESPN.com, the newly implemented 65-game minimum requirement for award winners looms large for this group.

Without appearing in 65 games (including at least 63 of 20-plus minutes and two of 15-plus minutes), these players will be ineligible to earn an All-NBA spot, and without that end-of-season honor, they won’t be in position to receive a higher maximum salary.

According to Bontemps and Marks, a player who misses more than 17 of his team’s games, falling short of appearing in the required 65, can technically still qualify for award recognition, but only in very specific scenarios:

  1. If the player appeared in at least 62 games (and 85% of his team’s games to that point) and then suffers a season-ending injury.
  2. If the player files a grievance and presents “clear and convincing evidence” that his team limited his games or his minutes with the intention of depriving him of award eligibility.

While there’s also a clause for “extraordinary circumstances,” the NBA and NBPA don’t expect that clause to apply to injury absences, since it would essentially defeat the purpose of the rule, per ESPN’s duo.

Of the 10 players mentioned above, one is already ineligible for a major end-of-season award — Ball has appeared in just 19 of the Hornets’ first 39 games due to an ankle injury, so even if he doesn’t miss a game for the rest of the season, he’ll max out at 62 appearances. Given Charlotte’s spot in the standings, Ball would have been an All-NBA long shot anyway, but he has been playing at a very high level when he’s been healthy.

The 65-game mark remains within reach for the rest of this group, though some players can’t really afford any sort of extended absence. Adebayo, for instance, has missed 10 of Miami’s 42 games so far and only logged 12 minutes in an 11th, which means it won’t count toward his 65. Seven more missed games would cost him his award eligibility.

Murray is in a similar spot — he has missed 14 of Denver’s 43 games and played just 10 minutes in a 15th, so three more missed games would make him ineligible for award consideration.

Doncic has missed seven games for the Mavericks, while Fox has missed six for the Kings, so they’re on pace to play in enough games, but if either player turns an ankle or tweaks a hamstring and is forced to the sidelines for a couple weeks, he’d be in trouble.

It looked like that might happen with Haliburton, who sat out just three of the Pacers’ first 36 games, then strained his hamstring earlier this month. He was expected to be unavailable for at least a couple weeks, but returned to action on Friday night, ahead of schedule, after missing just five contests.

Haliburton is a legitimate All-NBA candidate and would be in line for a projected $41MM pay increase across his five-year extension if he earns one of those 15 spots. Were those financial considerations a factor in his early return to action? Would he still have been inactive on Friday if that 65-game minimum weren’t in play?

It’s hard to imagine the Pacers allowing their franchise player to risk potential re-injury by coming back too early, but Haliburton certainly has a ton of motivation to play in every game he can this year.

As Howard Beck of The Ringer writes, that 65-game minimum will be a fascinating subplot to follow in the second half of the season. Although we’ve focused here on players whose future earnings could be directly tied to whether or not they claim an end-of-season award, there are many other potential All-NBA candidates who may fall short of 65 games, changing the equation for voters.

Joel Embiid, Jimmy Butler, Kyrie Irving, Donovan Mitchell, Devin Booker, Zion Williamson, and Lauri Markkanen are among the stars who have been out for eight or more games so far this season, Beck observes. Kevin Durant has missed seven.

The 65-game minimum isn’t necessary to earn votes for Sixth Man of the Year, Rookie of the Year, or an All-Rookie spot, but the other major awards require at least 65 appearances.

In 2023, five of the 15 players who made an All-NBA team appeared in fewer than 65 games, but that won’t be the case in 2024. The players who have the most riding on All-NBA honors from a financial perspective may be the ones most motivated to stay on the court, but as Adebayo points out, you “can’t stop injuries from happening.”

“God forbid nobody gets hurt, but you can’t [prevent] injury,” he said, per Bontemps and Marks. “I think it’s crazy that we even have the rule. It’s one of those things where you just accept the rule. … I guess use your 17 games as wisely as possible.”

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Seventeen More Players Become Trade-Eligible

January 15th, 2024 at 7:02am CST by Luke Adams

Today is Monday, January 15, which means that a total of 17 players who signed free agent contracts meeting specific criteria this past offseason are now eligible to be traded.

Most offseason signees became trade-eligible on December 15, but players who met the following criteria were ineligible to be moved for an extra month:

  1. The player re-signed with his previous team.
  2. He got a raise of at least 20%.
  3. His salary is worth more than the minimum.
  4. His team was over the cap and used Bird or Early Bird rights to sign him.

The following players met that criteria and are eligible to be traded as of Monday:

(* Players marked with an asterisk have the ability to veto trades.)

Most of the players on NBA rosters are now eligible to be moved, though a small handful still can’t be dealt. That group includes Heat guard Dru Smith, who becomes trade-eligible on Monday, Hornets guard Ish Smith (trade-eligible on January 24), Lakers star Anthony Davis (trade-eligible on February 6), and Pistons forward Kevin Knox (trade-eligible on Feb. 8).

There are also several players who won’t become trade-eligible prior to this season’s February 8 deadline, including stars like Giannis Antetokounmpo, Kawhi Leonard, and Jaylen Brown. Players on 10-day contracts are also ineligible to be dealt.

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Community Shootaround: Two-Day Draft

January 14th, 2024 at 8:21pm CST by Dana Gauruder

The NBA has tinkered with the draft lottery in recent years, mainly to discourage tanking.

The draft itself has gone relatively untouched for decades. The NBA switched to a two-round format in 1989 with all the picks being made in one frenzied night.

The second round often runs past midnight Eastern time and by then, most NBA fans have already tuned out and turned in for the night.

With a nod toward the NFL, which stretches its draft across three days, the NBA is expected to change to a two-night format. The Players Association still must sign off on the proposal, but that seems likely.

Front office executives should benefit from the alteration. There is usually a flurry of activity in the second round and now the deal-makers will have more time to map out their strategies and ponder what moves they need to make. They’ll also have more time to decide which undrafted prospects they might look to add to their summer league teams and training camp rosters.

It’s unknown whether more time will be allotted between first-round picks but at least it should end at a more reasonable hour. The change could be nerve-wracking for prospects who are borderline first-round picks and second-rounders, since they might have to go through an extra night of suspense to find out if their names are called.

Considering most of the suspense of the NBA draft comes during the lottery, it’s also fair to wonder whether holding the second round on the following night will draw much of a TV audience.

That brings us to our topic of the day: What do you think of the NBA possibly switching to a two-night format for the annual draft?

Please take to the comments section to weigh on this topic. We look forward to your input.

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Community Shootaround: Charlotte Hornets

January 13th, 2024 at 4:31pm CST by Rory Maher

After going 27-55 last season, which was the fourth-worst record in the NBA, the Hornets entered 2023/24 with aspirations of reaching the playoffs, or at least the play-in tournament. Instead, they’ve been even worse — Charlotte currently holds an 8-28 record.

Certainly, injuries have played a role in the poor results. The Hornets were just 3-17 without LaMelo Ball, who recently returned from an ankle sprain. Second-year center Mark Williams has missed the past 16 games with a back injury, and they’ve gone 1-15 in that span. Williams has no timetable for a return.

Cody Martin has missed most of the season with a knee injury. Frank Ntilikina has yet to play (he’s close to making his season debut). Gordon Hayward (left calf strain) is out. Terry Rozier, Brandon Miller and P.J. Washington have missed time. You get the point.

Still, with a new ownership group and another disappointing season, it’s been a little surprising that we haven’t heard more noise about Charlotte looking to shake things up in some capacity, whether it be the front office, coaching staff or trades (or all of the above). For what it’s worth, general manager Mitch Kupchak and head coach Steve Clifford are reportedly in the final guaranteed years of their respective contracts.

Speaking with Kevin Gray of 97.1 The Freak, Jake Fischer of Yahoo Sports said Hayward’s expiring $31.5MM contract is “absolutely for the taking,” though rival teams also wonder if the veteran forward will be a buyout candidate if Charlotte can’t find a suitable trade (Twitter link via The Trade Deadline).

Unless they’re willing to take on unwanted long-term salary, it’s hard to envision the Hornets receiving much in return for Hayward due to his large salary, impending free agency, age (34 in March) and lengthy injury history. He’s been fairly productive this season when he plays, but not compared to his cap hit.

Other veterans — like Rozier and Washington — would have more value. Rozier has put up career highs in multiple categories this season and is on a reasonable contract. It’s unclear what type of market value Miles Bridges would have due to his legal issues and impending free agency, plus he also has the ability to veto trades after signing his one-year qualifying offer.

It’s clear the Hornets should be open to a lot of different scenarios to improve their roster. They haven’t made the playoffs for seven straight seasons and appear headed for an eighth.

We want to know what you think. What would you do if you were running the Hornets? Which players would you keep, and who would you be trying to acquire? Head to the comments to share your thoughts.

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Checking In On NBA Roster Openings, Deadlines

January 12th, 2024 at 3:23pm CST by Luke Adams

With the NBA’s league-wide salary guarantee date for 2023/24 behind us, it’s worth checking in once again on which teams have open spots on their 18-man rosters.

As our roster count tracker shows, these are the teams that don’t currently have full rosters consisting of 15 players on standard rest-of-season contracts and three on two-way deals:

Teams with standard roster openings:

  • Boston Celtics
  • Chicago Bulls
  • Cleveland Cavaliers (2)
  • Golden State Warriors
  • Los Angeles Lakers
  • Miami Heat
  • Minnesota Timberwolves
  • New Orleans Pelicans
  • New York Knicks
  • Portland Trail Blazers (2)
  • Sacramento Kings *
  • Toronto Raptors
  • Washington Wizards *

The Cavaliers and Trail Blazers each face a deadline to add a 14th man, since NBA teams aren’t permitted to carry fewer than 14 players on standard contracts for more than two weeks at a time. Cleveland has to make a move by January 18, while Portland has until January 20.

The Kings and Wizards, meanwhile, technically have full 15-man standard rosters at the moment, but they’re each only carrying 14 players on full-season contracts, with one player on a 10-day deal. Those 10-day deals run through next Thursday, at which time each club could open up a roster spot.

Most teams in this group likely won’t sign a player to a rest-of-season or multiyear contract until sometime after the trade deadline, when they know they won’t need to use that 15th roster spot to accommodate a trade in which they acquire more players than they send out. In between now and the trade deadline, however, some of these clubs could join Sacramento and Washington in signing free agents to 10-day contracts.

Teams with two-way openings:

  • Brooklyn Nets
  • Memphis Grizzlies
  • Milwaukee Bucks (2)

The deadline to sign a player to a two-way contract won’t arrive until March 4, so there’s no urgency for these clubs to fill their openings right away. But the prorated portion of a two-way salary is such a minor financial commitment for an NBA franchise that we may see these teams bring in a new two-way player sooner rather than later, even if they’re not certain he’ll hold that spot for the rest of the season.

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Hoops Rumors’ 2024 NBA 10-Day Contract Tracker

January 12th, 2024 at 1:31pm CST by Luke Adams

On January 5, NBA teams became eligible to sign players to 10-day contracts, and many of the signings that take place between now and the end of the regular season in April will be of the 10-day variety. Hoops Rumors has created a database that allows you to keep on top of those deals, tracking every 10-day signing all season long.

Besides featuring all of this year’s 10-day deals, our 10-Day Contract Tracker includes information on all 10-day contracts signed since the 2006/07 season. The search filters in the database make it easy to sort by team, player, and/or year. For instance, if you want to see all the 10-day contracts that the Kings have signed in the last 15-plus years, you can do so here. If you want to view Shaquille Harrison‘s history of 10-day deals, that list is here.

You can also see whether a player and team signed a second 10-day contract, or if those short-term deals led to an agreement that covered the rest of the season. Additionally, our tracker notes which 10-day deals remain active, saving you the hassle of having to figure out whether a particular contract ends on Wednesday or Thursday.

A link to our 10-Day Contract Tracker can be found at any time in the right sidebar under “Hoops Rumors Features” on our desktop site. On our mobile site, you can find it on our “Features” page. We’ll be keeping it up to date for the rest of the season, so be sure to check back to keep tabs on the latest signings as they become official.

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Recap Of 2023/24 Salary Guarantee Decisions

January 8th, 2024 at 7:04am CST by Luke Adams

As of December 29, there were 35 players who were signed to standard, full-season contracts but whose salaries for the 2023/24 campaign weren’t fully guaranteed.

The deadline for teams to waive those players and avoid having their full ’23/24 salaries become guaranteed was on Sunday, January 7 at 4:00 p.m. CT.

Although their salaries won’t technically become guaranteed until January 10, those players would still receive their full-season guarantees if they’re cut today or tomorrow, since they wouldn’t clear waivers before Wednesday.

Here’s a roundup of the decisions teams made with those 35 players:

Players on standard contracts who will have their salaries guaranteed:

Each player’s salary is noted here. His cap hit is identical to his salary unless otherwise indicated.

(*) cap hit of $2,019,706
(^) cap hit of $1,845,593
(#) cap hit of $1,416,116

Of the 30 players on non-guaranteed contracts who were retained, 27 are earning the minimum salary, so the financial impact of keeping them is relatively minor.

Still, open roster spots are valuable at this time of year. A few of these players were fortunate not to be let go by a team prioritizing flexibility ahead of the trade deadline; many others have played regular rotation minutes during the first half and were never candidates to be cut.

Players on standard contracts who were waived before their salaries became guaranteed:

Each player’s cap hit is noted here. The team would no longer be on the hook for that cap charge if a player is claimed off waivers.

All five of these players were on minimum-salary contracts. Gibson and Toscano-Anderson were both signed on December 15, however, so their dead cap hits are relatively modest compared to the others.

Wainright and Jeffries each earned a prorated portion of a full-season minimum salary, while Mays was assured of an $850K partial guarantee when he was promoted to Portland’s standard roster from his two-way deal in November.

Jeffries has cleared waivers, leaving his dead money on the Knicks’ books, but the other four are still technically candidates to be claimed. Wainright and Mays are on track to clear waivers later on Monday, while Gibson and Toscano-Anderson would become free agents if they go unclaimed on Tuesday. A team that places a claim on one of those players would have to commit to guaranteeing his salary for the rest of the season.

There were a few other players with partially guaranteed salaries who were cut earlier in the season. That group consisted of Dylan Windler (Knicks), Filip Petrusev (Kings), and Danny Green (Sixers). Those moves didn’t go down to the wire like the others listed above, having occurred well in advance of the salary guarantee deadline.

Players on two-way contracts who were waived before their salaries became guaranteed:

For the first time, the league-wide salary guarantee date of January 10 also applies this season to players on two-way contracts. In the past, the guarantee date had been Jan. 20 for two-way salaries.

Two-way salaries are only worth half of the rookie minimum and don’t count against the salary cap, so many teams likely weren’t feeling a ton of pressure to make rest-of-season decisions on their two-way players by Sunday. Two-way contracts can be signed until March 4, so there will be clubs that make changes between now and then.

However, there were six players on two-way contracts at the start of January who were waived in advance of Sunday’s waiver deadline and won’t receive their full two-way salaries this season. Those players are as follows:

The Knicks (Duane Washington) and Lakers (Dylan Windler) have each signed a two-way player since the start of the month, so there are only four open slots around the NBA, belonging to the Bucks (two), Lakers, and Nets.

The full list of players who are still on two-way contracts and earned full guarantees can be found right here.

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Waiver Deadline Looms For Non-Guaranteed Contracts

January 5th, 2024 at 3:04pm CST by Luke Adams

Every player currently on an NBA roster whose 2023/24 salary is non-guaranteed will have his salary become guaranteed next Wednesday (January 10) if he’s still under contract at that point. However, this Sunday, January 7, is the real deadline to watch.

A player who is no longer on his team’s roster but who is still on waivers as of Jan. 10 will also have his salary guaranted. So if a team wants to avoid locking in a player’s full 2023/24 salary, he must be placed on waivers on or before this Sunday at 4:00 pm Central time — that would ensure that he clears waivers on or before Tuesday, Jan. 9.

As our tracker shows, there are 34 players on standard contracts who still don’t have fully guaranteed salaries for this season. Here are those players, who are on minimum-salary deals unless otherwise indicated:

Keith Smith of Spotrac took a player-by-player look through this list earlier today, examining which guys are at the greatest risk of being waived before their salaries become guaranteed.

Some of these decisions – like the Pelicans with Alvarado, or the Thunder with Joe and Wiggins – involve regular rotation players who are earning the minimum, making them no-brainers — those players obviously won’t be released. In fact, it’s safe to assume that the majority of the 34 players in this group will hang onto their roster spots.

But we’ll likely see at least a small handful of these players cut within the next couple days as teams opt to create a little extra roster and financial flexibility. Those teams could take advantage of the newly opened 10-day contract window to bring in a new player or to immediately re-sign a player they just waived.

In addition to these 34 players on standard non-guaranteed contracts, there are 90 more who will be keeping a close eye on that January 7 waiver deadline.

For the first time this season, the salary guarantee date for players on two-way contracts lines up with the date for players on standard deals, so the two-way players who remain under contract through Sunday will be assured of their full-season salaries, regardless of whether they actually spend the rest of the season on a roster.

The full list of players on two-way contracts can be found right here.

Although we’ll likely see some two-way roster moves in the coming days, it’s worth noting that those salaries don’t count against the salary cap, and the financial commitment is pretty minor relative to standard contracts (a two-way player’s full-season salary is $559,782). So we should expect to see some clubs continuing to move two-way players on and off their rosters after the salary guarantee deadline comes and goes.

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Salaries For 10-Day Contracts In 2023/24

January 5th, 2024 at 9:48am CST by Luke Adams

Friday is the first day this season that an NBA team can sign a player to a standard 10-day contract. As we explained earlier this week in a glossary entry, a 10-day deal allows a club to temporarily add a player to its 15-man roster without any commitments beyond those 10 days.

Under the league’s new Collective Bargaining Agreement, all 10-day contracts are worth a player’s minimum salary. The minimum salary in a given season differs from player to player, based on his years of NBA service entering the season. For instance, in 2023/24, a rookie on a full-season minimum deal will earn $1,119,563, whereas a 10-year veteran who is earning the minimum will make $3,196,448.

[RELATED: NBA Minimum Salaries For 2023/24]

The same is true for 10-day deals. A rookie will earn significantly less over the course of his 10 days with a team than a tenured NBA veteran will.

Because the 2023/24 regular season is 174 days long, a player’s full-season minimum salary can be divided by 174 to calculate his daily salary. From there, it’s just a matter of multiplying by 10 to determine his salary on a 10-day contract.

Using that formula, here’s the full breakdown of what salaries for 10-day deals look like in ’23/24:

Years in NBA Salary
0 $64,343
1 $103,550
2 $116,075
3 $120,250
4 $124,425
5 $134,863
6 $145,301
7 $155,738
8 $166,176
9 $167,004
10+ $183,704

Because the NBA doesn’t want teams to avoid signing veteran players in favor of cheaper, younger options, the league reimburses clubs who sign veterans with three or more years of service to 10-day, minimum-salary contracts.

In those instances, teams are on the hook for $116,075, the minimum salary for a player with two years of experience, while the NBA covers the difference. So a team would pay the same amount ($116,075) whether they sign a player with three years under his belt or a player with 12 years of NBA experience.

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Hoops Rumors Glossary: 10-Day Contract

January 3rd, 2024 at 10:13am CST by Luke Adams

During the early part of an NBA season, a team that wants to sign a player to a short-term contract generally does so by agreeing to a non-guaranteed deal, giving the club the flexibility to waive him without paying his full-season salary. But non-guaranteed contracts are only an option until January 7 — any standard, rest-of-season deal signed after that date must be guaranteed for the season.

Around the same time the league-wide salary guarantee date arrives, the NBA gives teams the ability to sign players to 10-day contracts, which essentially replace non-guaranteed deals during the second half of the season.

Ten-day contracts can be signed each year beginning on January 5 and are exactly what they sound like — contracts that cover 10 days (including the day they’re signed). A player who signs a 10-day deal on January 5 would remain eligible to play for his team through January 14, but not on January 15, unless he signs a new contract.

A team can sign a player to as many as two 10-day contracts before committing to him for the rest of the season or, as in many cases, letting him go. A player can’t sign three standard 10-day contracts with the same team, but after signing two 10-day deals with one club, he’s allowed to sign another with a separate club.

The NBA tweaked this rule in recent years to allow three or more 10-day contracts with the same team for players who are signed via the hardship provision. In 2022, for instance, Drew Eubanks ended up signing five 10-day deals with the Trail Blazers. Eubanks was still limited to two standard 10-day contracts with Portland, but three of his deals came via a hardship exception, which the Blazers qualified for as a result of having four or more injured players.

However, that loophole was closed in the latest CBA as the NBA moved beyond its COVID era. Regardless of whether a player is signed to a standard or hardship 10-day contract, he’s no longer permitted to sign a third 10-day deal with the same club.

While a team signing a player to a standard 10-day contract must have an open spot on its 15-man roster to accommodate the signing, a player signed via a hardship exception doesn’t count against that 15-man limit.

Under the NBA’s newest Collective Bargaining Agreement, a 10-day deal must be worth a prorated portion of the player’s minimum salary. In the past, a player could technically earn more than the minimum on a 10-day contract, though that essentially never happened.

A 10-day contract for a rookie this season will be worth $64,343, which is 10/174ths of the full-season rookie minimum salary. A one-year veteran will earn $103,550, and a 10-day deal for any veteran with two or more years of NBA service would represent a cost of $116,075 to the team.

Veterans with more than two years of NBA service would earn more than $116,075 on a 10-day contract, but the league would pay the extra freight. However, teams gain no financial advantage if they pass on 10-day agreements with more experienced players in favor of rookies or one-year veterans in an effort to limit their end-of-season luxury tax penalty — those deals count the same as the ones for two-year veterans when the league calculates a team’s salary for tax purposes.

Teams would be on the hook for a slightly higher salary if they sign a player to a 10-day contract and they have fewer than three games on their schedule over that 10-day period. In those cases, the length of the 10-day contract is extended so that it covers three games for the team.

It’s rare that any team would have such a light schedule, since most play at least three games a week, but the rule generally comes into play for contracts signed just before the All-Star break. If the Celtics were to sign a player to a 10-day contract on February 14, for instance, his contract would actually cover 11 days, since Boston plays games on Feb. 14, Feb. 22, and Feb. 24.

Here are a few more rules related to 10-day contracts:

  • A team may terminate a 10-day contract before it runs to term if it wants to use the roster spot to accommodate a waiver claim, signing, or trade acquisition. A team that terminates a 10-day contract early isn’t permitted to re-sign the player before the full 10-day term is over.
  • Players whose 10-day contracts are terminated early don’t go on waivers, so they become free agents immediately. Still, those players receive their entire 10-day salaries — the contracts are fully guaranteed for the 10 days.
  • A team is permitted to carry up to three players on standard 10-day contracts as long as the team has a full 15-man roster. A team with an open spot on its standard 15-man roster can only carry up to two players on 10-day deals. If a team has just 13 players on standard contracts, only one of them can be on a 10-day pact.
  • A 10-day deal must be a standard NBA contract. In other words, a team can’t sign a player to a two-way, 10-day contract.
  • A standard 10-day contract can’t be signed with fewer than 10 days left in the regular season. However, a hardship 10-day deal can be signed during that time and would simply be prorated to cover the remaining days in the regular season. At the conclusion of the regular season, a player on a hardship 10-day deal would immediately become a free agent, with his team holding no form of Bird rights on him.

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.

Earlier versions of this post were published in previous years by Luke Adams and Chuck Myron.

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