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Damian Lillard Roundup: Heat, Thunder, Herro, More

September 19th, 2023 at 9:15am CST by Luke Adams

The Trail Blazers and Heat remain at a standoff in the Damian Lillard trade talks, with the two sides unable to bridge the gap between what Portland expects to receive for its star guard and what Miami is willing to give up, ESPN’s Brian Windhorst said on the latest Hoop Collective podcast (YouTube link).

“What the Blazers want – if they’re dealing with one team, if it is Miami or nothing – they want what the Nets got from the Suns (for Kevin Durant),” Windhorst said.

The Nets acquired four unprotected first-round picks along with Mikal Bridges, Cameron Johnson, a first-round pick swap, and two second-rounders in the four-team deal that sent Durant and T.J. Warren to Phoenix at the February deadline. When ESPN’s Tim Bontemps interrupted to say that the Blazers simply aren’t going to get a Durant-esque package for Lillard, Windhorst continued:

“I understand that. And a year ago right now, the Nets weren’t getting it from the Suns, whatever initial talks that they had. But the concept is that (the Blazers) want the Heat to literally scrounge into every nook and cranny and produce everything they possibly can. And the Heat don’t feel the need to do that, and they haven’t since June.”

As Windhorst observes, the Suns only became more willing to make the sort of massive offer the Nets wanted for Durant following the franchise’s change in ownership. Obviously, the Blazers can’t count on their talks with Miami getting that sort of push.

Here’s more on Lillard:

  • Appearing on Back on Figg (YouTube link), Lillard spoke about his desire to win a championship and hinted that Portland’s lack of urgency to contend for a title is the reason why he wants to be traded. “(It’s) like me and you saying, ‘No matter what happens, we ain’t telling on each other,'” Lillard said (hat tip to RealGM). “… And then a day comes where I’m still playing by those same rules. Like, ‘Me and you want the same thing, we’re gonna go out together.’ And then that ain’t the code you want to live by no more. So, when that happens, me and you can’t be how we was. … If me and you don’t want the same thing no more and you show me that you don’t want the same thing, we don’t want the same thing.”
  • Asked during an appearance on the It Is What It Is podcast (Twitter video link) whether he wants to be a Trail Blazer this season, Lillard replied, “In a perfect world, I could spend my entire career in Portland.” Again, it sounds like the implication there is that he’d be comfortable remaining with the Blazers if they were more aggressively building a win-now roster.
  • During an NBA Today segment on Lillard (YouTube link), ESPN’s Marc Spears suggested there might be a mystery Eastern Conference team interested in making a play for the star guard. “Would Boston do it?” Spears said when discussing possible suitors besides Miami. “I’m kind of hearing rumors about another Eastern Conference team that I’m not going to throw out there just yet.”
  • Chris Mannix of SI.com said on The Crossover NBA podcast that he believes the Thunder could enter the Lillard sweepstakes if Dame is still a Blazer in January and Oklahoma City is overachieving. “If they’re playing really well, don’t be surprised if they go out and make a run at Lillard,” Mannix said, per Ross Lovelace of SI.com.
  • Ira Winderman of The South Florida Sun Sentinel (subscriber link) questions the Trail Blazers’ apparent aversion to acquiring Heat guard Tyler Herro in a trade for Lillard, arguing that Herro has accomplished more in his career than Anfernee Simons and might immediately become the best player on Portland’s roster.
  • In a separate article for the Sun Sentinel, Winderman notes that if the Heat are able to land Lillard, they’d have three players – Lillard, Jimmy Butler, and Bam Adebayo – impacted by the NBA’s new player participation policy. Chicago, Cleveland, Golden State, Milwaukee, Minnesota, and Phoenix are currently the only teams with more than two players affected.
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Love Could Replace Haslem As Sage Mentor

September 18th, 2023 at 5:23pm CST by Dana Gauruder
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Richardson's Game Has Aged Well

September 17th, 2023 at 5:30pm CST by Dana Gauruder
  • Josh Richardson joined the Heat in 2015 after playing four seasons at Tennessee, making him a polished, ready-for-prime-time player.  Entering his second stint with the franchise, Richardson continues to play with an intelligent, measured style that has aged well, Ira Winderman of the South Florida Sun Sentinel opines. Richardson rejoined Miami as a free agent on a two-year contract.
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Heat Notes: Swider, Richardson, Butler, Lowry

September 17th, 2023 at 10:30am CST by Arthur Hill

Cole Swider is hoping to be the Heat‘s next success story in player development, writes Ira Winderman of The Sun Sentinel. Miami has shown a knack for finding useful players who have gone undrafted, many of whom are coming off opportunities with other teams. Swider wants to put his name on that list with Max Strus, Gabe Vincent, Duncan Robinson, Orlando Robinson and others.

“It was a big part of my decision-making process,” Swider said. “There were a lot of teams that were interested. And a lot of ’em were interested in the same thing the Heat were interested in, an Exhibit 10 (tryout contract) and the opportunity to earn a two-way or a roster spot. But the success with the Heat with those guys gave me an easy decision, in terms of they’re going to give you a real opportunity in training camp, they’re going to give you real opportunities to get on the floor and play through mistakes and make the team.”

Swider, a 24-year-old small forward, signed a two-way contract with the Lakers after going undrafted out of Syracuse in 2022. He saw minimal playing time in seven games with L.A., spending most of the season in the G League.

Another reason Swider decided to go to Miami was the team’s need for outside shooting after losing Strus and Vincent in free agency. Swider is a shooting specialist, connecting at 50.6% from the field and 43.6% from beyond the arc in 27 G League games last season.

“Because of the type of guys like me in the past, they know how to use guys like me,” he said. “When I do something in pickup that looks like Duncan or Max or Gabe, they know how to use me in a game. It’s not like, ‘Oh, this only works in pickup.’”

There’s more from Miami:

  • Josh Richardson has aged well throughout his NBA career and should be a reliable rotation player this season, Winderman states in a mailbag column. Richardson, who was drafted by the Heat in 2015, returned to the organization this summer after playing for five teams in the last four years. Winderman notes that he relies on intelligence as much as speed and athleticism and has remained productive at age 30.
  • Jimmy Butler falls just short of the NBA’s exceptions in its new Player Participation Policy, but his medical history may give the Heat more opportunity to rest him, Winderman adds in another piece. Teams can petition the league to sit out players in back-to-back games if they’re at least 35 years old or have logged more than 34,000 career minutes or 1,000 total games in the regular season and playoffs. Butler is 34 with 29,513 minutes in 873 games, but his history of knee issues may qualify him to get approval under the PPP’s injury provision.
  • NBA Twitter was buzzing Saturday night when Heat guard Kyle Lowry was spotted alongside Trail Blazers coach Chauncey Billups at the Colorado-Colorado State football game (video link). Lowry is among the players who may be headed to Portland if the teams can agree on a Damian Lillard trade.
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Trail Blazers Notes: Lillard, Trade Talks, Devoe

September 15th, 2023 at 11:05pm CST by Rory Maher

Adrian Wojnarowski of ESPN gets the sense that the Trail Blazers‘ trade talks regarding Damian Lillard have picked up over the past couple weeks, he said on NBA Today (YouTube link).

Talks had largely been dormant for over a month, but training camp is just a few weeks away, so teams are trying to complete rosters before the season begins in late October.

“I think Portland, what they’ve been trying to do is see how they can put together multi-team deals that would get them the assets that they would want — young players, draft picks,” Wojnarowski said. “There might be a team that their best asset is a veteran player that doesn’t interest the Blazers, but there’s a third team who might want to take on that veteran and then send, whether it’s a young player or picks, in part, to Portland.

“So I think they’ve been in communication with a lot of teams trying to find a structure of a deal. … We’ll see how much traction they can get between now and the start of camp.”

People within the Blazers and around the league expect that Lillard will report to camp if a trade hasn’t occurred, according to Wojnarowski, who says that scenario would be “uncomfortable” and “may be unpleasant, but it won’t be unprofessional.” Having Lillard away from the team while Portland searches for a deal isn’t an option under the new player participation policy, Woj notes.

Here’s more on the Blazers:

  • At ESPN.com (Insider link), Tim Bontemps, Kevin Pelton, Andre Snellings and Andrew Lopez came up with hypothetical Lillard trades that were evaluated by their colleague Bobby Marks, a former assistant GM with the Nets. Lillard hopes to be traded to the Heat. Bontemps proposes a straight-up swap that sends Lillard and Jusuf Nurkic to Miami in exchange for Tyler Herro, Kyle Lowry, Jaime Jaquez, Nikola Jovic, 2027 and 2029 first-round picks, and 2028 and 2030 first-round swaps. The other proposals involve the Sixers, Clippers, Pelicans and Raptors.
  • The Rip City Remix — Portland’s new NBA G League affiliate — have acquired a 2024 NBAGL first-rounder from the Salt Lake City Stars (Twitter link). The Remix sent the Jazz‘s affiliate the returning player rights to Michael Devoe. Devoe, who played college ball at Georgia Tech, signed an Exhibit 10 deal with the Clippers last fall, but was waived before the season started. He spent 2022/23 with their G League affiliate, the Ontario Clippers.
  • In case you missed it, commissioner Adam Silver recently said the NBA won’t do anything to force the sale of the Trail Blazers. You can find more details here.
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Heat Notes: Love, Adebayo, Free Agency, Training Camp

September 15th, 2023 at 4:42pm CST by Luke Adams

Kevin Love didn’t join the Heat until late February this year and appeared in just 21 regular season games for the team. However, he saw enough during that time – and during Miami’s extended playoff run – to get comfortable with the organization and to decide he wanted to re-sign as a free agent, writes Anthony Chiang of The Miami Herald.

“I think naturally I wish that I would have found my rhythm and found my fluidity and feel on the court faster,” Love said. “But I think my impact was both on the floor and off the floor. Just being around the locker room, whether it be pregame or postgame, at practice, I felt like I could make a major impact there in helping bring us together.

“I also have a great relationship with the front office, with ownership, with all my teammates, coaching staff. It just felt like a good home for me and I wanted to continue that and see what was possible if I started the year out for the Miami Heat and see the impact that I could have there.”

When they re-signed him this summer, the Heat used their Non-Bird rights on Love to give him a salary that’s 20% above the veteran’s minimum, so he’ll earn $3,835,738 in 2023/24 instead of $3,196,448.

Here’s more on the Heat:

  • William Guillory of The Athletic contends that, given its lack of interior size and rebounding at this year’s World Cup, Team USA needs to make sure that Heat big man Bam Adebayo is part of its roster for the 2024 Olympics — especially if Joel Embiid doesn’t commit to playing for the U.S.
  • The holding pattern in the Damian Lillard trade talks isn’t the only reason why the Heat are holding off on pursuing veteran free agents, according to Ira Winderman of The South Florida Sun Sentinel. As Winderman explains, Miami likely assured early free agent additions such as Josh Richardson of a certain role, and adding another free agent at the same position – such as Kelly Oubre – would cut into that role.
  • In a separate article, Winderman argues against the idea of considering a trade for Kevin Porter Jr. In Winderman’s view, even though Porter would never play a game for any team that acquires him, the downside of having him even briefly associated with your franchise isn’t worth it for some minor draft assets and possibly a bit of financial relief.
  • The Heat announced on Friday that they’ll hold their training camp at the Florida Atlantic University campus in Boca Raton from October 3-7 following their Oct. 2 media day at the Kaseya Center in Miami, per Winderman.
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Southeast Notes: Lillard, Coulibaly, Washington, Williams, McClung

September 14th, 2023 at 5:03pm CST by Tristan Tucker

While the Heat continue to explore options to acquire star guard Damian Lillard from the Trail Blazers, the NBA eliminated one potential option that could have led to Portland delaying a trade, notes Barry Jackson of the Miami Herald.

As part of the league’s ruling that healthy star players can’t sit out from games, the NBA also prohibited teams from making any long-term shutdown “when a star player stops participating in games or plays in a materially reduced role in circumstances affecting the integrity of the game.”

As Jackson notes, ESPN’s Bobby Marks said the rule specifically precludes Lillard and Portland from mutually agreeing for the seven-time All-Star to stay away from the team while it works on a trade. A punishment for disregarding the rule would involve significant fines, per Marks.

While it’s unclear whether either party was exploring that as an option, it won’t be possible anymore. This is advantageous for the Heat, writes Jackson, who says that Portland must decide whether to play Lillard and risk possible injury, which would diminish his value.

There are still a handful of notable free agent point guards available if the Heat don’t get Lillard, such as the recently released Cameron Payne, but the Heat haven’t been actively pursuing one, Jackson writes. According to Jackson’s source, the Heat could look at options that involve Tyler Herro or Josh Richardson as the starting primary ball-handler if the team is unable to land the star guard.

Of the available free agent point guards, Goran Dragic is a veteran option who spent 2015-21 in Miami. Jackson writes that Dragic has interest in joining the Heat.

We have more from the Southeast Division:

  • Wizards rookie wing Bilal Coulibaly was one of the 2023 draft’s biggest risers, culminating in him being selected with the No. 7 overall pick. Josh Robbins of The Athletic spoke to three anonymous NBA scouts about Coulibaly, who spent part of the last year playing alongside No. 1 overall pick Victor Wembanyama. The scouts agreed that athleticism and an impressive defensive toolbox and instincts are among Coulibaly’s strengths, while his shooting and physicality are improvement points. However, all scouts appeared to be high on the 19-year-old’s upside. “The sky’s the limit for him,” one anonymous scout said to Robbins.
  • Hornets forward P.J. Washington re-signed with Charlotte on a three-year, $46.5MM deal in August, nearly two months after free agency began. While there was some speculation about whether Washington would ultimately return to the Queen City, the 25-year-old forward sounds relieved to be back with the Hornets. “It means the world to me,” Washington said in a video posted by the Hornets social media team (Twitter link). “Obviously, back in 2019, Charlotte took a chance on me and I’m just blessed to be in the position I am today.”
  • The Magic announced they signed Brandon Williams and Mac McClung to Exhibit 10 deals on Tuesday and Wednesday, respectively. Orlando’s G League affiliate Osceola Magic acquired the returning player rights to both Williams and McClung. If an Exhibit 10 player is waived by an NBA club before the season begins and spends at least 60 days with that team’s G League affiliate, he can earn a bonus worth up to $75K. This week’s G League trades assure that Williams and McClung can suit up for Osceola this season if and when they are waived by Orlando. Williams was acquired from the College Park Skyhawks in exchange for Joel Ayayi, Robert Baker II and a 2023 G League first-round pick, per the Orlando Sentinel’s Jason Beede (Twitter link), while McClung was acquired from the Delaware Blue Coats in exchange for the rights to Jeff Dowtin and a 2024 G League second-round pick (Twitter link).
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Super-Max Candidates To Watch In 2023/24

September 14th, 2023 at 7:30am CST by Luke Adams

Note: This is an updated version of an article that was sent exclusively to our Trade Rumors Front Office subscribers in June. Click here for more information on Trade Rumors Front Office.

The NBA’s Designated Veteran rule, as we explain in our glossary entry on the subject, allows players to qualify for a maximum salary worth 35% of the cap before they gain the required NBA service time.

Typically, a player is ineligible to receive a maximum contract that starts at 35% of the cap until he has at least 10 years of experience, but the Designated Veteran rule gives a player with between seven and nine years of experience the opportunity to do so if he meets certain performance criteria. This has become colloquially known as signing a “super-max” deal.

The performance criteria are as follows (only one of the following must be true):

  • The player was named to an All-NBA team and/or was named the NBA Defensive Player of the Year in the most recent season, or in two of the last three seasons.
  • The player was named the NBA MVP in any of the three most recent seasons.

Since the NBA introduced the concept of the Designated Veteran contract in 2017, 12 players have signed them across seven offseasons. Celtics wing Jaylen Brown became the latest player to join that group this summer when he signed a five-year super-max deal that could become the NBA’s first $300MM contract.

Brown will be the only player who signs such a contract this offseason, but it’s worth taking a peek down the road to see which players are the best candidates to join the list of super-max recipients in 2024 and 2025.

We can start by penciling in another Celtic, Jayson Tatum, for 2024. Although he doesn’t yet have enough years of NBA service to sign a Designated Veteran extension, Tatum met the performance criteria in the spring by earning his second consecutive All-NBA berth.

That means that even if he doesn’t make an All-NBA team in 2024, he’ll have received an All-NBA nod in two of the previous three seasons when he meets the service time criteria next summer, making him super-max eligible. It seems likely the Celtics will offer him a Designated Veteran extension at that time.

Here are some other candidates to watch during the 2023/24 season:

2024

Because a player become ineligible for a Designated Veteran extension if he’s traded after his first four years in the NBA, prime candidates like Donovan Mitchell and Domantas Sabonis won’t be able to qualify. Still, there’s an intriguing group of candidates in play for next summer.

Ingram, Murray, and Siakam, members of the 2016 draft class, would have become super-max eligible if they had made an All-NBA team this year. They’ll get another chance in 2024.

Ingram averaged a career-best 24.7 points and 5.8 assists per night in 2022/23, but injuries limited him to just 45 games. While he’s not one of the best 15 players in the NBA, it’s not impossible to imagine the 26-year-old earning an All-NBA spot if he stays healthy and helps lead the Pelicans to a top-four seed in the West. He’s probably a long shot, but we can’t rule him out entirely.

Murray was making his way back from an ACL tear last season, which meant he was subject to load management and wasn’t necessarily at his best from day one. But his postseason performance – 26.1 points per game on .473/.396/.926 shooting en route to a championship – served as a reminder that he has All-NBA upside.

Siakam made the All-NBA Second Team in 2020 and the Third Team in 2022 and received some votes in 2023. However, he still needs one more All-NBA nod in 2024 to become eligible for a Designated Veteran deal. He’ll be a candidate to watch as long as he remains in Toronto for the 2023/24 season. A trade – which would make him ineligible – still looms as a possibility.

Adebayo and Fox are 2017 draftees with just six years of NBA experience, which means that Fox didn’t meet the Designated Veteran performance criteria by earning All-NBA honors in May — he’ll need to do it again in 2024 to qualify for a super-max deal. His performance this past year showed that he’s capable of it.

Adebayo’s path to an All-NBA berth is complicated by the fact that the All-NBA teams will become positionless beginning in 2024. That means voters won’t necessarily have to choose three centers, which may reduce his odds of making the cut.

Still, the field of All-NBA candidates may be more wide open than usual in 2024, since the league is also requiring players to appear in at least 65 games in order to be eligible for one of the 15 spots. That means a player who misses a few weeks with an injury might be out of the running. If Ingram, Murray, Siakam, Fox, and Abebayo can stay healthy and play at least 65 times, their All-NBA odds will increase.

It’s worth noting too that being named Defensive Player of the Year is another way to qualify for a super-max. Adebayo has finished in the top five in voting for that award in each of the last four seasons and is a legitimate candidate to win it at some point.

2025

Doncic, Gilgeous-Alexander, and Jackson were drafted in 2018 and have just five years of NBA experience, so they’re still two years away from having the service time required for a Designated Veteran contract — none of them would be able to sign a super-max extension until 2025. However, they all have an opportunity to meet the performance criteria in 2024.

Doncic and Gilgeous-Alexander made up the All-NBA First Team backcourt in 2023, so if they make an All-NBA team again next year, they’ll have done so in at least two of the three years leading up to the 2025 offseason.

As for Jackson, he missed out on All-NBA honors in 2023, but was the league’s Defensive Player of the Year. It’s a tall order, but if he can win a second DPOY award in either of the next two seasons, he’ll make himself eligible to sign a super-max contract in 2025.

The rookie scale extension recipients

Ball, Edwards, and Haliburton have all signed five-year, maximum-salary rookie scale extensions this offseason that project to start at 25% of the 2024/25 cap. If we assume the cap will rise by the maximum allowable 10%, those deals would be worth just shy of $217MM.

However, all three extensions include Rose Rule language. This is another form of the super-max — we can call it the “mini” super-max, paradoxical as that may sound. Unlike a player who signs a Designated Veteran contract, which starts at 35% of the cap instead of 30%, a player who meets the Rose Rule criteria can receive a starting salary worth 30% of the cap rather than 25%.

The performance criteria for a Rose Rule salary increase are essentially the exact same as for a Designated Veteran bump, but must be achieved by the end of the player’s four-year rookie contract. That means Ball, Edwards, and Haliburton would have to make the All-NBA team in 2024 in order to increase the projected value of their respective extensions to $260MM over five years — an All-NBA berth in 2025 or 2026 would be too late.

Each of these three players has an All-Star berth under his belt, so making the leap to All-NBA certainly isn’t inconceivable. Edwards may be the best bet of the three to qualify for the mini super-max, but if Ball and Haliburton can lead their teams to playoff spots, they’d certainly have a case.

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Lamar Stevens Drawing Interest From Several Teams

September 13th, 2023 at 5:10pm CST by Arthur Hill

Numerous teams have expressed interest in free agent Lamar Stevens, according to Michael Scotto of HoopsHype. Scotto lists the Celtics, Rockets, Timberwolves and Heat among Stevens’ potential destinations.

The 26-year-old swingman had a workout last month with Boston, which decided to sign Svi Mykhailiuk to a one-year contract after auditioning several wing players. Scotto notes that the Celtics have an open roster spot remaining and may still be considering Stevens.

Scotto calls Houston “a team to keep an eye on” considering that Kevin Porter Jr.’s NBA future is in jeopardy after his domestic violence arrest. The Rockets will have an unexpected need for help at the wing if Porter is suspended for all or part of the upcoming season.

Miami will be searching for rotation players if it’s able to acquire Damian Lillard from the Trail Blazers before the start of the season, Scotto adds, while Minnesota also has a roster opening.

Stevens spent his first three NBA seasons with the Cavaliers after joining the team as a two-way player in 2020, but he was never able to earn rotation minutes. He appeared in 62 games last season and made 25 starts, but only averaged 5.3 points and 3.3 rebounds in 18.1 minutes per night.

Cleveland traded Stevens to the Spurs as part of a three-team deal in July, and he was waived a few days later. The partial guarantee on his minimum salary for 2023/24 was increased to $400K as a condition of the deal.

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Teams Limited To Minimum Salary Contract Offers

September 13th, 2023 at 4:01pm CST by Luke Adams

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.

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