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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.

Cavaliers Sign Justin Powell

September 13th, 2023 at 6:59am CST by Luke Adams

SEPTEMBER 13: Powell’s deal with the Cavaliers is official, according to the transaction log at RealGM.com.

SEPTEMBER 12: The Cavaliers have agreed to sign undrafted rookie free agent Justin Powell, agent George Langberg tells Michael Scotto of HoopsHype (Twitter link).

Powell played for Auburn as a freshman, Tennessee as a sophomore, and Washington State as a junior before declaring for the NBA draft as an early entrant this spring. The 6’6″ wing was a full-time starter for the Cougars last season, averaging 10.4 points, 3.9 rebounds, and 2.8 assists in 33.8 minutes per contest (34 games), with a shooting line of .408/.379/.811.

After going undrafted, Powell suited up for the Heat‘s Summer League team in Sacramento and Las Vegas. A June report indicated that he had agreed to sign an Exhibit 10 contract with Miami, but it appears that agreement either fell through or was reported erroneously.

While Scotto’s report today doesn’t include any additional details on Powell’s deal with Cleveland, it seems likely end up signing an Exhibit 10 contract. That would put him on track to earn a bonus worth up to $75K if he’s waived before the regular season and then spends at least 60 days with the Cleveland Charge, the Cavs’ G League affiliate.

The Cavaliers currently have four open spots on their 21-man offseason roster, so no one would need to be cut to make room for Powell.

Lillard Would Report To Any Team’s Camp; Desire To Play For Heat Unchanged

September 11th, 2023 at 10:50pm CST by Dana Gauruder

Damian Lillard would report to any team that traded for him but he wouldn’t be happy about it unless he’s dealt to the Heat, according to Aaron Fentress of The Oregonian.

Earlier on Monday, Shams Charania of The Athletic stated on “The Rally” that Lillard would only report to training camp as a member of the Trail Blazers or Heat.

Fentress’ sources told him that Lillard would show up and play for any team that acquired him, but his desire to play for the Heat wouldn’t change. That could discourage other potential suitors from giving up major assets for an unhappy perennial All-Star slated to make $45,640,084 during the upcoming season and $48,787,676 for the 2024/25 season, even before his two-year extension estimated at $121,774,03 kicks in.

Lillard, who requested a trade at the beginning of the free agency period in July, originally took a firm stance regarding where he’d report, Fentress adds. However, he backed off when the NBA sent out a memo to all teams in late July, which threatened punishment if he or his agent made further public comments regarding his desire to play for the Heat.

Lillard’s feelings about the Trail Blazers haven’t changed, either. If he’s not dealt before training camp, he’ll show up and play for Portland, but his desire to be dealt to Miami won’t wane. He doesn’t view the Blazers as a serious contender as currently constructed, Fentress adds.

Jovic's Cup Showing Won't Alter Potential Trade

September 11th, 2023 at 10:02pm CST by Dana Gauruder

Nikola Jovic excelled during the World Cup but Ira Winderman of the South Florida Sun Sentinel doubts that will alter the Heat‘s willingness to include him in a potential Damian Lillard trade. He’s not even certain of a rotation spot this upcoming season, Winderman notes, so unless the team’s brass and coaching staff projects him as the team’s power forward of the future or a potential All-Star talent, they won’t hesitate to move him for a proven star.

Northwest Notes: Lillard, Nuggets’ Staff, Murray

September 11th, 2023 at 7:10pm CST by Dana Gauruder

Talks between the Heat and Trail Blazers regarding a potential Damian Lillard trade should resume sometime before training camp, The Athletic’s Shams Charania said during “The Rally” TV show (video link).

Lillard remains intent on getting traded to Miami, if he’s dealt. Charania expressed doubt that Lillard would even report to camp if he’s traded to a team other than the Heat.

“I’m told that that the only training camps Damian Lillard would report to are Portland and Miami,” Charania said.

Of course, that could be just posturing in the hopes of going to his desired destination. Media day for training camps is scheduled on Oct. 2 with camps slated to begin in Oct. 3.

We have more from the Northwest Division:

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.
In case you missed it, the Trail Blazers are reportedly adding center Duop Reath to their roster. Get the details here.

Heat Frontrunner For Kelly Oubre?

September 11th, 2023 at 2:39pm CST by Rory Maher

Teams around the league expect free agent wing Kelly Oubre to eventually sign with the Heat, according to veteran NBA reporter Marc Stein, who publishes his articles on Substack.

However, there’s an important caveat: Miami would need to trade for Trail Blazers star Damian Lillard first. As Stein writes, the Heat would likely have a hole on the wing if they can pull off a Lillard deal, and Oubre could help fill that void.

Oubre, 27, is the highest-ranked player left on our list of 2023’s top-50 free agents, coming in at No. 27. He averaged 20.3 points, 5.2 rebounds and 1.4 steals on .431/.319/.760 shooting in 48 games (32.3 minutes) for Charlotte last season.

Unless they can shed a significant amount of salary, the Heat will be limited to a minimum-salary offer for Oubre, which would be just shy of $2.9MM for a player with his amount of experience (he just finished his eighth NBA season). That’s a significant pay cut — Oubre has earned $12MM or more in each of the past four seasons.

Miami isn’t expected to have access to the taxpayer mid-level exception (a maximum of $10.25MM over two years) due to its proximity to the second tax apron, and it used its bi-annual exception last season to sign Kevin Love. As the name implies, the bi-annual exception can’t be used in consecutive years.

Still, the fact that Oubre remains unsigned likely means there hasn’t been much of a market for him above the veteran’s minimum to this point — otherwise, he presumably would have landed with a team already. The Cavaliers and Mavericks are rumored to have shown some level of interest in the former first-round pick, but obviously nothing has come to fruition.

Heat Notes: Lillard, Starters, Wood, Rebounding

September 10th, 2023 at 9:01am CST by Arthur Hill

The Heat don’t have any reason to increase their offer for Trail Blazers guard Damian Lillard unless they’re determined to have him when training camp opens, Anthony Chiang of The Miami Herald writes in a mailbag column. No other team has made a significant offer for Lillard, Chiang notes, so Miami would essentially be bidding against itself by giving more assets to Portland.

Chiang adds that the first step would be for the Heat and Blazers to resume trade discussions, which have been dormant for several weeks. Sources around the league tell Chiang that they expect the teams to start talking again some time before they both open camp in early October.

Chiang also speculates that things might get “messier” in Portland if Lillard is still on the roster at the start of camp, which would mark three months after he submitted his trade request. It’s not ideal for the Heat to start preparing for a new season amid so much uncertainty, so the time pressure could renew both teams’ interest in getting a trade completed.

There’s more from Miami:

Without a trade, the Heat’s most likely starting lineup appears to be Kyle Lowry, Tyler Herro, Jimmy Butler, Kevin Love and Bam Adebayo, Chiang adds in the same piece. Butler and Adebayo are the only full-time starters returning from a team that just reached the NBA Finals a few months ago, although Herro was sidelined with an injury and Lowry and Love both have extensive starting experience. Chiang speculates that Caleb Martin could take Love’s place on occasions when Miami wants to use a smaller starting five, and Herro could be used as a makeshift point guard with Josh Richardson starting alongside him in the backcourt.
The Heat were mentioned as a possible destination for Christian Wood before he signed with the Lakers this week, but Miami isn’t in position to make complementary roster moves until it knows what’s going to happen with Lillard, according to Ira Winderman of The Sun Sentinel. Wood reportedly had been watching the trade requests involving Lillard and James Harden to see if a situation might open up that would offer him regular playing time, but he decided not to wait any longer to find his next team.
Erik Spoelstra’s experience as an assistant coach with Team USA during the World Cup provided him with another example of the need for size on the front line, Winderman adds. The Americans were routinely outrebounded by larger opponents, just as Miami was in losing to the Nuggets in the NBA Finals. The Heat finished 27th in the league in rebounding last season, which may affect Spoelstra’s decision on whom to start at power forward.

Woj: Blazers May Be Prepared To Hold Damian Lillard Into Season

September 7th, 2023 at 7:46pm CST by Tristan Tucker

Appearing on a recent episode of NBA Today, ESPN’s Adrian Wojnarowski said that “very little of substance” has happened in terms of movement on a potential Damian Lillard trade since the star guard first made his trade request in early July (YouTube link).

According to Wojnarowski, the league had shut down since summer league in a way he hadn’t seen in the last several years, leading to a lack of any traction on any potential blockbuster trades.

Now that executives are returning from vacations and players are coming in to work out in team facilities, there’s an expectation that conversations between the Trail Blazers and interested teams will ramp up in the coming weeks, per Wojnarowski. The next real deadline or landmark for Portland, Wojnarowksi adds, is the start of training camps in late September.

Wojnarowki says that the Blazers and maybe even Lillard are prepared for the possibility of the veteran remaining with the team in training camp and even into the regular season. The Blazers could look to reevaluate the situation after the first 20-25 games of the season and see how they’re performing, in addition to determining at that point whether the landscape of interested teams has changed, Wojnarowski said.

As ESPN’s Zach Lowe recently reported, there has been no indication that any team besides the Heat has expressed serious interest in making a trade for Lillard. However, as has long been the case, the Blazers aren’t interested in any packages Miami is putting on the table at this moment in time. Miami’s best offer would almost certainly include some combination of Kyle Lowry, Tyler Herro or Duncan Robinson, as well as first-round picks and young players like Nikola Jovic or Jaime Jaquez Jr.

After the first 20-25 games of the season, Wojnarowski suggests, teams that weren’t inquiring on Lillard before may become interested, such as an unexpected contender looking to go all in. Additionally, teams with existing interest in Lillard (ie. Miami) could be willing to increase their trade offers. Wojnarowski adds that he expects any Lillard trade to be a multi-team deal, rather than a two-team agreement.

Lillard, 33, is coming off an elite All-Star season in which he averaged 32.2 points and 7.3 assists in 58 games. One of the best Blazers ever, Lillard has played with Portland for 11 seasons, so he may be unwilling to sour relationships in the organization.

Lillard’s status as an all-time great who is still capable of averaging over 30 points per night makes high trade demands from Portland’s end understandable. However, hesitation from opposing teams also makes sense, given the guard’s age and contract (he could be on the books for $63.2MM in his age-36 season, pending a player option in 2026/27).

What Bryant Can Bring, Plus Where Roster Stands

September 6th, 2023 at 8:21pm CST by Rory Maher

Veteran center Thomas Bryant says he prioritized the Heat in free agency because “they really wanted me,” according to Anthony Chiang of The Miami Herald. A skilled scorer, Bryant thinks his offensive versatility will help Miami. “I feel like I can help this team based on what I’ve seen as an interior presence, interior scoring, my versatility out there to be able to shoot the three and make mid-range jump shots and score at the rim,” Bryant said. “But I feel like the versatility that I will bring to the table will really help the team in a great way.” Bryant, who signed a two-year deal with the Heat that includes a player option, will be competing for backup center minutes, Chiang notes.
The Heat have a full 21-man offseason roster at the moment, but five players are on Exhibit 10 training camp deals, three are on two-way deals, and Orlando Robinson‘s contract is only partially guaranteed for $75K. In practical terms, that means the Heat only have 12 players with guaranteed standard contracts. Assuming Robinson makes the roster out of camp, Miami will still need to add at least one player to its standard regular season roster, Chiang adds in the same article. As Chiang writes, in the new CBA teams can carry fewer than 14 players on standard deals for a total of 28 days in a season, and only up to 14 consecutively.

Lowe’s Latest: Lillard, Harden, Raptors, Bucks

September 6th, 2023 at 3:11pm CST by Luke Adams

There has been no forward momentum on the Damian Lillard front, ESPN’s Zach Lowe and Bobby Marks said on the latest episode of The Lowe Post podcast (YouTube link). The Trail Blazers guard requested a trade over two months ago, but the team doesn’t seem any closer to making a deal today than it was at the start of July.

“I’ve heard there’s been nothing. No meaningful dialogue at all,” Lowe said. “More pointedly… I just don’t think there’s been another team. If there is, I don’t know about it. That could very well the case, I may not know. But I have not heard of any other team that has really dove head-long – or even halfway – into the Dame Lillard sweepstakes.”

Marks also hasn’t heard any rumblings about any team besides the Heat that’s prepared to make a run at Lillard, and agreed that Portland and Miami don’t appear to have had substantial discussions or made any progress toward a deal.

“It’s been very quiet, certainly, from the Miami front,” Marks said. “I think the only way we hear more about Dame is if Dame makes it messy. And I don’t think Damian Lillard right now is willing to make it messy in Portland.”

Here are a few more highlights from The Lowe Post:

As is the case with the Heat and Lillard, the Clippers still appear to be the only viable suitor for Sixers guard James Harden, according to Lowe. “I know that Howard Beck and others have stated that there may be two or three other teams that have been sniffing, investigating,” Lowe said. “Certainly, if you talk to the Sixers, they have reason to say, “Oh, there’s a broad, frothy James Harden market out there.’ I really don’t think there is. I think it’s been mostly the Clippers.” However, Lowe added that the teams haven’t had “a whole lot of dialogue” in the last couple months.
While there has been some skepticism that the Clippers are able to offer the sort of package that would appeal to the Sixers for Harden, Lowe believes that Daryl Morey and the Philadelphia front office would be willing to pull the trigger if Los Angeles made the right draft assets available, since those could be flipped for an impact player. “If the Clippers were to put both (of their tradable) first-round picks in, even without (Terance Mann), I think there’s a two-team deal that exists that the Sixers would do,” Lowe said. “I don’t think the two teams have been anywhere close to any of that kind of deal, which is why I think the only play I see for the Sixers here is bring him to camp, hope…he plays pretty well, and the Clippers and some other teams with high expectations sputter over their first 20 games and get desperate.”
Lowe suggests he wouldn’t be surprised if the Raptors make some sort of move in the next six weeks, noting that the team still has multiple key players entering contract years (including Pascal Siakam and OG Anunoby) and has yet to complete an extension for Gary Trent Jr. that was rumored to be close back in June. “A lot of balls in the air for the Raptors,” Lowe said.
Marks and Lowe both believe that the Bucks‘ handling of Jrue Holiday‘s contract situation when he becomes extension-eligible in February could be a crucial domino that affects Giannis Antetokounmpo‘s future. Holiday can opt out of his current contract and become a free agent next summer if he doesn’t sign a new deal before then.