With teams finalizing rosters ahead of Monday’s cut-down deadline, there could be a flurry of activity from teams exploring avenues to keep players on crowded rosters. According to Spotrac’s Keith Smith (Twitter link), several luxury tax teams are exploring moving off salary in an effort to keep other players they like.
While the Wizards aren’t a luxury tax team, they’re one of the many teams looking to make a move before Monday’s roster deadline. As NBA insider Jake Fischer reports (Threads link), the Wizards want to keep Jared Butler around on the 15-man roster. Butler is on a non-guaranteed contract, which made him a release candidate, but he played well in the preseason, averaging 6.8 points and 4.2 assists in 14.3 minutes per game across five outings.
That could lead the Wizards to explore trading or even cutting former No. 10 overall pick Johnny Davis, according to Fischer. The Wizards aren’t expected to exercise Davis’ fourth-year option and while he hit a clutch shot in Friday’s preseason finale, he struggled this preseason and through his two NBA years with shooting efficiency.
However, outright cutting Davis would mean not being able to use his $5.3MM salary to help facilitate trades later down the road. It’s possible Washington agrees to a bigger trade before the beginning of the regular season or considers waiving another player.
As we outlined earlier today, it’s important to note that while most teams will make cuts Saturday, that’s not really an issue for the Wizards. The main wave of cuts today are mostly going to be non-guaranteed contracts and since teams like the Wizards cutting guaranteed salary would be eating dead money anyway, they have until Monday’s deadline to come to a decision.
We have more trade rumors from around the league:
- The Bucks have informed rival teams of early interest in trading third-year wing MarJon Beauchamp, according to Fischer (Threads link). Beauchamp was the 24th overall pick in 2022 by the Bucks, so their willingness to move him is noteworthy. Across his first two seasons in the league, he’s averaged 4.8 points and 2.1 rebounds. While Fischer suggests the Bucks could be looking to acquire a defensive-minded wing, Smith notes via Twitter that Milwaukee has also expressed interest in re-signing Thanasis Antetokounmpo — moving Beauchamp without taking a player back would open up that opportunity. Antetokounmpo is expected to miss the season while recovering from an Achilles tear, so signing him would be for his locker room presence, which Smith says is “prized” by both the franchise and his brother Giannis.
- The Timberwolves have looked into trade options for recently acquired forward Keita Bates-Diop, according to Fischer (Threads link). Bates-Diop was rerouted a couple of times this summer, going from the Nets to the Knicks in the Mikal Bridges trade before landing with Minnesota in the Karl-Anthony Towns blockbuster. Bates-Diop is set to make just under $2.7MM this season and with the Wolves already about $17MM over the second tax apron, they’d prefer to move off his salary rather than eating it. Moving Bates-Diop is also about finding a way to keep PJ Dozier on the roster. The Wolves have 15 players on guaranteed salaries, plus Dozier on a partially guaranteed deal. Dozier is a favorite of president of basketball operations Tim Connelly.
- Celtics guard Lonnie Walker IV‘s Exhibit 10 status is noteworthy, as he was seen as a bargain signing by the reigning champions at the time, but they have tight finances as a team well over the second apron. Still, Walker’s impressive preseason puts Boston in an interesting position, and Fischer indicates the Celtics have considered keeping him around. If they retained Walker through the season and made no other changes, Boston would have to make approximately $9MM in projected tax payments on top of Walker’s minimum-salary contract due to their position against the second apron. However, that amount isn’t calculated until the end of the season, so the Celtics may explore trading Jaden Springer as late as February’s trade deadline so they can keep Walker, Fischer reports.
[UPDATE: The Celtics are waiving Walker.]
- The Pistons may be the primary contact for any team looking to make salary- or roster-trimming trades, Smith notes (Twitter link). The Pistons have an open roster spot and $10.2MM in cap space, putting them in position to accommodate players like Davis, Beauchamp, Bates-Diop or Springer if their teams were willing to attach draft capital.