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NBA Teams With Hard Caps For 2020/21

November 27th, 2020 at 10:30am CST by Luke Adams

The NBA salary cap is somewhat malleable, with various exceptions allowing every team to surpass the $109,140,000 threshold once their room is used up. In some cases, teams blow past not only the cap limit, but the luxury-tax limit of $132,627,000 as well — the Warriors project to have a nine-figure tax bill this season as a result of their spending.

The NBA doesn’t have a “hard cap” by default, which allows a club like Golden State to build a significant payroll without violating CBA rules. However, there are certain scenarios in which teams can be hard-capped, as we explain in a glossary entry.

When a club uses the bi-annual exception, acquires a player via sign-and-trade, or uses more than the taxpayer portion ($5,718,000) of the mid-level exception, that club will face a hard cap for the remainder of the league year.

When a team becomes hard-capped, it cannot exceed the “tax apron” at any point during the rest of the league year. The tax apron was set $6MM above the luxury tax line in 2017/18 (the first year of the current Collective Bargaining Agreement) and creeps up a little higher each time the cap increases. For the 2020/21 league year, the tax apron – and hard cap for certain clubs – is set at $138,928,000.

More than half the teams in the NBA have been willing to hard-cap themselves this offseason, and in some cases, it will significantly impact a team’s ability to add further reinforcements later in the league year. The Bucks and Lakers are among the teams right up against the hard cap, which may prevent them from being players in free agency during the season unless they can shed salary.

For other clubs, the hard cap is just a technicality that won’t affect their plans. The Hawks and Thunder are among the hard-capped clubs that will have zero practical concerns about reaching that threshold in 2020/21.

Listed below are the hard-capped teams for the 2020/21 league year, along with how they created a hard cap.

Atlanta Hawks

Acquired Danilo Gallinari from the Thunder via sign-and-trade.

Boston Celtics

Using non-taxpayer mid-level exception on Tristan Thompson.

Charlotte Hornets

Acquired Gordon Hayward from the Celtics via sign-and-trade.

Dallas Mavericks

Using non-taxpayer mid-level exception on Willie Cauley-Stein and Trey Burke.

Denver Nuggets

Using non-taxpayer mid-level exception on JaMychal Green and Bol Bol.
Using bi-annual exception on Facundo Campazzo.

Detroit Pistons

Acquired Jerami Grant from the Nuggets via sign-and-trade.

Houston Rockets

Acquired Christian Wood from the Pistons via sign-and-trade.

Los Angeles Clippers

Using non-taxpayer mid-level exception on Serge Ibaka.

Los Angeles Lakers

Using non-taxpayer mid-level exception on Montrezl Harrell.
Using bi-annual exception on Wesley Matthews.

Miami Heat

Using non-taxpayer mid-level exception on Avery Bradley and Maurice Harkless.

Milwaukee Bucks

Using non-taxpayer mid-level exception on D.J. Augustin and Bryn Forbes.
Using bi-annual exception on Bobby Portis.

New York Knicks

Acquired Austin Rivers from the Rockets via sign-and-trade.

Oklahoma City Thunder

Acquired Kenrich Williams, Josh Gray, and Zylan Cheatham from the Pelicans via sign-and-trade.

Phoenix Suns

Using non-taxpayer mid-level exception on Jae Crowder.

Portland Trail Blazers

Using non-taxpayer mid-level exception on Derrick Jones.

Toronto Raptors

Using non-taxpayer mid-level exception on Aron Baynes and Alex Len.

Utah Jazz

Using non-taxpayer mid-level exception on Derrick Favors.

Washington Wizards

Using non-taxpayer mid-level exception on Robin Lopez.

This list could continue to grow during the offseason if other teams acquire a player via sign-and-trade, use more than the taxpayer portion of their mid-level exception, or use their bi-annual exception.

Thunder Trade Lecque To Pacers For Leaf, Second-Round Pick

November 25th, 2020 at 7:02pm CST by Luke Adams

NOVEMBER 25: The deal between the Pacers and the Thunder is now official, with the Thunder acquiring Leaf and a 2027 second-round pick in exchange for Lecque, the team announced in a press release.

NOVEMBER 22: The Thunder are acquiring yet another draft pick, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that Oklahoma City will receive a future second-round pick and forward T.J. Leaf from the Pacers in a deal that sends guard Jalen Lecque to Indiana.

Lecque, a former Sun, was one of the players sent to the Thunder in this week’s Chris Paul trade. He signed a four-year contract with Phoenix as an undrafted free agent a year ago, but only saw action in five NBA games as a rookie. The 20-year-old has a guaranteed $1.52MM salary this season with no guarantees beyond for 2020/21.

It’s not clear whether the Pacers are intent on keeping and developing Lecque, since the move appears to be financially motivated too. As Scott Agness of Fieldhouse Files tweets, moving Leaf’s $4.33MM salary for ’20/21 will allow Indiana to slip back below the luxury tax line.

The Thunder will acquire yet another future draft pick as a sweetener for taking on that extra salary, adding another second-rounder to the long list of draft assets GM Sam Presti has picked up during the last couple offseasons.

It doesn’t seem safe to assume this offseason that any newly-acquired player will remain in Oklahoma City for long, but if the Thunder hang onto Leaf, they’ll be getting a player who hasn’t carved out a regular rotation role since being drafted 18th overall in 2017. He averaged just 3.0 PPG and 2.5 RPG in 28 games (7.9 MPG) for the Pacers in 2019/20.

Thunder Notes: Coaching Staff, Burton, Gray

November 25th, 2020 at 3:35pm CST by Luke Adams

The Thunder officially announced Mark Daigneault‘s coaching staff today, confirming in a press release that Mike Wilks, Dave Bliss, and David Akinyooye will return to the team as assistants, while Zach Peterson and Kameron Woods will be back as player development coaches.

The team also confirmed that former Knicks interim coach Mike Miller has been hired as an assistant, as reported earlier today. However, otherwise the group looks similar to last year — which makes sense, considering Daigneault himself was a Thunder assistant in 2019/20 before receiving a promotion this fall.

“This group has proven to be great collaborators during their time with the Thunder, complementing their ability to help develop our team and players,” Daigneault said. “They all share a deep commitment and understanding for the values of the organization and are dedicated to being continuous learners. I’m looking forward to welcoming Mike to the Thunder and our coaching staff as we work to maximize our team and program.”

Here’s more on the Thunder:

Although he had his team option turned down last week by the team, free agent wing Deonte Burton remains on the Thunder’s radar, says Ian Begley of SNY.tv. According to Begley, scouts who watched Burton last season were impressed by his defense and athleticism, and believe he has some upside. He’s drawing interest from other teams besides Oklahoma City, Begley adds.
A source tells John Hollinger of The Athletic that Josh Gray – who was signed-and-traded from the Pelicans to the Thunder in the Steven Adams deal – was just days away from agreeing to sign with a Turkish team for a “tiny fraction” of the $1.62MM he got as a result of the sign-and-trade. It’s not clear whether or not Gray is in OKC’s plans for 2020/21, but he’ll get paid either way — his first-year salary had to be guaranteed as part of the transaction to make salary-matching work.
In case you missed it last night, the Thunder generated another huge trade exception (worth $19.5MM) by getting involved in the Hawks’ Danilo Gallinari signing to turn it into a sign-and-trade.

Thunder Hiring Former Knicks Coach Mike Miller As Assistant

November 25th, 2020 at 9:54am CST by Luke Adams

The Thunder are adding former Knicks head coach Mike Miller to Mark Daigneault‘s staff as an assistant, reports ESPN’s Adrian Wojnarowski (Twitter link).

Not to be confused with former NBA sharpshooter Mike Miller, this Miller is a 56-year-old who started his coaching career over three decades ago at Western Illinois. He served as David Fizdale‘s interim replacement on the sidelines for the Knicks last season.

After New York got off to a 4-18 start under Fizdale, Miller led the club to a 17-27 (.386) record the rest of the way, earning himself an interview for the permanent head coaching position. However, the team eventually opted for Tom Thibodeau.

Although Miller’s performance down the stretch last season reportedly impressed some members of the Knicks, who were interested in bringing him back as an assistant, the veteran coach didn’t end up joining Thibodeau’s staff and sought out a new coaching opportunity. He’ll get that opportunity in Oklahoma City under a first-time head coach in Daigneault.

Gallinari Acquired By Hawks In Sign-And-Trade

November 24th, 2020 at 6:45pm CST by Dana Gauruder

The Hawks have officially acquired forward Danilo Gallinari as part of a sign-and-trade with the Thunder, according to a team press release.

The Hawks also received cash considerations from the Thunder. Oklahoma City received a conditional 2025 second-round pick and create a large traded player exception through the transaction. According to ESPN’s Bobby Marks, it’s a $19.5MM exception (Twitter link).

The Thunder also created a $27.5MM exception by officially trading Steven Adams to New Orleans earlier in the day, though they’ll have to use it to take on Al Horford from Philadelphia (creating a new $15.4MM TPE for sending out Danny Green).

Gallinari signed a three-year contract reportedly worth $61.5MM. He reached an agreement with Atlanta on Friday, the first day of free agency.

“Danilo checks a lot of boxes for what we have prioritized,” Hawks GM Travis Schlenk said in the release. “We wanted to add productive veterans and high-level shooting to our group and he provides both. At his size, he is one of the league’s most versatile and efficient scorers and he has proven to be the type of veteran you want in your locker room.”

Gallinari, 32, had a strong season in Oklahoma City in 2019/20, averaging 18.7 PPG and 5.2 RPG on .438/.405/.893 shooting in 62 games (29.6 MPG). He’ll slot in at small forward, though he could also see extensive action the “four” in smaller lineups.

Thunder Sign Frank Jackson

November 24th, 2020 at 5:59pm CST by Luke Adams

DECEMBER 4: The Thunder have officially signed Jackson, the team announced today in a press release.

NOVEMBER 24: The Thunder have agreed to sign free agent guard Frank Jackson, reports ESPN’s Adrian Wojnarowski (via Twitter). Terms of the deal aren’t known, but Oklahoma City has already reportedly lined up players for its two-way slots, so it figures to be a standard contract.

Jackson, the 31st overall pick in the 2017 draft out of Duke, missed his entire rookie season with a foot injury, but has appeared in 120 games for the Pelicans over the last two years, averaging 7.2 PPG, 1.8 RPG, and 1.1 APG on .422/.319/.743 shooting during that time.

The 22-year-old was eligible for restricted free agency this fall, but the Pelicans opted not to tender him a qualifying offer, making him an unrestricted free agent. So he can sign with Oklahoma City outright.

Five players who finished the season under contract with the Pelicans are now on track to become members of the Thunder — New Orleans sent Darius Miller, Kenrich Williams, Josh Gray, and Zylan Cheatham to Oklahoma City in the Steven Adams blockbuster that was completed earlier today.

Western Contract Details: Grizzlies, KCP, Hood, Thunder

November 24th, 2020 at 5:21pm CST by Luke Adams

John Konchar‘s new deal with the Grizzlies, which will use part of the team’s mid-level exception, is guaranteed for the first two seasons, according to Keith Smith of Yahoo Sports (Twitter link). In 2022/23, only $840K of Konchar’s full $2.3MM salary is guaranteed, and his $2.4MM salary for ’23/24 is non-guaranteed, Smith adds.

Konchar was one of a handful of Grizzlies who signed a multiyear contract that isn’t fully guaranteed on the back end. As Smith explains (via Twitter), De’Anthony Melton‘s four-year contract, which has a descending structure, only has a partial guaranteed of $1.5MM on his $8MM salary for 2023/24.

Meanwhile, Jontay Porter, who got a three-year deal, has a partial guarantee of $300K on his $1.95MM salary for 2021/22, then has a non-guaranteed $2MM salary in ’22/23, per Smith (Twitter link). Porter’s contract also came out of Memphis’ MLE.

Here are a few more contract details from around the Western Conference, all courtesy of Smith:

Kentavious Caldwell-Pope‘s new three-year deal with the Lakers is worth about $39.12MM in total and features exactly $30MM in guaranteed money. Only $4.89MM of $14MM is guaranteed in year three (Twitter link).
Rodney Hood, who re-signed with the Trail Blazers, will earn $10.05MM in 2020/21 and then will have to be retained through June 23, 2021 in order to have his second-year salary of $10.85MM guaranteed (Twitter link).
As expected, the three players who were signed-and-traded from the Pelicans to the Thunder for salary-matching purposes in the Steven Adams trade received three-year contracts with only the first year guaranteed. Zylan Cheatham ($1,445,697) and Josh Gray ($1,620,564) will make the minimum, while Kenrich Williams gets $2MM (Twitter links).

Four-Team Jrue Holiday, Steven Adams Trade Officially Complete

November 24th, 2020 at 9:15am CST by Luke Adams

The Pelicans, Thunder, Bucks, and Nuggets have officially completed the four-team trade that will send Jrue Holiday to Milwaukee and Steven Adams to New Orleans, the Pelicans announced today in a press release.

In total, the mega-deal involves 10 players, five draft picks, and two future pick swaps. The trade breaks down as follows:

Bucks acquire Holiday and the draft rights to Sam Merrill (No. 60 pick; from Pelicans).
Pelicans acquire Adams, Eric Bledsoe, the Bucks’ 2025 first-round pick (unprotected), the Bucks’ 2027 first-round pick (unprotected), and the right to swap first-round picks with the Bucks in 2024 and 2026.
Thunder acquire George Hill, Darius Miller, Kenrich Williams (sign-and-trade), Josh Gray (sign-and-trade), Zylan Cheatham (sign-and-trade), the Nuggets’ 2023 first-round pick (top-14 protected), the Wizards’ 2023 second-round pick (from Pelicans), and the Hornets’ 2024 second-round pick (from Pelicans).
Nuggets acquire the draft rights to RJ Hampton (No. 24 pick; from Bucks).

The deal began when the Bucks and Pelicans reached an agreement on a trade sending Holiday to Milwaukee last week. From there, the Thunder got involved when New Orleans agreed to flip Hill to Oklahoma City in a trade for Adams.

A draft-night deal between the Nuggets and Pelicans that involved the Nuggets’ 2023 first-rounder and the Bucks’ No. 24 pick (sent to New Orleans as part of the original Holiday agreement) was folded in to make it a four-team trade when the Pels agreed to flip Denver’s ’23 pick to OKC as part of the Adams package.

As cap expert Albert Nahmad has pointed out (via Twitter), it’s an intricate, complex transaction that had to make use of a slew of CBA rules. The Pelicans, who are signing Adams to a two-year extension as part of the trade, needed to sign-and-trade Williams, Gray, and Cheatham to Oklahoma City and guarantee most or all of Miller’s $7MM salary in order to abide by salary-matching rules.

Meanwhile, Adams gets a trade bonus worth a little over $2MM as part of the deal, while the Thunder create the largest trade exception in NBA history, worth $27.5MM, per ESPN’s Bobby Marks (Twitter link).

Unfortunately, as Nahmad observes (via Twitter), Oklahoma City will likely have to use that massive TPE immediately to accommodate the acquisition of Al Horford. Still, as John Hollinger of The Athletic writes, the Thunder should come out of their series of transactions with a handful of usable trade exceptions, including one worth $15.4MM.

A full breakdown of this offseason’s trades – including the ones not yet made official – can be found right here.

Photo courtesy of USA Today Sports Images.

Williams, Gray, Cheatham Being Signed-And-Traded To Thunder In Adams Trade

November 22nd, 2020 at 7:28pm CST by Luke Adams

Kenrich Williams, Josh Gray, and Zylan Cheatham will be dealt from the Pelicans to the Thunder as part of the massive multi-team trade that will send Jrue Holiday to Milwaukee and Steven Adams to New Orleans, reports Shams Charania of The Athletic (via Twitter).

The Pelicans needed to send out a little more salary in order to accommodate the incoming contracts of Adams ($27.5MM) and Eric Bledsoe ($16.9MM). Because Williams, Gray, and Cheatham were free agents, they’ll have to be signed-and-traded to be included in the deal.

Sign-and-trade contracts must run for at least three seasons, with a fully guaranteed first year, so being included in the trade will work out well for Williams, Gray, and Cheatham, as Bobby Marks of ESPN notes (via Twitter). They would have been hard-pressed to find fully guaranteed minimum-salary contracts on the open market.

Darius Miller – who is also being sent to Oklahoma City from New Orleans – is another big winner in the swap, as he’ll have his $7MM salary guaranteed for salary-matching purposes.

With all of those players being included in the deal, Adams will no longer be required to waive his trade kicker, worth about $2MM, tweets Marks. That’ll bump the veteran center’s cap hit to about $29.6MM.

As reported by Charania, the blockbuster Holiday/Adams deal currently looks like this:

Bucks to acquire Holiday and the draft rights to Sam Merrill (No. 60 pick; from Pelicans).
Pelicans to acquire Adams, Bledsoe, the Bucks’ 2025 first-round pick (unprotected), the Bucks’ 2027 first-round pick (unprotected), and the right to swap first-round picks with the Bucks in 2024 and 2026.
Thunder to acquire George Hill, Miller, Williams, Gray, Cheatham, the Nuggets’ 2023 first-round pick (top-14 protected), the Wizards’ 2023 second-round pick (from Pelicans), and the Hornets’ 2024 second-round pick (from Pelicans).
Nuggets to acquire the draft rights to RJ Hampton (No. 24 pick; from Bucks).

It’s not clear if that’s what the trade will look like in its final form or if more pieces will be added before it becomes official.

The Bucks are taking the protections off the 2022 first-round pick they previously sent to the Cavaliers, and Cleveland is getting an extra second-round pick for Milwaukee for accommodating that change, which frees up the future first-rounders to be sent to New Orleans. That pick going to the Cavs will be Indiana’s 2025 second-rounder, per John Hollinger of The Athletic.

The Bucks/Cavaliers aspect of the deal could be completed separately, as cap expert Albert Nahmad tweets. But if it gets rolled into this trade, it would mean a fifth team joining the fray once it becomes official.

Thunder Complete Trade Sending Kelly Oubre To Warriors

November 22nd, 2020 at 2:43pm CST by Luke Adams

NOVEMBER 22, 2:43pm: Erik Horne of The Athletic confirms (via Twitter) that the Warriors’ first-round pick headed to Oklahoma City will be top-20 protected. If it doesn’t convey, per Horne, the Thunder will instead receive Minnesota’s 2021 second-round pick (along with the Nuggets’ 2021 second-rounder, which they’ll get either way).

NOVEMBER 22, 2:27pm: The trade is now official, the Thunder announced in a press release. Oubre is headed to Golden State in exchange for the Warriors’ protected 2021 first-round pick and Denver’s 2021 second-round pick, per the team.

NOVEMBER 19, 8:10pm: The Thunder and Warriors are finalizing a swap that will send Oubre to Golden State in exchange for the Warriors’ protected 2021 first-round pick, reports Wojnarowski (via Twitter). Anthony Slater of The Athletic tweets that it has top-20 protection.

The Thunder will create a trade exception worth Oubre’s $14.4MM salary, assuming they intend to remain over the cap as they complete their offseason moves.

NOVEMBER 19, 3:55pm: The Thunder are engaged in serious talks about a trade that would send Kelly Oubre to the Warriors, according to Shams Charania of The Athletic (Twitter link). The two sides are nearing an agreement, adds Adrian Wojnarowsi of ESPN (Twitter link).

It remains to be seen what the Thunder would acquire in a deal involving Oubre, but it’s a safe bet that GM Sam Presti would be looking to add at least one more future draft pick to his constantly-growing collection of them.

A deal sending Oubre to Golden State would almost certainly see the Warriors absorb his $14.4MM salary using the team’s $17.2MM trade exception. That exception allows the Dubs to acquire up to $17.2MM in salary without sending out any salary themselves.

Although a trade along these lines has long been the subject of speculation, it’s still a little surprising that the Warriors are willing to take on the increased tax bill that adding Oubre’s salary would create. As Bobby Marks of ESPN explains (via Twitter), based on current projections, Oubre would increase Golden State’s projected tax payment by about $68MM, resulting in a total increase of over $82MM after taking into account his actual salary.

The Warriors would likely get a bit of a break on that, since the NBA has said tax penalties will be reduced by the same amount that the league falls short of its revenue projection in 2020/21, but it’s still a massive commitment by the franchise.

However, Warriors ownership has exhibited a willingness to spend, and Oubre – who turns 25 next month – is a logical addition for a team that needed help on the wing even before word broke that Klay Thompson had suffered a torn Achilles.

In 2019/20, Oubre averaged a career-high 18.7 PPG in 56 games (34.5 MPG) for the Suns, chipping in 6.4 RPG and 1.3 SPG with a .453/.352/.780 shooting line. Phoenix, recognizing he wasn’t part of the team’s long-term plans, sent him to Oklahoma City in the Chris Paul blockbuster earlier this week.

Photo courtesy of USA Today Sports Images.