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Contract, Roster Deadlines Loom For NBA Teams

October 21st, 2024 at 7:40am CST by Luke Adams

We’re one day away from the start of the NBA’s 2024/25 regular season, making Monday the last day of the 2024 offseason. Today serves as the deadline for a number of contract- and roster-related decisions around the league. Here are the most important ones:

Rookie Scale Extensions

A total of 24 players entered the offseason eligible for rookie scale extensions.

Four of those players – Scottie Barnes, Cade Cunningham, Evan Mobley, and Franz Wagner – have already signed new deals, and a fifth (Moses Moody) has agreed to an extension that will be officially completed today.

That leaves the following 19 players eligible to sign rookie scale extensions on Monday:

The majority of these guys won’t sign new deals until the 2025 offseason, when they’re eligible for restricted free agency. But it would be a surprise if at least a couple more players from this list don’t finalize rookie scale extensions today.

Giddey, Green, Johnson, Kuminga, Murphy, Sengun, and Suggs are among the notable names in this group, but finding a price point that works for them and their respective teams may be a challenge. Some of the role players on this list who are willing to settle for more modest deals might also agree to terms today — Grimes is said to be a prime candidate for a new deal, for instance.

The deadline for rookie scale extensions is at 5:00 pm Central time.

Certain Veteran Contract Extensions

A veteran player who signed his current contract at least two years ago (or three years ago if it was a five-year deal) is eligible to sign an extension. That means many veterans around the NBA are eligible to sign contract extensions today, but that number will significantly drop as of tomorrow.

Once the regular season begins, only veterans in the final year of their contracts can sign extensions — a player who has multiple years remaining is no longer extension-eligible until the following offseason.

[RELATED: Hoops Rumors Glossary: Veteran Contract Extension]

Let’s use the Hawks as an example. Trae Young, Clint Capela, Larry Nance Jr., and Garrison Mathews are all eligible for veteran extensions right now, but Capela, Nance, and Mathews are on expiring deals, whereas Young is not. That means Capela, Nance, and Mathews will be able to sign extensions anytime between now and June 30, 2025, but Young’s eligibility window will close after Monday and won’t reopen until next July.

An extension-eligible veteran who has a player option for 2025/26 could still sign a new deal later in the ’24/25 league year, but he’d have to eliminate that option to do so. Picking up the option would make him ineligible to complete an extension between Tuesday and the start of the ’25/26 league year, since it would turn his contract into a multiyear deal, not an expiring one.

With the help of information from Bobby Marks of ESPN (Insider link), here are the 24 players who have a Monday deadline to sign a veteran extension if they want to lock in a new deal before next July:

A few of these players who are prime candidates for extensions aren’t expected to sign this year because they would qualify for more years and more money if they wait until next offseason.

That group includes Bridges, who continues to face extend-and-trade limitations due to his recent move to the Knicks, and Fox, who would become eligible for a super-max (Designated Veteran) extension if he makes an All-NBA team in 2025. It also includes Doncic and Gilgeous-Alexander, who have already met the performance criteria for super-max deals but won’t have enough years of service to sign them until after the 2024/25 season.

The deadline for veteran extensions for players on non-expiring contracts is at 10:59 pm CT tonight.

Regular Season Rosters

Nearly every NBA team finalized its roster cuts on Saturday for financial reasons, as we explained over the weekend. However, today is the official deadline to reduce offseason rosters to the regular season limit of 15 players on standard contracts (plus three on two-way contracts).

While there will could very well be some additional roster shuffling today as teams tweak their back-end roster spots or fill two-way openings, only one team – the Timberwolves – absolutely has to make a move, as we detailed on Sunday. Minnesota’s transaction appears likely to involve Keita Bates-Diop, though that’s not set in stone yet.

That roster move is due by 4:00 pm CT.

The final day of the offseason is also the last day for teams to convert Exhibit 10 contracts into two-way deals, but there are no candidates left after Kai Jones, Quincy Olivari, Liam Robbins, Yuki Kawamura, Mac McClung, Jamison Battle, Riley Minix, Tyrese Martin, E.J. Liddell, and Jazian Gortman were all converted on either Friday or Saturday.

The only player still on an Exhibit 10 deal is Bulls guard Talen Horton-Tucker, and he has too many years of NBA service to qualify for a two-way. The expectation is that Horton-Tucker will make Chicago’s standard opening night roster, meaning his Exhibit 10 contract will turn into a one-year, non-guaranteed deal and will begin counting against the salary cap.

Finally, Monday is the last day for a free agent to be signed-and-traded during the 2024/25 league year. However, there have been no indications that any sign-and-trades are in the works.

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New York Notes: Achiuwa, McBride, Hart, Johnson, Hayes

October 20th, 2024 at 9:55pm CST by Dana Gauruder

Precious Achiuwa struck an optimistic tone regarding his hamstring injury. In a video posted by New York Basketball (Twitter link), the Knicks big man called it a “minor setback.”

“We’ll get back better, stronger. It’s just a minor setback,” he said. “We still have the same agenda. Gonna come back a lot stronger…We have a goal to accomplish this year.”

Achiuwa has a left hamstring strain and will be reevaluated in two-to-four weeks.

We have more on the New York teams:

  • Miles McBride and Achiuwa are the logical alternatives for the starting five if the Knicks choose to make Josh Hart a sixth man, according to Peter Botte of the New York Post. With Achiuwa injured, the Knicks could temporarily pivot to Jericho Sims if they want to utilize a bigger starting lineup. Hart expressed some uncertainty at the end of the preseason about his role in New York’s new-look lineup.
  • Cameron Johnson, who is entering the second year of a four-year, $94MM contract, is a logical trade candidate. Johnson has tried to put that possibility out of his mind as the season opener looms, the Nets forward told Zach Braziller of the New York Post. “I’ve been able to feel comfortable in what’s going on,” he said. “And even with the uncertainty, it’s not like an uncertainty where I don’t think that our staff here, our front office here, has a lack of trust in me. So I feel confident in this group. I feel confident going forward. And I’m going to compete for this team. And it’s not even on my mind, really.”
  • The Nets waived Killian Hayes on Saturday but he’ll stay with the organization, at least in the short term, Botte adds. Hayes, who didn’t appear in any preseason games due to a hip injury, will rehab with the team’s G League affiliate, the Long Island Nets. He is expected to play for them after he clears waivers.
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And-Ones: M. Williams, Rookies, International Prospects, G League Trade

October 20th, 2024 at 7:06pm CST by Dana Gauruder

Monty Williams will be a head coach after all this season, just not in the pro or college ranks.

Williams has accepted the head coaching job at TMI Episcopal prep school in San Antonio, where he will coach his son Elijah, NBA insider Chris Haynes tweets. The Pistons fired Williams in June just one season after he signed a six-year, $78.5MM contract.

Williams is replacing former NBA forward Bruce Bowen at the San Antonio prep school, Haynes adds in another tweet.

We have more from around the basketball world:

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Jalen Johnson Not Trending Toward Extension?

October 20th, 2024 at 5:21pm CST by Dana Gauruder

Jalen Johnson and the Hawks are not yet trending toward a rookie scale contract extension, Marc Stein reports in his latest Substack post.

Johnson is one of a handful of prominent players from the 2021 draft who has not signed an extension. In a Front Office column earlier this month, our Luke Adams ranked Johnson No. 1 among a group of nine players who are legitimate candidates for a rookie scale extension.

Another source informed Stein that Johnson has stood out during the Hawks’ training camp and the preseason. Johnson, the No. 20 pick in 2021, averaged 16.0 points, 8.7 rebounds and 3.6 assists in his breakout 2023/24 campaign while appearing in 56 games (52 starts).

Rookie scale extensions must be reached by Monday at 6 p.m. ET. Otherwise, those players will be restricted free agents next summer.

Here’s more from Stein:

  • As he reported over the weekend, Quentin Grimes is a prime candidate for an extension, according to Stein, who says the Mavericks and Grimes, who was acquired from the Pistons during the offseason, are discussing a three-year deal.
  • Trey Murphy III and the Pelicans are also in active extension negotiations ahead of Monday’s deadline, league sources tell Stein. Murphy will miss the early portion of this season with a hamstring injury but has been highly productive when healthy. The five-year, $135MM extension signed in October 2023 by San Antonio’s Devin Vassell is a potential comparable for Murphy, Stein notes.
  • Reiterating a tweet from Saturday, Stein says the Magic’ Jalen Suggs is seeking a deal with an average annual value of at least $30MM.
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Nuggets Notes: Murray, Jokic, Gordon, Saric, Watson

October 20th, 2024 at 4:50pm CST by Alex Kirschenbaum

If they have any hope of winning their second title in three seasons, the 2o24/25 Nuggets need star point guard Jamal Murray to be the best version of himself, opines Troy Renck of The Denver Post.

Even though Murray has battled injuries in recent years and submitted an underwhelming performance for Team Canada in the 2024 Olympics, Denver moved forward on a four-year, maximum-salary contract extension with him during the offseason.

Murray was highly effective in his 59 healthy games last season, averaging 21.2 points, 6.5 assists, 4.1 rebounds, and 1.0 steal per contest.

With Murray, three-time MVP center Nikola Jokic, and forward Michael Porter Jr. all signed to maximum deals — and power forward Aaron Gordon likely in line for a raise on a potential extension — the Nuggets may be locked into their current core for a while.

There’s more out of Denver:

  • Far beyond the purview of the Nuggets’ fanbase in Denver, Nikola Jokic‘s greatness has reached international superstar levels, writes Bennett Durando of The Denver Nuggets. The 6’11” big man’s superstardom was on display during a pair of recent preseason games in Abu Dhabi, when he was very much the star of the show.
  • New veteran Nuggets big man signing Dario Saric is already impressing teammate Aaron Gordon, per DNVR Sports (YouTube video link).“So excited to play with Dario,” Gordon said. “He’s a hell of a talent, so versatile. [He] does multiple things on the floor — can pass the ball, can shoot the ball, can score, can defend, can play big, can play small… I don’t think you guys understand how big of an impact that he will have on this team, playing that backup center, playing that backup four.”
  • Still dealing with a hamstring strain, intriguing young Nuggets reserve swingman Peyton Watson was able to fully partake in team practice Sunday for the first time in five weeks, reports Durando in another article. “We’ll see how that injury and how that muscle reacts to what he did today,” head coach Michael Malone said following the practice. “Because tomorrow, the hope is to introduce some more things offensively. … I want to blow it out tomorrow. We’ll be on the main court, which will be nice to finally get on the main court and play, maybe, three or four 12-minute quarters. And the hope is that Peyton feels good enough to be able to get through at least some of those (quarters) tomorrow.”
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Sixers Notes: Martin, Star Trio, Arena

October 20th, 2024 at 3:09pm CST by Alex Kirschenbaum

One of the most underrated Sixers free agent additions of the summer was versatile three-and-D combo forward Caleb Martin. The veteran wing may not be a marquee name like nine-time All-Star Paul George, but he’s eager to prove his mettle as a multifaceted role player, writes Keith Pompey of The Philadelphia Inquirer.

Pompey notes that Martin could prove to be a crucial “glue guy” for the club as it seeks its first title in 42 seasons. Martin expressed enthusiasm about taking on a complementary role.

“That’s how you fit in,” Martin said. “That’s how you complete the pieces of the puzzle. If everybody’s got the same agenda, averaging 20 points, playing the most minutes, getting up the most shots, that’s not how you complete a team.”

Although he’s just 6’5″, the 29-year-old is projected to serve as Philadelphia’s starting power forward, as he did during much of his tenure with the Heat. Martin was a key member of Miami’s charmed 2023 playoff run, which saw the club reach the NBA Finals.

During his final season in Miami in 2023/24, Martin averaged a career-best 10.0 points per game on .431/.349/.778 shooting splits, along with 4.4 rebounds and 2.2 assists per contest. He inked a four-year, $35MM deal with the Sixers this summer.

There’s more out of Philadelphia:

  • Health will be paramount for the Sixers’ new “Big Three” of All-NBA center Joel Embiid, George, and All-Star point guard Tyrese Maxey, Pompey writes in another Inquirer story. Maxey exited Friday’s preseason finale against the Magic after bruising his right thumb, but that was viewed as a precautionary decision. George is dealing with a hyperextended knee and is questionable to play in the team’s regular season opener Wednesday. Embiid hasn’t scrimmaged with the team or played a single game during the preseason as the 2023 MVP looks to manage his health with an eye towards playoff glory. Pompey notes that Philadelphia plans to exercise caution with the 34-year-old George in addition to Embiid.
  • Critics of the Sixers’ impending new arena in downtown Philadelphia have asked who will truly benefit from the building’s construction, according to Jeff Gammage, Sean Collins Walsh, and Anna Orsol of The Philadelphia Inquirer. While $50MM from team ownership has been allocated for the community, those critics question just how that money will be doled out. “We still have negotiations to do, and working with the development team and administration to make sure those changes that we believe are necessary will be put into either the legislation or the [agreement for the new arena,” city councilman Mark Squilla said.
  • In case you missed it, Philadelphia waived four players ahead of the start of the regular season.
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Knicks’ Achiuwa Strains Hamstring, Will Be Reassessed in 2-4 Weeks

October 20th, 2024 at 1:04pm CST by Alex Kirschenbaum

Knicks forward/center Precious Achiuwa has strained his left hamstring and will be sidelined for at least the next two-to-four weeks, New York has announced (Twitter link). At that point, the 6’8″ big man will have the injury reevalauted.

It’s a big blow for New York’s frontcourt depth, compounding the health issues the team was already facing in that department to kick off its 2024/25 season. New York is already expecting to be without center Mitchell Robinson until at least January.

Losing Robinson and now Achiuwa means the Knicks will have to lean on deeper-bench options behind All-Star big man Karl-Anthony Towns, with Jericho Sims seemingly the likeliest player to benefit from a major minutes uptick. Seven-foot rookie center Ariel Hukporti, the No. 58 pick in this year’s draft, could conceivably even get a look. Forwards such as OG Anunoby could also see action at the five in smaller lineups.

As James L. Edwards of The Athletic notes (via Twitter), the Knicks’ bench will be exceedingly green to start the year. Only three of the team’s healthy reserves have prior NBA playing experience.

New York first acquired Achiuwa as part of its trade for Anunoby midway through 2023/24. He proved his mettle as a talented two-way presence in the paint for a 50-win Knicks squad. Across his 49 contests with the team (18 starts), Achiuwa posted solid averages of 7.6 PPG, 7.2 RPG, 1.1 APG, 1.1 BPG and 0.6 SPG.

The Memphis alum earned a one-year, $6MM deal to stick with New York as a free agent this summer.

New York’s starting unit of Towns, Anunoby, All-NBA point guard Jalen Brunson, three-and-D shooting guard Josh Hart, and newly acquired All-Defensive forward Mikal Bridges is shaping up to be one of the most fearsome in the entire league. With health-related challenges emerging early on, it remains to be seen how head coach Tom Thibodeau will balance a desire to lean heavily on his starters for early wins with the team’s bigger postseason aspirations.

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Celtics Notes: Walker, Walsh, Scheierman, Potential Buyers

October 20th, 2024 at 11:58am CST by Arthur Hill

Lonnie Walker IV didn’t survive the Celtics‘ final cuts, but the decision to part with him clearly wasn’t an easy one, writes Souichi Terada of MassLive. Walker faced long odds to earn a roster spot with an organization operating under the second apron, and his teammates were impressed by his effort during his time in Boston.

“I love Lonnie,” Luke Kornet said. “He’s a great player, honestly. His energy and his joy and passion and connection just he mainly possesses I think was awesome. I never had the opportunity to know him closely until these past few weeks, and he’s been great to have around and honestly a joy to play with and a joy to work with.”

Walker appeared in four preseason games, averaging 7.3 points, 2.5 assists and 1.5 rebounds, and gave the Celtics a look at how he fits with the rest of the roster in case they consider bringing him back later. The price for keeping the 25-year-old free agent would have been around $11MM with tax penalties figured in, so management opted for the flexibility of having an open roster spot.

“He’s had a great approach,” coach Joe Mazzulla told Adam Himmelsbach of The Boston Globe. “A guy that’s been around the league a long time and has seen different environments. Came in with his head down and just wanted to work and wanted to have an understanding of what it’s like, what it is to play our style of basketball on both ends of the floor. I thought he did a good job of executing that in the time that he had. I thought he did a great job being patient and executing the role we needed him to. And I thought he did a good job in the film room trying to get to the understanding of our system on both ends of the floor.”

There’s more from Boston:

  • Jordan Walsh is looking for an expanded role in his second NBA season, Himmelsbach adds in a separate story. Walsh has noticed more trust from his teammates since training camp began. “Trying to gain the respect of my teammates definitely boosted my confidence a lot more,” he said. “Now [Payton Pritchard] is passing it to me a little bit more, [Jayson Tatum] is giving me advice, passing to me a little more. So all those things made me feel like I’m really a part of this team and I can help. Those guys believe it, and I believe it.”
  • Sam Hauser doesn’t want Baylor Scheierman to get discouraged by a rough preseason, Terada states in another MassLive story. The first-round pick shot just 16.7% from the field and 17.6% from three-point range while averaging 3.0 points, 1.8 rebounds and 0.6 assists per night. “Those five games were his first NBA experience,” Hauser said. “It’s hard to really have expectations on anybody in that situation. That’s a tough spot to be in. I’m sure for himself he has high expectations. I try to remember my first preseason — I don’t think I played that well. So I keep trying to tell him to stay aggressive, keep shooting.”
  • Two more potential buyers for the Celtics have emerged, according to Michael Silverman and Shelly Leung of The Boston Globe. Robert Hale, who’s already a limited partner in the team, said he has “keen interest” in becoming majority owner, and Mark Bezos, founding partner of HighPost Capital private equity group and half-brother of Amazon founder Jeff Bezos, is considering a bid as well, a source tells the authors.
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Southeast Notes: Daniels, Banchero, Burks, Salaun

October 20th, 2024 at 10:41am CST by Arthur Hill

Hawks guard Dyson Daniels welcomed a fresh start to his NBA career after being traded from New Orleans this summer, writes Lauren L. Williams of The Atlanta Journal-Constitution. Daniels was selected with the eighth pick in the 2022 draft, but he wasn’t satisfied with the progress he made during his two seasons with the Pelicans.

“I think I feel like in New Orleans, I was kind of bottled up a little bit, and it was hard to try to find myself and find whatever I wanted to do,” Daniels said. “I was so focused on basketball, making sure I’m there every time, I’m giving 100% that I was, I was kind of tense and not relaxed. It was always stressful. So just to be able to get out of there, have a new beginning in Atlanta, new team. I love the coaching staff. Love everyone here. Great city, great food, great people here. So, I’ve really enjoyed the move so far.”

Daniels mainly came off the bench in New Orleans, but he started all four preseason games he played with the Hawks and appears to be a good fit alongside Trae Young. He averaged 10.8 points, 4.3 rebounds and 2.8 assists and connected at 38.1% from three-point range after shooting just 31.2% from beyond the arc with the Pelicans. Although it was an encouraging performance, Daniels is happy that the preseason is finally over.

“I’m ready for the season, now,” he said. “I hate the build-up. I hate preseason. I hate all that stuff. I just like playing games. So I’m ready to step foot on the floor and have an impact, be out there picking up full-court defense, playing off Trae, knocking down shots, getting to the rim, just being that kind of that all guy. Trae’s gonna get a lot of attention. So it’s about running the ball, making the right reads, right decisions coming up, slipping out screens, setting good screens. But I’m just looking forward to playing a basketball game, so it’s gonna be fun.”

There’s more from the Southeast Division:

  • Coming off an All-Star season, Magic forward Paolo Banchero might be ready to reach new heights, per Jason Beede of The Orlando Sentinel. Head coach Jamahl Mosley talked about the “poise” that Banchero has displayed since camp opened, and the third-year forward agreed he’s approaching the game differently. “It’s just a certain level of comfort,” Banchero said. “After my second year, especially playing in the playoffs, it just showed me a different way that I can be effective. Combining my first two seasons and just looking back, watching so much tape over the summer, I played a lot on the ball my first two years and I learned that if I’m able to mix up playing on and off the ball — screening, flashing, posting up and just trying to not just give the defense one dose of something, just try to mix it up, pick my spots, and be a little more strategic with my approach — it makes the game a little easier.”
  • Changing teams is a routine experience for veteran swingman Alec Burks, who joined his eighth NBA club when he signed with the Heat this summer, notes Ira Winderman of The Sun Sentinel. Winderman adds that Burks became a priority for Miami after losing Caleb Martin in free agency. “The way they develop their guys, no matter their age, no matter the years, they just make everybody better,” Burks said in explaining why he joined the Heat. “I think that’s what I’ve learned so far, is their development of any type of player.”
  • Roderick Boone of The Charlotte Observer examines rookie Tidjane Salaun‘s chances of earning a spot in the Hornets‘ rotation.
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Central Notes: Trent, Sheppard, Giddey, Bulls

October 20th, 2024 at 9:22am CST by Arthur Hill

Gary Trent Jr. probably could have gotten a better offer elsewhere, but he chose to sign a veteran’s minimum contract with the Bucks for the chance to win a title. In an interview with Grant Afseth of Sportskeeda, Trent talked about what attracted him to Milwaukee and indicated that he hopes this season will be the start of an extended future in the city.

“It’s a great opportunity. I’m 25, and I still have years left to grow,” Trent said. “This is a great place to find a home base and be part of something long-term. It’s an excellent organization with great players, a solid front office, and good energy, so it’s been great so far.”

Trent took a severe pay cut for his seventh NBA season, playing for about $2.6MM after coming off a three-year, $51.8MM contract in Toronto. The Bucks reportedly made a strong recruiting pitch after losing Malik Beasley in free agency, and Trent is excited about the chance to team up with Giannis Antetokounmpo and Damian Lillard.

“I get to play with two players who are in the top 75 in NBA history,” Trent said. “Their approach to the game every night can only uplift everybody around them and put a certain focus on their mindset. It’s about rolling with that and figuring it out together.”

There’s more from the Central Division:

  • Ben Sheppard was a valuable member of the Pacers‘ second unit last season, but it won’t be easy to earn the same level of playing time in a crowded rotation, writes Dustin Dopirak of The Indianapolis Star. Bennedict Mathurin will soak up a lot of the bench minutes as he returns from injury, and Sheppard will be competing for time at the wing spots with Mathurin and Jarace Walker, two high lottery picks. “I just say every chance I get to step on the floor I’m just trying to showcase the player that I am,” Sheppard said. “I’m just a team player, a high IQ player that just plays the right way. I feel like every time I go out there, I don’t need to do anything outside of my skill set.”
  • There’s still a gap between the Bulls and Josh Giddey as Monday’s deadline for rookie scale extensions nears, according to K.C. Johnson of the Chicago Sports Network (Twitter link). Johnson notes that the team’s recent practice has been to let the final year play out and re-sign players as restricted free agents, as it did with Coby White and Patrick Williams.
  • Strong performances from White and Zach LaVine, along with an encouraging return by Lonzo Ball, give the Bulls reasons for optimism, Julia Poe of The Chicago Tribune notes in a recap of the preseason. However, there are concerns about Williams, who had to leave two preseason games with wrist and ankle injuries.
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