When the Pelicans converted Matt Ryan from his two-way deal to a standard contract on the day before their regular season finale, they used their mid-level exception to sign him to a three-year deal that paid him $1.5MM in guaranteed money for the final two days of this season, tweets Michael Scotto of HoopsHype.
In exchange for that substantial end-of-season payday, Ryan gave the Pelicans two additional years of low-cost control — he’s under contract for a non-guaranteed minimum salary ($2,196,970) in 2024/25, with a non-guaranteed minimum-salary team option ($2,381,501) for ’25/26.
Ryan’s salary for ’24/25 would become guaranteed if he remains under contract through the start of the regular season, but there are no trigger dates before that point, so New Orleans won’t necessarily need to make a decision on him until the fall.
Here’s more from around the Southwest:
- Grizzlies guard Ja Morant is now being represented by Lift Management, according to a tweet from the agency. Morant reportedly parted ways with longtime agent Jim Tanner earlier this spring. The two-time All-Star has seen his stock drop following multiple suspensions for his off-court behavior, along with a shoulder injury that cost him nearly all of the 2023/24 season, but his maximum-salary contract runs for four more seasons.
- Damichael Cole of The Memphis Commercial Appeal takes a look at what the Grizzlies want to see from their young players this summer, including projected Summer League participants like GG Jackson and Scotty Pippen Jr. As Cole observes, it’ll also a big offseason for Jake LaRavia, who will be entering his third NBA season, but it’s rare for former first-round picks to return for a third year of Summer League.
- With center Daniel Gafford listed as questionable for Game 3 vs. the Clippers on Friday due to back spasms, the Mavericks could be forced to make a change to their starting lineup, writes Mike Curtis of The Dallas Morning News (subscription required). Dereck Lively would likely be the top candidate to move into the starting five, though Maxi Kleber – who has averaged 27.0 minutes per game so far in the series – would also play a major role. Dwight Powell and Markieff Morris are also in the mix as depth options.