Sixers Rumors

2020/21 Salary Cap Preview: Philadelphia 76ers

Hoops Rumors is looking ahead at the 2020/21 salary cap situations for all 30 NBA teams. Due to the impact of the coronavirus pandemic on the NBA, it’s impossible to know yet where the cap for 2020/21 will land. Given the league’s lost revenue, we’re assuming for now that it will stay the same as the ’19/20 cap, but it’s entirely possible it will end up higher or lower than that.

No team gave the 2019 champion Raptors a more competitive series than the Sixers, who were inches away from forcing overtime in Game 7 in Toronto last spring. That knowledge helped fuel lofty expectations in Philadelphia entering the 2019/20 season, with the 76ers widely considered part of the conference’s two-team top tier alongside Milwaukee.

An up-and-down season saw the Sixers fall short of those expectations — they were 39-26 and ranked just sixth in the East entering the NBA’s hiatus. However, there was still hope that they could make noise in the playoffs, and it’ll be fascinating to see if they get that chance. After all, decisions on Brett Brown‘s future and potential roster changes may hinge in large part on whether or not the club can make a deep postseason run.

Here’s where things stand for the Sixers financially in 2020/21, as we continue our Salary Cap Preview series:

Guaranteed Salary

Player Options

  • None

Team Options

  • None

Non-Guaranteed Salary

Restricted Free Agents

  • None

Unrestricted Free Agents / Other Cap Holds

Offseason Cap Outlook

No matter where the cap lands for the 2020/21 season, the Sixers will have a tough time avoiding the luxury tax. A flat cap – with no increase – would result in a tax threshold of $132.6MM; the NBA’s $115MM cap projection called for a $139MM tax line. The 76ers already have more than $142MM in guaranteed money committed for nine players next season, and that number will only increase once the team fills out its roster.

Reducing team salary via a trade is a possibility, but there might not be many clubs looking to take on unwanted contracts this offseason. Philadelphia would have to trim a substantial amount of salary to gain access to the full mid-level exception and bi-annual exception.

Cap Exceptions Available

  • Taxpayer mid-level exception: $5,718,000 4
  • Trade exception: $1,882,867 (expires 2/8/21)

Footnotes

  1. This is a projected value. Simmons’ actual maximum salary will be 25% of the cap, unless he makes an All-NBA team, in which case it will be anywhere from 28-30% of the cap.
  2. Korkmaz’ new salary guarantee date is unknown.
  3. Pelle’s salary becomes fully guaranteed after October 22.
  4. This is a projected value.

Note: Minimum-salary and rookie-scale cap holds are based on the salary cap and could increase or decrease depending on where the cap lands.

Salary information from Basketball Insiders and Early Bird Rights was used in the creation of this post. Photo courtesy of USA Today Sports Images.

And-Ones: FIBA, Turkey, Coach K, NBA Transactions

FIBA Basketball World Cup 2023 will be held that summer from August 25 to September 10, according to a FIBA press release. The group phase of World Cup 2023 will be played in Indonesia, Japan and the Philippines, with the final phase taking place in the Philippine capital city of Manila. It will be the first time the competition has been staged in more than one country. Spain defeated Argentina in the finals of last year’s Cup, which was held in China.

We have more from around the basketball world:

  • Turkey became the latest country to cancel the remainder of its basketball season. Former NBA player Hedo Turkoglu, the basketball federation’s president, officially announced the cancellation of BSL and TBL seasons, according to Alessandro Maggi of Sportando.
  • Hall of Fame coach Mike Krzyzewski turned down numerous offers over the years to become an NBA coach, Sportando’s Nicola Lupo relays. In an interview on WIP radio, the Duke coach said he turned down the Sixers job in 2003, the Celtics in 1990 and the Lakers in 2005.
  • The Warriors’ signing of Kevin Durant, the Spurs’ draft-night acquisition on Kawhi Leonard and the Rockets’ trade for James Harden rank as the biggest and best transactions over the past decade, according to ESPN Insiders. A list of 74 major moves was compiled by ESPN’s NBA experts.

International Notes: Micic, Campazzo, EuroLeague, Italy

Vasilije Micic, whose draft rights are owned by the Sixers, believes he can become an impact player in the NBA, relays Dario Skerletic of Sportando. In an interview with 15min.lt., the Serbian point guard, who currently plays for Anadolu Efes in Turkey, said he improved this season, even though it has been placed on hold because of coronavirus concerns.

“This year I feel I climbed one or two steps higher, because this season was even more successful for me,” Micic said. “My team played even better and I was an important part of that. I don’t want to just play in the NBA. I don’t want to be proud of just an NBA record. I want to be part of an NBA team, get the chance to play. Playing in the NBA alone won’t make me happy if I can’t be significant there.

“I like to play a lot. I like to control the game. This is my style of play. I could play fewer minutes, play a smaller role, but I think that during my career in Europe I have already gained the status of a player, which shows that I could play a role longer than 20 minutes, which might be waiting for me in the NBA.”

Philadelphia selected the 26-year-old with the 52nd pick in the 2014 draft. Several NBA teams have been monitoring his situation in the event of a possible trade.

There’s more international news to pass along:

  • Recent reports indicated the Spurs and Mavericks have interest in Real Madrid guard Facundo Campazzo, but his agent, Claudio Villanueva, says they aren’t the only ones, Skerletic writes in a separate piece. “In the past two years, during the season, NBA scouts have spoken to me a thousand times,” Villanueva said. “… If the NBA does not keep an eye on one of the best, it would be crazy. But there is nothing concrete, there is nothing spoken.”
  • There’s “constrained optimism” that the EuroLeague will have an announcement on the resumption of its season before the end of the month, according to Aris Barkas of Eurohoops.net. Leagues in Germany and Israel both announced plans this week to return to action.
  • The encouraging news also extends to Italy, which was once the hardest-hit spot for COVID-19, adds Nicola Lupo of Sportando. Individual workouts resumed today for AX Armani Exchange Milano, although there are no plans in place to resume formal team activities.

Sixers Notes: Simmons, Embiid, Front Office

After an April report suggested that Sixers star Ben Simmons is expected to return from his back injury if the 2019/20 season resumes, general manager Elton Brand was asked today during a call with reporters about Simmons’ status.

According to Derek Bodner of The Athletic (Twitter link), Brand confirmed that the former No. 1 overall pick is doing “really, really well” in his recovery and that the club is optimistic about his outlook.

“It’s tough (to speculate about a timeline) because of him not playing three-on-three (or) five-on-five,” Brand said, per Keith Pompey of The Philadelphia Inquirer (all Twitter links). “… But when I FaceTime him during his workouts, during his treatment and I see him, I’d be highly encouraged that his ramp-up would be different. We took our time. We’ve been methodical and thoughtful about his recovery and rehab just to make sure, because we weren’t in a rush. It’s hard to speculate, but he’s been working hard, and I know he’d be closer or ready.”

Here’s more on Simmons and the Sixers:

  • Simmons and center Joel Embiid were permitted to use the team’s practice facility during the hiatus for rehab purposes, tweets Jeff Zillgitt of USA Today. Brand confirmed as much today, as Pompey details in a tweet of his own.
  • The Sixers lost their senior vice president of player personnel to Chicago last week when Marc Eversley was hired as the Bulls’ new general manager. Asked today about Eversley’s departure, Brand said no decision has been made yet about whether the club will directly replace the veteran executive. According to Bodner (Twitter link), Brand suggested that the 76ers are always looking for ways to improve the organization, but are happy with who they have in the front office.
  • In an article for The Athletic, Bodner poses the most pressing question facing each of the Sixers’ five original starters this season. Bodner looks at Embiid’s conditioning, Simmons’ jump shot, and also raises questions for Josh Richardson, Tobias Harris, and Al Horford.

Could Sixers' Udoka Be Candidate To Replace Bulls' Boylen?

  • In his own look at the coaching situation in Chicago, Darnell Mayberry of The Athletic reports that “minor changes” are underway with the current staff, though Boylen continues to operate as if he’ll be back. Griffin and Sixers assistant Ime Udoka could be candidates for the head coaching job if the Bulls do make a change, according to Mayberry.

How Lower Salary Cap Could Impact Sixers

  • Derek Bodner of The Athletic explores how the Sixers would be affected if the 2020/21 salary cap comes in lower than initially expected. As Bodner observes, a tighter cap would make it harder for Philadelphia to trade Al Horford or Tobias Harris if that’s an option the team wants to explore. It could also substantially increase the 76ers’ potential tax bill.

How 2020 All-NBA Picks Could Impact Contract Situations

All-NBA selections have become more important than ever in recent years, since teams can agree to increase the overall value of certain maximum-salary contracts based on whether or not a player has earned All-NBA honors in a given season.

Those higher max salaries are also available to players who win MVP or Defensive Player of the Year, but there’s only one of each of those awards per year. There are 15 All-NBA players annually, creating more opportunities for players to become eligible for those more lucrative contracts, informally known as “super-max” deals.

As we explain in our glossary entry on the “Designated Veteran Extension,” a player with between seven and nine years of NBA experience who meets certain contract criteria and hasn’t changed teams since the end of his rookie contract become eligible for a maximum salary worth 35% of the cap – instead of 30% – if he was named to an All-NBA team in the most recent season, or in two of the last three seasons.

Similar incentives are available for players coming off their rookie scale contracts, as noted in our glossary entry on the “Derrick Rose Rule.” Those players can earn max deals worth up to 30% of the cap instead of 25% if they were named to an All-NBA team in the most recent season, or in two of the last three seasons.

The differences between the various levels of maximum salaries can be substantial over the course of a long-term contract. For instance, in 2019/20, a five-year max contract that starts at 25% of the cap and includes 8% annual raises is worth just over $158MM. By comparison, a five-year deal that starts at 35% of the cap with 8% annual raises is worth over $221MM. A five-year contract at the 30% max falls in between, at about $190MM.

We don’t know yet what this year’s All-NBA teams will look like – or even when voting will take place – but as our informal polls last week showed, there are a number of candidates whose future earnings could be affected by whether or not they earn one of those 15 spots.

Let’s take a closer look at some of those players…

Players who have already qualified for super-max contracts:

Antetokounmpo and Gobert didn’t even need to rely on All-NBA spots to qualify for super-max contracts — Giannis’ MVP award last year and Gobert’s back-to-back Defensive Player of the Year awards in 2018 and 2019 secured their eligibility.

Because both players only had six years of experience entering the 2019/20 season, they had to wait one more year to be eligible to actually receive super-max extension offers, which would be worth 35% of the cap instead of 30%.

Antetokounmpo is a lock to receive such an offer from the Bucks, who have publicly said they’ll put it on the table as soon as they can. That was supposed to happen this July, but the NBA’s hiatus has thrown that timeline into flux. Whenever Milwaukee makes its offer, it would be for a five-year extension that would start in 2021/22 and be worth 35% of that season’s cap.

Gobert’s outlook is cloudier. He could also sign a five-year, 35% max-salary extension that would start in 2021/22, but he’s not at the same level of superstardom that Giannis is, so it remains to be seen how aggressive the Jazz will actually be in attempting to lock him up beyond next season.

Players whose already-signed rookie extensions would be impacted by an All-NBA selection:

Siakam and Simmons signed maximum-salary rookie scale extensions with their respective teams last fall. Both contracts will go into effect in 2020/21 and both include Rose Rule language, meaning they’ll be among the players closely monitoring this year’s All-NBA results.

In our series of polls, Siakam earned a spot on the All-NBA Second Team. However, I think there’s a real possibility he could end up on the Third Team. Antetokounmpo, LeBron James, and Kawhi Leonard will likely receive more votes than Siakam. Anthony Davis will place higher than Siakam too if voters consider him a forward. And even if Davis is listed as a center, Jayson Tatum is among those who should give Siakam a strong push for that Second Team forward spot.

While Siakam might be satisfied to end up on any All-NBA team, a spot on the Second Team would be far more satisfying from a financial perspective. His deal calls for a starting salary worth 28% of the cap if he earns All-NBA Second Team honors, but just 25% if he makes the Third Team.

As we outlined in the fall, that difference would have been worth nearly $16MM over four years based on a $116MM cap. The cap is no longer expected to get that high, but even so, missing out on a Second Team spot would cost Siakam millions.

As for Simmons, he wasn’t one of the 15 players voted to an All-NBA team by Hoops Rumors readers, but he looks to me like a viable candidate for the Third Team. If he makes the Third Team, his starting salary would be 28% of next year’s cap, rather than the 25% he’d get if he doesn’t make an All-NBA squad. Those three percentage points would impact Simmons even more than they would Siakam over the life of their contracts, since Simmons’ five-year deal runs for an extra season and the amount of the annual raises are based on the starting salary.

Nuggets guard Jamal Murray also signed a rookie scale extension with Rose Rule language, but isn’t a realistic candidate for an All-NBA nod.

Players whose next contract could be impacted by an All-NBA selection this season:

If Embiid – who was voted onto Hoops Rumors’ All-NBA Third Team – earns an All-NBA spot this season after doing so last year, he’d be in the same position heading into 2020/21 that Antetokounmpo and Gobert were entering 2019 — he’d have qualified for a super-max extension, but wouldn’t yet be eligible to sign one.

Once the 2021/22 league year begins, Embiid would have seven years of NBA experience, with All-NBA nods in at least two of the last three years, making him eligible to sign a four-year super-max extension that would begin in 2023/24, with a starting salary worth 35% of the cap. Even if Embiid doesn’t make an All-NBA team this season, doing so next year would still make him eligible for that same deal.

As for Ingram, he’s a long shot to be named to an All-NBA team, but in the unlikely event that he is, he’d be eligible to sign for a starting salary of up to 30% of the cap on a new free agent contract with the Pelicans. No other team looking to sign him to an offer sheet could exceed 25% of the cap in that scenario.

Other players to start monitoring if they earn All-NBA honors this season:

These players fall into a few separate sub-categories. Jokic and Booker, for instance, are in their fifth seasons and on their second NBA contracts. An All-NBA spot – which is far likelier for Jokic – would be a good start toward earning super-max eligibility, but they’d still have to make another All-NBA team in either 2021 or 2022 to become eligible to sign a Designated Veteran Extension in 2022.

Doncic, an All-NBA lock, and Young, a lesser candidate, are only in their second NBA seasons. If they were to make All-NBA teams this year and next, they’d be eligible to sign rookie scale extensions with starting salaries worth up to 30% of the cap during the 2021 offseason. Those deals would go into effect in 2022/23.

Adebayo, Mitchell, and Tatum are all in their third seasons and will be extension-eligible during the 2020 offseason. Earning an All-NBA spot this year actually wouldn’t do much for their Rose Rule eligibility — they’d still have to do it again in 2021 to qualify, since the criteria calls for an All-NBA berth in either the season before the new contract begins or in two of the three prior seasons.

Still, earning All-NBA honors this year would give those three players additional leverage to negotiate Rose Rule language into their potential rookie scale extensions, which would go into effect in 2021/22.

Strong All-NBA candidates who are notably ineligible for super-max contracts:

Beal was in position to qualify for a super-max extension if he had earned All-NBA honors this season, but the short-term contract extension he signed last October eliminated that possibility. By the time that extension expires, he’ll have 10 years of NBA experience and will be eligible for the 35% max anyway.

Davis has the right amount of NBA experience to gain eligibility and should be an All-NBA lock, but the fact that he changed teams last summer ensures he’ll no longer qualify for a Designated Veteran Contract this offseason — he missed out on the possibility of the super-max as soon as he left the Pelicans.

Various other All-NBA candidates won’t meet the super-max criteria for various reasons. Some, like James Harden, are already on a super-max contract. Others, such as LeBron James, already have 10+ years of experience and can’t qualify for a higher max than the 35% they already get. Recently changing teams (ie. Jimmy Butler) or signing new long-term deals (ie. Khris Middleton) also remove certain players from super-max contention.

Photos courtesy of USA Today Sports Images.

Bulls To Hire Sixers’ Marc Eversley As GM

Two weeks after formally hiring Arturas Karnisovas as their new executive VP of basketball operations, the Bulls have chosen a general manager who will work with Karnisovas in their new-look front office. The club is hiring Sixers senior VP of player personnel Marc Eversley to fill that GM role, reports ESPN’s Adrian Wojnarowski.

Eversley was one of several candidates to interview for the general manager position following Chicago’s hiring of Karnisovas and the team’s dismissal of longtime GM Gar Forman. Matt Lloyd (Magic), Mark Hughes (Clippers), and Michael Finley (Mavericks) were among the other executives known to have spoken to the Bulls about the job.

Before reaching a deal late on Sunday night to join the Bulls, Eversley worked in the 76ers’ front office since 2016, when he was hired by the club’s former head of basketball operations, Bryan Colangelo. Eversley, a Canadian, also previous worked under Colangelo in the Raptors’ front office, with a stint as a Wizards exec in between. Prior to his time in NBA team front offices, he spent a decade working at Nike, per Wojnarowski.

This was at least the second time Eversley had interviewed for a GM job, having lost out to Mitch Kupchak on the Hornets’ position in 2018. He was also believed to be a candidate to replace Colangelo as Philadelphia’s head of basketball operations that year, but Elton Brand ultimately took over GM duties.

As Keith Pompey of The Philadelphia Inquirer details, Eversley was largely responsible for the Sixers zeroing in on Matisse Thybulle in last year’s draft and was also the first to recognize DeMar DeRozan‘s talent during his time in Toronto’s scouting department.

After the Bulls faced some criticism for a lack of diversity in their search for a head of basketball operations, Eversley will become the first black GM in team history, as Wojnarowski notes.

While Karnisovas and Eversley figure to run the show in Chicago’s revamped front office, the team is making additional changes. As previously reported, J.J. Polk and Pat Connelly are coming aboard in key roles — Woj suggests they’ll hold the titles of assistant GM and VP of player personnel, respectively. Meanwhile, K.C. Johnson of NBC Sports Chicago says that more hires are likely coming, singling out Nazr Mohammed as one executive who interviewed for an “unspecified role.”

Ben Simmons Expected To Return If Season Resumes

Sixers guard Ben Simmons is expected to be ready to go if and when the 2019/20 season resumes, sources tell ESPN’s Jackie MacMullan.

When the NBA suspended its season last month, Simmons had been sidelined indefinitely due to a a nerve impingement in his back. On March 11, hours before word of Rudy Gobert‘s positive coronavirus test broke, the 76ers had announced that Simmons would be re-evaluated in three weeks. Now, nearly six weeks later, the team sounds pleased with the progress the former No. 1 pick has made in his recovery.

“If the season resumes,” a Sixers source told ESPN, “we’re expecting to have him.”

As MacMullan details, Philadelphia’s plan all along was to bring Simmons back for a handful of games at the end of the regular season so that he’d be ready to go for the playoffs. That plan was disrupted by the NBA’s stoppage, particularly since Simmons was required to self-quarantine for 14 days last month. However, he has been permitted to visit the club’s training facility for treatment since then, and has ramped up his rehab in recent weeks, per MacMullan.

“He’s feeling strong,” a member of Simmons’ camp told ESPN. “The original restrictions were very limiting, but all of them have been removed. He would probably need another scan, so the doctors could officially clear him, but there’s been no setbacks. He’s dying to get out there.”

Although the NBA’s hiatus could put Simmons in a better position to contribute to a Sixers postseason run, it may also adversely affect his future earnings. The All-Star guard, who signed a five-year extension last offseason, is set to receive a raise to the maximum salary beginning next season. But the exact value of the deal will depend on where the salary cap lands, and lost revenue from the stoppage will limit the league’s ability to substantially increase its cap.

Former Sixer Redick Endorses Brett Brown

  • Appearing on The Sixers Beat podcast with Derek Bodner and Rich Hofmann of The Athletic, former Sixers sharpshooter J.J. Redick said he doesn’t believe head coach Brett Brown should be made the scapegoat for any issues in Philadelphia (audio clip). “I would love to play for Brett again,” Redick said. “I don’t think Brett is the problem, if there’s a problem. Sometimes things maybe just don’t work.”