Caleb Martin

Heat Notes: Martin, Butler, Rozier, Jaquez, Ware

Sixers forward Caleb Martin said his return to Miami has been “bittersweet, for sure,” per Anthony Chiang of The Miami Herald. Martin has been in Miami since the weekend as the 76ers had a couple days off before facing Miami on Monday. The 29-year-old spent the past three seasons with the Heat before signing a four-year, $35MM+ deal with Philadelphia as a free agent over the offseason.

Obviously, I had a lot of great memories here, unforgettable memories,” Martin said. “I still got lifelong relationships that I still have with guys. This is my second home.”

As Chiang writes, Martin confirmed previous reporting that he declined an extension offer from Miami that was contingent upon him picking up his 2024/25 player option worth $7.1MM. Martin would have received an additional $58MM over four years on top of that option, putting the total value at $65MM over five years.

The tricky part was the timing — Martin had to make a decision on picking up his option by June 29, the day before free agents could negotiate with rival teams. His representation thought he could get more money in free agency, which didn’t materialize. But he doesn’t fault his agent for how things played out.

Nobody has a crystal ball,” Martin said. “At the end of the day, nothing gets approved without me giving the OK, ultimately. That’s stuff that you live and you learn. Obviously, it hurts because of all the memories and everything that comes with this and there’s obviously money left on the table. But I think there are also other aspects of the decision and how things shook out that was a good thing, and that I might have had to move on.”

Martin, who was undrafted in 2019 and was released by Charlotte before catching on with the Heat on a two-way deal three years ago, said he tries to keep things in perspective, since he still signed the most lucrative contract of his career.

I’m very fortunate to be where I’m at and still have another guaranteed four years in this league, which is hard,” said Martin. “Coming from where I come from, if you would have told me I had a guaranteed nine years in the league, I would have never believed you. Regardless, I’m blessed. I’m very blessed to still be competing at a high level.

“I do feel like I’m in a very good spot. I feel like I would have been in a good place regardless. I would have loved to have come back and made that work, as well. It’s nothing personal against [the Heat]. I have nothing but love for them.”

Here are a few more notes from Miami:

  • Star forward Jimmy Butler will return to action on Monday after missing the past four games with a right ankle sprain, the team announced (via Twitter). Butler, 35, could be a free agent in 2025 if he declines his $52.4MM player option for next season. If you count the game he was injured (he played fewer than seven minutes), the Heat went 2-3 in Butler’s absence.
  • While it’s obviously welcome news that Butler will be back tonight, the Heat will be without two rotation regulars in Terry Rozier (right foot discomfort) and Jaime Jaquez, according to the the team. As Chiang of The Miami Herald writes, Jaquez suffered a right ankle sprain at the end of the third quarter in Sunday’s loss to Indiana. The second-year forward had an X-ray, which came back negative. “That’s one of the craziest ones,” head coach Erik Spoelstra said of Jaquez’s injury. “He just happened to be backpedaling back and stepped on (T.J.) McConnell’s foot. He says he’s fine. There’s no way to know with sprained ankles. We’ll find out when we get back to Miami.”
  • First-round pick Kel’el Ware hasn’t gotten many opportunities for playing time to this point in his rookie season, but he’s embracing the team’s development plan and is trying to soak up as much knowledge as he can, per Dustin Dopirak of The Indianapolis Star. “I really like the way he’s developed,” Spoelstra said. “He’s embraced us and the structure. He’s responded well to it. He’s already responded very well in the weight room, gotten a lot stronger and then he’s just been diligent, working. Is it going to be perfect? You know, no. He still has a lot of things to learn and figure out where he can be most effective in his role. But if he continues to stack days with intention the way he has been, he’s going to improve very quickly.”

Sixers Notes: Gordon, Martin, Embiid, George, Nurse

Tyrese Maxey led the way in the Sixers‘ overtime win over Indiana on Sunday, with a game-high 45 points in his 48 minutes of action. But the team likely wouldn’t have gotten its first victory of the season if not for a pair of offseason additions, according to Keith Pompey of The Philadelphia Inquirer, who highlights the contributions of Eric Gordon and Caleb Martin.

Gordon scored 15 points and was a plus-17 in 32 minutes off the bench, while Martin had a double-double (17 points, 12 rebounds) in 37 minutes.

Joel Embiid and Paul George will be back in the 76ers’ lineup at some point, but it won’t happen on Wednesday vs. Detroit. As Kyle Neubeck of PHLY Sports tweets, while the two stars participated in portions of practice on Tuesday, they’ve been ruled out for tomorrow’s game and will be reevaluated again later this week.

With or without those stars healthy, the club will need major contributions from its role players, Pompey writes. Sunday’s win showed what that could look like, and Gordon is confident that Philadelphia’s supporting cast will only improve as the season progresses.

“We are going to continue to get better,” Gordon said. “This is the worst, you know? You can never panic in this league. There’s too many games, an 82-game season. It’s too early. And we’re going to continue to get better and better. We’ve got guys with great attitudes who are wanting to win.”

Here’s more on the Sixers:

  • No team brought back fewer players from last season’s roster (seven) than the 76ers. That – along with Embiid’s and George’s absences – has created an early-season challenge for head coach Nick Nurse, who is still getting accustomed to his new-look squad and determining the strengths and weaknesses of certain lineups, writes Gina Mizell of The Philadelphia Inquirer. “I’ve got to learn what’s going on with this team,” Nurse said during Sunday’s post-game media session. “… I’m trying to learn what looks good, and what doesn’t.”
  • Embiid hasn’t suited up for a game yet this fall, but he’s already been hit with his first technical foul of the season. According to Tim Bontemps of ESPN (Twitter link), the league announced on Monday that Embiid was assessed a technical for waving a towel on the bench while Andrew Nembhard was shooting free throws on Sunday.
  • Patrick McCaw, Marcus Bagley, and Isaiah Mobley are among the notable names on the training camp roster announced on Monday (via Twitter) by the Delaware Blue Coats, Philadelphia’s G League affiliate. McCaw won three NBA championships with Golden State and Toronto during the first three years of his playing career, while Bagley and Mobley are the brothers of established NBA players (Marvin Bagley III and Evan Mobley).

Sixers Notes: Martin, Star Trio, Arena

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.

Heat Notes: Robinson, Jaquez, Butler

Duncan Robinson missed nine games late in the regular season due to a back injury, then was limited during last season’s playoffs. Robinson says he’s fully recovered from that ailment as Heat training camp approaches, Anthony Chiang of the Miami Herald reports.

“I feel great,” Robinson said. “We took all the necessary steps, seeing who we needed to see. Not restricted in any way. Have [not been limited] for the better part of eight weeks. Playing pickup. No limitations. It’s still a focus and emphasis in terms of what I’m doing in the weight room. [But it] hasn’t given me any issues. It was a rude awakening turning 30 [this past April] and having back issues within a month. Father Time is undefeated.”

Robinson has two years remaining on his five-year, $90MM contract.

We have more on the Heat:

  • After losing Caleb Martin in free agency, the Heat need to fill that void by finding a new defensive stopper. Jaime Jaquez Jr. says he can assume that role, according to Ira Winderman of the South Florida Sun Sentinel. “I think obviously with losing Caleb this year, I think there’s definitely going to be a hole to be filled when it comes to the defensive side of the ball and a guy that can really go out there and stop the other team’s best player or whoever’s got it going that night,” Jaquez said. “I think my role can definitely evolve into somebody who Coach just decides, ‘Hey, Jaime I want you to go guard the best player and chase him and stop him.’ I think that’s the way my role can evolve.”
  • Addressing a report that the Warriors are monitoring Jimmy Butler, Winderman says he anticipates Butler’s future will continue to be a hot topic unless the Heat get off to a solid start or the forward signs an extension. However, Winderman also notes that under the CBA and its prohibitive tax aprons, blockbuster deals are more complicated and more difficult than ever.
  • In case you missed it, free agent forward Nassir Little is reportedly working out for the Heat. Get the details here.

Sixers Notes: Jackson, Martin, Embiid, Gold Medalist

Reggie Jackson didn’t have any concerns about joining a Sixers roster that already has plenty of point guards, writes Keith Pompey of The Philadelphia Inquirer. Jackson signed a one-year deal with Philadelphia in late July, shortly after agreeing to a buyout with Charlotte, making him the latest lead guard on a team with Tyrese Maxey, Kyle Lowry, first-round pick Jared McCain and two-way player Jeff Dowtin. Jackson has confidence that coach Nick Nurse will find playing time for everyone.

“Since he was with the Raptors and became a head coach, kind of seeing how his team played, it was very interesting,” Jackson said. “Obviously, they played Lowry and [point guard] Fred VanVleet … how well they played together. They played long lineups where you had [forwards] Kawhi [Leonard], you had Pascal [Siakam], you had [Chris] Boucher. Shoot, he played [post players] Serge [Ibaka] and [Marc] Gasol at times together.”

Jackson is eager to see what Nurse can unlock in his game as he gets ready to join his sixth NBA team. He adds that he’s not bothered by the instability of being traded and then waived during the offseason.

“My circle always keeps me grounded. Just the love of the game of all facets and being able to be a military kid,” Jackson said of growing up with a father who was an Air Force officer. “Being a military kid prepared me for this life. Always moving around, always trying to figure it out, find ways to acclimate yourself to a new situation. Just trying to find a way to be effective.”

There’s more on the Sixers:

  • Caleb Martin grew up in North Carolina, but he feels like he can identify with the work ethic in Philadelphia, Pompey adds in a separate story. The 28-year-old forward could be in contention for a starting spot after leaving Miami to join the Sixers in free agency. “The feel you get from the fans is just kind of hard-nosed, blue-collar, scrappy, do-whatever-you-can [attitude], and that’s what this kind of crowd and environment feeds off of,” Martin said. “And I think I’m that type of player that can definitely get the crowd going and make plays like that and try to make as many plays as I can and just embrace everything that comes with it. So I’m excited.”
  • After being criticized early in his Olympics experience, Joel Embiid came through when Team USA needed him the most, notes Mike Sielski of The Philadelphia Inquirer. Embiid was part of a fourth quarter comeback against Serbia in the semifinals, helping to erase an eight-point deficit when he returned to the game with 7:19 remaining. Sielski sees it as an indication that Embiid may someday be able to lead the Sixers to playoff success.
  • Embiid has become the first American to win an Olympic gold medal while playing for the Sixers, Pompey tweets. The closest had been Andre Iguodala, who was traded to Denver during the 2012 Olympics, and Charles Barkley, who was sent to Phoenix two months prior to the 1992 Games.

Eastern Notes: Bickerstaff, Allen, Travers, Bey, Sixers

It didn’t take long for J.B. Bickerstaff to find a new job after being fired by Cleveland, having been hired by the Pistons as their new head coach. At his introductory press conference on Wednesday, Bickerstaff discussed why he found Detroit’s vacancy appealing, per James L. Edwards III of The Athletic.

It was my conversations with (president of basketball operations) Trajan (Langdon), to begin with,” Bickerstaff said. “I had a great feeling that this organization was heading in the right direction and was being led by the right people. For me, going through some of the things that I’ve gone through in the past, the people that you work with … being of a shared vision and willingness to commit to one another and partner with one another, I thought this group, as a whole, had a great vision. (team owner) Tom (Gores) has given every resource to go out and execute that vision.

Then, obviously, you study the team. I took a deep dive as soon as I could. Obviously, I have experience of playing against them four times a year for so many years, but I knew the players well. I believed in their ability and talent. There is a steps process that we have to take, and we’re really aware of that and Trajan and I are united in that. It just doesn’t happen for everyone overnight.”

Bickerstaff pointed to his success with Cleveland as proof that he can turn the Pistons around, writes Larry Lage of The Associated Press. Detroit finished with the worst record in the NBA last season. Langdon said he was looking for a veteran coach to lead a young team, as Lage relays.

You want somebody who can come in here and hit the ground running, and who’s done this before,” Langdon said. “Especially with a young team coming off a difficult season, positivity was important. We felt experience was important. The players needed to feel like the person coming in here knew what he was talking about.

Here’s more from the Eastern Conference:

  • The Cavaliers have been receiving trade inquiries on former All-Star center Jarrett Allen, but they continue to rebuff those overtures, ESPN’s Brian Windhorst said on his Hoop Collective podcast (YouTube link). Allen, who averaged 16.5 PPG, 10.5 RPG, 2.7 APG and 1.1 BPG in 77 games last season (31.7 MPG), will earn $40MM over the next two seasons.
  • Australian wing Luke Travers, a second-round pick (No. 56) by the Cavaliers in 2022, is dealing with a sore hamstring that sidelined him for the team’s Summer League opener in Las Vegas on Friday, tweets Chris Fedor of Cleveland.com. Travers has expressed a strong desire to come stateside in 2024/25, though it’s unclear if he’ll be able to earn a roster spot.
  • New Wizards forward Saddiq Bey will earn $6,440,678 in 2024/25, $6,118,644 in ’25/26, and $6,440,678 again in ’26/27, a source tells cap expert Yossi Gozlan (Twitter link). Bey will likely miss most — if not all — of his first season with Washington after tearing his ACL in March. The 25-year-old’s new three-year deal also includes $1MM in incentives.
  • Mike Sielski of The Philadelphia Inquirer argues that free agent signee Caleb Martin will bring a much-need infusion of “Heat Culture” to the Sixers, pointing to the 28-year-old’s success with Miami as evidence. According to Sielski, the 76ers have had plenty of talent in recent years, but the team has often lacked an identity, which Martin should help fortify with his willingness to make winning energy plays.
  • Former NBA forward Demetris Nichols has joined the Sixers as a player development coach, per Mike Waters of Syracuse.com (subscriber link). The No. 53 pick of the 2007 draft, Nichols appeared in 18 NBA games with Cleveland, Chicago and New York before spending several years overseas. The 39-year-old was an assistant with Wake Forest last season, Waters notes.

Heat Notes: Rozier, Highsmith, Martin, Roster, Burks

Veteran Heat guard Terry Rozier, who missed the team’s final four regular season games and five playoff contests in the spring due to a neck injury, revealed on Tuesday that he was cleared to resume full basketball activities a couple weeks ago and has been doing on-court workouts, per Anthony Chiang of The Miami Herald. Rozier said it was difficult not to be able to contribute to the team during its biggest games of the year after arriving in Miami in a midseason trade

“Obviously we all know why I came here, to be a big help for the playoffs and just to try to get this team some life,” Rozier said. “It just sucks that I couldn’t play in the most important part of the season, and I had to watch the guys that I go to war with. So it was tough. … It was just nonstop thinking about me just wishing I was out there with my guys. That’s why I’m glad that I’m cleared and everything else will take care of itself when the time comes.”

Rozier had to wear a neck brace while he recovered from the injury, but he made it clear on Tuesday that he never felt as if his career might be in jeopardy due to the ailment. The 30-year-old also indicated that he fully believes the Heat are capable of improving on last season’s result (46-36; No. 8 seed) even without any significant changes to the roster.

“I think the fans are bored right now, and they want to put as many scenarios as they can for us,” Rozier said. “But at the end of the day, we want to run it back with our same team, and we want to show the fans what we can bring to Miami. Obviously last year was tough on us, all of it as a whole. But we’re looking to get out there and impact, and make an impact all together.”

Here’s more on the Heat:

  • After officially re-signing with the Heat on Monday, Haywood Highsmith admitted that his first real foray into free agency was an “up-and-down roller coaster,” but said he was “really satisfied” with the two-year, $11MM contract he received from Miami, according to Chiang.
  • Asked about reports that he turned down a four-year, $58MM extension from the Heat prior to free agency, Caleb Martin explained why he passed on Miami’s offer and ultimately settled for a more modest free agent deal from the Sixers. “Just certain things didn’t work. There’s a lot of things behind the scenes that went on, but ultimately, there was a lot in making that decision and there’s a lot that contributed to how everything went, but past is past,” Martin said (Twitter link via Keith Pompey of The Philadelphia Inquirer). “Can’t do nothing about that and like I said, I’m looking forward to being here and being a part of Philly and try to bring everything I can in order to try to win a championship so that’s my main focus now.” Martin’s offer from the Heat would’ve required him to pick up his $7.1MM player option for 2024/25, so he’ll at least earn a higher first-year salary in Philadelphia than he would’ve if he’d opted in.
  • Examining the Heat’s financial situation, Ira Winderman of The South Florida Sentinel lays out why the roster is essentially set for the season unless they make a trade, since signing another free agent currently isn’t a viable option for the team.
  • Veteran guard Alec Burks will be earning a minimum salary for just the second time in his NBA career in 2024/25, but he feels good about ending up in Miami, as Winderman writes for The Sun Sentinel. “The Heat Culture from afar, then I talked to (head coach Erik Spoelstra), made my decision,” Burks said when asked about choosing to sign with the Heat. “We had a great conversation. I think that’s the real reason I picked the team.”

Contract Details: George, Martin, Wiseman, Isaac, Hield, More

Following the end of the July moratorium on Saturday, teams wasted no time in officially finalizing many of the contracts they’d agreed to up until that point.

Now that those contracts have been completed, we have the official details on many of them. Here, via several reporters – including Keith Smith of Spotrac, Michael Scotto of HoopsHype, and cap expert Yossi Gozlan – as well as our own sources, are some of those notable details:


Players with trade kickers:

Lakers forward LeBron James (15%), Knicks forward OG Anunoby (15%), Sixers forward Paul George (15%), Sixers forward Caleb Martin (15%), Mavericks sharpshooter Klay Thompson (15%), and Mavericks forward Naji Marshall (5%) received trade kickers on their new free agent deals, while Celtics guard Derrick White (15%) got one on his contract extension.

As an aside, James’ exact starting salary in 2024/25 is $48,728,845, which is $1,258,873 below the maximum he could have earned.

Players who waived their right to veto a trade:

A player who re-signs with his team on a one-year contract (or two-year contract with a second-year option) is typically awarded the right to veto a trade, but has the option to waive that option.

Heat center Thomas Bryant, Rockets guard Aaron Holiday, Raptors wing Garrett Temple, and Magic teammates Gary Harris and Moritz Wagner all surrendered their right to veto a trade in 2024/25 and could be moved freely.

Unlikely incentives:

Nets center Nic Claxton ($97MM base + $3MM incentives), Pacers forward Obi Toppin ($58MM +$2MM), Suns forward Royce O’Neale ($42MM +$2MM), and Sixers forward Martin ($35,040,704 + $5,256,106) are among the players whose contracts include unlikely bonuses that would boost the total guaranteed salary if those incentives are reached.

As cap expert Albert Nahmad observes, the structure of Martin’s contract helped the 76ers maximize their cap room, since his unlikely incentives don’t count toward the cap once he signs.

It wouldn’t surprise me if Martin’s “unlikely” incentives are easier to earn than a typical player’s incentives would be — I don’t expect them to be for making an All-Star team or anything like that. An incentive is considered unlikely for cap purposes if the player wouldn’t have met the criteria the year before. For example, as Nahmad suggests, a bonus related to Martin making 24 or more starts would be considered unlikely because he started 23 games last season. Martin’s bonuses – considered “unlikely” for cap purposes but perhaps “likely” to be earned in reality – could have served as a way to strengthen the Sixers’ offer without sacrificing that extra cap room.

It’s also worth noting that a player’s unlikely incentives can’t exceed 15% of his guaranteed base salary, and Martin’s $5,256,106 in incentives represent exactly 15% of his overall $35,040,704 salary.

Partial or non-guarantees and options:

James Wiseman‘s two-year, minimum-salary contract with the Pacers is guaranteed for $500K in year one, with a team option for 2025/26. That team option would be guaranteed for $569,041 if exercised (ie. the same percentage as his first-year salary).

Luka Garza got a similarly structured two-year, minimum-salary deal with the Timberwolves, except his first year is fully guaranteed prior to his second-year team option. That 2025/26 option would be guaranteed if picked up.

As previously reported, Isaiah Hartenstein‘s three-year, $87MM deal with the Thunder includes a team option for 2026/27. It’s worth $28.5MM, with $58.5MM in guaranteed money across the first two seasons.

Magic teammates Harris ($7.5MM) and Wagner ($11MM) each have second-year team options on their two-year deals.

The Rockets used their full bi-annual exception to give Holiday a two-year deal worth $9,569,400 that includes a second-year team option ($4,901,400).

Neemias Queta‘s three-year, minimum-salary contract with the Celtics is fully guaranteed in year one with a partial guarantee of exactly 50% ($1,174,789 of $2,349,578) in year two, plus a third-year team option for 2026/27. The third-year option ($2,667,944) would be guaranteed for 50% ($1,333,972) if exercised. Since his minimum deal covers more than two years, a team wouldn’t be able to acquire Queta via the minimum salary exception if he’s traded down the road.

Jonathan Isaac‘s new long-term deal with the Magic is partially guaranteed ($8MM of $14MM) in 2026/27, with non-guaranteed salaries of $14.5MM in 2027/28 and $15MM in 2028/29. However, each of those salaries would become fully guaranteed if Isaac plays at least 52 games in the prior season. For instance, if Isaac were to appear in 54 games in 2026/27, his $14.5MM salary for ’27/28 would be fully guaranteed.

Sign-and-trade contracts:

Interestingly, Kyle Anderson‘s and Buddy Hield‘s new contracts with the Warriors have the exact same salaries for the first three seasons: $8,780,488, $9,219,512, and $9,658,536. Anderson’s three-year deal is fully guaranteed for the first two years and non-guaranteed in year three.

As for Hield, his four-year contract is fully guaranteed for the first two years, with a partial guarantee of $3MM for year three. His fourth year is a $10,097,560 player option that would be partially guaranteed for $3,136,364 if exercised.

Klay Thompson’s three-year contract with the Mavericks comes in at exactly $50MM, as reported — it starts at $15,873,016 and features 5% annual raises.

Jonas Valanciunas‘ three-year contract with the Wizards is worth $30,295,000 in total, beginning at $9.9MM (which is the amount of the trade exception generated for the Pelicans). It’s fully guaranteed for the first two seasons and non-guaranteed in year three.

Cody Zeller got a three-year, $11,025,000 deal in the sign-and-trade that sent him from New Orleans to the Hawks. The first year is guaranteed for $3.5MM, with two non-guaranteed seasons after that.

Finally, as part of the Mikal Bridges trade, new Nets guard Shake Milton got a three-year, $9,162,405 contract that has a guaranteed first-year salary of $2,875,000, with two non-guaranteed years after that ($3MM in 2025/26 and $3,287,406 in ’26/27). His teammate Mamadi Diakite, who was also sent to Brooklyn in the trade, had his $2,273,252 salary partially guaranteed for $1,392,150.

Milton’s $2,875,000 salary, Diakite’s $1,392,150 partial guarantee, and Bojan Bogdanovic‘s $19,032,850 salary add up to $23.3MM, which is equivalent to Bridges’ salary — the exact amount of outgoing salary the Knicks needed to send to avoid being hard-capped at the first tax apron.

Sixers Sign Caleb Martin, Waive Paul Reed

7:28pm: Martin has officially signed with the Sixers, the team confirmed in a press release.

“Caleb is a battle-tested performer who has elevated his game when his teams have needed it most,” president of basketball operations Daryl Morey said in a statement. “We’re excited for him to bring his skillset and mentality to the 76ers.”

The Sixers also confirmed in a separate release that they’ve waived Reed.


11:45am: Martin’s deal with the Sixers is indeed guaranteed for roughly $32MM and can reach up to $40MM with bonuses, Scotto clarifies (Twitter link).


9:23am: Free agent forward Caleb Martin is planning to sign with the Sixers, according to ESPN’s Adrian Wojnarowski (Twitter link). In order to help make space for the veteran forward, the 76ers are planning to waive Paul Reed‘s non-guaranteed contract, Wojnarowski reports (Twitter link).

In a follow-up story, Wojnarowski writes that Martin will sign a four-year contract that includes more than $32MM in guaranteed money. Meanwhile, Ira Winderman of the South Florida Sun Sentinel reports Martin’s deal is worth $40MM over four years (Twitter link). We’ll see where the final numbers come in, but it’s possible both reports are accurate — for instance, there might be $32MM+ in guarantees, with additional incentives that could push the overall value higher.

Michael Scotto of HoopsHype adds that Martin’s fourth year will be a player option (Twitter link).

Martin, who will bring extensive playoff experience to Philadelphia, could easily fit the roster off the bench or in the starting lineup at power forward. Over the past three seasons with Miami, Martin has averaged 9.6 points and 4.4 rebounds across 195 games (84 starts).

He was especially critical to the Heat’s run to the NBA Finals in 2022/23, when he averaged 19.3 points on 60.2% shooting from the field and 48.9% from deep in the seven-game Eastern Conference Finals against Boston. He nearly came away with the Conference Finals MVP award for that performance.

As Wojnarowski observes, Martin’s 13.6 points per game against the Celtics for his career (playoffs and regular season) are his most against any Eastern Conference opponent. As the Sixers continue to revamp their roster around superstar Joel Embiid, they’re adding a player who has given the reigning NBA champs problems throughout his career.

Philadelphia’s interest in Martin has been reported multiple times since free agency began. However, those reports suggested he was seeking more than what the Sixers were capable of offering.

The Heat also had interest in bringing back the 28-year-old forward, proposing a four-year extension on top of his $7.1MM player option before he decided to turn down that option. According to Anthony Chiang of the Miami Herald (Twitter link), Miami’s original offer would have been for four years and about $58MM, beginning in 2025/26, for a total of $65MM-ish over five years. However, once Martin declined his option, the Heat could no longer make that offer (they were limited to 8% raises in a free agent contract, rather than the bigger second-year jump they could have included in an extension).

Meanwhile, the Sixers are moving on from Reed, their former No. 58 overall draft pick in 2020. Reed has evolved into a serviceable backup in the frontcourt over the past few seasons. In ’23/24, he averaged 7.3 points, 6.0 rebounds, 0.8 steals and 1.0 blocks, appearing in all 82 of Philadelphia’s regular season games.

However, his $7.7MM contract for next season was fully non-guaranteed, so he was always viewed as a candidate to be traded or released as the 76ers looked to maximize their cap room.

Scotto’s Latest: Beasley, Hield, Nuggets, Martin, Pelicans, Mavs, Cavs

Coming off a season in which he made a career-high 41.3% of his three-point attempts, free agent swingman Malik Beasley was considered the Mavericks‘ Plan B for outside shooting help if they were unable to land Klay Thompson, reports Michael Scotto of HoopsHype.

With Dallas no longer in the mix for Beasley, the 27-year-old sharpshooter is receiving interest from the Pelicans, who like the idea of having him stretching the floor alongside Zion Williamson, league sources tell Scotto.

Meanwhile, the Pistons “flirted” with potentially offering Buddy Hield a one-year contract and have considered doing the same for Beasley, Scotto writes, but for now Detroit wants to keep its salary cap space open for trade purposes, since the team is well positioned to take on an unwanted contract or two and receive draft assets for its trouble.

Here’s more from Scotto:

  • The Nuggets and Heat were among the teams to express interest in Hield before he agreed to join the Warriors, per Scotto. However, neither team could realistically match the $8.7MM starting salary Hield got from Golden State. Denver is shopping in free agency with its $5.2MM taxpayer mid-level exception in the hopes of adding a player who can help fill the Kentavious Caldwell-Pope-sized hole in the team’s rotation, Scotto notes.
  • When he declined his $7.1MM player option with Miami, Caleb Martin was hoping for a deal worth at least the full mid-level exception ($12.9MM) and possibly more than that, sources tell HoopsHype, but nothing has materialized so far. The Sixers are among the teams with interest in Martin, but his asking price would have to drop for that to be realistic, according to Scotto.
  • While the Pelicans continue to peruse the trade market for centers – with Wendell Carter of the Magic among the targets on their radar – veteran big man Daniel Theis has been linked to New Orleans as a possible cheaper option in free agency, Scotto writes.
  • The Mavericks, in the market for one more guard, have considered a possible reunion with Spencer Dinwiddie or Dennis Smith Jr., according to Scotto, who hears that Malachi Flynn is another playing Dallas is considering if Dinwiddie and Smith end up elsewhere.
  • Johnnie Bryant (Knicks), Jared Dudley (Mavericks), and Trevor Hendry (Nets) are among the coaches the Cavaliers are eyeing as possible assistants for Kenny Atkinson‘s staff, Scotto reports. Bryant was close with Donovan Mitchell from their days in Utah together, while Dudley and Hendry were with Atkinson in Brooklyn (Dudley as a player, Hendry as a staffer).