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Contract Extension Details: Porter, Hunter, Little

October 20th, 2022 at 3:53pm CST by Luke Adams

As previously reported, Kevin Porter Jr. new four-year extension with the Rockets is only fully guaranteed for the first season. As Kelly Iko of The Athletic reports and Hoops Rumors has confirmed, all four years of the deal have a base salary of $15,860,000, with an additional $4,758,000 available each year via incentives.

Those incentives are divided into two categories and are based on Porter’s minutes played and the success of the team, according to Iko, who says the team-based bonuses are tied to wins, play-in tournament appearances, and/or playoff berths. If Porter maxes out his incentives, the total four-year value of the deal would be $82,472,000, but the total base value if he doesn’t earn any bonuses is just $63,440,000.

Although Porter’s second-year salary isn’t guaranteed yet, it will become partially guaranteed for $1MM if he remains under contract through July 1, 2023, which is when the extension officially begins. That partial guarantee for the 2024/25 season will increase to $3MM at the start of the ’23/24 regular season and will rise to $6MM if Porter remains under contract five days beyond the 2024 trade deadline, as Iko outlines.

Porter can also earn a full guarantee for 2024/25 if he reaches a certain minutes threshold in ’23/24 and the Rockets also earn a top-eight seed and make the playoffs that season, Iko explains. Finally, as long as Porter remains under contract, his second-, third-, and fourth-year salaries will automatically become fully guaranteed on the June 30 before that season begins. The Rockets would have to waive him to avoid paying those salaries.

Here are details on a couple other contract extensions signed earlier this week:

  • De’Andre Hunter‘s four-year extension with the Hawks starts at $20,089,286 in year one and features standard 8% annual raises, increasing to $24,910,714 for year four. Each season includes $1.25MM in unlikely incentives, so $90MM is fully guaranteed and $5MM is available in incentives, as initially reported.
  • Nassir Little‘s four-year extension with the Trail Blazers also features a standard rising structure, beginning at $6,250,000 in 2023/24 and increasing by $500K per year, up to $7,750,000 in ’26/27. As initially reported, it’s fully guaranteed, with no team or player option.
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Trail Blazers Sign John Butler To Two-Way Deal

October 20th, 2022 at 3:47pm CST by Alex Kirschenbaum

OCTOBER 20: The Blazers have officially signed Butler to his two-way contract, the team announced today in a press release.

OCTOBER 17: The Trail Blazers intend to add free agent power forward/center John Butler on a two-way deal, sources inform Shams Charania of The Athletic (Twitter link).

The 7’1″ big man went undrafted this year after spending one NCAA season with Florida State. Butler played with the Pelicans in the Summer League and during the preseason, before being waived by New Orleans last week.

During his lone collegiate season, the 19-year-old posted averages of 5.9 PPG, 3.2 RPG, and 0.7 APG across 31 games, including 24 starts. He shot a promising 43.9% from long range on 2.6 attempts a night, though he also converted a lowly 44% of his looks at the charity stripe.

Butler’s impending deal with the Trail Blazers will actually be his second two-way contract this month. He initially saw his training camp contract with the Pelicans converted into a two-way deal before he was cut.

Butler joins another seven-footer, big man Olivier Sarr, in filling Portland’s pair of two-way contract openings heading into the season.

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Trail Blazers Notes: Little, Domingo, Billups

October 19th, 2022 at 1:48pm CST by Luke Adams

As we noted on Tuesday, Nassir Little‘s four-year, $28MM deal with the Trail Blazers features the lowest average annual value of any rookie scale extension since Jeremy Lamb inked a three-year, $21MM contract in 2015.

Explaining his decision to accept a relatively modest long-term extension offer, Little said the new deal gives him “security” and “peace of mind,” as Sean Highkin of The Rose Garden Report details in a Twitter thread.

“For me, it’s more money than I make now, it’s more money than I’ve ever made in my life,” Little said. “I can bet on myself to make more money, but I don’t play this game just to make money. I have $28 million on the table, I’ll just take it.”

With a strong, healthy season in 2022/23, Little likely could’ve done much better as a restricted free agent next summer, which he acknowledged in his comments to reporters. However, he’s comfortable with opting for stability instead of attempting to maximize his earnings.

“I’m not gonna lie, I think my talent level is worth more than that,” Little said of his $28MM contract, per Highkin. “But with me having an injury history, and them still taking a chance on me, I want to be here. I’ll probably perform at a level that’s worth more than that, but being in Portland is what I want.”

Here’s more on the Blazers:

  • Little’s four-year extension is a win-win for him and the Blazers, Jason Quick writes for The Athletic. While Portland is in position to get a potential bargain on a rotation player through 2027, Little can relax and not have to worry about playing for a contract this season. “You’ll have guys tell you that contract years are stressful years and I just think for me, it takes a lot of weight off my shoulders,” Little said. “Just a lot of anticipation goes away, so now I can just focus in and secure stuff for myself and my family. I should be good for the rest of my life.”
  • The Trail Blazers have made a new addition to their front office, announcing today in a press release that they’ve hired BJ Domingo as director of player personnel. A former scout for the Bucks, Domingo became the assistant director of the U.S. men’s national team in 2021 and will help bolster Portland’ “global scouting efforts”, according to general manager Joe Cronin. “BJ has evaluated talent at the pro level, collegiate and amateur ranks while developing great relationships across the world,” Cronin said in a statement.
  • Chauncey Billups‘ first season as a head coach went about as poorly as possible, as his superstar (Damian Lillard) played just 29 games, the man who hired him (Neil Olshey) was dismissed less than two months into the season, and a team with playoff aspirations won just 27 games. However, as Bill Oram of The Oregonian relays, Billups is unfazed by how year one played out and looking forward to showing what he’s capable of in year two.
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Trail Blazers Sign Nassir Little To Four-Year Extension

October 17th, 2022 at 2:24pm CST by Luke Adams

2:24pm: The Blazers have officially signed Little to his extension, the team confirmed today in a press release.

“Nassir is a talented player who has grown every year and has a very bright future,” general manager Joe Cronin said in a statement. “We are very excited that he chose to extend with us, and we look forward to continuing to see him shine on and off the court.”

10:31am: The Trail Blazers have agreed to sign forward Nassir Little to a four-year, $28MM rookie scale extension, sources tell ESPN’s Adrian Wojnarowski (Twitter link). The deal will be fully guaranteed, according to Wojnarowski (Twitter link).

The 25th overall pick in the 2019 draft, Little didn’t have much of a role in his first two seasons with the Blazers, averaging 4.1 PPG and 2.5 RPG on .450/.302/.719 shooting in 96 games (12.6 MPG).

However, he bumped those numbers to 9.8 PPG and 5.6 RPG on .460/.331/.734 shooting in 42 games (25.9 MPG) in 2021/22 and was playing especially well after entering the starting lineup in December.

Little’s breakout season in Portland came to an early end when he underwent surgery on February 1 to repair a torn labrum in his left shoulder. In May, he underwent abdominal surgery to repair a core muscle injury.

Little has since recovered from both of those procedures and is ready to go for the start of the 2022/23 season. He lost the battle for the starting small forward job to Josh Hart, but figures to be one of the first players off the bench for the team to open the year.

Even though Little’s new deal is reportedly fully guaranteed, it has the potential to be a steal for the Blazers. They’ll be on the hook for just $7MM per season through 2026/27 in order to lock up a 22-year-old wing who continues to improve. Even if Little doesn’t make huge strides in the coming years, that’s a very affordable price for a reliable rotation player.

For his part, Little has earned just $6.63MM through his first three NBA seasons and will make $4.17MM in 2022/23. Locking in $28MM in guaranteed money will increase his career earnings exponentially and will give him some long-term security in case he takes a step back or suffers a major injury going forward. It’s hard to fault him for accepting Portland’s offer rather than rolling the dice in restricted free agency next summer.

Little is the 10th player to agree to a rookie scale extension this season, as our tracker shows. The deadline for those deals is at 5:00 pm CT on Monday.

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Checking In On Roster Situations Around The NBA

October 16th, 2022 at 8:05am CST by Luke Adams

As expected, the majority of the NBA teams made their roster cuts on Saturday and didn’t wait until Monday’s deadline to set their regular season rosters.

Making those moves on Saturday will ensure the players on non-guaranteed contracts clear waivers on Monday, before the regular season begins. If a team had waited until Monday to waive a player on a non-guaranteed deal, he wouldn’t clear waivers until Wednesday, and the team would be on the hook for two days’ worth of his salary.

After yesterday’s flurry of roster moves, here’s where things stand around the NBA…

Teams whose rosters are within the regular season limits

Of the NBA’s 30 teams, 26 have rosters that comply with the league’s regular season roster limits, which state that clubs can’t carry more than 15 players on standard contracts or two on two-way contracts.

The following 16 teams are right at the limit, carrying 15 players on standard contracts and a pair on two-ways:

  • Boston Celtics
  • Brooklyn Nets
  • Chicago Bulls
  • Denver Nuggets
  • Indiana Pacers
  • Los Angeles Lakers
  • Memphis Grizzlies
  • Milwaukee Bucks
  • Minnesota Timberwolves
  • New York Knicks
  • Orlando Magic
  • Philadelphia 76ers
  • Sacramento Kings
  • Toronto Raptors
  • Utah Jazz
  • Washington Wizards

Just because these rosters look ready for the regular season doesn’t mean they’re fully locked in. In fact, it would be a surprise if at least one or two of these teams don’t make minor tweaks before Monday’s regular season roster deadline. That could be as simple as swapping out one two-way player for another.

The Sixers are one team to watch, since Michael Foster Jr. – who is on an Exhibit 10 contract – remains on the roster. It’s possible Philadelphia intends to convert him to a two-way deal on Sunday or Monday, which would mean the club would have to waive one of its current two-way players (Charlie Brown Jr. or Julian Champagnie).

The following seven teams are carrying 14 players on standard contracts and two on two-ways:

  • Atlanta Hawks
  • Charlotte Hornets
  • Dallas Mavericks
  • Golden State Warriors
  • Los Angeles Clippers
  • Miami Heat
  • Phoenix Suns

The majority of these teams have luxury tax concerns and will open the season with an open roster spot to keep their projected tax bill in check, though that’s not the case for all of them.

The Hornets are well clear of the tax, for instance, and could comfortably make a roster addition if they want to. They may also be leaving a spot open for Miles Bridges, though his NBA future is up in the air due to his legal situation.The Mavericks, meanwhile, are in the tax but are still expected to sign veteran guard Facundo Campazzo before the regular season begins.

We’ve covered 23 teams so far. That leaves three more who are in within the regular season limits. Those teams are as follows:

  • Cleveland Cavaliers: 14 players on standard contracts and one on a two-way deal.
  • New Orleans Pelicans: 15 players on standard contracts and one on a two-way deal.
  • Portland Trail Blazers: 14 players on standard contracts and one on a two-way deal.

The Trail Blazers are right up against the tax line and will likely keep their 15th spot open to start the season, but the Cavaliers could add a 15th man if they so choose. All three teams could be keeping an eye on players who were waived in recent days as they mull how to fill their open two-way slots.

It’s worth mentioning that the Pelicans still haven’t signed second-round pick E.J. Liddell, who suffered a torn ACL during Summer League play. I suspect New Orleans wants Liddell to sign a G League contract and rehab with the Birmingham Squadron this season so that the team can use its second two-way slot on someone who can actually contribute on the court, but it remains possible that Liddell could fill that two-way opening.

Teams that still have moves to make before Monday’s deadline

The following teams haven’t yet made their necessary cuts to get within the regular season roster limits:

Detroit Pistons: 16 players on standard contracts and two on two-way deals.

The final cut will be pretty simple for the Pistons. They still haven’t officially waived Kemba Walker, but they’re expected to do so before the start of the season. Because Walker’s salary is fully guaranteed, Detroit can afford to wait until Monday instead of waiving him on Saturday, since there will be no additional financial penalty.

Houston Rockets: 17 players on standard contracts and one on a two-way deal.

The Rockets‘ final moves also looks pretty straightforward. Derrick Favors, who has a guaranteed salary, and Darius Days, who is on an Exhibit 10 contract, remain on the team’s roster for now. Favors will reportedly be waived on or before Monday. The deadline to convert players from Exhibit 10 deals to two-way contracts is Monday, so if Houston converts Days to a two-way today or tomorrow, the club will be set for the season.

Oklahoma City Thunder: 17 players on standard contracts and two on two-way deals.

The Thunder will actually have to waive three players, not just two, because they’re also reportedly signing Isaiah Joe to their 15-man roster. David Nwaba is reportedly one of the players being cut, and it wouldn’t be a surprise if the other two are also players the Thunder acquired from Houston last month: Trey Burke and Marquese Chriss.

San Antonio Spurs: 16 players on standard contracts and two on two-way deals.

The Spurs will have to waive one player to get to the 15-man limit. Keita Bates-Diop and Tre Jones don’t have fully guaranteed salaries, but the fact that San Antonio didn’t finalize its cuts on Saturday suggests that a player with a guaranteed contract will be the odd man out. Tom Orsborn of The San Antonio Express-News reported on Saturday that Joe Wieskamp and Romeo Langford are “on the bubble.”

Reported Exhibit 10 signings that never materialized

There are a handful of free agent contract agreements that were reported at some point during the offseason and, as far as we can tell, never actually materialized. Those agreements are as follows:

These players and teams could still technically finalize these deals on Sunday or Monday, but it’s also very possible they simply fell through for one reason or another. For instance, reporting in September indicated that Montero’s buyout from his Spanish team might be an issue.

We’re no longer assuming that these signings going to happen.

Hoops Rumors’ roster resources

We consistently maintain and update a number of lists and trackers that are designed to help you keep tabs on NBA rosters. They’re all up to date following Saturday’s cuts. Those resources, which can be found on the right-hand sidebar of our desktop site or on the “Features” page within our mobile menu, include the following:

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Shaedon Sharpe Hires New Agent

October 14th, 2022 at 12:56pm CST by Luke Adams
  • Trail Blazers rookie Shaedon Sharpe has signed with agent Mike George of One Legacy Sports for representation, tweets ESPN’s Adrian Wojnarowski.
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Northwest Notes: Brown, Gay, Lillard, Trail Blazers

October 13th, 2022 at 9:27pm CST by Alex Kirschenbaum

New Nuggets addition Bruce Brown seems to be the exact defensive puzzle piece the team had been missing, writes Mike Singer of The Denver Post (subscriber-exclusive link).

“When I realized that Bruce was still available (as a free agent), that was, ‘Hey man, this is a guy that we need,’” head coach Michael Malone said, adding that he communicated that to team GM Calvin Booth during the offseason. “You might score on him, but he’s not gonna back down.”

The 26-year-old inked a two-year, $13MM deal with the Nuggets this summer.

Singer notes that the 6’4″ Brown possesses a versatility that allows him to cover opposing positions ranging from point guards to power forwards, and can function in a variety of ways on offense as well. Malone has been making a concerted effort to play Brown at the point to see what he can do as a play-maker.

There’s more out of the Northwest Division:

  • The Jazz face some tough choices when it comes to how they want to use veteran power forward Rudy Gay this season, writes Sarah Todd of The Deseret News. As Todd outlines, the team could look to showcase the 36-year-old either to boost his trade value or to use him as a mentor to their rebuilding roster, or the club could opt to waive the remaining two years and $12.7MM remaining on his current contract.
  • Though Trail Blazers star point guard Damian Lillard could have demanded a trade out of town, he decided instead to stick around as the team re-tools. Logan Murdock of The Ringer details how Lillard questioned the team’s direction following a 2021 first-round playoff exit. “It just had reached the point where I was like, ‘Is what I want the same as what the organization wants?’” Lillard told Murdock. “Do we actually want to win, or is it a situation where, ‘We’re going to be good enough, we know Dame is going to put his best foot forward and it’s going to be entertaining, we’re going to be competitive, we’re going to have a chance in the playoffs.’”
  • Following an underwhelming 1-4 preseason finish, which included three blowout defeats, the Trail Blazers and second-year head coach Chauncey Billups could have a rough road reaching even a .500 record, let alone a postseason return, opines Aaron Fentress of The Oregonian (subscriber-exclusive link).
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Blazers’ Payton To Miss Start Of Regular Season

October 13th, 2022 at 3:20pm CST by Luke Adams

Gary Payton II, who signed a three-year contract with the Trail Blazers in July, won’t be available for the start of the regular season next week, the team announced today in a press release.

Payton, who underwent core muscle surgery this summer, will be reevaluated in two weeks, according to the Blazers. That means, even if he’s ready to return at that point, he’ll miss Portland’s first five games of the season.

When the Blazers first announced Payton’s procedure in September, they indicated that they expected him to be ready for opening night. That won’t happen, but the team said in today’s statement that Payton “continues to progress well” in his rehab, so it doesn’t sound like he has experienced any setbacks.

It’s possible Payton’s absence will open the door for rookie Shaedon Sharpe to play regular minutes to start the season. Wings Nassir Little and Justise Winslow should also see an uptick in playing time.

In addition to their injury update on Payton, the Blazers also put out a press release announcing that center Olivier Sarr, who was converted to a two-way deal earlier today, has been diagnosed with a right wrist sprain after undergoing an MRI. He’ll be reevaluated in one week, at which point the team should have a clearer idea of when he’ll be able to return.

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Blazers Convert Olivier Sarr To Two-Way Deal

October 13th, 2022 at 12:55pm CST by Luke Adams

12:55pm: The move is official, the Blazers confirmed in a press release.

12:37pm: The Trail Blazers are converting Olivier Sarr‘s Exhibit 10 contract to a two-way deal, reports Adrian Wojnarowski of ESPN (Twitter link).

Sarr, 23, spent a portion of his rookie season in 2021/22 with the Thunder, signing a pair of 10-day contracts with Oklahoma City and then receiving a two-way deal. He averaged 7.0 PPG and 4.2 RPG in 22 NBA games (19.1 MPG), with a solid shooting line of .574/.448/.828.

The former Kentucky Wildcat played for Phoenix’s Summer League team in Las Vegas, then signed with the Blazers. He has appeared in four preseason games for Portland and seems to have made an impression on the team, sticking around while fellow camp invitees Jared Rhoden and Isaiah Miller were waived on Wednesday.

Once Sarr’s contract is officially converted into a two-way, the Blazers will have 14 players on standard deals and one on a two-way pact. I wouldn’t expect the tax-conscious club to add a 15th man before opening night, but it’s possible Portland will sign a second two-way player.

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Trail Blazers Waive Jared Rhoden, Isaiah Miller

October 12th, 2022 at 3:45pm CST by Luke Adams

3:45pm: The Blazers have officially cut Rhoden and Miller, the team confirmed in a press release.

3:35pm: The Trail Blazers intend to waive guards Jared Rhoden and Isaiah Miller, according to Aaron Fentress of The Oregonian. Rhoden and Miller had been in camp on Exhibit 10 contracts.

Rhoden, who went undrafted out of Seton Hall in June, played for Sacramento’s Summer League teams in July before signing a training camp contract with Portland. Miller went undrafted in 2021 out of UNC Greensboro and spent the season in the G League as an affiliate player with the Iowa Wolves, averaging 12.7 points, 4.7 rebounds and 3.2 assists in 32 games.

Neither player will report to the Trail Blazers’ G League team, since Portland is one of two NBA teams that doesn’t have an NBAGL affiliate.

The cuts, once they’re official, will leave the Blazers with 15 players under contract — 14 of those players have guaranteed standard deals, while Olivier Sarr is on an Exhibit 10 contract.

Fentress notes that Sarr has had a strong preseason and seems to have a strong chance to make the regular season roster, though I’d be surprised if the tax-conscious Blazers keep him on the standard 15-man roster rather than converting him to a two-way deal. Both of Portland’s two-way slots are currently open.

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