While most players' contracts include annual raises, or at the very least, identical annual salaries, Steve Novak's new contract with the Knicks is a little different, as Mark Deeks of ShamSports explains (Twitter link). Novak's deal starts at a little over $4MM, dips to below $3.5MM by 2014/15, then rises back up to $3.75MM for 2015/16. The unusual structure of the deal provides the Knicks a small amount of savings in the years when the rest of the team's roster will get extremely expensive.
Deeks shared a number of other contract details from around the league, via Twitter, so let's round them up....
- The Spurs' deal with Danny Green is for three fully-guaranteed years and $11,287,500, with no options.
- Andre Miller will earn $5MM in each of the next two seasons with the Nuggets. The third year of his deal is partially guaranteed for $2MM of $4.625MM.
- Jason Thompson's five-year deal with the Kings is worth $30,187,500, though year five is only partially guaranteed for $2.65MM.
- According to Deeks, the previously reported figures for Ersan Ilyasova are a little high -- his deal with the Bucks is worth $40MM over five years. The first four years are guaranteed at $7.9MM each, then year five is partially guaranteed for just $400K of $8.4MM.
- Jamal Crawford received the full mid-level for four years from the Clippers, but the final two years of the contract are only guaranteed for $1.5MM each.
- Marcus Camby's contract with the Knicks, $13,151,319 over three years, descends in value, with just $1,025,890 of $4,177,208 guaranteed in the third season.
- Every first-round pick to sign so far has received the full 120% of the rookie scale.
- DeShawn Stevenson will earn $2,240,450 in each year of his three-year deal with the Hawks, though only the first season is guaranteed.
- Kyle Singler's fully-guaranteed deal with the Pistons is worth $3,135,000 over three years, with no options, while Victor Claver's deal with the Trail Blazers is also fully guaranteed and will pay him $4MM over three years.
- Jason Kidd (Knicks; three years, $9.09MM), Ian Mahinmi (Pacers; four years, $16MM), and Gerald Green (Pacers; three years, $10.5MM) all received fully-guaranteed contracts with no option years.
- The Nets' agreement with Reggie Evans is worth $5,086,905 over three years, and is fully guaranteed.
- Hasheem Thabeet's contract with the Thunder appears to be for more than the minimum salary. Deeks pegs the value at three years and $3.65MM, though only the first year and $500K of year two are guaranteed. Oklahoma City will be using either a portion of their mid-level or bi-annual exception for that deal.
- I would guess Thabeet's deal will come out of the MLE, since the Thunder are also using a portion of the mid-level on Hollis Thompson, who signed a three-year minimum-salary contract. Only $75K is guaranteed, however.
- Doron Lamb received a three-year, minimum-salary deal from the Bucks, with the third year nonguaranteed.