Contract Details: Bulls, Cavs, Mavs, Nuggets

July 17 2013 at 8:37am CST By Luke Adams

In addition to new contracts being finalized and signed, there are a few more cap details worth keeping an eye on throughout July. We won't be updating our traded player exceptions list to reflect all the latest deals until the dust has settled a little and each move has been officially completed, but as our list shows, the Bulls had their $5MM Kyle Korver TPE expire overnight.

There are also a number of 2013/14 salaries becoming guaranteed this month, including Kyle Lowry and Lance Stephenson earlier this week. Mavericks second-year big man Bernard James also appears to be guaranteed for the coming year, since he wasn't waived by July 15th, per Mark Deeks of ShamSports.com.

Here are a few more of the latest contract and cap details worth noting, courtesy of Eric Pincus of HoopsWorld:

  • Mike Dunleavy's two-year deal with the Bulls is worth the team's full mini mid-level exception, for a total of about $6.51MM. Meanwhile, Chicago second-round pick Erik Murphy gets a two-year, minimum-salary that's not fully guaranteed for either season.
  • The Bulls also used the stretch provision on Richard Hamilton, allowing the team to spread his guaranteed $1MM over the next three seasons (Twitter link).
  • The Cavaliers signed Jarrett Jack for a flat $6.3MM per season, while Earl Clark received a flat $4.25MM per year (Twitter links).
  • Jose Calderon's starting salary with the Mavericks is $6,791,570 (Twitter link). With annual 4.5% raises, that works out to exactly $29MM over four years. Additionally, Gal Mekel's three-year contract with the team is for the minimum and is fully guaranteed.
  • J.J. Hickson gets the full mid-level for three years from the Nuggets, which works out to about $16.15MM overall.
  • Two players who were involved in the same sign-and-trade transaction have had their numbers confirmed. Randy Foye receives $3MM from the Nuggets in each of his first two seasons before a $3.135MM 2015/16 salary, which isn't fully guaranteed. Andre Iguodala, meanwhile, signed with the Warriors for exactly $48MM over four years, but his salaries will decrease from $12.87MM this season to $11.13MM in the fourth season (Twitter link).
  • For the record, that gap between Iguodala's and Foye's first-year salaries should represent the value of the trade exception created by Denver: $9,868,632. I wonder if Iguodala's salary starts so high in part to help the Nuggets create a larger TPE.
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