Four Players’ Salaries Become Fully Guaranteed

November 1 2013 at 11:30am CST By Luke Adams

Many players on non-guaranteed deals didn’t survive October’s roster crunch, and no longer find themselves under contract with an NBA team, but plenty of clubs are still carrying non-guaranteed players. The majority of those players will see their salaries for 2013/14 become fully guaranteed if they’re not cut on or before January 7th. However, a handful of players negotiated earlier guarantee dates, many of which arrived this week.

The most notable name in this group is Chris Smith, whose spot on the Knicks’ roster was questioned by rival agents. By earning a place among the 15 players New York carried into opening night, Smith is assured of a fully guaranteed salary, worth about $490K. The Knicks won’t necessarily have to keep him on their roster all season, but if they release him, he’ll still get paid.

Like Smith, Kyle O’Quinn of the Magic and Quincy Miller of the Nuggets were also on contracts that dictated they’d receive full guarantees if they made their respective teams’ opening night rosters. As second-year players, both O’Quinn and Miller will be in line for salaries worth about $789K.

James Anderson‘s contract with the Sixers didn’t include any details related to opening night, but the guarantee date for his 2013/14 salary was October 31st. Since Philadelphia didn’t release Anderson on or before Halloween, his salary of about $916K has become fully guaranteed.

In addition to the four players whose 2013/14 salaries are now fully guaranteed, Ryan Gomes also received a bump in his partial guarantee by making the cut with the Thunder. Having previously been guaranteed for $50K, that figure increased to $75K when Gomes wasn’t released on or before Thursday, the date of OKC’s first game.

As our schedule of guarantee dates shows, there are now believed to be just two dates prior to January when players’ salaries will become guaranteed. Maalik Wayns will receive his full salary from the Clippers if he’s not waived on or before December 1st, while Jannero Pargo will become fully guaranteed if he lasts beyond December 10th in Charlotte.

ShamSports was used in the creation of this post.

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