Contract Details: Butler, World Peace, Suns

March 31 at 9:38am CST By Chuck Myron

Mark Deeks has updated his salary databases at ShamSports, and, as usual, he’s revealed several nuances about the latest contracts signed around the NBA. We’ll pass along the details we hadn’t previously heard about here:

  • Caron Butler gave up $1MM in his buyout deal with the Bucks. He signed for that same amount for the remainder of this season with the Thunder, who dipped into their mid-level exception to accommodate Butler’s $1MM salary.
  • Metta World Peace gave up $305,166 of this season’s $1.59MM salary in his buyout deal with the Knicks. All contracts with player options include a clause indicating whether or not the player receives the money for his option year in the event that he’s waived before deciding on the option. It looks as if the clause in World Peace’s deal stated that he would not receive the option-year pay, since Deeks doesn’t list any of World Peace’s $1,931,550 salary for 2014/15 on New York’s books.
  • Shavlik Randolph‘s contract with the Suns includes a non-guaranteed year for 2014/15, rather than a team option, as we suspected.
  • If the Hawks exercise their team option on the fourth season of Mike Muscala‘s deal, the contract will nonetheless remain non-guaranteed until the leaguewide guarantee date. It’s similar to the structure of the contracts a handful of Sixers have, including recent signee Jarvis Varnado.
  • Chris Johnson also has such a deal with the Celtics, although there are a pair of guarantee dates attached to the third and fourth seasons. The third year becomes fully guaranteed providing he’s not waived on or before September 1st, 2015, and the fourth year becomes fully guaranteed if he’s not waived on or before September 1st, 2016.
  • The Celtics also arranged for a couple of guarantee dates on Phil Pressey‘s three-year contract. Next season is non-guaranteed if he’s waived on or before July 15th, but if the Celtics keep him beyond that date, it’s fully guaranteed. The same happens for the third year of the deal on July 15, 2015.
  • The Rockets have a team option on Troy Daniels worth the minimum salary for next season.
  • Luke Babbitt‘s two-year deal with the Pelicans is for the minimum salary. Next season isn’t guaranteed, but it becomes partially guaranteed for $100K if he isn’t waived on or before July 22nd.
  • The Magic used cap room to sign Dewayne Dedmon to a three-year contract that gives him $300K for the rest of this season, slightly more than what he would have made on a prorated minimum-salary deal. Dedmon is set to make the minimum salary in the other two seasons covered in the pact. Next season is non-guaranteed if he’s waived on or before opening night, when it becomes partially guaranteed for $250K. The final season is non-guaranteed if he’s waived on or before August 1st, 2015, when it becomes fully guaranteed.
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