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Eastern Notes: Wizards, Canaan, Nets

The Wizards let the remaining $2,252,089 of their Trevor Ariza trade exception expire Wednesday. The exception, gained when Washington signed-and-traded Ariza to the Rockets, was originally worth $8,579,089. The Wizards used most of that initial amount to acquire Kris Humphries and Ramon Sessions in separate deals. Here’s more from the Eastern Conference:

  • Markel Brown added another $50K in partially guaranteed money, now totaling $150K, to his $845,059 contract for the 2015/16 season when he remained on the Nets‘ roster through Wednesday, as the schedule of salary guarantee dates shows.
  • As a result of remaining on the Sixers‘ roster through Wednesday, Isaiah Canaan‘s 2015/16 salary of $947,276 became fully-guaranteed.
  • Quincy Miller picked up a $50K partial guarantee on his $981,348 salary this season with the Nets, courtesy of him sticking on the Nets‘ roster through Wednesday.
  • Forbes magazine estimated the value of the Nets to be $1.5 billion, which is a higher figure than the team’s internal valuation, which is $1.3 billion, Robert Windrem of NetsDaily relays (via Twitter).
  • Heat small forward James Ennis said that the combination of Miami’s packed frontcourt and his non-guaranteed deal has placed a significant amount of stress on him, Jason Lieser of The Palm Beach Post tweets. The 25-year-old made 62 appearances for the Heat last season, averaging 5.0 points, 2.8 rebounds, and 0.8 assists in 17.0 minutes per game.
  • Tobias Harris‘ four-year deal with the Magic will pay him $16MM this coming season, $17.2MM in 2016/17, $16MM in the third year, and $14.8MM during the 2018/19 campaign, Eric Pincus of Basketball Insiders tweets.

Chuck Myron contributed to this post.

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One thought on “Eastern Notes: Wizards, Canaan, Nets

  1. Chuck Myron

    I sincerely hope the Heat don’t make their call on retaining James Ennis based on his poor summer league performance. There aren’t enough games for a relevant sample size, and they play those games on a condensed schedule against mostly non-NBA competition.

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