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Hoops Rumors Glossary: Proration

2024/03/hoops-rumors-glossary-proration-3.html

In the NBA, the most common examples of proration apply to players on non-guaranteed contracts who are waived before their salaries become guaranteed, or players who sign minimum-salary contracts partway through the season. … For instance, when Gibson signed a pair of 10-day contracts with the Knicks, he earned $183,704 on each deal (10/174ths of $3,196,448), with the team taking on a prorated cap hit of $116,075 in each instance (10/174ths of $2,019,706).

Knicks Re-Sign DaQuan Jeffries, Mamadi Diakite

2024/03/knicks-re-sign-daquan-jeffries-mamadi-diakite.html

Jeffries spent much of the past two seasons under contract with the Knicks on various two-way, 10-day, and non-guaranteed deals. … Jeffries and Diakite had been on 10-day contracts with New York, which expired over the weekend.

Hoops Rumors Glossary: Cap Holds

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The Pacers have about $89MM in guaranteed money committed to player salaries for 2024/25 -- or about $96MM if Tyrese Haliburton makes an All-NBA team. … One unusual case involves players on rookie contracts whose third- or fourth-year options are declined.

10 NBA Teams Likely To Sign Players In Coming Weeks

2024/03/10-nba-teams-likely-to-sign-players-in-coming-weeks.html

Even if a team has no intention of using a 15th man down the stretch or in the postseason, using that final roster spot to sign a prospect to a multiyear contract that includes no guaranteed money beyond this season is good business, increasing that club's roster flexibility heading into the offseason. … A total of 20 NBA teams currently have full standard rosters consisting of 15 players on contracts that run through at least the rest of the 2023/24 season.

Knicks To Sign DaQuan Jeffries To Second 10-Day Deal

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He was initially on a standard non-guaranteed contract, but was waived as part of a trade back in late December. … Jeffries didn't play in any games in 2022/23 with New York, but he was under contract the whole campaign --- initially on a two-way deal, and then a pair of 10-day contracts, before finally signing a multiyear deal.

Jazz Waive Otto Porter, Sign Kenneth Lofton

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to three-year contracts that are mostly non-guaranteed. … Since the Jazz have 14 players on standard contracts and a 15th -- Taevion Kinsey -- on a 10-day deal, they needed to cut someone to create roster space.

Hoops Rumors Glossary: Early Bird Rights

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These offers are also capped at four years rather than five, and the new contracts must run for at least two years -- the second season can be non-guaranteed, but can't be a team or player option.

Hoops Rumors Glossary: Bird Rights

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For example, let's say the Warriors were to waive Chris Paul this offseason before his $30MM salary for 2024/25 becomes guaranteed. … The most basic way for a player to earn Bird rights is to play for the same team for at least three seasons, either on a long-term deal or on separate one- or two-year contracts.

Pistons Sign Taj Gibson To 10-Day Deal

2024/03/pistons-taj-gibson-agree-to-10-day-deal.html

Gibson, 38, spent a portion of this season with the Knicks, having signed a non-guaranteed contract with the team in December. … The Pistons recently opened up a pair of roster spots by waiving Mike Muscala and Shake Milton, so they're only carrying 13 players on standard contracts.

Contract Details: Lawson, K. Brown, Forrest, Barlow, Bouyea, More

2024/03/contract-details-lawson-k-brown-forrest-barlow-bouyea-more.html

While Lawson's 2023/24 salary of $1MM - which is well above his prorated minimum - is guaranteed, he's not necessarily assured of any money beyond this season. … The new contracts for Hawks guard Trent Forrest and Spurs forward Dominick Barlow are just rest-of-season, minimum-salary deals, which suggests that those two players just got standard conversions from their two-way contracts rather than negotiating new terms.

Contract Details: Omoruyi, Wilson, Freeman-Liberty, Bolden

2024/03/contract-details-omoruyi-wilson-freeman-liberty-bolden.html

Omoryui's 2024/25 salary is worth the minimum and is non-guaranteed for the time being. … Here are a few more details on recently signed contracts from around the NBA:

Suns Sign Ish Wainright To Two-Way Contract

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However, his non-guaranteed minimum-salary contract was released before the 2023/24 season began due to a roster crunch, and he was claimed off the waiver wire by the Trail Blazers. … As Gerald Bourguet of PHNX Sports observes (Twitter link), the Suns currently have three players -- the maximum allowed -- on two-way contracts, but a report last week indicated Saben Lee was a strong candidate to be converted to a standard deal.

Lakers Sign Harry Giles To Two-Way Contract

2024/03/lakers-harry-giles-agree-to-two-way-contract.html

He signed a non-guaranteed, minimum-salary contract with the Nets, earning a spot on the team’s regular season roster and then having his full salary guaranteed when he remained on the roster through January 7. … As our glossary entry on two-way contracts shows, in the 2023 CBA, the league and the players’ union agreed to implement what is informally known as the "Harry Giles rule." Prior to signing with Brooklyn, Giles had been on an NBA roster for four seasons, but missed the entirety of his 2017/18 rookie year due to an injury, so he had only actually played in an NBA regular season game in three separate seasons.

Contract Details: Bitim, Evbuomwan, Funk, Spencer, Hagans, Goodwin

2024/02/contract-details-bitim-evbuomwan-funk-spencer-hagans-goodwin.html

The three-year deal is guaranteed for the rest of this season but is non-guaranteed in years two and three, Scotto notes. … Conversely, the two-way contracts that Ashton Hagans signed with the Trail Blazers and Jordan Goodwin signed with the Grizzlies are both just rest-of-season deals, Hoops Rumors has learned.

Grizzlies Release Gilyard, Sign Goodwin To Two-Way Deal

2024/02/grizzlies-release-gilyard-sign-goodwin-to-two-way-deal.html

Instead of converting him to a standard deal and having to waive someone on a guaranteed contract, they decided to cut Gilyard, who averaged 4.7 points and 3.5 assists while shooting 42.5% from deep in 37 games this season (17.7 minutes). … Players on two-way contracts can only be active for 50 NBA games in a season.

Rest-Of-Season NBA Dates, Deadlines To Watch

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Playoff teams will want to make sure they have as much veteran depth as possible, just to be safe, while lottery teams will look at signing younger players to multiyear deals that include little to no guaranteed money beyond this season in order to get a longer look at them in the summer. … In the 15 days since the trade deadline, 11 players have signed new two-way contracts.

Stein’s Latest: Thompson, Magic, Warriors, Caruso, Hawks, More

2024/02/steins-latest-thompson-magic-warriors-caruso-hawks-more.html

While it's hard to imagine Thompson ending up with the Magic, they're well positioned to put some pressure on the Warriors -- with Markelle Fultz and Gary Harris on expiring contracts and Joe Ingles, Moritz Wagner, and Jonathan Isaac not on guaranteed contracts for 2024/25, Orlando could generate a significant amount of cap room in the offseason.

Several Two-Way Players Nearing Active Game Limit

2024/02/several-two-way-players-nearing-active-game-limit.html

Atlanta at least has some viable release candidates on its roster -- for instance, veterans Patty Mills and Wesley Matthews haven't played much and aren't owed guaranteed money beyond this season. … Several two-way players have been promoted to standard contracts recently, eliminating those games-played limits.

Heat Notes: Adebayo, Lowry, Roster Spot, Highsmith

2024/02/heat-notes-adebayo-lowry-roster-spot-highsmith.html

Jackson notes that under the old rules, Adebayo would have a decent chance at landing one of the three center spots, considering that Joel Embiid will miss the 65-game requirement and Anthony Davis and Kristaps Porzingis aren't guaranteed to reach that mark either. … Miami is expected to fill its 15-man roster opening soon to avoid reaching the 90-game combined limit for its players on two-way contracts, Jackson adds.

Adam Silver Talks 65-Game Rule, All-Star Game, Mexico City, IST

2024/02/adam-silver-talks-65-game-rule-all-star-game-mexico-city-ist.html

"In a league where contracts are fully guaranteed, there’s no reduction in salary for a player who doesn’t make the playoffs or plays a reduced number of games, whether it’s because they were injured or because rest was appropriate for some of those games.

Hoops Rumors Glossary: Buyouts

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Then, once the player clears waivers, his guaranteed salary with his previous team will be reduced or eliminated altogether. … So far this season, we've seen three point guards - Ricky Rubio, Kyle Lowry, and Delon Wright - and big man Daniel Theis agree to buyouts, surrendering a portion of the guaranteed money left on their respective contracts.

Pacers Re-Sign James Johnson

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He originally inked a non-guaranteed minimum-salary contract on December 15, but was waived to accommodate the trade for Pascal Siakam a month later. … Johnson has now signed four separate contracts with Indiana since the 2023/24 season began.

Nets Waive Jordan Goodwin

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Goodwin was on a minimum contract with a partially guaranteed team option for next season. … After waiving Goodwin, the Nets will have 14 players on standard contracts and two players on two-way deals, giving them two open roster spots in total (one standard, one two-way).

Pistons Trade Bojan Bogdanovic, Alec Burks To Knicks

2024/02/pistons-to-trade-bojan-bogdanovic-alec-burks-to-knicks.html

Burks, 32, is an impending unrestricted free agent, while Bogdanovic's $19MM salary for 2024/25 is only partially guaranteed for $2MM. … Flynn cannot be aggregated with other salaries in a trade, but the outgoing contracts of Grimes, Fournier and Arcidiacono are just enough to cover the money owed to Bogdanovic and Burks.

Scotto’s Latest: Jones, Wright, Wizards, Hyland, Tucker, Hawks

2024/01/scottos-latest-jones-wright-wizards-hyland-tucker-hawks.html

While the Wizards have also reportedly set high asking prices for Kuzma and Gafford, who are under contract for multiple seasons beyond this one, Wright and Shamet - who aren't owed guaranteed money beyond this year - appear more attainable. … Most buyout candidates are on expiring contracts, whereas Tucker's deal includes an $11.54MM player option for next season.

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