Sixers Sign Ricky Council IV To Four-Year Contract
2024/04/sixers-converting-ricky-council-iv-to-standard-contract.htmlThe exact details of Council's contract - which will come out of Philadelphia's mid-level exception - are unclear. … Council is now eligible for the playoffs under his new standard contract and at 22 years old, he has room to develop as an inexpensive rotation option for the Sixers down the line.
Wizards Sign Jared Butler To Three-Year Deal
2024/04/wizards-jared-butler-agree-to-three-year-deal.htmlThe Wizards will use a portion of their mid-level exception to give him a deal that covers more than just two seasons. … 2:33pm: The Wizards intend to waive Livers to make room on the roster for Butler, confirms Josh Robbins of The Athletic (Twitter link).
Bulls Sign Javonte Green, Waive Terry Taylor
2024/04/bulls-sign-green-to-standard-contract-waive-taylor.htmlChicago used a hardship exception to sign Green to a 10-day contract on March 23, but needs to clear a 15-man roster spot in order to sign him to a rest-of-season deal. … To make room for him, the team has waived forward Terry Taylor.
Checking In On 10-Day Contracts
2024/03/checking-in-on-10-day-contracts-6.htmlSince he was signed using a hardship exception, the only way for Jarreau to remain with Memphis beyond Friday would be for the team to waive one of its 15 players on standard contracts to make room on the roster to sign him for the rest of the season, which likely isn't happening.
Bulls Notes: White, Green, Caruso, Terry
2024/03/bulls-notes-white-green-caruso-terry.htmlThe Bulls used the hardship exception to sign Javonte Green to a 10-day contract on Saturday, Cowley confirms in a separate story. … Caruso walked to the locker room after getting tangled up with Boston's Al Horford with 6:54 left in the second quarter, but he was able to return and played through discomfort in the second half.
Hoops Rumors Glossary: Cap Holds
2024/03/hoops-rumors-glossary-cap-holds-8.htmlHowever, doing so means the team will no longer hold any form of Bird rights for those players — if the team wants to re-sign those free agents, it would have to use its cap room or another kind of cap exception. … However, even though next season's salary cap is expected to come in at $141MM, Indiana won't begin the 2024 offseason with $45MM in cap room to spend.
2024 Free Agent Stock Watch: Central Division
2024/03/2024-free-agent-stock-watch-central-division.htmlGiven the Cavs' salary cap situation, I don't expect him to receive much more than the mid-level exception, which is projected to be worth about $13.8MM annually on a four-year deal. … The Pacers will have cap room and Smith's Early Bird rights if they want to bring him back.
Teams Have Used 2023/24 MLEs More During Season Than In Offseason
2024/03/teams-have-used-2023-24-mles-more-during-season-than-in-offseason.htmlThe mid-level exception - which is available to over-the-cap teams whose salaries are below the second tax apron - and the room exception - available to teams that operated under the cap and used up their cap space - are typically viewed as tools to upgrade a roster during the offseason. … The Knicks used most of their mid-level exception on Donte DiVincenzo.
Northwest Notes: SGA, Bazley, I. Thomas, R. Jackson
2024/03/northwest-notes-sga-bazley-i-thomas-r-jackson.htmlBazley will make $500K the rest of this season via Utah's room exception, with various trigger dates on non-guaranteed minimum salaries in 2024/25 and '25/26.
Southeast Notes: Micic, Wizards, Vukcevic, Jovic, Herro
2024/03/southeast-notes-micic-wizards-vukcevic-jovic-herro.htmlA league source tells Keith Smith of Spotrac (Twitter link) that the 21-year-old big man received $2,424,892 for the remainder of 2023/24 via the mid-level exception, and Washington holds a team option at the same rate for '24/25. … We have a lot of injured players and it’s something that opened a lot of room for me in terms of minutes.
Northwest Notes: Lofton, Thunder, Porter, Holiday, Billups
2024/03/northwest-notes-lofton-thunder-porter-holiday-billups.htmlThe Jazz used a portion of their room exception to sign Kenneth Lofton Jr.
Hoops Rumors Glossary: Non-Bird Rights
2024/03/hoops-rumors-glossary-non-bird-rights-7.htmlTeams are eligible to sign their own free agents using the Non-Bird exception for a salary starting at 120% of the player’s previous salary, 120% of the minimum salary, or the amount of a qualifying offer (if the player is a restricted free agent), whichever is greatest. … Indiana used its cap room to give Brown a $22MM starting salary, easily topping Denver's maximum offer.
Hoops Rumors Glossary: Early Bird Rights
2024/03/hoops-rumors-glossary-early-bird-rights-7.htmlOther salary cap exceptions are available for teams to keep players who don’t qualify for Bird rights. … In order to match or exceed that number, Detroit would have had to use cap room -- having Wood's full Bird rights would've allowed the Pistons to make a far more substantial offer without requiring cap space.
Grizzlies Sign DeJon Jarreau To 10-Day Deal
2024/03/grizzlies-dejon-jarreau-agree-to-10-day-deal.htmlThe Grizzlies have a full 15-man roster, with Wenyen Gabriel also under contract via the hardship exception. … Unless the Grizzlies expect one of those players back within the next couple weeks, they could qualify for up to three hardship additions -- Jarreau will be the club's second hardship addition, Wojnarowski confirms, so no corresponding cut will be necessary to make room for him.
Hoops Rumors Glossary: Bird Rights
2024/03/hoops-rumors-glossary-bird-rights-6.htmlThe Bird exception, named after Larry Bird, is a rule included in the NBA’s Collective Bargaining Agreement that allows teams to go over the salary cap to re-sign their own players. … It's worth noting that while the Raptors could restart Koloko's Bird clock by re-signing him, they wouldn't be able to use any form of Bird rights to add him to their roster this offseason -- they would have to use cap room or another exception to do so.
Contract Details: Lawson, K. Brown, Forrest, Barlow, Bouyea, More
2024/03/contract-details-lawson-k-brown-forrest-barlow-bouyea-more.htmlThe three-year contract that Kendall Brown signed with the Pacers features a starting salary of $1.1MM, which came out of the team's room exception. … The Mavericks used a portion of their non-taxpayer mid-level exception to give A.J.
Pacers Promote Kendall Brown On Three-Year Contract
2024/03/pacers-to-promote-kendall-brown-on-three-year-contract.htmlThe club will use a portion of its room exception to complete the deal.
Nets, Jalen Wilson Finalize Three-Year Contract
2024/03/nets-jalen-wilson-agree-to-three-year-contract.htmlBrooklyn will use a portion of its mid-level exception in order to sign Wilson to a contract exceeding two seasons. … The Nets have an open spot on their 15-man roster, so no corresponding move will be required to make room for Wilson.
Rest-Of-Season NBA Dates, Deadlines To Watch
2024/02/rest-of-season-nba-dates-deadlines-to-watch-3.htmlLast day to use a disabled player exception. … A team with cap room can renegotiate a player's current-year salary to give him a raise as part of a contract extension.
Delon Wright Bought Out By Wizards, Plans To Sign With Heat
2024/02/delon-wright-agrees-to-buyout-with-wizards-plans-to-sign-with-heat.htmlMiami is permitted to sign Wright despite being over the first tax apron because his pre-waiver salary was less than this season's non-taxpayer mid-level exception ($12.4MM). … The Heat have an open spot on their 15-man roster, so no corresponding move will be necessary to make room for Wright.
Suns Sign Thaddeus Young
2024/02/suns-to-sign-thaddeus-young.htmlDue to a new rule related to the buyout market, Phoenix is ineligible to sign a player cut during the…… The Suns have two open spots on their 15-man roster after trading away four players at the deadline for O'Neale and David Roddy, so no corresponding move will be necessary to create room for Young.
Hoops Rumors Glossary: Buyouts
2024/02/hoops-rumors-glossary-buyouts-4.htmlIf a team doesn't have the cap room available to fit a waived player's salary, that team needs a trade exception or disabled player exception big enough to accommodate that player's salary. … No club has enough cap room or a cap exception big enough to place a claim on the guard.
Spencer Dinwiddie Signs With Lakers
2024/02/spencer-dinwiddie-plans-to-sign-with-lakers.htmlAs we pointed out, the Lakers have about $1.5MM left of their prorated mid-level exception, since they didn't sign Gabe Vincent to the full MLE. … Cap expert Yossi Gozlan observes the Lakers will have plenty of room beneath the tax apron for other signings, if they so choose (Twitter link).
Kings Sign Keon Ellis To Three-Year Deal
2024/02/kings-keon-ellis-agree-to-three-year-deal.htmlAs cap expert Yossi Gozlan points out (via Twitter) that figure suggests Sacramento used the remainder of its room exception on Ellis, with minimum salaries in years two and three. … In order to sign Ellis to a contract exceeding two years, the Kings figure to use a leftover portion of their room exception.
Grizzlies Sign GG Jackson To Four-Year Deal
2024/02/grizzlies-gg-jackson-agree-to-four-year-deal.htmlThe Grizzlies figure to use a portion of their mid-level exception to sign Jackson to his new deal.… FEBRUARY 9: The Grizzlies officially announced their new deal with Jackson, confirming in a press release that Metu has been waived to make room on the 15-man roster for Jackson's promotion (Twitter link).