Contract Details: Gee, Frazier, M. Miller, Canaan

When the Pelicans re-signed Alonzo Gee, it appeared that they gave him a minimum-salary deal, which would have been worth $1,315,448. However, according to Eric Pincus of Basketball Insiders (via Twitter), Gee’s one-year deal is actually worth $1.4MM. It’s a curious move for New Orleans, one with no obvious explanation — a minimum-salary pact for Gee would have only cost the Pelicans a cap hit of about $980K, so the $85K pay bump for the veteran forward actually costs the team over $400K.

Gee had previously declined a player option for the 2016/17 season with the Pelicans. If he had exercised that option, he would have earned $1,379,400 for the upcoming year, so perhaps New Orleans agreed to give him a slight raise to allow him to save face on that decision.

Here are several more contract details on recently-signed contracts, via Pincus:

  • The Pelicans used a portion of their room exception to complete Tim Frazier‘s two-year, $4.09MM deal, tweets Pincus. The signing leaves New Orleans with $808K still available on that room exception. Pincus also notes that the Pelicans renounced Frazier’s qualifying offer before re-signing him, technically making him an unrestricted free agent, rather than an RFA.
  • When Terrence Jones agreed to sign with the Pelicans, it was expected to be a minimum-salary deal unless the club could create more cap room to give him some extra money. That didn’t end up happening, so Jones got the minimum, says Pincus (via Twitter).
  • Initially reported to be worth $5MM over two years, Mike Miller‘s two-year pact with the Nuggets is actually for $7MM, according to Pincus (via Twitter). However, the second year is fully non-guaranteed.
  • Brandon Paul received a two-year, minimum-salary contract from the Sixers that includes a $155K guarantee in year one, per Pincus (Twitter links). Philadelphia holds a team option on year two, which will be non-guaranteed even if the team picks up that option.
  • Pincus provides details on a couple more minimum-salary contracts with partial guarantees, reporting (via Twitter) that D.J. Stephens got $35K from the Grizzlies, while Isaiah Canaan will have a $200K guarantee from the Bulls for 2017/18 — Canaan’s 2016/17 salary is fully guaranteed.

Leave a Reply

Your email address will not be published. Required fields are marked *

 Notify me of followup comments via e-mail.

You can click here to Subscribe without commenting

dziennika egzotyczny pieścić medycyny centrum medyczne zdrowie Denver

Get the hottest NBA news and rumors before anyone else! Follow us on Twitter to stay updated: