The Heat found a creative way to pad the contracts of their offseason signees, Ira Winderman of the Sun-Sentinel writes, by loading the deals with impressive bonuses and incentives. Dion Waiters, for example, can net over $1M in addition to his traditional $11M deal by simply appearing in 70 or more games this season.
While Waiters only appeared in 46 contests last year, thereby making this an “unlikely” incentive, he played in 70-plus in each of the four seasons prior to 2016/17. Other sorts of bonuses offered include one that would reward Kelly Olynyk should the Heat make the playoffs and another that would sweeten James Johnson‘s deal provided he meets certain body-fat measurement requirements.
Such contractual maneuvers aren’t new for the franchise, Winderman writes, noting that the Heat employed similar tactics, tying routine weigh-ins to retired point guard Tim Hardaway‘s deals.
Incentives are officially classified as “unlikely” if the condition was not met in the previous season. Unlikely incentives do not count toward a team’s salary cap at the time of the signing but they do at the end of the season if the conditions are met. This allowed the Heat flexibility to successfully juggle their returning free agents.
There’s more from the Southeast Division:
- The Wizards decided this offseason to stick with their plan of gradually developing their young core, Shaun Powell of NBA.com writes. While they may have been able to skip the line in the East by going out and acquiring an additional star, the Wizards’ patience could pay off in the long run.
- A healthy Ian Mahinmi will eat into Marcin Gortat‘s role with the Wizards, Chase Hughes of CSN Mid-Atlantic writes. At the end of last season, Gortat expressed doubt about his future in Washington, though he said last month that he’s fully committed to the franchise.
- Without being asked, head coach Steve Clifford has reiterated that Michael Kidd-Gilchrist will start at small forward for the Hornets, Tom Sorensen of the Charlotte Observer writes. Concern over the 23-year-old’s offense has some wondering if he may be better suited for a reserve role.