It might be fair to say that not many people back out of deals with Mark Cuban, but over the last four years, he’s had two NBA contracts disintegrate from his hands. DeAndre Jordan backed out of an agreement with the Mavericks during the 2015 offseason – an event that caused a Twitter-Emoji party – and this offseason, Yogi Ferrell had a change of heart after initially making an agreement.
Dallas had reportedly told Ferrell that he’d occupy the backup shooting guard spot when he made the verbal agreement to re-sign with the club. It’s unclear the exact role the Ferrell will now play in Sacramento.
The combo guard will get a bump in salary on the Kings compared to what he would have received in the Mavs’ deal. Sacramento is paying him $6.2MM over two seasons, though the second year is not guaranteed. Dallas’ contract would have paid him $5.3MM over two years with the same stipulation on the second year of the deal.
“Cuban, he was the one that gave me my first opportunity in the league,” Ferrell said. “Coach [Rick] Carlisle is a great coach. When he first put me in, I’ll never forget my first practice he told me I was gonna start. The next day we were playing the Spurs, so everything was coming pretty quickly.
“I was fortunate they were able to put me in the position that they were in. There were no hard feelings.”