Contract Details: Thomas, Harris, Len, Knicks

The three-year, minimum-salary deal that Khyri Thomas signed with the Pistons looks identical to the one fellow second-rounder Bruce Brown received from the club, as Eric Pincus of Basketball Insiders details. Both contracts include two guaranteed seasons with a non-guaranteed third year.

In giving Thomas three years instead of two, the Pistons had to once again dip into the mid-level exception. The team has now used that exception to sign Thomas, Brown, and Glenn Robinson, pushing its total MLE commitments to about $5.75MM. That figure exceeds the amount of the taxpayer mid-level, meaning Detroit will now be hard-capped at $129.817MM for the rest of the 2018/19 league year.

Teams become hard-capped when they acquire a player via sign-and-trade, use their bi-annual exception, or use more than the taxpayer portion ($5.337MM) of the mid-level exception.

Here are several more contract- and salary-related updates from Pincus:

  • Joe Harris‘ fully guaranteed two-year deal with the Nets is worth exactly $16MM, but it’s worth more in the first year ($8.33MM) than the second ($7.67MM), per Pincus.
  • The Hawks used nearly their entire room exception ($4.449MM) on Alex Len‘s two-year contract, which starts at $4.35MM. Len will earn a little less in year two, for a total value of $8.51MM (link).
  • Noah Vonleh and Kadeem Allen both signed one-year, non-guaranteed contracts with the Knicks, according to Pincus. Vonleh will be owed a $100K guarantee if he remains under contract through September 25.
  • Monte Morris‘ three-year pact with the Nuggets was originally reported as a $4.8MM deal, but Pincus classifies it as a minimum-salary contract, worth about $4.6MM. Morris received two guaranteed years, with the third-year salary set to become guaranteed if he remains under contract through June 30, 2020.
  • The Rockets and Thunder dipped into their taxpayer mid-level exceptions for rookie deals for Isaiah Hartenstein and Hamidou Diallo, respectively. Both are three-year, minimum-salary contracts, but Hartenstein only has one guaranteed year (link) while Diallo has two (link).
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2 thoughts on “Contract Details: Thomas, Harris, Len, Knicks

  1. I like when teams do the contracts going from more to less, instead of the usual less to more, at the end is the same money, but if anything goes wrong, is easier to trade a player if his contract is diminishing, is got more value a lessening contract with a rising cap is always a win win situation, right?

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