After receiving a trade bonus worth $2MM as part of the deal that sent him from Oklahoma City to New Orleans, Pelicans center Steven Adams will have a new 7.5% trade kicker on his two-year extension with his new team, tweets Eric Pincus of Bleacher Report. That kicker will give Adams a rare opportunity to potentially cash in on two trade bonuses between free agencies.
Meanwhile, Keith Smith of Yahoo Sports reports (via Twitter) that another new Pelicans center, Willy Hernangomez, will only have a partial guarantee on his new deal with the team. Hernangomez is assured of receiving at least $700K of his $1.74MM minimum salary for 2020/21, Smith notes.
Here are a few more notes on recently-signed contracts from around the NBA:
- Both years on Bol Bol‘s two-year contract with the Nuggets are fully guaranteed, tweets Eric Pincus. Denver used a portion of its mid-level exception to complete the $4.2MM deal.
- Dwayne Bacon‘s new two-year contract with the Magic is for the veteran’s minimum and will be non-guaranteed for 2021/22, tweets Keith Smith. If Bacon remains under contract for more than three days after 2021’s free agency moratorium ends, he’ll get that full guarantee on year two, Smith adds.
- While most of the two-way contracts that have been signed by players in the last week are only for one year, Sean McDermott’s deal with the Grizzlies will cover two years, tweets Smith.