Contract Details: Rockets, Tatum, Ibaka, Craig, Patterson

Sterling Brown‘s new deal with the Rockets is a one-year, minimum-salary contract that is fully guaranteed, according to Keith Smith of Yahoo Sports (Twitter link). That makes it one of the simpler, more straightforward deals Houston has finalized this week.

Newly-signed forwards Bruno Caboclo and Jae’Sean Tate, on the other hand, got multiyear contracts, but they both only have $50K guarantees for now, per ESPN’s Bobby Marks (Twitter link). Caboclo will have his 2020/21 salary fully guaranteed if he’s on the opening night roster, while Tate will get a $500K partial guarantee if he survives to the regular season opener, Marks writes.

While Caboclo has a two-year, minimum-salary deal, Tate’s three-year contract required the Rockets to dip into their mid-level exception and is worth more than the minimum in year one. As Smith details (via Twitter), Tate’s first-year salary will be $1,445,697 – typically the minimum for a player with one year of NBA experience – instead of the standard rookie minimum of $898,310.

Here are a few more new contract details:

  • Celtics forward Jayson Tatum got a 15% trade kicker on his new five-year, maximum-salary extension with Boston, while big man Serge Ibaka received a 15% trade kicker on his two-year contract with the Clippers, according to Keith Smith (Twitter links).
  • Torrey Craig‘s one-year deal with the Bucks is a guaranteed contract worth the veteran’s minimum, tweets Smith. That doesn’t come as a surprise, as Milwaukee had no exception money left besides the minimum for Craig.
  • Rather than re-signing him to a minimum-salary contract, the Clippers re-signed Patrick Patterson using his Non-Bird rights, giving him 20% more than the minimum, according to Bobby Marks (Twitter link). That means a one-year, $3.08MM contract for the veteran forward.
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10 thoughts on “Contract Details: Rockets, Tatum, Ibaka, Craig, Patterson

  1. Luckylefty2

    Ahahah I remeber the Sullivan(wtv his name is) dude saying that Craig was worth 30ms in the market. That was a great laugh.

    • Sillivan

      I thought Knicks would overpay the following 4 players but they did not

      Vanvleet 110 million
      Wood 3 year 60 million team option
      Craig 3 year 30 million team option

      It’s strange to me that Knicks did not trade away 3 unplayable young talents

    • seamaholic

      Wait until you see him play. He hustles but is such a bad offensive player that teams leave him wide open. He fouls like a mad man, especially jump shooters, and is much overrated as a defender. Best attribute is offensive rebounding.

  2. KnickerbockerAl

    Patterson and Ibaka are good signings for Clippers. Considering they blew it last yr. It’s going to be entertaining to see how they bounce back. If they do. Still think they are top team.

  3. harden-westbrook-mvps

    All of their signings so far make the Rockets payroll including all guaranteed and partly guaranteed contracts (plus Boogie and their 2nd round pick) add up to $136.1M which leaves them about $2.8M under the hard cap. Those combined salaries are for 13 players so they can add one more piece with the space remaining.

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