John Konchar‘s new deal with the Grizzlies, which will use part of the team’s mid-level exception, is guaranteed for the first two seasons, according to Keith Smith of Yahoo Sports (Twitter link). In 2022/23, only $840K of Konchar’s full $2.3MM salary is guaranteed, and his $2.4MM salary for ’23/24 is non-guaranteed, Smith adds.
Konchar was one of a handful of Grizzlies who signed a multiyear contract that isn’t fully guaranteed on the back end. As Smith explains (via Twitter), De’Anthony Melton‘s four-year contract, which has a descending structure, only has a partial guaranteed of $1.5MM on his $8MM salary for 2023/24.
Meanwhile, Jontay Porter, who got a three-year deal, has a partial guarantee of $300K on his $1.95MM salary for 2021/22, then has a non-guaranteed $2MM salary in ’22/23, per Smith (Twitter link). Porter’s contract also came out of Memphis’ MLE.
Here are a few more contract details from around the Western Conference, all courtesy of Smith:
- Kentavious Caldwell-Pope‘s new three-year deal with the Lakers is worth about $39.12MM in total and features exactly $30MM in guaranteed money. Only $4.89MM of $14MM is guaranteed in year three (Twitter link).
- Rodney Hood, who re-signed with the Trail Blazers, will earn $10.05MM in 2020/21 and then will have to be retained through June 23, 2021 in order to have his second-year salary of $10.85MM guaranteed (Twitter link).
- As expected, the three players who were signed-and-traded from the Pelicans to the Thunder for salary-matching purposes in the Steven Adams trade received three-year contracts with only the first year guaranteed. Zylan Cheatham ($1,445,697) and Josh Gray ($1,620,564) will make the minimum, while Kenrich Williams gets $2MM (Twitter links).