Recap Of Non-Guaranteed Contract Decisions

February 24 was a key date for the NBA players who were on non-guaranteed contracts for the 2020/21 season. While their salaries won’t technically become guaranteed until February 27, the players who remained under contract through 4:00pm central time on Wednesday are now assured those guaranteed salaries. If released today, they wouldn’t clear waivers by the start of February 27, so they’ve survived the cut.

While several players with non-guaranteed contracts were released in recent days, most are now safe. We’ll use the space below to break down those decisions from around the league.

The following players will have their non-guaranteed 2020/21 salaries become fully guaranteed on Saturday:

The following players were waived within the last few days before their salaries could become fully guaranteed. Their dead-money cap hits are noted:

Some of these players remain on waivers, so their salaries technically could still become fully guaranteed – and their cap hits could be fully removed from their old teams’ books – if they’re claimed by a new team.

Salary information from Basketball Insiders was used in the creation of this post. Photo courtesy of USA Today Sports Images.

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4 thoughts on “Recap Of Non-Guaranteed Contract Decisions

  1. mcmillankmm

    Wouldn’t the cap hits already incurred remain with the previous team? And then the new team would only be responsible for the remaining salary? If Quinn Cook has already been paid $797k by the Lakers then why would a team claiming him have a cap hit that was already paid by the Lakers?

    • Luke Adams

      The new team is only responsible for paying the remaining salary, but they do take on the full cap hit. Not sure what the thinking behind the rule is, but it may be related to disincentivizing waiver claims for taxpaying teams (since their end-of-season tax bill is based on cap numbers).

  2. Sillivan

    Same concept

    My understanding

    If Knicks trade Frank NT, Knox and Gibson for Drummond (Knicks give up &14 million salary for Drummond $28 million), Knicks cap hit is $28 million regardless how much Cavs have paid Drummond

    • x%sure

      But they would be relieved of the ex-Knick salaries and have cap room for the increase.

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