JULY 6, 6:38pm: The Bucks’ deal with Ingles is now official, the team announced in a press release.
“Joe is a proven shot maker who will add great depth to our roster,” general manager Jon Horst said. “He is a terrific person and teammate who will fit in well with our team and community. We’re thrilled to welcome Joe and his family to Milwaukee.”
JULY 6, 2:29pm: The Bucks have issued a press release announcing their new deal with Carter and have also officially re-signed Matthews, per NBA.com’s transactions log. The Ingles signing figures to be formalized very soon.
JUNE 30, 6:04pm: Free agent forward Joe Ingles has agreed to a one-year contract with the Bucks worth $6.5MM, agent Mark Bartelstein tells Michael Scotto of HoopsHype (Twitter link). Ingles’ wife Renae first broke the news on Twitter.
The Bucks have also agreed to bring back a pair of their own free agents, agreeing to a one-year deal with swingman Wesley Matthews and a two-year pact with guard Jevon Carter, according to Shams Charania of The Athletic (Twitter links).
The $6.5MM salary for Ingles indicates he’ll be getting the team’s taxpayer mid-level exception. Carter’s deal will be worth $4.6MM over two years, with a player option on year two, tweets Michael Scotto of HoopsHype. That figure suggests Carter may be getting slightly above the veteran’s minimum using his Non-Bird rights.
It’s a somewhat surprising use of Milwaukee’s taxpayer mid-level exception, given that Ingles just underwent surgery on a torn ACL in February. The 34-year-old seems extremely unlikely to be ready to go by the fall and may not get back on the court until 2023. If and when he’s healthy though, he’ll be a nice fit for a Bucks team that could use his ball-handling, shooting, and defensive versatility.
As for Matthews and Carter, they played modest reserve roles for the Bucks in 2021/22, but should be useful depth pieces. Matthews, in particular, had a strong playoff run, starting all 12 of the Bucks’ postseason contests and making 40.0% of his threes.