Gabe Vincent Signs Three-Year Contract With Lakers

JULY 6: Vincent is officially a Laker, having formally signed his new contract, according to the team (Twitter link).

JUNE 30: Free agent point guard Gabe Vincent will leave the Heat for the Lakers, according to Shams Charania of The Athletic (Twitter link), who reports that Vincent has agreed to a three-year, $33MM contract with Los Angeles.

Miami, wary of increasing the team’s projected tax bill, had offered Vincent a three-year deal that started at $7.7MM, tweets Barry Jackson of The Miami Herald. The Lakers will give him an $11MM annual salary, presumably using a significant portion of their non-taxpayer mid-level exception.

The deal will be fully guaranteed with no player or team option on the third year, tweets Jake Fischer of Yahoo Sports.

Vincent, 27, began the 2022/23 season as rotation player off the Heat’s bench, but was elevated to the starting lineup in early February due to a Kyle Lowry injury. On the year, he averaged 9.4 PPG, 2.5 APG, and 2.1 RPG with a .402/.334/.872 shooting line in 68 regular season games (25.9 MPG).

Vincent held onto his starting job during the Heat’s run to the NBA Finals and played well in the postseason. Notably, he averaged 13.8 PPG and shot .438/.426/.909 in the Heat’s final two series vs. the Celtics and Nuggets, despite spraining his ankle vs. Boston.

Even after agreeing to sign Vincent, Los Angeles still has interest in bringing back point guard D’Angelo Russell, tweets Jovan Buha of The Athletic. However, Buha expects Vincent’s deal means that Dennis Schröder won’t be back with the team.

Vincent was the No. 23 free agent on our top-50 list.

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