Contract Details: Gardner, Highsmith, Houstan, Jones, Two-Ways
Heat swingman Myron Gardner will receive a minimum salary ($395,029) for the rest of the 2025/26 season after being promoted from his two-way contract. However, Miami had to use a portion of its non-taxpayer mid-level exception in order to complete his deal, since it includes two additional years beyond this season.
Gardner’s second year features a partial guarantee of $500K, and he’ll receive his full minimum salary of $2,150,917 for 2026/27 if he remains under contract through January 7 next year, Hoops Rumors has learned. The third year of the deal is fully non-guaranteed, but the Miami wing would receive his full $2,525,901 salary if he isn’t waived on or before July 15, 2027.
Here are a few more details on the contracts recently completed around the NBA:
- Haywood Highsmith‘s two-year, minimum-salary contract with the Suns includes a $1MM partial guarantee for 2026/27, per Michael Scotto of HoopsHype (Twitter link). It also features language protecting the team in the event that the veteran wing re-injures his surgically repaired right knee, Hoops Rumors has learned.
- As expected, both Caleb Houstan of the Hawks and Spencer Jones of the Nuggets were unilaterally converted from their two-way contracts to rest-of-season, minimum-salary contracts rather than negotiating new deals. Houstan will be an unrestricted free agent at season’s end, while Jones will be eligible for restricted free agency.
- The two-way contracts recently signed by Tyrese Martin (Sixers), Trevor Keels (Heat), and Jeenathan Williams (Warriors) are each for one year, while Riley Minix‘s new two-way deal with the Cavaliers will cover two seasons, Hoops Rumors has learned.
Atlantic Notes: Embiid, Walker, Shamet, Knicks, Raptors
After missing the Sixers‘ last two games prior to the All-Star break due to right knee soreness, center Joel Embiid will remain inactive vs. Atlanta on Thursday, tweets Tim Bontemps of ESPN. While “right knee injury management” is still one of the designations for Embiid on Philadelphia’s injury report, he also experienced some right shin soreness during the All-Star break, according to the team.
Embiid will be reevaluated ahead of the Sixers’ back-to-back set in New Orleans and Minnesota on Saturday and Sunday, so it’s possible he won’t be facing an extended absence. Still, the fact that the big man is out again following a promising stretch in which he appeared in 18 of Philadelphia’s 22 games is a reminder that his health remains a question mark hanging over the club as the second half tips off, writes Tony Jones of The Athletic.
For what it’s worth, head coach Nick Nurse didn’t sound overly concerned when he discussed Embiid’s health after the former MVP took part in Wednesday’s practice.
“He was out there and he looked pretty good,” Nurse said before the 76ers ruled Embiid out for Thursday’s game. “He’s got a meeting shortly with the doctors, and I think we’ll know a little bit more about where he is. But, he was out there a little bit today, and he looked pretty good.”
Here’s more from around the Atlantic:
- Jabari Walker‘s new two-year, minimum-salary contract with the Sixers is partially guaranteed for $250K in 2026/27, tweets Keith Smith of Spotrac. Walker was officially promoted from his two-way deal to Philadelphia’s 15-man roster earlier today.
- Has Landry Shamet been the NBA’s best minimum-salary signing this season? James L. Edwards III of The Athletic suggests that players like Celtics center Neemias Queta and Raptors big man Sandro Mamukelashvili are also in that conversation, but presents the case for the Knicks guard, who has averaged a career-high 9.6 points per game while making 42.2% of his three-pointers.
- James Dolan, the CEO of Madison Square Garden Sports – the parent company of the Knicks and the NHL’s New York Rangers – stated on Wednesday that the company is considering splitting up the two franchises into separate publicly traded companies, per Mike Vorkunov of The Athletic. A source tells Taylor Herzlich of The New York Post that the possibility of separating the two teams isn’t related to a desire to sell either franchise or to take the companies private.
- Michael Grange of Sportsnet.ca considers five factors that could determine the Raptors‘ fate for the rest of the season, starting with the health of center Jakob Poeltl, who has been bothered by back issues all year. The trade sending out Ochai Agbaji earlier this month also means there should be more opportunities available for Toronto’s young wings in the coming weeks, Grange notes.
Suns Notes: Highsmith, Green, Booker, Brooks, Anthony
Although Haywood Highsmith‘s agent said earlier this month that his client was fully recovered from an offseason knee surgery and appeared on the verge of making his season debut, John Gambadoro of Arizona Sports 98.7 (Twitter link) hears that the Suns‘ newest swingman is still a few weeks away from playing in an NBA game.
Phoenix isn’t necessarily expecting a lot from Highsmith this season, according to Gambadoro, who suggests the team is taking a longer-term view on the 29-year-old after he signed a two-year contract that isn’t fully guaranteed in 2026/27.
As Gambadoro and his radio co-host Dave Burns said earlier this week (Twitter video link), the Suns may also consider Highsmith something of an insurance policy in the event that the team trades a wing like Royce O’Neale or Grayson Allen during the offseason. In that scenario, Phoenix would have an established veteran like Highsmith who could step into a larger role next season on a team-friendly deal.
Here’s more on the Suns:
- Health issues, including a nagging hamstring injury, limited Jalen Green to seven games in his first season a Sun, but he’s not on the team’s injury report as the second half begins, notes Duane Rankin of The Arizona Republic. “He’s in a good spot right now,” general manager Brian Gregory said of Green. “You know, injuries, unfortunately, are part of this league, and he’s done an unbelievable job. His spirit on a daily basis in terms of attacking the rehab, attacking the recovery, attacking the workouts has been spot on from day one.”
- Due to Green’s inconsistent availability, the Suns haven’t been able to take an extended look at the backcourt duo of Green and Devin Booker this season, but Gregory says he’s confident that the pairing can work long-term, as Rankin relays (via Twitter). “(Green’s) explosiveness, his ability to get to the basket, his feel for the game, I think those two guys together are going to form one of the best backcourts – if not the best – in the NBA as we move forward,” Gregory said. “Especially down the road as they get to play more and get a better feel for each other. But (Green) brings a lot of stuff that at times that we’re lacking. So I think his fit is going to be really, really good.”
- Dillon Brooks will sit out the Suns’ game in San Antonio on Thursday after being hit with an automatic one-game suspension for accumulating 16 technical fouls this season. Brooks would continue to receive one-game suspensions for every two techs he receives the rest of the way, but Gregory is optimistic that won’t happen. “He knows his technical situation,” the Suns’ GM said, per Rankin. “We’ve had plenty of sit-downs and talks. He also knows how important he is for us to be on the court. So, I think with that, I think he understands exactly where he’s at.”
- Veteran guard Cole Anthony, a trade deadline acquisition in a financially motivated deal, is still on the Suns’ roster, but he’s listed as “not with team” and there’s still an expectation that he’ll be waived sooner or later, says Rankin.
Nuggets Convert Spencer Jones To Standard Contract
February 19: Jones’ conversion to the Nuggets’ standard roster is official, per NBA.com’s transaction log.
February 18: The Nuggets will convert Spencer Jones‘ two-way contract to a standard deal covering the rest of the season, reports Shams Charania of ESPN (Twitter link).
Jones’ promotion to the 15-man roster had been expected long before he reached his limit of 50 active games earlier this month. With nearly all of Denver’s top players missing time due to injuries this season, Jones has emerged as an important part of the rotation, starting 34 games and averaging 23.6 minutes per night.
The second-year small forward has posted relatively modest numbers, including 6.0 points and 3.1 rebounds per game. However, he has been efficient on his limited shot attempts – 50.5% from the floor and 41.4% on three-pointers – and has provided solid, versatile defense on the wing for a team with championship aspirations.
Jones suffered a concussion on February 4 and missed the last three games before the All-Star break, which is one reason why he wasn’t promoted to Denver’s standard roster a little earlier. The Nuggets also likely would’ve preferred to work out a multiyear deal with the 24-year-old.
However, as Bobby Marks of ESPN points out (via Twitter), Denver had limited flexibility below the luxury tax line to offer Jones the sort of first-year salary that would make him comfortable adding a team-friendly second year to his new deal. The Nuggets were operating just $1.8MM below the tax.
As a point of comparison, the Sixers had to give two-way standout Dominick Barlow $3.4MM two weeks ago in order to include a second-year team option on his new contract.
Instead, it appears Denver will unilaterally convert Jones’ deal to a rest-of-season, minimum-salary contract, which will make him eligible for restricted free agency at season’s end. As Charania notes (via Twitter), if Jones makes seven more starts, he’ll meet the “starter criteria” for RFAs-to-be, making him eligible for a $5.9MM qualifying offer. It’ll be worth keeping an eye on whether the team lets him reach that 41-start threshold, since it would make his free agency a little more complicated for the cap-strapped Nuggets.
Denver has two openings on its 15-man roster, so it will still have one spot available after Jones is promoted, as well as a newly opened two-way slot.
Hoops Rumors Front Office Subscriber Chat Transcript: 2/19/2026
Hoops Rumors’ Arthur Hill held a live chat today exclusively for Trade Rumors Front Office subscribers. Topics included the Sixers' chances of avoiding the play-in tournament if Joel Embiid misses significant time due to injury, the Knicks' roster options for the rest of the season, Kristaps Porzingis' future with the Warriors, a possible solution to tanking and more!
Unfortunately, the chat was cut short due to technical issues, but they will be resolved in time for next week.
Hawks Convert Caleb Houstan To Standard Contract
February 19: The Hawks have officially converted Houstan to a standard deal after waiving Djurisic, the team confirmed today in a press release.
February 18: The Hawks are converting Caleb Houstan‘s two-way contract to a standard, rest-of-season deal, sources tell Shams Charania of ESPN (Twitter link).
A 2022 second-round pick who spent his first three NBA seasons in Orlando, Houstan signed an non-guaranteed Exhibit 10 contract with Atlanta and then had it converted to a two-way deal at the end of the preseason. Of the eight players whose Exhibit 10 deals were converted to two-ways before the season, Houstan will be the first one to be promoted back to a standard contract.
Houstan, 23, averaged 14.4 minutes per game in 168 outings for Orlando and made 37.2% of his three-point tries. However, he has played a very limited role for the Hawks, logging just 49 total minutes in 10 appearances.
Presumably, Atlanta envisions a more significant role at the NBA level for Houstan in the final two months of the season. The 6’8″ forward has spent most of the season in the G League, averaging 15.9 points, 4.4 rebounds, and 2.4 assists in 32.9 minutes per contest across 30 appearances. He has knocked down 37.5% of 9.1 three-point attempts per game for the College Park Skyhawks.
The Hawks have a full 15-man roster, so they’ll need to waive someone in order to open up a spot for Houstan. According to Michael Scotto of HoopsHype (Twitter link), the odd man out will be Nikola Djurisic, a 2024 second-round pick who signed his first NBA contract during the 2025 offseason but has yet to make his NBA debut.
Although Djurisic signed a three-year contract, only the first year was guaranteed, so Atlanta won’t carry any dead money on its books beyond this season as a result of waiving him.
And-Ones: Toppin, All-Star Saturday, Bailey, Storylines
JT Toppin, the standout junior forward at Texas Tech, has suffered an ACL tear in his right knee, the school announced in a press release. The injury, which occurred during Tuesday’s loss to Arizona State, will end Toppin’s season and jeopardize his availability for 2026/27 as well, given the typical recovery timeline for a torn ACL.
It’s a brutal blow for Toppin, who was a consensus second-team All-American last season and was in the conversation for NCAA Player of the Year in 2025/26. He had averaged 21.8 points, an NCAA-best 10.8 rebounds, 2.1 assists, 1.7 blocks, and 1.4 steals in 34.8 minutes per game through his first 25 outings this season.
Toppin was projected to be a second-round pick in the 2026 draft in the latest mocks published by ESPN and Bleacher Report, but the Red Raiders star may be in no hurry to go pro this spring as he embarks on an extended rehabilitation period.
Here are more odds and ends from around the basketball world:
- The NBA and NBC, the league’s new broadcasting partner for All-Star weekend, were happy with the changes made to Sunday’s event, according to Michael McCarthy of Front Office Sports. However, the network is expected to pitch ideas to the league to spice up Saturday’s festivities, as NBC Sports executive producer Sam Flood confirms. “On the NBC side, we’re thinking if there’s another element that could be added that would make Saturday even more of a showcase for the players,” Flood said. According to McCarthy, one option expected to be discussed is adding a fourth event such as a 1-on-1 or 2-on-2 tournament.
- Former second-round pick Amari Bailey, who is looking to become the first player to return to the NCAA after playing in NBA games, apparently hasn’t been discouraged by a recent court ruling against Charles Bediako. Bailey recently made a visit to Grand Canyon and is expected to visit additional schools in the coming weeks, according to Joe Tipton of On3 (Twitter link), who hears from the guard’s NIL representatives that over a dozen schools have expressed interest in him.
- Panels of NBA reporters at ESPN and The Athletic preview some of the most compelling storylines to follow in the second half of the 2025/26 season, including which teams will emerge as the biggest threats to stop the Thunder from repeating as champions and the most compelling award races. Meanwhile, ESPN’s Bobby Marks and Jeremy Woo look ahead to the 2026 offseason and predict which NBA subplots will dominate headlines this summer.
- Zach Harper of The Athletic checks in on this season’s frontrunners for All-NBA recognition and says Shai Gilgeous-Alexander, Nikola Jokic, Victor Wembanyama, Cade Cunningham, and Jaylen Brown would make up his first team right now.
Sixers Sign Tyrese Martin To Two-Way Contract
February 19: Martin’s two-way deal with the Sixers is now official, the club confirmed in a press release.
February 16: The Sixers are planning to sign Tyrese Martin to a two-way contract after they finalize their two-year deal for Jabari Walker, Derek Bodner reports for PHLY Sports (Twitter link).
Martin started the season with the Nets and made it through his contract guarantee deadline with the team in January, earning his full $2.2MM salary. However, he was subsequently waived in order to make room on the roster for the Nets to complete their Hunter Tyson trade with the Nuggets.
Over his last two seasons in Brooklyn, Martin appeared in 97 games, making 17 starts and averaging 8.2 points, 3.4 rebounds, and 2.0 assists in 20.7 minutes per night.
Martin’s addition will fill the Sixers’ available two-way spot alongside MarJon Beauchamp and Dalen Terry after Walker is elevated to the 15-man roster. If he officially signs by Wednesday, Martin will be eligible to be active for up to 16 regular season games for Philadelphia.
Sixers Sign Jabari Walker To Two-Year Deal
February 19: Walker’s promotion to the standard roster is official, the Sixers announced today in a press release.
February 16: The Sixers are signing forward Jabari Walker to a two-year deal, Shams Charania reports for ESPN (via Twitter).
Earlier this month, Walker became the first player on a two-way contract to reach his 50-game active game limit, which forced him to miss Philadelphia’s last four games heading into the All-Star break.
By trading Jared McCain for a draft pick and Eric Gordon for the draft rights to Justinian Jessup, the Sixers opened up spots to convert both Walker and Dominick Barlow to standard contracts. Barlow signed a two-year deal with a team option on February 5.
After spending his first three seasons with the Blazers, Walker joined the Sixers on a two-way contract and quickly won a bench role in coach Nick Nurse‘s rotation.
Still just 23 years old, Walker brings defensive versatility and intensity on the wing, though he has struggled with his shot, hitting just 27.0% of his threes this season.
The Sixers are also signing veteran point guard Cameron Payne to their 15-man roster. He and Walker will fill Philadelphia’s 14th and 15th roster spots, but the team will have enough room below the luxury tax line after finalizing those contracts to make another roster move at the end of the season if necessary, notes Yossi Gozlan of The Third Apron (via Twitter).
Kessler Edwards Signs With Hapoel Tel Aviv
February 19: Edwards has signed with Hapoel Tel Aviv for the rest of the season, the team announced today (via Twitter).
February 18: Free agent forward Kessler Edwards is nearing an agreement with the Israeli team Hapoel Tel Aviv, confirms Donatas Urbonas of BasketNews. The outlet ONE first reported that the two sides were progressing toward a deal.
Edwards, who made his NBA debut in 2021 after being drafted 44th overall out of Pepperdine, has appeared in a total of 178 regular season games for the Nets, Kings, and Mavericks. He became a regular contributor for an injury-plagued Dallas team last season, averaging 4.2 points and 2.9 rebounds in 15.2 minutes per game across 40 outings (18 starts), with a shooting line of .496/.407/.923.
However, Edwards – no longer eligible for a two-way deal – was unable to secure an NBA contract this season and has spent the year with the Grand Rapids Gold in the G League. In 30 contests for Denver’s NBAGL affiliate, the 25-year-old has averaged 14.1 PPG and 8.1 RPG in 33.6 MPG while shooting .502/.403/.781.
Hapoel Tel Aviv has been in the market for help at forward ahead of the EuroLeague’s player registration deadline. The team was linked to Nigel Hayes-Davis before he agreed to a deal with Panathinaikos and also had an eye on Dario Saric, per Johnny Askounis of Eurohoops. Both players were recently waived by NBA teams.
Hapoel Tel Aviv has a 16-11 record in EuroLeague play this season and is battling to hang onto its playoff spot. The team is currently sixth in the EuroLeague standings, but four clubs are just a half-game back at 16-12. In domestic league play, Hapoel Tel Aviv is 15-2 and is battling Maccabi Tel Aviv (15-1) for the Israeli League’s top seed.