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Atlantic Notes: Bazley, Maxey, Herro, Tucker, Knicks

2023/07/atlantic-notes-bazley-maxey-herro-tucker-knicks.html

“They looked like they played hard and together. … Neubeck notes that moving Tucker for cap relief and/or a more athletic player could help the club.

Rockets Notes: Brooks, Whitmore, Smith, Samuels

2023/07/rockets-notes-brooks-whitmore-smith-samuels.html

Iko has the 20th overall pick listed behind Tari Eason as the backup small forward on his projected depth chart and says it's hard to predict how much he'll play as a rookie. … didn't have enough cap space to give him the kind of offer he wanted and wasn't willing to arrange a complex sign-and-trade like Houston did.

Kings’ McNair: Decision To Retain Roster Provides ‘Runway’ To Future Success

2023/07/kings-mcnair-decision-to-retain-roster-provides-runway-to-future-success.html

And it’s hard to do that when you have two all-NBA guys, right? Then you have Kevin Huerter and Harrison Barnes. … While many around the league suspected the Kings were gearing up for a major free agency acquisition entering July, Sacramento ended up largely using its cap space to retain its core.

Thunder Notes: Holmgren, Mann, Williams, Presti

2023/07/thunder-notes-holmgren-mann-williams-presti.html

“Not being able to play a game for a year, it’s really hard to test and see where you are. … Presti opted to use his cap room to collect more draft assets while taking on the contracts of Davis Bertans, Victor Oladipo and Rudy Gay.

NBA Teams With Hard Caps For 2023/24

2023/07/nba-teams-with-hard-caps-for-2023-24.html

The NBA doesn't have a "hard cap" by default, which allows clubs like L.A., Golden State, and Phoenix to build a significant payroll without violating NBA rules. … However, there are certain scenarios in which teams can be hard-capped.

How Teams Are Using 2023/24 Bi-Annual Exceptions

2023/07/how-teams-are-using-2023-24-bi-annual-exceptions.html

Additionally, using the BAE imposes a hard cap of $172,346,000 (the first tax apron) on a team. … The bi-annual exception is one of the tools available to NBA teams who are over the cap, giving those clubs the flexibility to offer free agents more than the minimum salary.

Mavs Notes: G. Williams, Kyrie, Holmes, Thybulle

2023/07/mavs-notes-g-williams-kyrie-holmes-thybulle.html

That gave the Mavericks a little extra flexibility under their hard cap for their offer sheet to Matisse Thybulle, which was matched by Portland. … The Mavs' team salary remains $10.9MM below that hard cap, according to MacMahon and Marks.

Mavs Acquire Grant Williams In Three-Team Sign-And-Trade

2023/07/mavs-landing-grant-williams-in-three-team-sign-and-trade.html

Dallas will be hard-capped at the first luxury tax apron due to the sign-and-trade, Stein notes. … ESPN's Bobby Marks has a detailed list of the cap complications from the deal (via Twitter).

Mavs To Sign Thybulle To Offer Sheet; Blazers Will Have Right To Match

2023/07/mavs-to-sign-thybulle-to-offer-sheet-blazers-will-have-right-to-match.html

With the Mavs poised to land Grant Williams in a sign-and-trade deal involving Reggie Bullock, team salary projects to be above the $172.3MM hard cap based on the salary figures reported for Thybulle and Williams, notes Yossi Gozlan of HoopsHype (Twitter link). … The Mavericks don't have any cap room available, but they haven't used any of their $12.4MM non-taxpayer mid-level exception, so their offer sheet for Thybulle will presumably come out of that figure.

Anthony Edwards Signs Five-Year Max Extension With Timberwolves

2023/07/timberwolves-anthony-edwards-agree-to-five-year-max-extension.html

"It's amazing to see where hard work can take you."… Wojnarowski reports that the deal can be worth up to $260MM, though that would hinge on Edwards making an All-NBA team in 2024 and the salary cap rising by the maximum 10% for the 2024/25 league year.

Trade Rumors: Maxey, Lillard, Jazz, Heat

2023/07/trade-rumors-maxey-lillard-jazz-heat.html

There's a reason they didn't go hard after Bradley Beal. … As Windhorst and Bontemps observe, while Philadelphia's plan not to sign Maxey to a rookie scale extension is ostensibly about maximizing cap room in 2024, he would also be easier to trade if he's not extended, since he wouldn't be subject to poison pill provision rules in 2023/24.

NBA Minimum Salaries For 2023/24

2023/07/nba-minimum-salaries-for-2023-24.html

An NBA team that has spent all its cap space and doesn't have any of its mid-level or bi-annual exception available still always has the ability to sign a player to a minimum-salary contract, unless that club is right up against its hard cap. … However, teams without cap room and without any other exceptions on hand can still use the minimum salary exception to add as many players as roster limits and the hard cap allow, for contracts of up to two years.

Knicks Sign Donte DiVincenzo To Four-Year Deal

2023/07/knicks-donte-divincenzo-agree-to-four-year-deal.html

As a result of using the non-taxpayer mid-level exception, the Knicks will be hard-capped at the $172.3MM tax apron in 2023/24. … The Knicks are over the cap, so they'll sign DiVincenzo using the mid-level exception.

Lakers Re-Sign Austin Reaves To Four-Year Contract

2023/07/lakers-to-re-sign-austin-reaves-to-four-year-contract.html

However, they'll have plenty of breathing room below the first tax apron ($172.3MM), which will be their hard cap for the season.

Values Of 2023/24 Mid-Level, Bi-Annual Exceptions

2023/07/values-of-2023-24-mid-level-bi-annual-exceptions.html

It's also not available to teams over the first tax apron -- using the BAE creates a hard cap at that apron. … It's not available to teams above the second tax apron, so a team that does use it becomes hard-capped at that second apron.

Spurs, Rockets Have Most Remaining Cap Room

2023/07/spurs-rockets-have-most-remaining-cap-room.html

The Kings, Jazz, and Pacers are among the other clubs that still project to have more than $10MM in cap room remaining, though Sacramento's and Indiana's figures are hard to pin down because they'll hinge on whether the teams complete their rumored trade involving Chris Duarte. … As we enter the first day of the NBA's 2023/24 league year, two Southwest rivals - the Spurs and Rockets - are the teams with the most projected cap room still available, according to ESPN's Bobby Marks (Twitter links) and Keith Smith of Spotrac (Twitter link).

Seth Curry Signs Two-Year Deal With Mavericks

2023/07/seth-curry-joining-mavericks-on-two-year-agreement.html

The club is currently about $9MM below the luxury tax line and $16MM below that hard cap. … This agreement with Curry will now hard-cap the Mavericks at the $172.3MM first tax apron, per Yossi Gozlan of HoopsHype (via Twitter).

Cavaliers Sign Georges Niang To Three-Year Contract

2023/06/cavaliers-georges-niang-agree-to-three-year-deal.html

Unless the Cavs work out a sign-and-trade agreement with Philadelphia, Niang's former team, this signing will come out of Cleveland's non-taxpayer mid-level exception and will hard-cap them at $172.3MM for the 2023/24 season.

Lakers Sign Taurean Prince

2023/06/lakers-to-sign-taurean-prince.html

Using the BAE will hard-cap the Lakers at the first tax apron ($172.3MM) in 2023/24.

Salary Cap, Tax Line Set For 2023/24 NBA Season

2023/06/salary-cap-tax-line-set-for-2023-24-nba-season.html

The first tax apron for the 2023/24 league year will be the hard cap for any team that acquires a player via sign-and-trade, signs a player using more than the taxpayer portion of the mid-level exception, signs a player using a bi-annual exception, or acquires more than 110% of the outgoing salary in a trade. … The second tax apron is the hard cap for a team that uses the taxpayer mid-level exception.

Western FA Rumors: D-Lo, Lakers, H. Jones, Suns, Warriors

2023/06/western-fa-rumors-d-lo-lakers-h-jones-suns-warriors.html

In that scenario, it's unclear whether the team would have enough room to re-sign Walker to a market-value deal as well while remaining below a hard cap.

2023 NBA Free Agency Primer

2023/06/2023-nba-free-agency-primer.html

Need a refresher on how sign-and-trades work, what it means to have "Early Bird rights" on a player, or how a team becomes hard-capped? We explain all in our glossary. … Our projections are based on a salary cap of $136,021,000.

Free Agent Rumors: Brown, Lakers, Bridges, Cavs, Heat, Love

2023/06/free-agent-rumors-brown-lakers-bridges-cavs-heat-love.html

As Buha details, there's a path for the Lakers to re-sign D'Angelo Russell, Austin Reaves, and Rui Hachimura while also using the full mid-level exception, which would hard-cap their team salary at approximately $172MM.

Kyrie Irving Expected To Meet With Suns?

2023/06/kyrie-irving-expected-to-meet-with-suns.html

Even moving Ayton wouldn't put the Suns in position to make a competitive sign-and-trade offer from Irving, since a hard cap would limit team salary to about $172MM. … Still, it's hard to see how the Suns could emerge as a legitimate threat for Irving unless he's willing to take a massive pay cut.

Top 50 NBA Free Agents Of 2023

2023/06/top-50-nba-free-agents-of-2023.html

There's no reason to think he won't be looking for $15MM+ annually again as a restricted free agent -- it will be fascinating to see how high the Lakers are willing to go, especially if they expect to trigger a hard cap. … And while a handful of opt-ins (James Harden and Josh Hart) and extensions (Nikola Vucevic, Harrison Barnes, and Naz Reid) in recent days have taken some notable names off the market, there are still dozens of available players whose decisions will reshape NBA rosters this summer.