Knicks Sign Donte DiVincenzo To Four-Year Deal
2023/07/knicks-donte-divincenzo-agree-to-four-year-deal.htmlThe Knicks are over the cap, so they'll sign DiVincenzo using the mid-level exception. … That move will help open up additional room below the luxury tax, allowing New York to give more of its mid-level to DiVincenzo.
Rockets Sign Jock Landale
2023/07/rockets-to-sign-jock-landale.htmlBarring a sign-and-trade, it looks like Landale will be signed into the Rockets' cap room.
Rockets Acquire Dillon Brooks In Five-Team Deal
2023/07/rockets-nearing-deal-with-dillon-brooks.html6:04pm: The Rockets will acquire Brooks via sign-and-trade, generating a trade exception for the Grizzlies, Wojnarowski confirms (via Twitter). … While Houston has the cap room necessary to sign Brooks outright, the team has been engaged in trade talks around the league, according to Charania, who says a sign-and-trade with the Grizzlies is a possibility if the Rockets reach a deal with the veteran forward.
Magic Re-Sign Moritz Wagner
2023/07/magic-to-re-sign-moritz-wagner.htmlOrlando could also still choose to operate as an over-the-cap team this season, since Joe Ingles' reported two-year, $22MM deal would fit into the mid-level exception. … Because Moritz has a minimum-salary cap hold and full Bird rights, the Magic will be able to use up all their cap room before going over the cap to complete his deal, tweets Yossi Gozlan of HoopsHype.
Knicks Trade Obi Toppin To Pacers
2023/07/knicks-pacers-finalizing-obi-toppin-trade.htmlHowever, the move will help create some additional spending flexibility below the tax apron for the club, potentially opening up the full mid-level exception. … Toppin has been traded into the Pacers' cap room in exchange for the two second-round picks described below.
Thunder Sign Vasilije Micic To Three-Year Deal
2023/07/thunder-vasilije-micic-agree-to-three-year-deal.htmlThe Thunder may have their room exception, which can now be used on signings of up to three years, earmarked…
Values Of 2023/24 Mid-Level, Bi-Annual Exceptions
2023/07/values-of-2023-24-mid-level-bi-annual-exceptions.htmlAs part of the NBA's new Collective Bargaining Agreement, the non-taxpayer mid-level exception is receiving a one-time 7.5% increase in addition to the usual 10% bump, while the room exception has been increased by 30% (plus the usual 10%). … Under the league's current Collective Bargaining Agreement, the values of the mid-level, room, and bi-annual exceptions are tied to the percentage that the salary cap shifts in a given year.
Sasha Vezenkov Signs Three-Year Deal With Kings
2023/07/sasha-vezenkov-to-sign-three-year-deal-with-kings.htmlGiven his reported salary, Vezenkov will either be receiving part of the Kings' full mid-level exception if they operate as an over-the-cap team, or he could receive most of their room exception if they choose to use cap room.
Nets Sign Dennis Smith Jr. To One-Year Deal
2023/07/nets-dennis-smith-jr-agree-to-one-year-deal.htmlHaving created some breathing room below the tax apron by agreeing to trade Joe Harris and his $20MM salary to…
Cavs Acquire Max Strus In Three-Team Sign-And-Trade
2023/07/cavs-to-acquire-max-strus-in-three-team-sign-and-trade.htmlMiami will acquire a second-round pick and will create a trade exception in the deal, while San Antonio will receive Cedi Osman, Lamar Stevens, and a second-round pick, according to Wojnarowski. … As for the Spurs, they entered the day with more leftover cap room than any other NBA team and will use a portion of it to add a second-round pick and two forwards who are on expiring contracts and who should be in the mix for rotation roles if they remain on San Antonio's roster.
Heat Trade Victor Oladipo To Thunder
2023/07/heat-shipping-victor-oladipo-to-thunder.htmlAfter the deal, Oklahoma City should still have an estimated $7.2MM in available money at its disposal, as well as the $7.8MM room exception. … The Heat, meanwhile, will net a $9.45MM trade exception by flipping his salary.
Wizards Trade Monte Morris To Pistons
2023/07/wizards-to-trade-monte-morris-to-pistons.htmlThe Pistons still have the $7.8MM room exception to work with, says Marks, who adds that the Wizards are $30.5MM below the luxury tax line. … The Wizards will also create a $9.8MM trade exception -- equivalent to Morris' salary -- as part of the deal, per Robbins.
Grizzlies Sign Derrick Rose To Two-Year Deal
2023/07/grizzlies-to-sign-derrick-rose-to-two-year-deal.htmlThe team still has flexibility to make trades or to use the mid-level exception.… According to Wojnarowski, Memphis envisions Rose as a player who can contribute on the floor and be a leader in the locker room.
Rockets Sign Fred VanVleet To Three-Year Contract
2023/07/rockets-to-sign-fred-vanvleet-to-three-year-contract.htmlAs Bobby Marks of ESPN tweets, Toronto could try to work out a sign-and-trade with Houston to generate a huge trade exception. … The agreement will pay him a total of $128.5MM across three seasons, including a starting salary of $40.8MM in 2023/24, which will eat up a huge chunk of Houston's cap room.
Salary Cap, Tax Line Set For 2023/24 NBA Season
2023/06/salary-cap-tax-line-set-for-2023-24-nba-season.htmlRoom exception: $7,723,000… 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.
Eastern FA Rumors: Kuzma, Kyrie, Bridges, Crowder, Sixers
2023/06/eastern-fa-rumors-kuzma-kyrie-bridges-crowder-sixers.htmlFree agent forward Kyle Kuzma is seeking a contract "well above the mid-level exception," according to Jake Fischer of Yahoo Sports, but it's unclear which cap-room team might give him that sort of offer, especially if the Rockets and Pacers use their space on other players.
Western FA Rumors: D-Lo, Lakers, H. Jones, Suns, Warriors
2023/06/western-fa-rumors-d-lo-lakers-h-jones-suns-warriors.htmlSchroder will likely require a raise that exceeds the Non-Bird exception, so if Los Angeles uses its mid-level exception on an outside free agent, the team may have to allot its bi-annual exception to him, Fischer explains. … 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.
Nets Trade Joe Harris To Pistons
2023/07/nets-to-trade-joe-harris-to-pistons.htmlAccording to ESPN's Adrian Wojnarowski (Twitter links), Brooklyn will also send two second-round picks to Detroit in the deal and will generate a traded player exception worth $19.9MM, the amount of Harris' 2023/24 salary. … They also may take their biggest competitor for Johnson's services out of the mix, since Harris will take up a significant chunk of Detroit's cap room and will reduce the need for the Pistons to go out and acquire another sharpshooter.
Pacers May Offer Bruce Brown More Than $20MM Per Year
2023/06/pacers-may-offer-bruce-brown-more-than-20mm-per-year.htmlBrown has become one of the hottest names on the free agent market, and several teams are hoping to land him with the $12.4MM non-taxpayer mid-level exception. … The Pacers have roughly $30MM in cap room, so signing Brown would account for most of that and would take them out of the running for other free agents, such as Heat shooting guard Max Strus.
Trail Blazers Waiving Trendon Watford
2023/06/trail-blazers-waiving-trendon-watford.htmlAlthough he's on a minimum-salary contract, Watford's deal initially covered four years, which means it can't be claimed using the minimum salary exception. … A team with interest in claiming the former LSU standout would need to have the cap room or a trade exception necessary to cover his $1.84MM salary.
Rockets Rumors: Free Agents, Martin, Clarkson, Capela
2023/06/rockets-rumors-free-agents-martin-clarkson-capela.htmlBrown is of particular interest because the Rockets would be willing to go above the $12.4MM non-taxpayer mid-level exception to sign him, according to Iko's sources. … Martin may not have a place on the revamped roster, and the team could add cap room by unloading his $1.93MM contract for next season.
Bruce Brown Plans Meetings With Five Teams
2023/06/bruce-brown-plans-meetings-with-five-teams.htmlThe Pacers have upwards of $30MM in cap room and can offer Brown more than the non-taxpayer mid-level exception.
Free Agent Rumors: Pacers, Strus, Brown, Kyrie, Westbrook, QOs
2023/06/free-agent-rumors-pacers-strus-brown-kyrie-westbrook-qos.htmlIndiana will have the ability to offer either Strus or Brown more than the $12.4MM non-taxpayer mid-level exception that over-the-cap teams are limited to. … Who might the Pacers pursue using their cap room if not Strus? Stein says Indiana has emerged as a team to watch in the Bruce Brown sweepstakes, joining the Lakers, Mavericks, and Nuggets, among others.
Kings Sign Harrison Barnes To Three-Year Extension
2023/06/kings-harrison-barnes-agree-to-three-year-extension.htmlThe club would also have the room exception - projected to get a bump to $7.7MM - once it uses up its cap room. … The Kings would also have the ability to operate as an over-the-cap team, which would allow them to access their…
Celtics Notes: Bates-Diop, Green, Azubuike, Madar, G. Williams
2023/06/celtics-notes-bates-diop-green-azubuike-madar-g-williams.htmlA rival front office executive is skeptical Grant Williams will get more than the full mid-level exception in free agency, writes Steve Bulpett of Heavy.com. … "I don’t think he’s a cap-room offer — a guy you use room under the cap to sign.