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Knicks Notes: McBride, Hartenstein, DiVincenzo, Anunoby, Burks

2024/05/knicks-notes-mcbride-hartenstein-divincenzo-anunoby-burks.html

According to Brian Lewis of The New York Post, Turner seemed to take exception with an elbow to the gut from the Knicks wing on the play. … The Knicks outscored the Pacers by 26 points during McBride's 40 minutes on the court, and the extra spacing afforded by his presence gave Jalen Brunson more room to operate -- the Knicks star took advantage by scoring a series-high 44 points in the blowout victory.

2024 NBA Offseason Preview: Charlotte Hornets

2024/05/2024-nba-offseason-preview-charlotte-hornets.html

Still, they could easily have at least $15MM+ to work with (or $30MM+ if Bridges walks), plus the $8MM room exception. … They would have to renounce two trade exceptions - worth $3,585,600 and $442,826 - in order to use cap room.

2024 NBA Offseason Preview: Washington Wizards

2024/05/2024-nba-offseason-preview-washington-wizards.html

Going under the cap and using space would also make the Wizards lose access to their non-taxpayer mid-level exception and bi-annual exception, which are available to teams operating over the cap but under the first tax apron. … 7 overall pick of the 2023 draft is still early in his development, but at minimum, he looks like a promising 3-and-D player with much more room to grow.

2024 NBA Offseason Preview: Detroit Pistons

2024/05/2024-nba-offseason-preview-detroit-pistons.html

They would have to renounce three trade exceptions - worth $10,489,600, $1,386,800, and $800,926 - in order to use cap room. … 5 pick, they could create upwards of $65MM+ in cap room.

Mid-Level, Room, Bi-Annual Exceptions Will Have New Uses This Offseason

2024/05/mid-level-room-bi-annual-exceptions-will-have-new-uses-this-offseason.html

Prior to the 2024 offseason, NBA teams had only been permitted to use the non-taxpayer mid-level exception, room exception, and bi-annual exception to sign free agents or to promote two-way players to standard contracts. … Those exceptions could be split among multiple players, but they couldn't be used for any other purpose besides giving a free agent - or a player being promoted from a two-way deal - a contract.

Hoops Rumors Glossary: Minimum Salary Exception

2024/05/hoops-rumors-glossary-minimum-salary-exception-4.html

The minimum salary exception is something of a last resort for capped-out teams looking to add players, as well as for players seeking NBA contracts, but it's one of the most commonly used cap exceptions. … Teams can use the exception multiple times in a league year, giving clubs that have used all of their cap room and other exceptions an avenue to fill out their rosters.

Suns Notes: Vogel, Jones, Offseason Priorities, Second Apron, Beal

2024/04/suns-notes-vogel-jones-offseason-priorities-second-apron-beal.html

The Suns won't have access to the mid-level exception and can only sign their draft picks and add players on minimum contracts. … The team will also be on the lookout for available veterans to help build a more professional atmosphere in the locker room, sources tell the authors.

Sixers Sign Ricky Council IV To Four-Year Contract

2024/04/sixers-converting-ricky-council-iv-to-standard-contract.html

The exact details of Council's contract - which will come out of Philadelphia's mid-level exception - are unclear. … Council is now eligible for the playoffs under his new standard contract and at 22 years old, he has room to develop as an inexpensive rotation option for the Sixers down the line.

Wizards Sign Jared Butler To Three-Year Deal

2024/04/wizards-jared-butler-agree-to-three-year-deal.html

The Wizards will use a portion of their mid-level exception to give him a deal that covers more than just two seasons. … 2:33pm: The Wizards intend to waive Livers to make room on the roster for Butler, confirms Josh Robbins of The Athletic (Twitter link).

Bulls Sign Javonte Green, Waive Terry Taylor

2024/04/bulls-sign-green-to-standard-contract-waive-taylor.html

Chicago used a hardship exception to sign Green to a 10-day contract on March 23, but needs to clear a 15-man roster spot in order to sign him to a rest-of-season deal. … To make room for him, the team has waived forward Terry Taylor.

Checking In On 10-Day Contracts

2024/03/checking-in-on-10-day-contracts-6.html

Since he was signed using a hardship exception, the only way for Jarreau to remain with Memphis beyond Friday would be for the team to waive one of its 15 players on standard contracts to make room on the roster to sign him for the rest of the season, which likely isn't happening.

Bulls Notes: White, Green, Caruso, Terry

2024/03/bulls-notes-white-green-caruso-terry.html

The Bulls used the hardship exception to sign Javonte Green to a 10-day contract on Saturday, Cowley confirms in a separate story. … Caruso walked to the locker room after getting tangled up with Boston's Al Horford with 6:54 left in the second quarter, but he was able to return and played through discomfort in the second half.

Hoops Rumors Glossary: Cap Holds

2024/03/hoops-rumors-glossary-cap-holds-8.html

However, doing so means the team will no longer hold any form of Bird rights for those players — if the team wants to re-sign those free agents, it would have to use its cap room or another kind of cap exception. … However, even though next season's salary cap is expected to come in at $141MM, Indiana won't begin the 2024 offseason with $45MM in cap room to spend.

2024 Free Agent Stock Watch: Central Division

2024/03/2024-free-agent-stock-watch-central-division.html

Given the Cavs' salary cap situation, I don't expect him to receive much more than the mid-level exception, which is projected to be worth about $13.8MM annually on a four-year deal. … The Pacers will have cap room and Smith's Early Bird rights if they want to bring him back.

Teams Have Used 2023/24 MLEs More During Season Than In Offseason

2024/03/teams-have-used-2023-24-mles-more-during-season-than-in-offseason.html

The mid-level exception - which is available to over-the-cap teams whose salaries are below the second tax apron - and the room exception - available to teams that operated under the cap and used up their cap space - are typically viewed as tools to upgrade a roster during the offseason. … The Knicks used most of their mid-level exception on Donte DiVincenzo.

Northwest Notes: SGA, Bazley, I. Thomas, R. Jackson

2024/03/northwest-notes-sga-bazley-i-thomas-r-jackson.html

Bazley will make $500K the rest of this season via Utah's room exception, with various trigger dates on non-guaranteed minimum salaries in 2024/25 and '25/26.

Southeast Notes: Micic, Wizards, Vukcevic, Jovic, Herro

2024/03/southeast-notes-micic-wizards-vukcevic-jovic-herro.html

A league source tells Keith Smith of Spotrac (Twitter link) that the 21-year-old big man received $2,424,892 for the remainder of 2023/24 via the mid-level exception, and Washington holds a team option at the same rate for '24/25. … We have a lot of injured players and it’s something that opened a lot of room for me in terms of minutes.

Hoops Rumors Glossary: Non-Bird Rights

2024/03/hoops-rumors-glossary-non-bird-rights-7.html

Teams are eligible to sign their own free agents using the Non-Bird exception for a salary starting at 120% of the player’s previous salary, 120% of the minimum salary, or the amount of a qualifying offer (if the player is a restricted free agent), whichever is greatest. … Indiana used its cap room to give Brown a $22MM starting salary, easily topping Denver's maximum offer.

Hoops Rumors Glossary: Early Bird Rights

2024/03/hoops-rumors-glossary-early-bird-rights-7.html

Other salary cap exceptions are available for teams to keep players who don’t qualify for Bird rights. … In order to match or exceed that number, Detroit would have had to use cap room -- having Wood's full Bird rights would've allowed the Pistons to make a far more substantial offer without requiring cap space.

Grizzlies Sign DeJon Jarreau To 10-Day Deal

2024/03/grizzlies-dejon-jarreau-agree-to-10-day-deal.html

The Grizzlies have a full 15-man roster, with Wenyen Gabriel also under contract via the hardship exception. … Unless the Grizzlies expect one of those players back within the next couple weeks, they could qualify for up to three hardship additions -- Jarreau will be the club's second hardship addition, Wojnarowski confirms, so no corresponding cut will be necessary to make room for him.

Hoops Rumors Glossary: Bird Rights

2024/03/hoops-rumors-glossary-bird-rights-6.html

The Bird exception, named after Larry Bird, is a rule included in the NBA’s Collective Bargaining Agreement that allows teams to go over the salary cap to re-sign their own players. … It's worth noting that while the Raptors could restart Koloko's Bird clock by re-signing him, they wouldn't be able to use any form of Bird rights to add him to their roster this offseason -- they would have to use cap room or another exception to do so.

Contract Details: Lawson, K. Brown, Forrest, Barlow, Bouyea, More

2024/03/contract-details-lawson-k-brown-forrest-barlow-bouyea-more.html

The three-year contract that Kendall Brown signed with the Pacers features a starting salary of $1.1MM, which came out of the team's room exception. … The Mavericks used a portion of their non-taxpayer mid-level exception to give A.J.

Nets, Jalen Wilson Finalize Three-Year Contract

2024/03/nets-jalen-wilson-agree-to-three-year-contract.html

Brooklyn will use a portion of its mid-level exception in order to sign Wilson to a contract exceeding two seasons. … The Nets have an open spot on their 15-man roster, so no corresponding move will be required to make room for Wilson.

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