Lakers Notes: Reaves, 14th Man, Wood, Davis
Lakers guard Austin Reaves, who previously identified the Spurs and Rockets as teams that had some interest in him this offseason, said at this week’s Team USA training camp that his goal when he reached restricted free agency was always, “Get back to L.A.,” as Tim Bontemps of ESPN writes.
[RELATED: Spurs Considered Lucrative Offer Sheet For Austin Reaves]
Signing an offer sheet with another team could have put Reaves in position to earn more than the $54MM over four years he’ll get from the Lakers, who were unable to offer him a higher salary (but could have matched a bigger offer sheet). However, when the two Texas-based teams decided not to seriously pursue him, Reaves was happy to simply re-sign with Los Angeles.
“I had a stressful probably 10 hours, but after that, when it was done, couldn’t be more excited with the situation, with the team that we got, going back to L.A.,” he said. “… We played out every scenario. My agents, we talked probably literally like 10, 11 hours straight that night about what we wanted in the contract, years, whatever. But like I said, I wouldn’t want to be anywhere else.”
Here’s more on the Lakers:
- The Lakers may prefer to fill their 14th roster spot sooner rather than later, according to Dan Woike of The Los Angeles Times, who believes Christian Wood is probably still be the team’s top choice for that opening if he’s willing to sign for the veteran’s minimum. As Woike observes, L.A. could point to examples like Malik Monk and Dennis Schröder to sell Wood on the idea that he’d have the opportunity to thrive with the Lakers for a year on a minimum-salary deal and parlay that performance into a bigger payday.
- Although the Lakers generally deploy Anthony Davis at center in their most important games and minutes, they continue to speak publicly about using lineups that pair him with another big man. Jovan Buha of The Athletic digs into that subject, expressing skepticism that the Lakers will use Davis at power forward alongside a center very often, given the make-up of their roster and the success they’ve had with AD at the five.
- In case you missed it, the big news today in Laker Land is Davis’ three-year, maximum-salary contract extension. We have the full story on that agreement right here.
Players Who Can’t Be Traded Until December 15
As teams explore the trade market for potential deals to complete their rosters for training camp, there are a number of trade restrictions those clubs must take into account. Most notably, newly signed free agents can’t be dealt until at least December 15.
The NBA’s Collective Bargaining Agreement states that a free agent who signs with an NBA team can’t be traded for three months or until December 15, whichever is later. There are also some recently signed players who meet a few specific criteria and can’t be traded until January 15. That list of players can be found right here.
The players who aren’t eligible to be traded until December 15 are listed below.
Players whose contracts haven’t been officially finalized aren’t yet listed below. Players who have the ability to veto trades in 2023/24 are marked with a caret (^). Players on non-guaranteed or partially guaranteed contracts are marked with an asterisk (*).
We’ll continue to update this page over the next few months as players are signed or waived.
Updated 12-15-23 (7:00am CT)
Atlanta Hawks
Boston Celtics
Brooklyn Nets
Charlotte Hornets
Chicago Bulls
Cleveland Cavaliers
Dallas Mavericks
And-Ones: Nowitzki, 2024 Draft, Extension-Eligible Players
Former Mavericks forward Dirk Nowitzki, who will be part of a star-studded 2023 Basketball Hall of Fame class, spoke to Brad Townsend of the Dallas Morning News about his upcoming enshrinement, which will take place next Saturday (August 12).
As Nowitzki explains, growing up in Germany, he was unaware about the importance of the Hall of Fame. It wasn’t until he entered the NBA that he began to learn how meaningful it is to the game’s players. He visited the Hall of Fame in person for the first time in 2018, when he witnessed the inductions of his former teammates Steve Nash and Jason Kidd. Five years later, Nash and Kidd will be the co-presenters introducing Nowitzki when he enters the Hall.
“I remember being so happy for those two; that they got to go in for the careers they had,” Nowitzki said. “I remember just sitting and soaking it all in and listening to all the speeches. Now I’m so happy, I actually can’t believe it’s my time now.”
Here are a few more odds and ends from around the basketball world:
- Jonathan Wasserman of Bleacher Report takes a look at six key storylines to watch in advance of the 2024 NBA draft, starting with a wide-open race for the No. 1 pick. One of the other topics of intrigue highlighted by Wasserman relates to the standout freshmen who will be looking to crack crowded, established rotations.
- Yossi Gozlan of HoopsHype ranks the players who are eligible to be extended before the start of the 2023/24 season, including Bucks forward Giannis Antetokounmpo and Clippers stars Kawhi Leonard and Paul George. While some of the players on Gozlan’s list figure to get new deals in the coming weeks or months, others will likely wait until 2024 or beyond to sign their next contracts.
- Depending on where the 2024/25 salary cap lands, Celtics wing Jaylen Brown has a chance to become the first player to earn $300MM on a single NBA contract. However, he certainly won’t be the last, according to Mike Vornukov of The Athletic, who explores what contracts could look like in a few years if the cap keeps increase at its current exponential rate.
Anthony Davis Becomes Extension-Eligible
Lakers big man Anthony Davis is now eligible to sign a veteran contract extension, as Bobby Marks of ESPN tweets.
Davis officially signed his current contract, a five-year, maximum-salary deal, on December 3, 2020. Typically, a player who signs a five-year contract must wait three full calendar years before he becomes extension-eligible, but the 2020 offseason was an unusual one due to the schedule irregularities caused by COVID-19.
Free agency didn’t begin until November 21 that year, with the regular season tipping off on December 22. The NBA determined that Dec. 3 of that offseason would have corresponded to August 4 in a typical offseason, which is why Davis became extension-eligible today.
Davis has two years left on his current contract — he’s owed a guaranteed $40,600,080 salary in 2023/24, with an early termination option worth $43,219,440 in 2024/25.
Exercising an early termination option is essentially the same as declining a player option — in either case, the player ends his contract a year early. However, there’s one key difference: an early termination option can’t be exercised as part of a veteran extension agreement. That means that if Davis wants to sign an extension this offseason, he would have to decline that ETO, which would lock in his current 2024/25 salary and result in his new deal beginning in ’25/26.
Davis will have until the day before the regular season begins in October to sign an extension this year. If he and the Lakers haven’t worked out a new agreement by that time, he would have to wait until the 2024 offseason to revisit his contract situation. At that point, he could either opt into the final year of his current contract and extend off that deal, or opt out and seek a new contract as a free agent.
The maximum value of a potential extension for Davis will depend on the rate at which the NBA’s salary cap increases during the next two offseasons. In an NBA Today appearance on ESPN on Thursday (YouTube link), Marks stated that a three-year extension for Davis could be worth up to about $169.1MM, but that would be based on a relatively conservative cap projection in the neighborhood of $149MM in 2025/26.
If the cap were to increase by the maximum allowable 10% in each of the next two seasons, a three-year extension for Davis could instead be worth as much as $186.6MM.
That may seem like a risky investment for a player who has battled injuries throughout his career and who wasn’t necessarily playing at a superstar level offensively during the Lakers’ postseason run this spring (he averaged 22.6 points per game in 16 contests).
However, Davis is still one of the NBA’s top two-way stars when healthy, and he’s only 30 years old. It’s worth noting too that extending him now would pay off in the long run if the alternative is negotiating a maximum-salary free agent contract of up to five years in 2024. If the Lakers were to extend Davis now, they’d lock him into a salary below his max in 2024/25 and would only have to commit to up to four total seasons beyond ’23/24, rather than five, reducing some of the risk on the back end.
ESPN’s Brian Windhorst recently suggested that there’s an expectation the Lakers will make Davis an extension offer fairly soon, while his colleague Dave McMenamin predicted the two sides will have a deal in place before training camp.
Team USA Notes: Lineup, Kerr, Edwards, Banchero
Team USA head coach Steve Kerr isn’t prepared to name a starting five for this summer’s World Cup squad, telling reporters on Thursday at the U.S. training camp that things will “shake out over the next week or two,” as Tim Bontemps of ESPN relays.
Although Team USA’s roster features plenty of talent, it’s primarily made up of younger players who don’t have a long list of postseason awards and/or playoff achievements on their respective résumés. Most of the roster also doesn’t have much – if any – international experience, so Kerr and his staff will have to figure out quickly which players are best suited for the international game and who fits together the best.
“It’s not easy, because usually you’re talking about 12 starters in the NBA. … These guys are all starters and great players,” Kerr said. “Part of the FIBA commitment is none of that stuff matters. There’s no contracts on the line. Nobody’s getting traded. This is just us for six weeks, and I expect the same thing to happen here is what happened in [2021, for the Olympics] and in [2019, for the World Cup], in terms of the buy-in and the effort and the energy and the intensity, and, we’ll see what happens.”
Here’s more on Team USA as it begins to prepare for the 2023 World Cup, which will take place in the Philippines, Japan, and Indonesia:
- In a separate ESPN.com story, Bontemps explores how the 2023 U.S. team can draw inspiration from the 2010 iteration of Team USA, which didn’t feature anyone from the 2008 Olympic roster and was derisively nicknamed the “B-Team.” Bontemps draws parallels between rising Timberwolves star Anthony Edwards and the 2010 version of Kevin Durant, who helped lead the U.S. to World Cup gold 13 years ago during his ascension to NBA superstardom. Edwards has a chance to follow a similar trajectory, as Bontemps outlines.
- Despite its relative inexperience, this U.S. squad appears better positioned for World Cup success than the 2019 group, which finished a disappointing seventh, according to Joe Vardon of The Athletic, who predicts that Team USA will come away with a gold medal this time around. Vardon predicts that Jaren Jackson, Jalen Brunson, Mikal Bridges, and Brandon Ingram will be starters, with Edwards, Tyrese Haliburton, and Austin Reaves vying for the final starting slot.
- Team USA forward Paolo Banchero tells Vardon that his decision on whether to represent the U.S. or the Italian national team was a difficult, “drawn-out process.” The recruitment of Banchero by former Magic star Grant Hill – now Team USA’s managing director – and the fact that Paolo’s mother played for the U.S. women’s team in the 1990s helped tip the scales in favor of Team USA, as the reigning Rookie of The Year explains.
- Banchero also told Vardon that he recognizes he may have a limited role on a talented U.S. roster and he’s prepared to do whatever is asked of him. “With Orlando, I’m the leading scorer, kind of the main guy,” he said. “But here, and I’m able to do other things, whether it is affecting the game defensively, on the glass, with my passing, whatever it may be. … I think I can showcase the other parts of my game. Whatever the team needs, I would try to show that.”
Josh Hart: “Hopefully” I’ll Sign Extension With Knicks
Speaking to reporters on Thursday at Team USA’s pre-World Cup training camp, Knicks forward Josh Hart discussed his decision to pick up his $12.96MM player option for 2023/24, as well as the club’s addition of his former Villanova teammate Donte DiVincenzo.
Perhaps most importantly, Hart addressed his contract situation going forward, expressing a desire to sign a deal that will keep him in New York for multiple seasons.
“Hopefully,” Hart said when asked about a long-term extension, per Ethan Sears of The New York Post. “Opting in, I was gonna take it one day at a time. We get there and then we can start having that conversation. Hopefully — that’s a place where I want to be and a place I want to call home. So we’ll see.
“… It was a hard decision (to exercise the option), but New York is somewhere I wanted to be. And we’ll get to everything else, hopefully later down the line. But opted in, New York is where I want to be. It’s where I want to call home. I feel like that was the best decision to do.”
Hart will become extension-eligible on August 9. He would be able to tack up to four new years onto the final year of his current contract and could receive a raise of up to 40% on his current $12.96MM salary, with subsequent 8% annual increases. That would work out to a maximum starting salary of $18,144,000 and a four-year total of $81,285,120.
The fact that Hart decided to play for Team USA this summer is a strong signal that he and the Knicks intend to get something done sooner rather than later, in Sears’ view. The 28-year-old admitted he had “a little bit” of apprehension about suiting up for the U.S. World Cup team and risking injury before he locked in a long-term deal, but he determined that the opportunity to achieve the dream of representing his country was worth it.
As Ian Begley of SNY.tv writes, when Hart opted into a $12.96MM salary for the coming season rather than declining his option to negotiate a higher salary, it helped generate enough flexibility below the luxury tax line for the Knicks to make a competitive offer for DiVincenzo, who signed a four-year deal worth about $47MM, plus incentives.
The Knicks weren’t DiVincenzo’s only suitor, so Hart may not have known that his option decision would result in a reunion with his former Wildcats teammate. But he said on Thursday that, in picking up his option, he wanted to give New York the “chance to be the best team that it could be and help them compete.” He’s excited for what DiVincenzo will bring to the team.
“He’s a New York style player. That blue-collar, hard work thing – that’s what he does,” Hart said, according to Begley. “He’s going to go defend multiple positions, be tough, be gritty, help us win games. New York is going to love him. He’s definitely a guy that we needed, that we wanted and happy we got.”
Hoops Rumors Chat Transcript: 8/3/2023
Hoops Rumors hosted a live chat today at 10:30 am Central time (11:30 am Eastern).
Click here to view the transcript, and join us on Tuesday afternoon for our next live chat, hosted by Dana Gauruder.
Contract Details: Cissoko, Temple, T. Antetokounmpo, More
The three-year contract that No. 44 overall pick Sidy Cissoko signed with the Spurs is guaranteed for the first two seasons, but not for the third, tweets Keith Smith of Spotrac. It’s worth the minimum in all three years, Hoops Rumors has learned.
Because the Spurs still had a little cap room available, they signed Cissoko using that room instead of the second-round pick exception, Smith notes, so the third year is simply non-guaranteed instead of being a team option.
That will give San Antonio more time to make its third-year decision on Cissoko — instead of having to exercise or decline an option by June 29, 2025, the team will pay him a $500K partial guarantee if he remains under contract through July 6 of that year, ESPN’s Bobby Marks tells Hoops Rumors. Cissoko would receive his full guarantee if he hasn’t been waived by the start of the 2025/26 regular season, Hoops Rumors has learned.
Here are a few more details on recently signed contracts:
- Garrett Temple‘s one-year, minimum-salary deal with the Raptors is guaranteed, per Doug Smith of The Toronto Star (Twitter link). That means Toronto has 15 players on guaranteed standard contracts, with Jeff Dowtin and his non-guaranteed deal potentially on the outside looking in unless one of those 15 players is traded or waived.
- The one-year, minimum-salary contracts signed by Thanasis Antetokounmpo (Bucks) and Sandro Mamukelashvili (Spurs) are also guaranteed, Hoops Rumors has learned. Milwaukee now has 15 players on guaranteed standard contracts, while San Antonio has 18 and will need to make some roster moves before opening night.
- Duane Washington‘s training camp contract with the Knicks includes Exhibit 9 language but doesn’t feature an Exhibit 10 clause, Hoops Rumors has learned. That means Washington can’t have his contract converted into a two-way deal and wouldn’t receive a bonus worth up to $75K if he’s waived by New York and ends up playing for the Westchester Knicks.
Sixers’ Montrezl Harrell Has Torn ACL, Meniscus
Sixers center Montrezl Harrell underwent an MRI on Wednesday to evaluate swelling in his right knee following offseason workouts, and the results weren’t good. According to the team, Harrell has been diagnosed with a torn ACL and a medial meniscus tear (Twitter link via Keith Pompey of The Philadelphia Inquirer).
It’s a brutal blow for both Harrell and the Sixers, who re-signed the big man to a guaranteed one-year, minimum-salary contract last month after he turned down a player option to reach free agency.
Harrell, 29, didn’t see significant playing time in Philadelphia’s rotation last season, averaging 5.6 points and 2.8 rebounds in just 11.9 minutes per game across 57 appearances.
However, the 76ers will have a new head coach in 2023/24, with Nick Nurse replacing Doc Rivers, so Harrell wasn’t necessarily in line for the same limited role going forward. In his previous five seasons, he had put up 14.5 PPG and 5.9 RPG in 361 games (23.3 MPG), earning Sixth Man of the Year honors in 2020.
The Sixers’ announcement today didn’t include any sort of recovery timeline for Harrell, but a torn ACL typically requires upwards of a year – if not more – to come back from. We’ll have to wait more clarity on the veteran’s prognosis and the team’s plans for him, but if the injury is deemed season-ending and Philadelphia is comfortable eating the salary and accompanying luxury tax hit, Harrell could be waived to open up a roster spot for another player.
The 76ers should still have a good amount of depth up front with or without Harrell. Mohamed Bamba, Paul Reed, and Filip Petrusev are expected to compete for frontcourt minutes behind reigning MVP Joel Embiid.
Rockets Sign Nate Hinton, Matthew Mayer To Camp Deals
3:06pm: Hinton and Mayer have officially signed with the Rockets, according to a press release from the team.
10:12am: A flurry of roster moves for the Rockets will continue with training camp deals for Summer League standouts Nate Hinton and Matthew Mayer, according to Jonathan Feigen of The Houston Chronicle (subscription required).
In the process of filling out its 21-man offseason roster, Houston also recently signed Joshua Obiesie to a camp contract and agreed to a camp deal with Jeenathan Williams and a two-way pact with Jermaine Samuels.
Hinton, a 6’5″ wing who played his college ball at Houston, has spent most of his three professional seasons on two-way contracts or G League deals, appearing in 23 NBA games for the Mavericks and Pacers since 2020. The 24-year-old played for the Cleveland Charge – the Cavaliers’ NBAGL affiliate – during the 2022/23 season, averaging 12.0 PPG and 6.3 RPG on .466/.383/.789 shooting in 27 regular season games (33.9 MPG).
A 6’9″ forward, Mayer went undrafted in June out of Illinois and caught on with the Rockets’ Summer League team, putting up 12.5 PPG and 7.3 RPG with a .516/.435/.889 shooting line in four contests (25.2 MPG). Hinton also played well for the Rockets in Vegas, averaging 11.8 PPG, 5.0 RPG, and 2.7 SPG on 50.0% shooting in six appearances (26.4 MPG).
As Feigen explains, Hinton, Mayer, and Williams are all expected to participate in training camp with the Rockets this fall, so they’re receiving contracts with Exhibit 9 language, which protects a team financially in the event of an injury.
A team can only sign a player to an Exhibit 9 contract once it has 14 players already on standard contracts, so Houston added Obiesie as its 14th man in order to begin finalizing the rest of its camp deals. Obiesie, whose deal doesn’t include Exhibit 9 protection, “will not be involved in the camp,” per Feigen, but the Rockets will control his G League rights after he’s waived.
I would expect that all of Houston’s camp invitees will also have Exhibit 10 language in their deals, which will entitle them to bonuses worth up to $75K if they eventually join the Rio Grande Valley Vipers and remain with the Rockets’ G League affiliate for at least 60 days.