Contract Details: Steward, Kleber, Pickett, Vaudrin
DJ Steward‘s new deal with the Kings is a one-year, minimum-salary contract, but it doesn’t include Exhibit 10 language, Hoops Rumors has learned. It’s a standard contract that features a small partial guarantee worth $50K.
If Steward is eventually waived, he would still be eligible to play for the Stockton Kings, Sacramento’s G League affiliate, since his guarantee doesn’t exceed $50K. So the most tangible difference between Steward’s deal and an Exhibit 10 contract is that Sacramento won’t have the option of converting it into a two-way contract. The former Duke guard isn’t ineligible to sign a two-way deal with the Kings, but he would have to pass through waivers first.
Here are a few more contract details from around the NBA:
- Maxi Kleber‘s new three-year extension with the Mavericks is fairly straightforward — it features $11,000,000 annual base salaries in each of the three seasons and doesn’t include any bonuses or options years. Kleber’s extension will begin in 2023/24.
- The contracts signed with the Cavaliers by Jamorko Pickett and Chandler Vaudrin are Exhibit 10 deals, Hoops Rumors has learned. Both of Cleveland’s two-way slots are currently full, so Pickett and Vaudrin could end up becoming affiliate players for the Cleveland Charge, the Cavs’ G League team.
- In case you missed it, we’re tracking each team’s players with partially guaranteed and non-guaranteed contracts, including Exhibit 10 deals, right here.
Pelicans Sign Daeqwon Plowden To Exhibit 10 Deal
SEPTEMBER 9: The Pelicans have officially signed Plowden to an Exhibit 10 contract, Hoops Rumors has learned.
JULY 19: After playing for the Pelicans‘ Summer League team, undrafted rookie swingman Daeqwon Plowden will sign an Exhibit 10 contract with New Orleans, sources tell Will Guillory of The Athletic (Twitter link).
Plowden, who spent all five years of his college career at Bowling Green State, averaged 15.7 PPG, 6.8 RPG, and 1.2 BPG on .414/.356/.792 shooting in 31 games (30.6 MPG) in 2021/22. The 23-year-old received All-MAC honors in each of his last three seasons and made this year’s All-MAC Defensive Team.
Plowden didn’t play a major role for New Orleans’ Summer League team in Las Vegas, averaging just 16.1 minutes per game in three appearances. But he made the most of his limited minutes, averaging 12.0 PPG on .647/.500/.909 shooting.
An Exhibit 10 deal is non-guaranteed and worth the minimum, but it could put Plowden on track to receive a $50K bonus if he’s waived before the regular season and then joins the Birmingham Squadron, New Orleans’ G League affiliate.
Plowden’s Exhibit 10 contract could also be converted into a two-way deal if he impresses in training camp. The Pels have reportedly committed one two-way slot to Dereon Seabron, but their other slot remains open for now.
Central Notes: Giannis, Mamukelashvili, Bulls, Pacers
Bucks star Giannis Antetokounmpo exited Greece’s 90-69 win over Estonia on Thursday early due to what the Greek team is referring to as a “light” right ankle sprain, per John Rammas of Eurohoops. Although Antetokounmpo checked out in the third quarter and didn’t return, the injury isn’t viewed as serious.
According to an Associated Press report (via ESPN), Greece’s head coach, Dimitrios Itoudis, said after the game that the Bucks forward received ice and treatment. However, it doesn’t sound like Giannis’ availability for the upcoming single-elimination stage of EuroBasket is in jeopardy. “It’s all good,” Itoudis said.
Here’s more from around the Central Division:
- Eric Nehm of The Athletic checks in on how the Bucks‘ international players have been performing at EuroBasket 2022. While Antetokounmpo has obviously excelled, Milwaukee is also presumably encouraged by the play of two-way forward Sandro Mamukelashvili, who averaged 15.2 PPG and 11.0 RPG in the group stage for Georgia.
- Given that Lonzo Ball‘s lengthy injury absence last season hurt the Bulls on both ends of the court, Darnell Mayberry of The Athletic wonders if the team is better built to withstand a Ball injury in 2022/23. A recent report indicated that Chicago’s starting point guard may not be ready for the start of the regular season due to a lingering knee issue.
- The Pacers have hired Isaac Yacob as their head video coordinator, sources tell Scott Agness of Fieldhouse Files (subscription required). According to Agness, Yacob – who previously worked for the Kings – built a strong rapport with Tyrese Haliburton in Sacramento.
- In case you missed it, we’re asking you to vote on the projected win totals of all five Central teams for the 2022/23 season.
Cavs Sign Jamorko Pickett, Chandler Vaudrin To Camp Deals
1:14pm: Both signings are official, per RealGM’s NBA transaction log.
10:14am: The Cavaliers are set to sign free agent forward Jamorko Pickett and guard Chandler Vaudrin to training camp contracts, according to Chris Fedor of Cleveland.com.
Pickett, who went undrafted out of Georgetown in 2021, spent his rookie season on a two-way contract with the Pistons, appearing in 13 games at the NBA level and averaging 3.8 PPG and 2.5 RPG in 13.5 MPG.
The 24-year-old saw more action at the G League level, registering 14.5 PPG and 5.7 RPG on .429/.328/.913 shooting in 17 regular season NBAGL games (31.4 MPG) for the Motor City Cruise. After becoming an unrestricted free agent, he suited up for the Cavs’ Summer League team in Las Vegas this July.
The Big South Player of the Year in 2021, Vaudrin had been on track to sign an Exhibit 10 contract with the Cavaliers a year ago after going undrafted out of Winthrop. However, the 25-year-old point guard tore his ACL while playing for Cleveland’s Summer League team and missed his entire rookie entire season, so that deal didn’t come to fruition — until now.
The Cavs were said to be working out several veteran free agents earlier this week as they considered how to fill their 20-man training camp roster. Pickett and Vaudrin both participated in those workouts, per Fedor.
Cleveland currently has 16 players under contract (14 on standard contracts and a pair on two-way deals), so the team will still have two roster spots available after officially adding Pickett and Vaudrin.
2022/23 NBA Over/Unders: Central Division
The 2022/23 NBA regular season will tip off next month, so it’s time to start getting serious about predictions for the upcoming campaign and to continue an annual Hoops Rumors tradition.
With the help of the lines from a handful of sports betting sites – including Bovada, BetOnline, and Betway – we’re running through the predicted win totals for each of the NBA’s 30 teams, by division. In a series of team-by-team polls, you’ll get the chance to weigh in on whether you think those forecasts are too optimistic or too pessimistic.
In 2021/22, our voters went 16-14 on their over/under picks. Can you top that in ’22/23?
We’ll keep our series going today with the Central division…
Milwaukee Bucks
- 2021/22 record: 51-31
- Over/under for 2022/23: 52.5 wins
- Major offseason moves:
- Added: Joe Ingles, MarJon Beauchamp
- Lost: Rayjon Tucker
- Note: Jordan Nwora remains unsigned as a restricted free agent.
How many games will the Bucks win in 2022/23?
-
Over 52.5 75% (440)
-
Under 52.5 25% (143)
Total votes: 583
Cleveland Cavaliers
- 2021/22 record: 44-38
- Over/under for 2022/23: 47.5 wins
- Major offseason moves:
- Added: Donovan Mitchell, Ricky Rubio, Raul Neto, Robin Lopez
- Lost: Collin Sexton, Lauri Markkanen, Rajon Rondo, Ed Davis, Moses Brown
How many games will the Cavaliers win in 2022/23?
-
Over 47.5 73% (442)
-
Under 47.5 27% (160)
Total votes: 602
Chicago Bulls
- 2021/22 record: 46-36
- Over/under for 2022/23: 44.5 wins
- Major offseason moves:
- Added: Andre Drummond, Goran Dragic, Dalen Terry
- Lost: Troy Brown, Tristan Thompson, Matt Thomas
How many games will the Bulls win in 2022/23?
-
Over 44.5 52% (308)
-
Under 44.5 48% (289)
Total votes: 597
Detroit Pistons
- 2021/22 record: 23-59
- Over/under for 2022/23: 28.5 wins
- Major offseason moves:
- Added: Jaden Ivey, Jalen Duren, Alec Burks, Nerlens Noel, Kevin Knox, Kemba Walker
- Note: Walker is unlikely to begin the season on the Pistons’ roster.
- Lost: Jerami Grant, Frank Jackson, Luka Garza, Carsen Edwards
- Added: Jaden Ivey, Jalen Duren, Alec Burks, Nerlens Noel, Kevin Knox, Kemba Walker
How many games will the Pistons win in 2022/23?
-
Over 28.5 52% (305)
-
Under 28.5 48% (286)
Total votes: 591
Indiana Pacers
- 2021/22 record: 25-57
- Over/under for 2022/23: 23.5 wins
- Major offseason moves:
- Added: Bennedict Mathurin, Aaron Nesmith, Daniel Theis, Andrew Nembhard
- Lost: Malcolm Brogdon, T.J. Warren, Ricky Rubio, Duane Washington
- Note: Second-round pick Kendall Brown remains unsigned.
How many games will the Pacers win in 2022/23?
-
Under 23.5 63% (346)
-
Over 23.5 37% (205)
Total votes: 551
Previous voting results:
- Miami Heat (50.5 wins): Under (56.6%)
- Atlanta Hawks (46.5 wins): Over (53.6%)
- Charlotte Hornets (36.5 wins): Under (63.0%)
- Washington Wizards (35.5 wins): Under (50.8%)
- Orlando Magic (26.5 wins): Over (55.3%)
- Memphis Grizzlies (49.5 wins): Over (68.7%)
- Dallas Mavericks (48.5 wins): Over (63.7%)
- New Orleans Pelicans (44.5 wins): Over (61.2%)
- Houston Rockets (24.5 wins): Under (61.8%)
- San Antonio Spurs (23.5 wins): Under (67.5%)
Jazz Notes: Mitchell Trade, Knicks Talks, Conley, Bass
Within their Thursday press release officially confirming the trade that sent Donovan Mitchell to Cleveland, the Jazz‘s top decision-makers explained why they felt it was necessary to move the club’s leading scorer, a three-time All-Star who just turned 26.
“It was clear that in order to optimize our opportunity to create a team that could truly contend and establish sustained success, we needed to transition our roster,” Jazz CEO Danny Ainge said in a statement. “In trading Rudy (Gobert) and now Donovan, it was a rare opportunity to maximize our ability to get quality talent and picks to best position us moving forward. We have a plan in place to help us assemble the championship team our fans deserve. It will take time to craft our roster. We all understand the work ahead and are committed to our vision.”
General manager Justin Zanik, meanwhile, referred to Collin Sexton, Lauri Markkanen, and Ochai Agbaji as three “exciting young players,” suggesting the front office views the trio as part of the Jazz’s long-term plan.
“We believe that they fit the Jazz culture and hard-nosed, competitive brand of basketball we’ve built here in Utah,” Zanik said. “They give us versatility and athleticism on both ends of the floor as we grow toward the future. We look forward to our fans getting to know them.”
Here’s more out of Utah:
- Previous reports suggested there was some level of “animus” between the Jazz and Knicks, due in part to Knicks executives sitting courtside at Utah’s first playoff game vs. Dallas in the spring, as well as to New York’s decision to extend RJ Barrett while the two teams were negotiating his possible inclusion in a Mitchell trade. However, ESPN’s Zach Lowe said on his Lowe Post podcast that any hard feelings between the Jazz and the Knicks weren’t the reason why Utah made a deal with Cleveland instead of New York.
- “Emotions can play into this,” Lowe said, per RealGM. “I’ve been assured by the Utah side that ‘No, look, we’re mature people. Yes, we were upset with particularly the Mavs’ game incident, but we’re not going to make decisions based on those kind of things that now happened four months ago or whatever. We’ve made the best deal possible.'”
- In a column for The Salt Lake Tribune, Robert Gehrke focuses on the off-court impact of the Mitchell trade, arguing that Utah has lost a “conscience of our community.”
- Nekias Duncan of BasketballNews.com considers what Mike Conley can still bring to a contending team and explores which clubs might be realistic trade suitors for the veteran point guard. Meanwhile, Eric Walden of The Salt Lake Tribune weighs where Conley, Bojan Bogdanovic, and Jordan Clarkson could land if they’re traded.
- The Salt Lake City Stars – Utah’s G League affiliate – acquired the returning rights to Paris Bass and Elijah Cain in a trade with the South Bay Lakers, per a press release. Bass is reportedly signing an Exhibit 10 deal with the Jazz, so the team clearly intends to have him play for the Stars — it remains to be seen whether Cain is also in SLC’s plans for 2022/23.
Mavericks Sign Maxi Kleber To Three-Year Extension
7:41pm: The Mavericks have officially announced Kleber’s extension (via Twitter).
10:43am: Kleber’s extension will be fully guaranteed, sources tell Charania (Twitter link).
9:04am: The Mavericks are finalizing a three-year extension with forward Maxi Kleber, according to Shams Charania of The Athletic, who reports (via Twitter) that Kleber’s new contract will be worth $33MM.
Kleber is set to earn $9MM in 2022/23, the final season of the four-year, $34MM deal he signed with Dallas during the 2019 free agent period. His new agreement with the team, which will bump his average annual salary to $11MM, will extend his contract through the 2025/26 season.
An undrafted free agent from Germany, Kleber has spent the last five seasons with the Mavericks. He has appeared in 326 regular season games during that time, starting 136 of them and averaging 7.1 PPG and 4.8 RPG on .446/.359/.796 shooting in 22.7 minutes per contest.
Kleber, 30, saw his shooting percentages drop off noticeably in 2021/22, as he made just 39.8% of his shots from the floor, including 32.5% of his threes. However, Dallas’ new financial commitment to him suggests the team is confident he’ll bounce back in ’22/23.
With Spencer Dinwiddie‘s and Reggie Bullock‘s salaries for 2023/24 not yet fully guaranteed, there might have been a path for the Mavs to create some cap flexibility next summer. However, their deal with Kleber signals they’re fully preparing to operate over the cap again, even with Christian Wood and Dwight Powell still on expiring deals.
Kleber will become one of three Dallas players under contract through at least ’25/26, joining Luka Doncic and Dorian Finney-Smith, who holds a player option for that year.
Because Kleber’s extension will exceed the NBA’s extend-and-trade limits, he’ll be ineligible to be dealt for six months after his signing date. Even if the two sides finalize the agreement shortly, that six-month window will extend into March, well past the 2023 trade deadline, so Dallas won’t be able to move him until next offseason.
Kleber is set to become the 10th player to sign a veteran contract extension so far this offseason, as our tracker shows.
Jazz Trade Donovan Mitchell To Cavaliers
SEPTEMBER 8: The Jazz officially confirmed the trade of Mitchell in a press release. “Our entire organization wishes him every success in his future,” team owner Ryan Smith said in the release. “Once a Jazzman, always a Jazzman.”
SEPTEMBER 3: The Mitchell trade is now official, tweets Chris Fedor of Cleveland.com.
“The acquisition of Donovan Mitchell presented us with an incredible opportunity to bring one of the NBA’s most dynamic young All-Stars to Cleveland,” general manager Koby Altman said in the press release announcing the move. “Already a special and proven talent at just 25 years old, Donovan brings a competitive mentality that organically fits with the core group of this team.”
SEPTEMBER 1: The Cavaliers have agreed to a trade with the Jazz and will acquire star guard Donovan Mitchell, sources tell Adrian Wojnarowski of ESPN.
According to Wojnarowski (via Twitter), Cleveland is sending three unprotected first-round picks and two pick swaps to Utah as part of the deal. Lauri Markkanen, first-round pick Ochai Agbaji, and Collin Sexton are also headed to the Jazz in the blockbuster trade, reports Chris Haynes of Yahoo Sports (Twitter link).
Sexton is a restricted free agent, so he’ll need to be signed-and-traded as part of the agreement. His new deal with the Jazz will be worth $72MM over four years and will be fully guaranteed, according to Shams Charania of The Athletic (Twitter links).
The three first-round picks going to Utah will be in 2025, 2027, and 2029, since Cleveland already owes its lottery-protected 2023 first-rounder to Indiana, as ESPN’s Bobby Marks tweets. The Jazz will have the ability to swap first-rounders with the Cavs in 2026 and 2028, tweets Wojnarowski.
John Gambadoro of Arizona Sports 98.7 first identified the Cavaliers last week as a team with interest in Mitchell, and Ian Begley of SNY.tv subsequently reported that Cleveland had “touched base” with Utah about the three-time All-Star guard.
Still, today’s news comes as a major surprise. Begley reported last Friday that the Cavs were removing themselves from the Mitchell negotiations, while Brian Windhorst of ESPN said Cleveland had made it clear to the Jazz in their earlier discussions that Darius Garland, Evan Mobley, and Jarrett Allen weren’t on the table. That seemingly made it difficult for the Cavs to meet Utah’s asking price.
However, the Cavs’ package will include most of the other noteworthy assets at their disposal, including all their tradable first-round picks, this year’s No. 14 overall selection (Agbaji), and Sexton, who is just one year removed from averaging 24.3 PPG and 4.4 APG on .475/.371/.815 shooting in 60 games (35.3 MPG).
As good as Sexton was in 2020/21, Mitchell represents an upgrade at the shooting guard position in Cleveland. In his last two seasons, he has averaged 26.1 points, 5.3 assists, and 4.3 rebounds per game in 120 appearances (33.6 MPG), with a shooting line of .444/.368/.849 shooting line. He’ll earn a $1.68MM trade bonus as part of the deal, Marks notes (via Twitter).
With a core of Mitchell, Garland, Mobley, and Allen, the Cavs will be led by a pair of star duos — an offensively-minded pairing in the backcourt and a rim-protecting duo in the frontcourt.
All of those cornerstone players will be under contract for at least the next three years. Garland signed a new five-year extension this offseason, Mobley’s rookie contract runs through 2025, Allen is in the second year of a five-year contract, and Mitchell is locked up through at least the 2024/25 season (he has a player option for ’25/26).
With their three-for-one trade, the Cavs no longer have to worry about a logjam on their 15-man roster and should, in fact, have one open spot to fill. Once the deal is official, they’ll have 12 players on fully guaranteed contracts, with Lamar Stevens and Dean Wade on non-guaranteed deals. They’ll also create a $3.9MM trade exception in the swap and remain $2.47MM below the tax line, according to Marks (Twitter link).
The Knicks had long been viewed as the frontrunners for Mitchell, but they were never willing to offer more than two unprotected first-round picks (in addition to other protected first-rounders), per Jake Fischer of Bleacher Report (Twitter link). Unprotected first-round picks and swaps had been the trade chips that Danny Ainge and the Jazz coveted most, as was the case when they acquired a similar return in exchange for Rudy Gobert earlier this summer.
The Knicks and Jazz reportedly reached an impasse earlier this week when the Knicks set an informal Monday night deadline to either agree to a Mitchell trade or extend RJ Barrett, who was being discussed as a possible centerpiece in several permutations of a Mitchell deal. New York ultimately decided to sign Barrett to an extension, which complicated salary matching in a potential trade due to the poison pill provision and brought those trade talks to a temporary halt.
While there was an expectation that the Knicks and Jazz would reengage in the coming weeks, their stalemate opened the door for Cavs general manager Koby Altman to circle back to Utah general manager Justin Zanik, according to Wojnarowski, who says (via Twitter) the two teams “reassembled” a deal they’d been discussing in previous weeks.
The Jazz are now in full rebuilding mode, having traded their two All-Stars in the two most significant deals of the NBA offseason. Taking into account the trades for Mitchell, Gobert, and Royce O’Neale, Utah has acquired eight future first-rounders this summer, and all but one of those picks is unprotected (the eighth is top-five protected). The Jazz also acquired three pick swaps and a pair of players who were drafted in the first round this June (Agbaji and Walker Kessler).
While the Jazz appear to be in teardown mode, their four-year investment in Sexton suggests he’s a major part of their long-term plans. Fischer had reported back in July that Utah was exploring a possible sign-and-trade for the 23-year-old, so he has been on the club’s radar for some time.
Sexton is coming off a lost season due to a torn meniscus, but should be fully healthy this fall and has shown in his first four NBA seasons that he’s capable of becoming one of the league’s highest-scoring guards. Utah also views Markkanen and Agbaji as keepers going forward, tweets Wojnarowski.
Once the trade is official, the Jazz will have 17 players on fully guaranteed contracts, so more roster moves – either cuts, trades, or both – will be coming before opening night. Veterans like Mike Conley, Bojan Bogdanovic, Malik Beasley, and Jordan Clarkson could still be on the trade block.
While it shouldn’t have much of an impact on their roster moves, it’s also worth noting that the Jazz will face a hard cap of $156.98MM for the rest of the 2022/23 league year once they formally sign-and-trade for Sexton. For now, they’re $1.7MM below the tax line ($150.27MM), tweets Marks.
Players Currently Affected By Trade Restrictions
The NBA has no shortage of rules affecting which players can and can’t be traded at any given time, which complicates our understanding of which players are truly moveable. That’s especially true leading up to the regular season, when players who recently signed free agent contracts, extensions, and rookie contracts all face different sets of trade restrictions.
In an effort to clear things up, we’re looking today at which players around the NBA are currently affected by trade restrictions of one kind or another. Let’s dive in…
Recently signed free agents
For the most part, a free agent who signed a contract in the offseason is ineligible to be traded until December 15.
Currently, our list of players who will become trade-eligible on December 15 features 78 names, including Knicks guard Jalen Brunson, the most notable free agent to change teams this summer. But the list is technically even longer than that, since we haven’t included players who signed Exhibit 10 contracts. Most of those players will be waived by opening night, but if they earn spots on regular season rosters, the December 15 trade restriction would apply to them too.
It’s worth noting that Knicks big man Jericho Sims falls into this category too, despite not being a free agent this summer. A player who has his two-way deal converted to a standard contract during the offseason, like Sims did, also doesn’t become trade-eligible until December 15.
A select group of recently signed free agents won’t become trade-eligible until January 15. These 20 players all meet a specific set of criteria: Not only did they re-sign with their previous team this offseason, but they got a raise of at least 20%, their salary is worth more than the minimum, and their team was over the cap, using Bird or Early Bird rights to sign them.
A free agent who signs after September 15 won’t become trade-eligible until three months after his signing date. So, if a player signs with a team on September 29, he’d become eligible for a trade on December 29. Because the 2023 trade deadline is set to land on February 9, a free agent who signs a contract after November 9 won’t be trade-eligible this season.
The above rules apply to players who sign standard contracts, not two-way deals. A player who signs a two-way contract is ineligible to be traded for 30 days. So Malcolm Hill, who signed with the Bulls on Wednesday, will become trade-eligible on October 7. Two-way players are virtually never traded anyway though.
Recently signed draft picks
Like a player who signs a two-way contract, a draftee who signs his first NBA contract is ineligible to be traded for 30 days. Currently, this restriction only impacts Raptors second-rounder Christian Koloko, who signed on August 26 and will become trade-eligible on September 25.
The rest of this year’s draftees can currently be traded. That list includes all the players besides Koloko who have signed, since more than 30 days have passed since their officially completed their deals.
It also includes those players who remain unsigned, such as E.J. Liddell or Kendall Brown, since their draft rights can be traded until they sign their contract. Once they officially sign, they’ll become trade-ineligible for 30 days.
Players with veto ability
Wizards star Bradley Beal is the only NBA player who has a genuine no-trade clause in his contract, but several other players have the ability to veto trades this season due to various quirks of the Collective Bargaining Agreement.
The most notable of those players is Suns center Deandre Ayton, whose consent is required because Phoenix matched his offer sheet from the Pacers this offseason. Sixers guard James Harden also has the ability to veto a trade in 2022/23.
The rest of the list, which consists of 16 more names, is significantly less star-studded — Drew Eubanks, Nathan Knight, Theo Pinson, and Luca Vildoza are among the players who can veto trades this season, for example.
Players who have signed veteran extensions
A player who signs a rookie scale extension becomes more difficult to trade due to the “poison pill provision,” but he could theoretically be moved immediately.
That’s not necessarily the case for a player who signs a veteran contract extension. A player who signs a veteran extension that locks him up for more than three total years (including his current contract) and/or includes a raise higher than 5% become ineligible to be traded for the next six months.
With the help of our extension trackers, here are the players currently affected by that rule, along with the dates they’ll become trade-eligible:
- December 28: Ivica Zubac (Clippers)
- January 7: John Konchar (Grizzlies)
- January 9: Damian Lillard (Trail Blazers)
- January 18: Pat Connaughton (Bucks)
- January 20: Kenrich Williams (Thunder)
- February 18: LeBron James (Lakers)
- March 8: Maxi Kleber (Mavericks)
- Note: Since the trade deadline will be February 9, James and Kleber won’t be eligible to be traded until the 2023 offseason.
Five players who signed veteran extensions in recent months received new contracts that didn’t exceed three total years or include raises greater than 5%, meaning they remain eligible to be traded. Those players are Kentavious Caldwell-Pope (Nuggets), Robert Covington (Clippers), Thaddeus Young (Raptors), Gary Harris (Magic), and Taurean Prince (Timberwolves).
Players who have signed Designated Veteran extensions
A Designated Veteran contract is also known as a “super-max” deal — it’s a maximum-salary contract that starts at 35% of the cap instead of 30% because the player has met certain performance criteria before achieving 10 years of NBA service.
A player who signs a Designated Veteran contract or extension can’t be traded for one full year after his signing date.
Three star players have signed Designated Veteran extensions this offseason. Here are those players, along with the dates they’ll become trade-eligible:
- July 6: Devin Booker (Suns)
- July 7: Karl-Anthony Towns (Timberwolves)
- July 8: Nikola Jokic (Nuggets)
Players affected by aggregation restrictions
When a team trades for a player via salary-matching or using an exception (ie. not by absorbing the player into cap room), that team can’t “aggregate” the player in another trade for two months. Aggregating a player means combining his salary with another player’s for matching purposes.
For instance, when the Jazz acquired Patrick Beverley, Malik Beasley, Jarred Vanderbilt, and Leandro Bolmaro in the Rudy Gobert blockbuster on July 6, they were prohibited from aggregating any of those players in a second deal until at least September 6. Utah ultimately moved Beverley on August 25 and was able to do so because he was the only outgoing player in that trade.
Since most of this offseason’s trades were completed in late June or early July, this restriction is no longer affecting many players. By the end of the coming weekend, only a small handful of players will still be ineligible to be aggregated in a trade. Here are those players, along with the dates they’ll become eligible to be aggregated:
- October 25: Patrick Beverley (Lakers), Talen Horton-Tucker (Jazz), Stanley Johnson (Jazz)
- November 3: Donovan Mitchell (Cavaliers), Lauri Markkanen (Jazz), Ochai Agbaji (Jazz)
- Note: New Jazz guard Collin Sexton will still be ineligible to be traded at this point because he signed a new free agent contract.
Any player who is traded this season after December 9 (without being acquired via cap room) won’t be eligible to be flipped prior to the trade deadline in a second deal that aggregates his salary with another player’s.
Contract Details: M. Morris, Vonleh, M. Hill, Blazers
Markieff Morris‘ one-year, minimum-salary contract with the Nets is non-guaranteed for now, but the veteran forward will receive a partial guarantee worth $500K if he isn’t waived on or before the first day of the regular season, Hoops Rumors has learned.
Morris’ partial guarantee would increase to $1MM if he hasn’t been cut by December 10. He would lock in his full $2,905,581 minimum salary (only $1,836,090 counts against the Nets’ cap) after the league-wide guarantee date in January, assuming he remains under contract.
Here are a few more details on recently signed contracts from around the NBA:
- Noah Vonleh‘s one-year, minimum-salary deal with the Celtics, which is now official, includes an Exhibit 9 clause, but not an Exhibit 10. Teams generally include Exhibit 10 clauses in order to either convert a contract to a two-way deal or because they expect the player to suit up for their G League affiliate. Vonleh isn’t eligible for a two-way deal and it appears there are no plans to have him join the Maine Celtics if he doesn’t make Boston’s regular season roster.
- Malcolm Hill accepted his two-way qualifying offer from the Bulls, Hoops Rumors has confirmed, so his two-way deal only covers one year — he’ll be eligible for restricted free agency in 2023.
- As expected, the four camp invitees signed by the Trail Blazers – Devontae Cacok, Olivier Sarr, Jared Rhoden, and Isaiah Miller – all received Exhibit 10 contracts. Portland doesn’t have a G League affiliate, so those players won’t receive Exhibit 10 bonuses, but their contracts could be converted into two-way deals.
