Bucks Re-Sign Luca Vildoza, Rayjon Tucker
After waiving both players on Tuesday, the Bucks have officially re-signed guards Luca Vildoza and Rayjon Tucker to one-year, minimum-salary contracts.
The new deals for Vildoza and Tucker are both non-guaranteed. Tucker’s contract includes Exhibit 10 language, which would allow Milwaukee to convert his deal to a two-way contract, but Vildoza’s does not.
Vildoza, 26, played internationally in Spain for several seasons prior to reaching a buyout to sign with the Knicks in May 2021. The Argentian guard was waived after he underwent foot surgery last October, but caught on with the Bucks and made seven very brief postseason appearances with the team. He has yet to make his NBA regular season debut.
Tucker has appeared in a total of 39 NBA games across three seasons for Utah, Philadelphia, Denver a nd Milwaukee, averaging 3.0 PPG and 1.0 RPG in just 7.7 minutes per contest. He has been much more active in the G League during that span, having played for the Salt Lake City Stars, the Wisconsin Herd, and the Delaware Blue Coats. In 27 regular season games this past season for the Herd (the Bucks’ NBAGL affiliate), the wing averaged an impressive 21.1 PPG on 53% shooting. He also chipped in 7.6 RPG, 3.8 APG, and 1.2 SPG.
The Bucks now have 17 total players under contract, including 13 on guaranteed salaries and two on two-way deals. The team is also expected to make its new deal with Serge Ibaka official soon.
Pacers Trade Malcolm Brogdon To Celtics
JULY 9: The Celtics’ deal with the Pacers for Brogdon is now official, per an Indiana press release.
JULY 1: The Pacers have agreed to trade veteran guard Malcolm Brogdon to the Celtics, according to Adrian Wojnarowski of ESPN (Twitter link).
The deal will send center Daniel Theis, wing Aaron Nesmith, and a 2023 first-round pick to Indiana, Wojnarowski reports (via Twitter). Nik Stauskas, Malik Fitts, and Juwan Morgan are also headed to the Pacers in the swap, Wojnarowski adds (via Twitter).
The 2023 first-round pick the Pacers are acquiring in the trade will be top-12 protected, tweets Brian Robb of MassLive. If it doesn’t convey, Indiana will instead receive a second-rounder.
The Celtics wanted to acquire a “true play-making guard,” Wojnarowski explains (via Twitter), and were able to do so without including any of their core players in the package. Brogdon has battled injuries frequently over the course of his six-year career, but has been effective on both ends of the court when healthy.
In 2021/22, the 29-year-old averaged 19.1 PPG, 5.9 APG, and 5.1 RPG in 36 games (33.5 MPG) for the Pacers. Brogdon’s three-point percentage dipped to 31.2% last season, but he’s still a 37.6% career shooter from beyond the arc.
Although Brogdon’s name has come up frequently in trade rumors this offseason, he was primarily linked to the Wizards and Knicks in the weeks leading up to the draft. Washington addressed its point guard hole by agreeing to acquire Monte Morris and sign Delon Wright, while New York landed Jalen Brunson in free agency. That opened the door for another Eastern Conference club to make a deal with the Pacers.
Brogdon will earn $67.6MM over the next three seasons, including $22.6MM in 2022/23. In order to match his salary and make the trade legal, the Celtics will have to include five players in their package — the priciest of those players, Theis, is making $8.69MM next season, while Nesmith will earn $3.8MM. Stauskas, Fitts, and Morgan were on non-guaranteed minimum-salary contracts, which will become guaranteed for matching purposes, tweets Bobby Marks of ESPN.
The Celtics, who also reportedly agreed to sign Danilo Gallinari, now have about $167.5MM committed to 11 players, according to Chris Forsberg of NBC Sports Boston (Twitter link), so team ownership doesn’t appear worried about paying a tax bill in 2022/23. Depending on how deep into the tax Boston is willing to go, the club could also make use of its $17MM trade exception, which won’t be utilized in this deal.
The Pacers, meanwhile, had interest in Grant Williams, according to Jake Fischer of Bleacher Report (Twitter link), but were ultimately willing to accept for a Celtics’ 2023 first-round pick that could land pretty late in the 20s.
Indiana may also see value in Theis and Nesmith, but the deal is more about the first-rounder and the cap flexibility moving off Brogdon will create. In addition to clearing some long-term money, the Pacers now have about $31MM in projected cap room this summer, tweets Marks.
The two teams will have to wait until July 9 to officially complete the trade, Marks notes (via Twitter), since Morgan can’t be dealt until then.
Contract Details: Drummond, Jones, LaVine, Cancar, Martin, Nurkic
The two-year contracts that Andre Drummond and Derrick Jones signed with the Bulls have virtually identical terms. Both players will earn guaranteed $3.2MM salaries in 2022/23, with $3.36MM player options for the ’23/24 season, Hoops Rumors has learned. The only real difference between the two deals is how the Bulls completed them — Drummond received a portion of the non-taxpayer mid-level exception, while Jones was re-signed using his Non-Bird rights.
Here are more details on recently signed contracts from around the NBA:
- Zach LaVine‘s five-year, maximum-salary contract with the Bulls includes a 15% trade kicker, Hoops Rumors has learned. For 2022/23, at least, that kicker will be inconsequential since LaVine is already earning the max, but it could be a factor later in his deal if the annual salary cap increases outpace his annual 8% raises.
- Vlatko Cancar‘s three-year contract with the Nuggets features matching $2,234,359 cap hits in each of the first two seasons, plus a $2,346,606 team option for 2024/25. The first two years are guaranteed.
- Heat forward Caleb Martin received a starting salary of $6,479,000, which is the full portion of the taxpayer mid-level exception. Miami remains below the tax apron, so the team can use the rest of the non-taxpayer MLE (approximately $4MM more) if it so chooses. Martin also got a third-year player option and a 15% trade kicker on his new three-year deal.
- Jusuf Nurkic‘s four-year, $70MM contract with the Trail Blazers is fully guaranteed and is structured with standard 8% annual raises. It starts at $15,625,000 in 2022/23 and increases to $19,375,000 by year four in ’25/26.
Cavaliers Sign Darius Garland To Five-Year Max Extension
JULY 9: The Cavaliers have officially announced Garland’s rookie scale extension, per a press release.
“We’ve quickly seen Darius grow into an NBA All-Star and an integral core piece in our pursuit of sustainable success,” team president Coby Altman said in a statement. “Both on and off the court, Darius has demonstrated a strong commitment to this organization and the community. We look forward to our future and what we can accomplish here in Cleveland.”
JULY 2: The Cavaliers and point guard Darius Garland have reached an agreement on a five-year rookie scale extension that will be the largest deal in franchise history, reports Adrian Wojnarowski of ESPN (Twitter link).
It’s a maximum-salary extension that will will have a starting salary of at least 25% – and possibly up to 30% – of the 2023/24 cap, agent Rich Paul tells Wojnarowski. Based on the NBA’s latest projections for ’23/24, the deal will be worth at least $192.85MM and could be worth as much as $231.42MM.
Garland has steadily improved in each of his three NBA seasons. In 2021/22, he established new career highs in PPG (21.7), APG (8.6), RPG (3.3), and FG% (.462) as he helped lead Cleveland to a play-in spot. The 22-year-old made his first All-Star team and was a finalist for the league’s Most Improved Player award.
The Cavaliers made serious strides in 2021/22 behind a core of Garland, Evan Mobley, and Jarrett Allen. Mobley’s rookie contract covers three more years, while Allen is under contract for the next four seasons, so the franchise now has that core locked up for the foreseeable future.
Garland’s new contract will go into effect as Kevin Love ($28.94MM) and Caris LeVert ($18.79MM) come off the books in 2023, so the Cavaliers will still have some financial flexibility going forward and aren’t in any immediate danger of becoming a taxpayer.
The exact value of Garland’s extension will depend on where the 2023/24 cap (currently projected at $133MM) lands and whether or not he meets the Rose Rule criteria to increase his starting salary to 30% of the cap.
While Garland is reportedly receiving Rose Rule language in his new deal, it may not be as simple as a spot on the All-NBA Third Team increasing his starting salary to 30% of the cap. Teams and players can negotiate different starting salaries based on what specific criteria the player meets. For instance, Garland may need to make the All-NBA First Team or Second Team in order to get the full 30% — we’ll have to wait for more details.
Even if he doesn’t make an All-NBA team next season, Garland is in line for a starting salary of $33.3MM on his extension, with subsequent 8% raises. He’ll also join the NBA’s list of designated rookies, which we outlined earlier today.
With Garland’s deal done, the Cavaliers figure to shift their focus to a new deal for another guard, Collin Sexton, who is still a restricted free agent.
Contract Details: DiVincenzo, Brown, Warren, Eubanks, Pinson
Donte DiVincenzo‘s new two-year contract with the Warriors includes a 15% trade kicker, Hoops Rumors has learned. Golden State signed DiVincenzo using a $4.5MM chunk of its taxpayer mid-level exception, leaving a leftover portion of $1,979,000 on that MLE. DiVincenzo’s second-year player option is worth $4,725,000.
Here are a few more details on recently signed contracts:
- Bruce Brown‘s two-year deal with the Nuggets is worth the full taxpayer mid-level exception ($6,479,000), with the maximum allowable 5% raise for his second-year player option ($6,802,950), Hoops Rumors has learned.
- T.J. Warren‘s one-year contract with the Nets is worth the veteran’s minimum, Hoops Rumors has confirmed. Warren will earn a $2,628,597 salary while Brooklyn takes on a cap hit of $1,836,090 for the veteran forward.
- As expected, the new one-year contracts Drew Eubanks (Trail Blazers) and Theo Pinson (Mavericks) are also worth the veteran’s minimum. Both deals are guaranteed.
Southwest Notes: Rockets, McGee, Spurs, Pelicans
When the Rockets became convinced on draft day that the Magic were going to use the first overall pick on Paolo Banchero, Houston made Orlando a trade offer for that No. 1 pick, sources tell Tim MacMahon and Brian Windhorst of ESPN.
As MacMahon and Windhorst explain, the Rockets had been expecting to end up with Banchero and had only recently been given Jabari Smith‘s medical information from his agent, Wallace Prather. Bill Duffy, Chet Holmgren‘s agent, told the Rockets he’d only give them Holmgren’s medicals if he got the sense that both Orlando and Oklahoma City were passing on his client.
According to ESPN’s duo, the Rockets were comfortable staying at No. 3 if Smith fell to them, but were worried about having to make a decision on Holmgren without getting much time to look over his medicals, which was why they inquired about moving up. After the Magic turned them down, the Thunder took Holmgren at No. 2, with Smith falling to Houston at No. 3 — all three teams ultimately left the draft happy, and while Banchero and Smith were surprised by where they ended up, neither was upset by the outcome.
“Jabari ended up in a place that fits who he is,” Prather said. “There was nothing but excitement on Jabari’s part about going to Houston. We love their young core. We love the city. We love the passion of their fan base.”
For what it’s worth, Banchero got the upper hand on Smith in their respective Summer League debuts on Thursday, as Tim Bontemps of ESPN writes. The Magic forward scored 17 points in Orlando’s win over Smith and the Rockets.
Here’s more from around the Southwest:
- A coaching assistant last season with the Rockets, Will Dunn has been promoted to an assistant coach position, writes Jonathan Feigen of The Houston Chronicle.
- Appearing on ESPN’s NBA Today (video link), Mavericks head coach Jason Kidd confirmed that the plan is to insert newly-signed big man JaVale McGee into the starting five. McGee told ESPN when he agreed to a deal with Dallas last week that he expected to be the team’s starting center.
- The Spurs ruled out Jeremy Sochan and Joe Wieskamp for the entire Las Vegas Summer League, per Tom Orsborn of The San Antonio Express-News (Twitter link). Sochan missed all of the team’s pre-Vegas practices due to COVID-19, while Wieskamp, who remains a restricted free agent for San Antonio, sprained his ankle in a Tuesday practice.
- Noting that the Pelicans‘ front office has shown a knack for identifying under-the-radar talent, Christian Clark of NOLA.com identifies three players on the team’s Summer League roster who could warrant a longer look from the club.
Spurs Officially Waive Danilo Gallinari
As expected, the Spurs have waived forward Danilo Gallinari, sources tell ESPN’s Bobby Marks (Twitter link).
Acquired by San Antonio in the Dejounte Murray trade in June, Gallinari was used as a salary-matching piece in that deal. The $5MM partial guarantee on his $21.45MM salary for 2022/23 was increased to $13MM to help make the deal work, according to Marks.
Additionally, Gallinari’s salary guarantee date was pushed back from June 29 to July 8. By waiving him today, the Spurs will avoid paying the remaining non-guaranteed portion ($8.45MM) of his ’22/23 salary.
Gallinari has already lined up a deal with the Celtics and will be able to officially sign with Boston after he clears waivers on Sunday. He is reportedly receiving $13MM across two seasons on his new contract, which will include a second-year player option. The Celtics are completing the signing using their taxpayer mid-level exception.
Although he won’t help improve the Celtics’ top-ranked defense, Gallinari is a talented scorer and shooter who can play several positions. He has connected at 38.1% from three-point range during his career and averaged 11.7 points and 4.7 rebounds per game with the Hawks last season.
Nuggets Sign Nikola Jokic To Super-Max Extension
JULY 8: Jokic’s super-max extension is now official, the Nuggets announced today in a press release.
JUNE 30: The Nuggets and two-time MVP Nikola Jokic have agreed to terms on a five-year, super-max extension that projects to be the richest contract in NBA history, sources tell Shams Charania of The Athletic (Twitter link).
Jokic has one year remaining on his current contract, so his new deal will begin in 2023/24 and will be worth 35% of that year’s cap, with subsequent 8% raises.
With the NBA now projecting a $133MM cap for ’23/24, per Eric Pincus of Bleacher Report (Twitter link), Jokic is on track to earn a starting salary of $46.55MM and a total of $269.99MM across five seasons.
The contract will include a player option in the fifth year, per Charania. Jokic’s salary for that season (2027/28) projects to be worth $61.45MM. The deal will also include a trade kicker, tweets ESPN’s Adrian Wojnarowski.
Jokic, who met the criteria for a super-max extension a year ago when he won his first Most Valuable Player award, wasn’t technically eligible to sign such a deal until this year, when he had seven years of NBA experience under his belt.
He cemented his case for that super-max deal by winning a second MVP award in 2021/22, establishing new career highs in PPG (27.1), RPG (13.8), and FG% (.583) while also averaging 7.9 assists, 1.5 steals, and 0.9 blocks per game in 74 contests (33.5 MPG).
This extension agreement had long been anticipated. Jokic’s agent Misko Raznatovic said earlier in the year that he anticipated his client would sign a super-max extension, and the center himself confirmed in April that he’d accept the offer if the Nuggets put it on the table.
James Harden Plans To Sign Two-Year Deal With Sixers
After turning down a $47.4MM player option for the 2022/23 season, star guard James Harden will accept a starting salary about $15MM below that on a new deal with the Sixers, sources tell Shams Charania of The Athletic (Twitter link). That would result in a ’22/23 salary in the $32-33MM range.
According to Charania, Harden intends to sign a two-year contract with Philadelphia that includes a player option for ’23/24. While the exact terms of the deal aren’t yet known, Charania’s reporting suggests a total value in the neighborhood of $66-68MM.
When Harden declined his option last week, reports at the time indicated that he planned to sign a new contract with the Sixers that included a lower first-year salary in order to help the team accommodate other roster moves.
Philadelphia has since used its full mid-level exception to sign P.J. Tucker and its bi-annual exception to sign Danuel House, hard-capping team salary at approximately $157MM for the season. Harden’s new deal should leave the 76ers with about $2MM in wiggle room below that hard cap, tweets Derek Bodner of The Daily Six.
According to Charania (Twitter link), Harden’s close relationships with key figures in the Sixers organization, including president of basketball operations Daryl Morey and minority owner Michael Rubin (who is selling his stake in the franchise but is expected to remain involved), were major factors in establishing trust between the two sides during negotiations.
There was a sense after Harden declined his option that he’d be rewarded with a long-term contract that would give him more total guaranteed money, but the one-plus-one structure will give him the chance to opt out and sign a new maximum-salary contract next summer. It will also give him veto power on any trade during the 2022/23 league year.
Harden, who was traded from Brooklyn to Philadelphia midway through the 2021/22 season, had a down year by his standards and was hampered by a hamstring injury. The 10-time All-Star finished the season with 22.0 PPG, 10.3 APG, and 7.7 RPG on .410/.330/.877 shooting in 65 total games (37.2 MPG) for the Nets and Sixers.
Charania reported last week that the former MVP has resumed his workout and on-court program much earlier than usual this offseason and has communicated to Sixers officials that he’s focused on winning a championship in 2023.
Raptors Sign D.J. Wilson To Two-Year Contract
The Raptors have signed free agent forward D.J. Wilson to a multiyear contract, the team announced today in a press release. According to Michael Scotto of HoopsHype (Twitter link), it’s a two-year, minimum-salary deal that includes a $250K partial guarantee.
It’s a reunion for the Raptors and Wilson, who signed three 10-day contracts and appeared in four games with Toronto in 2021/22. The former first-round pick out of Michigan played well in his limited run with the club, averaging 7.5 points, 4.0 rebounds, and 1.3 steals in 13.5 minutes per game while knocking down 11-of-15 shots (73.3%).
Wilson was released from his third and final 10-day contract with the Raptors in March after injuring his knee.
A year ago, the Raptors signed several free agents to multiyear deals with small partial guarantees in the first season and had them compete for spots on the 15-man regular season roster. It’s possible the team will take the same route this year.
Currently, Toronto has 12 players on fully guaranteed standard contracts, with Dalano Banton and Armoni Brooks on partially guaranteed deals. Second-rounder Christian Koloko is also likely in line for a spot on the 15-man regular season roster, which would leave just two openings available for Banton, Brooks, Wilson, and any other free agents the Raptors may sign before the season.
Of course, with the Raptors still being linked to the Kevin Durant sweepstakes, it’s possible the roster could undergo more significant changes by the fall.