Recap Of 2026/27 Rookie Scale Option Decisions
Decisions on rookie scale options for the 2026/27 season were due on Friday — any team that wanted to exercise a third- or fourth-year option on a player for next season was required to do so by October 31.
As is typically the case, a huge majority of those options were picked up. Even for top picks, who are paid higher salaries due to the NBA’s rookie scale, those third- and fourth-year options are relatively team-friendly. So unless a player has fallen well short of his team’s expectations, it generally makes sense to lock in his salary for the following season at this point.
However, not every player with a 2026/27 team option had it exercised by Friday’s deadline. A player who had his option declined will now be on track to reach unrestricted free agency during the summer of 2026, assuming he’s not waived before then. At the end of the season, his team won’t be able to offer him a starting salary that exceeds the value of his declined option.
Listed below are the players who had their options turned down, followed by the players whose options were exercised. If a player had his option picked up, his ’26/27 salary is now guaranteed and he won’t be eligible for free agency until at least 2027.
Declined options:
- Jett Howard, Magic (fourth year, $7,337,938)
Kobe Bufkin, Nets (fourth year, $6,904,203)
- Note: Bufkin’s fourth-year option was declined when he was waived by Brooklyn.
- Dariq Whitehead, Nets (fourth year, $5,366,911)
- Note: Whitehead’s fourth-year option was declined when he was cut by Brooklyn.
- Olivier-Maxence Prosper, Mavericks (fourth year, $5,259,383)
- Note: Prosper’s fourth-year option was declined when he was waived by Dallas, which used the stretch provision to spread his $3MM cap hit over three seasons.
- Nick Smith Jr., Hornets (fourth year, $4,890,067)
- Note: Smith’s fourth-year option was declined when he was released by Charlotte.
- Kobe Brown, Clippers (fourth year, $4,792,058)
- Dillon Jones, Wizards (third year, $2,884,440)
- Note: Jones’ third-year option was declined when he was cut by Washington.
Jones was the only 2024 first-round pick (he was selected 26th overall) who did not have his third-year option picked up. In addition to the six 2023 first-rounders listed above, Jalen Hood-Schifino also had his third- and fourth-year options declined by the Lakers last year. He was subsequently traded to — and released by — the Jazz, and is now on a two-way contract with Philadelphia.
Howard (No. 11 overall in 2023) was the lone former lottery pick whose option was turned down this fall. The 22-year-old wing has yet to carve out a rotation role with Orlando, the team that selected him, and the Magic project to be a tax apron team next season even without Howard’s $7,337,938 salary on their books.
Aside from Howard, Brown is the only other player who remains with the team that declined his option. Similar to Howard, the 25-year-old forward has rarely played for the Clippers over the past two-plus seasons.
None of the declined options were too surprising this year, as the seven players have not been significant NBA contributors to this point in their careers.
The Nets’ decisions to waive Bufkin and Whitehead were motivated by a roster crunch and a desire to stay above the minimum salary floor entering the season — not reaching the floor would have caused Brooklyn to lose its luxury tax distribution, which is projected to be around $12.8MM.
The Mavs, Hornets and Wizards were all facing roster crunches as well. While Charlotte and Washington had plenty of financial wiggle room to eat guaranteed salaries, Dallas needed to use the stretch provision on Prosper to create enough room below its second-apron cap to finalize a veteran’s minimum deal with Dante Exum, who has yet to play this season due to a knee injury.
Prosper and Smith are now on two-way deals with the Grizzlies and Lakers, respectively, after having their fourth-year options declined. Bufkin, Whitehead and Jones are all unrestricted free agents.
Exercised options:
Fourth year:
Note: These players will become eligible for rookie scale extensions in July of 2026. If they’re not extended, they’ll be on track for restricted free agency in 2027.
- Victor Wembanyama, Spurs ($16,868,246)
Brandon Miller, Hornets ($15,104,626)- Scoot Henderson, Trail Blazers ($13,585,523)
- Amen Thompson, Rockets ($12,258,609)
- Ausar Thompson, Pistons ($11,117,925)
- Anthony Black, Magic ($10,106,315)
- Bilal Coulibaly, Wizards ($9,240,012)
- Jarace Walker, Pacers ($8,478,541)
- Taylor Hendricks, Jazz ($7,805,900)
- Cason Wallace, Thunder ($7,420,806)
- Dereck Lively II, Mavericks ($7,239,130)
- Gradey Dick, Raptors ($7,131,510)
- Jordan Hawkins, Pelicans ($7,021,895)
- Keyonte George, Jazz ($6,563,925)
- Jaime Jaquez Jr., Heat ($5,939,141)
- Brandin Podziemski, Warriors ($5,679,458)
- Cam Whitmore, Wizards ($5,458,310)
- Noah Clowney, Nets ($5,414,034)
- Kris Murray, Trail Blazers ($5,315,004)
- Marcus Sasser, Pistons ($5,198,983)
- Ben Sheppard, Pacers ($5,031,668)
- Brice Sensabaugh, Jazz ($4,862,237)
- Julian Strawther, Nuggets ($4,826,931)
These 23 players who had their fourth-year options exercised, along with the seven listed in the section above who had their fourth-year options declined, were drafted in the first round in 2023.
Third year:
Note: Teams will have to make fourth-year option decisions for 2026/27 on these players by November 2, 2026.
- Zaccharie Risacher, Hawks ($13,826,040)
Alex Sarr, Wizards ($12,370,680)- Reed Sheppard, Rockets ($11,108,880)
- Stephon Castle, Spurs ($10,015,920)
- Ron Holland, Pistons ($9,069,600)
- Tidjane Salaun, Hornets ($8,237,880)
- Donovan Clingan, Trail Blazers ($7,519,920)
- Rob Dillingham, Timberwolves ($6,889,320)
- Zach Edey, Grizzlies ($6,332,760)
- Cody Williams, Jazz ($6,015,600)
- Matas Buzelis, Bulls ($5,715,360)
- Nikola Topic, Thunder ($5,429,760)
- Devin Carter, Kings ($5,158,080)
- Bub Carrington, Wizards ($4,900,560)
- Kel’el Ware, Heat ($4,654,920)
- Jared McCain, Sixers ($4,422,600)
- Dalton Knecht, Lakers ($4,201,080)
- Tristan Da Silva, Magic ($3,991,200)
- Ja’Kobe Walter, Raptors ($3,811,800)
- Jaylon Tyson, Cavaliers ($3,658,560)
- Yves Missi, Pelicans ($3,512,760)
- DaRon Holmes, Nuggets ($3,372,120)
- AJ Johnson, Wizards ($3,237,120)
- Kyshawn George, Wizards ($3,108,000)
- Pacome Dadiet, Knicks ($2,983,680)
- Terrence Shannon Jr., Timberwolves ($2,801,640)
- Ryan Dunn, Suns ($2,784,240)
- Isaiah Collier, Jazz ($2,763,960)
- Baylor Scheierman, Celtics ($2,744,040)
As usual, nearly every player from the 2024 draft class had his third-year option picked up, with 29 of 30 exercised. As noted above, Jones is the only player from 2024’s first round who is now a free agent.
For a team-by-team breakdown of this year’s rookie scale option decisions for the 2026/27 season, along with full stories on each decision, you can check out our tracker.
Community Shootaround: NBA’s Undefeated Teams
If NBA fans had been polled prior to the season about which four teams would be the last to lose a regular season game, it’s safe to assume the defending champion Thunder would have received a ton of votes. So it doesn’t come as a huge surprise that Oklahoma City – which set a new NBA record by winning a 21st consecutive game against an Eastern Conference opponent on Thursday, per Nick Gallo (Twitter link) – is the league’s only 6-0 team entering Friday’s games.
But fans would presumably have hard a much tougher time predicting the other three teams in that undefeated group alongside the Thunder. After 10 days of regular season action, the Spurs (5-0), Sixers (4-0), and Bulls (4-0) also haven’t lost a game.
Incredibly, while the Spurs have been playing in the NBA for a half-century and have won five titles during that time, this is the first year the team has ever gotten off to a 5-0 start. As Michael C. Wright of ESPN details, Victor Wembanyama has been leading the way by playing at an MVP level. After piling up 26 points, 18 rebounds, and five blocked shots on Thursday vs. Miami, Wembanyama leads the league in rebounds (14.6) and blocks (4.8) per game while also averaging 30.2 points per night.
“It feels great,” Wembanyama said of the Spurs’ five consecutive wins, per Wright. “It’s not random. We didn’t get those five wins randomly. We worked for it. We started this season strong, and we need to keep that streak going for as long as possible.”
As impressive as the Spurs’ hot start has been on the heels of a 34-win performance in 2024/25, it’s not the most surprising season-opening run. That honor belongs to either the Sixers, who went 24-58 last season and still haven’t had star forward Paul George in their lineup, or the Bulls, a perennial play-in team who had an over/under of 32.5 wins prior to the season.
Besides not having George available yet, the Sixers have had star center Joel Embiid on a minutes restriction — he has played in just three of the team’s four games and has logged 21.0 minutes per night. Philadelphia’s success has been largely driven by a trio of guards, Tyrese Maxey, VJ Edgecombe, and Quentin Grimes, who have combined to average a remarkable 77.5 points per night, led by 37.5(!) from Maxey.
While the 76ers’ ability to make a deep playoff run in the spring will largely come down to what Embiid and George can give them, the fact that they’re thriving in the early going without major contributions from either of those two veteran stars is an extremely encouraging sign.
As for the Bulls, they opened the season with wins over three far trendier Eastern Conference playoff picks – the Pistons, Magic, and Hawks – before beating old friends Zach LaVine and DeMar DeRozan on Wednesday in a victory over the Kings. As Paul Sullivan of The Chicago Tribune (subscription required) writes, the Bulls – without top scorer Coby White – are succeeding as a result of a balanced offensive attack, with at least six players scoring in double figures in all four of their victories and no one averaging more than 20 points per game.
Whether their strong start will continue is up for debate, but Josh Giddey seems to be carrying his momentum from last year’s strong second half over to 2025/26, while Matas Buzelis is taking a step forward in his second NBA season and veteran center Nikola Vucevic continues to be a reliable source of offense. Role players like Tre Jones (.581/.625/.750), Ayo Dosunmu (.524/.500/.857), and Patrick Williams (.542/.500/.571) have all be on fire to open the season too.
We want to know what you think of those four undefeated teams. While there’s probably not much to say about the Thunder, what do you make of the Spurs’, Sixers’, and Bulls’ hot starts? Will they come back to earth sooner rather than later, or have you seen enough so far to feel confident about those teams’ chances to exceed their preseason expectations? Which team will be the last to lose a game this season?
Head to the comment section below to weigh in with your thoughts!
Rookie Scale Option Decisions Due On Friday
The NBA’s transaction wire hasn’t been as busy in the past week as it was leading up to to the regular season, but we can still expect one last flurry of moves in October. The deadline for teams to exercise their 2026/27 team options on rookie scale contracts arrives on Friday (October 31), and several of those decisions have yet to be reported or announced.
Unlike player or team options on veteran contracts, third- and fourth-year options on rookie scale contracts for former first-round picks must be exercised a year in advance. For instance, when the Spurs picked up Victor Wembanyama‘s fourth-year option earlier this month, they were locking in his salary for the 2026/27 season — his ’25/26 salary became guaranteed last October when the team exercised his third-year option.
As our tracker shows, 30 options have been picked up so far, but a number of teams still have decisions to make on players who were first-round picks in 2023 and 2024. Some of those remaining option decisions are no-brainers — the Sixers haven’t yet exercised Jared McCain‘s $4,422,600 option for 2026/27, for instance, but there’s no doubt they’ll do so.
Other decisions are less cut-and-dried. For example, the Knicks must decide whether they want to pick up Pacome Dadiet‘s $2,983,680 fourth-year option for ’26/27. Given New York’s position relative to the tax aprons and the fact that Dadiet has yet to show much at the NBA level, there’s no guarantee the Knicks will lock in that cap hit.
Here’s the list of the 24 option decisions that have yet to be officially finalized:
Atlanta Hawks
- Zaccharie Risacher (third year, $13,826,040)
Boston Celtics
- Baylor Scheierman (third year, $2,744,040)
Charlotte Hornets
- Brandon Miller (fourth year, $15,104,626)
- Tidjane Salaun (third year, $8,237,880)
Golden State Warriors
- Brandin Podziemski (fourth year, $5,679,458)
Houston Rockets
- Amen Thompson (fourth year, $12,258,609)
- Reed Sheppard (third year, $11,108,880)
Los Angeles Clippers
- Kobe Brown (fourth year, $4,792,058)
New York Knicks
- Pacome Dadiet (third year, $2,983,680)
Orlando Magic
- Anthony Black (fourth year, $10,106,315)
- Jett Howard (fourth year, $7,337,938)
- Tristan Da Silva (third year, $3,991,200)
Philadelphia 76ers
- Jared McCain (third year, $4,422,600)
Utah Jazz
Taylor Hendricks (fourth year, $7,805,900)- Keyonte George (fourth year, $6,563,925)
- Cody Williams (third year, $6,015,600)
- Brice Sensabaugh (fourth year, $4,862,237)
- Isaiah Collier (third year, $2,763,960)
Washington Wizards
- Alex Sarr (third year, $12,370,680)
- Bilal Coulibaly (fourth year, $9,240,012)
- Cam Whitmore (fourth year, $5,458,310)
- Bub Carrington (third year, $4,900,560)
- AJ Johnson (third year, $3,237,120)
- Kyshawn George (third year, $3,108,000)
Key In-Season NBA Dates, Deadlines For 2025/26
With the 2025/26 NBA season underway, our calendar of important 2025 preseason dates and deadlines can be retired in favor of a list of the key in-season dates for the ’25/26 campaign.
Here’s a breakdown of the deadlines and events that will influence player movement for the next several months across the NBA:
October 25
- NBA G League draft.
October 27
- NBA G League training camps open.
October 31
- Deadline for teams to exercise rookie scale options for 2026/27.
- Emirates NBA Cup (in-season tournament) begins.
November 7
- NBA G League Tip-Off Tournament begins.
November 28
- Emirates NBA Cup group play concludes.
December 1
- Priority order for waiver claims is now based on 2025/26 record, rather than 2024/25 record. Teams with the worst records receive the highest waiver priority.
December 9-10
- Emirates NBA Cup quarterfinals.
December 13
- Emirates NBA Cup semifinals.
December 15
- Most offseason signees become eligible for inclusion in trades.
December 16
- Emirates NBA Cup final.
December 19-22
- NBA G League Winter Showcase and Tip-Off Tournament championship.
December 27
- NBA G League regular season begins.
January 5
- First day teams can sign players to 10-day contracts.
January 7
- Last day to waive non-guaranteed NBA contracts (including two-way contracts) before they become guaranteed for the rest of the season. Salaries officially guarantee on January 10 if players haven’t cleared waivers before that date.
January 15
- Most other offseason signees become eligible for inclusion in trades.
- Last day to apply for a disabled player exception.
February 1
- Former first-round picks who were stashed overseas may sign rookie scale NBA contracts for the 2026/27 season.
February 5
- Trade deadline (2:00 pm CT).
February 6
- The value of teams’ unused mid-level exceptions and bi-annual exceptions begins to prorate downward by 1/174th per day.
February 13-15
- All-Star weekend in Los Angeles (Intuit Dome).
February 28
- Last day for contract renegotiations.
March 1
- Last day a player can be waived by one team and remain eligible to appear in the postseason for another team.
- Last day for a restricted free agent to sign an offer sheet.
March 4
- Last day for a team to sign a player to a two-way contract.
March 10
- Last day for a team to use a disabled player exception.
March 28
- NBA G League regular season ends.
March 31
- NBA G League playoffs begin.
April 9
- Last day to waive a player on an expiring contract or a player with an option for 2026/27 (4:00 pm CT).
April 12
- Last day of the NBA regular season.
- Last day players can sign contracts for 2025/26.
- Last day two-way contracts can be converted to standard NBA contracts.
- Luxury tax penalties calculated based on payroll as of this day.
April 13
- Playoff rosters set (2:00 pm CT).
April 14-17
- NBA play-in tournament.
April 18
- NBA playoffs begin.
There are currently six teams ineligible to sign a free agent to fill the 15th spot on their roster due to their proximity to a hard cap. These are the dates when those clubs will have enough breathing room below their respective hard caps to add a 15th man:
- November 11: Golden State Warriors
- January 7: Los Angeles Clippers
- January 8: Houston Rockets
- January 9: Orlando Magic
- January 18: Los Angeles Lakers
- April 2: New York Knicks
These dates are accurate as of October 24 (this story’s date of publication), but are subject to change if these clubs make in-season roster moves that increase or decrease their respective team salaries.
Information from NBA.com was used in the creation of this post.
NBA Teams With Open Roster Spots
Each of the NBA’s 30 teams is permitted to carry 15 players on standard contracts and three on two-way deals once the regular season begins, which works out to a maximum of 540 players across 30 rosters.
[RELATED: 2025/26 NBA Roster Counts]
Of those 540 potential roster spots, 522 are currently occupied to open the 2025/26 season, leaving 18 open roster spots around the NBA across 17 teams. Here’s the full breakdown of those 18 openings around the league:
One open standard roster spot and one open two-way slot
- Cleveland Cavaliers
The only team operating above the second tax apron, the Cavaliers are likely in no hurry to fill the 15th spot on their standard roster, which would cost them exponentially more in tax penalties beyond the player’s salary. Cleveland also has the ability to make changes involving its 14th roster spot at some point if it wants to — Thomas Bryant minimum-salary contract is fully non-guaranteed, so he’d only be owed a prorated portion of his salary if he’s waived at some point on or before January 7.
While two-way players don’t count against the salary cap, they still earn modest salaries (half the rookie minimum), so it’s possible the Cavs will look to save a little money on the league’s priciest roster by holding their third two-way slot open for the time being. A team that has an open standard roster spot is also limited to 90 overall active games for its two-way players instead of 50 apiece, so the Cavs probably aren’t looking to use up many of those games early in the season if they can help it.
One open standard roster spot
- Atlanta Hawks
- Boston Celtics
- Denver Nuggets
- Detroit Pistons
- Golden State Warriors
- Houston Rockets
- Los Angeles Clippers
- Los Angeles Lakers
- Miami Heat
- Minnesota Timberwolves
- New York Knicks
- Orlando Magic
- Philadelphia 76ers
- Phoenix Suns
- Toronto Raptors
Many of these teams are carrying an open roster spot for luxury tax reasons. The Celtics, Nuggets, Warriors, Rockets, Clippers, Lakers, Timberwolves, Knicks, Magic, Sixers, Suns, and Raptors are all over the tax line, while the Heat don’t have much breathing room below it.
Most of those teams will add 15th men eventually, but won’t do so yet. Several of them – Golden State, Houston, both L.A. teams, New York, and Orlando – actually can’t do so yet, since they’re operating so close to their respective hard caps.
The Hawks have room under the tax line for a 15th man, but of all the teams in this group, the Pistons could be the best bet to fill their open roster spot sooner rather than later. They’re well more than $20MM below the tax line, so there are no concerns related to finances or spending flexibility. Still, given that Jaden Ivey is the only player on the roster dealing with more than a day-to-day injury right now, there’s no urgency to bring in a 15th man immediately.
One open two-way slot
- Brooklyn Nets
In the past, a team without a G League affiliate of its own might be slow to fill its two-way contract slots, but all 30 NBA clubs now have affiliates in the NBAGL, so outside of thriftiness, there’s no real excuse not to carry a full complement of two-way players once the G League season begins in the coming weeks.
That’s especially true for the Nets, whose team salary is the lowest in the league entering the season. With so many rookies on the team’s standard roster, a third two-way player might not see any action at the NBA level anytime soon, but it would still make sense for Brooklyn to bring in another young prospect to develop in the G League.
2025 NBA Rookie Scale Extension Recap
The NBA’s annual deadline for rookie scale contract extensions passed on Monday, officially bringing the extension period for 2022 first-round picks to an end.
While there was a slight dip in rookie scale extensions this season after a streak of 11 or more for four consecutive years seasons, the drop-off wasn’t significant — nine players still signed new deals prior to Monday’s 5:00 pm Central time deadline.
It was the seventh straight year in which at least nine players completed rookie scale extensions. That didn’t happen at all between 2015-18. Since 2019, however, the total by year has been as follows:
Here’s a breakdown of the nine rookie scale extensions signed before this year’s deadline, sorted by total value.
Note: Projected values for maximum-salary extensions are based on a $166MM salary cap for 2026/27. If the cap comes in lower or higher than that, those max extensions would change in value, since they’re determined by a percentage of the cap.
Paolo Banchero (Magic): Five years, maximum salary (story). Projected value of $240,700,000. Projected value can increase to $288,840,000 if Banchero makes an All-NBA team or is named MVP or Defensive Player of the Year. Includes fifth-year player option. Starts in 2026/27.- Jalen Williams (Thunder): Five years, maximum salary (story). Projected value of $240,700,000. Projected value can increase to $250,328,000 if Williams makes the All-NBA third team; $259,956,000 if Williams makes the All-NBA second team; or $288,840,000 if Williams makes the All-NBA first team or is named MVP or Defensive Player of the Year. Starts in 2026/27.
- Chet Holmgren (Thunder): Five years, maximum salary (story). Projected value of $240,700,000. Starts in 2026/27.
- Keegan Murray (Kings): Five years, $140,000,000 (story). Starts in 2026/27.
- Christian Braun (Nuggets): Five years, $125,000,000 (story). Starts in 2026/27.
- Jabari Smith Jr. (Rockets): Five years, $122,000,000 (story). Starts in 2026/27.
- Dyson Daniels (Hawks): Four years, $100,000,000 (story). Starts in 2026/27.
- Shaedon Sharpe (Trail Blazers): Four years, $90,000,000 (story). Starts in 2026/27.
- Nikola Jovic (Heat): Four years, $62,400,000 (story). Starts in 2026/27.
As is typically the case, the maximum-salary deals were completed relatively early in the offseason, with Banchero, Williams, and Holmgren all signing within the first two weeks of July.
It came as no surprise that any of those three players signed maximum-salary contracts, but it was notable that the Thunder were able to avoid including Rose Rule language in their deal with Holmgren, which will start at 25% of the cap even if he earns award recognition in 2025/26. Williams, meanwhile, will only get up to 30% of the cap with a first-team All-NBA, MVP, or Defensive Player of the Year season. If he repeats last year’s feat and makes the All-NBA third team, his deal would start at a more manageable 26% of the cap.
Besides those three extensions, there was one more deal completed at the start of free agency, with Smith coming to terms with the Rockets very early in the offseason. That $122MM agreement was a significant commitment to a player who didn’t take a major step forward in his third NBA season, but it’s the kind of investment that could look savvy down the road, given that the former No. 3 overall pick is still just 22 years old.
The other five extensions were completed in October, including three coming in on Monday. Those contracts ranged from $15.6MM annually for Jovic to $28MM per year for Murray. Braun and Daniels each got $25MM per season, with Sharpe’s new deal coming in at $22.5MM annually.
While none of those contracts looks like a massive overpay to me, I’d be most comfortable with the investments in Braun and Daniels, given that they’ve already shown the ability to be impactful starting-caliber players. Sharpe, Jovic, and Murray all have the upside to make good on their respective extensions (and then some), but those long-term agreements are more about what their teams think they can become than what they’ve done so far.
A total of 22 players entered the offseason eligible for rookie scale extensions. Nine signed extensions and one – Blake Wesley – was waived, so there are 12 players who didn’t reach agreements and will be entering contract years.
Here’s that list of those players, who are now eligible to become restricted free agents during the 2026 offseason, assuming they finish out their current deals:
Ochai Agbaji (Raptors)- Malaki Branham (Wizards)
- Ousmane Dieng (Thunder)
- Jalen Duren (Pistons)
- Tari Eason (Rockets)
- Jaden Ivey (Pistons)
- Walker Kessler (Jazz)
- Bennedict Mathurin (Pacers)
- Jeremy Sochan (Spurs)
- Dalen Terry (Bulls)
- Peyton Watson (Nuggets)
- Mark Williams (Suns)
A few players in this group – like Branham, Dieng, and Terry – never looked like serious extension candidates and will need to make their case this season that they’re worthy of qualifying offers in 2026 free agency.
However, there are several intriguing names on this list, including a few who still have a shot to earn $25MM+ annually on their next contracts if they play well in 2025/26.
Duren, Eason, and Kessler look to me like the safest bets for nice paydays in 2026, but Ivey and Williams are good candidates too if they have relatively healthy seasons, while Mathurin and Watson are well positioned to improve their stock in increased roles.
Several notable players who reached restricted free agency in 2025 after not signing extensions last October had a tough go of it this summer, with a couple (Cam Thomas and Quentin Grimes) settling for their qualifying offers. But with more cap room available around the league next offseason, there should be more opportunities for agents to regain some leverage in the process by wielding the threat of offer sheets.
Finally, it’s worth mentioning that there were eight players selected in the first round of the 2022 draft who weren’t eligible at all for rookie scale extensions entering this offseason, for various reasons. Those players are as follows:
- Patrick Baldwin Jr.: Fourth-year option declined by Wizards in 2024; waived in 2025.
- MarJon Beauchamp: Fourth-year option declined by Bucks in 2024; waived in 2025.
- Johnny Davis: Fourth-year option declined by Wizards in 2024; waived in 2025.
- AJ Griffin: Waived by Rockets in 2024.
- Jake LaRavia: Fourth-year option declined by Grizzlies in 2024.
- Wendell Moore Jr.: Fourth-year option declined by Pistons in 2024; waived in 2025.
- David Roddy: Fourth-year option declined by Hawks in 2024; waived in 2025.
- TyTy Washington Jr.: Waived by Thunder in 2023.
Of these six players, only LaRavia is currently on a standard NBA contract — he had a nice third season for Memphis and Sacramento after having his option turned down and parlayed that success into a two-year, $12MM deal with the Lakers.
Baldwin, Beauchamp, Davis, Moore, Roddy, and Washington were all recently waived from Exhibit 10 contracts and appear likely to open the season in the G League, while Griffin stepped away from basketball in 2024.
2025/26 NBA Over/Unders: Recap
Over the past few weeks, we’ve been examining projections for all 30 NBA teams for the 2025/26 season, publishing polls asking how many games each club will win. With the help of lines from professional oddsmakers, we’ve had you vote on whether each team will go over or under a given win total, from the Thunder (62.5) all the way through to the Jazz (18.5).
Here are the full results of those votes:
Eastern Conference
New York Knicks (53.5 wins): Over (63.2%)- Boston Celtics (42.5 wins): Over (52.7%)
- Philadelphia 76ers (42.5 wins): Under (58.7%)
- Toronto Raptors (37.5 wins): Over (50.2%)
- Brooklyn Nets (20.5 wins): Over (54.4%)
- Cleveland Cavaliers (56.5 wins): Over (58.0%)
- Detroit Pistons (46.5 wins): Over (60.5%)
- Milwaukee Bucks (42.5 wins): Over (74.4%)
- Indiana Pacers (37.5 wins): Over (50.1%)
- Chicago Bulls (32.5 wins): Over (60.8%)
- Orlando Magic (51.5 wins): Over (52.8%)
- Atlanta Hawks (47.5 wins): Over (54.9%)
- Miami Heat (37.5 wins): Over (54.4%)
- Charlotte Hornets (27.5 wins): Over (50.6%)
- Washington Wizards (21.5 wins): Under (62.4%)
Western Conference
- Oklahoma City Thunder (62.5 wins): Over (62.9%)
- Denver Nuggets (53.5 wins): Over (72.1%)
- Minnesota Timberwolves (49.5 wins): Over (58.7%)
- Portland Trail Blazers (34.5 wins): Over (57.1%)
- Utah Jazz (18.5 wins): Over (55.3%)
- Los Angeles Clippers (48.5 wins): Under (58.7%)
- Los Angeles Lakers (48.5 wins): Under (52.1%)
- Golden State Warriors (46.5 wins): Over (68.3%)
- Sacramento Kings (34.5 wins): Over (55.1%)
- Phoenix Suns (31.5 wins): Under (56.8%)
- Houston Rockets (52.5 wins): Over (55.5%)
- San Antonio Spurs (44.5 wins): Over (57.6%)
- Dallas Mavericks (41.5 wins): Over (71.8%)
- Memphis Grizzlies (39.5 wins): Under (61.3%)
- New Orleans Pelicans (30.5 wins): Under (54.9%)
It’s pretty common for our poll respondents to pick more overs than unders, with optimism high in most NBA cities following an offseason of change. But we took it to a new extreme this year, going over on 23 teams and under on just seven.
Technically, it’s not impossible for 23 teams to beat their projected win totals. If 20 teams go over by one win and one team goes under by 20 wins, it all evens out. It’s very much a long shot, of course, but you never know.
These were the five “over” bets that received the largest vote shares:
Milwaukee Bucks (42.5 wins): 74.4%- Denver Nuggets (53.5 wins): 72.1%
- Dallas Mavericks (41.5 wins): 71.8%
- Golden State Warriors (46.5 wins): 68.3%
- New York Knicks (53.5 wins): 63.2%
Because we published our polls over the span of a few weeks, there has been some heavy betting action on some of these numbers ahead of the start of the season, pushing the projections in one direction or the other. The “over” has been especially popular for the top four teams on this list, with the Bucks’ and Nuggets’ projected win totals increasing by one apiece in some sportsbooks, while the Warriors’ has risen to 48.5 wins.
I like all five of these bets, though there’s some significant health-related risk for the Mavericks, who are already without Kyrie Irving and who will have to lean heavily on oft-injured Anthony Davis this season. I could also see the Knicks taking some time to adjust to the changes new head coach Mike Brown is implementing and falling short of 54 wins.
But I think the Bucks, Nuggets, and Warriors are good candidates to go over this season as long as they can avoid major injuries.
Here are the five “under” bets that received the largest vote shares:
- Washington Wizards (21.5 wins): 62.4%
- Memphis Grizzlies (39.5 wins): 61.3%
- Los Angeles Clippers (48.5 wins): 58.7%
- Philadelphia 76ers (42.5 wins): 58.7%
- Phoenix Suns (31.5 wins): 56.8%
It’s not uncommon for projected cellar-dwellers like the Wizards to fall short of their projected win totals, since they typically go out of their way to put themselves in position to rack up losses after the trade deadline. Washington will only keep its 2026 first-round pick if it lands within the top eight, so the front office will be motivated to finish near the bottom of the NBA standings.
The injuries are already racking up for the Grizzlies, though stars Ja Morant and Jaren Jackson Jr. are trending toward being available for opening night. Memphis’ success this season could hinge in large part on how many games that duo plays together.
Our voters aren’t buying a Sixers bounce-back after an injury-plagued 2024/25 campaign, and aren’t bullish on the new-look Suns following the offseason exits of Kevin Durant and Bradley Beal. Fair enough.
The one that surprised me most was the Clippers — I think they have more than enough depth to get to 49 wins in the regular season, even if they have to deal with some injuries. They won 50 games a year ago even though Kawhi Leonard only played in 37.
Here are the five picks that were closest to 50/50:
Indiana Pacers (37.5 wins): Over (50.1%)- Toronto Raptors (37.5 wins): Over (50.2%)
- Los Angeles Lakers (48.5 wins): Under (52.1%)
- Boston Celtics (42.5 wins): Over (52.7%)
- Orlando Magic (51.5 wins): Over (52.8%)
The Pacers and Celtics are two of the toughest teams to forecast for the 2025/26 season. Neither team will be as good as usual while Tyrese Haliburton and Jayson Tatum recover from Achilles tears, and they lost other key contributors over the summer too — Myles Turner for Indiana, and a handful of players, including Jrue Holiday, Al Horford, and Kristaps Porzingis, for Boston. But both franchises have a strong culture, a good head coach, and a smart front office, so it’s hard to say just how significantly those losses will impact them.
As close as the Raptors’ and Lakers’ votes were, I think both ended up on the right side of the 50/50 divide — Toronto’s projected win total has risen to 39.5 since we published our poll, while the Lakers has dipped to 46.5, largely due to LeBron James‘ health concerns.
As for the Magic, they haven’t won 52 or more games in a season in 15 years, so I understand why nearly half of our voters were reluctant to go over. But if they have better health luck than last year, there’s certainly enough talent on the roster to get there.
What do you think of our picks in general? Are there any results above that you strongly disagree with? Did you make any over or under votes within the last couple weeks that you’re second-guessing now? Jump into our comment section below and weigh in with your thoughts!
Contract, Roster Deadlines Loom For NBA Teams
We’re one day away from the start of the NBA’s 2025/26 regular season, making Monday the last day of the 2025 offseason. Today serves as the deadline for a number of contract- and roster-related decisions around the league. Here are the most important ones:
Rookie Scale Extensions
A total of 22 players entered the offseason eligible for rookie scale extensions.
Six of those players – Paolo Banchero, Jalen Williams, Chet Holmgren, Jabari Smith Jr., Keegan Murray, and Nikola Jovic -have already signed new deals, a seventh (Shaedon Sharpe) has agreed to an extension that will be officially completed today, and an eighth (Blake Wesley) was waived earlier in the offseason.
That leaves the following 14 players eligible to sign rookie scale extensions on Monday:
Ochai Agbaji (Raptors)- Malaki Branham (Wizards)
- Christian Braun (Nuggets)
- Dyson Daniels (Hawks)
- Ousmane Dieng (Thunder)
- Jalen Duren (Pistons)
- Tari Eason (Rockets)
- Jaden Ivey (Pistons)
- Walker Kessler (Jazz)
- Bennedict Mathurin (Pacers)
- Jeremy Sochan (Spurs)
- Dalen Terry (Bulls)
- Peyton Watson (Nuggets)
- Mark Williams (Suns)
The majority of these guys won’t sign new deals until the 2026 offseason, when they’re eligible for restricted free agency. But it would be a surprise if at least one or two more players from this list don’t finalize rookie scale extensions today.
Braun, Daniels, Duren, Eason, Ivey, Kessler, Mathurin, and Williams are among the notable names in this group, but finding a price point that works for them and their respective teams will be a challenge in some cases.
The deadline for rookie scale extensions is at 5:00 pm Central time.
Certain Veteran Contract Extensions
A veteran player who signed his current contract at least two years ago (or three years ago if it was a five-year deal) is eligible to sign an extension. That means many veterans around the NBA are eligible to sign contract extensions today, but that number will significantly drop as of tomorrow.
Once the regular season begins, only veterans in the final year of their contracts can sign extensions — a player who has multiple years remaining is no longer extension-eligible until the following offseason.
[RELATED: Hoops Rumors Glossary: Veteran Contract Extension]
Let’s use the Heat as an example. Tyler Herro, Andrew Wiggins, Terry Rozier, and Norman Powell are all eligible for veteran extensions right now, but Herro still has two guaranteed years left on his contract. That means his extension eligibility window will close after Monday and won’t reopen until next July, whereas Rozier and Powell, who are on expiring contracts, could sign extensions anytime between now and June 30, 2026.
An extension-eligible veteran who has a player option for 2026/27 – such as Wiggins – could still sign a new deal later in the ’25/26 league year, but he’d have to eliminate that option to do so. Picking up the option would make him ineligible to complete an extension between Tuesday and the start of the ’26/27 league year, since it would turn his contract into a multiyear deal, not an expiring one. This rule also applies to team options.
Here are the players who have a Monday deadline to sign a veteran extension if they want to lock in a new deal before next July:
- RJ Barrett (Raptors)
- Dillon Brooks (Suns)
- Brandon Clarke (Grizzlies)
- Donte DiVincenzo (Timberwolves)
Darius Garland (Cavaliers)- Josh Green (Hornets)
- Tyler Herro (Heat)
- De’Andre Hunter (Cavaliers)
- Cameron Johnson (Nuggets)
- Keldon Johnson (Spurs)
- Nikola Jokic (Nuggets)
- John Konchar (Grizzlies)
- Kyle Kuzma (Bucks)
- Ja Morant (Grizzlies)
- Aaron Nesmith (Pacers)
- Jordan Poole (Pelicans)
- Michael Porter Jr. (Nets)
- Max Strus (Cavaliers)
- Karl-Anthony Towns (Knicks)
- Grant Williams (Hornets)
- Zion Williamson (Pelicans)
While Jokic is the most worthy candidate for an extension in this group, word broke early in the offseason that he’s not expected to sign this year because he would qualify for more years and more money if he waits until 2026.
Outside of Jokic, the best candidates for new deals might be Herro and Nesmith, but there’s no guarantee that anyone from this group will extend today, since they’ll all have at least one more eligibility window down the road.
The deadline for veteran extensions for players on non-expiring contracts is at 10:59 pm CT tonight.
Regular Season Rosters
Nearly every NBA team finalized its roster cuts on Saturday for financial reasons, as we explained over the weekend. However, today is the official deadline to reduce offseason rosters to the regular season limit of 15 players on standard contracts (plus three on two-way contracts).
While there will could very well be some additional roster shuffling today as teams tweak their back-end roster spots or fill two-way openings, only one team – the Bucks – absolutely has to make a move. Milwaukee appears likely to waive 2024 second-round pick Tyler Smith in order to set its regular season roster.
[RELATED: 2025/26 NBA Roster Counts]
The two other teams that made it through Saturday with more than 15 players on standard contracts – the Nets and Wizards – got down to 15 by making cuts on Sunday.
The Bucks’ roster move is due by 4:00 pm CT.
The final day of the offseason is also the last day for teams to convert Exhibit 10 contracts into two-way deals, but there are no real candidates left after Ron Harper Jr., Caleb Houstan, Moussa Cisse, Jahmyl Telfort, Jahmir Young, Johnny Juzang, Chris Youngblood, and Colin Castleton were all converted within the past few days.
The only player still on an Exhibit 10 deal who is eligible for a two-way contract is Knicks forward Mohamed Diawara, and the expectation is that he’ll make New York’s regular season roster in order to ensure the team’s salary remains below its hard cap.
It remains possible that a player on an Exhibit 10 contract who was cut on Saturday could be claimed off waivers and immediately converted to a two-way deal later today.
Finally, Monday is the last day for a free agent to be signed-and-traded during the 2025/26 league year. However, there have been no indications that any sign-and-trades are in the works.
Checking In On Roster Situations Around The NBA
As expected, the majority of the NBA teams made their roster cuts on Saturday and didn’t wait until Monday’s deadline to set their regular season rosters.
Completing those moves on Saturday will ensure the players on non-guaranteed contracts clear waivers on Monday, before the regular season begins. If a team had waited until Monday to waive a player on a non-guaranteed deal, he wouldn’t clear waivers until Wednesday, and the team would be on the hook for two days’ worth of his salary.
After Saturday’s flurry of roster moves, here’s where things stand around the NBA…
Teams whose rosters are within the regular season limits
Of the NBA’s 30 teams, 27 have rosters that comply with the league’s regular season roster limits, which state that clubs can’t carry more than 15 players on standard contracts or three on two-way contracts.
The following 10 teams are right at the limit, carrying 15 players on standard contracts and three on two-ways:
- Charlotte Hornets
- Chicago Bulls
- Dallas Mavericks
- Indiana Pacers
- Memphis Grizzlies
- New Orleans Pelicans
- Oklahoma City Thunder
- Sacramento Kings
- San Antonio Spurs
- Utah Jazz
Just because these rosters look ready for the regular season doesn’t necessarily mean they’re fully locked in. It wouldn’t be be a surprise if one or more of these teams makes a minor tweak before Monday’s regular season roster deadline. That could be as simple as swapping out one two-way player for another. It could also involve the standard roster.
For instance, maybe the Pacers decide that carrying one more point guard is more important than having four centers and decide to place a waiver claim on Jared Butler while waiving Tony Bradley and his non-guaranteed contract. I’m not saying that will happen or even that Indiana is considering that move — it’s just an example of what’s still possible before Monday’s deadline.
The following 15 teams are carrying 14 players on standard contracts and three on two-ways:
- Atlanta Hawks
- Boston Celtics
- Denver Nuggets
- Detroit Pistons
- Golden State Warriors
- Houston Rockets
- Los Angeles Clippers
- Los Angles Lakers
- Miami Heat
- Minnesota Timberwolves
- New York Knicks
- Orlando Magic
- Philadelphia 76ers
- Phoenix Suns
- Toronto Raptors
Several of these teams are right up against a hard cap and don’t have the ability to add a 15th man to their standard rosters at this point. That’s the situation for the Warriors, Rockets, Clippers, Lakers, Knicks, and Magic.
Many others are operating in luxury tax territory or right near the tax line and will want to keep that 15th spot open for now in order to either keep their projected tax bill in check or maintain some financial flexibility.
That’s not the case for all of these teams though. The Pistons are well clear of the tax, for instance, and could comfortably make a roster addition if they want to.
Two more teams are within the regular season limits. Those teams are as follows:
- Cleveland Cavaliers: 14 players on standard contracts and two on two-way deals.
- Portland Trail Blazers: 15 players on standard contracts and two on two-way deals.
The Cavaliers and Trail Blazers both carried over one two-way player from last season (Nae’Qwan Tomlin for Cleveland; Sidy Cissoko for Portland) and signed a new two-way player on July 1 (Luke Travers and Caleb Love, respectively). Since then, both teams have had one two-way slot available, but I expect they’ll fill those openings sooner rather than later, given that there are no cap savings generated by keeping a two-way slot open.
It’s worth noting that players on Exhibit 10 contracts who were waived on Friday or Saturday could be claimed off waivers and immediately converted to two-way deals before Monday’s roster deadline.
Teams that still have moves to make before Monday’s deadline
That leaves three NBA teams that have yet to make the necessary moves to get within the regular season roster limits. Let’s run through them one by one…
Brooklyn Nets: 16 players on standard contracts and two on two-way deals.
The Nets are currently carrying 14 players on fully guaranteed salaries, with Jalen Wilson on a deal with a small partial guarantee ($88,075) and Tyrese Martin on a non-guaranteed contract.
There are a few things to keep in mind here. For one, neither Wilson nor Martin can be directly converted to a two-way contract, since neither is on an Exhibit 10 deal. So if Brooklyn intends to fill that two-way slot before the season begins, it will have to be via waiver claim or a free agent signing.
More importantly, the Nets are operating just $190K over the NBA’s minimum salary floor and absolutely want to be above that threshold when the regular season begins, since falling short would mean forfeiting their share of the end-of-season luxury tax payment. Waiving either Wilson or Martin would result in Brooklyn’s salary falling below the salary floor, since most or all of their minimum salaries would come off the team’s books.
Barring a Sunday or Monday trade, there are two solutions for the Nets here: Either they waive someone with a guaranteed contract or they cut one of Wilson or Martin and guarantee most or all of his 2025/26 salary on his way out. I think the latter scenario is probably more likely, since there aren’t many obvious release candidates among Brooklyn’s 14 players with guaranteed salaries, but we’ll see what the team decides. The decision is due by 4:00 pm Central time on Monday.
Milwaukee Bucks: 16 players on standard contracts and three on two-way deals.
After deciding that Amir Coffey and his non-guaranteed contract would make the team, the Bucks were in position to put off their final roster move until Monday, since they’ll be cutting a player with a full or partially guaranteed salary — whichever player is the odd man out will get his money, regardless of which day he’s waived, so Milwaukee couldn’t create any cap savings by making that move a couple days before the roster deadline.
As we noted when we discussed the Bucks’ decision to retain Coffey on Saturday, it looks like Tyler Smith (guaranteed $1,955,377 salary) and Andre Jackson Jr. ($800K partial guarantee) are the two players who are most in danger of being cut. It’s possible that the club could trade or waive another player instead, but I’d be surprised if Milwaukee’s final preseason roster move involves anyone besides Smith or Jackson.
Neither one was great in the preseason, but Jackson was a little better and has shown more than Smith at the NBA level to this point in their respective careers. Retaining Smith would be the financially advantageous move, since waiving Jackson would reduce the team’s salary by about $1.42MM, but the Bucks aren’t close to the tax line and can afford to eat Smith’s full salary if they decide he’s not part of their future. I wouldn’t be surprised if they take that path.
Washington Wizards: 16 players on standard contracts and three on two-way deals.
The Wizards are another team expected to cut a player with a guaranteed salary, which is why they can wait until Monday to make their last roster move. The only one of their 16 players with a non-guaranteed contract is Justin Champagnie, who was effective in a rotation role last season.
A trade is still possible, but a cut is more likely. And in that scenario, 2024 first-round pick Dillon Jones looks to me like the probable odd man out. He didn’t do much during his first NBA season in Oklahoma City, and the offseason trade that sent him to Washington was more about the second-round pick the Wizards got along with him than about Jones himself. He also wasn’t great in the preseason.
If the Wizards go in a different direction, it’s worth keeping an eye on former Spur Malaki Branham, who was acquired in exchange for Kelly Olynyk along with Blake Wesley and a second-round pick. Washington already waived Wesley and I haven’t gotten the sense that the club views Branham as a crucial part of its roster going forward.
Hoops Rumors’ roster resources
We consistently maintain and update a number of lists and trackers that are designed to help you keep tabs on NBA rosters. They’re all up to date following Saturday’s cuts.
Those resources, which can be found on the right-hand sidebar of our desktop site or on the “Features” page within our mobile menu, include the following:
- 2025/26 NBA Roster Counts
- 2025/26 Non-Guaranteed Contracts By Team
- 2025/26 Two-Way Contract Tracker
- 2025 NBA Free Agent Tracker: This tracker will no longer be updated once the regular season begins, but includes every offseason free agent signing, including all the players who were signed-and-waived in recent weeks.
- 2026 NBA Free Agents By Position/Type
- 2026 NBA Free Agents By Team
NBA 2025 Offseason Check-In: Golden State Warriors
Hoops Rumors is checking in on the 2025 offseason for all 30 NBA teams, recapping the summer’s free agent signings, trades, draft picks, departures, and more. We’ll take a look at each team’s offseason moves and consider what might still be coming before the regular season begins. Today, we’re focusing on the Golden State Warriors.
Free agent signings
Jonathan Kuminga: Two years, $46,800,000. Second-year team option. Trade kicker (15%). Re-signed using Bird rights. Waived right to veto trade.- Al Horford: Two years, $11,654,250. Second-year player option. Trade kicker (15%). Signed using taxpayer mid-level exception.
- De’Anthony Melton: Two years, minimum salary. Second-year player option. Signed using minimum salary exception.
- Gary Payton II: One year, minimum salary. Signed using minimum salary exception.
- Seth Curry: One year, minimum salary. Non-guaranteed (Exhibit 9). Signed using minimum salary exception.
- LJ Cryer: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
- Marques Bolden: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
- Note: Bolden has since been waived.
- Ja’Vier Francis: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
- Note: Francis has since been waived.
- Taevion Kinsey: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
- Note: Kinsey has since been waived.
- Chance McMillian: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
- Note: McMillian has since been waived.
- Jacksen Moni: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
- Note: Moni has since been waived.
Trades
- Acquired the draft rights to Alex Toohey (No. 52 pick; from Suns) and the draft rights to Jahmai Mashack (No. 59 pick; from Rockets) in a seven-team trade in exchange for the draft rights to Koby Brea (No. 41 pick; to Suns).
- Acquired the draft rights to Will Richard (No. 56 pick) from the Grizzlies in exchange for the draft rights to Jahmai Mashack (No. 59 pick), the Warriors’ 2032 second-round pick (top-50 protected), and the draft rights to Justinian Jessup.
Draft picks
- 2-52: Alex Toohey
- Signed to two-way contract.
- 2-56: Will Richard
- Signed to four-year, $8,685,386 contract. First two years guaranteed. Third year non-guaranteed. Fourth-year team option.
Two-way signings
- Pat Spencer
- One year, $85,300 partial guarantee (will increase to $318,218 at start of regular season).
- Alex Toohey
- One year, $85,300 partial guarantee (will increase to $318,218 at start of regular season).
Note: The Warriors carried over Jackson Rowe on a two-way contract from 2024/25.
Departed/unsigned free agents
- Taran Armstrong (Dubai Basketball)
- Braxton Key (Grizzlies)
- Kevin Knox (Bulls)
- Kevon Looney (Pelicans)
Other roster moves
- Exercised team option on Gui Santos ($2,221,677).
- Exercised team option on Quinten Post ($1,955,377).
Salary cap situation
- Operating over the cap ($154.6MM) and below the luxury tax line ($187.9MM).
- Carrying approximately $205.3MM in salary.
- Hard-capped at $207,824,000.
- Two traded player exceptions frozen (largest worth $8,780,488).
The offseason so far
When we talk about what an NBA team did in the offseason, we usually refer to their “summer” moves. However, that’s a misnomer for the 2025 Warriors. As RealGM’s transaction log shows, after officially finalizing a pair of trades on July 6 that they’d agreed upon during June’s draft, Golden State didn’t complete another transaction until September 29 — the team officially signed 10 players that day (three of them were immediately waived).
Obviously, Golden State’s front office wasn’t just taking a two-and-a-half month vacation. Jonathan Kuminga‘s restricted free agency was the reason for delay. The standoff between Kuminga and the Warriors became one of the offseason’s biggest stories after the first wave of free agency wrapped up in early July and ultimately took nearly three months to resolve, with the forward taking his decision almost right up to the October 1 deadline to accept a qualifying offer.
Technically, there was no rule preventing the Warriors from filling out the rest of their roster before they figured out what would happen with Kuminga. But that approach didn’t make sense for Golden State for a couple reasons.
For one, the Warriors were exploring the possibility of a sign-and-trade, discussing potential deals with the Suns and Kings. It didn’t sound like they ever gained any real traction with Phoenix, and Sacramento’s various offers – centered around draft assets plus either Malik Monk or the duo of Devin Carter and Dario Saric – didn’t hold much appeal either. But if either of those division rivals had increased their bid for Kuminga and made Golden State seriously consider a sign-and-trade, the team didn’t want to have the rest of its signings already locked in, since that could have resulted in significant roster imbalance.
More importantly, determining whether Kuminga would be back and how much he would be paid in 2025/26 dictated what the Warriors would be able to do with those other roster spots from a financial perspective. Kuminga accepting his $8MM qualifying offer would’ve resulted in a whole lot more cap flexibility than if he’d signed one of the team’s more lucrative multiyear proposals.
Conversely, if the Warriors had hard-capped themselves early in the offseason by, say, using the taxpayer mid-level exception to sign Al Horford, they would’ve risked another team giving Kuminga an offer sheet that they wouldn’t have been able to match without shedding salary. No team besides the Nets had cap room for most of the summer, and Brooklyn showed little to no interest in Kuminga, but as we saw with the Bucks and their Damian Lillard/Myles Turner moves, a team that wants to create cap space badly enough can typically find a way to do it.
So even though we knew for most of the summer what most of the Warriors’ roster moves would look like, those moves weren’t finalized until the fall. At that point, Kuminga accepted a two-year, $46.8MM deal that includes a second-year team option, no trade veto rights, and a 15% trade kicker; Horford received a two-year contract worth the full taxpayer mid-level exception with a second-year player option and a 15% trade kicker; De’Anthony Melton got a two-year, minimum-salary contract; Gary Payton II signed a one-year, veteran’s minimum deal; and second-round pick Will Richard received a rookie minimum salary on his four-year contract.
Horford, who will turn 40 next June, is one of the NBA’s oldest players, while Melton is still making his way back from the torn ACL that ended his 2024/25 season after just six games. But as long as they’re healthy, both players are excellent fits for this Warriors roster.
Horford is a savvy, smart defender who is capable of stretching the floor from the five spot. Melton can do a little bit of everything, and his versatile defense makes him an intriguing backcourt partner for Stephen Curry. In a very limited sample of 47 minutes before Melton’s ACL tear last season, lineups that included that Melton/Curry duo had a +38.4 net rating.
The big question is what happens with Kuminga. While it was a relief when his three-month free agency eventually came to an end, a two-year deal that includes a second-year option doesn’t exactly lock in his long-term future. Rather than making a decision on how the former lottery pick fits into their long-term plans, the Warriors simply postponed that decision for at least a few more months.
Kuminga will become trade-eligible on January 15 and it feels like there’s a very real chance he’s moved at some point during the three-week window between that date and the trade deadline — especially if Steve Kerr and his coaching staff continue to have trouble finding a consistent role for the 23-year-old that mutually benefits him and the team.
Up next
Seth Curry, who is on a non-guaranteed Exhibit 9 contract, has spent the preseason on the same roster as his superstar brother for the first time since he entered the league in 2013. However, the Warriors don’t have enough room below their second-apron hard cap to keep the younger Curry brother on their regular season roster — at least not yet. As of mid-November, Golden State would be able to fit a prorated minimum-salary contract under that hard cap and could reunite the Curry brothers.
While it does sounds like the plan is to bring Seth back at some point, the Warriors may not do so immediately once they’re eligible to next month, since it would leave them with essentially no wiggle room below the second apron for the rest of 2025/26. I expect Seth to be a Warrior by season’s end, but the team could end up carrying a 14-man roster for at least a couple months.
Jackson Rowe, Pat Spencer, and Alex Toohey currently occupy Golden State’s two-way slots, but I wouldn’t be shocked if LJ Cryer, who is on an Exhibit 10 contract and has played well in the preseason, is converted to a two-way deal by Monday’s deadline. Rowe could be the odd man out, given that he was a holdover from last season and has had a very limited role this fall.
Finally, although Draymond Green and Trayce Jackson-Davis are currently eligible for veteran contract extensions, I’d be somewhat surprised if either player gets a new deal in the coming days. The Warriors barely have any money on their 2027/28 cap and would presumably prefer to maintain that flexibility for the time being. If Green or Jackson-Davis signs an extension at this point, it would probably have to be a short-term deal that includes little to no guaranteed money beyond ’26/27. The team would probably be happy to wait until 2026 to get serious about those negotiations.
