Hoops Rumors Glossary: 10-Day Contracts

Monday marks the renewal of the annual tradition of the ultimate on-the-job tryout in professional sports. The 10-day contract has been the foot in the door for several players who’ve gone on to lengthy, successful NBA careers, like Anthony Mason, Bruce Bowen, Raja Bell, Kurt Rambis, Howard Eisley and several others. More recently, C.J. Watson saw his first NBA action on a pair of 10-day contracts with the Warriors in 2008, and he’s since blossomed into one of the league’s most reliable backup point guards. He’s putting up career highs in points (11.0) and assists (4.2) per game this season, the last on a two-year, $4.093MM contract he signed with the Pacers.

Ten-day deals also help veterans make comebacks. Chris Andersen languished in free agency for sixth months after the Nuggets used the amnesty clause to get rid of him, but a pair of 10-day contracts with the Heat in 2013 kick-started a revival for the Birdman. He wound up signing for the rest of the season that year and played a key role on Miami’s championship team. Andersen reprised that role on a guaranteed minimum-salary contract last season, and that led the Heat to re-sign him this past summer to a two-year, $10.375MM deal.

Similarly, former first-round pick Gerald Green had been out of the league for three years when he made a splash during his pair of 10-day deals with the Nets in 2011/12. That earned him a contract for the rest of the season, and he parlayed 12.9 points and 48.1% shooting in 25.2 minutes per game for the Nets into a three-year, $10.5MM contract with the Pacers the following summer. Indiana traded him to Phoenix a year later, and he’s making a strong case to see even more on his next deal as he serves as a vital part of the Suns’ attack.

Still, the 10-day is usually a fleeting glimpse at NBA life for players on pro basketball’s fringe. Only a small fraction of last year’s 10-day signees remain in the league, as I noted earlier this season. Hunter Atkins of The New York Times followed the player whom Green replaced on the Nets roster, chronicling what turned out to be only a brief passage through the league for 10-day signee Andre EmmettLee Jenkins of Sports Illustrated took a similarly revealing look at the life of Zabian Dowdell as he tried to make the most of a 10-day with the Suns four years ago. Dowdell has been out of the NBA since that season.

Teams can sign a player to as many as two 10-day contracts before committing to him for the rest of the season, or, as in many cases, turning him away. Ten-day deals are almost always for a pro-rated portion of the minimum salary, though they can be for more. A minimum-salary 10-day contract for a rookie this season is worth $29,843. A one-year veteran would make $48,028. A minimum-salary 10-day deal with any veteran of two or more seasons would represent a cost of $53,838 to the team. Veterans of greater than two seasons would see more than that, but the league would pay the extra freight. However, teams gain no financial advantage if they eschew 10-day contracts with more experienced players to sign rookies or one-year veterans to 10-day deals in an effort to avoid the tax, as those deals count the same as the ones for two-year veterans when the league calculates a team’s salary for tax purposes.

Teams have to pay slightly more if they sign a player to a 10-day contract and they have fewer than three games on their schedule during that 10-day period. In those cases, the length of the 10-day contract is extended so that it covers three games for the team. It’s rare that any team would have such a light schedule, since most play at least three games a week, but the rule could come into play with this year’s new weeklong All-Star break. So, if a team plays only three games in a 12 day stretch, the player must receive at least 12/170ths of the minimum salary, rather than 10/170ths. Regardless of the length of a 10-day contract, the salary is guaranteed, even though the 10-day signee’s place on the roster isn’t assured. Teams may terminate 10-day contracts before they come to term, and that happened on several occasions last season, such as when the Cavs ended their 10-day contract with Shane Edwards a day early so they could sign Seth Curry to a 10-day deal instead. Players who see their 10-day contracts end early don’t go on waivers, so they become free agents immediately.

A team like the Raptors, who are perilously close to the tax threshold, may be wary of bringing anybody aboard via 10-day contract.  Other teams may make liberal use of 10-day deals. The Bulls, who played a game of limbo to duck the tax line last season, signed three players to 10-day contracts, as many as any team other than the Sixers, who employed an NBA-high five 10-day signees in 2013/14.

Usually, teams only have one player on a 10-day contract at a time, though they’re allowed to carry as many 10-day contracts as they have players on the inactive list. If a team has 13 players on the active list, it can carry one more 10-day contract than the number of inactive players it has, meaning that if a team has a full 15-man roster, as many as three of those players may be on 10-day deals.

Veterans whom NBA teams have recently released, like Gal Mekel, Jorge Gutierrez and Shannon Brown, figure to draw consideration for 10-day contracts, as should notable players who’ve gone unsigned this season, like Kenyon Martin, Rashard Lewis and Ronnie Brewer. D-League standouts like Curry, Brady Heslip and Quincy Miller could all find paths to the NBA via 10-day contracts, and hopefuls from the D-League will make their cases to scouts at the five-day D-League showcase, which runs from January 15th-19th.

Note: This is a Hoops Rumors Glossary entry. Our glossary posts will explain specific rules relating to trades, free agency, or other aspects of the NBA’s Collective Bargaining Agreement. Larry Coon’s Salary Cap FAQ was used in the creation of this post.

Versions of this post were initially published on January 5th, 2013 and January 4th, 2014.

Hoops Rumors Originals

Here’s a look back at the original analysis generated by the Hoops Rumors staff this week..

Poll: Can The Pistons Make The Playoffs?

Addition by subtraction is an overused phrase in the sports world but sometimes it holds true. The Pistons were struggling during the first two months of the season, and the team decided that a change was necessary. Josh Smith signed a four-year, $54MM contract with the Pistons during the 2013 offseason but after playing just 105 games with the team, Detroit waived him.

At 5-23, the 2014/15 season seemed to be a good opportunity for Detroit to tank and end up with a valuable pick in the 2015 draft. However, the team responded by winning four straight games and its unified play has drawn comparisons to the Raptors of last season. Toronto traded Rudy Gay midseason and earned the third seed in the Eastern Conference with stellar play in the second half of the 2013/14 campaign. It’s early but the Pistons are only four games behind the Heat for the eighth seed and only four teams in the Eastern Conference have longer win streaks than Detroit’s current four game streak.

There remains a lot of uncertainty with this team. Although starting point guard Brandon Jennings has emerged as a leader since Smith’s departure, the 25-year-old is reportedly on the trade block. There have been rumors of Greg Monroe being dealt since he signed his qualifying offer, but the fifth-year forward would have to approve any trade since he essentially has a de-facto no-trade clause in his contract. After the shocking release of Smith, it’s clear that Stan Van Gundy isn’t shy about moving on from players whom he inherited from the previous regime.

Still, the Eastern Conference isn’t strong beyond its top five teams and to earn a lower seed, teams will most likely not even need a record above .500. The Pistons have the talent to compete with any contender for the eighth seed and 35 of their 49 remaining games are against Eastern Conference foes. Will Detroit keep up its current play and reach the postseason this year?

Will Detroit Make The Playoffs?

  • Yes 53% (546)
  • No 47% (482)

Total votes: 1,028

2015/16 Salary Rankings: Power Forwards

Hoops Rumors is in the process of ranking the cap hit for each NBA player by position. I previously ran down the point guard, shooting guard, small forward, power forward, and center salaries for the 2014/15 season. I’ve also begun looking ahead to the 2015/16 campaign with a rundown of the cap hits for the point guards, shooting guards, and small forwards. Next on the agenda will be a look forward at the salaries for power forwards already inked to deals for next season.

All told, NBA teams have committed a total of $352,785,930 in cap hits so far for next season to the men manning the block around the league. The average hit for the four spot so far for 2015/16 is an extremely robust $5,427,476, with Chris Bosh of the Heat topping the list with an impressive $22,192,730 coming his way. However, it should be noted that the list and rankings will change greatly depending on how the free agent market develops next summer.

I also should add that teams won’t necessarily pay out every dollar listed here. There are quite a few players who have non-guaranteed or partially guaranteed contracts. Some of those players will be sweating it out until the January 2015 deadline. That’s when teams must waive players with no specific guarantee date written into their contracts to avoid having to guarantee their salaries for the rest of that season.

Most salaries align with cap hits, but that’s not the case for players like Jeremy Lin , who’s receiving close to $15MM from the Lakers during the 2014/15 season even though his cap hit was little more than half that amount, because of the contract he signed through the Gilbert Arenas Provision. In addition, incentive clauses that a player either triggers or fails to meet can leave a player with more or less money than his cap hit reflects. Still, the purpose of this list is to show the relative pay scale by position, which is why all contracts are included in this post.

The league’s power forwards are listed below, in descending order of cap hit for next season:

  1. Chris Bosh (Heat) $22,192,730
  2. Blake Griffin (Clippers) $18,907,725
  3. Kevin Love (Cavs) $16,744,218 [Player Option]
  4. David Lee (Warriors) $15,493,680
  5. Nene (Wizards) $13MM
  6. David West (Pacers) $12.6MM [Player Option]
  7. Serge Ibaka (Thunder) $12,350,000
  8. Derrick Favors (Jazz) $12MM
  9. Kenneth Faried (Nuggets) $11,235,955
  10. Thaddeus Young (Wolves) $9,971,739 [Early Termination Option]
  11. Zach Randolph (Grizzlies) $9,638,555
  12. Ryan Anderson (Pelicans) $8.5MM
  13. Taj Gibson (Bulls) $8.5MM
  14. Tiago Splitter (Spurs) $8.5MM
  15. Dirk Nowitzki (Mavs) $8,333,334
  16. Channing Frye (Magic) $8,193,029
  17. Markieff Morris (Suns) $8MM
  18. Ersan Ilyasova (Bucks) $7.9MM
  19. Boris Diaw (Spurs) $7.5MM
  20. Pau Gasol (Bulls) $7,448,760
  21. Anthony Davis (Pelicans) $7,070,730
  22. Marvin Williams (Hornets) $7MM
  23. Carl Landry (Kings) $6.5MM
  24. Jason Thompson (Kings) $6,431,250
  25. Patrick Patterson (Raptors) $6,268,675
  26. Anthony Bennett (Wolves) $5,803,560
  27. Josh McRoberts (Heat) $5,543,725
  28. Nikola Mirotic (Bulls) $5,543,725
  29. Marcus Morris (Suns) $5MM
  30. Trevor Booker (Jazz) $4,775,000
  31. Kris Humphries (Wizards) $4,440,000
  32. Aaron Gordon (Magic) $4,171,680
  33. Marreese Speights (Warriors) $3,815,000 [Team Option]
  34. Nerlens Noel (Sixers) $3,457,800
  35. Mike Scott (Hawks) $3,333,333
  36. Julius Randle (Lakers) $3,132,240
  37. Anthony Tolliver (Suns) $3MM
  38. John Henson (Bucks) $2,943,221
  39. Noah Vonleh (Hornets) $2,637,720
  40. James Johnson (Raptors) $2.5MM
  41. Terrence Jones (Rockets) $2,489,530
  42. Andrew Nicholson (Magic) $2,380,593
  43. Donatas Motiejunas (Rockets) $2,288,205
  44. Jared Sullinger (Celtics) $2,269,260
  45. Perry Jones III (Thunder) $2,038,206
  46. Adreian Payne (Hawks) $1,938,840
  47. Ryan Kelly (Lakers) $1,724,250
  48. Mitch McGary (Thunder) $1,463,040
  49. Cartier Martin (Pistons) $1,270,964
  50. Ed Davis (Lakers) $1,100,602 [Player Option]
  51. Jon Leuer (Grizzlies) $1,035,000
  52. Joey Dorsey (Rockets) $1,015,421
  53. Brandon Davies (Sixers) $947,276
  54. Grant Jerrett (Thunder) $947,276
  55. Tony Mitchell (Pistons) $947,276
  56. Mike Muscala (Hawks) $947,276
  57. Cameron Bairstow (Bulls) $845,059
  58. Tarik Black (Rockets) $845,059
  59. Drew Gordon (Sixers) $845,059
  60. Cory Jefferson (Nets) $845,059
  61. Eric Moreland (Kings) $845,059
  62. Johnny O’Bryant III (Bucks) $845,059
  63. Dwight Powell (Celtics) $845,059
  64. JaKarr Sampson (Sixers) $845,059
  65. Jarnell Stokes (Grizzlies) $845,059

The Basketball Insiders salary pages were used in the creation of this post.

2015/16 Salary Rankings: Small Forwards

Hoops Rumors is in the process of ranking the cap hit for each NBA player by position. I previously ran down the point guard, shooting guard, small forward, power forward, and center salaries for the 2014/15 season. I’ve also begun looking ahead to the 2015/16 campaign with a rundown of the cap hits for the point guards and shooting guards. Next on the agenda will be a look forward at the salaries for small forwards already inked to deals for next season.

All told, NBA teams have committed a total of $344,562,057 in cap hits so far for next season to the men manning the wing around the league. The average hit for the three spot so far for 2015/16 is a very healthy $6,380,779, with Joe Johnson of the Nets topping the list with an impressive $24,894,863 coming his way. However, it should be noted that the list and rankings will change greatly depending on how the free agent market develops next summer.

I also should add that teams won’t necessarily pay out every dollar listed here. There are quite a few players who have non-guaranteed or partially guaranteed contracts. Some of those players will be sweating it out until the January 2015 deadline. That’s when teams must waive players with no specific guarantee date written into their contracts to avoid having to guarantee their salaries for the rest of that season.

Most salaries align with cap hits, but that’s not the case for players like Jeremy Lin , who’s receiving close to $15MM from the Lakers during the 2014/15 season even though his cap hit was little more than half that amount, because of the contract he signed through the Gilbert Arenas Provision. In addition, incentive clauses that a player either triggers or fails to meet can leave a player with more or less money than his cap hit reflects. Still, the purpose of this list is to show the relative pay scale by position, which is why all contracts are included in this post.

The league’s small forwards are listed below, in descending order of cap hit for next season:

      1. Joe Johnson (Nets) $24,894,863
      2. Carmelo Anthony (Knicks) $22,875,000
      3. LeBron James (Cavs) $21,573,398 [Player Option]
      4. Kevin Durant (Thunder) $20,158,622
      5. Paul George (Pacers) $17,120,106
      6. Gordon Hayward (Jazz) $15,409,570
      7. Chandler Parsons (Mavs) $15,361,500
      8. Rudy Gay (Kings) $12,403,101
      9. Nicolas Batum (Blazers) $12,235,750
      10. Danilo Gallinari (Nuggets) $11,559,259
      11. Tyreke Evans (Pelicans) $10,734,586
      12. Luol Deng (Heat) $10,151,612 [Player Option]
      13. Gerald Wallace (Celtics) $10,105,855
      14. Jeff Green (Celtics) $9.2MM [Player Option]
      15. Trevor Ariza (Rockets) $8,193,030
      16. Wilson Chandler (Nuggets) $7,171,662
      17. Michael Kidd-Gilchrist (Hornets) $6,331,404
      18. Andrew Wiggins (Wolves) $5,758,680
      19. Martell Webster (Wizards) $5,613,500
      20. Paul Pierce (Wizards) $5,543,725 [Player Option]
      21. P.J. Tucker (Suns) $5.5MM
      22. Josh Smith $5.4MM [Waived by Pistons via the stretch provision]
      23. Nick Young (Lakers) $5,219,169
      24. Jabari Parker (Bucks) $5,152,440
      25. Chase Budinger (Wolves) $5MM [Player Option]
      26. Kostas Papanikolaou (Rockets) $4,797,664 [Team Option]
      27. Otto Porter (Wizards) $4,662,960
      28. Caron Butler (Pistons) $4.5MM
      29. Thabo Sefolosha (Hawks) $4MM
      30. Harrison Barnes (Warriors) $3,873,398
      31. Steve Novak (Jazz) $3,750,001
      32. Terrence Ross (Raptors) $3,553,917
      33. Matt Barnes (Clippers) $3,542,500
      34. Mirza Teletovic (Nets) $3,368,100
      35. Maurice Harkless (Magic) $2,894,059
      36. Mike Miller (Cavs) $2,854,940 [Player Option]
      37. Doug McDermott (Bulls) $2,380,440
      38. Danny Granger (Heat) $2,170,465 [Player Option]
      39. Shabazz Muhammad (Wolves) $2,056,920
      40. T.J. Warren (Suns) $2,041,080
      41. Tony Snell (Bulls) $1,535,880
      42. Bruno Caboclo (Raptors) $1,524,000
      43. Solomon Hill (Pacers) $1,358,880
      44. Shawne Williams (Heat) $1,356,146
      45. Rodney Hood (Jazz) $1,348,440
      46. Damjan Rudez (Pacers) $1,149,500
      47. Kyle Anderson (Spurs) $1,142,879
      48. Al-Farouq Aminu (Mavs) $1,100,602 [Player Option]
      49. Robert Covington (Sixers) $1MM
      50. Robbie Hummel (Wolves) $880K
      51. Damien Inglis (Bucks) $855K
      52. Cleanthony Early (Knicks) $845,059
      53. Jerami Grant (Sixers) $845,059
      54. James Ennis (Heat) $507,336

The Basketball Insiders salary pages were used in the creation of this post.

2014/15 NBA Reverse Standings

The 2014/15 season is only about two months old, but many scouts and executives around the league are already preparing for the 2015 NBA draft. They’re no doubt cognizant of how their respective NBA teams are doing as they attempt to get an idea of where they’ll be picking, and with the Hoops Rumors Reverse Standings, which list the NBA’s 30 teams from worst to first, you can easily follow along, too. We update these standings daily to reflect the outcomes of the games that took place the night before.

The Reverse Standings take into account playoff teams in each conference, so they’re essentially a reflection of what the 2015 first-round order would look like with no changes to lottery position. Traded picks are also included via footnotes. For instance, the notes next to the Lakers’ pick indicates that they’ll send it to Phoenix if it falls outside the top five selections. Whether that happens is anyone’s guess at this point, since the Lakers are tied with the Hornets for the fifth spot in the lottery order.

The existence of the lottery means there’s no guarantee that teams atop the Reverse Standings will draft in the order in which they finish, but the worse a club’s record, the better shot it has at landing the cream of the 2015 draft class. This year’s group of prospects, which includes Jahlil Okafor, Emmanuel Mudiay, Karl-Anthony Towns, isn’t as highly touted as the 2014 draftees were, but there’s still plenty of star potential.

Our Reverse Standings feature can be found at anytime on our right sidebar under “Hoops Rumors Features.” It’s a great resource not just for monitoring a team’s draft position, but also for keeping an eye on whether or not traded picks with protection will be changing hands in 2015. Be sure to check back often!

Trade Rumors App For iOS/Android

Three trades have happened within the past two weeks, and plenty more movement is likely to take place with a pair of key dates set for next week and the February 19th trade deadline drawing ever closer. You can follow all of the latest news and rumors as talks intensify with the new Trade Rumors app for iOS and Android devices!

The Trade Rumors app brings Hoops Rumors together with content from our sister sites, MLB Trade Rumors and Pro Football Rumors. You can easily scroll left to right and click on the image of the article you want to read. You can also filter your feeds to show only the top stories within that category, if you prefer.

Once you’re within a feed, you can swipe to read older or newer articles without going back to the home screen. You can easily share each article via Twitter, Facebook, email or text message.

The Trade Rumors app is highly customizable. You can add feeds for any of the 92 MLB, NBA, and NFL teams, as well as for any of the thousands of players in our archives, by using the settings icon on top for iOS and the pencil icon on top for Android. You can create a multi-sport experience tailored to your specific interests, or you can limit your app entirely to one sport by removing the others.

Best of all? The Trade Rumors app is free! Download it for iOS or Android and leave a review!

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Where 2013/14 10-Day Signees Are Today

A slight majority of last season’s 10-day signees were under new contracts with NBA teams when we last checked on their whereabouts in September. That’s changed significantly in the last few months, with NBA teams set to once more be able to sign players to 10-day contracts beginning Monday. Only eight of the 41 who signed 10-day deals in 2013/14 are still on NBA rosters. Much larger contingents are in the D-League and playing overseas. A few are free agents, and a couple have retired.

It’s quite conceivable that many of those players who are no longer in the NBA will wind up signing 10-day deals again this season. There’s a decent chance that’s also the case for some of the eight who are still in the league, since most of them are on contracts that aren’t fully guaranteed. The leaguewide guarantee date of January 10th, which usually leads several teams to cut ties with players on non-guaranteed deals, looms next week, just days after teams can issue 10-day contracts again.

Here’s a look at what every player who signed a 10-day contract during the 2013/14 season is up to now:

NBA (8)

D-League (12)

Overseas (15)

Free agents (4)

Retired (2)

RealGM was used in the creation of this post.

Trade Candidate: Wilson Chandler

Wilson Chandler won’t be hailed as a savior for any team should he be traded this season, but he’s nonetheless the sort of player capable of subtly tipping a title race during a season in which no clear favorite has emerged. Raw numbers suggest the 27-year-old has been remarkably consistent throughout his career. Save for his rookie season and his abbreviated eight-game 2011/12 campaign, the eighth-year veteran has never scored fewer than 13.0 or more than 15.3 points per game. His rebounds per contest, discarding his rookie year, have ranged from a career-low 4.7 last season to a career-best 6.1 this year. He’s reportedly drawn interest from the Thunder and no shortage of others, but the Nuggets are apparently reluctant to give him up. Still, as the season wears on, it would seem that barring a dramatic turnaround from their 13-18 start, there will be more motivation for the Nuggets to trade Chandler as the February 19th deadline draws near.

NBA: Houston Rockets at Denver NuggetsChandler is on an expiring contract of sorts. He’s scheduled to make almost $7.172MM next season, but only $2MM of that salary is guaranteed. He offers the potential of salary cap relief, or at the very least flexibility, to teams that might pursue him via trade. Yet Denver would have little to gain from releasing him, since the Nuggets already have more than $58MM in commitments for next season, leaving the ability to clear only marginal room beneath a salary cap that the league projects to come in around $66.5MM for next season. He’s the team’s second-leading scorer this year, with his 14.5 PPG a shade better than Arron Afflalo‘s 14.4, but it remains to be seen just how much longer he’ll be a starter in Denver. Danilo Gallinari had a minor procedure recently on his right knee as he continues to shake off the rust from having missed all of last season with a torn ACL in his left knee, but once he’s back to full health, he’ll surely challenge Chandler for his playing time. Afflalo and Kenneth Faried man the other positions Chandler seems suited to play.

The Nuggets appear as though they’re in no rush to make drastic moves, but while they’ve gone 12-12 since a disconcerting 1-6 start, a .500 record won’t get it done in the Western Conference. It’s quite conceivable that the rival executives interested in Chandler are engaged in a waiting game of sorts, confident that Denver will deal by the deadline. By the same token, there’s a decent chance that Nuggets GM Tim Connelly is merely waiting to see if the offers improve. There’s no pressing need for Denver to deal Chandler, whose contract will continue to serve as a potential money-saver for teams into next season. Still, Denver finds itself in a most unenviable position, without any semblance of the pieces needed to contend and nowhere near the inside track to the top of the draft order. The Nuggets must either act decisively or languish.

Chandler has been a minus defensively under coach Brian Shaw. The Nuggets were better on defense with Chandler on the floor during their 57-win season in 2012/13 by a measure of 2.6 points per 100 possessions, per NBA.com. The opposite was true last season, when Denver was 4.1 points per 100 possessions stingier without him, and this season, the Nuggets are a stunning 10.2 points per 100 possessions better when Chandler sits. That’s approximately equivalent to the gap between Golden State’s NBA-best defense and the Pelicans, the league’s fifth least efficient defensive squad.

It’s not hard to see that the former 23rd overall pick from the 2007 draft has played differently under Shaw than he did for ex-Nuggets coach George Karl. A significantly higher percentage of his shots have come from behind the three-point arc the last two seasons, as Basketball-Reference shows, largely at the expense of his close-range looks. Chandler has proven a capable three-point shooter, nailing 41.3% of his tries in the last season before Shaw took over and 35.5% this year. He kept up his usual rate of heading to the free-throw line last year, but this season he’s taking only 1.7 free throws per game, his lowest number of such attempts save for his rookie campaign and that abbreviated 2011/12 season.

The net result of the changes under Shaw haven’t affected his points and rebounds, but his PER, a stout 16.6 in 2012/13, dipped to 12.4 last season and 12.7 this year, both marks well below the 15.0 threshold for an average player. He’s played almost exclusively as a small forward the past two years, but during his final season under Karl, he was mostly a power forward, according to Basketball-Reference.

Chandler’s value appears to depend on the context in which he’s playing. That’s why it’s not difficult to see why the Thunder are high on him. Oklahoma City could surround him  with the long arms of Kevin Durant and perennial Defensive Player of the Year candidate Serge Ibaka to minimize his defensive shortcomings. The Thunder, long in need of a reliable outside shooting complement to Durant and Russell Westbrook, could assign Chandler to that role. The stumbling block, as ever, is what the Nuggets would want in return.

Connelly probably can’t get a first-round pick for Chandler, and there’s little sense in merely pawning him off for second-rounders. The Nuggets could attempt to attach Chandler to an undesirable contract to help clear real cap flexibility for the summer ahead, but he wouldn’t be enough to entice a team to take back JaVale McGee and the $23.25MM in total salary he makes this season and next. J.J. Hickson doesn’t seem to be a fit in a crowded Nuggets frontcourt, but dealing his nearly $5.614MM salary for next season along with Chandler wouldn’t really move the needle much for Denver. The Nuggets stand to benefit from an infusion of intriguing young talent, but the Thunder aren’t blessed with much of that outside their core players.

The Rockets also make sense a suitor, given the strength of their defense and emphasis on outside shooting, and Houston has more fungible assets that Oklahoma City does. But Houston is always on the lookout for a star, and at this point the addition of Chandler wouldn’t do much to help the Rockets toward that goal. The Hawks have a top-10 defense, a penchant for three-pointers, and movable pieces, but there might not be a reason for Atlanta to make a win-now move this season.

There’s no obvious fit for Chandler. However, almost two months remain before the trade deadline, and costly injuries along with other seismic changes may still alter the picture. Chandler looms as a potential solution for a team in a position to help Denver lurch one direction or another away from the clutches of mediocrity.

Photo courtesy of USA Today Sports Images.

More Players Become Eligible For Vet Extensions

There’s been a run on veteran extensions of late. Four players have signed such deals within the past six months after only two had signed them since the 2011 lockout that begat the existing collective bargaining agreement. Zach Randolph, Tony Parker, Anderson Varejao and Rudy Gay all agreed to forfeit free agency, where the rules would have allowed them to sign for more money over a greater amount of time. Players who sign veteran extensions can tack no more than three years on their existing deals, and they can earn raises of no more than 4.5%. Free agents can re-sign with their teams for five seasons and raises of up to 7.5%. That’s why LaMarcus Aldridge put an end to extension talk this past summer even as he pledged to remain with the Blazers for the long term. It would harm him financially to sign an extension, and ostensibly, the Blazers would like to keep him for as long as possible. No such restrictions are in place for rookie scale extensions, which is why teams and players continue to strike those deals at a prolific rate.

Randolph, Varejao and Gay fall into the sweet spot that makes veteran extensions, usually anathema for players who seek to maximize their earning potential, advantageous for them. All three are veterans who wouldn’t command the maximum salary in free agency and were on contracts that paid them at or above their market value. There’s no bottom floor for the value of an extension, so Randolph and Gay were free to negotiate within the broad range of their existing player-friendly salaries all the way down to the minimum. Neither was about to sign for the minimum, but both found a middle ground with their teams that saw them agree to pay cuts over the next few years. Varejao’s existing contract pays him a nearly $9.705MM salary this season that was likely in line with what his market value was to have been at the time he signed his extension, which predated his torn Achillies, so the slight raises the extension calls for suit him fine.

Parker is a different case, as he gave up the chance to command a maximum-salary deal in free agency this coming summer for a discount that ties him to the Spurs until he’s 36 years old, meaning he’s unlikely ever to see that maximum money. It was a clear self-sacrifice that owes its only explanation to the point guard’s comfort with the Spurs, and indeed a player’s comfort with his team often helps drive an extension. Varejao has never played for any team other than the Cavs, Randolph has blossomed in Memphis like never before, and the Kings helped revive Gay’s career. Age, which seemingly would have been a motivating factor for Parker not to sign his extension, was conversely a likely reason why Randolph and Varejao signed theirs, since Randolph, 33, and Varejao, 32, probably wouldn’t have merited five-year deals were they to have hit free agency.

The timing of the recent spate of veteran extensions is counterintuitive, since the lockout prevented several would-be extension-eligibles from even considering the idea for much of this year. Players become eligible for veteran extensions three years after they sign their contracts. Those who signed long-term contracts in 2011 became eligible for veteran extensions in 2014, but because the lockout pushed the typical July flurry of signings into December, those players only became eligible this month. Here’s a look at the players who’ve become eligible for extensions in the past few weeks, along with the date that they became eligible:

In addition, Russell Westbrook becomes extension-eligible on January 19th, while Kevin Love can sign an extension starting January 25th. It’s almost certain that neither will agree to one, however, since they’re likely to command maximum salaries in free agency. That’s not the case for a pair of Nuggets who’ll become extension-eligible later this season, with Danilo Gallinari set to cross the threshold on January 25th, and Wilson Chandler poised for extension-eligibility on March 18th. Grizzlies trade candidate Kosta Koufos becomes eligible for an extension on January 25th.

The new group of players eligible for veteran extensions joined fewer than two dozen who had been eligible before December. Here’s the complete list of veteran extension-eligible players as it currently stands, sorted by team. The names from the above list are repeated below and mixed with the names of the players who had already been eligible for veteran extensions:

RealGM was used in the creation of this post.

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