12:10 pm: The Pacers have officially signed Mathews to a standard contract and waived Robinson-Earl, according to a press release from the team.
10:52 am: Garrison Mathews‘ second 10-day contract with the Pacers expired overnight, but he won’t be going anywhere. According to Tony East of Forbes (Twitter links), Indiana is re-signing Mathews to a standard contract and will waive forward Jeremiah Robinson-Earl in order to create room on the roster.
Mathews, who first joined Indiana’s roster last month on a hardship deal, made just 2-of-13 shots and scored nine points in 46 total minutes during his first 10 days with the team and admitted he was “a little surprised” when he was brought back on a second 10-day contract.
However, the 29-year-old shooting guard was more productive over the course of that second contract, having averaged 8.5 points per game on .500/.467/.750 shooting in his past four outings (19.3 MPG).
Even if the Pacers still qualify for a hardship exception, they’d be ineligible to use it on Mathews, since a player can’t sign more than two 10-day deals with a team in a single season. So in order to hang onto him, they’ll need to sign him to a standard contract, giving him a spot on their 15-man roster.
Indiana took the same route with Robinson-Earl earlier this season after he played out a pair of 10-day hardship deals — veteran point guard Monte Morris was waived in order to allow the Pacers to retain Robinson-Earl on a standard contract. Robinson-Earl averaged just 4.6 points and 5.2 rebounds per game in 17 appearances (17.6 MPG) for Indiana but has fallen out of the team’s rotation as of late, getting DNP-CDs in Friday’s game in Chicago and Monday’s contest vs. Sacramento.
Assuming Robinson-Earl is officially cut on Thursday, the Pacers will carry a dead-money cap hit of $589,306 for him. That takes into account his two 10-day deals ($131,970 apiece) and a prorated portion of his non-guaranteed contract ($325,366).
Mathews will sign a non-guaranteed minimum-salary contract, per Dustin Dopirak of The Indianapolis Star (Twitter link), which will allow the Pacers to maintain some flexibility with their 15th roster spot prior to the league-wide salary guarantee date next month.
While Kerr is the highest earner among head coaches in the short term, his deal with Golden State expires at the end of the 2025/26 season, whereas Spoelstra (eight years) and Lue (five years) signed longer-term extensions in 2024, so they’re assured of far more overall guaranteed money.