Josh Hart‘s new three-year deal with the Pelicans includes some unique terms, according to ESPN’s Will Guillory and Bobby Marks (Twitter links). In an Instagram video, Marks provides a more in-depth breakdown of the agreement.
After earning a guaranteed $12MM salary in year one, Hart will have a $12.96MM non-guaranteed salary in year two, says Guillory. If the Pelicans want to avoid paying Hart that salary, they’ll have to waive him by June 25, meaning he’d get a head-start on finding a new team in free agency.
If Hart plays out the first two years of his deal, his $12.96MM salary for 2023/24 would be non-guaranteed as well, but he also has a player option for that third year. It would essentially be a mutual option for Hart and the Pelicans. He’d have until June 24 to decide whether to exercise or decline his player option, then – if he opts in – New Orleans would have until June 25 to decide whether to guarantee his salary.
Here’s more on the Pelicans:
- Scouts and executives polled by Tim Bontemps of ESPN were critical of the Pelicans’ offseason, questioning the team’s decision to replace Lonzo Ball with Devonte’ Graham. “They’re a sinking ship and reaching for a life preserver that just isn’t going to help,” one Western Conference executive said. “I don’t understand how (Jonas Valanciunas) is going to fit. I don’t understand how Devonte’ is worth what they paid. It’s just weird.”
- Sam Vecenie of The Athletic loved what he saw from the Pelicans and Trey Murphy at Las Vegas Summer League, noting that he talked to two separate scouts who thought Murphy was the best rookie in Vegas. Vecenie referred to New Orleans’ Summer League team as “juggernaut” on the defensive end, singling out Murphy, Naji Marshall, Herb Jones, and Kira Lewis for their performances.
- Murphy was one of seven players named to the All-Summer League First Team, per the NBA, as he joined co-MVPs Davion Mitchell and Cameron Thomas, among others.