Cavs To Guarantee Cedi Osman’s 2023/24 Salary
The Cavaliers will fully guarantee Cedi Osman‘s $6,718,842 salary for the 2023/24 season, reports Adrian Wojnarowski of ESPN (Twitter link).
Osman’s contract called for that full amount to remain non-guaranteed until June 29, so if the Cavs had wanted to avoid being on the hook for that money, they could’ve waived him today. According to Wojnarowski, Cleveland won’t take that route.
[RELATED: Early NBA Salary Guarantee Dates For 2023/24]
Osman, 28, saw his role reduced a little in 2022/23 — the 20.1 minutes per game he averaged this past season represented his lowest mark since his rookie year in 2017/18. He put up 8.7 points, 2.3 rebounds, and 1.5 assists per night across 77 appearances, with a shooting line of .451/.372/.694.
Waiving Osman’s wouldn’t have put the Cavaliers in position to create meaningful cap room or generated necessary breathing room below the tax, so it’s no surprise that the team decided to retain him. Even if the 6’7″ forward isn’t in Cleveland’s long-term plans, his expiring salary could be useful for salary-matching purposes in a trade later this offseason or during the ’23/24 season.
As Bobby Marks of ESPN tweets, the Cavs are currently $37.5MM below the projected luxury tax line, which should give them the flexibility to re-sign Caris LeVert and to use the full $12.4MM mid-level exception while staying out of tax territory.
Osman is on track for unrestricted free agency in 2024 if he doesn’t sign an extension before then.
Wolves Notes: Prince, Free Agency, Reid, Miller, Edwards
The Timberwolves waived Taurean Prince on Wednesday to avoid guaranteeing his $7,455,000 salary for the upcoming season, but there’s a chance he could be re-signed, according to Jon Krawczynski of The Athletic.
The decision was purely financial, Krawczynski adds, with president of basketball operations Tim Connelly needing to create some flexibility ahead of looming extensions for Anthony Edwards and Jaden McDaniels. Minnesota may be interested in bringing back Prince at a lower cost, depending on what happens early in free agency, sources tell Krawczynski.
The 29-year-old power forward has been a dependable part of the Wolves’ rotation during his two seasons with the team. He averaged 9.1 points and 2.4 rebounds in 22.1 minutes per night last season, and Krawczynski notes that Minnesota was 7-13 during a 20-game stretch he missed due to an injured shoulder.
The Wolves attempted to trade Prince’s contract before the salary guarantee date, Krawczynski adds. They talked to the Wizards about veteran point guards Monte Morris and Delon Wright, but weren’t able to make any progress toward a deal, sources tell Krawczynski.
There’s more from Minnesota:
- With Prince’s salary off the books, the Wolves are now about $15.5MM under the tax line with four open roster spots. They’ll be able to use the non-taxpayer mid-level exception when free agency begins Friday, and Krawczynski identifies a few names they might target. Among them are Eric Gordon, Bruce Brown, Dennis Schröder, Jevon Carter, Max Strus and Donte DiVincenzo, although all will have numerous suitors with similar financial resources.
- In a separate story, Krawczynski discusses the implications of Naz Reid‘s new contract with Danny Leroux of The Athletic. The Wolves gave Reid a three-year extension at $42MM to keep him off the free agent market, but it will lead to some difficult decisions moving forward. Leroux points out that the new deals with Edwards and McDaniels, combined with the existing contracts for Karl-Anthony Towns and Rudy Gobert, will be enough to push Minnesota close to the tax line starting in 2024/25.
- It appears Connelly is willing to give the Gobert experiment another year or two to succeed while stocking the roster with inexpensive young talent, writes Jim Souhan of The Star Tribune. One of those pieces is second-round pick Leonard Miller, who was acquired from the Spurs in a draft night trade. “I don’t really know what position Leonard is,” Connelly said. “He grew up as a forward, so I think he can — I know he can — guard three positions. Then, offensively, I’ll let coach (Chris) Finch determine where he can best be deployed. What’s neat about the flexibility of our bigs is that while Rudy is a pure (center), we have some other guys who can play both (forward and center). Offensively, we have a bunch of guys that their skill set allows them to do things all over the court than, generally, most bigs can.”
- Edwards has signed with WME Sports ahead of his extension talks, the agency announced (via Twitter).
- In case you missed it, we took a deep dive into McDaniels’ case for a rookie scale extension.
Rockets Exercising Team Option On Kenyon Martin Jr.
The Rockets are exercising their $1,930,681 team option on Kenyon Martin Jr. for the 2023/24 season, reports Kelly Iko of The Athletic (Twitter link).
Martin, 22, has been with Houston for the last three years and had arguably his best NBA season in 2022/23, appearing in all 82 games and making 49 starts. The 6’6″ forward established new career highs in points (12.7), rebounds (5.5), and assists (1.5) per game, as well as field-goal percentage (56.9%).
While the Rockets’ decision to pick up Martin’s option may look like a no-brainer on paper, it wasn’t a lock. Exercising the option will put the former second-round pick on track for unrestricted free agency in 2024, whereas turning it down and issuing him a qualifying offer would’ve allowed Houston to negotiate with Martin as a restricted free agent this summer.
Still, there are plenty of reasons why it made sense for the Rockets to pick up the option. Keeping Martin on a minimum-salary cap hit will allow the club to maximize its league-high cap room, which projects to exceed $60MM. Martin will also immediately become eligible to be extended or traded — he has consistently been mentioned in trade rumors for over a year.
In other Rockets news, according to Iko (Twitter link), the team will also issue two-way qualifying offers to Darius Days and Trevor Hudgins, making them restricted free agents.
Because Days and Hudgins were NBA rookies in 2022/23 and finished the season on two-way contracts, their qualifying offers will each be the equivalent of another one-year, two-way deal with a small partial guarantee.
Eastern Notes: Hornets, Quickley, Bulls, Dobner
A report last Thursday that the Hornets were giving renewed consideration to taking Scoot Henderson with the No. 2 pick was a late attempt to get the Trail Blazers to trade up, Jake Fischer of Yahoo Sports said on the Basketball Illuminati Podcast.
“I don’t think this was done (with) betting markets, conspiracy, blah, blah, blah,” Fischer said (hat tip to Real GM). “I think the Hornets tried to get a little savvy.”
Fischer points out that Charlotte general manager Mitch Kupchak tried a similar tactic in 2015 when he had the No. 2 pick as GM of the Lakers. Kupchak was deciding between D’Angelo Russell and Jahlil Okafor and didn’t communicate to their agents what he planned to do.
“I believe the Hornets did not tell Brandon Miller or Scoot until right on the clock that they were going either direction to continue that misdirection, mystery or whatever you call,” Fischer added. “I think it was a concerted effort by the Hornets to drum up some trade interest there.”
There’s more from the Eastern Conference:
- An NBA executive tells Sean Deveney of Heavy.com that he thinks Immanuel Quickley will want “nine figures” over four years in his extension talks this summer. The Knicks guard helped his bargaining position with an outstanding third season that saw him finish second in the Sixth Man of the Year voting. “I can’t say the Knicks will go that high but they might have to,” the executive said. “He is not a guy you want to send to restricted free agency.”
- The Bulls didn’t address their need for outside shooting in the draft, so they’re likely to look for shooters in free agency, per Darnell Mayberry of The Athletic. Chicago’s only pick was Julian Phillips, who shot 23.9% from behind the arc on 46 attempts last season at Tennessee. The Bulls ranked last in three-point attempts per game the past two years, and general manager Marc Eversley believes recently hired shooting coach Peter Patton will help. “Peter comes to us not only as a shooting coach but somebody who can oversee our player development function,” Eversley said. “… And we feel like he can help the overall look and feel of how we play the game and shoot the ball.”
- Sidney Dobner will be the first female assistant coach in the history of the Bucks, the team stated in a press release announcing Adrian Griffin‘s staff. This will be Dobner’s sixth season with the franchise.
Latest On James Harden
James Harden has long been considered a virtual lock to opt out of his $35.6MM salary for next season, but has yet to finalize a decision with Thursday’s player option deadline looming. Noting that Harden doesn’t have to take any formal action or make an announcement if he intends to decline his option, ESPN’s Adrian Wojnarowski (YouTube link) appeared on SportsCenter on Wednesday to discuss where things stand with the Sixers guard.
“I think for James Harden, he’ll take it down to the wire over the next 24 hours,” Wojnarowski said (hat tip to RealGM). “If you’re James Harden and you get into free agency, you want to know that you’re going to get a quick resolution with the Sixers. Because the longer it drags out, money dries up elsewhere, you lose leverage.”
While opting in would assure Harden of $35MM+ in guaranteed money for 2023/24, he wouldn’t be eligible to sign an extension prior to free agency in 2024 and he’d immediately become trade-eligible, so it would be a risky path to take. Wojnarowski believes Harden’s preference would be to lock in a multiyear guarantee.
“I think for Philadelphia, the real hang-up, the real challenge is going to be how many years on a deal?” Wojnarowski said. “I think getting near-max money… I don’t think it’s going to be the dollars per season. It’s going to be how many years do they want to invest in James Harden.”
While the Rockets have been cited for months as a potential suitor for Harden, Houston has seemingly pivoted to other free agent targets. As Ben DuBose of RocketsWire relays, Kelly Iko of The Athletic said during a Twitter live stream on Wednesday that he thinks the Rockets may be “out of the running” for the 10-time All-Star. Marc Stein reported on Wednesday that he has heard rumblings about Harden getting a two- or three-year deal from Philadelphia.
Harden will turn 34 before the start of next season, which is making teams reluctant to commit to a pricey long-term contract. Long considered one of the NBA’s most durable players, he has dealt with a handful of injury issues in recent years, missing 24 games last season.
Luke Adams contributed to this post.
Wolves’ Garza, Ryan Among Players Receiving Two-Way QOs
Timberwolves forward Luka Garza and wing Matt Ryan are among several players on two-way contracts who received qualifying offers on Wednesday, according to the official transaction log at RealGM.com.
Besides Garza and Ryan, the following two-way players were issued qualifying offers, making them restricted free agents:
- Isaiah Mobley (Cavaliers)
- Jared Rhoden (Pistons)
- Nico Mannion (Warriors)
- Lester Quinones (Warriors)
- A.J. Green (Bucks)
The default qualifying offer for a player on a two-way contract is another one-year, two-way deal, with a small partial guarantee.
A player who has four years of experience or who has spent the last two seasons on a two-way contract with the same time becomes eligible for a QO equivalent to a standard, minimum-salary deal. However, none of these seven players fit that bill.
These two-way restricted free agents will have the option of accepting their qualifying offers or trying to negotiate new contracts. They’re all technically eligible to sign offer sheets with new teams, which their current clubs would have the ability to match. However, that outcome has been a rarity for players coming off two-way deals.
While Garza, Ryan, Mobley, Rhoden, Quinones, and Green all finished the 2022/23 season under contract with their respective teams, Mannion has been out of the NBA since 2021 and recently signed with Baskonia in Spain. Having issued him a qualifying offer in each of the last three seasons, Golden State continues to retain Mannion’s RFA rights in the event that he eventually returns stateside.
According to Anthony Slater of The Athletic, the Warriors aren’t expected to tender qualifying offers to Anthony Lamb and Ty Jerome (two-way). The team still has some level of interest in re-signing one or both players, but that interest may hinge on how the free agent market plays out, Slater explains.
Extension Candidate: Jaden McDaniels
This is the first installment in our 2023 series examining players who are prime candidates for contract extensions. This series will explore the player’s strengths and weaknesses, and will evaluate what a fair deal between the player and his team might look like (McDaniels will be extension-eligible when the new league year kicks in at midnight ET on Friday night).
Rundown
The 28th overall pick of the 2020 draft after one up-and-down college season at Washington, Jaden McDaniels became a rotation player almost immediately as a rookie for the Timberwolves, appearing in 63 games (27 starts) with averages of 6.8 PPG, 3.7 RPG and 1.0 BPG on .447/.364/.600 shooting in 24.0 MPG.
His second NBA season saw signs of progress in some ways, but regression in others. That isn’t meant to be a criticism – it’s simply a reality for most young players.
For example, his offensive role increased in 2021/22, with McDaniels averaging 9.2 points and 4.2 boards in 70 games (31 starts, 25.8 MPG). He also bolstered his two-point (54.4% to 57.9%) and free throw percentages (60.0% to 80.3%). However, his three-point percentage dropped to 31.7%, which leveled out his efficiency gains in other areas, and his foul rate increased.
Minnesota was bullish on the young forward’s upside, so the team kept him out of the Rudy Gobert trade, reportedly giving up a couple extra first-round picks instead. While that deal certainly was not favorable for the Wolves overall (to put it mildly), retaining McDaniels is at least looking like the correct decision.
Former first round-picks who have both of their team options exercised become eligible for rookie scale extensions in the offseason after their third year, as is the case here. So ‘22/23 was an important season for McDaniels, particularly from a financial perspective.
He responded with a career year, averaging 12.1 PPG, 3.9 RPG, 1.9 APG, 0.9 SPG and 1.0 BPG on .517/.398/.736 shooting in 79 games, all starts (30.6 MPG). He also posted a career-best 58.8% two-point percentage, with a major leap in his scoring efficiency (61.1% True Shooting percentage, vs. 55.2% and 55.3% in his previous two seasons).
Unfortunately, in the last game of the regular season with the Wolves vying for the postseason during the best individual stretch of basketball of his pro career, he punched a curtain that he didn’t realize had a cement wall behind it and broke his right hand. The fact that both McDaniels and Naz Reid (who just signed a three-year, $42MM extension) were injured for the play-in and playoffs right when they were peaking is an overlooked and promising aspect of the Wolves’ offseason, as there is reason to believe they’ll keep improving.
Strengths
At 6’9” with a 6’11” wingspan, McDaniels has elite length for a small forward. He’s a smooth, graceful athlete who is fast in the open court and quick on his feet in tight spaces, which is rare for a player his size.
He uses those tools to navigate screens, contest shots and cover ground on the less glamorous end of the court. McDaniels is one of top perimeter defenders in the NBA, as he received the 12th-most votes of any player for the ‘22/23 All-Defensive Teams, just missing out on the honor (I will never understand why there are two only two All-D teams and three All-NBA teams – more defensive players deserve to be recognized).
Despite having a thin frame, McDaniels is tenacious defensively and plays with an edge on both ends when he’s at his best. He doesn’t shy away from contact, especially if he has momentum.
McDaniels is an extremely versatile defender, with the ability to guard four positions – even five at times. He has strong instincts and is almost always tasked with defending the opposing teams’ best perimeter player. He’s elite on the ball, with excellent lateral footwork and recovering ability. McDaniels’ height allows him to see over the top of screens, and his length allows him to play a few feet off some of the point guards he’s tasked with defending, giving him extra space to maneuver. He’s also a strong weak-side rim protector and reacts well in “help the helper” scenarios.
McDaniels is a versatile offensive player, and a big part of his success in ‘22/23 wasn’t what you’d expect for someone who gets the generic “3-and-D” label – he actually attempted more twos and fewer threes.
I think the Wolves were placing McDaniels in a box a bit early in his career as far as only spotting up for threes at times. He showed throughout last season that he’s more effective – and keeps defenders more off balance – when he’s able to use other parts of his game as well.
Being a plus leaper with plus size makes him a natural lob threat. He has good timing when cutting to the basket, and is a good finisher at the rim. He can pump-fake and drive, handle the ball with both hands, initiate a fast break, run a bit of pick and roll, has a mid-range pull-up jumper, and shot nearly 40% from deep. McDaniels is more skilled than his scoring average might lead you to believe.
Granted, McDaniels’ offensive role was fairly modest for much of last season — he averaged just 8.6 shot attempts per game (55 games) leading up to the trade deadline. That number rose to 10.5 per game (23 healthy games) after the Wolves traded D’Angelo Russell (a score-first guard) for Mike Conley (a pass-first point guard) and Nickeil Alexander-Walker in February.
Another big benefit for McDaniels is that he won’t turn 23 until the end of September, which means there’s theoretically plenty more time for improvement. He was a top-10 recruit entering college, so it’s not a new thing that he’s viewed as having considerable upside.
Weaknesses
While McDaniels is an all-around very strong defender, he’s a subpar rebounder for his position, pulling down just 3.9 boards in 30.6 minutes per game. His other weakness on that end is that he can be foul prone, which can be frustrating when paired with Karl-Anthony Towns’ own undisciplined fouls. That has been an issue in each of his three seasons.
A lack of weight and strength, combined with a high center of gravity, means McDaniels can be bullied off his spots at times. That works against him on both ends of the court, even if his speed and agility help make up for it to an extent. He’s definitely no pushover and doesn’t back down, but if you get into his chest, you can move him.
The 22-year-old’s decision-making can be a little dicey on both ends of the court. He’ll get caught in the air sometimes when going up for a shot, for example, and bites on occasional pump fakes. Cutting down on bad fouls would be a boon for his game. He doesn’t have great feel as a passer.
McDaniels doesn’t always take advantage of mismatches. He’s capable of driving past slower players and shooting over smaller ones, but sometimes he can be passive.
It’s hard to know how legitimate his three-point shooting was in ‘22/23 because his percentages have been all over the place in his career despite fairly consistent attempts. Having a more balanced shot distribution was a positive for his game overall, no doubt, but I’m curious to see if he’ll keep making outside shots at a high level long term.
I could easily see McDaniels becoming a player who scores in the high teens offensively. I’m not sure he can get to 20-plus, though it’s certainly possible if things break the right way. He’s a good ball-handler for his size, but not a great one, and his shot comes and goes.
Conclusion
McDaniels is a young, talented two-way player who brings versatility all over the court. If you were building a wing player from scratch to play defense, he isn’t far off from what you’d be looking for. He has also been pretty durable thus far.
There’s no question that he is highly valued by both the Wolves and all the other 29 teams in the league. He might not be a household name, but he’s going to get a major payday. The question is, how much?
The sample size of McDaniels being a significant contributor to winning is one season. He was very good in that one season, but it’s still only one season. He’s going to get paid based on what he could become just as much as who he currently is. There’s always some risk in that proposition.
McDaniels’ floor in an extension is probably four years, $90MM. That’s what Mikal Bridges got a few years ago and what De’Andre Hunter received before last season started. I thought Hunter got overpaid based on his past results and injury problems, and I would take McDaniels over him in a trade without hesitation.
It’s actually challenging to find a player who compares to McDaniels because he’s only 22, is one of the best perimeter defenders in the league at 6’9”, is a plus athlete, and has an interesting blend of offensive skills. He can’t create his own shot like the former No. 1 overall pick can, but I can see a little bit of Andrew Wiggins in his game. People thought Wiggins was underpaid when he got a four-year, $109MM extension last year.
Something in the middle of those two figures sounds about right to me for McDaniels. If he gets a four-year deal, I think he’s probably in line for around $100MM. The new CBA allows for five-year, non-max rookie scale extensions, and if he wants the extra year of security, I could see him getting about $125MM. $25MM annually is a lot for a role player, but he has a chance to be a special one and was already very good last season.
Reggie Bullock’s Salary To Be Fully Guaranteed
The Mavericks are keeping Reggie Bullock on their roster past the June 28 deadline for his 2023/24 salary to become fully guaranteed, Marc Stein tweets.
Bullock will earn $10.49MM next season before becoming a free agent in 2024. Dallas could have saved nearly half that amount by releasing him before midnight on Wednesday.
The 32-year-old small forward came to the Mavericks as a free agent in 2021. He averaged 7.2 points, 3.6 rebounds and 1.2 assists in 78 games last season while shooting 38% from three-point range.
Clippers To Let Eric Gordon Become Free Agent
The Clippers won’t guarantee Eric Gordon‘s $20.9MM salary for next season, allowing the veteran guard to become an unrestricted free agent, tweets ESPN’s Adrian Wojnarowski. The team confirmed that Gordon has been waived.
The decision on Gordon was made with the luxury tax in mind, according to Andrew Greif of the Los Angeles Times (Twitter link). He adds that management liked how Gordon performed during his brief time with the team, but they want to give more minutes to younger guards rather than committing to a 34-year-old.
Getting rid of Gordon’s contract will reduce the Clippers’ projected tax bill for next season from $169MM to $59MM, tweets Bobby Marks of ESPN. The team currently projects to be $18MM over the $165MM luxury tax threshold.
L.A. acquired Gordon from the Rockets in a three-team deal at the trade deadline. He averaged 11.0 PPG and shot 42.3% from three-point range in his 22 regular season games with the Clippers and put up similar numbers in the playoffs.
Gordon was in the final season of a four-year, $75.5MM contract he signed with Houston in 2020. He could have guaranteed his fourth-year salary by making an All-Star team or reaching a minutes requirement in a championship season.
Free Agency Rumors: Brown, Temple, Green, Suns
The Lakers are strongly interested in signing versatile Nuggets free agent Bruce Brown, multiple sources tell Mike Singer of The Denver Post (Twitter link). Brown, who is in line for a substantial raise after playing an important role in Denver’s first NBA championship, turned down his $6.8MM player option last week.
The Nuggets only hold Non-Bird rights on Brown, which limits them to an offer around $7.8MM — a 20% raise on what he made last season. L.A. may have access to its full non-taxpayer mid-level exception, which will be approximately $12.4MM.
Brown was an ideal addition when Denver picked him up as a free agent last summer. He averaged a career-high 11.5 points per game during the regular season and logged the most minutes of any Nuggets bench player in the postseason.
There are more free agency rumors to pass along:
- The Pelicans have reached an agreement with Garrett Temple to extend the deadline for guaranteeing his $5.4MM contract for next season, moving it from Thursday to July 7, according to Andrew Lopez of ESPN (Twitter link). New Orleans is currently $2.8MM below the luxury tax, and pushing back Temple’s guarantee date provides time for other cost-cutting moves, tweets Bobby Marks of ESPN. Temple only appeared in 25 games last season, averaging 6.5 minutes per night. The Pelicans still face several decisions by Thursday, Lopez notes, as they have to determine whether to pick up team options for Herbert Jones ($1.8MM), Naji Marshall ($1.9MM) and Willy Hernangomez ($2.6MM), along with whether to make a qualifying offer to Jaxson Hayes.
- Aaron Fentress of The Oregonian (Twitter link) is dismissing an internet rumor that Draymond Green traveled to Portland to meet with Damian Lillard about signing with the Trail Blazers. Fentress’ sources say Green is still considered very likely to re-sign with the Warriors.
- Spurs forward Keita Bates-Diop and Nets forward Yuta Watanabe are free agents who might be interested in joining the Suns on minimum deals, tweets John Gambadoro of Arizona Sports 98.7FM.
- The Sixers aren’t expected to give Louis King a qualifying offer, sources tell Michael Scotto of HoopsHype (Twitter link). The 24-year-old forward, who played in just one NBA game last season, will become an unrestricted free agent.
