Remaining Mid-Level, Bi-Annual Exceptions Begin To Decline In Value
Besides being the day when non-guaranteed salaries officially become fully guaranteed, January 10 represents an important date on the NBA calendar for a second reason. It’s also the day when several cap exceptions begin to prorate downward for the rest of the season.
[RELATED: Key In-Season NBA Dates Deadlines For 2022/23]
The non-taxpayer mid-level exception, taxpayer mid-level exception, room exception, and bi-annual exception will all decline in value by 1/174th each day for the rest of the season, beginning today. Trade exceptions and disabled player exceptions will be unaffected.
Each team will be impacted slightly differently by the proration calculations. For instance, the Bulls had $7,290,000 left on their mid-level exception entering Tuesday. Their MLE value will decline by $41,897 per day (1/174th of $7,290,000) for each of the season’s remaining 90 days. By the last day of the season, even if they don’t use it to sign another player, the Bulls’ MLE would be only be worth in the neighborhood of $3.5MM.
A team like the Hornets, with their full $10,490,000 mid-level exception available, will see that exception’s value decline by over $60K per day, while the $691,731 left on the Timberwolves‘ MLE will dip by just $3,975 per day.
Teams’ mid-level and/or bi-annual exceptions will prorate downward daily by 1/174th of the amount left as of January 10, even if that club uses a portion of its exception between now and the end of the season. So if a team has $5MM left on its MLE today and uses $3MM to sign a player tomorrow, that team would still lose 1/174th of $5MM per day the rest of the way, not 1/174th of $2MM.
[RELATED: Hoops Rumors Glossary: Proration]
These prorating exceptions shouldn’t have a major league-wide impact. However, if a team wants to offer a free agent more than the minimum salary or sign a player to a three- or four-year contract during the second half of the season, they’ll need to use some form of the MLE or BAE. As a result, teams will have to keep tabs on the ever-changing values of those exceptions.
For details on the portions of their mid-level and/or bi-annual exceptions teams have used so far this season, you can check out our trackers here and here.
Suns Among Teams Interested In Jalen McDaniels
Hornets forward Jalen McDaniels has drawn “increasing interest” around the NBA as a potential trade candidate, Shams Charania of The Athletic said during an appearance on The Rally (Twitter video link). The Suns are among the clubs monitoring McDaniels as the February 9 trade deadline nears, according to Charania.
McDaniels, who will turn 25 later this month, is enjoying a breakout season in Charlotte, averaging career highs in points (10.9), rebounds (4.9), assists (2.1), and steals (1.1) per game, among other categories.
A fourth-year forward, McDaniels saw his playing time dip to a career-low 16.3 minutes per game under James Borrego last season, but has become a key rotation contributor for new head coach Steve Clifford in 2022/23, logging a career-high 26.5 MPG. He’s also one of just two Hornets to have appeared in all 41 games so far this season, along with Mason Plumlee.
McDaniels’ length, defensive versatility, and ability to make threes (.352 career 3PT%) will make him a popular trade target if the Hornets are willing to move him. Charania notes that the former second-round pick would make sense for Phoenix in a potential Jae Crowder deal, though a third team would almost certainly need to be involved, since Charlotte wouldn’t be a logical fit for Crowder.
Because McDaniels wasn’t a first-round pick, he’ll be an unrestricted free agent – rather than restricted – at the end of his fourth season this summer, and Charania suggests he’ll be “sought after” on the open market. That could make the Suns and other teams hesitant to give up too much for him — McDaniels’ club would have his Bird rights, but wouldn’t be able to control his free agency by unilaterally matching any offer he receives.
Scotto’s Latest: Burks, Reddish, Quickley, Cavs, Hardaway
Pistons guard Alec Burks is receiving interest from a number of playoff-caliber clubs, league sources tell Michael Scotto of HoopsHype.
Burks is having one of his best seasons as a pro off the bench for the Pistons, averaging 14.0 PPG, 3.0 RPG, and 2.2 APG in just 22.0 minutes per contest (30 games). His 44.7% three-point rate is a career high, as is his 46.4% mark on shots from the floor.
Burks is earning approximately $10MM this season and has a $10.49MM team option on his contract for 2023/24. According to Scotto, the Pistons are a pretty safe bet to exercise that option if Burks remains with the team for the rest of the season, since it’s a team-friendly price based on his production and his veteran presence. With that in mind, Detroit could always trade Burks in the offseason or even at the 2024 trade deadline, so the club won’t have to simply settle for the best offer in the coming weeks.
Here’s more from Scotto:
- The Knicks‘ asking price for Cam Reddish is a pair of second-round picks, league sources tell Scotto. The Lakers and Bucks are among the teams who have inquired on the fourth-year forward, Scotto adds.
- The Bucks are also one of the clubs to inquire on Knicks guard Immanuel Quickley, along with the Mavericks, Wizards, and others, says Scotto. However, Quickley has been playing some of his best basketball as of late and New York’s asking price is significant (at least a first-round pick), reducing the odds that he’s moved.
- Addressing the possibility of a Caris LeVert/Tim Hardaway Jr. swap between the Mavericks and Cavaliers, Scotto confirms a couple of concerns from Cleveland’s side first voiced by Chris Fedor of Cleveland.com. The Cavs would be hesitant to take on Hardaway’s contract, which has two years left beyond this season, according to Scotto, and may be seeking extra compensation in any deal due to a belief that LeVert is a better overall player.
Hoops Rumors’ 2023 NBA 10-Day Contract Tracker
On January 5, NBA teams became eligible to sign players to 10-day contracts, and many of the signings that take place between now and April will be of the 10-day variety. Hoops Rumors has created a database that allows you to keep on top of those deals, tracking every 10-day signing all season long.
Besides featuring all of this year’s 10-day deals, our 10-Day Contract Tracker includes information on all 10-day contracts signed since the 2006/07 season. The search filters in the database make it easy to sort by team, player, and/or year. For instance, if you want to see all the 10-day contracts that the Hawks have signed in the last 15-plus years, you can do so here. If you want to view Greg Monroe‘s history of 10-day deals, that list is here.
You can also see whether a player and team signed a second 10-day contract, or if those short-term deals led to an agreement that covered the rest of the season. Additionally, our tracker notes which 10-day deals remain active, saving you from having to figure out whether a particular contract ends on Wednesday or Thursday.
We’ve revamped our 10-day tracker since last season, but if you prefer the old look, you can still view it here.
A link to our 10-Day Contract Tracker can be found at any time in the right sidebar under “Hoops Rumors Features” on our desktop site. On our mobile site, you can find it on our “Features” page. We’ll be keeping it up to date for the rest of the season, so be sure to check back to keep tabs on the latest signings as they become official.
Southeast Notes: Robinson, Dedmon, Lowry, Clifford, Krejci
Two-way player Orlando Robinson may have passed Dewayne Dedmon on the depth chart as the Heat‘s backup center. Robinson finished Sunday’s one-point loss to Brooklyn with six points, nine rebounds and two assists in 20 minutes, while Dedmon didn’t play due to coach’s decision for the first time this season. The Heat outscored the Nets by 24 points with Robinson on the court, Anthony Chiang of the Miami Herald notes.
“I thought he just gave us great minutes,” Heat coach Erik Spoelstra said. “Even when we had to take (Bam Adebayo) out in the fourth quarter, that could have been an emotional downer, like a real buzz kill. But O had been playing really well and when I turned to him, everybody else was like: ‘Yeah, let’s do this.’ He’s earned the minutes and I think the way he was really sprinting to the rim on some of the pick-and-rolls and creating a little bit of confusion, really helped us generate some clean looks.”
We have more from the Southeast Division:
- Heat guard Kyle Lowry has been downgraded to out for Tuesday’s game against the Thunder, Chiang tweets. The Heat have a number of injury concerns. Rotation players Caleb Martin (left quadriceps strain) and Duncan Robinson (finger surgery) have also been ruled out, while Tyler Herro (left Achilles soreness) and Adebayo (right wrist contusion) are questionable.
- Steve Clifford returned for a second stint as the Hornets’ head coach to take them to the next level. The way the season has played out, he now has the task of developing the young players during a rough season. Clifford spoke of trying to strike that balance in a Q&A with Roderick Boone of the Charlotte Observer in a subscriber-required story. “We need to win and develop these young guys. And definitely this is really a different roster than what we thought it would be, particularly when I first got here,” Clifford said. “But at the end of the day being adaptable as a coach is a big deal, and you want to be the right coach for the team that you are coaching.”
- Vit Krejci had his contract for this season guaranteed by the Hawks over the weekend when he remained on the roster. Krejci is grateful the front office decided to keep him around, as he told Lauren Williams of the Atlanta Journal-Constitution. “Yeah, it’s a good feeling,” Krejci said. “You know, I worked really hard to be in this position. And I’m glad that the team trusts me and the coaches and the staff, everybody trusts me. So, I’m really happy for that.” Krejci has appeared in 17 games this season.
Atlantic Notes: Embiid, Niang, Trent Jr., Barnes, Young
Sixers star center Joel Embiid is listed as questionable for Tuesday night’s home game against the Pistons, Keith Pompey of the Philadelphia Inquirer tweets. Embiid has missed the past three games with a sore left foot, including Philadelphia’s road win over Detroit on Sunday. P.J. Tucker is probable with a sinus infection after missing Sunday’s game.
We have more from the Atlantic Division:
- Sixers forward Georges Niang hopes he’ll get an invitation to participate in the 3-point contest on All-Star weekend, according to Pompey. “The three-point contest, obviously, if you’re an NBA fan, you’ve paid attention to it and watched it,” Niang said. “If you ever get a chance to be a part of that, it would be an honor.” Niang is a career 40.7% 3-point shooter and has made 42% of his attempts this season.
- It’s no lock that the Raptors will deal Gary Trent Jr. before the trade deadline, Sportsnet’s Michael Grange said on “The Raptors Show.” (video link). After a rough patch, Trent has averaged 25 points per game in his last seven contests. Trent came off the bench for a stretch during a shooting slump. “He’s earned a lot of respect for how he’s handled himself as a pro and you look at his profile, his age, those guys are hard to find,” Grange said. However, Toronto will explore all options. “I don’t think it’s a certainty they’ll trade him. but I think it’s a certainty they’ll listen,” Grange added. Trent has an $18.56MM player option for next season.
- Scottie Barnes and Thaddeus Young exchanged words during halftime of the Raptors’ game against Portland. They downplayed the incident, Josh Lewenberg of TSN Sports tweets. “It was just a little disagreement. It was nothing serious,” Barnes said. “You have some disagreements but it was nothing serious.” Young said, “We just had a disagreement. No different than brothers going back and forth, especially when we’re both passionate about the game.” (Twitter link).
Central Notes: Mitchell, Bayno, Jackson, Antetokounmpo
Cavaliers guard Donovan Mitchell hopes he’ll get a warm reception when he returns to play in Utah on Tuesday for the first time since the Jazz traded him, he told Chris Fedor of the Cleveland Plain Dealer.
“I don’t know what the response will be. I hope it’s cheers,” the Cavs star said. “We did a lot of great things there. Obviously, we didn’t accomplish our end goal. But I had a lot of positives despite not winning a championship. That’s not easy. Only one team does it. We had five cracks at it, and we missed.”
We have more from the Central Division:
- Pistons assistant coach Bill Bayno is back on the bench and traveling again after undergoing surgery for prostate cancer, James Edwards III of The Athletic writes. “Thank God I got this while I was with an NBA team,” he said. “When you have good employer health insurance, it makes a huge difference.” The cancer was discovered during a screening while the Pistons were participating in the Summer League.
- Pacers big man Isaiah Jackson, who had fallen out of the rotation, had an eventful and busy week, as Scott Agness of Fieldhouse Files notes. He was sent to Fort Wayne in the G League and played back-to-back games on Wednesday and Thursday. He then played 15 minutes, contributing 12 points and two blocks, in Indiana’s game against Portland on Friday. “A little tired, but I feel like that’s all mental for me right now,” he said on Sunday. “I just want to see how hard I can push myself. … I was like I might as well just to keep that momentum up. I feel good for the most part.”
- The Bucks have hit a rough patch but Giannis Antetokounmpo isn’t panicking, as he told Jim Owczarski of the Milwaukee Journal Sentinel. “Even though we’ve lost a few games, we’re still second or third in the East,” he said. “There’s no reason to panic but there’s a reason for us to be urgent, have urgency in the way we practice and the way we play the game. But we have a chance, so as long as we get better every single day, we have a chance to be great when it matters the most.” Milwaukee has dropped six of its last nine games.
Eastern Notes: Collins, Ibaka, Barrett, Hornets
Hawks forward John Collins, one of the league’s prime trade candidates, is “comfortable” with whatever happens over the next month, he told Sam Amick of The Athletic in an extensive interview.
“I come in and I play basketball, and whatever happens, happens because I don’t control that side. I don’t have any control over any decisions that get made, where I am and where I play. I don’t have any control over that,” he said. “I can say, ‘Hey, I want to do this and I wanna do that,’ and they (the Hawks) can just do whatever they feel is fair. You saw it with Kevin Durant, right? He’s begging for trade, and Brooklyn is like, ‘Nah.’ Not saying that I’m Kevin Durant, but it’s just the mentality of ‘Yeah, you can say whatever, you can make a public scene, you can do whatever (and it won’t matter).’”
Collins, who is averaging 13.3 points and 8.1 rebounds per night, is in the second year of a five-year, $125MM contract with the Hawks.
We have more from the Eastern Conference:
- Bucks forward Serge Ibaka will miss the team’s road trip for personal reasons, according to coach Mike Budenholzer, Jim Owczarski of the Milwaukee Journal Sentinel tweets. The Bucks faced the Knicks on Monday. Milwaukee plays Atlanta and Miami (twice) before returning home. Ibaka has appeared in 16 games this season but has averaged just 11.6 minutes in those contests.
- RJ Barrett is “real close” to returning to action, Knicks coach Tom Thibodeau told ESPN’s Tim Bontemps (Twitter link) and other media members. Barrett hasn’t played since departing in the first quarter against Dallas on Dec. 27 due to a lacerated finger. New York’s next game is against Indiana on Wednesday.
- The Hornets are likely to be sellers at the trade deadline, Roderick Boone of the Charlotte Observer opines in his latest mailbag. President of basketball operations Mitch Kupchak hasn’t made major trades during his tenure in Charlotte, but with the club floundering, players on expiring contracts such as Mason Plumlee and Kelly Oubre could be dealt to contenders.
Warriors Notes: Curry, Thompson, Wiggins, Iguodala, Buyout Market
Stephen Curry‘s return could be imminent. Curry participated in Monday’s practice and scrimmages, according to ESPN’s Kendra Andrews, and he’s listed as questionable to play against Phoenix on Tuesday. Curry hasn’t played since Dec. 14 due to a shoulder injury.
Klay Thompson and Andrew Wiggins were also full participants while Jonathan Kuminga, James Wiseman and JaMychal Green sat out.
Kevon Looney, Draymond Green, Donte DiVincenzo and Jordan Poole did not participate in the scrimmages because they’ve played heavy minutes in recent games (Twitter links here).
We have more on the Warriors:
- Wiggins missed 15 games due to an adductor strain and illness. In his return against Orlando on Saturday, he scored 12 points in 19 minutes but shot just 4-for-12 from the field. He told The Athletic’s Anthony Slater that he’ll need some time to regain his best form. “It just felt a little rusty out there just trying to get my feet right, get back in rhythm,” Wiggins said. “But I know it’s going to take a little time.”
- Andre Iguodala made his season debut in the same game and also needs to scrape off some rust. He wasn’t much of a factor in 12 minutes. However, Iguodala isn’t a crucial rotation piece like Wiggins, Slater notes in the same piece.
- The trade deadline is a month away, followed by the buyout market. The Warriors, who have an open roster spot, need to add another piece, Marcus Thompson II of The Athletic opines. What do they need the most? In Thompson’s estimation, an athletic big would be ideal. They could also pursue a wing capable of stressing defenses off the dribble.
Health Updates: Luka, LeBron, Bam, Smart, Vassell, Bol
Luka Doncic is listed as questionable for Tuesday’s contest at the Clippers, the Mavericks announced (via Twitter). The star guard is dealing with left ankle soreness.
Doncic is one of the NBA’s best players and a leading MVP candidate, so obviously his potential absence would be detrimental to the team’s chances — Dallas has gone 0-4 this season without him, including Sunday’s loss at Oklahoma City.
The 23-year-old is having a remarkable season. Through 37 games (36.9 MPG), he’s averaging a league-leading 34.0 PPG, plus 8.8 RPG, 8.7 APG and 1.6 SPG on .499/.355/.742 shooting. The points, steals, FG% and 3PT% are all career highs, as is his 61.3 true shooting percentage.
The Mavs are currently 23-18, the No. 4 seed in the West.
Here are some more health updates from around the NBA:
- After previously being downgraded to questionable with left ankle soreness, Lakers star LeBron James has now been ruled out for tonight’s matchup at Denver, tweets Shams Charania of The Athletic. In his 20th season, the reigning Western Conference player of the week is averaging 29.1 PPG, 8.2 RPG, 6.7 APG and 1.0 SPG on .510/.295/.756 shooting through 31 games (35.9 MPG).
- Heat center Bam Adebayo has a right hand injury, which is why he sat out the final 5:11 of Sunday’s loss to Brooklyn, per Anthony Chiang of The Miami Herald (subscriber link). Adebayo said he’s actually been dealing with it for a few days, but the injury was aggravated in the first half. “I don’t know how he’ll feel tomorrow,” head coach Erik Spoelstra said. “There was a really hard hand contusion in the first half and he tried to gut it out in the second half, and you could see he was basically playing with one hand. It was just extremely sore. So I had to make that tough call and take the decision out of his hands in the fourth quarter and we’ll just evaluate him tomorrow.” Adebayo said X-rays were negative, and an MRI on Monday revealed a wrist contusion, but nothing more serious. He’s officially listed as questionable for Tuesday’s contest vs. the Thunder, according to Chiang (Twitter link).
- Celtics guard Marcus Smart has been ruled out of Monday’s game against Chicago, tweets Jared Weiss of The Athletic. Smart is dealing with a left knee contusion. Fellow guards Derrick White and Malcolm Brogdon should see an uptick in minutes with Smart sidelined.
- The Spurs didn’t announce a timeline for Devin Vassell‘s return following knee surgery, but head coach Gregg Popovich said on Friday that the third-year guard is expected to be back later this season. “I’m thinking maybe a little after the All-Star break,” he said, according to Jeff McDonald of The San Antonio Express-News (Twitter link).
- Forward Bol Bol has cleared the league’s health and safety protocols and will rejoin the Magic for Tuesday’s contest at Portland, writes Khobi Price of The Orlando Sentinel (subscriber link). Bol will ultimately miss four games after entering the protocols last Tuesday — he’s out for tonight’s matchup at Sacramento. The 23-year-old is having a breakout fourth season for Orlando, averaging 12.0 PPG, 7.1 RPG and 1.6 BPG on .588/.388/.739 shooting through 37 games (32 starts, 26.1 MPG).