As Marks explains, the deal features approximately $9MM in total incentives — $2MM are currently considered likely to be earned, while the other $7MM are unlikely (meaning Middleton and/or the Bucks didn’t achieve the criteria last season). For now, the forward’s annual cap hits, which take into account his base salaries and likely incentives, will be $29.3MM, $31.7MM, and $34MM.
Here are a few more contract and cap details from around the NBA:
- Marks also has the specifics (via Twitter) on Cameron Johnson‘s four-year contract with the Nets, which includes several incentives and declines in years two and three before rising again in year four. Johnson has base salaries of $24.5MM, $22.5MM, $20.5MM, and $22.5MM, with annual bonuses of $4.9MM, $4.5MM, $4.1MM, and $4.5MM. Currently, a total of $4.4MM of those incentives are considered likely, while the other $13.6MM are unlikely.
- The Suns‘ deal with Yuta Watanabe is a two-year, minimum-salary agreement with a second-year player option, confirms Michael Scotto of HoopsHype (Twitter link). That was the common structure on the contracts Phoenix offered to free agents — Eric Gordon, Keita Bates-Diop, and Drew Eubanks received similar deals.
- A pair of two-way contracts that have been signed early in the 2023/24 league year will cover two seasons instead of just one. Craig Porter‘s deal with the Cavaliers and Jaylen Martin‘s agreement with the Knicks are each for two years, per Keith Smith of Spotrac (Twitter links).
- A handful of teams using cap room this season have renounced their free agent rights to one or more players in order to maximize their space. According to RealGM’s transaction log, the Pacers (George Hill), Kings (Terence Davis, Jeremy Lamb, Corey Brewer), Pistons (Hamidou Diallo, Rodney McGruder, and Buddy Boeheim), and Thunder (eight players, including Dario Saric, Jared Butler, and Nick Collison) all renounced players. In some cases, those cap holds had been on teams’ books for multiple seasons — they won’t be there going forward.