14 Players Affected By Poison Pill Provision In 2023/24
The term “poison pill” doesn’t actually show up in the NBA’s Collective Bargaining Agreement, but it’s used colloquially to refer to a provision in the CBA that affects players who recently signed rookie scale contract extensions.
As we explain in our glossary entry, the so-called poison pill provision applies when a player who signed a rookie scale extension is traded before the extension takes effect.
In that scenario, the player’s incoming value for the receiving team for matching purposes is determined by averaging his current-year salary and the salaries in each year of his new extension. His current team, on the other hand, simply treats his current-year salary as the outgoing figure for matching purposes.
For instance, Spurs wing Devin Vassell is earning a $5,887,899 salary in 2023/24, but signed a five-year, $135MM extension that will begin in ’24/25.
Therefore, if San Antonio wanted to trade Vassell this season, his outgoing value for salary-matching purposes would be $5,887,899 (this year’s salary), while his incoming value for the team acquiring him would be $23,481,317 (this year’s salary, plus the $135MM extension, divided by six years).
[RELATED: 2023 NBA Rookie Scale Extension Recap]
Most of the players who signed rookie scale extensions aren’t realistic candidates to be traded anytime soon. But even in the event that a team does want to look into trading one of these recently extended players, the gap between the player’s incoming trade value and outgoing trade value could make it a real challenge to find a deal that works for both sides.
The “poison pill” provision applies to 14 players who signed rookie scale extensions in 2023. Here are those players, along with their outgoing salaries and incoming salaries for trade purposes:
| Player | Team | Outgoing trade value | Incoming trade value |
|---|---|---|---|
| Anthony Edwards | MIN | $13,534,817 | $36,573,920 |
| LaMelo Ball | CHA | $10,900,635 | $36,134,889 |
| Tyrese Haliburton | IND | $5,808,435 | $35,286,189 |
| Desmond Bane | MEM | $3,845,083 | $33,512,589 |
| Devin Vassell | SAS | $5,887,899 | $23,481,317 |
| Jaden McDaniels | MIN | $3,901,399 | $22,483,567 |
| Onyeka Okongwu | ATL | $8,109,063 | $14,021,813 |
| Isaiah Stewart | DET | $5,266,713 | $13,053,343 |
| Deni Avdija | WSH | $6,263,188 | $12,252,638 |
| Josh Green | DAL | $4,765,339 | $11,441,335 |
| Cole Anthony | ORL | $5,539,771 | $11,159,943 |
| Aaron Nesmith | IND | $5,634,257 | $9,658,564 |
| Zeke Nnaji | DEN | $4,306,281 | $7,261,256 |
| Payton Pritchard | BOS | $4,037,278 | $6,807,456 |
Once the 2024/25 league year begins next July, the poison pill provision will no longer apply to these players. At that time, the player’s ’24/25 salary would represent both his outgoing and incoming value.
Until then though, the gap between those outgoing and incoming figures will make it tricky for several of these players to be moved, though it affects some more significantly than others.
The small difference between Pritchard’s incoming and outgoing trade figures, for instance, likely wouldn’t be very problematic if the Celtics decide to trade him. But the much larger divide between Bane’s incoming and outgoing numbers means there’s virtually no chance he could be dealt to an over-the-cap team in 2023/24 — given that the Grizzlies have no desire to move Bane, that’ll be a moot point, but it’s still worth noting.
Southeast Notes: Wizards Arena, Kispert, Miller, Ball
The Wizards are looking to make major renovations to their arena and want public funding to pay for the majority of the bill.
Monumental Sports & Entertainment, which owns the Wizards as well as the NHL’s Capitals and WNBA’s Mystics, has asked D.C. for $600MM of public funding to renovate Capital One Arena, Sam Fortier of The Washington Post reports. That’s about 75% of the funds needed to carry out Monumental’s renovation plan. The remaining $200MM would be covered by Monumental, which is owned by chief executive Ted Leonsis.
We have more from the Southeast Division:
- Wizards wing Corey Kispert has an ankle sprain but it’s not severe, Josh Robbins of The Athletic tweets. While Kispert didn’t play on Friday, he’s not in a walking boot and the goal now is to reduce the swelling and let the ankle heal.
- In his latest mailbag, Roderick Boone of The Charlotte Observer says he doesn’t expect No. 2 pick and Hornets forward Brandon Miller to start in the near future. He notes that Gordon Hayward is an unlikely candidate to come off the bench, given his salary, and he’s the player Miller would have to replace in the lineup. The rookie’s versatility off the bench is also a factor, Boone adds.
- Given how much time he missed last season, LaMelo Ball isn’t surprised he’s off to a slow start offensively. The Hornets point man is shooting 30.5% from the field in four games. “I ain’t hoop in a minute, so it’s just conditioning and getting all that back and everything,” Ball told Boone. “But I feel all right. I feel like stuff is going to come back. I’m just keeping positive.” Ball signed a five-year max extension this summer.
Hornets Notes: Miller, Oubre, Williams, Ball
The Hornets don’t want to ask too much of No. 2 overall pick Brandon Miller at the start of his rookie season, and the roster depth at the forward spots puts the club in a good position to avoid putting pressure on him in the early going, writes Roderick Boone of The Charlotte Observer. As Miller notes, with plenty of reliable veterans, he can focus on getting comfortable in his role.
“It definitely gives me a lot of confidence just to come in here and take an open shot on a passed ball from LaMelo Ball or one of our vets out here,” Miller said. “It’s just a confidence thing.”
While Miller may not immediately be a focal point on offense or the player who’s taking on the toughest defensive assignments, he has been a quick study so far in training camp, impressing his Hornets teammates.
“Yeah, I think it’s definitely rare, but his game speaks volumes,” P.J. Washington said. “I’ve been saying this a long time, but he doesn’t do anything (wrong) on the court. I’m very happy the way he’s been working. He’s getting extra shots, he’s doing everything to be successful in this league. And I just can’t wait to see him play.”
Here’s more on the Hornets:
- In his initial comments to reporters as a 76er this week, former Hornets wing Kelly Oubre appeared to take a shot at his old team, as Boone relays. “Honestly, this team wins every year, right?” Oubre said of the Sixers. “The fan base wants them to win more, but I’ve come from teams where they have no hope. Like, zero hope within the whole city. And this is not that at all. … The organization gives its players the platform to do so with everything around us. So, it’s night and day from what I’ve been to, and I’m going to just take advantage of it, soak it all in, and take it day by day.” Oubre spent the past two seasons with the Hornets.
- Second-year big man Mark Williams wasn’t able to play in Summer League or complete his usual offseason workout routine since he spent part of the summer recovering from thumb surgery. Instead, he focused on spending extra time in the weight room, adding roughly 12 pounds without sacrificing speed and lateral movement, Boone writes for The Observer.
- Within the same story, Williams said he’s looking forward to picking the brain of Patrick Ewing, the former star center who has rejoined the Hornets as a coaching consultant. “Obviously, what he can do, what he’s done, and then now to have a legend like that here will be great for me,” Williams said. “He obviously played the five, played against a lot of greats. So, to have him here will be really cool.”
- LaMelo Ball, who signed a five-year, maximum-salary contract extension with the Hornets in July, is embracing his role as a team leader, according to Boone. “(We) see the difference in him from last year and the last couple of years,” veteran guard Terry Rozier said of his teammate.
Southeast Notes: Preview, Kuzma, Poole, Avdija, Magic
David Alridge, Eric Nehm and Josh Robbins of The Athletic recently previewed the Southeast Division. Both Aldridge and Robbins think the Wizards overhauling their front office was the most impactful move a Southeast team made this offseason, while Nehm thought the Hornets showing confidence in LaMelo Ball by giving him a max extension was arguably the biggest move.
As for decisions that might backfire, Aldridge questions the Magic selecting Anthony Black sixth overall in June’s draft. He wonders where another point guard will fit into Orlando’s rotation, especially one with a shaky jump shot on a team in need of floor spacing.
Nehm believes the Hawks might regret trading John Collins, as he’s a firm believer in the power forward’s talent and wonders if he was the right player to move. As for Robbins, he thinks the Heat got worse by not making a major trade while losing Max Strus and Gabe Vincent in free agency.
The three writers also chose breakout candidates for the division, with Aldridge selecting Hornets forward Miles Bridges, Nehm picking Magic forward Franz Wagner, and Robbins going for Magic point guard Markelle Fultz.
Here’s more from the Southeast:
- How can Kyle Kuzma and Jordan Poole become All-Stars in 2023/24? Chase Hughes of Monumental Sports Network explores that topic, writing that the two Wizards will have to increase their scoring averages to 25-plus points per game, lead the team to a winning record at the All-Star break, and improve their statistics in non-scoring categories.
- There were rumors during the summer that Wizards forward Deni Avdija was dealing with a hip injury. However, head coach Wes Unseld Jr. said Avdija will be a full participant in training camp. “He looks strong,” Unseld said, according to Robbins of The Athletic (Twitter link). “I think he had a tremendous summer.”
- Jason Beede of The Orlando Sentinel lists five Magic storylines ahead of training camp. Can reigning Rookie of the Year Paolo Banchero improve his scoring efficiency and defense? Will the team attempt more shots and become more accurate from three-point range? Those are two of the questions posed by Beede.
Hornets Notes: Jones, Ball, McGowens, Camp Questions
Hornets big man Kai Jones is away from the team indefinitely with no timetable for a return following a series of strange social media posts. Charlotte said he’s away for personal reasons.
However, one of his former teammates doesn’t think there’s anything amiss with Jones, according to Noah Weber of The Smoking Cuban (Twitter video link).
“Kai has always been like that…People just have never seen the real Kai,” said forward Greg Brown, who played college ball with Jones at Texas. “Kai is really just showing the real Kai right now.”
Brown is currently on an Exhibit 10 training camp deal with the Mavericks. He said he reached out to Jones, who says “he’s doing great.”
Here’s more on the Hornets:
- Point guard LaMelo Ball missed 46 games last season due to three left ankle sprains and a broken right ankle, which required surgery. At Monday’s Media Day, Roderick Boone of The Charlotte Observer asked the 22-year-old if he planned to wear ankle braces in 2023/24, and Ball said yes. An All-Star in ’21/22, Ball signed a rookie scale max extension with the Hornets this offseason which will begin in ’24/25.
- According to Boone (Twitter link), second-year wing Bryce McGowens will be a limited participant in training camp, which starts Tuesday, after rolling his ankle last week during a workout. McGowens will earn a guaranteed $1.72MM this season after being promoted to a standard contract from a two-way deal in February. His salaries for ’24/25 and ’25/26 are non-guaranteed.
- In an article for The Charlotte Observer, Boone poses five questions the Hornets need to answer entering training camp, including if Ball can stay healthy, how No. 2 overall pick Brandon Miller fits into the equation, and the health status of wing Cody Martin, who only played seven games last season due to a knee injury.
Super-Max Candidates To Watch In 2023/24
Note: This is an updated version of an article that was sent exclusively to our Trade Rumors Front Office subscribers in June. Click here for more information on Trade Rumors Front Office.
The NBA’s Designated Veteran rule, as we explain in our glossary entry on the subject, allows players to qualify for a maximum salary worth 35% of the cap before they gain the required NBA service time.
Typically, a player is ineligible to receive a maximum contract that starts at 35% of the cap until he has at least 10 years of experience, but the Designated Veteran rule gives a player with between seven and nine years of experience the opportunity to do so if he meets certain performance criteria. This has become colloquially known as signing a “super-max” deal.
The performance criteria are as follows (only one of the following must be true):
- The player was named to an All-NBA team and/or was named the NBA Defensive Player of the Year in the most recent season, or in two of the last three seasons.
- The player was named the NBA MVP in any of the three most recent seasons.
Since the NBA introduced the concept of the Designated Veteran contract in 2017, 12 players have signed them across seven offseasons. Celtics wing Jaylen Brown became the latest player to join that group this summer when he signed a five-year super-max deal that could become the NBA’s first $300MM contract.
Brown will be the only player who signs such a contract this offseason, but it’s worth taking a peek down the road to see which players are the best candidates to join the list of super-max recipients in 2024 and 2025.
We can start by penciling in another Celtic, Jayson Tatum, for 2024. Although he doesn’t yet have enough years of NBA service to sign a Designated Veteran extension, Tatum met the performance criteria in the spring by earning his second consecutive All-NBA berth.
That means that even if he doesn’t make an All-NBA team in 2024, he’ll have received an All-NBA nod in two of the previous three seasons when he meets the service time criteria next summer, making him super-max eligible. It seems likely the Celtics will offer him a Designated Veteran extension at that time.
Here are some other candidates to watch during the 2023/24 season:
2024
- Bam Adebayo (Heat)
- De’Aaron Fox (Kings)
- Brandon Ingram (Pelicans)
- Jamal Murray (Nuggets)
- Pascal Siakam (Raptors)
Because a player become ineligible for a Designated Veteran extension if he’s traded after his first four years in the NBA, prime candidates like Donovan Mitchell and Domantas Sabonis won’t be able to qualify. Still, there’s an intriguing group of candidates in play for next summer.
Ingram, Murray, and Siakam, members of the 2016 draft class, would have become super-max eligible if they had made an All-NBA team this year. They’ll get another chance in 2024.
Ingram averaged a career-best 24.7 points and 5.8 assists per night in 2022/23, but injuries limited him to just 45 games. While he’s not one of the best 15 players in the NBA, it’s not impossible to imagine the 26-year-old earning an All-NBA spot if he stays healthy and helps lead the Pelicans to a top-four seed in the West. He’s probably a long shot, but we can’t rule him out entirely.
Murray was making his way back from an ACL tear last season, which meant he was subject to load management and wasn’t necessarily at his best from day one. But his postseason performance – 26.1 points per game on .473/.396/.926 shooting en route to a championship – served as a reminder that he has All-NBA upside.
Siakam made the All-NBA Second Team in 2020 and the Third Team in 2022 and received some votes in 2023. However, he still needs one more All-NBA nod in 2024 to become eligible for a Designated Veteran deal. He’ll be a candidate to watch as long as he remains in Toronto for the 2023/24 season. A trade – which would make him ineligible – still looms as a possibility.
Adebayo and Fox are 2017 draftees with just six years of NBA experience, which means that Fox didn’t meet the Designated Veteran performance criteria by earning All-NBA honors in May — he’ll need to do it again in 2024 to qualify for a super-max deal. His performance this past year showed that he’s capable of it.
Adebayo’s path to an All-NBA berth is complicated by the fact that the All-NBA teams will become positionless beginning in 2024. That means voters won’t necessarily have to choose three centers, which may reduce his odds of making the cut.
Still, the field of All-NBA candidates may be more wide open than usual in 2024, since the league is also requiring players to appear in at least 65 games in order to be eligible for one of the 15 spots. That means a player who misses a few weeks with an injury might be out of the running. If Ingram, Murray, Siakam, Fox, and Abebayo can stay healthy and play at least 65 times, their All-NBA odds will increase.
It’s worth noting too that being named Defensive Player of the Year is another way to qualify for a super-max. Adebayo has finished in the top five in voting for that award in each of the last four seasons and is a legitimate candidate to win it at some point.
2025
- Luka Doncic (Mavericks)
- Shai Gilgeous-Alexander (Thunder)
- Jaren Jackson Jr. (Grizzlies)
Doncic, Gilgeous-Alexander, and Jackson were drafted in 2018 and have just five years of NBA experience, so they’re still two years away from having the service time required for a Designated Veteran contract — none of them would be able to sign a super-max extension until 2025. However, they all have an opportunity to meet the performance criteria in 2024.
Doncic and Gilgeous-Alexander made up the All-NBA First Team backcourt in 2023, so if they make an All-NBA team again next year, they’ll have done so in at least two of the three years leading up to the 2025 offseason.
As for Jackson, he missed out on All-NBA honors in 2023, but was the league’s Defensive Player of the Year. It’s a tall order, but if he can win a second DPOY award in either of the next two seasons, he’ll make himself eligible to sign a super-max contract in 2025.
The rookie scale extension recipients
- LaMelo Ball (Hornets)
- Anthony Edwards (Timberwolves)
- Tyrese Haliburton (Pacers)
Ball, Edwards, and Haliburton have all signed five-year, maximum-salary rookie scale extensions this offseason that project to start at 25% of the 2024/25 cap. If we assume the cap will rise by the maximum allowable 10%, those deals would be worth just shy of $217MM.
However, all three extensions include Rose Rule language. This is another form of the super-max — we can call it the “mini” super-max, paradoxical as that may sound. Unlike a player who signs a Designated Veteran contract, which starts at 35% of the cap instead of 30%, a player who meets the Rose Rule criteria can receive a starting salary worth 30% of the cap rather than 25%.
The performance criteria for a Rose Rule salary increase are essentially the exact same as for a Designated Veteran bump, but must be achieved by the end of the player’s four-year rookie contract. That means Ball, Edwards, and Haliburton would have to make the All-NBA team in 2024 in order to increase the projected value of their respective extensions to $260MM over five years — an All-NBA berth in 2025 or 2026 would be too late.
Each of these three players has an All-Star berth under his belt, so making the leap to All-NBA certainly isn’t inconceivable. Edwards may be the best bet of the three to qualify for the mini super-max, but if Ball and Haliburton can lead their teams to playoff spots, they’d certainly have a case.
Hornets Notes: Schnall, Plotkin, Jordan, Roster
New Hornets co-chairmen Rick Schnall and Gabe Plotkin gave an exclusive interview to Roderick Boone of The Charlotte Observer on Thursday following their introductory press conference.
The chat covered a number of topics, including the duo’s desire to build a sustainable winner, fan engagement, the team’s roster, and their respect for former majority owner Michael Jordan, who retained a minority stake in the franchise and recently penned an open thank you letter following the finalized sale.
Here are some highlights from Boone’s interview, with is worth checking out in full for Hornets followers:
On Jordan initiating the conversation about selling the team last August:
“The way he has dealt with us in this process — he told us a year ago, ‘You two guys are the right guys to buy the business,'” Schnall said. “You are basketball guys. I believe you can do this, and I want you to do this.’ And he stuck to his word. He was committed. That’s when we started down this path.”
How Schnall’s experience as a minority owner of the Hawks will impact his decision-making with Charlotte:
“I think being in and around the NBA for eight years, watching how owners make decisions, how general managers make decisions, how the CBA works, how trades work, how you build a roster. And I’m a business builder as a living, and I take all that in to think about and work with Gabe, and the rest of the group on how do you build a team? What’s the strategy for building a team over the long term, and create success over the long term?
“Obviously, I wasn’t making the decisions in Atlanta, but I was in the room. And we went through a rebuild. We made a decision to break it down. … Now you can debate if we did everything right. I don’t think we did. But we did a lot of things right. We had the right idea at that time.
“… I think all of that is information and Gabe and I spent a lot of time talking about it. Now that we are in the position of making those decisions or helping make those decisions, what are the right decisions to make at different times in order to try to build a sustainably successful franchise. And that’s what we are trying to do. We are not trying to win the title in one year and then be terrible two years later. Like any sustainable business, how do we build something that is a contender year-in and year-out.”
Plotkin’s thoughts on the current state of the roster:
“I think it will be a competitive team. When you look at the Eastern Conference, it’s pretty powerful at the top of the conference and there’s a bunch of teams somewhere in the middle parts where I think we can compete within. And we’ll see how that plays out. I think there are really a lot of good parts on the roster. Really, we liked what we saw out of Brandon (Miller) at summer league. His shot wasn’t falling, but that is not something that we are really worried about. He’s got great mechanics, he’s got a great release, he shot the ball incredibly well at Alabama.
“And we just signed LaMelo (Ball) to the max. And he was playing great basketball last year before he got injured. Usually that third, fourth year is an inflection year and we just didn’t get to see it from him because he wasn’t really on the court. And we were just speaking with Mark Williams. When he came into the starting lineup, there was a palpable difference on how this team defended. Being a part of this team for the last four or five years, there’s been no rim protection.
“And so to anchor yourself with a really high basketball IQ player on the back end of your defense, who can alter shots and shoot the basketball a little bit and rim run, that’s really important. The pieces are all there. We’ll see how Miles (Bridges) looks as he comes back. He was great the last season we had him, and there are other young parts that can elevate. And, of course, you have Gordon (Hayward) and Terry (Rozier), who are kind of consummate professionals. There’s a lot of pieces. They’re young and we think they will continue to develop.”
Southeast Notes: Ball, Highsmith, Muscala, Magic
Hornets star guard LaMelo Ball signed a five-year, maximum-salary designated rookie extension, worth up to a projected $260MM, with Charlotte earlier this summer.
During a press conference with gathered reporters, Ball and team president and general manager Mitch Kupchak spoke about the new agreement, as Roderick Boone of The Charlotte Observer reports.
“The decision, it wasn’t really hard,” Ball, the third draft pick in 2020, said. “All my years here I’ve had a good time. Life wasn’t bad. The basketball aspect, that’s not really going well. You kind of want to live your life and just have fun and just be living well. So in Charlotte I was doing that, so it just all felt like a great choice.”
Ball was limited to just 36 contests with the Hornets in 2022/23 due to ankle injuries, but was prolific on offense when he did play. The 6’7″ guard averaged 23.3 PPG on .411/.376/.836 shooting splits, along with 8.4 APG and 6.4 RPG. Charlotte has yet to make the playoffs during Ball’s NBA career.
“To have a player of LaMelo’s caliber with his game, with his youth, we know he is going to get better as a player,” Kupchak said. “He’s here every day. He certainly had a setback last year, but in terms of healing, he’s been 100 percent healed and he’s been on the court working out every single day trying to get better.”
There’s more out of the Southeast Division:
- Heat forward Haywood Highsmith recently saw his $1.9MM salary for the 2023/24 season become fully guaranteed, writes Anthony Chiang of The Miami Herald. “It’s a good step in the right direction for me,” Highsmith told Chiang. “Still developing, still trying to get better and big things coming for me, I hope. I’ve been working hard this offseason, so it’s definitely a good step in the right direction.” Former Miami teammate Udonis Haslem, now retired, unpacked how Highsmith approaches the game. “Undersized, not a guy who you’re going to run a lot of plays for, has to be efficient,” Haslem said. “His approach is a defensive-minded approach, so he takes the challenge every night. He’s just my guy.”
- Despite a winless five-game 2023 Summer League run, the Magic were able to learn about their two rookie lottery selections, while in turn educating No. 6 pick Anthony Black and No. 11 pick Jett Howard about the team’s own approach to its internal dynamics, writes Jason Beede of The Orlando Sentinel. “From everybody in the front office to the coaching staff to the players, everybody’s locked in,” Howard said, “We just met each other but we still had the willingness to keep fighting and sticking together. “Even down the stretch when we’re losing, we’re still cognate for one another. We showed up and worked hard in training camp. All of those things just make a culture.”
- On the cusp of his 11th NBA season, 32-year-old Wizards big man Mike Muscala isn’t taking his longevity for granted, writes Chip Scoggins of The Star Tribune. “As a young athlete, you’re always striving for something,” Muscala said. “It’s like, ‘I want to do this. I want to compete against this person.’ There’s still a lot of value in that. But once you kind of check those boxes, it’s like, now what? When you’re grateful for whatever situation you’re in and the opportunities you have, that’s been motivating me.”
Contract Details: Brooks, Bane, DiVincenzo, Ball, Clarkson
Dillon Brooks will receive even more money from the Rockets, thanks to their complex five-team sign-and-trade, ESPN’s Adrian Wojnarowski tweets.
Brooks’ four-year, front-loaded contract agreement with Houston was originally reported to be worth $80MM. He’ll now receive at least $86MM through the life of the contract and can reach $90MM if he reaches certain incentives.
The sign-and-trade involving Memphis, Houston, and three other teams was finalized on Saturday.
The four guaranteed years are spread out in this fashion: $22.6MM next season; $22.3MM on 2024/25; $21.1MM in 2025/26; and $20MM in 2026/27, ESPN’s Bobby Marks tweets.
We have more contract-related news:
- The five-year rookie scale extension that the Grizzlies gave Desmond Bane isn’t quite a max contract because it includes some incentives. Bane will receive $197.2MM in guaranteed money and can make an additional $8.7MM if he reaches certain incentives, Tim MacMahon of ESPN tweets.
- Unlike Brooks, Donte DiVincenzo‘s four-year contract with the Knicks includes typical raises. He’ll receive $10.9MM next season; $11.4MM in 2024-25; $12MM in 2025-26; and $12.5MM in 2026/27, Fred Katz of The Athletic tweets. The contract, which is guaranteed for $47MM, also includes $750K per year in unlikely bonuses, including Defensive Player of the Year, Most Valuable Player, Most Improved Player, Sixth Man of the Year and All-NBA.
- LaMelo Ball‘s five-year max designated rookie extension with the Hornets doesn’t include a player option, Michael Scotto of HoopsHype tweets. The pact does, however, feature a 15% trade kicker.
- Jordan Clarkson renegotiation and extension deal with the Jazz begins with a salary of $23.5MM for next season, MacMahon tweets. It drops down to $14.1MM in 2024/25 and inches up to $14.3MM for the 2025/26 season. The contract also has $1.1MM in incentives.
Hornets Sign LaMelo Ball To Five-Year Max Extension
JULY 6: The Hornets and Ball have officially finalized their deal, with the team issuing a press release to confirm the signing.
JULY 1: The Hornets and LaMelo Ball are finalizing a five-year designated rookie extension that will be worth the maximum salary, according to Shams Charania of The Athletic (Twitter link). Agent Sam Permut tells Adrian Wojnarowski of ESPN (Twitter link) that the two sides have reached an agreement.
Ball’s starting salary on the new deal will pay him at least 25% of the 2024/25 cap. Charania’s report suggests there will be Rose Rule language that could increase that figure to 30% of the cap if Ball earns All-NBA honors next season.
The exact value of the contract will depend on where the ’24/25 cap lands and whether Ball meets the Rose Rule criteria, but even in a worst-case scenario, it will be worth well north of $200MM. In a best-case scenario (30% starting salary, 10% cap increase), it would be worth $260MM.
Charlotte selected the 6’7″ point guard with the third overall pick in the 2020 draft. He immediately emerged as a lethal and creative scorer all over the floor, and was named the 2020/21 Rookie of the Year despite being limited to just 51 out of 72 possible games (31 starts) in his first season due to injuries.
Ailments have been a recurring theme in Ball’s young career, outside of a relatively healthy 75-game run in 2021/22, during which he made his first All-Star team as an injury replacement.
A right ankle fracture ended his 2022/23 campaign early. He played in just 36 contests for the 27-55 Hornets. When Ball did play last year, he remained his stellar statistical self, though it didn’t particularly contribute to winning. He notched 23.3 PPG on .411/.376/.836 shooting splits, 8.4 APG, 5.4 RPG and 1.3 SPG.
Charlotte is undergoing some major changes this summer. The team selected highly-touted Alabama forward Brandon Miller, widely considered to be another All-Star caliber prospect, using the second pick in this year’s draft. Former longtime majority owner Michael Jordan also sold most of his shares in the club to a new ownership group, led by tech investor Ian Loring and several notable North Carolinians. The Hall of Famer will still retain a stake in the franchise moving forward.