Onyeka Okongwu

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: Okongwu, Anthony, Hawks, Coulibaly, Poole

Although a handful of players who didn’t sign rookie scale extensions prior to Monday’s deadline have insisted they won’t let their contract situations be a distraction during the 2023/24 season, Hawks center Onyeka Okongwu admitted on Tuesday that he’s happy to have gotten a deal done, since he didn’t want to have 2024 restricted free agency hanging over his head.

Okongwu signed a four-year, $62MM contract extension with the Hawks that doesn’t include any incentives or options.

“Definitely a stress relief because you know, you don’t want to have to go through all that next year,” Okongwu said, per Lauren Williams of The Atlanta Journal-Constitution. “Awesome. I love the guys here, coaching staff, my teammates. I wanted to stay here and do it with the guys. So I didn’t even want to do all that but now I can play basketball freely.”

Okongwu’s new deal will have a starting salary of $14MM in 2024/25, reports ESPN’s Bobby Marks (Twitter link), and will gradually increase from there, albeit not at the maximum rate of 8% per year.

The big man will eventually earn $16,880,000 in 2027/28, according to Marks, who notes that the deal is never projected to be worth more than 10.3% of the cap. That may turn out to be a team-friendly rate for a player who could eventually become Atlanta’s starting center.

Here’s more from around the Southeast:

  • Magic guard Cole Anthony offered a similar line of thinking to Okongwu’s in explaining why he was happy to sign a rookie scale extension of his own prior to Monday’s deadline (Twitter video link via Jason Beede of The Orlando Sentinel). “The main reason I really wanted to get this deal done is one, I obviously love it here and I really think we have a chance to build something,” Anthony said. “But for me… (to be able to) play the game stress-free. Do what I love, have fun, and just not have to worry about a looming contract. Just go out there and know I’m cool for a few more years and just hoop and have fun.”
  • The Hawks are under pressure to take a step forward this season, according to Jeff Schultz of The Athletic, who notes that – after replacing Nate McMillan with Quin Snyder in February – another underwhelming year would result in changes that go beyond the head coach.
  • While Bilal Coulibaly started four of the Wizards‘ preseason games, the team will take a more patient approach with its rookie forward in the regular season, according to Josh Robbins of The Athletic, who observes that Coulibaly’s workload in Wednesday’s opener (23 minutes) is an indication of what’s to come for the 19-year-old — and may even be inflated due to garbage-time minutes. “He’s going to get some minutes,” head coach Wes Unseld Jr. said after the game. “We’re going to progress him slowly, yes. We’re not going to heap too much on him too soon. But his minutes will vary.”
  • Wizards guard Tyus Jones is impressed with what he has seen so far from new teammate Jordan Poole, suggesting that the former Warrior is determined to take his game to new heights even after averaging 20+ points per game last season. “He’s just a worker. A worker, daily; he’s dedicated,” Jones said, per Ava Wallace of The Washington Post. “I don’t want to say he’s not happy, but he’s not happy with where he’s at in his development. He’s not satisfied.”

Hawks Sign Onyeka Okongwu To Four-Year Extension

5:46pm: The deal is official, the Hawks have confirmed in a press release.


4:47pm: The Hawks have reached an extension agreement with center Onyeka Okongwu, according to Adrian Wojnarowski of ESPN (Twitter link), who hears from agent Sam Goldfeder that the two sides are completing a four-year, $62MM deal.

Okongwu, who will turn 23 in December, was the sixth overall pick in the 2020 draft. He has primarily come off the bench in his first three professional seasons, starting just 28 of 178 games for Atlanta.

However, Okongwu has gradually taken on a more significant role each year, setting new career highs in points (9.9), rebounds (7.2), and minutes (23.1) per game in 80 appearances in 2022/23 and posting impressive offensive rebounding numbers following the arrival of Quin Snyder, per Bobby Marks of ESPN (Twitter link). He projects to take on more responsibilities in the Hawks’ frontcourt this season with big man John Collins no longer on the roster.

While $15.5MM per year is a substantial price to pay for a reserve, it could turn out to be a bargain if Okongwu continues to improve and eventually replaces Clint Capela as Atlanta’s starting center. Capela’s name popped up in trade rumors this offseason and it wouldn’t be a surprise if that happens again in the coming months now that the team has made a long-term commitment to Okongwu.

His long-term contract agreement with the Hawks ensures that Okongwu becomes part of a record-setting class of rookie scale extension recipients in 2023. He’s the 14th players to agree to a rookie scale extension this year, blowing away the previous record of 11, which was set in 2021 and matched in 2022.

Hawks forward Saddiq Bey was also among the players eligible to sign a rookie scale extension by Monday’s 5:00 pm CT deadline, but he didn’t reach a deal with the team, sources tell Wojnarowski (Twitter link).

Southeast Notes: Heat, Herro, Wizards, Okongwu

Kyle Lowry said earlier this week that he expects to be the Heat‘s starting point guard in 2023/24 after finishing last season as a reserve. But will he actually reclaim his old job?

According to Anthony Chiang of The Miami Herald, while head coach Erik Spoelstra was complimentary of Lowry on Friday, he remained noncommittal about who will start at point, noting that a couple other players have been getting practice reps as well.

Kyle, obviously, is our decorated champion,” Spoelstra said. “So playing on those words, he’s one of the great quarterbacks and quarterback minds in this league and he’s critical to what we do. (Josh Richardson) has been playing some there, just trying to get him re-acclimated to a little more of the role that he played with us previously. And Dru Smith is quietly or not so quietly had a very good camp. He’s improved considerably.”

Richardson has played for five different teams over four seasons since Miami traded him away in the Jimmy Butler blockbuster in 2019. He returned to the Heat this summer on a two-year, minimum-salary deal. Smith, meanwhile is a second-year guard on a two-way deal. He split last season with Miami and Brooklyn.

Here are a few more notes from the Southeast Division:

  • In an interview with Couper Moorhead of Heat.com, Tyler Herro said he realizes he can’t do anything about being involved in trade rumors, but he’s out to prove he’s valuable in ’23/24. “It’s funny, but everyone has their opinion,” he said. “The only people that really know are the ones in the front offices making the trades and ultimately deciding whose value is what. I feel like I’m pretty damn valuable. I don’t know. I feel like I’m valuable as hell. At the end of the day, I’m going to show that this season and hopefully by the end of the season I’m going to be in the same boat as Bam (Adebayo).
  • After ranking 17th in the NBA in pace last season, the Wizards plan to deploy a more up-tempo offense in 2023/24. Players are excited about the change, writes Chase Hughes of Monumental Sports Network. “Oh my God, it’s going to be amazing… It’s going to be really fun and it’s going to be fun to watch,” said forward Kyle Kuzma.
  • The Hawks are working with fourth-year center Onyeka Okongwu to expand his offensive arsenal, as Lauren Williams of The Atlanta Journal-Constitution relays (subscriber link). “Some of the things that he’s working on, whether it’s a corner three or dribble handoff, taking the ball and driving, there’s some situations he’s in, they’re new to him, but he’s also very capable in those situations,” head coach Quin Snyder said. “I mean, when you see him, drive baseline, throw a left-hand pass along the baseline, he can do that stuff. It’s just got to become instinctive and that takes time but he’s putting in the work.” Okongwu is eligible for a rookie scale extension until October 23, the day before the regular season begins.

Trade Rumors: Harden, Lewis, Morris, Wright, Capela, Nowell

Although he’s said to be “very positive” about the Sixers‘ direction, James Harden‘s preference is that Philadelphia trade him, according to Mark Medina of Sportsnaut (Twitter links). For their part, the 76ers are listening to offers, but will only move forward on a trade if it’s “really good” and keeps them in title contention, Medina says, adding that the club is comfortable hanging onto Harden if such a deal doesn’t materialize.

[RELATED: James Harden picks up option, working with Sixers on trade]

The Clippers and Knicks were the first two potential trade partners reported to be eyeing Harden, but Ian Begley of SNY.tv (Twitter link) hears that New York’s interest is “far from uniform throughout the organization.”

Begley believes the Clippers’ interest is stronger than the Knicks’, and it sounds like Steve Popper of Newsday agrees — he suggests (via Twitter) that New York’s preference may be to get involved as a third team alongside L.A. in the hopes of landing Paul George. I’m skeptical the Clippers would be enthusiastic about moving PG13 as part of a deal for Harden, but George’s name has come up in a few trade rumors so far this offseason.

During a television appearance (Twitter video link via Evan Sidery), Adrian Wojnarowski of ESPN referred to the Clippers as Harden’s “most prominent” suitor, though he stressed that Los Angeles won’t want to give up any of its “good young players” in a deal for the Sixers guard and would prefer to build a package out of expiring contracts and perhaps a draft pick.

Here are a few more trade-related rumors and notes from around the NBA:

  • The Pelicans are exploring the trade market for a potential deal involving Kira Lewis, according to Jake Fischer of Yahoo Sports, who tweets that a trade could provide the former 13th overall pick with an opportunity to play more for a new team. Lewis has appeared in just 103 games for the Pelicans across three seasons, including 25 in 2022/23. An ACL tear in December 2021 limited his availability over the last two seasons, but he hasn’t been a major part of New Orleans’ rotation even when healthy. The club also reportedly made him available in trade discussions at February’s deadline.
  • With the Wizards believed to be seeking draft assets for guards Monte Morris and Delon Wright, Michael Scotto of HoopsHype spoke to rival executives who believe Washington could get at least one second-round pick – and maybe two – for each player.
  • Although Hawks star Trae Young likes playing with big man Clint Capela, the team has been open to discussing Capela in trade talks this offseason in part because it wants to open up more playing time for Onyeka Okongwu, says Scotto.
  • The Timberwolves are open to sign-and-trade scenarios involving guard Jaylen Nowell, league sources tell HoopsHype. Scotto doesn’t say anything about the Wolves working to re-sign Nowell, so it sounds like he won’t be a top priority for the team.

John Collins Trade Notes, Reactions

It’s easy to understand from a financial perspective why trading John Collins to Utah in a salary-dump deal is the right move for the Hawks, who no longer project to be a taxpayer in 2023/24, writes Jeff Schultz of The Athletic. Still, Schultz views the move as an embarrassing culmination of three years of trade rumors, which began even before Collins signed a five-year, $125MM contract with the team in 2021.

Certainly, if the Hawks had moved Collins a year or two earlier, they could’ve brought back more value from an on-court perspective. As Shams Charania of The Athletic writes, Atlanta had an opportunity to acquire Harrison Barnes from the Kings in a Collins deal last June, but decided against it. The Hawks will instead acquire Rudy Gay and a second-round pick from the Jazz.

Collins’ exit will give young players like Jalen Johnson and AJ Griffin the opportunity to play larger roles going forward, according to Schultz, who adds that the Hawks will continue to explore the trade market. Although Clint Capela and De’Andre Hunter are viewed as possible candidates to be dealt, don’t expect Dejounte Murray to go anywhere. Schultz says a number of teams have inquired on Murray, but GM Landry Fields and head coach Quin Snyder are both fans of the veteran guard.

Here’s more on the Collins trade:

  • Gay is unlikely to actually suit up for the Hawks next season, per Lauren Williams of The Atlanta Journal-Constitution (subscription required). People familiar with the situation tell Williams that the team is expected to try to trade Gay. If no favorable deals emerge, he’ll likely be waived.
  • There’s no shame in admitting that the Collins trade is a salary dump, says ESPN’s Bobby Marks (YouTube link), pointing out that the move will give the Hawks flexibility for future deals with players like Saddiq Bey and Onyeka Okongwu.
  • Tony Jones of The Athletic takes a look at what Collins will bring to the Jazz and how adding him to the mix will affect the rest of the roster. Based on the current make-up of the frontcourt, it appears that Collins, Lauri Markkanen, Walker Kessler, and Kelly Olynyk will have major roles, with others – including Taylor Hendricks – vying for playing time, says Jones.
  • The Jazz‘s acquisition of Collins signals that the front office is willing to accelerate the team’s rebuilding process rather than simply continuing to stockpile draft picks and build through the draft, writes Gordon Monson of The Salt Lake Tribune (subscription required).
  • Zach Harper of The Athletic is far more bullish on the Jazz‘s side of the Collins deal, giving Utah a grade of A for the move while assigning the Hawks an “F-plus.”

Hawks “Open To Conversations” On Anyone But Trae Young

After a tumultuous 2022/23 season saw the Hawks fire their head coach for the second time in three seasons, there was a rumor they might consider trading Trae Young, who reportedly had issues with both Lloyd Pierce and Nate McMillan.

However, Young expressed confidence in new head coach Quin Snyder after the 2022/23 season ended, and league sources tell Jake Fischer of Yahoo Sports the Hawks are “open to conversations” on anyone on their roster except for their point guard, implying they plan to continue building around the two-time All-Star.

That said, Fischer cautions Atlanta isn’t actively looking to move certain players, particularly Dejounte Murray. Sources tell Fischer the Hawks highly value Murray, whom the team acquired last offseason from San Antonio. Atlanta’s front office is apparently using some sort of tiered ranking system for the roster, and the 26-year-old stands on his own just below Young, according to Fischer.

Fischer previously reported that the Hawks discussed a framework of a trade that would have sent John Collins and the No. 15 pick in next week’s draft to the Mavericks in exchange for Davis Bertans and No. 10. It sounds as though Dallas balked at that proposal, so there wasn’t much progress in the talks, but Fischer hears from sources who say the Mavs might be open to a deal if Clint Capela was the incoming player instead of Collins.

Onyeka Okongwu is the Hawks player most rival teams have expressed interest in, according to Fischer, with Capela, Collins and De’Andre Hunter also viewed as trade candidates. However, Capela has good chemistry with Young, and the Hawks value Hunter, having signed him to a lucrative rookie scale extension before ’22/23 started, Fischer notes.

The Hawks are expected to keep Saddiq Bey, whom the team acquired for five second-round picks at the February trade deadline, Fischer adds. Like Okongwu, Bey will be eligible for a rookie scale extension extension this summer.

Sources tell Fischer that Atlanta is thought to be high on Raptors forward Pascal Siakam, who has one year left on his contract. Siakam will be extension-eligible this summer, but the two-time All-NBA member could choose to hold off on that decision, as he’ll be eligible for a super-max extension with Toronto in 2024 if he makes another All-NBA team in ’23/24 (he missed out on the honor this past season).

Hawks Exercise 2023/24 Options On Okongwu, Johnson

The Hawks are picking up their team options on center Onyeka Okongwu and forward Jalen Johnson for the 2023/24 season, according to reports from ESPN’s Adrian Wojnarowski and Tim Bontemps (Twitter links).

The moves will lock in a fourth-year salary of $8,109,063 for Okongwu, the sixth overall pick in the 2020 draft, and a third-year salary of $2,925,360 for Johnson, last year’s 20th overall pick.

Okongwu has had his season debut delayed by injuries in each of his first two years in the NBA, having dealt with a foot issue as a rookie and shoulder surgery last season. However, he has shown intriguing promise when he’s been healthy, averaging 8.2 PPG, 5.9 RPG, and 1.3 BPG in 48 games (20.7 MPG) in 2021/22. He could be in line for a larger role going forward.

Johnson is also expected to see more action in his second NBA season, according to Bontemps. As a rookie, the former Duke standout logged just 120 total minutes in 22 games, averaging 2.4 PPG and 1.2 RPG.

Okongwu will now become eligible for a rookie scale extension during the 2023 offseason. As for Johnson, he has a $4.51MM team option for 2024/25, which the Hawks will have to make a decision on by October 31, 2023.

Southeast Notes: Okongwu, Wagner, Wizards

Hawks reserve center Onyeka Okongwu took a big leap during his second NBA season in 2021/22, though Atlanta as a team took a significant step back in the playoffs. Okongwu is taking pains to put in the work during the offseason to improve his skill set, per Lauren Williams of the Atlanta Journal-Constitution. In 48 games last year, the 6’8″ big man out of USC averaged 8.2 PPG, 5.9 RPG and 1.1 APG, while shooting an excellent 69% from the floor.

The 21-year-old big man is striving to improve his jump shooting. “People are going to have expectations for me,” Okongwu said. “You know, I got to this point for a reason. I got drafted by this team for a reason. So, I definitely make sure I do what I do, but adding on something every year, every year, just add a little something.”

There’s more out of the Southeast Division:

  • Magic small forward Franz Wagner has played somewhat erratically in EuroBasket competition, but has managed to be a big contributor for the German national team when firing on all cylinders, per Ethan Fuller of Basketball News. Fuller writes that Wagner appears to have improved his pull-up three-point shooting and his play around the rim during this international run.
  • The Wizards currently boast a plethora of solid wing players, to the point that Josh Robbins of The Athletic addresses whether or not Washington may look to make a move to address that logjam by making a consolidation trade. Elsewhere in his mailbag, Robbins projects where the club could finish in a loaded Eastern Conference this season after missing the playoffs last year, as well as contextualizing the Summer League struggles of rookie lottery pick Johnny Davis.
  • In case you missed it, our Rory Maher recently took a look at extension-eligible Heat guard Tyler Herro, and assessed the reigning Sixth Man of the Year’s candidacy for a lucrative new contract.

Hawks Rumors: Collins, Capela, Grant, Bogdanovic

A John Collins trade appears more likely to happen this offseason than it ever has in the past, according to Marc Stein, who writes in his latest Substack article that a deal involving the Hawks big man seems to be “pretty much expected.”

Both Stein and Jeremy Woo of SI.com continue to link Collins to the Trail Blazers, with Woo suggesting that Atlanta is “eyeing” Portland’s No. 7 overall pick and Stein agreeing that a Collins deal structured around that No. 7 pick seems plausible.

Stein adds that Suns general manager James Jones has “rated Collins highly in the past,” so if Atlanta does pursue a sign-and-trade deal for Phoenix center Deandre Ayton, there could be a fit there.

Here’s more on the Hawks:

  • Clint Capela‘s name continues to pop up in trade rumors, with Shams Charania of The Athletic reporting earlier today that the Timberwolves have talked to Atlanta about the veteran center. However, Stein notes that Capela is close with Trae Young and has been described as a “true Young favorite,” so if the Hawks move the big man, they’d have to be pretty confident the deal upgraded the roster.
  • After writing a couple weeks ago that the Hawks continued to exhibit interest in Pistons forward Jerami Grant, Stein clarifies that it was actually Detroit that showed more interest in a hypothetical deal that would involve Grant, the Hawks’ No. 16 overall pick, and Bogdan Bogdanovic, while Atlanta was less enthusiastic about the idea. It’s not clear how Bogdanovic’s recent knee surgery might affect the Pistons’ interest in such a trade or the Hawks’ ability to move him, Stein writes.
  • Despite Travis Schlenk‘s insistence that the Hawks won’t undergo a “major overhaul” this summer, rival teams still believe they’re looking to make significant changes, with Young, De’Andre Hunter, and Onyeka Okongwu widely believed to be the only players who are probably off limits, according to Stein.