Ron Oliver

Contract Details: Teodosic, Curry, Durant, Harden

Milos Teodosic‘s new contract with the Clippers is worth $6MM in year one and $6.3MM in year two, with the team using a chunk of its mid-level exception to complete the signing, per Eric Pincus of Basketball Insiders (Twitter link). As Pincus explains, however, the deal isn’t quite that simple. It also features a 15% trade kicker, a partial guarantee of $2MM in year one, a partial guarantee of $2.1MM in year two, and a second-year player option (Twitter links).

What does that mean in practical terms? Well, Teodosic’s first-year salary will become guaranteed in a matter of days. It only features a partial guarantee initially so that a partial guarantee could be included on the second year as well. That second year will now function as a mutual option of sorts — if Teodosic picks up his option, the Clippers would still have a window to waive him and only be on the hook for a third of his salary ($2.1MM of $6.3MM).

Here are more details on new contracts from around the NBA, with all information via Pincus:

Western Conference:

  • The new super-max contract signed by Stephen Curry (Warriors) includes a 15% trade kicker and has no options (Twitter link). Kevin Durant‘s two-year deal with the Warriors also features a 15% trade kicker, though he’s even less likely than Curry to be dealt (Twitter link).
  • As for James Harden‘s super-max extension with the Rockets, the final year of that deal (2022/23) is a player option (Twitter link).
  • The Rockets signed undrafted rookie Cameron Oliver to a two-year, minimum salary contract that includes $300K in guaranteed money (Twitter link).
  • George Hill‘s deal with the Kings is frontloaded, with a $20MM cap hit in year one and $19MM in year two. Hill’s third-year salary of $18MM is only guaranteed for $1MM (Twitter link).

Eastern Conference:

  • J.J. Redick would earn an even larger salary on his one-year contract with the Sixers if he’s traded this season. The $23MM pact includes a 15% trade kicker (Twitter link).
  • The Magic signed Shelvin Mack to a two-year contract worth an even $6MM annually, but only $1MM is guaranteed in year two (Twitter link).
  • Undrafted free agent Alfonzo McKinnie signed a two-year, minimum salary contract with the Raptors that features a $100K guarantee (Twitter link).

Odds & Ends: Asik, Howard, Irving, Jack, Sixers

The 11 pm CT deadline for extensions and team options for players still on their rookie contracts should steal most of the headlines tonight, but let’s look at some of the other buzz from around the league:

  • Rockets officials “continue to privately insist” that Omer Asik won’t be available via trade this season if he and Dwight Howard can be productive alongside one another in the Houston frontcourt, reports’s Marc Stein.
  • Speaking of Howard, Mark Cuban says the Houston center made “a mistake in judgement” by joining the Rockets over his Mavericks, writes Eddie Sefko of the Dallas Morning News, who pulls several other interesting quotes from Cuban and Mavs coach Rick Carlisle about how the team is faring with their “Plan B.”
  • Meanwhile, Dwain Price of the Star-Telegram tweets that Cuban believes Howard had already decided on Houston as his destination before he sat down with the Mavericks last summer.
  • While the Cavaliers can’t offer star point guard Kyrie Irving an extension until next summer, the strong relationship between Irving and owner Dan Gilbert should reassure Clevelanders still sore over losing LeBron James, writes Jodie Valade of the Cleveland Plain Dealer.
  • Valade also writes that, while the Andrew Bynum addition received most of the headlines, it is Jarrett Jack who will have the biggest impact among the new faces in Cleveland this season.
  • Sixers advanced scout and former assistant Ron Oliver won’t return for a third season with the team, reports Shams Charania of RealGM (via Twitter).