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Contract Details: Novak, Green, Miller, Thompson

July 16th, 2012 at 4:19pm CST by Luke Adams

While most players' contracts include annual raises, or at the very least, identical annual salaries, Steve Novak's new contract with the Knicks is a little different, as Mark Deeks of ShamSports explains (Twitter link). Novak's deal starts at a little over $4MM, dips to below $3.5MM by 2014/15, then rises back up to $3.75MM for 2015/16. The unusual structure of the deal provides the Knicks a small amount of savings in the years when the rest of the team's roster will get extremely expensive.

Deeks shared a number of other contract details from around the league, via Twitter, so let's round them up….

The Spurs' deal with Danny Green is for three fully-guaranteed years and $11,287,500, with no options.
Andre Miller will earn $5MM in each of the next two seasons with the Nuggets. The third year of his deal is partially guaranteed for $2MM of $4.625MM.

Earlier updates:

Jason Thompson's five-year deal with the Kings is worth $30,187,500, though year five is only partially guaranteed for $2.65MM.
According to Deeks, the previously reported figures for Ersan Ilyasova are a little high — his deal with the Bucks is worth $40MM over five years. The first four years are guaranteed at $7.9MM each, then year five is partially guaranteed for just $400K of $8.4MM.
Jamal Crawford received the full mid-level for four years from the Clippers, but the final two years of the contract are only guaranteed for $1.5MM each.
Marcus Camby's contract with the Knicks, $13,151,319 over three years, descends in value, with just $1,025,890 of $4,177,208 guaranteed in the third season.
Every first-round pick to sign so far has received the full 120% of the rookie scale.
DeShawn Stevenson will earn $2,240,450 in each year of his three-year deal with the Hawks, though only the first season is guaranteed.
Kyle Singler's fully-guaranteed deal with the Pistons is worth $3,135,000 over three years, with no options, while Victor Claver's deal with the Trail Blazers is also fully guaranteed and will pay him $4MM over three years.
Jason Kidd (Knicks; three years, $9.09MM), Ian Mahinmi (Pacers; four years, $16MM), and Gerald Green (Pacers; three years, $10.5MM) all received fully-guaranteed contracts with no option years.
The Nets' agreement with Reggie Evans is worth $5,086,905 over three years, and is fully guaranteed.
Hasheem Thabeet's contract with the Thunder appears to be for more than the minimum salary. Deeks pegs the value at three years and $3.65MM, though only the first year and $500K of year two are guaranteed. Oklahoma City will be using either a portion of their mid-level or bi-annual exception for that deal.
I would guess Thabeet's deal will come out of the MLE, since the Thunder are also using a portion of the mid-level on Hollis Thompson, who signed a three-year minimum-salary contract. Only $75K is guaranteed, however.
Doron Lamb received a three-year, minimum-salary deal from the Bucks, with the third year nonguaranteed.

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Southwest Rumors: Anderson, Pargo, Miles

July 16th, 2012 at 2:27pm CST by Luke Adams

The Rockets have arguably been the Southwest team in the news most often this month, as they've pursued restricted free agents and continued to try to land a superstar like Dwight Howard via trade. For now though, Daryl Morey and the Rockets are playing the waiting game, as they wait to see whether the Knicks will match their offer sheet for Jeremy Lin. In the meantime, here are a few updates on Houston's division rivals….

Spurs Re-Sign Tim Duncan To Three-Year Deal

July 15th, 2012 at 7:11pm CST by Luke Adams

SUNDAY, 7:11pm: The pact is for 3 years and approximately $30MM according to Yahoo Sports' Marc Spears on Twitter. Spears credits his colleague Johnny Ludden for the report.

WEDNESDAY, 1:53pm: The Spurs officially announced in a press release that they have re-signed Duncan.

TUESDAY, 12:39pm: The contract also includes a no-trade clause, tweets Spears.

12:21pm: Duncan's three-year deal is fully guaranteed and includes a third-year player option, tweets Marc J. Spears of Yahoo! Sports.

Odds & Ends: Lin, Drummond, Joseph, Cavaliers

July 15th, 2012 at 3:08pm CST by Michael Pina

With ongoing uncertainty surrounding Jeremy Lin's tenure with the Knicks, ESPNNewYork.com's Jared Zwerling took the liberty of comparing the former Harvard point guard's skill set with the incoming Raymond Felton, who was acquired in a sign-and-trade with Portland last night. According to a few advanced statistics it's evident that Lin would be the better basketball option for New York, but the decision to let him go would be more of a financial one.

As we dig into this Sunday afternoon, here are a few more tidbits from around the league.

Odds & Ends: Fields, Scola, Blazers, Gordon

July 14th, 2012 at 12:41pm CST by Zachary Links

The Knicks’ deadline to match Landry Fields’ 3-year, $18.7MM offer sheet from the Raptors is tonight at 11pm CDT. If they match Lin and Fields, the Knicks will have roughly $86MM committed to those two plus Carmelo Anthony, Amare Stoudemire, and Tyson Chandler for the 2014-15 season, tweets Al Iannazzone of Newsday. Include Jason Kidd and Steve Novak and it’s more than $92MM committed to seven players. The luxury tax penalties really start to get stiff in 2013/14 and that could make the Knicks' decision on Fields a difficult one. Here's more from around the Association..

Spurs Sign Nando De Colo

July 13th, 2012 at 4:37pm CST by Luke Adams

FRIDAY, 4:37pm: The Spurs have officially signed De Colo, the team announced today in a press release.

TUESDAY, 12:03pm: Nando De Colo will leave Spanish team Valencia BC and sign a two-year deal with the Spurs, Valencia announced today (English link via Sportando). The 6'5" guard was drafted by San Antonio with the 53rd overall pick in the 2009 draft, and the Spurs have held his NBA rights since then.

Spurs Re-Sign Patty Mills

July 13th, 2012 at 1:08pm CST by Luke Adams

The Spurs have officially re-signed free agent point guard Patty Mills, according to a team press release. Johnny Ludden of Yahoo! Sports first reported that the Spurs had agreed to a new deal with Mills.

Odds & Ends: Lorbek, Magic, Mavs, Nash

July 13th, 2012 at 9:56am CST by Luke Adams

Although the Spurs will bring one international prospect stateside this season, having signed Nando De Colo to a contract, another of the team's top international players doesn't appear headed for San Antonio. Spanish club Regal Barcelona announced today that they have re-signed Erazem Lorbek to a three-year deal to remain with the team (English translation via Emiliano Carchia of Sportando). The Spurs, who hold Lorbek's NBA rights, were said earlier this offseason to be "very close" to a deal with the Slovenian forward, so it's a little surprising to see him re-up with Regal Barcelona.

Let's round up a few more Friday morning odds and ends….

Odds & Ends: Spurs, Perkins, Fields

July 12th, 2012 at 10:46pm CST by Ryan Raroque

The Spurs were two wins away from an NBA Finals appearance this year, and while some fans may be alarmed that the team fell short of a Finals berth after going 50-16, R.C. Buford explained why there's little need to panic (Jeff McDonald of SpursNation reports). Along with the re-signing of Tim Duncan, Danny Green, Boris Diaw, the team announced the additon of point guard prospect Nando De Colo and appear to be excited at the continued development of Kawhi Leonard. Here's the rest of what we've heard tonight out of the Association..

Spurs Re-Sign Boris Diaw

July 12th, 2012 at 1:20pm CST by Luke Adams

THURSDAY, 1:20pm: The Spurs have officially re-signed Diaw, the team announced today in a press release.

TUESDAY, 8:15am: The Spurs and Boris Diaw have agreed to terms on a two-year deal that will keep the forward in San Antonio, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter). The deal includes a second-year player option and is worth about $9MM total, with incentives that could push Diaw's earnings to $9.2MM, says Wojnarowski (Twitter link).