It’s going to be a busy week at Hoops Rumors, with this year’s trade deadline just five days away. But while things are still relatively quiet, we want to take a closer look at how today’s trade between the Clippers and Jazz works from a cap perspective and where things stand with the few 10-day contracts that have been signed so far this season.
Let’s dive in…
The Clippers/Jazz trade
Utah’s cap flexibility:
The Clippers and Jazz have officially finalized a deal that sends P.J. Tucker, Mohamed Bamba, a 2030 second-round pick, and cash to Utah in exchange for Drew Eubanks and Patty Mills.
First and foremost, this is a reminder that for teams not encumbered by either tax apron, salary-matching rules in trades have never been more lenient. Bamba and Mills are on identical one-year contracts and each have a cap hit of $2,087,519 this season, but Tucker’s cap hit ($11,539,000) is more than double that of Eubanks ($5,000,000).
Teams operating below the first tax apron like Utah are permitted to take back up to 200% of their outgoing salary (plus an extra $250K) when they send out any amount up to $7.5MM. That means the Jazz are allowed to acquire up to $10,250,000 in incoming salary in exchange for Eubanks’ outgoing $5MM salary.
That’s not quite enough for Tucker, which is why Mills was added to the deal. With $7,087,519 in total outgoing salary, the Jazz’s maximum incoming amount increases to $14,425,038. That’s more than enough to accommodate both Tucker and Bamba, who are earning a combined $13,626,519, though Bamba’s minimum deal can be absorbed using the minimum salary exception, meaning salary-matching is only necessary to acquire Tucker.
The Jazz entered the day with a team salary of $143,653,620. This trade increased that figure to $150,192,620, which is still more than $20MM below the luxury tax line ($170,814,000). In other words, Utah has more than enough breathing room below the tax line to make this sort of deal two or three more times over before the deadline.
Of course, the Jazz don’t have enough expendable players to make exactly this sort of trade two or three more times. But the team could, for instance, take back extra salary when moving players like John Collins, Collin Sexton, or Jordan Clarkson, and also still has its $8MM room exception available to absorb a contract or two outright. That flexibility should serve Utah well and make the Jazz a team to watch for the rest of the week.
The Clippers’ tax-ducking:
Meanwhile, the Clippers were one of five NBA teams that entered the day on Saturday operating over the tax by less than $6MM — Los Angeles had been about $2.47MM above the tax line and has now moved to approximately $4.07MM below that threshold.
Steve Ballmer is the richest team owner in the NBA, so he probably barely would’ve noticed if he’d to pay L.A.’s relatively small projected tax bill of $6.2MM. But the Clippers will now be in position to receive a share of the tax distribution for non-taxpayers too. The exact amount of that per-team distribution remains up in the air depending on what other moves are made this week, but it could be in excess of $15MM. That’s not nothing.
Perhaps more importantly, after being a taxpayer for each of the previous four seasons, the Clippers move a step closer toward resetting their “repeater” clock. If they can avoid the tax at least once more in a coming season, the Clips will shed their repeater status and will only face standard tax penalties when they become a taxpayer again down the road, rather than the far more punitive repeater penalties.
The difference between standard and repeater penalties is substantial, especially with repeater rates set to rise in 2025/26, so resetting that clock is a big deal — it puts the Clippers in position to spend big on their roster a few years from now without still being on the hook for extra tax payments as a result of their high payrolls in the Paul George era.
The Pelicans, Cavaliers, Mavericks, and Warriors are the other four teams who are over the tax line by less than $6MM. I don’t expect all of them to try to get out of tax territory before Thursday’s deadline, but New Orleans, at least, is a virtual lock to do so and it’s possible one or two others will consider it.
Ten-day contracts
Branden Carlson and the Thunder:
Carlson’s second 10-day contract with Oklahoma City expired overnight on Friday, making him a free agent and reopening the 15th spot on the Thunder‘s roster. Because a player can’t sign three 10-day contracts with the same team in a season, the Thunder would have to offer Carlson a rest-of-season deal if they want to bring him back.
I don’t see that happening before Thursday’s trade deadline — my guess is that the Thunder will leave that 15th spot open for now in case they need to use it in a trade this week. If the spot remains free after that, they might consider their options on the buyout market over the next few weeks before making any final decisions on their 15th man.
Carlson is a candidate to fill that opening eventually. I also wouldn’t be surprised if the Thunder decide to promote Ajay Mitchell from his two-way contract to the standard roster and look to bring Carlson back on a two-way deal before the March 4 deadline for two-way signings.
However, Mitchell’s toe surgery, which may sideline him for the rest of the season, is a factor working in Carlson’s favor for that 15th spot — if Mitchell isn’t able to contribute in the playoffs, there will be no urgency for the Thunder to get him locked up before the summer.
For what it’s worth, Carlson was playing regular minutes off the bench with Isaiah Hartenstein sidelined and had made at least one three-pointer in eight straight games, but he was a DNP-CD in each of the two games after Hartenstein returned from his calf strain.
Orlando Robinson and the Raptors:
Now that Carlson’s 10-day deal has expired, Robinson’s second 10-day contract with Toronto is the only one in the league still active.
It has been a very quiet winter so far for 10-day signings, as our tracker shows — I expect things will pick up after the trade deadline when more teams open up roster spots, but as of now, the Raptors and Thunder are the only two teams that have signed any players to 10-day contracts this season.
Robinson’s contract is set to expire at the end of Thursday, hours after the trade deadline passes. Don’t be surprised if the Raptors end up terminating that deal one day early. They don’t have a game on Thursday, so Robinson would be the easy choice to be cut if they need to open up a spot to accommodate an extra incoming player in a trade.
Robinson has averaged 16.8 minutes per game in Toronto’s last four contests and looks like a candidate to earn either a standard or two-way rest-of-season contract if the Raptors can accommodate it after the trade deadline.
