As usual, players already under contract have their figures listed based on Keith Smith's work at Spotrac.com while salaries in bold italics are my own estimates based on reported numbers and the standard 5% or 8% raises that the teams could give. Salaries are also color coded if they are a player option, a team option, not fully guaranteed, or a "mutual option" (a player option that's not fully guaranteed) based on the reporting, with parentheses to credit whoever broke the news and when.
6/30 update: The NBA officially announced that the salary cap for this season is $164,961,000, which is slightly lower than the $165 million that was projected. The luxury tax line, First Apron, and Second Apron are subsequently $200,428,000, $209,015,000, and $221,686,000, respectively.
That means these are the maximum starting salaries and total possible contracts based on years of experience:
- 6 or fewer years (25% of the cap): $41,240,250 for up to 4 years, $177,333,075 with a new team or 5 years, $239,193,450 with their previous team.
- 7-9 years (30%): $49,488,300 for up to 4 years, $212,799,690 with a new team or 5 years, $287,032,140 with their previous team.
- 10+ years (35%): $57,736,350 for up to 4 years, $248,266,305 with a new team or 5 years, $334,870,830 with their previous team.
And the amount available for the various exceptions can go up to the following starting salaries and totals:
- Full Mid-Level Exception (MLE): $15,044,000 for up to 4 years, $64,689,200
- Taxpayer MLE: $6,064,000 for up to 2 years, $12,431,200
- Room Mid-Level Exception: $9,366,000 for up to 3 years, $29,502,900
- Bi-Annual Exception: $5,477,000 for up to 2 years, $11,227,850 (can only be used every other year)
- Minimum Exception: a $2,449,421 cap hit, aka the minimum for players with two years of experience, as long as it's a one year deal. The league subsidizes the cap hit and pays the difference between that and their actual salary that they earn based on years of experience.
Now back to the deals:
Isaac re-signs with the Magic: 1 year, minimum contract (Scotto 7/1)
When Orlando waived Isaac but chose not to stretch out the $8 million that was guaranteed over three years, it was a sign that this would be coming since the stretch provision prevents teams from re-signing that player afterwards. Thus, they save $4,050,579 from the original $14,500,000 that he was due. Having nine years of experience, the defensive specialist will make just over $3.52 million (on top of that $8 million) with the subsidized cap hit above on the one year minimum.
Martin re-signs with the Raptors: 2 years, $4.8 million (Shams 7/1)
| Alijah Martin | $2,185,116 | $2,571,892 |
After being the #39 pick a year ago, Martin played on a Two-Way contract and now is being re-signed on a minimum. I'm guessing that the second year will be a team option so that Toronto can decline it next summer for a longer deal.
Melton re-signs with the Warriors: 2 years, $11 million (Shams 7/1)
| De'Anthony Melton | $5,477,000 | $5,750,850 |
I'm going with the full BAE amount, $11,227,850, but it might end up being exactly $11 million with a starting salary of $5,365,854 as every last dollar could matter if they end up close to the First Apron that this now hard-caps them to. Because Golden State traded him during the '24-25 season and had to re-sign him in free agency last summer, they only had Non-Bird Rights to offer him 120% of the minimum that he played on this past season, so they have to use an exception to give him a fair raise. If they don't end up using the MLE on someone else, this could end up just being part of that to preserve the BAE to use next year (since it can only be used, get this, bi-annually), and they'll still need to shed salary in order to use the full MLE.
Sexton signs with the Lakers: 2 years, $19 million (Shams 7/1)
| Collin Sexton | $9,366,000 | $9,834,300 |
Grimes signs with the Lakers: 4 years, $60 million (Shams 7/1)
| Quentin Grimes | $13,953,488 | $14,651,163 | $15,348,837 | $16,046,512 |
Mamukelashvili signs with the Lakers: 4 years, $52 million (Shams 7/1)
| Sandro Mamukelashvili | $12,093,023 | $12,697,674 | $13,302,326 | $13,906,977 |
Utah sign-and-trades Kessler to the Lakers: 4 years, $130 million (Shams 7/1)
Lakers receive:
| Walker Kessler | $30,232,558 | $31,744,186 | $33,255,814 | $34,767,442 |
Jazz receive:
2031 and 2033 1st round picks
Right to swap 1st round picks in 2028 and 2030
Robinson signs with the Celtics: 3 years, $47.4 million (Shams 7/1)
| Mitchell Robinson | $15,044,000 | $15,796,200 | $16,548,400 |
This is the full MLE amount but for only three years instead of four in order to limit the risk due to Robinson's injury history. Boston will now be hard-capped at the First Apron that they're about $5 million away from with a full roster, which makes it unlikely that they'll be able to use the $27.68 million TPE that they have from the Anfernee Simons trade.
Carter re-signs with the Magic: 1 year, minimum contract (Shams 7/1)
Having eight years of experience, the backup guard will make just over $3.5 million with the subsidized cap hit above on the one year minimum.
Mo Wagner signs with the Nets: 2 years, $19 million (Scotto 7/1)
| Moritz Wagner | $9,366,000 | $9,834,300 |
It seems that Brooklyn really loves these type of deals that could be signed with either cap space or the Room MLE, and I guess this new, mutual option is going to be their thing after using it both here and with Ellis. Though reported as just $19 million, I'm projecting the $19.2 million of the Room MLE for now.
Conley signs with the Celtics: 1 year, likely minimum contract (Shams 7/1)
With no financials reported and after being a buyout signing following trades this past season, I'm assuming the minimum here. Having over 10 years of experience, the veteran guard would make $3,876,529 with the subsidized cap hit above on the one year minimum.
Vucevic (re-)signs with the Magic: 1 year, minimum contract (Shams 7/1)
After underwhelming following his trade deadline move to Boston, Vucevic is returning to where he first made a name for himself. Having over 10 years of experience, the veteran big man will make $3,876,529 with the subsidized cap hit above on the one year minimum, which is a far cry from the $21,481,481 he made last year. Shams added that he had more lucrative offers elsewhere, so Orlando is getting a pretty good value here, even if he is relegated to being a backup nowadays.
Hukporti signs with the 76ers: 1 year, $3.4 million (Shams 7/1)
Having only two years of experience, it looks like Philadelphia is using part of their remaining MLE to give Hukporti a little more than his minimum to lure the former late 2nd rounder away from New York, who continue to view the Second Apron as a hard cap.
Powell signs with the Bulls: 2 years, $45 million (Shams 7/1)
| Norman Powell | $21,951,220 | $23,048,780 |
It's funny that after Collins and Powell were involved in a trade together a year ago, their news comes back to back. Chicago will need to renounce all of their free agents (or sign-and-trade them before this signing becomes official) and use up pretty much the rest of their cap space to bring in the 33 year old.
Coming off of his first All-Star appearance, Powell brings a proven scoring threat on the wing and will presumably slot in next to Josh Giddey, Matas Buzelis, Caleb Wilson, and Claxton in their new look lineup. I was already thinking that this feels similar to Bruce Brown's huge balloon payment for a young Pacers team a few years ago that essentially acted like a walking Trade Exception, and KC Johnson adds that the second year here is a team option just like that situation (with Fischer making the exact same comparison).
Collins signs with the Pistons: 3 years, $51 million (Shams 7/1)
| John Collins | $16,190,476 | $17,000,000 | $17,809,524 |
This reported number is more than what could be signed with the MLE, so it looks like Detroit will be operating as a cap space team after all or working with LA on a sign-and-trade. The former would likely require waiving Duncan Robinson's $15,992,957 salary that only has $2,000,000 guaranteed and renouncing all of their free agent cap holds besides Duren's before adding Collins and then going past the cap with the Room MLE to sign Huerter.
Turning 29 in September, Collins could be a nice fit with Cunningham and Duren, if he's retained in restricted agency, now that he's regained his shooting form since leaving Atlanta. Over the past three years with Utah and LA, the veteran power forward has made 39.1% of his 3.4 threes per game while continuing to be a threat at the rim to average of 15.4 points, 7.2 rebounds, 1.3 assists, 0.8 steals, and 0.9 blocks in 28.2 minutes. His defensive rebounding rate took a surprising dip to just 15.6% last season after being 20% every year of his career before that, but that could've just been the result of playing next to other strong rebounders like Ivica Zubac and Isaiah Jackson.
Omari Sankofa II reports that only the first year is fully guaranteed in a similar fashion to Robinson's three year deal from last summer, ironically enough. That was a sign-and-trade that requires at least three years but with only the first year guaranteed, so that could be a hint as to how Detroit will be operating here.
Update: Details are still being sorted, but after Haynes reported that Robinson won't be getting cut, Fischer adds that the Clippers will participate in a sign-and-trade here to generate a Trade Exception. That means that both teams will be staying over the cap and thus have access to the MLE, with the Pistons now hard-capped at the First Apron due to the S&T. Detroit could loop this into their Stewart trade and then just take in Joe through the MLE, but we'll see how things wind up.
Smart signs with the Rockets: 2 years, "$13 million" (Shams 7/1)
| Marcus Smart | $6,064,000 | $6,367,200 |
I guess Shams is just going to take extreme liberties rounding up when the Taxpayer MLE is involved because this is almost assuredly $12,431,200 like with Kennard (and another 1+1). That is the most total dollars and years that Houston could offer without hard-capping themselves at the First Apron, which is crucial so that they don't prevent themselves from being able to possibly match a Tari Eason offer sheet in restricted free agency. They're instead capped at the Second Apron and have around $25.7 million to work with and 14 players signed, though JD Davison's non-guaranteed contract could open up a touch more room, and 2nd rounder Bruce Thornton's cheaper deal will likely take his spot.
After declining a $5,390,700 player option from a 1+1 deal on the BAE, Smart gets a raise here (especially when you consider the difference in state income tax between California and Texas) and reunites with his former Celtics coach, Ime Udoka. It's the second straight year that the Rockets poached a defensive specialist from the Lakers in free agency, and hopefully Smart has better health luck than Dorian Finney-Smith did last season. As mentioned below with the signing of Bogdanovic, who may end up playing more on the wing now and is definitely on the minimum given this news, Houston badly needed more guards with Fred VanVleet missing the entire season, and now Smart provides cover for the incumbent starter's return from a torn ACL.