I guess it's that time of year already! I typically make this post after the NBA draft, but now that deals started pouring in over the weekend, I'm starting now and will just add draft day moves in here.
This will be constantly updated throughout the summer, so I'll be adding the latest news at the top to be readily available upon revisiting the page instead of always having to scroll down. Or in other words, it goes in chronological order from the bottom up.
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.
Landale to re-sign with the Hawks: 1 year, $14 million (Shams 6/30)
It looks like the high-end backup center market is taking shape around this price point. Because Landale had to settle for a minimum last summer after having his $8 million non-guaranteed contract waived, Atlanta only had Non-Bird Rights and will have to use the MLE here.
Williams extends with the Trail Blazers: 3 years, $44 million (Shams 6/30)
Fontecchio to re-sign with the Heat: 1 year, minimum contract (Shams 6/30)
Shams only reporting a one year deal with no financial details for a player of Fontecchio's ability is surprising after he made $8,307,692 last season. I wouldn't expect him to have to settle for a minimum, and Miami has his Bird Rights to give him as much as possible within their First Apron limits. The 30 year old provides much needed shooting after making 37.5% of his threes on 4.7 attempts in only 16.8 minutes to average 8.5 points in that limited time. Per-36 minutes that's 18.5 points and 10.1 three point attempts while also chipping in 6.5 rebounds, 3.1 assists, which is mostly in line with some of his past production even when playing more minutes. If it does end up being for the minimum, he'd be in line to make a little over $2.6 million with a $2,450,000 cap hit.
Update: Ace Miami reporter Barry Jackson says that it is, in fact, just a minimum contract, which is a steal in my eyes. The trend continues with how Shams reports these, though.
Barnes to re-sign with the Spurs: 1 year, $8 million (Shams 6/29)
Barnes lost his starting spot midway through the season, but he's still a nice veteran forward to have as depth and in the locker room. Being only a one year deal, this is a fair number for the 34 year old before they start facing tax concerns next season, as mentioned below with Champagnie.
Porzingis extends with the Warriors: 2 years, $40 million (Shams 6/29)
Barring another move that sends out other salary, bringing back Porzingis at this number means that Golden State is unlikely to be able to use the full MLE without going past the First Apron that it would trigger. A 1+1 deal like this always made sense given the soon-to-be 31 year old's unfortunate health history. This way, he gets a reasonable amount of guaranteed money with the potential to opt out next summer if he rebuilds his market value to get closer to the $30,731,707 he made this past season.
The long-time Warriors target was only to play in 34 games last season (counting the Play-In games), but 17 of them came with them after the trade, including 16 of the team's final 22 contests. Porzingis has talked about his comfort with how Dr. Rick Celebrini, their celebrated Director of Sports Medicine and Performance, manages his workload, so that was even more reason for him to take this deal. Although his outside shot was streaky during that stretch (31.1% on 4.9 attempts in just 23.7 minutes), he has a 36.4% career mark and his willingness to launch so many provides much needed spacing in a front court pairing with Draymond Green. Porzingis' ability to also get to the free throw line (5 per game and a career-high 7.5 per-36 minutes last year) also proved helpful for a Warriors team that ranked fourth-worst in free throw attempts.
Huerter to re-sign with the Pistons: 3 years, $27 million (Shams 6/29)
Huerter was underwhelming as the "big" trade deadline acquisition for the East's #1 team, and his shooting declined even further after the move. He has a 36.8% career mark from three with good volume, but he's been at 33.8% and 30.8% the past two seasons, including 29.4% in 25 games with Detroit. That makes this kind of commitment a bit surprising, but the Pistons do have the larger sample size of his first six seasons on their side. Although this doesn't necessarily signal that they won't go the cap space route since this salary could fit into the Room MLE, that would still likely require waiving Robinson's partially guaranteed contract.
Amari Williams to re-sign with the Celtics (Scotto 6/29)
No details yet, but after Boston declined his $2,150,917 team option, I'd expected a multiyear deal at the minimum. That's what they did after converting Sam Hauser's Two-Way to minimum and then re-signing with Non-Bird Rights years ago, and it's become a general process across the league in these situations.
Update: Keith Smith reports that it is simply another Two-Way contract for last year's #46 pick, so perhaps they'll continue the conversion and team option decline dance next year.
Nurkic to re-sign with the Jazz: 2 years, $22 million (Shams 6/29)
After playing on a $19,375,000 salary last season, this is much more line for Nurkic as a backup center. Utah should still have around $35 million of space under the luxury tax before re-signing restricted free agent Walker Kessler.
Champagnie to re-sign with the Spurs: 3 years, $45 million (Shams 6/29)
San Antonio had a $3 million team option on Champagnie, so they leveraged that to basically give him a 2 year, $42 million extension while spreading out the cap hits in a more favorable way. I'm projecting that they'll start it as high as possible before declining when Wembanyama's next contract kicks in next season.
If it is a standard deal that has 8% raises instead, it would look more like $13,888,889/$15,000,000/$16,111,11. Either way, it's a very nice payday for the former undrafted player who worked his way from a Two-Way contract and even a waiver claim to becoming a sharpshooting starter on a Finals team.
Shamet to re-sign with the Knicks: 4 years, $24 million (Shams 6/29)
Having been in New York for two years now, they have Early Bird Rights to give Shamet 8% raises after starting at the lowest possible salary as they continue to try to skirt the Second Apron. The 29 year old played a key role off the bench for the champs, including going 18 of 24 on threes in the second and third rounds of the playoffs, and now gets some nice security with a four year deal after playing on the minimum these past two seasons.
Memphis finally finds a team for Ja (Shams 6/29)
Trail Blazers receive: $39,521,902 total
Grizzlies receive:
Of all the potential teams to trade for Morant, Portland might have been at the very bottom considering how they already have Scoot Henderson and Jrue Holiday from last year's surprise playoff team with Damian Lillard expected back, as well. Jaylen Brown is the big name that they've been linked to, so perhaps we need to wait for the other shoe to drop to understand this stockpile of point guards.
Update: The teams have already announced the deal to make it official, which means that they're operating with this past league year's salaries. That means that Memphis will only create a Trade Exception worth the difference between Morant's $39,446,090 and the combined total of $35,132,101 coming back, so $4,313,989.
Fischer also added that the Grizzlies sent $1 million as part of the deal, presumably to help cover the difference in salaries. The jokes about how cheap the new Blazers owner, Tom Dundon, is just write themselves.
Sacramento beings it's tax crunch (Shams 6/29)
Hawks receive:
Kings receive:
TBD, likely old draft rights, a fake, top-55 protected 2nd, or the minimal cash considerations
Carter was a lottery pick just two years ago that Sacramento seemed to sour on almost immediately, and now they have to use one of their few 2nd rounders (Fischer reports it's the furthest out possible, 2033) to get off of him as they work to get out of the luxury tax. Cutting DeMar DeRozan's partially guaranteed salary would now safely get them there after this deal, which creates a Trade Exception worth Carter's salary.
Atlanta has a $6,700,000 TPE from the Clint Capela sign-and-trade that is set to expire on July 6th, so that will almost surely be used here. They had some nice flexibility under the tax line to make this type of move, and now they get draft capital to take a look at a 24 year old guard who could provide some backup minutes for them while their rookie, Kingston Flemings, develops.
Bryant to re-sign with the Cavaliers: one year deal (Shams 6/29)