The buzz around this year's NBA offseason is that the action could happen earlier than usual, so I'm just going to start my annual tracker now. This way I can list any players under contract that get traded during the draft here instead of having those in my separate post about every team's picks.
The Rockets got things started already with the first extension reached right in the middle of the Finals, so I may as well get started now! 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 teams could give. Salaries are also color coded if they are a player option, a team option, not fully guaranteed, or mutual option. Since this post will be constantly updated throughout the summer, I'll be adding the latest news at the top to be readily available upon revisiting this page. Or if you want to go in chronological order, start at the bottom.
6/30 Update: The NBA officially announced that this year's salary cap is set at $154,647,000 with the tax line at $187,895,000, which is right at the expected 10% growth from last year. That means the the full Mid-Level Exception can have a starting salary of $14,104,000 and can top out at 4 years, $60,647,200; the Taxpayer MLE can start at $5,685,000 and go to 2 years, $11,654,250; the Room MLE can start at $8,781,000 and go to 3 years, $27,660,150; and the Bi-Annual Exception can start at $5,134,000 and go to 2 years, $10,524,700. Notably, Marks reports that the salary cap is only projected to go up by 7% raises instead of the maximum of 10% like this year, which could throw a wrench into team's budgets.
Nesmith extends with the Pacers: 2 years, $40.5 million (Shams 10/20)
This is the highest raise that Nesmith was eligible for based on his current bargain salary, so he locks in some nice security a couple years ahead of free agency.
Daniels extends with the Hawks: 4 years, $100 million (Shams 10/20)
10/21 Update: Brad Rowland reports that it is a flat $25 million per year, like how Atlanta structured Jalen Johnson's $30 million each year.
Braun extends with the Nuggets: 5 years, $125 million (Shams 10/20)
Sharpe extends with the Trail Blazers: 4 years, $90 million (Shams 10/19)
Camara extends with the Trail Blazers: 4 years, $82 million (Shams 10/19)
Durant extends with the Rockets: 2 years, $90 million (Shams 10/19)
Due to the Over-38 Rule, Durant was limited to a two year deal, but he was eligible to sign for up to about $120 million. While I'm not surprised at all that he took less than his max to help the team's roster flexibility like he did with the Warriors, I didn't expect it to be this much of a haircut, even if it is only for one year due to that player option. Still, Shams reports that this now makes Durant the highest career earner in NBA history.
It's been speculated that an extension was being held up because Houston is also trying to finalize a rookie extension with Eason, and now they have a better idea of their position relative to the tax and Aprons. Assuming that VanVleet will now pick up his $25 million player option for '26-27 after his really unfortunate torn ACL during summer workouts that hurts their title odds, they project to be a little over $17 million below the tax, $26 million below the First Apron, and a little under $39 million below the Second Apron with nine players under contract.
Green extends with the Bucks: 4 years, $45 million (Shams 10/16)
Another shooter gets paid, and it's a pretty nice development story for the former undrafted player who worked his way up through a Two-Way. Having just turned 26 last month, Green is coming off of his best season in which he played 73 games and averaged 7.4 points on the basis of making 42.7% of his 5 threes in only 22.7 minutes. His per-36 numbers were even better in the smaller sample sizes of his first two years, and now he's actually one of the more tenured players in Milwaukee after their roster overhaul.
Murray extends with the Kings: 5 years, $140 million (Shams 10/15)
Although this may feel slightly higher than expected in total, going the full five years with no options keeps it at a reasonable $28 million average, with a starting salary that will likely be actually less than his cap hold would've been as a restricted free agent, $27.9 million. That may not end up being the bargain that Jabari Smith's deal could turn out to be, but it's pretty fair in comparison to the other extensions given in this draft class. Murray hasn't had the chance to spread his wings too much as a primary option and actually saw his usage go down last year, but the 25 year old contributes in a lot of other ways. 6'8" forwards who are career 37.2% 3-point shooters on a high volume (at least 5.9 attempts per game every year), can capably defend multiple positions, and rebound at a solid rate are valuable commodities. Hopefully he'll get more opportunities this season despite the mismatched roster around him that added another older, ball-dominant player today.
Westbrook signs with the Kings: 1 year, minimum contract (Shams first, Siegel details 10/15)
Jovic extends with the Heat: 4 years, $62.4 million (Shams 10/1)
I thought that the last key free agent signing his deal earlier today would mean the end of updating this tracker, but I guess there are still some rookie extensions to work out like this. Jovic hasn't been able to put it together over consistent periods of time for various reasons, but he can be valuable front court option with his versatility. The outside shooting seems legit with a 37.1% mark while increasing the attempts to 4.1 per game after making 39.9% on 3.5 before, so locking in this deal at around MLE money makes sense.
Grimes accepts the Qualifying Offer with the 76ers: 1 year, $8,7 million (Shams 10/1)
Kuminga re-signs with the Warriors: 2 years, "$48.5 million" (Shams 9/30)
Update: Shams now reports that Seth Curry is in fact signing with the Warriors now, even after his ESPN article mentioned how the team would need to wait until mid November to fill out the roster to make the math work. Maybe it's a non-guaranteed training camp deal just to have him practice for now before waiving and re-signing, or maybe Kuminga's number is actually lower than what was reported to make the agent look good (again).
2nd Update: Stein confirmed my theory that Seth is only getting a non-guaranteed camp deal to get him acclimated before being cut and re-signed. Marks also provided clarification that Kuminga's starting salary is only $22.5 million, which is the number mentioned in the actual ESPN article about the contract and in one of Siegel's tweets, and the reported "$48.5 million" is based on the Trade Kicker included. So it's really a $46.8 million pact, which means that no matter how much Shams spins it, this long holdout added around $900K more guaranteed than the much discussed $45 million offer...This lower starting salary helps provide some more breathing room under the Second Apron to give Melton the reported two years at the minimum since the prorated cap hits only apply to one year deals. His cap hit will instead count for his full salary as a seven year vet, with Siegel reporting that the second year is a player option:
Horford signs with the Warriors: "multiyear deal" (Shams 9/28)
Shams going with the all caps "BREAKING" on this was unintentionally funny considering everyone has known that this deal, along with the ones with veteran guards De'Anthony Melton and Gary Payton II coming back to Golden State (per Siegel and Shams), was basically agreed to since July. While the latter two are likely for the veteran minimum, Horford notably still lacks financial details due to the Kuminga situation still being resolved.
That's what has held up the Warriors from making any moves since they didn't want to make anything official until they knew whether they had to operate with a hard cap at one of the Aprons or not. I've been guessing that Horford is getting the Taxpayer MLE on a 1+1 deal for $11.65 million, which would trigger the Second Apron, but if Kuminga ends up taking the qualifying offer, Golden State could offer some or all of the full MLE while staying under a subsequent First Apron hard cap. I do wonder if 2nd round pick Will Richard also getting a standard deal today as opposed to a Two-Way could be a sign that they needed to sign a cheaper rookie contract like his instead of the veteran minimum in order to fit a Kuminga deal under an Apron. If these four players get the amounts that I expect, then the estranged restricted free agent could get a starting salary up to around $25 million on whatever contract structure that both sides end up agreeing to before Wednesday's QO deadline if they leave the 15th roster spot open. If cool heads prevail and they do reach a deal, keeping it to about $23 million for this season is what is needed to still sign another veteran such as rumored target Seth Curry.
9/30 Update: Scotto reports what's been expected: it's "$12 million" over two years with the second year a player option (as seemingly every Taxpayer MLE deal ends up being).
The big man may have just turned 39 this summer, but he's still very effective on both ends in limited minutes. And one skill that should age well is Horford's outside shooting that is key to have next to a non-shooter like Green. Upon his return to Boston four years ago, Horford has managed to increase his 3-point percentage to 39.2% even while also pumping up the volume to 4.5 attempts in only 28.5 minutes.
Also as an aside, everyone remembers the famous "Tobias Harris over ME?!" line, but the 76ers signing Horford in that big summer of 2019 also played a big role in Butler's departure from Philly. Now they'll be playing together in Golden State instead.
Brogdon signs with the Knicks: 1 year deal (Shams 9/11)
This will also be for the minimum like Shamet, and I believe that New York will actually need to make another move in order to even fit that under the Second Apron since they could only sign one of their 2nd rounders to the minimum as things were. As a nine-year veteran, Brogdon is set to earn $3.3 million, and although health is always the question mark with him, this is an absolute bargain for the former Sixth Man of the Year if he is able to play. Funnily enough, he won that award over Immanuel Quickly...who was on the Knicks at the time.
Now that we're fully in minimum contract-only signings, this tracker is just about done. I'll update it whenever we finally get resolution with the big restricted free agents, Kuminga and Grimes, but that'll likely be it.
Shamet re-signs with the Knicks: 1 year deal (Shams 9/11)
Giddey re-signs with the Bulls: 4 years, $100 million (Shams 9/9)
Finally, a restricted free agent gets an actual deal done. Based on previous reporting, this $25 million average looks to be right in the middle of what Giddey was hoping for and what Chicago was offering, so it's nice to see cooler heads prevail and reach an agreement that makes sense.
Thomas accepts the Qualifying Offer with the Nets: 1 year, $6 million (Shams 9/4)
With the restricted free agent market so frigid this summer, Thomas will just bide his time for this season before becoming unrestricted next year.
Washington extends with the Mavericks: 4 years, "$90 million" (Shams 9/3)
A new deal between these sides had been rumored for a little while, but going the full $88,762,435 that I believe is the most that Washington could extend for is a bit much. Dallas is almost comically invested in the front court now between trading Doncic for Davis, miraculously winning the Flagg lottery, extending Gafford, and now this extension, while also still having Lively as a core piece.
Smith to sign with the Heat: 3 years, $7.9 million (Shams first, Scotto details 8/16)
Smith has had to overcome both a torn ACL and Achilles the last couple of years but has been a nice developmental guard in the Miami machine. He was a restricted free agent coming off of his Two-Way contracts, so they were able to lock him down for the minimum amount for a player with three years of experience like him. I wouldn't be surprised if there are partial guarantees or a team option at the end given his injury history, but it appears to be some nice guaranteed money for the former undrafted 27 year old.
9/2 Update: Keith Smith reports that the latter two years are non-guaranteed with late June guaranteed dates. Having those that early in the calendar could be helpful for him getting his deals picked up.
