Bobby Marks (@bobbymarks42) 's Twitter Profile
Bobby Marks

@bobbymarks42

ESPN NBA Front Office Insider |Marist College 🏈 Adopt/Don’t shopđŸ¶| SBC

ID: 27667187

calendar_today30-03-2009 16:04:39

31,31K Tweet

283,283K Followers

218 Following

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The waiver has New Orleans $1.6M above the luxury tax. The tax distribution to teams below is a projected record high $18.2M. There are 13 teams currently over the tax threshold.

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Saturday (8/31) is the last day to waive and stretch the salary of a player. The stretch provision gives a team immediate financial relief but at the cost of dead money hitting the cap in the future. Here is how the process works:

Saturday (8/31) is the last day to waive and stretch the salary of a player.

The stretch provision gives a team immediate financial relief but at the cost of dead money hitting the cap in the future.

Here is how the process works:
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Player needs to clear waivers by 5PM on 8/31 (waived by 8/29-5PM ET.) Here is another example: Memphis was $811K below the luxury tax. They used the waive and stretch provision on the $1,392,150 salary owed to Mamadi Diakite. Years left (1) multiplied by 2 plus 1 Dead cap

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Curry passes $500M+ in career earnings on the court, joining LeBron James and Kevin Durant. Because of the Over 38 rule, the 1 year extension is the maximum that Golden State could offer.

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Indiana Pacers guard T.J. McConnell has agreed on a four-year, $45 million extension, Mark Bartelstein and Andy Shiffman of Priority Sports tell ESPN. Deal takes total worth of McConnell’s contract to $54M over five years.

Indiana Pacers guard T.J. McConnell has agreed on a four-year, $45 million extension, Mark Bartelstein and Andy Shiffman of <a href="/PrioritySports/">Priority Sports</a> tell ESPN. Deal takes total worth of McConnell’s contract to $54M over five years.
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McConnell becomes the 13th player to sign a veteran extension (not super max) since the regular season ended. - Steph Curry - Lauri Markkanen - Jarrett Allen - Andrew Nembhard - Sam Hauser - Jalen Brunson - Donovan Mitchell - Derrick White - Bam Adebayo - Jonathan Isaac -

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The Grizzlies say GG Jackson broke his fifth metatarsal in his right foot earlier this week, and will be having surgery next week.

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Los Angeles Clippers C Ivica Zubac has agreed on a three-year, $58.6 million contract extension, Mike Lindeman and Jeff Schwartz of excel basketball tell ESPN. Zubac gets max available for his three seasons and now is guaranteed four years and $70M.

Los Angeles Clippers C Ivica Zubac has agreed on a three-year, $58.6 million contract extension, Mike Lindeman and Jeff Schwartz of <a href="/excelbasketball/">excel basketball</a> tell ESPN. Zubac gets max available for his three seasons and now is guaranteed four years and $70M.
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Cleveland stretched the $1.27M owed to Ricky Rubio this season over the next 3 seasons. The $424,672 cap hit this season gives Cleveland more flexibility below the luxury tax. Under the 2023 CBA, Cleveland was allowed to stretch his current cap hit prior to 8/31. Rubio was

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Here is the extension breakdown for TJ McConnell in Indiana: 25/26- $10.2M 26/27- $11M 27/28- $11.8M Note: $5M guaranteed 28/29- $11.8M (team) Note: $5M guaranteed $31.2M of the $45M extension is guaranteed.

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Free agent C Tristan Thompson is finalizing a one-year deal to return to the Cleveland Cavaliers, sources tell ESPN. Thompson has played 10 of his 13 seasons with the Cavs. President Koby Altman and Klutch CEO Rich Paul are finishing up an agreement.

Free agent C Tristan Thompson is finalizing a one-year deal to return to the Cleveland Cavaliers, sources tell ESPN. Thompson has played 10 of his 13 seasons with the Cavs. President Koby Altman and Klutch CEO Rich Paul are finishing up an agreement.
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The trend of signing players and waiving them are a common occurrence in September/October. Since 2022-23, close to 300 players signed Exhibit 10 contracts and were eventually waived. Fudge will earn a $77,500 bonus if he spends 60-days with the South Bay Lakers.