Connect with us

NBA

NBA Sunday: What The Gary Harris Contract Tells Us About Tim Hardaway’s Deal

Is Tim Hardaway, Jr. overpaid? After Gary Harris signed with the Nuggets, Moke Hamilton thinks it’s worth discussing.

Moke Hamilton

Published

on

Now more than ever, it pays to be a member of the NBA’s middle class.

Gary Harris of the Denver Nuggets recently became the latest example when it was learned that he and the Nuggets had negotiated a four-year, $84 million contract extension for him to remain with the team through the 2021-2022 season.

By nature of the collective bargaining agreement that governs the league’s economics, rookie salaries are fixed. On the other end of the spectrum are players like LeBron James, Stephen Curry and Russell Westbrook. The fact that an individual maximum player salary ensures that there’s a ceiling on how much transcendent players can earn funnels money into the NBA’s middle class of players. The main reason for that is a little-discussed rule of the collective bargaining agreement that mandates that each team spend 90 percent of the league’s salary cap on its payroll.

In other words, the $99 million salary cap for the 2017-18 season means that, by rule, each team must spend $89 million on payroll for this coming season.

Indeed, it pays to be Gary Harris, just like it paid to be Tim Hardaway, Jr.

* * * * * *

As a rookie, Hardaway certainly had his high moments as a member of the Knicks. For whatever reason, though, the Phil Jackson-led front office decided that Jerian Grant was a better fit for the club and opted to move Hardaway to the Atlanta Hawks in a draft night deal that brought Grant to New York.

After spending his first two seasons in New York, Hardaway appeared to have grown appreciably in Atlanta. His game was marked by discipline and consistency and last season, he put up career-high per-game numbers across the board: 14.5 points, 2.8 rebounds and 2.3 assists on 45.5 percent shooting from the field. At just 25 years old, it appeared that Hardaway was on his way to accomplish greater things as a starting shooting guard in the league.

Eventually, the Knicks would sign Hardaway to a four-year, $71 million offer sheet that the Hawks opted to not match. He had become an important part of their team, but with front office changes, the trading of Dwight Howard and the front office’s refusal to meet All-Star Paul Millsap’s asking price, it was obvious that the Hawks were starting over.

Generally, there were two schools of thought as it related to Hardaway’s contract. Some called it the worst contract of the NBA offseason, while others felt that the deal was par for the course in what has become the NBA’s new economic era of $30-$40 million annual salaries.

If one were to look at things in the simplest of terms and without context, the following seems to make perfect sense: Player A is a 23-year-old guard coming off of his third pro season. He averaged 14.9 points, 3.1 rebounds and 2.9 assists on a team that failed to qualify for the playoffs, but one that has shown tremendous promise for the near future. He looked impressive in all 56 of his starts and shot a remarkable 42 percent from the three-point line.

Player B is 24-year-old shooting guard who has just completed his fourth year in the league. He has proven to be versatile and durable and is coming off of a year in which he averaged 13.8 points, 3.3 rebounds and 2.5 assists. He shot just 39.9 percent from the field, but 35 percent from the three-point line. He is considered to be a standout defender at his position.

Player C is a 25-year-old shooting guard who is coming off of a career-best season and played a major role in his team qualifying for the playoffs. He has made strides defensively and has had a few clutch moments where he has thrived. His 14.5 points, 2.8 rebounds and 2.3 assists per game were much-needed in his team’s quest to qualify for the playoffs. And of the three, he’s the only one that can boast being on a postseason team.

On paper, and without context, each of the three players appear remarkably similar.

Player A is Gary Harris. Player B is Kentavious Caldwell-Pope and Player C is Tim Hardaway, Jr.

While Harris and Hardaway each signed four-year deals, it should be noted that Harris’ begins next season, as this coming season is the final year of his rookie scale contract. He will earn $2.55 million this year before receiving his huge payday. It should also be noted that Harris’ contract is guaranteed for $74 million, with $10 million in incentives. NBA contracts contain what are referred to as “likely” and “unlikely” incentives. Let’s assume that Harris is able to earn half of the incentives, making his final contract worth $79 million, as opposed to the full $84 million.

In terms of their annual salary, Caldwell-Pope (“Player B”) will earn $20 million on average and Harris will earn $19.75 million while Hardaway will average $17.75 million.

Comparing the salaries of these three young shooting guards against the salaries of some of their predecessors isn’t necessarily an apples-to-apples comparison since guards that entered the league before didn’t enjoy the timely free agency as the salary cap spiked.

On paper, it’s easy to see why those that support the Hardaway signing and contract feel that, especially when compared to other players that appear to be somewhat comparable in talent, his deal represented fair market value. In this day and age, a starting-caliber shooting guard’s market price is between $15 million and $20 million per year.

While it’s easy to see this perspective, though, all things need to be taken in context, and that’s where those that opposed Hardaway’s signing get credence to their argument.

* * * * * *

Most front office executives would agree that a player’s salary isn’t as important as the amount of years that are committed to him. In the case of Caldwell-Pope, while he will earn $20 million this coming season, he is only under contract for this coming season. Therefore, as the Lakers look toward next season’s free agency class to jumpstart life after Kobe Bryant, he will have no impact on their ability to spend. With a four-year commitment to Hardaway, the Knicks can’t say the same.

With respect to Harris, although the Nuggets didn’t qualify for the playoffs last season, they won 40 games and finished just one game behind the Portland Trail Blazers for the eighth seed. Harris was a major part of that, but more importantly, he wasn’t re-signed by the team with any sort of belief that he would be the alpha. That designation rightfully belongs to one of the most gifted big men we have seen in quite some time, Nikola Jokic. Jokic was rejuvenated with the February trade of Jusuf Nurkic. It cleared space in the front court and allowed him to be the team’s featured player.

Harris was re-signed to serve as a secondary player to Jokic—a player who has shown early signs of being truly special.

Conversely, in New York, Hardaway was signed to a team that knew it was trading Carmelo Anthony and one that should have been trying its best to divest itself of all big money contracts in preparation for a multiyear rebuild.

Rather than adding Hardaway for four years and about $18 million per year, the Knicks could have been better served by looking for ways to clear money off of their books and use any available money under the cap to absorb unwanted contracts from other teams and help to facilitate trades. The Philadelphia 76ers made a habit of doing that under Sam Hinkie and often walked away from trades with a future draft pick to show. Meanwhile, in Brooklyn, this past offseason, general manager Sean Marks was able to absorb the contracts of both Allen Crabbe and DeMarre Carroll because the Blazers and Raptors each desperately needed to trim their payroll.

It would have been wise for the Knicks to operate in the same manner, especially since few believe that Hardaway is capable of being the difference between the Knicks being a team that merely fights for the playoffs, as opposed to one that has a chance to be a contender.

Both viewpoints are reasonable. The fairest conclusion to draw would probably be that Hardaway’s four-year, $71 million contract isn’t a bad contract, per se. In context, it just happened to be a bad contract for the Knicks.

* * * * * *

In the end, Hardaway will have every opportunity to live up to the expectations that his contract yield. As the Knicks embark on their long rebuild, the team will rely upon the draft and a few wise free agent signings to bring them back to respectability.

Whether you love the Hardaway contract or hate it, from a monetary standpoint, it represents fair value.

Gary Harris and the Nuggets just helped to reinforce that point.

Moke Hamilton is a Deputy Editor and Columnist for Basketball Insiders.

Advertisement




Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

NBA

NBA AM: Is It Smart To Bet On Yourself In This Market?

Many extension-eligible players opted to bet on themselves and a questionable free agent marketplace next summer.

Steve Kyler

Published

on

No Big Surprises On Draft Extensions

The big news yesterday wasn’t a new extension for a 2014 first round draft pick, it was the news that the San Antonio Spurs reached a three-year, $72 million extension with veteran LaMarcus Aldridge.

The news was surprising for a couple of reasons. The biggest being the Spurs had shopped Aldridge in trade scenarios this offseason under the idea that he was a problematic fit for the Spurs.

Ultimately, Aldridge and the Spurs ended up in the same place on his deal. The Spurs were not going to be big free agent players and locking Aldridge in now gives them some security as well as trade leverage later. In Aldridge’s case, his camp saw the marketplace this past summer and all of the mouths that need to be fed in July and realized he wasn’t likely getting more money on the open market come free agency.

One of the things the Spurs found out was that trading a player with a player option is not an easy task as teams that would give up value want to know what comes next, either way. Over the past few years, player options have become almost toxic in trade, mainly because there are two classes of trade partners, one that wants the ending contract and a player for a stretch run in the postseason and teams that want the player for next season. The options make valuing the player sticky at best.

In doing a deal for Aldridge, the Spurs basically lock him into their roster for this season but give themselves a trade chip next summer, if they need it. This was smart for both sides. The Spurs locked in the player and the trade asset, Aldridge locked in money he likely wouldn’t have gotten in the open market.

For those players drafted in the first round of the 2014 NBA Draft, yesterday closed the window on the “Early Extension Period.” While there were talks all the way to the wire on several players, the bulk of the deals that didn’t get done didn’t get close enough to seal the deal.

The Boston Celtics and Marcus Smart frequently talked about an extension, and his camp labeled the talks as getting “close” but ultimately, future luxury tax concerns killed a possible deal before the extension deadline, meaning Smart will hit free agency in July.

The Celtics will have a couple of months to see if Smart continues to evolve before they have to make decisions, and they now know what a deal would take for Smart to sign outright. Given the Celtics tax concerns, there is a window for a team with cap space to poach him in July if they come with the right kind of offer sheet. While the Celtics can obtain the right to match Smart with a $6.53 million qualifying offer, the tax issues won’t go away without a cap dump of a trade. Equally, the Celtics roster is loaded with point guards, so the C’s have the luxury of seeing what unfolds in the next three months before the February 8 trade deadline.

The Orlando Magic and their pair of 2014 draftees, Aaron Gordon and Elfird Payton, talked about extensions, mostly out of courtesy. The Magic would have done deals if it favored the team, but the new front office in Orlando has been open and honest that they are still very much in evaluation mode on the roster and were not going to pay a premium at this point.

The Magic’s reluctance to do a deal wasn’t about valuing either player as both are said to have been very good so far, this preseason. The Magic don’t have a clear-cut direction yet and inking a long-term deal with either would have been counter to their goal of flexibility. Equally, the Magic also know that both players are unlikely to get huge free agent offers unless they blossom this season, which would make matching an easier decision after seeing how they play this season.

Neither player entered the process expecting to reach a deal, so there is no ill-will about not getting an extension. Both players have said publicly and privately they knew they had to earn their next deal and came into camp with that mindset.

The Utah Jazz and guard Rodney Hood engaged on an extension most of the summer. The Jazz are very committed to Hood, but would not commit to a deal at this point for a bunch of reasons, the biggest being they don’t really know what the team is yet. Hood is going to get a big opportunity this year, and the Jazz want to see if he can handle the increased load and stay healthy. Injuries have ravaged the Jazz lately, and they were reluctant to lock in a big number to a player that hasn’t been durable.

Of the bunch, Hood is the most likely to get a deal without the restricted free agent offer sheet process next summer—the Jazz may simply pony up and pay him if he can fill the void they hope he can for the team.

The Milwaukee Bucks and injured forward Jabari Parker did talk about an extension despite him having torn his ACL for the second time. The Bucks looked at the idea of locking Parker in at a value, but ultimately, neither side got close enough for it to be realistic. Parker is expected to return to action sometime in February, meaning he may log enough games for a big deal in July to be realistic, especially if the Bucks are as good as they project to be this year and land home court in the postseason.

The big hurdle for all of the players that did not get an extension is that the free agent marketplace in July does not project to be as robust as it was even last year. A number of agents urged their clients to take the security of money on the table this summer, and many players opted to bet on themselves, which always sounds like a great idea until the reality of restricted free agency sets in.

Nerlens Noel and JaMychal Green were both causalities of a shrinking marketplace this past summer. It will be interesting to see if some of the players that got close this week get less in the open market in July.

More Twitter: Make sure you are following all of our guys on Twitter to ensure you are getting the very latest from our team: @stevekylerNBA, @MikeAScotto, @LangGreene, @EricPincus, @joelbrigham, @TommyBeer, @MokeHamilton@jblancartenba, @Ben_Dowsett, @SpinDavies, @BuddyGrizzard, @JamesB_NBA, @DennisChambers_ and @Ben__Nadeau.

Continue Reading

NBA

NBA PM: Hornets Rookies May Become Key Contributors

Some key injuries may force Charlotte’s rookies into becoming effective role players earlier than expected, writes James Blancarte.

James Blancarte

Published

on

As the NBA finally gets underway tomorrow evening, the 2017 rookie draft class will get their first taste of regular season action. Teams reliant on young rookie talent might produce an exciting brand of basketball but that rarely translates into a winning formula. Having rookies play a key role for a team hoping to make the playoffs can be a risky endeavor.

Out West, the Los Angeles Lakers are relying on both Lonzo Ball as well as Kyle Kuzma, who may have worked his way into the rotation with his surprising preseason play. However, the Lakers are, at this point, not realistic contenders in the competitive Western Conference. In the East, the Philadelphia 76ers have more realistic playoff hopes. The team is relying on this year’s top overall draft pick, Markelle Fultz, and 2016’s top pick, Ben Simmons, for meaningful production. Although Simmons has been in the league for over a year, he is still classified as a rookie for this season since he didn’t play last season.

The Charlotte Hornets are looking to return to the playoffs after narrowly missing the cut this past season. The team will likely feature not one, but two true rookies as a part of their regular rotation. Like the Lakers, the Hornets feature a highly touted rookie with the talent and poise to contribute right away in Malik Monk. The team also features Dwayne Bacon, a rookie that has flashed scoring potential as well as maturity — key attributes that will allow him to quickly contribute to the team.

Both players will be given the opportunity to contribute as a result of the unfortunate and untimely injury to forward Nicolas Batum. Batum tore a ligament in his left elbow in an October 4 preseason game against the Detroit Pistons. Initial speculation was that the injury would require surgery. However, it was announced on October 10 that surgery would not be necessary, and that he is projected to return in six to eight weeks. Assuming that there are no setbacks in Batum’s recovery, the Hornets will be looking to replace his perimeter scoring, playmaking abilities and perimeter defense. Enter Monk and Bacon.

Monk and Bacon have both shown the ability to score the ball, which is not exactly a common trait in Hornets rookies. Bacon, the 40th pick in the 2017 NBA draft, has made it a point to look for his shot from the outside, averaging 7.8 three-point shots per game while knocking down 33.3 percent of his attempts. As Bacon gains more experience, he presumably will learn how to get cleaner looks at the basket within the flow of the team’s offense. Doing so should help him increase his shooting percentage from beyond the arc, which would turn him into an even more effective contributor for Charlotte.

Bacon spoke to reporters after a recent preseason game against the Boston Celtics. Bacon was placed in the starting lineup and went 4-4 from three-point range in 34 minutes of action.

When asked what are some of the things he wanted to work on, Bacon focused on one end of the court in particular.

“Definitely defense. I’m trying to perfect the defensive side, I want to be one of the best two-way players to ever play the game,” Bacon stated. “I feel like I got the offensive side so just keep getting better on defense, I’ll be fine.”

Lack of consistency and defense are key factors that prevent many rookies from playing and being successful on winning teams right away. Based on Bacon’s size (6-foot-6, 221 pounds with a long wingspan) and physicality, he has the physical tools necessary to play passable defense. Combine that with his ability to score (he led the team in scoring in three of its five preseason games) and the unfortunate injury to Batum, it’s apparent that Bacon will get an opportunity to make the rotation and contribute.

Reliable two-way players on the wing are crucially important, but are not always readily available and are even less common on cheap contracts. The Los Angeles Clippers went through the entire Chris Paul/Blake Griffin era swapping small forwards on a nearly annual basis, struggling to find this kind of contribution from the wing. With little cap flexibility, the Clippers were unable to acquire a forward that could effectively and consistently play both end of the court, which caused issues over the years. As a second round pick, Bacon is set to make $815,615 in his first year. If Bacon is able to contribute at even a league average level, that will be a major boost for the shorthanded Hornets. Bacon is smart to focus on improving as a defender as Steve Clifford is a defensive-minded coach who will leave talented players on the bench if they aren’t making a positive impact on the defensive end of the court.

In fact, Clifford offered some strong simultaneous praise and criticism of Monk when it came to his scoring and defense.

“He can score, he can score, he can score [speaking of Monk],” Clifford stated. “I think his defense will come because he’s willing, he’s a good guy. I think that being a good player is very important to him.”

It’s apparent in Clifford’s comment that he values scoring, but that defense is also extremely important and essential to any player that wants to be a “good player.”

“He knows and understands that the way he has played in the past [in college], he can’t play in this league if he wants to be a good player,” Clifford said about Monk. “The big thing is, I told him, when people say, ‘he’s a talented offensive player’ that is a lot different than somebody saying, ‘he’s a talented NBA player.’”

Point guard Michael Carter-Williams also suffered an injury (bone bruise in his left knee), which received less attention than Batum’s injury. While Carter-Williams is not the same caliber of player as Batum, the Hornets are alarmingly thing at backup point guard. Without Carter-Williams, the team was going to lean on Batum to act as a playmaker more than he has in the past, which would have, at least in part, addressed the lack of an established backup point guard. But with Batum sidelined, Coach Clifford has given Monk time at the point guard position. If Monk proves capable of playing both guard positions and playing alongside Walker, that could go a long way towards mitigating the loss of Batum and Carter-Williams. It’s not reasonable to expect Monk (or Bacon) to produce as consistently as a seasoned veteran, but having them contribute at a league average level would constitute a big win for a Charlotte team with serious playoff aspirations.

Continue Reading

NBA

Teams Refuse To Back Down To Stacked Warriors

Golden State got better over the summer, but that didn’t stop others from trying to stop them from repeating as champions

Spencer Davies

Published

on

Opening week is finally upon us.

Appropriately enough, the new-look Cleveland Cavaliers and Boston Celtics will kick off the 2017-18 NBA season tomorrow night, as will the defending champion Golden State Warriors when they host the improved Houston Rockets.

The clear-cut favorites to win the league title are the ones who have done so two out of the past three years, and rightfully so. Warriors general manager Bob Myers has done a masterful job of assembling a juggernaut. They’ve kept their insanely talented core intact and—aside from Ian Clark and Matt Barnes—haven’t lost any of their key bench pieces to free agency.

In fact, Golden State has added to that dangerous second unit. Jordan Bell was bought from the Chicago Bulls and will bring another Draymond Green-esque impact almost immediately. Nick Young and Omri Casspi were brought in to fill the void of backup wings, which is an improvement at the position anyway. With the same roster as last year and better reserves to give the starters a breather, there’s no reason Steve Kerr and company can’t repeat if they stay healthy.

Knowing what the Warriors are capable of and how well they are set up to truly be a dynasty, there are some league executives out there who are hesitant to make significant moves that could potentially flop against such a powerhouse.

ESPN’s Zach Lowe reported back in middle June that select teams don’t want to risk a big play because of it. What that basically translates into is: We’re throwing in the white towel until that ball club disbands.

But luckily for fans and for parity’s sake, there was a handful of general managers that refused to take that path. Just looking down the list in the Western Conference, there were organizations that swung for the fences this summer.

The aforementioned Rockets are one of them.Daryl Morey pieced together multiple trades to allow him to land Chris Paul to play next to James Harden and form a dynamic backcourt tandem. Houston also signed a pair of veteran two-way players in Luc Mbah a Moute and P.J. Tucker to provide depth and defense.

What about the Oklahoma City Thunder? Just when we thought Russell Westbrook’s MVP season was enough to maybe build off, the unthinkable happened. Sam Presti unloaded Victor Oladipo and Domantas Sabonis to Indiana after just one season with the team to add All-Star forward Paul George, who is in a contract year.

That blockbuster move was followed up with another two months later, as Presti decided to deal fan favorite Enes Kanter and Doug McDermott to the Knicks in exchange for Carmelo Anthony. The creation of a Westbrook-George-Anthony big three forms an elite trio that is determined to prove championship worthiness.

Top tier Eastern Conference counterparts did their due diligence as well. The Cavaliers and Celtics are essentially rivals and became trade partners in an attempt to re-tool their respective rosters, in addition to gaining important pieces outside of that.

Boston inked Gordon Hayward to a maximum contract to create a bolstered starting unit alongside Isaiah Thomas, Avery Bradley, and Al Horford until madness happened.

Firstly, Bradley got moved in a swap with the Detroit Pistons for Marcus Morris to address the hole at power forward. After that—with reports of Kyrie Irving’s unhappiness in Cleveland swirling around the basketball universe—Celtics general manager Danny Ainge acted immediately and swung a deal for the All-Star point guard in exchange for his All-Star point guard, a vital member of his team in Jae Crowder and the coveted Brooklyn Nets first-round pick.

It’s almost a brand new squad, but Brad Stevens has a versatile group to work with to try and finally dethrone the conference champions of the last three years.

As for the East’s cream of the crop, the Cavaliers moves are well known because wherever LeBron James goes the spotlight follows. Thomas and Crowder were huge gets for first-time general manager Koby Altman, especially after the outside growing doubt in the franchise’s front office. The rookie executive was also instrumental in signing Derrick Rose, Jeff Green, and Dwyane Wade to veteran minimum contracts.

Rose and Green have plenty of motivation because their critics think they’re washed up, meaning Tyronn Lue won’t have to give them a reason to play their hearts out. Wade simply made the decision to come to Cleveland because he can play with his best friend and potentially add to his collection of championship rings.

Ante Zizic, Cedi Osman, and Jose Calderon are also now a part of the roster that all-of-a-sudden is now deep at almost every position. It’s a new flavor for a team that may have only one year left to compete for a title with James’ pending free agency next summer.

Those four teams feel great about their chances to get in the way of the Warriors. It doesn’t stop there though. The West in general loaded up.

The Minnesota Timberwolves executed the first big move of the year when they traded for Jimmy Butler. The Denver Nuggets signed Paul Millsap to provide leadership and a veteran voice in a young locker room full of talent. The San Antonio Spurs lost Jonathan Simmons but brought in a very capable Rudy Gay under-the-radar as Kawhi Leonard’s backup.

Nobody expected the league to completely fold and hand Golden State another championship, but it was surprising (and relieving) to see so many teams have the fortitude to pull off the moves that they did. There was definitely risk involved for some of them, however, one thing is for certain.

The Warriors will not have a cakewalk to the NBA Finals. They will have to go through a rigorous set of teams in the West throughout the regular season and the playoffs.

If any team is up to the task, it’s Golden State. But we’ll see how it plays out starting about 24 hours from now.

See you at tip-off.

Continue Reading
Advertisement
Advertisement

Trending Now