Jun 13, 2014, 6:44 PM EDT
Most contract options must be decided by June 30, but teams and players can negotiate earlier dates. For example, Carmelo Anthony faces a June 23 deadline to exercise his early termination option (which he says he’ll do).
Another player with an earlier-than-usual option date: Tim Duncan.
San Antonio Spurs star Tim Duncan has until June 24 to notify the team whether he intends to pick up his $10.3 million player option for next season, according to sources familiar with the terms of the contract.
The date still can be moved closer to July 1, sources said, if both parties agree to do so
sources say the Spurs, to this point, are quietly operating under the assumption that Duncan and Popovich will indeed be back next season
The reliable ShamSports.com lists Duncan’s 2014-15 option at $10 million, but as the site accurately notes, the NBA prohibits option-year salaries from decreasing from the prior season. Duncan made $10,361,446 this season.
The NBA ratified Duncan’s contract, anyway. Maybe the league has to just let that stand, or maybe it can force the Spurs to raise Duncan’s option-year salary to equal his 2013-14 salary. It’s unclear.
Anyway, I doubt less than $400,000 makes a difference.
At or near $10 million is a pretty fair salary for Duncan at this point, and he if wants to return, he could just opt in. Or maybe he’d opt out to re-sign for less, giving San Antonio room to sign an impact free agent.
However, this option has little to do with whether Duncan returns. He could easily opt in and then retire later in the offseason, walking away from his guaranteed salary. The option, related to retirement, matters only if Duncan decides to extend the Spurs the courtesy of informing them on his future before opting in. Opting out would give him no more or less flexibility to retire.
Tony Parker and Manu Ginobili are under contract through next season. (As are Kawhi Leonard, Danny Green, Tiago Splitter, Marco Belinelli and Cory Joseph). I suspect everyone will come back for one more run.
Duncan could either opt in or opt out, but if he does the latter, plenty of doors remain open for him to return. It’s just one step in the process.
Jul 2, 2015, 10:34 PM EDT
Sacramento needs to overpay much more than that to lure free agents.
Jul 2, 2015, 9:22 PM EDT
Lopez is solid, and New York and L.A. need talent after striking out with the big names thus far.
Report: Damian Lillard planning L.A. visit to try to convince LaMarcus Aldridge to re-sign with Blazers
Jul 2, 2015, 8:21 PM EDT
Interesting wrinkle to the Aldridge free agency saga.
Jul 2, 2015, 7:07 PM EDT
The Wizards will only give up a future second-rounder.
Jul 2, 2015, 6:55 PM EDT
Butler just signed a five-year deal to stay in Chicago.
Jul 2, 2015, 6:30 PM EDT
Toronto makes the list with DeMarre Carroll.
Jul 2, 2015, 6:08 PM EDT
Report: Mavericks and Pacers will discuss Monta Ellis/Roy Hibbert sign-and-trade if Mavs don’t get DeAndre Jordan
Jul 2, 2015, 5:24 PM EDT
The Pacers have been shopping Hibbert for a while.
Jul 2, 2015, 4:38 PM EDT
Aldridge doesn’t want to play center.
Jul 2, 2015, 4:37 PM EDT
It would take an unlikely sign-and-trade to make it happen.
Jul 2, 2015, 4:26 PM EDT
They want to “get it right.”
Jul 2, 2015, 4:25 PM EDT
Also, who got overpaid so far?
Jul 2, 2015, 3:49 PM EDT
Phoenix is clearing cap space to land LaMarcus Aldridge.
Jul 2, 2015, 3:11 PM EDT
Thompson and Cleveland were reportedly nearing $80 million-plus deal yesterday
Jul 2, 2015, 2:49 PM EDT
More writing on the wall of LaMarcus Aldridge’s exit
Jul 2, 2015, 2:06 PM EDT
Now, can the Spurs get LaMarcus Aldridge to complement him?
Jul 2, 2015, 1:45 PM EDT
Baynes will reportedly get three-year deal with player option
Jul 2, 2015, 1:23 PM EDT
Indiana shouldn’t feel good about this, even if it was their best option at this point
Jul 2, 2015, 12:29 PM EDT
Monroe agreed to a three-year max contract with Bucks
Jul 2, 2015, 11:51 AM EDT
Atlanta drafted Tavares in 2014
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- PBT Podcast: Talking best signings of free agency so far 0
- Report: Pacers agree to four-year, $44 million contract with Monta Ellis 22
- Report: Greg Monroe signing a maximum contract with Bucks 56
- Lakers, Knicks struggle on hectic first day of free agency 64
- Trail Blazers assistant coach: ‘We didn’t publicize it, but we lost LaMarcus Aldridge’ 9
- Who is left on the board after wild first day of NBA free agency? 31