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Keith Smith, reporting for Spotrac, tweeted out details of the Nets two most recent signings: Patty Mills and DeAndre Bembry and both have some interesting wrinkles: the Mills contract has a second year option and Bembry is not full guaranteed...
Patty Mills contract includes a player option for 2022-23. He got the full Taxpayer MLE from the Nets:
— Keith Smith (@KeithSmithNBA) August 10, 2021
21-22: $5,890,000
22-23: $6,184,500
Both years are fully guaranteed.@spotrac
DeAndre' Bembry got some guaranteed money from the Brooklyn Nets in his one-year veteran minimum deal. Bembry's contract is guaranteed for $750,000, increasing to $1.25M on December 15. Fully guaranteed on the league-wide date of January 10, 2022.@spotrac
— Keith Smith (@KeithSmithNBA) August 10, 2021
Neither will affect the Nets cap situation or luxury tax situation. They’re well beyond both the cap and tax threshold. But the Bembry contract does give Sean Marks a bit of flexibility.
Fran Fraschilla of ESPN, a big fan of David Duke Jr., confirmed the undrafted Providence product has an Exhibit 10 contract, which allows a player to participate in an NBA training camp while also allowing the team to control the players G-League rights...
Like like this guy. @BrooklynNets have given him an Exhibit 10 deal. I believe he will grind way into league. Saw him vs. @TCUBasketball in December. https://t.co/lS6ztHHgZL
— Fran Fraschilla (@franfraschilla) August 11, 2021
Smith and Mike Scotto of Hoopshype also offered details on Spencer Dinwiddie’s deal with the Wizards. Although advertised as a three-year, $60 million contract, Dinwiddie will have to hit some marks for him to get the full amount...
Spencer Dinwiddie's contract with the Washington Wizards includes some unlikely bonuses and partially guaranteed year:
— Keith Smith (@KeithSmithNBA) August 8, 2021
21-22: $17,142,857
22-23: $18,000,000
23-24: $18,857,143
Final season is partially guaranteed at $10,000,000.@spotrac
So what are the options? One is health-related. Dinwiddie of course missed all but three games last season with a torn ACL...
Sources: Spencer Dinwiddie’s three-year, $62 million contract with the Wizards has several bonuses each season, @hoopshype has learned.
— Michael Scotto (@MikeAScotto) August 9, 2021
$1.5 million if he plays 50+ games
$571K if team makes ECF
$400K if team makes NBA Finals
$100K if team makes 2nd round
$1 if team wins title
Dinwiddie says if the Wizards win the chip, he wants to be paid that bonus in 100 pennies.