Players selected in the first round of the NBA draft who sign within three years are given a contract set by the Collective Bargaining Agreement – two guaranteed seasons followed by two team options. Because the team owners and veteran players who negotiate the CBA are incentivized to keep more money for themselves, rookie-scale contracts are relatively low-paying considering the talent and upside of the players on these deals. Therefore, options on rookie-scale contracts are usually exercised with little fanfare. Yesterday, was the deadline for 2018-19 options and there were a couple notable exceptions – Jahlil Okafor (76ers, No. 3 pick in 2015, would have earned $6,313,832 in 2018-19) and Mario Hezonja (Magic, No. 5 in 2015, $5,167,231). Wade Baldwin (Grizzlies, No. 18 in 2016, $1,955,160) even had his option declined before the season, in conjunction with being waived. Kevon Looney (Warriors, No. 30 in 2015, $2,227,081) and Chris McCullough (Wizards, No. 29 in 2015, $2,243,326) also had their options declined. A few other declined options came out later in the night: Josh Huestis (Thunder, No. 29 in 2014, $2,243,326) Brice Johnson (Clippers, No. 25 in 2016, $1,544,951) Rashad Vaughn (Bucks, No. 17 in 2015, $2,901,565) Huestis was drafted in 2014 but didn’t sign with the Thunder until 2015 – part of an infamous pre-draft agreement where Huestis agreed to spend his first professional season on a D-League salary with Oklahoma City’s affiliate in exchange for being drafted then signed to a rookie-scale contract the following year.
Josh Huestis, Brice Johnson, Rashad Vaughn also have team options declined
Pro Basketball Talk | Nov 1