Business
June 19, 2024-by markdeeks
By markdeeks | June 19, 2024
Close. Very close. But not quite.
Successfully taking a chance on restarting Kyrie Irving’s career opened up a title window for the Dallas Mavericks, who rode the combination of his rejuvenation and the continued brilliance of Luka Doncic all the way to the 2024 NBA Finals. And had Luka been entirely fit, perhaps they could have put up more of a challenge. As it is, a Game 5 loss to the Boston Celtics on Monday night saw the Mavericks have to settle for a Western Conference title, and status as best of the rest.
Aside from one Game 4 blowout, the gap between the Celtics and Mavericks was apparent during the Finals. As excellent as Dallas’s front two offensive players are, there is a big gap to the third, and bench contributions also dried up as the playoffs went along. Nonetheless, with almost everyone that matters under some measure of team control, and some promising young pieces (in particular Dereck Lively) that will offer internal growth in the coming season, the Mavericks are well placed this offseason to try and bridge that gap.
With this in mind, here follows a look at the Dallas Mavericks’ roster and spending heading into the 2024 NBA offseason.
State of the roster and offseason options
The Mavericks will only have four free agents this summer, two of whom (Greg Brown and Brandon Williams) are two-way contract players. Of their playing rotation, only Derrick Jones Jr is hitting the market, along with Markieff Morris at the end of the veteran bench.
The upshot of all this is that, with so little salary expiring, the incumbent payroll is expensive. Doncic ($43,031,940) and Irving ($41,000,000) take up $84 million between them, or almost 60 percent of the salary cap, and once the five other eight-figure annual salaries owed to Tim Hardaway Jr ($16.193.183), PJ Washington ($15,500,000), Daniel Gafford ($13,394,160), Josh Green ($12,654,321) and Maxi Kleber ($11,000,000) are included, that is all the salary cap gone.
How the CBA affects them
However, while expensive, this roster is not prohibitively expensive. The apron thresholds, and the punitive impacts that come with surpassing them, are not as imminent of dangers as they are with some other teams – for example, the Phoenix Suns – and the salary of Hardaway in particular is not something they will feel tied to.
Furthermore, although the hefty luxury tax bills of the early days of the Mark Cuban era are a thing of the past, the Mavericks are still one of the largest luxury tax-paying teams of all time. The money is there for when the time is right, and an NBA Finals berth coinciding with the prime years of Doncic should alleviate any doubt that the time is now. The Mavericks can use their exceptions and tweak the roster without having to shed anything of substance, and even have a small amount of draft capital they can still use.
Free agent: Derrick Jones
- Unrestricted free agent
Playing last season on a one-year minimum salary contract, Jones was an absolute bargain. He has been one of the best role-playing forwards in the league, averaging 8.6 points and 3.3 rebounds per game in the regular season, and if the basic stats do not stand out, perhaps the 3.1 win shares speak to his value as an athlete, finisher, slasher, versatile defender and improved shooter.
The perennial problem with bargains, of course, is that they do not last. Jones now enters unrestricted free agency, and, due to having only been with the Mavericks one season after leaving the Chicago Bulls as a free agent, they have only non-Bird rights on him. That will not be enough for a player who has played his way into MLE contention.
That said, already aged 27 and still a below-average shooter in an off-ball role that would normally mandate being an above-average one, anything beyond that would be ambitious for a player available for so cheap just 12 months ago. Jones is good at what he does, but he is not a Bruce Brown-esque role player, and suggestions that he should approach the $20 million per annum salary range – or even surpass it – seem far-fetched. The MLE seems suitably mutually beneficial.
Free agent: Markieff Morris
- Unrestricted free agent
The Mavericks brought Morris back on a minimum-salary contract last summer, after initially acquiring him as an ancillary part of the Irving trade with the Brooklyn Nets. Changing their mind on the $12 million JaVale McGee contract after one month and zero games, they instead gave Morris a mere $200,000 guaranteed to play the veteran bench big man depth role, and he was solid enough if unremarkable.
Turning 35 before the start of next season, the twilight of Markieff’s career on the court mostly involves spot-up shooting, hitting 35.7 percent during the regular season on the three-point attempts that now make up two-thirds of his shot profile. But even if it is only for another partially guaranteed minimum, there is some value to be had in that still.
Extension planning: Luka Doncic
- Extension-eligible in both 2024 and 2025
Despite still being under contract until 2027 – albeit with a player option in his final season – Doncic is eligible next summer for a further extension, as it will be under two years until his previous one expires. At that time, he signed a “supermax” rookie extension. Now, he is eligible for a “supermax” veteran extension as well, which could be the largest deal in history.
Having signed the supermax rookie deal and been named to the All-NBA 1st team in both 2023 and 2024, Doncic becomes eligible for the higher maximum salary offered in a “supermax” deal. Players with between seven and nine years of experience are usually capped in the first year of a maximum salary contract at only 30 percent of the salary cap, but those meeting the “supermax” criteria – which two All-NBA Team appearances satisfies – can start at 35 percent instead.
The fact that this deal cannot be signed until next summer is not really relevant to this summer, as everything will need budgeting for now. If he does not want to wait to sign a supermax extension, Doncic can sign an extension this summer, one that is capped at a 30 percent starting salary. But it seems unnecessary for him to wait.
Extension candidate: Jaden Hardy
- Extension-eligible after July 6
In his two years since being drafted 37th overall, Hardy has played his way into a regular spot in the Mavericks’ rotation. He averaged 7.3 points per game in that role in the 2023-24 regular season, and although his production and efficiency all underwent a slight sophom*ore slump. the 21-year-old guard showed a package of NBA skills and physical tools that the Mavericks might want to commit to.
Upon the second anniversary of him signing his original deal, Hardy will be eligible for another, a benefit of being an early second-round pick instead of a late first-rounder. Before that, though, they will have to make a decision as to whether to guarantee his minimum salary contract, currently only $400,000 guaranteed until June 30.
2024-25 SALARY SITUATION
Players rostered: 14
Two-way players: One (Alex Fudge)
Guaranteed salaries: $169,527,436
Non-guaranteed salaries: $4,769,699
Total salary: $174,297,135
Projected 2024/25 salary cap amount:$141,000,000
- Salary cap space: None
Projected 2024/25 luxury tax threshold:$171,345,000
- Luxury tax space: Next to none
Projected 2024/25 first apron threshold:$178,655,000
- First apron space: Approximately $3 million
Projected 2024/25 second apron threshold:$189,486,000
- Second apron space: Approximately $14 million
Spending options:
- Taxpayer mid-level exception, second apron permitting: $5,183,000 (projected)
- Davis Bertans trade exception: $4,953,980 (expires July 8 2024)
- Seth Curry trade exception: $4,000,000 (expires February 10 2025)
Luka Doncic
2024-25 salary: $43,031,940
Remaining salary guaranteed: $137,998,980 through 2025-26
- Has a $48,967,380 player option season for 2025-26.
- Has a 15% trade kicker
Kyrie Irving
2024-25 salary: $41,000,000
Remaining salary guaranteed: $84,962,963 through 2025-26
Additional notes:
- Has a $43,962,963 player option season for 2025-26.
Tim Hardaway Jr
2024-25 salary: $16,193,183
Remaining salary guaranteed: $16,193,183 through 2024-25
Additional notes:
- Extension-eligible immediately.
PJ Washington
2024-25 salary: $15,500,000
Remaining salary guaranteed: $29,652,174 through 2025-26
Daniel Gafford
2024-25 salary: $13,394,160
Remaining salary guaranteed: $27,780,480 through 2025-26
Additional notes:
- Extension-eligible immediately.
Josh Green
2024-25 salary: $12,654,321
Remaining salary guaranteed: $41,000,000 through 2026-27
Maxi Kleber
2024-25 salary: $11,000,000
Remaining salary guaranteed: $22,000,000 through 2025-26
Additional notes:
- Extension-eligible after September 8.
Dereck Lively
2024-25 salary: $5,014,560
Remaining salary guaranteed: $5,014,560 through 2024-25
Additional notes:
- Has a $5,253,360 team option year for 2025-26.
- Has a $7,239,131 team option year for 2026-27.
Dwight Powell
2024-25 salary: $4,000,000
Remaining salary guaranteed: $8,000,000 through 2025-26
Additional notes:
- Has a $4,000,000 player option year for 2025-26
Dante Exum
2024-25 salary: $3,150,000
Remaining salary guaranteed: None
Additional notes:
- Contract is only $400,000 guaranteed, becoming fully guaranteed if not waived on or before June 28.
Olivier-Maxence Prosper
2024-25 salary: $2,870,400
Remaining salary guaranteed: $2,870,400 through 2024-25
Additional notes:
- Has a $3,007,080 team option year for 2025-26.
- Has a $5,259,383 team option year for 2026-27.
AJ Lawson
2024-25 salary: $2,120,683
Remaining salary guaranteed:None
Additional notes:
- Has a $2,301,587 minimum salary contract for 2025-26.
- Has a $2,489,752 minimum salary contract for 2026-27.
- All three seasons are fully unguaranteed with no guarantee dates.
Jaden Hardy
2024-25 salary: $2,019,699
Remaining salary guaranteed: $400,000 through 2024-25
Additional notes:
- Contract is only $400,000 guaranteed, becoming fully guaranteed if not waived on or before June 30.
- Is extension-eligible after July 6.
Alex Fudge
2024-25 salary:Signed to a two-way contract
Remaining salary guaranteed:None
Derrick Jones Jr
Cap hold:$2,093,637
Type of free agent: Non-Bird (unrestricted)
Markieff Morris
Cap hold:$2,093,637
Type of free agent: Early Bird (unrestricted)
Greg Brown
Cap hold:$1,867,722
Type of free agent: Non-Bird (restricted)
Brandon Williams
Cap hold:$1,867,722
Type of free agent: Non-Bird (restricted)
Additional notes:
- Gilbert Arenas clause is applicable.
Dallas Mavericks, Featured, Business
Business, Dallas Mavericks, Featured