Despite the fact that the Bucks used their room exception to complete the signing, guard Kevin Porter Jr. received the exact value of the bi-annual exception on his new two-year deal, Hoops Rumors has confirmed. The first year is worth $5,134,000, with a second-year player option worth $5,390,700. The move leaves roughly $3.65MM on Milwaukee’s room exception.
A player who re-signs with his previous team on either a one-year contract or a two-year deal with a second-year option is typically awarded the right to veto a trade for the rest of that season. However, Porter is one of a few players, along with Lakers big man Jaxson Hayes, who have waived that right as part of their new deals.
Sixers guard Eric Gordon and Raptors wing Garrett Temple have also given up that right to veto a trade, Hoops Rumors has confirmed.
We have more details on some of the recently signed contracts from around the league:
- Jabari Smith Jr.‘s five-year, $122MM rookie scale extension with the Rockets declines in the second season before increasing in each of the final three years, notes Mike Vorkunov of The Athletic. That dip in 2027/28 comes during the season in which an extension for Amen Thompson figures to be hitting Houston’s books — it could also be the final year of Kevin Durant‘s contract, if he signs a two-year extension with the team at some point.
- James Wiseman‘s new two-year, minimum-salary contract with the Pacers, which features a second-year team option, is partially guaranteed for $1MM in 2025/26, Hoops Rumors has learned. If Wiseman’s option for ’26/27 is exercised, that year’s salary would be partially guaranteed for roughly $1.13MM.
- Dennis Schröder‘s three-year deal with the Kings, which is worth exactly the three-year value of the mid-level exception ($44,427,600), is partially guaranteed for $4.35MM in the third year, tweets Michael Scotto of HoopsHype. Although the contract fits into the MLE, Sacramento is believed to have used an existing trade exception to accommodate the acquisition of Schröder.
- Isaiah Stevens‘ two-way contract agreement with the Kings will cover two years, according to Scotto (Twitter link).