Bucks paying Pat Connaughton more after contract issue – ProBasketballTalk

Giannis Antetokounmpo is ostensibly evaluating whether to sign a super-max extension with the Bucks.

Meanwhile, Milwaukee had its sign-and-trade for Bogdan Bogdanovic fall apart, faces a tampering investigation and now had to re-work its deal for Pat Connaughton after the originally reported terms weren’t salary-cap legal.

Adrian Wojnarowski of ESPN:

https://twitter.com/wojespn/status/1330248835294179332

The Bucks are re-signing Connaughton through Early Bird Rights. But Early Bird contracts must be for at least two seasons, not including options. The original deal was for only one season before a player option.

Milwaukee could have signed Connaughton to the original terms through the mid-level exception. Except D.J. Austin then took up too much of the mid-level exception for that.

So, Connaughton will get an Early Bird contract – one worth nearly twice as much as the original deal.

Here are the old terms and new terms, assuming reported total salaries are precise and max raises:

SeasonOld termsNew terms
2021-22$3,990,385$4,938,272
2022-23$4,309,615$5,333,333
2023-24$5,728,395
Total$8,300,000$16,000,000

Player option

This looks like a costly mistake for a team encumbered by a hard cap… and trying to convince a superstar to entrust it with the next stage of his career.