[Woj] ESPN Sources: The Charlotte Hornets are waiving guard Seth Curry but interest exists on both sides to keep talking on a new deal in July free agency. Team had a deadline today on guaranteeing Curry’s contract for the 2024-2025 season.

[u/IamOlderthanMe]

https://x.com/wojespn/status/1806790642049102012?t=IHLkcdPDUY8lLqMgB7s-hg&s=19

[u/Smitty_Agent89]

Probably a longer term deal

[u/YizWasHere → u/Smitty_Agent89]

Couldn't we just have given him a contract extension lol?

[u/Vegetable-Tooth8463 → u/YizWasHere]

Not if you want to change the salary.

[u/YizWasHere → u/Vegetable-Tooth8463]

You can change the salary on a contract extension lol. You're eligible to go up 140% from the previous contract. The actual reason he's not eligible is because he's only on the first year of a two year deal - you have to be on the second year of a 3 or more year contract.

[u/Vegetable-Tooth8463 → u/YizWasHere]

Oh TIL, ty mate. How'd you get so knowledgable about the NBA CBA?

[u/YizWasHere → u/Vegetable-Tooth8463]

I'm not that knowledgeable lol, I normally forget how most of the nuanced rules work. Only reason I knew that one was because I specifically Googled it earlier to see if he was eligible.

This is a useful resource though.

[u/Vegetable-Tooth8463 → u/YizWasHere]

Ty

[u/net_403 → u/YizWasHere]

You're eligible to go up 140% from the previous contract.

Wouldn't we want to pay him less than his contract? Instead of a pay raise. I figured that's why we did it this way