Former Raptors big man Jontay Porter pleaded guilty on Wednesday to a federal felony charge of conspiracy to commit wire fraud, reports Jennifer Peltz of The Associated Press. “I know what I did was wrong, unlawful, and I am deeply sorry,” said Porter, who was released on a $250K bond signed by his mother and wife, according to Mike Vorkunov of The Athletic. Porter’s sentencing … [Read more...] about Jontay Porter Pleads Guilty To Felony, Likely Facing Prison Time
Contract Details: Quickley, Barnes, Batum, Jones, CP3, Oubre, More
Initially reported to be worth $175MM over five years, Immanuel Quickley‘s new contract with the Raptors actually has a base value of $162.5MM, according to Blake Murphy of Sportsnet (Twitter link). It also features $12.5MM in unlikely incentives – $2.5MM per year – that would allow the guard to max out at $175MM if he earns all of them. But for now the cap hits for Quickley … [Read more...] about Contract Details: Quickley, Barnes, Batum, Jones, CP3, Oubre, More
Atlantic Notes: Martin, Sixers, Embiid, Vezenkov, Celtics
In order to maximize their cap room, the Sixers renounced the rights to nearly all of their free agents, including a handful of players who hadn’t actually been on the roster for years, per Keith Smith of Spotrac (Twitter links). However, there was one notable exception: KJ Martin‘s cap hold remains on the team’s books. Martin’s cap hold is worth the veteran’s minimum of … [Read more...] about Atlantic Notes: Martin, Sixers, Embiid, Vezenkov, Celtics
Contract Details: George, Martin, Wiseman, Isaac, Hield, More
Following the end of the July moratorium on Saturday, teams wasted no time in officially finalizing many of the contracts they’d agreed to up until that point. Now that those contracts have been completed, we have the official details on many of them. Here, via several reporters – including Keith Smith of Spotrac, Michael Scotto of HoopsHype, and cap expert Yossi Gozlan – as … [Read more...] about Contract Details: George, Martin, Wiseman, Isaac, Hield, More
Scottie Barnes Signs Max Extension With Raptors
JULY 8: Barnes’ extension is now official, the Raptors confirmed (via Twitter). “We are so proud of Scottie for the player and leader he has become,” team president Masai Ujiri said in a press release. “I’ve said before that he is the type of player you build a team around. Well, we are doing that. … Together, our future starts here. It starts now.” JUNE 24: Scottie Barnes … [Read more...] about Scottie Barnes Signs Max Extension With Raptors