Contract Details: Wade, Simons, Sharpe, Minott, George, More
The Sixers used nearly their entire non-taxpayer mid-level exception to complete their deals with Dean Wade and Anfernee Simons. Wade’s four-year contract starts at $9MM, while Simons’ two-year deal has a starting salary of $6MM, leaving just $44K remaining on Philadelphia’s mid-level, Hoops Rumors has learned.
That leftover MLE money obviously can’t be used at this point, given that $44K is far below the NBA’s minimum salary. But there’s a chance it could come in handy at the very end of the season if the 76ers want to sign a free agent or convert a two-way player to a contract that covers more than two years. During the season’s final days, the prorated minimum salary will drop below $44K, allowing Philadelphia to use the rest of its MLE.
Wade’s four-year deal, which has a total value of $38.7MM, features a partial guarantee of $1.65MM in the final year, Hoops Rumors has learned. Simons, meanwhile, holds a $6.3MM player option for 2027/28.
Here are a few more contract details of note from around the NBA:
- Day’Ron Sharpe‘s new two-year deal with the Nets will pay him a guaranteed $10MM salary in 2026/27, with a team option worth $10MM for ’27/28, Hoops Rumors has learned. It has a similar structure to Josh Minott‘s new contract with Brooklyn, which is worth $4.5MM in year one with a $4.5MM team option in year two.
- Players who re-sign with their previous team on a one-year contract or a two-year contract that includes a second-year option are typically awarded the right to veto a trade for the coming season, but their team can ask them to waive that right as part of their contract agreement. Sharpe and Minott both gave up their right to veto a trade in 2026/27 when they re-signed with the Nets, as did Magic guard Jevon Carter and Timberwolves guard Bones Hyland, Hoops Rumors has learned.
- Paul George waived his trade bonus when he was dealt from the Sixers to the Celtics, per ESPN’s Bobby Marks (Twitter link). That means George’s cap hit for 2026/27 remains at $54.13MM instead of increasing to $57.74MM, giving Boston a little extra spending flexibility below its first-apron hard cap.
- The two-way deals for Ugonna Onyenso of the Pistons and Nick Martinelli of the Clippers both cover two seasons, according to reports from Keith Smith of Spotrac and Law Murray of The Athletic (Twitter links). Onoyenso and Martinelli were drafted 53rd and 55th overall, respectively.