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Hassan Whiteside's Contract: 4 Years, $3.8 Million

Chuck McGill of the Charleston Daily Mail was the first to report the terms of Hassan Whiteside's rookie contract, marking it at four years, $3.8 million. The last two years of the contract are team options. (Thanks to 27freethrows for the FanShot heads-up.)

The terms are basically identical to what DeJuan Blair signed with the Spurs: $850,000 for the first year, $918,000 for the second year, and $986,000 and $1.054 million in the third and fourth years, respectively.

The one quirk which could affect the Kings in a few years (barring changes to this part of free agency), assuming Whiteside develops, is that unlike first-round picks, Whiteside won't be able to negotiate a huge extension after his third year; any extension would be tied closely to his fourth-year salary, which is small. First-round picks can sign extensions based on their maximum salary according to years to service; all other players, including those in Whiteside's position, can sign extensions with starting salaries no more than 110.5 percent of their final year salary on the existing contract.

One more quirk: Whiteside won't be a restricted free agent after the fourth year like a first-round pick would be. He'll be unrestricted, which means the Kings wouldn't be able to sit back and match the best offer. Whiteside, as a second-round pick, could have only been a restricted free agent if his contract went three years or fewer. The Kings will have his Bird rights, and as such can exceed the salary cap (under current rules) to keep him. But they won't have the blanket of RFA to help out. (It's a real trade-off -- the Kings opted for the definitely cheap fourth year over insurance of the risk of losing him in 2014.)

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I like it..

He’s gonna need time to develop, so may as well do it on the cheap. Glad were showing patience with the young fellow too.

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by chenp22 on Jul 14, 2010 5:27 AM PDT reply actions  

Not sure I like the tradeoff of giving up restricted status for that cheap 4th year

But maybe I’m just insecure because of this crazy offseason. I’ll probably feel a lot better about it once the season starts and some semblance of normalcy returns. After all, there are worse things to worry about than Whiteside living up to his potential and becoming a sought after free agent in 4 years.

by Charlieb on Jul 14, 2010 5:30 AM PDT via mobile reply actions  

I'm delighted.

I think this kid is going to be good, but needs some high-level coaching and development.

I also think that after he dropped so unexpectedly into the second round, giving him a longer contract with a team he wanted to play for is going to do wonders for his confidence, which can only help him develop faster.

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by LeaguePassAddict on Jul 14, 2010 9:48 AM PDT reply actions  

Right, I'll worry about his contract in two years if he develops.

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by lietothegirls on Jul 14, 2010 11:36 AM PDT up reply actions  

It's actually a cheap version of a 1st round pick without the RFA after the 4th year.

Really, nothing major to get worked over about. HW can get more from the Kings at that point and that money he can get from the Kings will likely be important in resigning with the Kings. Also, his role could be one that makes him comfortable too.

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by pookeyguru on Jul 16, 2010 3:49 AM PDT up reply actions  

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