Veteran sharpshooter Eric Gordon is set to hit unrestricted cost-free agency this offseason following the Clippers declined to guarantee his $21 million deal for the 2023-24 time, for each ESPN’s Adrian Wojnarowski.
The conclusion to permit Gordon stroll will reportedly have some sizeable money gains for the workforce, too. In accordance to ESPN’s Bobby Marks, the crew figures to help you save $110 million on its luxury tax monthly bill.
Heading into totally free agency, the Clippers experienced the maximum estimated luxurious tax monthly bill in the league, by a extensive margin. The group was anticipated to owe as considerably as $169 million in luxurious tax, a figure which will now fall to around $59 million, according to Marks.
Marks indicated that right after parting means with Gordon, the group continues to be $18 million over the league’s luxurious tax threshold of $165 million.
Gordon rejoined the Clippers previous 12 months in a midseason trade that saw John Wall dealt to the Rockets. In his 22 video games in L.A. final season, the 34-yr-old averaged 11 points for every recreation on 42.3% capturing from three-place assortment.
Gordon experienced one particular period still left on the 4-calendar year, $75.5 million contract he signed with Houston. The deal involved three decades and $54.65 million in confirmed funds, leaving the door open up for the Clippers to stroll absent ahead of the 2023-24 season, which they reportedly opted to do on Wednesday.
He’ll strike free of charge company in hopes of latching on with an additional group forward of what will be his 16th NBA time.
