Report: J.R. Smith’s 2015-16 salary becomes fully guaranteed Monday

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J.R. Smith declined a player option that would have guaranteed him a $6,399,750 salary for this season alone.

Instead, he settled for a contract that guarantees him just $4.15 million over the next two years.

But that’s a little misleading. Another $3 million of his salary this season will become guaranteed Monday.

Eric Pincus of Twitter:

Pincus appears to be rounding Smith’s 2016-17 salary. If Smith has a base salary of exactly $5 million this season, the most Smith could make next season, which follows a player option, is $5,375,000. That would mean precisely 40% of Smith’s salary is guaranteed each season – which is important.

The percentage of a player’s base salary that is guaranteed in an option year must match the preceding season. It seems not fully guaranteeing Smith’s salary this season was just a workaround so the Cavaliers could guarantee less next season.

It’s nearly a formality Smith will get his entire $5 million this season. He just has to make it to Monday without Cleveland preferring paying him $4.15 million to go away rather than keeping him. That’d be a stunning reversal days after he signs.

I wonder how Smith will spend his weekend.