After reaching a buyout deal with the Houston Rockets, John Wall signed a two-year, $13.2 million contract with the Los Angeles Clippers.
With the Clippers, he will have the chance to compete for a starting position on a title-aspiring team led by outgoing stars Paul George and Kawhi Leonard. The Clippers are believed to be one of the deepest teams in the league and the addition of Wall only adds to that arsenal.
After being absent all last season by mutual agreement with the management of the Rockets to allow the team to develop its young prospects, Wall is ready for a new beginning. Wall played just 40 games for the Rockets in 2020-21, averaging 20.6 points and 6.8 rebounds after sitting out the entire previous season with various leg injuries.
In 2019, Wall signed a four-year, $171.13 million contract with the Washington Wizards, the franchise that selected him with the first pick in the 2010 draft and with whom he had the best seasons of his career. . Wall was expected to make $47.89 million this coming season, but returned $6.5 million in a buyout with the Rockets. The remaining $40.89 million owed to Wall is a dead cap on the Rockets’ books this season.
The Rockets had been trying hard to deal with Wall for the past two seasons after initially acquiring him in a trade for Russell Westbrook. This task turned out to be impossible given the scale of the obligation. Ironically, the Rockets came close to offloading Wall in exchange for Westbrook, now with the Lakers. However, the Lakers were reportedly hesitant to include the future first-round pick the Rockets were asking for in a trade.
Under the terms of the league’s collective bargaining agreement, after a buyout in which the player’s guaranteed salary is reduced, the team cannot re-sign the player or seek waivers from him for one year, or until the waived contract has come to an end, according to what is later. Additionally, any guaranteed salary still owed to the player following a buyout continues to be included in the team’s salary, as with any waived player.
Thus, the Wall saga in Houston ends and the next chapter of his career begins.
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Post expires at 3:08am on Friday July 22nd, 2022