Per the rules of a Two-Way contract, Quinn Cook is eligible to travel and practice with the Golden State Warriors during the 2018 NBA Playoffs, but he must be placed on the Inactive List for any and all playoff games. In order for Cook to play during the playoffs, the Warriors have two options to perform before tipoff of the final regular season game (4/10/18 @ Utah Jazz):
a. “Standard NBA Conversion Option.”
This would allow the Warriors to convert Cook’s Two-Way into a “rest-of-season” prorated NBA Veteran’s Minimum contract. Because it is a conversion contract, it cannot last longer than the duration of the Two-Way, which is a one-year deal. Thus, if the Warriors perform this action on April 4, the numbers will be as follows:
(Days on Warriors/Days in NBA Season) * (2YOS Veteran’s Min Salary) = New Contract
(1/177) * $1,471,382 = $8,313
The Cavaliers performed a similar transaction when they signed G Dahntay Jones on the final day of the season last year. Though small in amount, this contract would allow Cook to be moved to the Active List for the 2018 NBA Playoffs.*
b. Standard NBA Contract
This would allow the Warriors to negotiate a new contract with Cook.*
*In either case, the Warriors will need to open up a roster spot for Cook if he were to play during the playoffs. For example, if they waive Omri Casspi, they will likely pay out the remainder of his 1yr/$1,471,382 unless he is claimed off the waivers. The Warriors have used the MLE on Nick Young, and they don’t have the BAE due to being over the Tax Apron. Cook does not have Bird or Early Bird rights either.
I'm Jake, a recent graduate of Duke University pursuing a career in collegiate or professional basketball operations.
Cap #s 2018 - 2019
Salary Cap: $101.869M
Lux. Tax: $123.733M
Tax Apron: $129.827M
Tax Floor: $91.682M
Room MLE: $4.45M