Report: NBA to announce All-NBA Teams early, because of salary cap reasons
The NBA’s Most Valuable Player award will not be announced until an awards ceremony June 26 on TNT — after the NBA draft, and after the NBA playoffs that will shape the narrative of the award even though voting will have been completed more than two months earlier. Same for Defensive Player of the Year, Coach of the Year, Rookie of the Year and on down the line.
But not the All-NBA Teams, those are coming sooner — because teams want it that way.
The easiest example is the Indiana Pacers: If Paul George makes an All-NBA team they can offer him a designated veteran contract worth roughly $80 million more than any other team. However, if he doesn’t make a team the Pacers need to worry about him leaving as a free agent in 2018, and they may try to trade him. The best time for that trade might be around the draft — Indiana may be able to secure a high pick from a team near the top of the draft in a trade. However, if the Pacers didn’t know if George made an All-NBA team by the draft they wouldn’t make that move.So the NBA is announcing early, a story broken by Tim Bontemps of the Washington Post.
To allow for its teams to have all the necessary information to make offseason preparations, the NBA will announce its all-NBA teams before its inaugural awards show in late June, according to league sources.Because of the newly created Designated Player Exception, which relies on players making, among other things, one of the three all-NBA teams to qualify, decisions about whether players — such as Indiana Pacers star Paul George, for example — will be willing to remain with their current team or be open to being traded elsewhere could be based upon whether a player is voted on to one of the teams.
Smart move by the NBA. There are also bonuses and other impacts on salaries based on end of season awards that will alter the salary structure of teams heading into free agency.