The Wizards guaranteed $175,000 of Jarell Eddie's contract to get him to push back the guarantee date on his contract, league sources tell CSNmidatlantic.com, and undrafted rookie Danuel House will pocket $100,000 to attend training camp that begins Sept. 27.
Eddie was due to make $980,000 if the Wizards fully guaranteed his deal by July 15 deadline or they had to release him. As CSN reported two weeks ago, both sides agreed to the partial guarantee to get him in training camp and reset the deadline at the start of the regular season. The exact amount agreed upon, however, had been in question.
This comes as a slight risk for Eddie, but the 6-7 shooter is a strong favorite to lock up one of the 2-3 spots open on the 15-man regular-season roster.
House's play at summer league rocketed him up the Wizards' priority list with fellow undrafted rookies Daniel Ochefu and Sheldon McClellan also getting partial guarantees earlier. House performed best of the group, averaging 11.2 points and shooting 40% from three-point range in five games, played extremely well defensively.
He's just 6-7 but has long arms and an NBA body and the size of his guarantee, larger than that of Ochefu and McClellan, is an indication of how highly the Wizards regard him.
Paying free agents with partial guarantees to come to camp counts against the salary cap but it's still a minimal cost. Most of the Wizards' training camp invites in recent years did not receive guarantees.
This time, they have actual roster spots up for grabs which allows them to bring in better players trying to make good on a deal. To keep them away from the other 29 teams, partial guarantees are granted and it should make for a more competitive training camp.