Contract details have been made available for Peyton Siva’s deal with the Orlando Magic. Siva still needs to make the Magic Roster, but does have a $100,000 guarantee. The Detroit Pistons are on the hook for a portion of Siva’s $816,482 salary which is the NBA’s 2nd Year Player Minimum.
Peyton earned $490,180 last year with the Pistons. The Magic can activate Siva for a 2nd Year as part of the contract if they extend a $1,147,276 offer which would keep Siva out of free-agency prior to 2015-16. The NBA’s 3rd Year Player Minimum is $947,276 for 2015-16.
We wish Peyton lots of luck in making the Orlando Magic final roster with finalize on October 27th.
|YEAR||BASE||SIGNING BONUS||INCENTIVE||CAP HIT|
Latest posts by Mark Blankenbaker (see all)
- Cards Beat Duke 10-0 in Game 3; Win Series - April 23, 2017
- UofL Issues Statement Following NCAA Hearing - April 20, 2017
- AUDIO: Yesterday on 93.9 The Ville With Russ Smith - April 20, 2017