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 |
2014-2015 | 816,482 | – | – | 816,482 |
2015-2016 | 1,147,276 | – | – | 1,147,276 |
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@UofLSheriff50. Louisville native, University of Louisville Business School Grad c/o 2004. Co-Founder of TheCrunchZone.com
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