My San Antonio · Jan 7, 2016
Spurs’ Butler, Bonner receive contract guarantees
The Spurs’ Rasual Butler and Matt Bonner enjoyed some good, if expected, news Thursday with the full guarantee of their contracts for the remainder of the season.
Teams face a Saturday deadline to waive any players with non-guaranteed or partially guaranteed deals, or else remain on the hook for the full value of the contract. In order to clear waivers to meet that date, players had to be jettisoned before 3 p.m. Thursday.
By remaining on the Spurs roster past Thursday, Butler is guaranteed the remainder of his veteran minimum salary of $1.5 million. Bonner, who entered the season with just under half of his minimum deal guaranteed, is now sure to collect the remaining $750,000.