Well that didn’t last very long. Spencer Hawes’ career with the Milwaukee Bucks may already be on the verge of ending.
Word has it that the Bucks are likely to release Hawes and that they will stretch the remaining year of the contract over three seasons as stipulated by the collective bargaining agreement.
As it stands, Hawes is owed $6,021,175 for next season, which is the final year of his contract. Using the “stretch provision,’ the Bucks would have to pay $2,007,058.33 to Hawes over each of the next three seasons.
By taking this path the team would empty out Milwaukee’s frontcourt, a frontcourt that includes centers Thon Maker, Greg Monroe and John Henson, and could also relive the Bucks of paying the luxury tax for this season.
Luxury tax is a potential problem following Greg Monroe’s decision to opt into the final year of his contract and the fact they re-signed Tony Snell. This means that the Bucks are currently over the luxury-tax threshold of $119,266,000. If the team make a move to have Hawes’ salary stretched, the Bucks would then be back under that threshold and give themselves enough room to sign a player to the veteran minimum.