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Last updated: 9/30/2019
Last updated: 9/30/2019
Last updated: 9/30/2019
2022 Free Agents - Svi Mykhailiuk
Summary
Mykhailiuk's value is pretty clear, and that's as a shooter. The former Jayhawk has shown legitimate ability to hit tough threes. He can hit shots coming off pindowns, and can shoot over tough contests by defenders. At 6'8", he has legitimate size, similar to what makes Duncan Robinson valuable (beyond his other-worldly shooting ability). However, his career three point percentage is only 35%, and he has only hit 33% over the past two seasons.
Despite the Raptors not having a ton of shooting, Mykhailiuk was unable to get consistent minutes for the Raptors this season. He doesn't have much skill off the bounce, and is generally a poor defender. Along with hitting shots at a higher level, developing those other areas of his game would be huge in getting him more minutes.
Despite playing four years at Kansas, Mykhailiuk entered college really young, so he's still only 24 years old. While that's not super young, it's still young enough to expect some growth, even if the likelihood of vast improvements is pretty low. I was surprised that the Thunder showed no interest in re-signing him and that he had to settle for the minimum with Toronto, but so far he hasn't been anything more than a minimum guy for the Raptors.
Cap Considerations
Mykhailiuk has a $1.9 million player option for next season, and if he declines that option he will be an unrestricted free agent with a $1.8 million cap hold and Non-Bird Rights. Due to the increase in the salary cap, his minimum salary for '22-'23 is about $60k more than his player option amount, so he should opt out as long as he believes he can get a fully-guaranteed minimum contract.
If Mykhailiuk opts for free agency, the Raptors will be somewhat limited in their means of re-signing him. Since they will only have his Non-Bird Rights, the most they could offer him using the Non-Bird Exception is a contract starting at $2.3 million. The Raptors could use the MLE or Bi-Annual Exception to re-sign Mykhailiuk if $2.3 million isn't enough.
Other teams will have multiple ways to sign Mykhailiuk as even teams without cap space could possibly use any of the Non-Taxpayer MLE, Taxpayer MLE, or possibly even the Room MLE or Bi-Annual Exception to sign him. Since he signed a minimum contract in 2021, teams will hope to get him at the minimum in 2022 also.
Potential Teams: Mavericks, Raptors, Cavaliers, Grizzlies, 76ers
Predicted Contract: 1-year, $1.9 million ($1.8 million cap hit) with the Mavericks
Actual Contract: Opt-In: $1.9 million
Mykhailiuk ended up opting in, which was slightly surprising based on the financial implications noted above, but it ended up making sense after he was waived by the Raptors and was only able to sign a partially-guaranteed minimum contract with the Knicks
Last updated: 9/19/2022
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