Anthony Slater: Pair of relevant notes on Kristaps Porzingis' new contract, per sources. 1. Only $3 million is guaranteed for the second season. 2. He's immediately trade eligible because of the structure of the two-year, $40 million extension (no more than 5% raise between yrs 1 and 2).

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This article originally appeared on Hoops Hype: Only $3 million is guaranteed for the second season