LINDY WATERS III #43

Logo of the San Antonio SpursSan Antonio Spurs
Free Agent Cap Hold

Shooting Guard
Years of Service Tooltip : 5
2026-27 Year of Service Earned Tooltip : No
BORN: Jul 28, 1997
BIRTHPLACE: Norman, Oklahoma, United States
NATIONALITY:United StatesUnited States
HEIGHT:
6' 5
195cm
WEIGHT:
210lbs
95kg
AGE: 29
SHOOTS: Right
DRAFT YEAR: Undrafted
AGENT DETAILS
SUMMARY

Lindy Waters III is a 29 year old shooting guard who was born on Jul 28, 1997. He has signed 5 contracts worth a total value of $10,779,231. He is represented by the agent Aaron Turner of Verus Team Basketball.

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Bird Rights: Non-Bird (NQVFA)

CONTRACT HISTORY

TWO-WAY CONTRACT (REST OF SEASON)
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SIGNED BY: Sam Presti
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Length: 2 years
Value: $939,129
Guaranteed: $0 (0%)
Expiry Status: RFA
AAVTooltip: $469,565
Cap % Tooltip: 0.00
Signing Team: Logo of the Oklahoma City ThunderOKC
Signing Method: Two-WayTooltip
Signing Date: February 10, 2022
Source: SalarySwish

Lindy Waters III signed a 2 year, $939,129 contract with the Oklahoma City Thunder on Feb 10, 2022. The contract has a cap hit of $0.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2021-22$0$462,629$0$0$0
2022-23 V$0$476,500 (+3%)$0$0$0
TOTAL$0$939,129$0$0$0
Qualifying Offer: $2,092,354 (Guaranteed: $559,780)
Cap Hold 2023-24: $1,801,769
VOIDED DUE TO CONVERSION: This contract was converted to a Veteran Contract contract (Logo of the Oklahoma City ThunderOKC - Feb 26, 2023)
VETERAN CONTRACT (REST OF SEASON)
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SIGNED BY: Sam Presti
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Length: 1 - 2 years
Value: $3,855,792
Guaranteed: $1,927,896 (50%)
Expiry Status: UFA (Decl. Opt.)
AAVTooltip: $1,927,896
Cap % Tooltip: 1.56
Signing Team: Logo of the Oklahoma City ThunderOKC
Signing Method: MLETooltip
Signing Date: February 26, 2023
Source: SalarySwish

Lindy Waters III signed a 1-2 year, $3,855,792 contract with the Oklahoma City Thunder on Feb 26, 2023. The contract has a cap hit of $1,927,896.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2022-23$1,927,896$1,927,896$1,927,896$0$0
2023-24TeamNo (Jun 29, 2023)$1,927,896$1,927,896$0$0$0
TOTAL$3,855,792$3,855,792$1,927,896$0$0
Cap Hold 2023-24: $2,506,265
GUARANTEED DETAILS
2023-24: $1,927,896 Team Option [Requirements Unmet]
TWO-WAY CONTRACT
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SIGNED BY: Sam Presti
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $559,782
Guaranteed: $279,890 (50%)
Expiry Status: RFA
AAVTooltip: $559,782
Cap % Tooltip: 0.00
Signing Team: Logo of the Oklahoma City ThunderOKC
Signing Method: Two-WayTooltip
Signing Date: August 18, 2023
Source: SalarySwish

Lindy Waters III signed a 1 year, $559,782 contract with the Oklahoma City Thunder on Aug 18, 2023. The contract has a cap hit of $0.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2023-24 V$0$559,782$279,890
(75.0k→280k)
$0$0
TOTAL$0$559,782$279,890$0$0
Qualifying Offer: $2,237,691 (Guaranteed: $578,577)
Cap Hold 2024-25: $1,862,265
GUARANTEED DETAILS
2023-24: Increase from $75,000 to $279,890 (+$204,890) if the player is not waived prior to the first regular season game [Requirements Met]
VOIDED DUE TO CONVERSION: This contract was converted to a Veteran Contract contract (Logo of the Oklahoma City ThunderOKC - Feb 9, 2024)
VETERAN CONTRACT (REST OF SEASON)
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SIGNED BY: Sam Presti
BIRD RIGHTS: Bird Rights Calculator Icon
Length: 1 - 2 years
Value: $2,963,065
Guaranteed: $2,963,065 (100%)
Expiry Status: UFA
AAVTooltip: $1,481,533
Cap % Tooltip: 1.00
Signing Team: Logo of the Oklahoma City ThunderOKC
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: February 9, 2024
Source: SalarySwish

Lindy Waters III signed a 1-2 year, $2,963,065 contract with the Oklahoma City Thunder on Feb 9, 2024. The contract has a cap hit that ranges from $766,095 to $2,196,970.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2023-24$766,095$766,095$766,095$0$0
2024-25TeamYes (Jun 29, 2024)$2,196,970$2,196,970 (+187%)$2,196,970
(0→2.20M)
$0$0
TOTAL$2,963,065$2,963,065$2,963,065$0$0
Cap Hold 2025-26: $2,296,274
GUARANTEED DETAILS
2024-25: $2,196,970 Team Option [Requirements Met]
VETERAN CONTRACT
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SIGNED BY: Brian Wright
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $2,461,463
Guaranteed: $2,461,463 (100%)
Expiry Status: UFA
AAVTooltip: $2,461,463
Cap % Tooltip: 2.00
Signing Team: Logo of the San Antonio SpursSAS
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: July 24, 2025
Source: SalarySwish

Lindy Waters III signed a 1 year, $2,461,463 contract with the San Antonio Spurs on Jul 24, 2025. The contract has a cap hit of $2,296,274.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2025-26$2,296,274$2,461,463$2,461,463
(500k→2.46M)
$0$0
TOTAL$2,296,274$2,461,463$2,461,463$0$0
Cap Hold 2026-27: $2,449,421
GUARANTEED DETAILS
2025-26: Increase from $500,000 to $2,461,463 (+$1,961,463) if player is not waived before Jan 10, 2026 [Requirements Met]

SALARY PROGRESSION

CAREER STATS

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