Veteran sharpshooter Eric Gordon is set to hit unrestricted free agency this offseason after the Clippers declined to guarantee his $21 million contract for the 2023-24 season, per ESPN’s Adrian Wojnarowski.
The decision to let Gordon walk will reportedly have some significant financial benefits for the team, too. According to ESPN’s Bobby Marks, the team figures to save $110 million on its luxury tax bill.
Heading into free agency, the Clippers had the highest estimated luxury tax bill in the league, by a wide margin. The team was anticipated to owe as much as $169 million in luxury tax, a figure which will now drop to around $59 million, according to Marks.
