Pistons' Nerlens Noel hasn't actively pursued buyout

Veteran center Nerlens Noel has been listed as “not with team” on the Pistons‘ injury report since last Thursday’s trade deadline, leading to speculation that he’s headed for a buyout agreement. However, league sources tell Marc Stein (Substack link) that Noel hasn’t actively pursued a buyout to this point.

Noel, who signed a three-year contract with New York in 2021, was traded from the Knicks to the Pistons last summer in a salary-dump deal that helped New York create salary cap space for Jalen Brunson. The 28-year-old big man hasn’t had much of a role with the Pistons, appearing in just 14 games and logging a career-low 10.9 MPG.

The retooling Pistons have a crowded frontcourt that features a handful of young centers the team will want to take a long look at down the stretch. That group consists of a trio of former lottery picks: rookie Jalen Duren, recently acquired James Wiseman, and former King Marvin Bagley III, who is recovering from hand surgery and is in the first season of a three-year contract.

Given that he’s buried on the depth chart and isn’t owed any guaranteed money beyond this season (he has a $9.68M team option for 2023-24), Noel looks like a logical buyout candidate. According to Stein, there would be multiple “playoff-bound” teams with interest in the former sixth overall pick if he reaches free agency.

It’s notable that Noel and his reps didn’t immediately seek a buyout last week after he stayed put at the deadline. Still, while he and the Pistons aren’t working on an agreement yet, that doesn’t mean one won’t happen by March 1, which is the deadline for a player to be waived if he wants to retain his playoff eligibility for his new team. Kevin Love, for instance, wasn’t initially considered a buyout candidate, but is now said to be nearing a deal with the Cavs.

On the other hand, agreeing to a buyout and then signing a minimum-salary contract with a new team would force Noel to give up his Bird rights and may pigeonhole him as a minimum-salary player going forward. So he has some incentive to pass on buyout talks and force the Pistons to make a decision on whether they want to simply waive him, paying his full salary, to open up a roster spot.

We’ll keep a close eye on Noel’s status in Detroit during the next couple weeks, but for now, it doesn’t appear that a buyout is imminent.