Lindy Waters III
#43SG · San Antonio Spurs
Height
6'5"
Weight
210 lbs
Age
28
College
Oklahoma State
Experience
4 yrs
C+
A-
C-
C+
N/A
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The Verdict on Lindy, in One Read
On the field, Lindy Waters III grades out as a middling SG for San Antonio Spurs (C- Impact). That places him 78th of 147 graded shooting guards. In his on-court role, the grade is middling (C+ Role), reflecting how he produces relative to others at his position. The money matches the play — the Contract Value Index lands at C+, fairly priced. The public read is very positive (A- Sentiment), drawn from current news and social signal rather than the box score.
Career StatsD+
| Year | Team | GP | PPG | RPG | APG | SPG | BPG | FG% | 3PT% | FT% |
|---|---|---|---|---|---|---|---|---|---|---|
| Career |  | 192 | 2.4 | 0.7 | 0.5 | 0.1 | 0.0 | 40.3% | 36.6% | 79.5% |
| 2025-26 | | 37 | 2.4 | 0.7 | 0.5 |
Performance Grade by Season
PeakDLongevityMid-CareerRecentF
| Season | Team | GP | PTS | REB | AST | FG% | Grade |
|---|---|---|---|---|---|---|---|
| 2025-26 | | 37 | 2.4 | 0.7 | 0.5 | 40.3% | F F |
| 2024-25 |  | 52 | 4.9 | 2.1 | 1.0 | 36.9% | D- D- |
| 2023-24 |  | 3 | 0.0 | 0.3 | 0.0 | 0.0% | F F |
| 2022-23 | | 41 | 5.2 | 1.8 | 0.7 | 39.3% | D D |
| 2021-22 | | 25 | 8.0 | 2.9 | 1.0 | 40.6% | C- C- |
Grades reflect the player's performance in each season. Header grade shows the current season.
Recent Games
| Date | OPP | Result | MIN | PTS | REB | AST | STL | BLK | FG | 3PT | +/- |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fri, 5/29 | vs OKC | W 118-91 | 6 | 2 | 0 | 1 | 1 | 0 | 1-2 | 0-1 | +1 |
| Mon, 5/25 | vs OKC | W 103-82 | 4 | 0 |
Current Contract
Length
1 year
Total Value
$2.3M
Guaranteed
$2.3M
AAV
$2.3M/yr
Guaranteed %100%
Contract Value Index (CVI)
C+
Fair Value
OverpayFair ValueGreat Value
Earning a C+ Contract Value Index, Lindy Waters III's 1-year pact reflects San Antonio's read on rotation impact. At $2.3M AAV for a 5-year veteran now 28 years old, the deal sits in legitimate depth-piece territory — reasonable money for a third-string wing on a title-contending roster, but the D+ performance grade exposes a real friction: his 2025-26 season numbers of 2.4 PPG, 0.7 RPG, and 0.5 APG across 37 games represent replacement-level production at a moment when the Spurs, sitting at 62-20 and headed into the Finals in 10 days, have increasingly little margin for below-average statistical contributors. The CVI grade has slid from A to C+ over the past month—a reflection of exactly that disconnect—because while Waters' off-court standing with the organization and the San Antonio community remains genuinely warm, playoff rosters operate in a different calculus than regular-season goodwill, and the recent front-office activity reshaping depth pieces signals the team is tightening rotation availability precisely when someone posting these counting stats becomes harder to justify. At his career stage and salary, Waters occupies the classic role-player bind: valuable enough to keep around for locker-room and cultural continuity, too limited statistically to count on when wins are measured in championships. The one-year structure offers San Antonio clean exit optionality heading into next summer, which at least prevents any long-term cap entanglement with a player whose value proposition leans heavily on intangibles rather than floor production.
Performance Analysis
D+
#78 of 147 Shooting Guards
Contracts in the Same Value Band
Other same-position deals the Contract Value Index also places in the C band — a quick read on where Lindy's contract sits relative to comparable money.
How Lindy Compares at the Position
Lindy Waters III ranks 78th of 147 graded shooting guards by performance. That slots Lindy between Caleb Houstan (D+) just ahead and Koby Brea (D+) just behind.
Graded higher
Caleb HoustanAtlanta HawksD+Keshon GilbertAtlanta HawksD+Tre JohnsonWashington WizardsD+Lindy Waters IIID+
Graded lower
Koby BreaPhoenix SunsTransaction History
No transactions found for this player.
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About this player
Lindy Waters III is a player in his 4th NBA season listed at SG for the San Antonio Spurs. FanVerdicts covers every NBA player, team, GM, and transaction — and puts your verdict on all of it. Sign in to cast your Fan Verdict on Lindy Waters III, see where the crowd lands, and argue the call. FanVerdicts also brings its own read — performance, sentiment, and Contract Value Index — as one honest input alongside the crowd's. Where FanVerdicts has weighed in so far: Contract Value Index C+, Performance D+, Sentiment A-.
The crowd's Fan Verdict moves in real time as fans vote on this profile. FanVerdicts' own read updates as new data lands — performance recalculates when NBA game stats post, sentiment shifts with media coverage and fan discussion, and the Contract Value Index recomputes when contract terms change. Contract details below show the structure (years, total value, average annual value, guarantees) behind the Contract Value Index read.
For league-wide context, the NBA hub has team rankings, GM report cards, the transactions feed, and live scoreboards. The NBA player rankings page sorts every active player by performance and contract value within their position.