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
Lindy Waters III earns a C+ Contract Value Index (CVI), a grade that reflects the fundamental disconnect between a modest $2.3M AAV on a single-year deal and the reality of replacement-level production in a playoff-caliber rotation. His 2025-26 numbers—2.4 PPG, 0.7 RPG, and 0.5 APG across 37 games—align with the D+ performance grade and underscore why depth wings producing at this volume rarely command premium dollars, even on short-term commitments. At 28 years old and five seasons into his career, Waters occupies the veteran minimum tier of the market; a $2.3M AAV is fair value for a depth contributor, neither a bargain nor an overpayment, but the C+ verdict acknowledges that his on-court production does not justify premium positioning. The real tension, however, emerges from the sentiment data: while local media and Spurs fans have built a warm narrative around his character, community work, and Finals appearance, that goodwill is increasingly difficult to square with his statistical irrelevance in a team operating at championship stakes. The single-year structure protects San Antonio from long-term commitment, but sentimentContext makes clear that rising roster competition and front-office moves reshaping depth are creating mounting pressure on his standing—his contract may be reasonably valued, but his roster spot in a must-win environment is not guaranteed to follow.
Performance Analysis
D+
#78 of 147 Shooting Guards
FC
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.