Another maximum contract is one that guarantees a player 30% of the team`s salary cap. Also known as the “Derrick Rose Rule,” under the new CBA (collective agreement) guidelines of 2017, a rookie extension can be worth 30% of the team`s salary cap instead of 25% if the player meets certain criteria. The requirements are as follows: Now that the NBA has set its salary cap for the 2021/22 league year at $109,140,000, we have a clear idea of what maximum salary contracts will look like for the upcoming season. Practically, the increase in the cap was almost exactly 3%, which is exactly what the NBA had planned throughout the year, so our forecasts won`t change much. Still, at least the talented forward has had some great moments in the past, so Hayward hopes to be another year away from injury once 2019-0 arrives, and Hayward can start living up to the rich contract given to him by the Boston Celtics. Giannis Antetokounmpo becomes the 6th player to sign a Supermax contract. The others:Steph CurryDamian LillardJames HardenRussell WestbrookJohn Wall This list will be updated once the 2021 free agency contracts are completed. The Bucks will keep star forward Giannis Antetokounmpo at least until 2024-25 after the two-time MVP signed a five-year contract extension with Milwaukee on Tuesday. And while it`s paramount for the Bucks to keep the franchise icon, hiring Antetokounmpo wasn`t exactly cheap. He joins the other two Max Contract players on the roster of LeBron James and Anthony Davis. One thing to know: After spending the first eight years of his career in Charlotte, Kemba Walker decided to get paid and join the Celtics. The Hornets had a chance to offer a massive contract that could have kept him in Charlotte, but were miserably beaten by the Celtics.
Parsons averages 6.9 points and 2.6 rebounds per game as a grizzly, shooting 39.5% from the ground and 33.5% beyond the arc. His contract does not expire until after the 2019/20 season. Milwaukee now holds two of the 10 richest contracts in NBA history following Antetokounmpo`s extension. Middleton signed his $178 million contract in June 2019. It reunited when they signed Klay Thompson to his 5-year maximum contract of $189.9 million, and then acquired D`Angelo Russell in a sign-and-trade that sent Kevin Durant to the Brooklyn Nets, with a maximum contract worth four years and $117 million. One thing to know: Despite his massive contract, LeBron James still makes more money off the court through endorsement deals than with his NBA playing time. According to Forbes, James grossed more than $50 million in advertising dollars last season — more than any other NBA player and athlete except Roger Federer and Tiger Woods. In the following tables, the “6 years or younger” column lists the maximum contracts for players such as Tatum, Mitchell, Adebayo, and Fox. the column “7-9 years” applies to free agents like Beal; and the “10+” column applies to the most experienced veterinarians in the league or those who have qualified for the Super-Max, including Antetokounmpo, George and Lillard.
Harden signed the biggest contract in NBA history at the time after receiving a four-year extension in July 2017. He now has two years left on his contract, although his days in Houston seem numbered. Even if they officially sign new contracts as soon as possible, the exact value of their next contracts will depend on where the 2022/23 cap ends. The NBA has announced that the cap for `22/23 is expected to be $119 million, but there`s plenty of time for that estimate to fluctuate by next summer. When he signed his maximum contract in 2015, Marc Gasol looked like he was worth every penny. After all, he was only two seasons away from a big defensive player of the year campaign, came from a year of 17.4/7.8/3.8, and by all accounts, looked like one of the best centers in the NBA. The fact that Chandler Parsons has been injured almost consistently since signing his maximum contract with the Memphis Grizzlies in the summer of 2016 has left us with no choice but to put him at the bottom of this list. Parsons missed 150 of the 239 possible competitions from 2016 to 2017, largely due to persistent knee problems that prevented him from regaining his excellent early form. James, who first signed $153.5 million with the Lakers for 4 years in 2018.
He let the final year of that contract run when he signed a two-year extension worth $85.66 million in the 2020 offseason. On the other hand, Davis, who the Lakers acquired through a trade from the New Orleans Pelicans, signed a five-year extension for up to $190 million in the 2020 offseason. Below are the maximum salary contracts for players signing contracts from 2021/22. The first graph shows the maximum salaries of a player who signs with his own team – a player`s previous team can offer five years instead of four years and 8% annual increases instead of 5%. The second table shows the maximum salaries of a player who signs with a new team. These numbers apply to a number of players who have signed a maximum salary extension that will take effect in 2021/22: Giannis Antetokounmpo, Paul George, Damian Lillard, Bradley Beal, Jayson Tatum, Donovan Mitchell, Bam Adebayo and De`Aaron Fox. They also apply to anyone who signs a maximum salary contract as a free agent this offseason – Kawhi Leonard is the most viable candidate. One thing to know: Paul Millsap will become a full-fledged free agent this summer after the Nuggets opted for the final year of his contract last offseason. The only saving grace for the Minnesota Timberwolves is that Wiggins is only 24 years old, so it`s far too early to abandon him completely. But if his game doesn`t improve next season, Wiggins` contract could end up looking like one of the worst in the entire association. The Canadian goalie became a top player when he signed the five-year extension of $195.65 million in 2019.
Jokic was the first of the trio to have a maximum contract when he signed his five-year extension of $147.7 million in 2018. The former MVP already had a maximum contract, worth $206 million over five years, which he signed with the Oklahoma City Thunder in 2017. In the fourth year of the contract, what is unique is that it has been different in each of these four years. The second Splash Brother joined Curry in July 2019 with his own massive contract. Thompson owes $35 in 2020-21, though it`s unlikely he`ll play in November after an Achilles tendon rupture. Wiggins, the No. 1 pick in the 2014 NBA Draft, already had a 5-year, $147.7 million contract, which he signed in the 2017 offseason. Check out the 10 Biggest Contracts in NBA History below: In the modern and super-maximum era of basketball, teams hand out big sovereignty contracts, but only some of them really get their money`s worth, while others get stuck in their books with albatross contracts. The maximum contract is essentially the most money a team is allowed to spend on a player under the rules of the NBA`s salary cap structure. A “designated rookie extension” adds five years to a rookie`s current contract, and the player who qualifies for this rule must be a qualified veteran free agent at the end of their rookie contract. Steph Curry will renew his contract for his $45.8 million salary for 2021-2022, meaning he is now guaranteed $261 million over the next five seasons. pic.twitter.com/hYiBpI6Eo4 The seven-time All-Star signed a five-year, $201.2 million contract with the Warriors in the 2017 offseason.