Lauri Markkanen

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Power Forward Age: 24-205d Exp: 4 Years
Drafted: Round 1 (#7 overall), 2017 College: Arizona Agent(s):

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Cavaliers – The Athletic

  • Current Contract

    Lauri Markkanen signed a 4 year / $67,470,906 contract with the Chicago Bulls, including $55,426,362 guaranteed, and an annual average salary of $16,867,727. In 2021-22, Markkanen will earn a base salary of $15,690,909, while carrying a cap hit of $15,690,909 and a dead cap value of $15,690,909.

    Non-Guaranteed
    Contract: 4 yr(s) / $67,470,906
    Average Salary: $16,867,727
    Guaranteed at Signing $55,426,362
    Signed Using: Sign And Trade/Bird
    Free Agent: 2025 / UFA
    Year   Age Base Salary Likely Incent. Unlikely Incent. Trade Bonus Cap Hit Yearly Cash Guaranteed
    2021-22 Contract details by year 24 $15,690,909 - - - $15,690,909 $15,690,909($15,690,909) $15,690,909
    2022-23 Contract details by year 25 $16,475,454 - - - $16,475,454 $16,475,454($32,166,363) $16,475,454
    2023-24 Contract details by year 26 $17,259,999 - - - $17,259,999 $17,259,999($49,426,362) $17,259,999
    2024-25 Contract details by year 27 $18,044,544 - - - $18,044,544 $18,044,544($67,470,906) $6,000,000
    2025 Free Agent Year 28 UFA  
    Trade Restriction: This player cannot be traded until Dec 15, 2021.
    Contract Notes:
    • $55,426,362 guaranteed at signing (2021-22 salary + 2022-23 salary + 2023-24 salary + $6M 2024-25 salary)
    • 2024-25: $6,000,000 guaranteed, fully guaranteed later of 1 day after 2024 NBA Draft or 2 days prior to start of 2024 Moratorium
    Sources: Spotrac

    Previous Contracts

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    2017-2020Entry Level

    Contract: 4 yr(s) / $20,389,668
    Average Salary: $5,097,417
    Guaranteed at Signing $8,357,760
    Signed Using: Entry Level/Rookie
    Free Agent: 2021 / RFA
  • Estimated Career Earnings

    A look at the calculated cash earnings for Lauri Markkanen, including any upcoming years.

    Year Team Awards Salary Signing Bonus Incentive Trade Kicker Total Cash
    2017-18 Player Cash Earnings $3,821,640 - - - $3,821,640
    2018-19 Player Cash Earnings $4,536,120 - - - $4,536,120
    2019-20* Player Cash Earnings $4,969,125 - - - $4,969,125
    2020-21 Player Cash Earnings $6,731,508 - - - $6,731,508
    2021-22 Player Cash Earnings $15,690,909 - - - $15,690,909
    Est. Earnings
    (5 seasons)
    $35,749,302 - - - $35,749,302
    2022-23 Player Cash Earnings $16,475,454 - - - $16,475,454
    2023-24 Player Cash Earnings $17,259,999 - - - $17,259,999
    2024-25 Player Cash Earnings $18,044,544 - - - $18,044,544
    $87,529,299 - - - $87,529,299
    Seasons Team Salary Signing Bonus Incentive Trade Kicker Total Cash
    4 seasons Player Cash Earnings $20,058,393 - - - $20,058,393
    1 seasons Player Cash Earnings $15,690,909 - - - $15,690,909

    * earnings may include deduction of original cashed earned due to shortened season

  • Transactions

    Aug 28 2021Traded to Cleveland (CLE) from Chicago (CHI) as part of a 3-team trade: Cleveland (CLE) traded Larry Nance Jr. to Portland (POR); Portland (POR) traded Derrick Jones Jr., 2022 1st round pick and 2023 2nd round pick to Chicago (CHI)
    Aug 28 2021Signed a 4 year $67.47 million contract with Chicago (CHI) as part or a Sign-and-Trade with Cleveland (CLE)
    Jul 30 2021Chicago (CHI) extended $9.03 million Qualifying Offer; becomes Restricted Free Agent
    Oct 21 2019Chicago (CHI) exercised $6.73 million option for 2020-21
    Dec 21 2018Fined $2,000 for technical foul during ORL-CHI game
    Oct 30 2018Chicago (CHI) exercised $5.3 million option for 2019-20
    Jul 5 2017Signed a 4 year $20.39 million rookie scale contract with Chicago (CHI)
    Jun 22 2017Traded to Chicago (CHI) from Minnesota (MIN) with Zach LaVine and Kris Dunn for Jimmy Butler and Justin Patton
    Jun 22 2017Drafted by Minnesota (MIN): Round 1 (#7 overall)
  • Fines & Suspensions

    A look at the reported fines & suspensions for Lauri Markkanen, and the financial implications.

    Date Team Category Games Susp. Forfeited Reason
    12/21/2018 Player contract details by year Technical Foul $2,000 for technical foul during ORL-CHI game
    - $2,000
  • Statistics

    Season Team Games MPG FG% 3PT% FT% ORB DRB TRB AST STL BLK TOV PT Prod Pts
    2021 CLE 16 31.81 0.406 0.333 0.861 1.31 4.81 6.13 1.19 0.81 0.56 0.69 14.56 25.76
    2020 CHI 51 25.82 0.480 0.402 0.826 0.69 4.57 5.25 0.88 0.51 0.29 1.02 13.63 21.85
    2019 CHI 50 29.82 0.425 0.344 0.824 1.20 5.06 6.26 1.48 0.84 0.46 1.62 14.74 25.45
    2018 CHI 52 32.35 0.430 0.361 0.872 1.42 7.62 9.04 1.44 0.71 0.63 1.63 18.73 32.80
    2017 CHI 68 29.71 0.434 0.362 0.843 1.16 6.31 7.47 1.16 0.59 0.59 1.22 15.19 27.03
    Totals 237 29.62 0.437 0.364 0.846 1.14 5.86 6.99 1.23 0.67 0.51 1.32 15.49 26.76