Lauri Markkanen

Embed This
Power Forward Age: 26-281d Exp: 6 Years
Drafted: Round 1 (#7 overall), 2017 College: Arizona Agent(s):

 
  •  

    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 2023-24, Markkanen will earn a base salary of $17,259,999, while carrying a cap hit of $17,259,999 and a dead cap value of $17,259,999.

    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 Status Base Salary Likely Incent. Unlikely Incent. Trade Bonus Cap Hit Pct of League Cap Yearly Cash Guaranteed
    2021-22 Contract details by year 24 $15,690,909 - - - $15,690,909 13.96% $15,690,909($15,690,909) $15,690,909
    2022-23 Contract details by year 25 $16,475,454 - - - $16,475,454 13.32% $16,475,454($32,166,363) $16,475,454
    2023-24 Contract details by year 26 $17,259,999 - - - $17,259,999 12.69% $17,259,999($49,426,362) $17,259,999
    2024-25 Contract details by year 27 PART-GTD $18,044,544 - - - $18,044,544 12.31% $18,044,544($67,470,906) $6,000,000
    2025 Free Agent Year 28 UFA  
    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

    Spotrac Premium Tools

    To see the rest of the Lauri Markkanen's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Already Subscribed? Login Here

    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
    2022-23 Player Cash Earnings MIP $16,475,454 - - - $16,475,454
    2023-24 Player Cash Earnings $17,259,999 - - - $17,259,999
    Est. Earnings
    (7 seasons)
    $69,484,755 - - - $69,484,755
    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
    2 seasons Player Cash Earnings $33,735,453 - - - $33,735,453

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

  • Transactions

    Sep 3 2022Traded to Utah (UTA) from Cleveland (CLE) with Collin Sexton , Ochai Agbaji , 2025 1st round pick [unprotected] , 2027 1st round pick [unprotected] , 2029 1st round pick [unprotected] , 2026 1st round pick [UTH right to swap] and 2028 1st round pick [UTH right to swap] for Donovan Mitchell
    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
    10/23/2023 Player contract details by year Technical Foul $2,000 for technical foul during TBD game
    12/21/2018 Player contract details by year Technical Foul $2,000 for technical foul during ORL-CHI game
    - $4,000
  • Statistics

    Season Team Games MPG FG% 3PT% FT% ORB DRB TRB AST STL BLK TOV PT Prod Pts
    2023 UTA 46 32.76 0.491 0.403 0.887 2.33 6.24 8.57 1.89 0.85 0.48 1.30 23.37 37.83
    2022 UTA 66 34.42 0.499 0.391 0.875 1.97 6.67 8.64 1.86 0.64 0.58 1.92 25.62 39.28
    2021 CLE 61 30.77 0.445 0.358 0.868 0.97 4.69 5.66 1.33 0.75 0.49 0.89 14.75 25.14
    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 394 30.88 0.460 0.375 0.863 1.38 5.90 7.28 1.43 0.69 0.51 1.38 18.03 29.94