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FORMULA 1
- PVF
- OLYMPICS
All-NBA Financial Ramifications
With the NBA regular season winding down, some attention can turn to which players are trending toward All-NBA selections in the coming weeks. How does this have financial relevancy? Certain young superstars will become extension eligible this summer, and an All-NBA birth this spring will mean an extensive pay raise over what can currently be offered. The same can be said for a few players who agreed to extensions this past fall, but could see an adjustment with an All-NBA selection. We’ll detail a few of those names here.
Related: Criteria for a “SuperMax” Extensions
Note: All of the numbers for this article assume 3% league cap increases each of 2021, 2022, & 2023, with a projected cap maximum landing at $119M cap in 2023-24.
Potential Supermax Extensions
Luka Doncic, 22, G, DAL
Doncic will become extension eligible after the current season. With a $10.2M salary locked in for the 2021-22 campaign, the Mavericks can offer Luka a maximum 5 year extension, starting in the 2022-23 season. Having been awarded an All-NBA 2nd-team selection after the 2019-20 season, Doncic can lock in a 30% Rookie Supermax extension with another All-NBA selection after this season, adding over $33M to his potential payout.
Without All-NBA: 5 years, $168M
With All-NBA: 5 years, $201.5M
Joel Embiid, 27, C, PHI
Embiid has 2 years, $65.2M remaining on his current contract with the 76ers, but is eligible to pen an extension this summer. An All-NBA birth this year gives him the ability to sign a 35% Super Max extension, which would tack on 4 years, $187M to his already locked in $62.5M. With his injury history, if Philly is offering the SuperMax extension, Embiid should take it.
Without All-NBA: 4 years, $160M
With All-NBA: 4 years, $187M
Zach LaVine, 26, SG, CHI
LaVine has 1 year, $19.5M left on his current deal with the Bulls, setting himself up for a monster extension this offseason. He’s a fringe All-NBA candidate this season, but at least in the conversation. If he gets the nod, he becomes eligible for a 35% supermax extension, increasing his max value from a 4 year $104M contract , to 5 years, $235M.
Without All-NBA: 4 years, $104M
With All-NBA: 5 years, $235M
Nikola Jokic, 26, C, DEN
Joker isn’t eligible for an extension until after the 2021-22 season, but an All-NBA birth this spring would cement his ability to sign a 35% SuperMax at that time, which means $242M over 5 years, instead of $201.5M
Rookie Extensions
Jayson Tatum, 23, PF, BOS
Signed a 5 year $163 Million maximum rookie contract extension during the 2020 offseason. If he grabs an All-NBA birth this spring, that deal will automatically update to 5 years, $195.6M. His 2021-22 cap figure with the Celtics will increase from $28.1M, to $33.7M.
Donovan Mitchell, 24, SG, UTH
Signed a 5 year $163 Million maximum rookie contract extension during the 2020 offseason. If he grabs an All-NBA birth this spring, that deal will automatically update to 5 years, $195.6M. His 2021-22 cap figure with the Jazz will increase from $28.1M, to $33.7M.
Bam Adebayo, 23, PF, MIA
Signed a 5 year $163 Million maximum rookie contract extension during the 2020 offseason. If he grabs an All-NBA birth this spring, that deal will automatically update to 5 years, $195.6M. His 2021-22 cap figure with the Heat will increase from $28.1M, to $33.7M.
De’Aaron Fox, 23, PG, SAC
Signed a 5 year $163 Million maximum rookie contract extension during the 2020 offseason. Fox’s contract has language based on All-NBA team.
1st Team All-NBA: 5 years, $195.6M ($33.7M 21-22 cap hit)
2nd Team All-NBA: 5 years, $182.6M ($31.4M 21-22 cap hit)
3rd Team All-NBA: 5 years, $169.5M ($29.2M 21-22 cap hit)
No All-NBA: 5 years, $163M ($28.1M 21-22 cap hit)
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AUTHORS
- Michael Ginnitti NFL, MLB
- Keith Smith NBA
- Scott Allen Contributor
- Taylor Vincent NWSL
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