The 2021 NBA Free Agency Guide

Scott Allen & Michael Ginnitti
Scott Allen & Michael GinnittiJuly 22, 2021
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© USA TODAY Sports

Upcoming Calendar Dates

7/29: NBA Draft, Draft/Rookie Contract Tracker
8/1: Option decisions are due, qualifying offers must be designated (Options Tracker)
8/2: Free Agent negotiations can begin at 6PM EST (Free Agent Tracker)
8/3: Free Agency Moratorium (12:01AM EST); 1st-Round Picks can sign; Minimum Contracts can be signed; RFA Offer Sheets can be made; 2019 4th year rookie options & 2020 3rd year options can be exercised
8/6: 2021-22 League Year begins; free agent signings & trades can become official; Extensions can be signed; 2-day offer sheet matching clock starts

 

Player Options

Already Decided
Spencer Dinwiddie (BKN), $12,300,000 (declined)
Al-Farouq Aminu (CHI), $10,183,800 (exercised)
Will Barton (DEN), $14,669,642 (declined)
Kevon Looney (GSW), $5,178,572 (exercised)
Norman Powell (POR), $11,615,328 (declined)

July 25
Isaiah Hartenstein (CLE), $1,762,796 (declined, 7/23)

Jul 26
JaMychal Green (DEN), $7,559,748 (declined, 7/23)

Jul 28
Kris Dunn (CHI), $5,005,350
Bryn Forbes (MIL), $2,454,002
Derrick Jones Jr. (POR), $9,720,900

Jul 31
Montrezl Harrell (LAL), $9,720,900

Aug 1
Josh Richardson (DAL), $11,615,328
Serge Ibaka (LAC), $9,720,900
Kawhi Leonard (LAC), $36,016,200
Bobby Portis (MIL), $3,804,150
Chris Paul (PHX), $44,211,146

 

Club Options

Aug 1
Ryan Arcidiacono (CHI), $3,000,000
Willie Cauley-Stein (DAL), $4,100,000
Edmond Sumner (IND), $2,320,000
Avery Bradley (HOU), $5,916,750
Justise Winslow (MEM), $13,000,000
Andre Iguodala (MIA), $15,000,000
Goran Dragic (MIA), $19,440,000
Mitchell Robinson (NYK), $1,802,057
DaQuan Jeffries (SAS), $1,701,593

 

Maximum Salaries

Note: Based on a $112,414,200 salary cap

25% of Cap
YOE: 0-6
Salary: $28,103,500

30% of Cap
YOE: 7-9
Salary: $33,724,200

35% of Cap
YOE: 10+
Salary: $39,344,900

 

Salary Exceptions

Note: Based on a $112,414,000 salary cap

Non-Taxpayer Mid-Level: $9,536,000
Taxpayer Mid-Level: $5,890,000
Bi-Annual: $3,732,000
Room Mid-Level: $4,910,000

 

Minimum Salaries

Note: Based on a $112,414,000 salary cap

YOE

Base Salary

Cap Hit
0 $925,258 $925,258
1 $1,489,065 $1,489,065
2 $1,669,178 $1,669,178
3 $1,729,217 $1,669,178
4 $1,789,256 $1,669,178
5 $1,939,350 $1,669,178
6 $2,089,448 $1,669,178
7 $2,239,544 $1,669,178
8 $2,389,641 $1,669,178
9 $2,401,537 $1,669,178
10+ $2,641,691 $1,669,178

 

Notable Unrestricted Free Agents

DeMar DeRozan (SAS, SG)
Previous AAV: $27,800,000
Previous Cap: $27,739,975
YOE: 12
Projected Maximum Salary (35% of Cap): $39,344,970

Victor Oladipo (HOU, SG)
Previous AAV: $21,250,000
Previous Cap: $21,000,000
YOE: 8
Projected Maximum Salary (30% of Cap): $33,724,260

Norman Powell (POR, SG)
Previous AAV: $10,491,264
Previous Cap: $10,865,952
YOE: 6
Projected Maximum Salary (25% of Cap): $28,103,550

Kyle Lowry (TOR, PG)
Previous AAV: $30,500,000
Previous Cap: $30,500,000
YOE: 15
Projected Maximum Salary (35% of Cap): $39,344,970

Mike Conley (UTH, PG)
Previous AAV: $30,521,116
Previous Cap: $34,502,132
YOE: 14
Projected Maximum Salary (35% of Cap): $39,344,970

Dennis Schröder (LAL, PG)
Previous AAV: $17,500,000
Previous Cap: $16,000,000
YOE: 8
Projected Maximum Salary (30% of Cap): $33,724,260
Note: Declined 4 year, $80 million contract extension from the Lakers

Kelly Oubre Jr. (GSW, SF)
Previous AAV: $15,000,000
Previous Cap: $14,375,000
YOE: 6
Projected Maximum Salary (25% of Cap): $28,103,550

Will Barton (DEN, SF)
Previous AAV: $13,250,000
Previous Cap: $13,723,214
YOE: 9
Projected Maximum Salary (30% of Cap): $33,724,260

Full List of Unrestricted Free Agents

 

Notable Restricted Free Agents

Players that are extended a Qualifying Offer from their current NBA team become Restricted Free Agents. Restricted free agent players may do the following:

i) Sign the Qualifying Offer, which is a 1 year contract, and become an Unrestricted Free Agent the following offseason,
ii) Sign a free agent contract with current team using their rights,
iii) Agree to/sign a free agent contract with another team. Upon agreement with the new team, the current team has two-days to match the contract.

 

Lonzo Ball (NOP, PG)
Previous AAV: $8,367,906
Qualifying Offer Amount: $14,359,935

Lauri Markkanen (CHI, PF)
Previous AAV: $5,097,417
Qualifying Offer Amount: $9,026,952

John Collins (ATL, PF)
Previous AAV: $2,764,966
Qualifying Offer Amount: $7,705,447

Duncan Robinson (MIA, SF)
Previous AAV: $1,030,062
Qualifying Offer Amount: $4,736,102

Gary Trent Jr. (TOR, SG)
Previous AAV: $1,306,392
Qualifying Offer Amount: $4,736,102

Devonte' Graham (CHA, PG)
Previous AAV: $1,356,392
Qualifying Offer Amount: $4,736,102

Jarrett Allen (CLE, C)
Previous AAV: $2,508,646
Qualifying Offer Amount: $7,705,448

Kendrick Nunn (MIA, SG)
Previous AAV: $1,028,483
Qualifying Offer Amount: $4,736,102

Bruce Brown Jr. (BKN, SG)
Previous AAV: $1,306,392
Qualifying Offer Amount: $4,736,102

Full List of Restricted Free Agents

 

Practical Cap Space by Team

Team UFAs RFAs Practical Cap Space
Atlanta Hawks 3 4 $-36,395,709
Boston Celtics 3 2 $-50,007,882
Brooklyn Nets 4 4 $-80,943,598
Charlotte Hornets 3 4 $20,397,559
Chicago Bulls 4 4 $-52,978,814
Cleveland Cavaliers 1 3 $-7,692,807
Dallas Mavericks 4 3 $34,330,552
Denver Nuggets 6 1 $-56,990,557
Detroit Pistons 2 3 $-9,603,392
Golden State Warriors 3 1 $-96,979,554
Houston Rockets 5 5 $-60,385,317
Indiana Pacers 3 1 $-32,519,460
Los Angeles Clippers 4 1 $-52,385,374
Los Angeles Lakers 7 3 $-58,186,275
Memphis Grizzlies 1 1 $22,774,192
Miami Heat 4 4 $20,483,041
Milwaukee Bucks 3 2 $-58,109,132
Minnesota Timberwolves 1 2 $-60,859,932
New Orleans Pelicans 2 3 $-51,796,201
New York Knicks 6 3 $51,312,098
Oklahoma City Thunder 1 4 $37,480,948
Orlando Magic 5 2 $-50,224,123
Philadelphia 76ers 3 2 $-58,934,101
Phoenix Suns 5 0 $-26,812,281
Portland Trail Blazers 6 2 $-55,173,736
Sacramento Kings 3 3 $-15,130,784
San Antonio Spurs 4 2 $48,948,260
Toronto Raptors 3 2 $23,069,857
Utah Jazz 3 3 $-72,064,957
Washington Wizards 5 3 $-67,424,612

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