The 2021 NBA Free Agency Guide

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

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