October 18th was the deadline for 2018 1st round picks to lock in a rookie extension before the start of the upcoming season. For those who didn't extend, the next available opportunity to do so now becomes via free agency after July 1st 2022, the beginning of the next league year.

In total, 11 of the 30 eligible draft picks locked into future contracts, ranging from Luka Doncic's $207M SuperMax, to Grayson Allen's $18.7M bridge upgrade. The 11 new deals is up from 10 last fall, 10 in 2019, and just 5 in 2019.

Total extensions: 11 of 30 eligible players
Total Max Value (if all incentives met): $1,151,660,000
Total Practical Value (Base salaries + LTBE incentives): $1,144,810,000
Total Guaranteed at Signing:  $1,093,090,000

Related Links:
2018 NBA Draft Tracker
Upcoming NBA Extensions

 

Extension Details

3. Luka Doncic
Team: Dallas Mavericks
Terms: 5 year, $207,060,000
Guaranteed at Signing: $207,060,000 (at minimum)
Average: $41,412,000
2022-23 Salary: $35,700,000 (estimate)

  • Contract is an estimate due to language allowing the first year salary to be determined based on 30% of League Cap in 2022-23 season.
  • 15% Trade Bonus

 

4. Jaren Jackson Jr.
Team: Memphis Grizzlies
Terms: 4 year, $104,720,000
Guaranteed at Signing: $104,720,000
Average: $26,180,000
2022-23 Salary: $28,946,605

 

5. Trae Young
Team: Atlanta Hawks
Terms: 5 year, $172,550,000
Guaranteed at Signing: $172,550,000 (at minimum)
Average: $34,510,000
2022-23 Salary: $29,750,000 (estimate)

  • Contract is an estimate due to language allowing the first year salary to be determined based on 25% of League Cap in 2022-23 season.
  • If All-NBA status is achieved, first year salary will be determined based on 30% of the League Cap in 2022-23 raise the estimated contract value to 5 years, $207 million
  • 2025-26 Early Termination Option
  • 15% Trade Bonus

 

7. Wendell Carter Jr.
Team: Orlando Magic (drafted by Chicago)
Terms: 4 year, $50,000,000
Guaranteed at Signing: $50,000,000
Average: $12,500,000
2022-23 Salary: $14,150,000

  • Salaries are decreasing over the length of the contract, finishing with $10,850,000 in 2025-26 season.

 

10. Mikal Bridges
Team: Phoenix Suns
Terms: 4 year, $90,900,000
Guaranteed at Signing: $90,900,000
Average: $22,725,000
2022-23 Salary: $22,725,000

 

11. Shai Gilgeous-Alexander
Team: Oklahoma City Thunder
Terms: 5 year, $172,550,000
Guaranteed at Signing: $172,550,000 (at minimum)
Average: $34,510,000
2022-23 Salary: $29,750,000 (estimate)

  • Contract is an estimate due to language allowing the first year salary to be determined based on 25% of League Cap in 2022-23 season.
  • If All-NBA status is achieved, first year salary will be determined based on 30% of the League Cap in 2022-23 raise the estimated contract value to 5 years, $207 million
  • 15% Trade Bonus

 

14. Michael Porter Jr.
Team: Denver Nuggets
Terms: 5 year, $172,550,000
Guaranteed at Signing: $145,280,000 (at minimum)
Average: $34,510,000
2022-23 Salary: $29,750,000 (estimate)

  • Contract is an estimate due to language allowing the first year salary to be determined based on 25% of League Cap in 2022-23 season.
  • 2026-27 season: Partially guaranteed
  • (i) $12 million of the $39.27 million is guaranteed at signing.
  • (ii) $17 million becomes guaranteed if earns All-Star status in any of the 2021-22 through 2025-26 seasons.
  • (iii) Fully guaranteed based on performance metrics and awards that can be triggered prior to the 2026-27 season.

 

19. Kevin Huerter
Team: Atlanta Hawks
Terms: 4 year, $65,000,000
Guaranteed at Signing: $65,000,000
Average: $16,250,000
2022-23 Salary: $14,508,929

 

21. Grayson Allen
Team: Milwaukee Bucks (drafted by Memphis)
Terms: 2 year, $18,700,000
Guaranteed at Signing: $17,000,000
Average: $9,350,000
2022-23 Salary: $8,500,000

  • Maximum value could reach $19,550,000 if all incentives are achieved.
  • Total incentives: $2,550,000 (Annual Likely-to-be-earned: $850,000; Annual Unlikely-to-be-earned: $425,000 - at time of signing)

 

26. Landry Shamet
Team: Phoenix Suns (drafted by Los Angeles Clippers via Brooklyn)
Terms: 4 year, $42,500,000
Guaranteed at Signing: $19,750,000
Average: $10,625,000
2022-23 Salary: $9,500,000

  • 2024-25: non-guaranteed salary
  • 2025-26: Club Option/non-guaranteed salary

 

27. Robert Williams III
Team: Boston Celtics
Terms: 4 year, $48,000,000
Guaranteed at Signing: $48,000,000
Average: $12,000,000
2022-23 Salary: $10,714,287

  • Maximum value could reach $54,000,000 if all incentives are achieved.
  • Total incentives: $6,000,000 - Annual escalating incentives for games played + playoffs thresholds (all deemed unlikely at signing) 

 

Notable Players Without Extensions

1. Deandre Ayton, PHX
2. Marvin Bagley III, SAC
8. Collin Sexton, CLE
12. Miles Bridges, CHA
17. Donte DiVincenzo, MIL

Related Links:
2018 NBA Draft Tracker
Upcoming NBA Extensions

 

NBA Rookie Extension 2018 NBA Draft Class