Marcus Smart‘s new deal with the Celtics will increase in value each season, beginning with an approximate salary of $11.7MM in 2018/19 and ending with a salary of nearly $14.4MM in 2021/22, per Eric Pincus of Basketball Insiders.
The total value of the contract is $51,999,900, $100 shy of the reported value of $52MM, and it is fully guaranteed with no options.
Here are a few more details on contracts signed this summer, courtesy of Pincus:
- The Spurs‘ agreement with Rudy Gay is worth $10,087,200, the highest allowable salary San Antonio was permitted to pay him via his non-Bird rights (Twitter link).
- Ersan Ilyasova‘s new deal with the Bucks will pay him an even $7MM over three seasons, with a yet-to-be determined guarantee amount and date on year three.
- The agreement between Jerami Grant and the Thunder is worth just shy of $27.4MM, with a player option valued at approximately $9.3MM for the 2020/21 season.