The NBA’s annual deadline for rookie scale contract extensions passed today, and for the second straight year, the market for those rookie scale extension was somewhat slow.
From 2012 to 2016, a total of 38 players signed rookie scale extensions before the October deadline, an average of nearly eight per year. However, only four players signed early deals in 2017 and five did so this year.
[RELATED: Recent NBA Rookie Scale Extension History]
Here’s a breakdown of the five rookie scale extensions agreed upon before this year’s deadline, sorted by total value. These deals will go into effect beginning in 2019/20:
- Karl-Anthony Towns (Timberwolves): Five years, maximum salary (story).
- Devin Booker (Suns): Five years, maximum salary (story).
- Myles Turner (Pacers): Four years, $72MM (story). Includes $8MM in unlikely incentives.
- Larry Nance Jr. (Cavaliers): Four years, $44.8MM (story).
- Justise Winslow (Heat): Three years, $39MM (story). Third-year team option.
While there weren’t a ton of rookie scale extensions completed this year, a pair of maximum salary deals were agreed upon, with both Towns and Booker set to receive starting salaries worth at least 25% of the cap in 2019/20.
Based on the NBA’s latest cap projections, a 25% maximum salary extension for Booker and Towns would work out to $158,050,000 over five years, but both players could end up making out far better than that.
Towns’ deal calls for him to earn a starting salary of 30% of the cap if he makes an All-NBA team in 2018/19. Meanwhile, Booker will get a starting salary worth 27.5% of the cap if he makes the All-NBA Third Team, 28.5% if he’s named to the Second Team, and 30% for a First Team spot. In other words, both players could be in line for a projected $189,660,000 over five years.
With Towns, Booker, Turner, Nance, and Winslow locked up to new contracts, that leaves the following players, who had been eligible for rookie scale extensions, on track to be eligible for restricted free agency in 2019:
- Justin Anderson (Hawks)
- Willie Cauley-Stein (Kings)
- Sam Dekker (Cavaliers)
- Jerian Grant (Magic)
- Rondae Hollis-Jefferson (Nets)
- Stanley Johnson (Pistons)
- Tyus Jones (Timberwolves)
- Frank Kaminsky (Hornets)
- Trey Lyles (Nuggets)
- Jarell Martin (Magic)
- Emmanuel Mudiay (Knicks)
- Kelly Oubre Jr. (Wizards)
- Cameron Payne (Bulls)
- Bobby Portis (Bulls)
- Kristaps Porzingis (Knicks)
- Terry Rozier (Celtics)
- D’Angelo Russell (Nets)
- Delon Wright (Raptors)
Meanwhile, there are a few other members of the 2015 rookie class who were first-round picks that year but weren’t eligible for extensions this offseason. These players had previously been waived, had one of their team options declined, or didn’t sign rookie contracts in 2015. Here are those players:
- Mario Hezonja: Fourth-year option declined in 2017.
- R.J. Hunter: Waived in 2016.
- Kevon Looney: Fourth-year option declined in 2017.
- Chris McCullough: Fourth-year option declined in 2017.
- Nikola Milutinov: Has yet to sign rookie contract.
- Jahlil Okafor: Fourth-year option declined in 2017.
- Rashad Vaughn: Fourth-year option declined in 2017.
Photo courtesy of USA Today Sports Images.