NBA 2020-21: Latest Updates on how much NBA players will earn with their new contracts. Lots of NBA players have changed teams. The NBA trade window, NBA Draft, NBA Free Agency commenced back-to-back with a gap of just 2 days. Find all about the new contracts signed by the players in their current or their new team here.
The NBA also announced that the 2020-21 season will commence on the 22nd of December and 72 games will be played.
The league also announced a tentative calendar and introduced a new format for the new season to decide which teams will make the NBA playoffs.
Also Read: 5 big changes NBA made in the 2020-21 season format
The NBA trade moratorium period was lifted 2 days prior to the NBA Draft, on the 16th of November. There will be pre-season games from the 11th of December to the 19th of December prior to the start of the 2020-21 season.
We have seen the likes of Chris Paul move to the Phoenix Suns, Gordon Hayward to Charlotte Hornets, and Montrezl Harris shifting from LA Clippers to the LA Lakers.
Latest contract details of NBA players, according to Keith Smith:
Willie Cauley-Stein in the Dallas Mavericks
The Dallas Mavericks used part of the Non-Taxpayer MLE to sign Willie Cauley-Stein to a two-year contract:
2020-21: $4,100,000
2021-22: $4,100,000 (team option)
Tyrell Terry in the Dallas Mavericks
The Dallas Mavericks used part of the Non-Taxpayer MLE to sign Tyrell Terry to a four-year contract, with additional money in Year 1:
2020-21: $1,289,846
2021-22: $1,517.981
2022-23: $1,782,621
2023-24: $1,930,681 (team option)
Juancho Hernangomez in the Minnesota Timberwolves:
Juancho Hernangomez’ new deal with the Minnesota Timberwolves has a non-guaranteed final season:
2020-21: $6,493,000
2021-22: $7,012,440
2022-23: $7,531,880
2022-23 is non-guaranteed, becoming fully guaranteed on 6/30/22.
Marcus Morris in the LA Clippers:
Marcus Morris’ new contract with the LA Clippers is fully guaranteed for four years.
2020-21: $14,883,721
2021-22: $15,627,907
2022-23: $16,372,093
2023-24: $17,116,279
Malik Beasley in the Minnesota Timberwolves:
Restricted free agent Malik Beasley (@Mbeasy5) has agreed to a four-year, $60M deal to return to the Minnesota Timberwolves, his agent Brian Jungreis told @TheAthleticNBA @Stadium.
— Shams Charania (@ShamsCharania) November 21, 2020
The Minnesota Timberwolves have a team option on the final season of Malik Beasley’s new 4-year contract:
2020-21: $13,325,895
2021-22: $14,391,964
2022-23: $15,458,035
2023-24: $16,524,106 (team option)
LA Lakers dismiss stretching Quinn Cook’s salary:
I’m so happy that the @Lakers resigned Kentavious Caldwell-Pope to a 3-year deal because he earned it. He played such an important role and played great on both ends of the court for the Lakers during the Finals.
— Earvin Magic Johnson (@MagicJohnson) November 24, 2020
NBA 2020-21: Kentavious Caldwell-Pope in the LA Lakers:
Lakers and Kentavious Caldwell-Pope got creative on his new 3-year contract:
2020-21: $12,073,020
2021-22: $13,038,862
2022-23: $14,004,703
2022-23 is guaranteed for $4,888,118, becoming fully guaranteed if Caldwell-Pope is not waived on/before the 28th of June, 2022. No options for the team or player this time around!
Fred VanVleet in the Toronto Raptors:
Fred VanVleet’s 4-year deal with Toronto includes a dip for 2021-22.
2020-21: $21,250,000
2021-22: $19,675,926
2022-23: $21,250,000
2023-24: $22,824,074 (player option)
NBA 2020-21: Danilo Gallinari in the Atlanta Hawks:
Danilo Gallinari has some non-guaranteed money (previously reported) at the end of his three-year deal with the Hawks:
2020-21: $19,500,000
2021-22: $20,475,000
2022-23: $21,450,000
Final season is $5M guaranteed, becoming fully guaranteed if he’s not waived on/before 6/29/22.
Chris Boucher in the Toronto Raptors:
Chris Boucher’s deal with the Toronto Raptors includes a non-guaranteed second season.
2020-21: $6,500,000
2021-22: $7,020,000
2021-22 will become guaranteed if Boucher is not waived on/before 2 days after the 2021 moratorium.
NBA 2020-21: Furkan Korkmaz in the Philadelphia 76ers:
Furkan Korkmaz’s contract with the Philadelphia 76ers became fully guaranteed for the 2020-21 season yesterday.
He’s on the Sixers books for $1,762,796.
Steve Adams in the New Orleans Pelicans:
The contract values for Steven Adams’ extension with the New Orleans Pelicans are:
Adams just finished the third year of a four-season, $100 million contracts. He is owed $27.5 million going in 2020-21.
2021-22: $17,073,171
2022-23: $17,926,829
Adams has a new 7.5% trade bonus on the extension. He previously had a 7.5% trade bonus but is expired upon his trade from the Thunder to the Pelicans.
@MiamiHEAT Family 😘 pic.twitter.com/MlFo6djUsC
— Goran Dragić (@Goran_Dragic) November 20, 2020
NBA 2020-21: Bol Bol in the Denver Nuggets:
Bol Bol got part of the Non-Taxpayer MLE from the Denver Nuggets for his two-year contract:
2020-21: $2,058,240
2021-22: $2,161,152
Both years are fully guaranteed.
Christian Wood in the Houston Rockets:
Christian Wood’s deal with the Houston Rockets (via Sign and Trade) is fully guaranteed for three years:
2020-21: $13,015,874
2021-22: $13,666,667
2022-23: $14,317,459
NBA 2020-21: Goran Dragic in the Miami Heat:
Goran Dragic’s contract with the Miami Heat is for 2 years:
2020-21: $18,000,000
2021-22: $19,440,000 (team option)
The second year of Dragic’s deal is not guaranteed, preserving the Heat’s flexibility for free agency in 2021-22. Last season Dragic averaged 16.2 points, 5.1 assists, and 3.2 rebounds in 59 regular-season games, shooting 44.1% from the field and 36.7% from the 3-point line.
Also Read: 5 Biggest moves in the NBA Free Agency 2020 since it started
Rodney Hood in the Portland Trail Blazers:
Rodney Hood’s contract with the Portland Trail Blazers is for 2 years:
2020-21: $10,047,450
2021-22: $10,851,246
2021-22 is non-guaranteed. It becomes fully guaranteed if Hood is not waived on or before the 23rd of June, 2021. Portland protects themselves while giving Hood a nice bump for 2020-21.
NBA 2020-21: De’Anthony Melton in the Memphis Grizzlies:
De’Anthony Melton’s deal with the Memphis Grizzlies is a descending contract:
2020-21: $9,571,712
2021-22: $8,805,976
2022-23: $8,250,000
2023-24: $8,000,000
Final year is $1,500,000 guaranteed. It becomes fully guaranteed if Melton is not waived on/before the 3rd of August 2023.
DeAndre’ Bembry in the Toronto Raptors:
DeAndre’ Bembry’s contract with Toronto is for two years at the minimum. The second season is non-guaranteed and will become fully guaranteed 4 days after the 2021 moratorium.
John Kochar in the Memphis Grizzlies:
John Konchar’s 4-year contract with the Memphis Grizzlies is a bit interesting:
2020-21: $2.1M
2021-22: $2.2M
2022-23: $2.3M
2023-24: $2.4M
2022-23 is guaranteed for $840K, becoming fully guaranteed on the 3rd of August, 2023. 2023-24 is non-guaranteed.
Free agent guard Joe Harris has agreed to a four-year, $75M deal to return to the Brooklyn Nets, his agent Mark Bartelstein @PrioritySports tells ESPN.
— Adrian Wojnarowski (@wojespn) November 21, 2020
NBA 2020-21: Joe Harris in the Brooklyn Nets
Joe Harris’ new deal with the Brooklyn Nets is for 4 years:
2020-21: $16,071,429
2021-22: $17,357,143
2022-23: $18,642,857
2023-24: $19,928,571
Each season contains $500,000 in bonuses linked to games played, playoff games played, and team performance.
Also Read: Steve Adams and Eric Bledsoe head to New Orleans Pelicans in a 4-team trade
Davis Bertans in the Washington Wizards:
Davis Bertans’ new 5-year, $80m deal with the Wizards has some protection at the end:
2020-21: $15M
2021-22: $16M
2022-23: $16M
2023-24: $17M
2024-25: $16M
Bertans has an Early Termination Option for 2024-25.
2024-25 is guaranteed for $5M, becoming fully guaranteed if he plays in 75% of games in 23-24.
NBA 2020-21: Jordan Clarkson in the Utah Jazz:
Jordan Clarkson’s new 4-year contract with the Utah Jazz:
2020-21: $11,500,000
2021-22: $12,420,000
2022-23: $13,340,000
2023-24: $14,260,000 (player option)
Pat Connaughton in the Milwaukee Bucks:
The Bucks used Pat Connaughton’s Early Bird rights to re-sign him to a three-year deal: 2020-21: $4,938,273
2021-22: $5,333,334
2022-23: $5,728,393 (player option)
Also Read: Grading the top 3 biggest trades in the NBA Free Agency 2020
The tentative NBA 2020-21 schedule:
• Dec. 11-19, 2020: Preseason games
• Dec. 22, 2020 – March 4, 2021: First Half of regular season
• March 5-10, 2021: All-Star break
• March 11 – May 16, 2021: Second Half of regular season
• May 18-21, 2021: Play-In Tournament
• May 22 – July 22, 2021: 2021 NBA Playoffs
