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Monday, April 22, 2024

Celtics Jaylen Brown signs the richest deal in NBA history

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According to Shams Charania, Jaylen Brown has signed a supermax extension with the Boston Celtics worth $304 million over five years. The Jaylen Brown contract is now the richest in NBA history and is completely guaranteed.

The deal also includes a trade kicker, but the final year will not have a player option. Brown’s last contract was below both his max and his market value, but his All-NBA Honors this season made him eligible for the supermax extension. Negotiations for the contract took most of July, but both sides were able to agree on important terms.

Brown secured a fully guaranteed deal with a trade kicker, while Boston got an extra year of team control by denying him a player option in the final year of the deal.

The contract will pay Brown an average of $60,746,978.20 per year, with a total of $303,734,891 based on the assumed 10% growth in the salary cap.

Right now, the agreement stands as the priciest deal ever made in NBA history. With the salary cap predicted to increase by 10% (the highest allowable under the CBA), Brown is set to receive a total of $303,734,891, which averages $60,746,978.20 per year. The yearly salary breakdown does not include the potential trade kicker.

Brown’s NBA contract is currently one of the most expensive in the history of the league, but it is important to remember that these titles are often fleeting. With a new TV deal on the horizon and revenue reaching unprecedented heights, the cap is expected to increase by 10% each year in the foreseeable future. This means that max contracts will be tied to the cap, with the highest starting salary for most players being 35% of the cap.

Notably, Brown’s teammate Jayson Tatum is expected to be eligible for a comparable contract next season that will surpass Brown’s current contract.

Contact multi-media staff writer Noral Parham III at (317)-762-7846 or via email at noralp@indyrecorder.com. Follow him on Twitter @NoralParham.


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