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NP - Jaylen Brown becomes NBA's first $300 Million Man
Posted on 7/25/23 at 11:37 am
Posted on 7/25/23 at 11:37 am
quote:
Shams Charania @ShamsCharania
BREAKING: Boston Celtics star Jaylen Brown has agreed to a five-year, $304 million supermax contract extension with the franchise, per sources. This is the richest deal in NBA history, negotiated by agent Jason Glushon.
Fully guaranteed, with a trade kicker. No player option.
quote:
Bobby Marks @BobbyMarks42 47m
5
Posted on 7/25/23 at 11:40 am to TigerinATL
Holy shite. That’s a lot of dough for a dude who can’t dribble
Posted on 7/25/23 at 11:40 am to TigerinATL
I really wish we could all just move to the percentage of the cap to discuss contracts, because I still can't wrap my head around these contract values. 
Posted on 7/25/23 at 11:48 am to aswemajor
Damn. Ingram is going to be expensive.
Posted on 7/25/23 at 11:55 am to supe12sta12z
quote:
Damn. Ingram is going to be expensive.
Ingram isn't eligible for the supermax. In August Ingram is eligible for something like $145/3yr which is not bad.
Posted on 7/25/23 at 12:04 pm to Balsamic_duck
Obviously, He's not going to sign an early extension. He's going to wait and have 2 seasons to make an all NBA team. I think he has a good shot if he stays healthy. I see a leap this upcoming season post fiba.
Posted on 7/25/23 at 12:09 pm to TigerinATL
Yikes.
Posted on 7/25/23 at 12:17 pm to TigerinATL
Are they eventually going to be paying guys 150M a year?
This just doesn't seem like a viable business option long-term for a few guys that dribble a ball.
This just doesn't seem like a viable business option long-term for a few guys that dribble a ball.
Posted on 7/25/23 at 12:28 pm to The_Duke
quote:
This just doesn't seem like a viable business option long-term for a few guys that dribble a ball.
These deals are percentages of the cap and they grow at a 8% vs. 10% for the cap. It's like the housing market before the bubble burst in 2008, as long as the cap keeps going up, it will be fine. If some shoe drops, then lots of teams will be upside down on salary and stuck.
I will say that I am a little worried about the next TV deal long term. It's not a given that they'll stick with ESPN/ABC, but Disney is having money troubles so ESPN is exploring giving sports leagues like the NBA possible ownership stakes as part of future TV deals. That sounds like a recipe to not get paid what you were hoping by the end of the deal.
This post was edited on 7/25/23 at 12:29 pm
Posted on 7/25/23 at 1:04 pm to The_Duke
quote:
Are they eventually going to be paying guys 150M a year?
Possibly.
quote:
This just doesn't seem like a viable business option long-term for a few guys that dribble a ball.
Dude, max salaries are based off the cap, which is based off of total revenue. The % are always the same. The salaries increase because revenue is increasing proportionally.
Posted on 7/25/23 at 1:26 pm to Balsamic_duck
quote:I think he became eligible for this in mid-July. Gotta think the Pels have offered. Not sure if he will take it though as it may be better for him to wait.
Ingram isn't eligible for the supermax. In August Ingram is eligible for something like $145/3yr which is not bad.
Posted on 7/25/23 at 1:42 pm to The_Duke
quote:It's essentially getting paid the same exact amount in terms of % of revenues.
Are they eventually going to be paying guys 150M a year?
This just doesn't seem like a viable business option long-term
quote:And in Jaylen Brown's case, guys who can't dribble a ball.
for a few guys that dribble a ball.
Posted on 7/25/23 at 2:08 pm to shel311
Well that's part of it right? No one considers him the best or top 20 player but he's paid the most? Only because it's his turn. I know others will pass him but if he's at 70M you just know it's going to get beyond ridiculous.
Posted on 7/25/23 at 2:15 pm to The_Duke
quote:But that's not new, players have always been getting max deals in the Jaylen Brown talent range.
Well that's part of it right? No one considers him the best or top 20 player but he's paid the most?
quote:Again, it's no more ridiculous that $35mil was when it was the same % of the cap as $70mil.
but if he's at 70M you just know it's going to get beyond ridiculous.
Posted on 7/25/23 at 3:28 pm to TigerinATL
No player should be making 60 mil a year.
Posted on 7/25/23 at 3:36 pm to Chalkywhite84
quote:Why not?
No player should be making 60 mil a year.
If there were no max salaries, a dude like Jokic or Giannis or prime Lebron is easily worth $60mil in today's salary cap times. Or if you have an owner who doesn't mind paying the tax, then you can add a quite a few more dudes who are worth this amount.
The salary cap next season is $136mil. For reference, I pulled a random year, but the cap in just 9 years ago in 2014 was $63 million. That's why I posted early in this thread that it would make more sense if we all used % of the cap to discuss these, because I don't think we, myself included as it trips me up a bit too, fully appreciate how quickly the cap is rising.
This post was edited on 7/25/23 at 3:38 pm
Posted on 7/25/23 at 3:39 pm to shel311
For a frame of reference, in 2028-2029 Jaylen Brown will make $69million.
If we assume 10% cap raises, which is at the very least, a fair assumption, that salary in 2029 will be 31.6% of the cap.
That's the equivalent of making $42mil this season as a % of the cap. Or using my above 2014-2015 example, it's the equivalent of making $20 per year just 9 years ago.
If we assume 10% cap raises, which is at the very least, a fair assumption, that salary in 2029 will be 31.6% of the cap.
That's the equivalent of making $42mil this season as a % of the cap. Or using my above 2014-2015 example, it's the equivalent of making $20 per year just 9 years ago.
Posted on 7/25/23 at 3:40 pm to Chalkywhite84
I am hoping this more of an outlier than the norm. The 2nd best on the team is getting paid over 50 million a year, wth is going on!?
Posted on 7/25/23 at 3:44 pm to JustinT37
Not very many homegrown number 2 guys in the league with his accolades or stats. Most sidekicks nowadays were already established #1 guys who joined a team with a true #1.
Brown's entire career arc has been an outlier.
Brown's entire career arc has been an outlier.
This post was edited on 7/25/23 at 3:45 pm
Posted on 7/25/23 at 3:47 pm to JustinT37
quote:
I am hoping this more of an outlier than the norm. The 2nd best on the team is getting paid over 50 million a year, wth is going on!?
This is the norm. League revenues are rising and the players get 50% of the pie. The chart below is NBA revenue by year in Billions.
LINK
If it looks like player salaries have more than doubled in the last 10 years it's because they have. The new TV deal in a few years is expected to add another $3-$6 billion in revenue per year. So on top of the doubling you can add another 30% to 60% raise to player salary.
This post was edited on 7/25/23 at 3:48 pm
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