First-round picks sign a four rookie-scale contract in the NBA, but only the first two seasons are locked in. The third and fourth are team options. The options for the 2021 and 2022 draft classes need to be decided by October 31. For most teams, the options are simple clerical decisions. The Toronto Raptors [Read More]

The following is the 2023-24 Minimum Salary Scale: YOS Year 1 Year 2 Year 3 Year 4 Year 5 0 $1,119,563         1 $1,801,769 $1,891,857       2 $2,019,706 $2,120,693 $2,221,677     3 $2,092,354 $2,196,970 $2,301,587 $2,406,205   4 $2,165,000 $2,273,252 $2,381,501 $2,489,752 $2,598,003 5 $2,346,614 $2,463,946 $2,581,276 $2,698,607 [Read More]

The following is the 2023-24 NBA Rookie Scale: Pick 2023-24 2024-25 2025-26 2026-27 Qualifying Offer 1 $10,133,900 $10,640,800 $11,147,400 26.1% 40% 2 $9,067,000 $9,520,500 $9,974,000 26.2% 40.5% 3 $8,142,400 $8,549,300 $8,956,700 26.4% 41.2% 4 $7,341,100 $7,708,300 $8,075,500 26.5% 41.9% 5 $6,647,900 $6,980,000 $7,312,500 26.7% 42.6% 6 $6,037,900 $6,339,800 $6,641,900 26.8% 43.4% 7 $5,511,900 $5,787,700 [Read More]

Teams have until one day before the start of the 2023-24 regular season to issue extensions to the rookie-scale class of 2020. The top 30 picks can extend or wait until restricted free agency next July. Some will expect max extensions; others will be happy just to lock in longer deals at good money. [Read More]

The 2022-23 season will officially end when the clock clicks from June 30 to July 1. At that moment, players (whose contracts have expired) will become free agents. Many will be unrestricted and able to sign with any NBA franchise willing to offer a contract. Some will be restricted free agents, giving the original [Read More]