And yet he was an All-Star in his last three seasons with the Hornets and then did it again in his first season with the Celtics, his current team. And is frankly very straightforward. It takes money to afford a veteran who is a future Hall of Famer. Let’s review all the numbers. Confusingly, this is not the designated rookie scale extension (which allows for a longer term but not higher pay). However, he has since been traded to the Pistons. That very quickly makes that projected $18 million to sign one or two players go from a reasonable amount that might be enough to hold onto a key player or a couple solid depth pieces, to an amount ($12 million) likely not enough for either of those things. January 1, 2021 January 1, 2021. They’ll also be in their prime, rather than still developing or already declining. He's also the owner of a new contract for five years and almost $190 million. Here are the the early max-salary projections for 2021-22: A player re-signing with his own team (8% annual raises, up to five years): The “6 years or less” column here is what the new extensions for Tatum, Mitchell, Adebayo and Fox will look like if none of them make All-NBA Teams in 2021. According to Siegel, Siakam is set to earn $129 million over the next four years if he doesn't make an All-NBA Team or makes the All-NBA Third Team this season. But that would also drop the cap next year, and therefore drop Pascal’s salary, and drop the values of the minimum salaries, and the rookie scale deals, and the max salaries for any free agents that summer, and so on. And there is the rub for Pascal. Pascal is locked into a very big payday for a term that guarantees him security and also lines him up to receive an even bigger payday, having not even stepped on the court this season. The real concern for the Raptors was not summer 2020, but summer 2021. If the cap in 2021 drops to $105 million, and the 2020 cap drops to $99 million, the immediate effect is that the Raptors lose $18 million in cap room in that key summer. 11 mins read. He just signed a brand-new extension with a team that owned his Bird rights, which means Portland could pay him more money than any team could pay a player previously. Always free! His first deal he signed was a steal because there were worries about his ankles. He’s an elite shooter and scorer who has made four All-NBA teams already. On the other hand, he’s still an All-Star-level player, which is why the Suns were willing to trade for him. The Raptors lock in their young star long term, with no option years to worry about, and cap his earnings at a number they project to be able to fit, without risking a great performance from Siakam further increasing his cost to the team, unless he really does launch himself into Kawhi Leonard-esque heights — an outcome the team would surely be delighted with. Wall has not returned to the court since December 2018, but he’s still getting paid a ton of cash, nearly $43 million. Here’s what we’ve learned from the team so far. Technically, we are still in the 2019-20 season, so any trades on the night of the NBA Draft (on October 16) will use slightly differeant salaries. However, it seems like the 31-year-old may have finally found his home in Miami. You may quibble with how Davis got himself out of New Orleans, but the results were just what the Brow wanted. During the 2018-19 season it was a season-ending heel injury, and then he tore his Achilles tendon at home while recovering from that injury. The Raptors have started the 2020-21 season with three straight losses. Yes, he’s extremely hesitant to shoot threes. He is the worst defender of the bunch as it stands. With James now 36, Davis is the future of this franchise. And so on. He has three years and $59 million left on the $126 million, six-year deal he signed with the Cubs before the 2018 season. Kawhi has played things pretty perfectly. When the NBA confirmed its salary cap data for the 2020-21 season on Nov. 10, the league also updated its cap estimates for future seasons. Plus, he’s normalized “load management” and yet he’s still getting over $34 million per season. Kyrie is polarizing, both in his play and in his personality. ... Pascal Siakam’s struggles are overshadowing Kyle Lowry’s continued brilliance. For now, we’re basing our maximum-salary estimates on a 3% increase from this year’s $109,140,000 salary cap, since the NBA is facing probable revenue losses in 2020-21 and seems unlikely to bump the cap too substantially next season. Of course, the team is kind of losing that bet too, because they’d far rather he be worth the max, right? PG, who will make $34 million this year, signed his deal with the Thunder but has since been traded to the Clippers (at Kawhi Leonard’s behest). He’s an elite passer who can defend all five positions. Even if he never learns to shoot, and he’s still young, he’ll still be a great player in this league. The max is not some status symbol in the NBA for the very best players. Below is a list of the players whose contracts are guaranteed in 2021, along with their cap holds. So far, Butler has earned his contract on the court, even though his average salary is over $34 million per year. Hey, he's only 22, so he'll still be in his prime when this deal is over. ... does trading Siakam (and Powell for salary matching purposes) for Harden make the Raptors … We now arrive at the highest-paid player in the NBA. Siakam and Norman Powell are the only Raptors currently under guaranteed contracts for the 2021-22 season. He forced his way out of San Antonio, went to Toronto and completely salvaged his reputation. Each of those four players has Rose Rule language in his contract, however, and could move up to the 30% max column (“7-9 years”) if certain criteria are met. So the only reason for the Raptors to offer it would be to buy term. Beal is a great player, and maybe pairing with a new teammate in Russell Westbrook will work out better for him. Malcolm Miller, F - under team control through 2019-20. Part of that is his defensive skill. Right now Middleton is the highest-paid player on the Bucks, on a five-year, $177 million deal. Curry is not a stalwart on that end, but Thompson has made the All-Defense Second Team once. He’s a great shooter and a perfect foil to Steph Curry. MPJ+ salary filler for Siakam is more than enough value wise. A player signing with a new team (5% annual raises, up to four years): If a player changes teams as a free agent, he doesn’t have access to a fifth year or 8% raises. He signed a five-year, $190 million deal a couple years ago, but unfortunately has been hit horrifically by the injury bug. But then if Pascal gets that 30 percent max, once again, it turns into a $5.3 million raise, eating up half of the remaining flexibility the team had managed to hold onto. He’s never been an All-Star and has averaged 20 points per game only once in his career. Only he and Fred VanVleet are signed beyond 2021 for less than half the projected salary cap. Leonard was great, and he helped the Raptors win their first title. If Siakam wanted to sign elsewhere, he would be limited to the 25 percent max regardless of how well he performs. For players with seven to nine years of experience, that number is 30%. Leaving them with $10 million. Chris Boucher, F - under team control through 2019-20. He’s making the max. Canadian Lessard joins GMS Racing for 2021 NASCAR trucks season Live Fast Motorsports becomes third new NASCAR team for 2021 F1 releases record 23-race schedule for 2021 He can make a three from anywhere, and that’s how he has won two MVPs and three NBA titles. Pascal Siakam shot 14-17 (82.4%) from the field in Game 1 of the 2019 NBA Finals. So, instead of making any All-NBA team (the third team is what Pascal has a solid chance at), a team can say the player needs to make the top two All-NBA teams or win MVP to get that raise. The maximum salary differs based on a player’s experience in the league. Steph’s play has helped revolutionize the NBA. The fifth year would not only have taken Siakam an extra year away from his prime, but eliminate the possibility of that early supermax. And in a cap crunch world where the cap is suddenly dropping, that’s still a little over the MLE and might be able to keep them one key piece if the market is crunched enough. Is there a chance he’s not, and this is an overpay? These are the most lucrative NBA contracts based on average annual value. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. He’s led the league in points per game the last three seasons, including averaging a staggering 36.1 points per game last year. Sign up now ▸, Related slideshow: The 25 highest-paid NBA players (Provided by Yardbarker), Like us on Facebook to see similar stories, Sneezed on, cussed at, ignored: Airline workers battle mask resistance with scant government backup, Senate overrides Donald Trump's veto of defense spending bill. Unless they qualify for a more lucrative extension by meeting certain performance criteria, players with no more than six years of NBA experience are limited to a starting salary worth up to 25% of the cap. The team was clearly not intending to use cap space in any meaningful way as soon as they extended Lowry for one additional year after this one. As as been reported, Pascal Siakam is set to sign a $130 million maximum salary extension to stay in Toronto for the next four years, a contract that starts after this coming season. Durant and Curry were teammates for a minute there, and Durant got a couple of rings. George will have 10+ years of experience under his belt when his new extension takes effect in 2021-22, so its value is reflected in the third column here as well, albeit without the fifth and final year. For players with 10 or more years of experience, it’s 35%. The second max player they want to sign would command $5.5 million less. But keep in mind, this is a projected cap where the Mid-Level Exception (MLE), whereby such elites as C.J. He is owed $19 million in 2022 and $18 million in 2023. Considering Denver doesnt want to trade MPJ the deal is a no starter. Game Thread: Toronto Raptors vs. New York Knicks. A second-round pick who was once an afterthought in a trade, he’s turned into one of the best players in the league. Additionally, while Harden has one more years remaining on his contract than Leonard did (plus a player-option in 2022-23), the person the Raptors would be trading for him, Siakam in this case, has four more years remaining on his contract, while DeRozan only had two years (plus a player option). All in the Raptors would lose out on about $8 million of that $18 million in cap room they are projected to have now. The Lehigh alum has averaged over 20 points per game in each of the last four seasons and is also one of the best three-point shooters in the NBA. The Raptors current salary cap situation. There's two years left on that extension, which paying him an average of almost $36 million. The Louisville product is athlete and can attack the basket with gusto. Pascal hits free agency at 30, still in his prime, and able to ask for a big contract — potentially including that aforementioned designated veteran extension, as he’ll have eight years of service to his name at that point (oddly, the early 35 percent max is not available to players with nine years of service, even if they are All-NBA talents). That’s what happens when you are maybe the best shooter in NBA history. Any player with six or fewer seasons can make up to 25 percent of the cap. https://www.spotrac.com/nba/toronto-raptors/pascal-siakam-20232 AD was dealt to the Lakers where he and LeBron joined forces to win a title. The 2021 class meanwhile is very deep, and also headlined by a perennial MVP candidate. Here are the the early max-salary projections for 2021-22: A player re-signing with his own team (8% annual raises, up to five years): Year 6 years or less 7-9 years ... Pascal Siakam. Now, that projection could be wildly off, considering the drama in China, and could drop by around 15 percent by some estimates. He will make $35 million this season. Prior to the coronavirus pandemic, the salary-cap projection for 2021-22 was $125 million. Further to that, let’s now re-examine that scenario we discussed earlier where 15 percent of revenues just disappear and the cap drops by 15 percent to match those lost dollars. Pascal Siakam’s extension is a safe bet for Toronto, Five thoughts on last night: Raptors 100, Knicks 83. People seem to think that it is inevitable that Beal will leave Washington eventually, and he was talked about as a trade target before signing his new deal, worth around $127 million. As a rookie in 2016, Siakam signed a four-year, $6 million contract and has earned about $4 million over his first three seasons. However, in his third season he won Most Improved Player, and some thought he could arguably win it again in 2020 based on how he’s turned himself into one of the best players in the NBA. Leonard – or another veteran with 10+ years of experience – would be limited to just under $170M over four years if he changes teams as a free agent in 2021. 17h ago. Although a handful of big-money free agent contracts were completed during the offseason, the majority of the most lucrative deals signed by NBA players in 2020 have been contract extensions. OG Anunoby, F - under team control through 2020-21. There is a reason he’s basically been drummed out of two towns, and he hasn’t exactly gotten along great with his teammates in Brooklyn. Raptors notch first win, beat Knicks 100-83. Alarms are ringing, but the Raptors have dominated their recent history against the Knicks. That is mitigated to some degree by a few contracts dropping in value. Toronto Raptors forward Pascal Siakam earned All-NBA second team honours Wednesday. Thompson has done some crazy stuff in his career. Pascal Siakam, F - under team control through 2019-20. Curry is the first player on this list averaging over $40 million a season. Player | Salary Pascal Siakam: $31.32MOG Anunoby: $11.62M (cap hold)Norman Powell: $11.62M (player option)Terrence Davis II: $2.06M (cap hold)Dewan Hernandez: $1.78M (unguaranteed)Matt Thomas: $1.78M (unguaranteed)6 empty roster slots: $6.07M. Connect with friends faster than ever with the new Facebook app. Draft picks When all is said and dude, he will lead the league again in points this year and is going to average comfortably over 30 points...again. The Raptors could clear two max salary spots with ease by saying goodbye to Ibaka, Gasol and Lowry before the summer of 2021, with Antetokounmpo looming as … The two sides appear to have met in a middle ground here: less likely potential payday for Siakam, no fifth year for the Raptors. Subscribe to Stathead , the set of tools used by the pros, to unearth this and other interesting factoids. Im not in the majority but id be willing to do a Murray for Siakam … Ja Morant taken off in wheelchair after rolling left ankle. If the cap increases by 10%, the five-year values for these maximum-salary contracts would increase to approximately $174.1M (25%), $208.9M (30%) and $243.7M (35%). Here are some takeaways from the letdown in Philly. Listed below are the early maximum-salary projections for 2021-22, based on a $112,414,200 cap. Now he has the richest deal in the league. When LeBron first signed with the Lakers, he was making "only" $38 million because the team didn't have his Bird Rights or anything. And players can sign extensions for 30 percent of the cap on the condition they make the team in the upcoming season (which will default to 25 percent if they don’t). Remember up above when we were talking about how much cap space the Raptors projected to have, and it was well above what they could offer even a 10+ year veteran? In fact, in his rookie season he spent time in the G League. Most competitive teams pay their top two or even three players the maximum salary available to them. After a stint with Houston, the mercurial guard has now been moved once again, this time to Washington for the next guy on the list. Norman Powell, G/F - under team control through 2021-22. And yet, the Rockets were willing to take him on (plus a draft pick) in exchange for Russell Westbrook. He signed a five-year extension last year worth $177 million. Maximum salary projections for 2021-22 NBA season, Incredible Blanket Puts Humans In A Deep Sleep, Melting Stress & Anxiety Away, This is a slam dunk if you want a one-card wallet in 2021, New Policy For Cars Used Less Than 49 Miles/Day. Riley working his magic! Westbrook was the last man standing in Oklahoma City, and he averaged a triple-double for three seasons in a row, something previously unthinkable. Wall was a great player in his prime, but he’s suffered a brutal, cruel run of injury. That's a lot of money for a 36-year-old, but LeBron isn't your average 36-year-old. Every NBA regular is well paid, but some guys are bringing home the bacon big time. There have been murmurs of Harden's desire to be traded, but for now he is in Houston on a four-year, $171-million contract. He also caught a lot of flak for gunning for a title by joining the Warriors juggernaut. Raptors 2021 Salary Cap Update The Raptors have a lot of players whose contracts either end, or can be be declined, prior to the start of the 2021 offseason. They’ll want a 7-9 year veteran (30 percent of the cap), as those players will be unrestricted free agents, and won’t have a prior team that can match any offer. And that’s exactly what the Raptors did (per Michael Grange) — if Pascal makes the third All-NBA team he stays at 25 percent. Although, people will complain about his performance in the playoffs once again. However, he was a free agent last summer, and the 76ers knew they couldn’t keep everybody. With the Raptors giving Lowry a big payday for one year to keep his extension term down, and keeping their free agent signings this summer limited to two years at most (McCaw and Stanley Johnson both got 2020-21 years in their deals), the Raptors’ books in 2021 are still very clean. 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