Deni Avdija‘s new four-year, $55MM extension with the Wizards features a declining structure, according to ESPN’s Bobby Marks, who passes along details on a couple other recently-signed rookie scale extensions as well (All Twitter links).
Avdija will make $15,625,000 (11% of the projected salary cap) in 2024/25, which is when the deal kicks in, but that figure declines to $11,875,000 (7.2% of the projected cap) by ’27/28. As previously reported, the contract is fully guaranteed, with no team or player options.
Nuggets big man Zeke Nnaji‘s four-year, $32MM extension also descends over time, according to Marks. The deal starts at $8,888,889 in ’24/25 and Nnaji will carry identical $7,466,667 cap hits in the third and fourth years of the deal, with the fourth being a player option.
Pacers forward Aaron Nesmith, on the other hand, will receive a flat $11MM each season from 2024-26, for a total of $33MM over three years, Marks adds.
Speaking to the media on Monday, Nesmith said he was “very happy” with the agreement (Twitter video link via Dustin Dopirak of The Indianapolis Star).
“It’s a great feeling,” he said. “I’m happy to be here, I wanted to be here. I’m very happy for the opportunity to be here for the next four years. It’s awesome. I’m excited.“