Now that the NBA has set its salary cap for the 2024/25 league year at $140,588,000, we have a clear idea of what maximum-salary contracts will look like for the coming season.
Listed below are the maximum-salary contracts for players signing contracts that start in 2024/25.
The first chart shows the maximum salaries for a player re-signing with his own team — a player’s previous team can offer five years instead of four, and 8% annual raises instead of 5% raises. The second chart shows the maximum salaries for a player signing with a new team.
These figures will apply to a number of players who signed maximum-salary contract extensions that will go into effect in 2024/25: Devin Booker, Karl-Anthony Towns, Jaylen Brown, Anthony Edwards, Tyrese Haliburton, and LaMelo Ball. They’ll also apply to anyone who signs a maximum-salary contract with his own team as a free agent in ’24/25.
A player’s maximum salary is generally determined by his years of NBA experience, so there’s a wide gap between potential earnings for younger and older players.
In the charts below, the “6 years or less” column details the maximum contract for a player like Ball, as well as what a free agent like Tyrese Maxey is eligible for; the “7-9 years” column applies to Pascal Siakam, who is signing a four-year max deal with the Pacers, and to Edwards and Haliburton, who each qualified for a Rose Rule rookie scale extension; and the “10+ years” column applies to the league’s most experienced vets, like LeBron James and Paul George, as well as those who qualified for the super-max, such as Booker, Towns, and Brown.
Here are the maximum salary figures for 2024/25:
A player re-signing with his own team (8% annual raises, up to five years):
Year | 6 years or less | 7-9 years | 10+ years |
---|---|---|---|
2024/25 | $35,147,000 | $42,176,400 | $49,205,800 |
2025/26 | $37,958,760 | $45,550,512 | $53,142,264 |
2026/27 | $40,770,520 | $48,924,624 | $57,078,728 |
2027/28 | $43,582,280 | $52,298,736 | $61,015,192 |
2028/29 | $46,394,040 | $55,672,848 | $64,951,656 |
Total | $203,852,600 | $244,623,120 | $285,393,640 |
A player signing with a new team (5% annual raises, up to four years):
Year | 6 years or less | 7-9 years | 10+ years |
---|---|---|---|
2024/25 | $35,147,000 | $42,176,400 | $49,205,800 |
2025/26 | $36,904,350 | $44,285,220 | $51,666,090 |
2026/27 | $38,661,700 | $46,394,040 | $54,126,380 |
2027/28 | $40,419,050 | $48,502,860 | $56,586,670 |
Total | $151,132,100 | $181,358,520 | $211,584,940 |
It’s worth noting that none of the maximum-salary figures listed above will apply to extension-eligible players whose new contracts will start in 2025/26.
This group includes Scottie Barnes, who will reportedly sign a maximum-salary rookie scale extension with the Raptors. It also includes players who signed max extensions in previous years that will begin in ’25/26, such as Giannis Antetokounmpo and Anthony Davis.
The exact value of those players’ contracts will depend on where the cap lands for 2025/26, which won’t be officially announced until next June.
Lillard’s extension starts in 2025/26 too, right?
Correct. Almost forgot about that one, it was signed so long ago.