JULY 8: Barnes’ extension is now official, the Raptors confirmed (via Twitter).
“We are so proud of Scottie for the player and leader he has become,” team president Masai Ujiri said in a press release. “I’ve said before that he is the type of player you build a team around. Well, we are doing that. … Together, our future starts here. It starts now.”
JUNE 24: Scottie Barnes will receive a maximum-salary extension from the Raptors that could pay him up to $270MM over five years, sources tell ESPN’s Adrian Wojnarowski (Twitter link).
The deal won’t include a team or player option, reports Michael Scotto of HoopsHype.
Toronto intends to rebuild its roster around the 2022 Rookie of the Year, according to Wojnarowski, who adds that agent Bill Duffy of WME Basketball recently met with team president Masai Ujiri and general manager Bobby Webster to work out the terms of the deal. Barnes will become eligible to sign it once the moratorium lifts on July 6.
Cap expert Yossi Gozlan (Twitter link) offers details on the projected salaries for Barnes, noting that the base value of the extension projects to be nearly $225MM (based on a $141MM cap in 2024/25 and a 10% increase for ’25/26), but it could reach $270MM if he makes an All-NBA team next season.
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Without an All-NBA nod next spring, Barnes would be on track to earn $38,775,000 when the extension begins with the 2025/26 season, followed by $41,877,000 in 2026/27, $44,979,000 in 2027/28, $48,081,000 in 2028/29 and $51,183,000 in 2029/30.
Barnes’ extension and an expected new deal for Immanuel Quickley mean the Raptors likely won’t have any cap space to work with next summer, Gozlan adds (Twitter link). They could have about $30MM available this year if they decline their $23MM team option on Bruce Brown or trade him without receiving much salary in return.
Barnes has emerged as Toronto’s franchise player since being drafted with the fourth pick in 2021. He earned his first All-Star selection this season, averaging 19.9 points, 8.2 rebounds and 6.1 assists in 60 games. His season ended early when he underwent surgery for a broken bone in his left hand in early March.
The Raptors seemed to anoint him as the key to their future when they traded away OG Anunoby and Pascal Siakam in separate deals over the winter.
Barnes becomes the first member of the 2021 draft class to reach an extension with his team. Cade Cunningham, Jalen Green, Evan Mobley and Jalen Suggs are among the others in line for extensions this summer.
If these 4 get max
Cade
Mobley
Barnes
Sengun
What happen if Jalen Green has no contract extension?
According to Rockets fans, they will select Sheppard and will not trade Jalen Green
Why do you always talk about the Houston?
Get that $ boy! #ripFoolio
Mobley for sure. I think Pistons will wait on Cade? Sengun maybe a bit under max. Jalen Green is a great trade asset pre contract so they’ll wait that out as long as possible.
Sengun 100% deserves and will get a max
What a success story!!
Franz Wagner and Jalen Suggs also will get pay really good this summer, perhaps no max contracts but with incentives they will be really close to the max.
Do owners/GM’s know they don’t need to offer the max for B level players. This is ridiculous.
Yeah, what a “B” level player.
20, 8, 6, 1.5 and 1.5 a game to go along with an All-Star nod. Also only going into year four of his NBA career, and improved greatly this year.
still is he a $50M a year player? that’s compensation level for a top 10 talent. does barnes have that level in him? time will tell.
The future of the NBA is 3 max players or 2 supermax and a bunch of low dollar deals.
Everyone is a max player somehow.
If they wait he gets more expensive.
If he’s ever a free agent someone else will max him.
How long it takes for you to recognize his skill couldn’t be any less relevant.
I’ll assume you have the alphabet figured out and just don’t know anything about basketball.
Even the NBA is saying goodbye to the middle class
Not worth it. He’s a Nice player.
First of he’s signed for next two yrs. So why max him now. Just dumb .
He just has one year left on his rookie contract — would be an RFA in 2025 if not for the extension.
By the time the 50 mil kicks in, players will be making 70, and he’ll be underpaid
It’s almost as if they did just this same thing a few seasons ago and remind me if that lucky player lived up to their max rookie extension. Congrats to Barnes and his family, but I wholly disagree with this style of team-building. Like someone else said already, rewarding at best B players who maybe have a chance of becoming a superstar with these massive second contracts almost never works out well. Veterans making a quarter of 40+ million with rings on their fingers and actual production for years. I hope Barnes is the truth, but man, Raptors have run through a lot of would-be truths. DeRozan, Lowry, Siakam, OG, Bosh, VanVleet—when do they actually strike gold? It took trading for Kawhi and nabbing Gasol to get over the hump with one-footed Klay. Is RJ and Scottie really the secret formula?