Current:Home > StocksCeltics' Jaylen Brown agrees to richest deal in NBA history: 5-year, $304M extension -WealthMindset Learning
Celtics' Jaylen Brown agrees to richest deal in NBA history: 5-year, $304M extension
View
Date:2025-04-12 02:23:12
Boston Celtics guard/forward Jaylen Brown has agreed to a five-year, $304 million supermax contract, according to a person with direct knowledge of the extension.
The person spoke to USA TODAY Sports on the condition of anonymity because the deal has not been announced.
The contract is the richest in NBA history and will kick in starting in the 2024-25 season. The contract is fully guaranteed with a trade kicker and has no player option.
The 26-year-old Brown, a two-time All-Star, averaged a career-high 26.6 points last season for Boston, earning second-team All-NBA honors, the first time he was named to an All-NBA team.
The new contract keeps Brown and Jayson Tatum together for the foreseeable future as Tatum signed a five-year, $163 million deal in 2020 and his player option won't come up until after the 2024 season but is eligible for a supermax extension next season.
Brown will take home $31.8 million next season and $52.3 million the first year of his deal. When the contract expires at the end of the 2028-2029 season, he will make nearly $70 million that season.
LEBRON JAMES' SON:Bronny James hospitalized after cardiac event
The deal surpasses the contract two-time MVP Nikola Jokic received in 2022, a $276 million extension with the Denver Nuggets.
Brown has become an emerging star in the league since the Celtics drafted him with the third overall pick in the 2016 draft out of California and has averaged 20 or more points each of the last four seasons.
The Celtics have built a team with a massive payroll. They are expected to be a taxpaying team in 2023-24, and in 2024-25, when Brown's new deal kicks in, the Celtics will pay Brown $52.3 million, Tatum $34.8 million, recently acquired Kristaps Porzingis $29.2 million, Malcolm Brogdon $22.5 million and Derrick White $19.7 million. Those five players will account for nearly $160 million in salary that season.
The Celtics reached the NBA Finals in 2022 but lost to Miami in seven games in the 2023 Eastern Conference finals.
veryGood! (8148)
Related
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Olive oil in coffee? Oleato beverages launching in Starbucks stores across US
- Here's how much water you need to drink each day, converted for Stanley cup devotees
- California man who blamed twin brother for cold case rapes of girl and jogger is sentenced to 140 years in prison
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Miracle cures: Online conspiracy theories are creating a new age of unproven medical treatments
- Trump-era White House Medical Unit improperly dispensed drugs, misused funds, report says
- Biogen scraps controversial Alzheimer's drug Aduhelm
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- This Michael Kors $398 Crossbody Can Be Yours For Just $63, Plus More Deals Up to 82% off
Ranking
- Intel's stock did something it hasn't done since 2022
- Oklahoma gas pipeline explodes, shooting flames 500 feet into the air
- Live, Laugh, Lululemon: Win Over Your Valentine's Heart With These Wishlist-Worthy Gifts
- Wisconsin governor signs legislative package aimed at expanding access to dental care
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- U.S. fighter jet crashes off South Korea; pilot rescued
- Judge rejects school system’s request to toss out long-running sex-assault lawsuit
- Ex-US Open champ Scott Simpson details why he's anti-LIV, how Greg Norman became 'a jerk'
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
This Michael Kors $398 Crossbody Can Be Yours For Just $63, Plus More Deals Up to 82% off
'Mr. & Mrs. Smith’: Release date, cast, how to watch new spy romance inspired by 2005 hit
Report: Baltimore Orioles set for $1.725 billion sale to David Rubenstein, Mike Arougheti
Intel's stock did something it hasn't done since 2022
How U.S. Marshals captured pro cyclist Moriah Mo Wilson's killer
Stolen Jackie Robinson statue found dismantled and burned in Wichita, Kansas
Win free food if you spot McDonald's Hamburglar on coast-to-coast road trip in the 'Burgercuda'