Here are the details of LaVine's max contract with Bulls originally appeared on NBC Sports Chicago
Zach LaVine was a wealthy man even before undergoing the first unrestricted free agency of his NBA career.
But after Friday's news that he has agreed to return to the Bulls on a five-year max contract worth a total of $215.2 million? He just got a whole lot richer.
Here are the projected details of LaVine's contract and what it means for him and the Bulls:
Zach LaVine Max Contract Details
Those aforementioned terms — five years, $215.2 million — represent the most years and monetary value LaVine could have secured on the open market.
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The Bulls, as owners of his Bird rights, were the only team that could offer LaVine a fifth year on his contract. Any team besides the Bulls would have only been able to offer LaVine a four-year contract that totaled $159.4 million in cumulative value.
LaVine's contract will begin with a salary that equals 30 percent of the NBA's $123.655 million salary cap for next season — the maximum for a non-All-NBA player with eight years of service time — then increase eight percent in each of the ensuing four years:
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Age | Season | Salary |
---|---|---|
27 | 2022-23 | $37,096,500 |
28 | 2023-24 | $40,064,220 |
29 | 2024-25 | $43,031,940 |
30 | 2025-26 | $45,999,660 |
31 | 2026-27* | $48,967,380* |
Total | $215,159,700 |
* = Player Option
The final year of the contract is a player option, meaning that, when the time comes, LaVine will either have the option to opt in to roughly $49 million, or opt out and again become a free agent at age 30.
Zach LaVine Career Earnings
Before signing his latest deal, LaVine had earned $87,647,298 in salary in his NBA career, according to Spotrac. That number was amassed via the rookie-scale contract he signed with the Minnesota Timberwolves for four years, $9,647,298 upon being drafted 13th overall by that franchise in 2014 and the four year, $78 million offer sheet he signed with the Sacramento Kings that the Bulls later matched in 2018.
LaVine's last contract paid him $19.5 million per season, a massive discount for a two-time All-Star that has averaged at least 24 points per game three seasons in a row. This offseason, he was intent on securing a sizable pay raise, and he did just that.