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USA Today via Reuters
Mar 26, 2023; Boston, Massachusetts, USA; Boston Celtics guard Jaylen Brown (7) walks off of the court after a game against the San Antonio Spurs at the TD Garden. Mandatory Credit: Brian Fluharty-USA TODAY Sports
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USA Today via Reuters
Mar 26, 2023; Boston, Massachusetts, USA; Boston Celtics guard Jaylen Brown (7) walks off of the court after a game against the San Antonio Spurs at the TD Garden. Mandatory Credit: Brian Fluharty-USA TODAY Sports
Jaylen Brown is now locked down by the Boston Celtics for the next five years. By earning an All-NBA honors this season, Brown became eligible for the Designated Veteran Player Extension. As a result, the Celtics? star signed a fully guaranteed super-max extension; a $304 million deal over 5 years with a trade kicker.?
However, the projection of Jaylen Brown?s salary, and contract was made on the assumption that the salary cap will jump by the maximum possible 10%. In reality, the numbers are bleaker than one may think.?
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Jaylen Brown?s contract: Now vs Then
For weeks now, the media has paraded Jaylen Brown as the league?s richest baller. But now as more details are coming to light, Brown?s contract with the Celtics is not as grand as it sounds.?
Brown?s new fully guaranteed contract is for 5 years with an option to trade. So far, this deal sounds of use for both involved parties. Brown, at 26, has financial security through his early 30s. On the other hand, if Brown can?t perform on the court, the Celtics always have a trade option.?
The new contract will start at a 35% salary cap in the upcoming season. However, unlike Brown?s current deal, there are no million-dollar incentives in this contract. Brown?s original 4-year contract of $106,333,334 earned him a base salary of $28 M in 2023-24.?
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Current projections deprive Jaylen Brown of a whopping $16 M?
With the new contract, Jaylen Brown will only make 35% of the cap with 8% raises each year. The new contract extension could yield Brown a whopping $304 M, but that is not in line with the current projection. The 2024-25 salary cap is curbed at $142 M, which is a humble 4.4% bump as opposed to the expected 10% raise.?
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USA Today via Reuters
Dec 23, 2020; Boston, Massachusetts, USA; Boston Celtics guard Jaylen Brown (7) attempts a basket in between Milwaukee Bucks guard Jrue Holiday (21) and forward Giannis Antetokounmpo (34) during the second half at the TD Garden. Mandatory Credit: Brian Fluharty-USA TODAY Sports
Since Brown?s contract is dependent on the salary cap, a subsequent raise or drop affects Brown?s paycheck. Going by the current projection, a $142 M salary cap will fetch Brown a $288,260,00 deal, with the first year salary of $49,700,000. The numbers are much lesser than the originally estimated $304M deal and $52.4 M first-year salary.?
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As a consequence, Brown is deprived of $16,000,000. If you really think about it, a $304M deal, as originally projected, isn?t that far off from a $288M deal. However, the fact remains that the salary cap dependency affects a player?s pay?even if they allegedly sign one of the richest NBA contracts.?
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