Current:Home > StocksChainkeen Exchange-Celtics' Jaylen Brown agrees to richest deal in NBA history: 5-year, $304M extension -BeyondWealth Learning
Chainkeen Exchange-Celtics' Jaylen Brown agrees to richest deal in NBA history: 5-year, $304M extension
Robert Brown View
Date:2025-04-09 03:04:36
Boston Celtics guard/forward Jaylen Brown has agreed to a five-year,Chainkeen Exchange $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! (9)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Mayan Lopez Shares the Items She Can't Live Without, From Dreamy Body Creams to Reusable Grocery Bags
- Keystone XL Pipeline Hit with New Delay: Judge Orders Environmental Review
- Invasive Frankenfish that can survive on land for days is found in Missouri: They are a beast
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Disappearance of Alabama college grad tied to man who killed parents as a boy
- Hundreds of Clean Energy Bills Have Been Introduced in States Nationwide This Year
- “We Found Love” With These 50% Off Deals From Fenty Beauty by Rihanna: Don’t Miss the Last Day to Shop
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Tom Hanks Expertly Photobombs Kristen Bell and Dax Shepard’s Date Night
Ranking
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Invasive Frankenfish that can survive on land for days is found in Missouri: They are a beast
- California Bill Aims for 100 Percent Renewable Energy by 2045
- Channing Tatum Shares Lesson He Learned About Boundaries While Raising Daughter Everly
- Sam Taylor
- Taylor Hawkins' Son Shane Honors Dad by Performing With Foo Fighters Onstage
- Cheer's Morgan Simianer Marries Stone Burleson
- The Parched West is Heading Into a Global Warming-Fueled Megadrought That Could Last for Centuries
Recommendation
Current, future North Carolina governor’s challenge of power
Invasive Frankenfish that can survive on land for days is found in Missouri: They are a beast
Video: Dreamer who Conceived of the Largest Arctic Science Expedition in History Now Racing to Save it
This Amazon Maxi Dress Has 2,300+ Five-Star Ratings— & Reviewers Say It Fits Beautifully
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
Channing Tatum Shares Lesson He Learned About Boundaries While Raising Daughter Everly
RHONJ Reunion Teaser: Teresa Giudice Declares She's Officially Done With Melissa Gorga
A year after victory in Dobbs decision, anti-abortion activists still in fight mode