It's Been A Record-Breaking Year For NBA Free Agent Contracts–Here Are The Biggest Deals So Far

By on July 18, 2016 in ArticlesSports News

Ah, it's good to be a free agent in the NBA – at least now it is.

Last season, the NBA salary cap per team was $70 million. This season, it jumped to $94 million (and is projected to spike over $100 million next season). Therefore, it's been a record-breaking offseason in the NBA in terms of major contract deals for free agents. Here's a list of the top 9 deals so far, in order based on average yearly salary:

Christian Petersen/Getty Images

(Christian Petersen/Getty Images)

  1. Mike Conley, Memphis Grizzlies

    Contract: 5 years/$153 million—$30.6 million yearly average

    The heart of the Grizzlies' team, Conley is a proven floor leader and a hard-nosed defender. For a time, it seemed likely that he would look to play elsewhere, but who could pass up this deal? And with the addition of versatile big man Chandler Parsons (who just barely missed making this list with a new contract worth $23.6 million per year), the Grizzlies could be poised for a run at the postseason.

    Vaughn Ridley/Getty Images

    (Vaughn Ridley/Getty Images)

  2. Demar Derozan, Toronto Raptors

    Contract: 5 years/$145 million—$29 million yearly average

    The Raptors are coming off their first Easter Conference Finals appearance in franchise history, where they lost in six games to the Cavaliers. Much of their success was due to Derozan's impressive 23.5 points, 4.5 rebounds, and 4.4 assists per game. He and Mike Lowry led the team, and it was clear from the beginning that Derozan wanted another shot with his current team. He did not meet with any other teams before deciding to sign with the Raptors once again. Derozan is a bona fide beast on the drive, but in order to take down Lebron and Co. next season, he may need to up his game outside the paint.

    (Kevin C. Cox/Getty Images)

    (Kevin C. Cox/Getty Images)

  3. Al Horford, Boston Celtics

    Contract: 4 years/$113 million—$28.3 million yearly average

    A stalwart presence in the paint on both ends of the floor, the 30-year-old forward has made the postseason every year of his career. His Atlanta Hawks team ousted his new Celtics squad in the first round of last year's playoffs, and Horford would like to turn the tables this season. An excellent post defender and a mid-range sharpshooter, Horford will provide the stability that the Celtics lacked in the paint last season, and will complement their all-star guard Isaiah Thomas nicely.

    (Thearon W. Henderson/Getty Images)

    (Thearon W. Henderson/Getty Images)

  4. Kevin Durant, Golden State Warriors

    Contract: 2 years/$54.3 million—$27.1 million yearly average

    By far the biggest name on this list, Durant shocked the basketball world when he announced recently that he'd be leaving the Thunder and uniting with the team that edged him out in seven games in the Western Conference Finals. The Warriors won an NBA record 73 games in last year's regular season and lost to the Cavs in the Finals. They now have the MVP winners from the last three seasons on their side, including Durant, who won the MVP award in 2014 and is widely recognized as the best all-around scorer in the league. Only time will tell how much devastation they will cause.

    (Kevin C. Cox/Getty Images)

    (Kevin C. Cox/Getty Images)

  5. Andre Drummond, Detroit Pistons

    Contract: 5 years/$130 million—$26 million yearly average

    Drummond led the league in rebounding (14.8 per game) and double-doubles (66) last season, leading the Pistons to a playoff berth where they were demolished by the champion Cavs in the first round. The bright side for Drummond is that he's only 22, and has enormous potential for improvement. The down side is that he's one of the worst free throw shooters in the league at 35.5%. If you need to find him this offseason, he'll be at the free throw line.

    (Alex Trautwig/Getty Images)

    (Alex Trautwig/Getty Images)

  6. Bradley Beal, Washington Wizards

    Contract: 5 years/$128 million—$25.6 million yearly average

    Beal is a strong presence on the floor for Washington. He has good size at the shooting guard position (6'6″), and he's one of the best outside shooters in the league, making him tough to guard on the perimeter. Sometimes he falls in love a little too much with the jump shot, and he's also been injury prone throughout his 4 year career. If he can stay on the court and make defenders work a little more, he could be a superstar.

    (Elsa/Getty Images)

    (Elsa/Getty Images)

  7. Hassan Whiteside, Miami Heat

    Contract: 4 years/$98.4 million—$24.6 million yearly average

    Everyone thought this guy was done. He was practicing at a local YMCA when he got the call to join the Heat a few years ago. He's been in the D-league, Lebanon, China… But now, he's a double-double machine and he led the league in blocks with a beastly 3.7 per game last season, proving that he belongs in the big league. If he hadn't been knocked out of the second round playoff series with the Raptors due to a knee injury last season, the series may have had a different result.

    (Getty Images)

    (Getty Images)

  8. Nicolas Batum, Charlotte Hornets

    Contract: 5 years/$120 million—$24 million yearly average

    Batum will more than double last year's earnings, and with good reason. He took Charlotte from the bottom of the pack into the playoffs with his excellent shooting, tough defense, and team-leading 5.8 assists per game. His presence will give the Hornets stability and versatility on both ends of the floor for years to come.

    (Mike Ehrmann/Getty Images)

    (Mike Ehrmann/Getty Images)

  9. Dwayne Wade, Chicago Bulls

    Contract: 2 years/$47.5 million—$23.75 million average

    Wade is a proven champion. He has been among the elite players in the league for as long as many people can remember. He brought three championship rings to Miami. Now he's heading home to Chicago, likely to finish his illustrious career. The main reasons for the move are that Miami prioritized signing Hassan Whiteside this offseason over Wade (see above), and Chicago, the place where Wade grew up, was able to offer him a substantially better contract. Wade is the closest thing to Jordan that Chicago has seen since, well… Jordan.

Articles Written by Joshua R. Wood
Josh lives north of Pittsburgh with his wife and two dogs in a house they renovated together. Before moving to Pittsburgh, he received a degree in Creative Writing from West Virginia University, and he's currently working toward a Master's in English Literature at Duquesne University. Josh's passions include writing, photography, nature, disc golf, and rebuilding anything that's broken.
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