Details of anthony davis new contract
Anthony Davis signed a 5-year, $190 million supermax contract extension with the Los Angeles Lakers on July 6, 2019. Here are the details of the contract:
Contract Terms:
- 5 years, starting from the 2019-2020 season
- $190 million total value
- Average annual salary: $38 million
- Guaranteed: The entire contract is fully guaranteed
Supermax Designation:
- Davis was eligible for a supermax contract due to his All-NBA First Team selection in 2019
- The supermax designation allows the Lakers to offer Davis a maximum contract value based on his performance and the team's salary cap situation
Contract Structure:
- The contract is structured as follows:
- Year 1 (2019-2020): $25.1 million
- Year 2 (2020-2021): $27.1 million
- Year 3 (2021-2022): $29.5 million
- Year 4 (2022-2023): $32.7 million
- Year 5 (2023-2024): $36.1 million
Incentives:
- Davis has a number of incentives built into his contract, including:
- $1 million bonus for being named to the All-NBA First Team
- $500,000 bonus for being named to the All-NBA Second Team
- $250,000 bonus for being named to the NBA All-Defensive First Team
Trade Restrictions:
- Davis's contract includes a 15% trade kicker, which means that if he is traded, the Lakers will receive 15% of the contract value as a trade bonus
- The contract also includes a "Rose Rule" provision, which restricts the Lakers from trading Davis for 30 days after the contract is signed
Overall, Anthony Davis's new contract is one of the largest in NBA history, and it solidifies his status as one of the league's top players.