Boston finalized details of the full designated rookie max extension with Tatum and his agent Jeff Wechsler late Sunday afternoon. The contract, which goes into affect at the start of the 2021-22 campaign, gives the Celtics All-Star a player option for the 2025-26 season, the final year of the deal.
Tatum gets the full designated rookie max extension, with the All-NBA escalators that'll take it near $200M, sources said. Tatum's agent Jeff Wechsler and Celtics finalized details today. https://t.co/SfGjPRc3J5— Adrian Wojnarowski (@wojespn) November 22, 2020
While the full designated rookie max extension is worth $163 million, there are escalators if Tatum makes future All NBA teams that could bring his total earnings to $195 million -- which would be 30% of the cap based under the "Rose Rule" -- instead of the usual 25% or less.
Projected salaries for Jayson Tatum if he qualifies for the 30% max extension:— Keith Smith (@KeithSmithNBA) November 22, 2020
•2021-22 - $33,724,200
•2022-23 - $36,422,136
•2023-24 - $39,120,072
•2024-25 - $41,818,008
•2025-26 - $44,515,944
•Total - $195,600,360
The extension negotiating window began on Friday and if a deal was not reached by Dec. 21, the 22-year-old Celtics forward would have became an restricted free agent next summer. He joins Jazz guard Donovan Mitchell and Kings guard De'Aron Fox as players from the 2017 draft class to receive similar extensions over the last 48 hours.
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