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A rookie or first-year player earns approximately $61,500 for a 10-day contract. A veteran with 10+ years of experience earns around $190,000 for the same deal.
Players can be signed to minimum-salary contracts for one or two seasons (but the deals have no bonuses of any kind). Teams can sign players to Two-Way contracts, turn a Two-Way contract into a standard NBA contract or convert certain standard NBA contracts into a Two-Way contract.
An Exhibit 10 contract is a one-year, minimum salary agreement that isn't guaranteed. It can also include an optional bonus of up to $75,000 that will be rewarded if a player, after he's waived, spends at least 60 days with a team's G League affiliate.
James, 40, signed a two-year contract extension with the Lakers in the offseason, a deal that included a de facto no-trade clause.
The 2025-26 season marks the first of ESPN's 11-year rights extension with the NBA. As part of the agreement, TNT Sports will also begin showing 13 Big 12 football and 15 men's basketball games next season as part of a sublicense with ESPN.
Los Angeles Lakers Contracts Player (18)PosAge At Signing Doncic Luka Doncic PG 22 James LeBron James PF 39 Finney-Smith Dorian Finney-Smith PF 28 Reaves Austin Reaves SG 2512 more rows
The 11-year deal is worth a $76 billion, per the Associated Press. The nine-year, $24 billion deal that the NBA currently has -- which airs games nationally on ESPN/ABC and TNT -- expires at the end of the 2024-25 season. This new deal will kick in for the 2025-26 campaign and run through the 2035-36 season.
On Monday, the TNT Sports and NBA released details of the deal, which will run concurrently with the 11-year, $76 billion TV deal the NBA reached with ESPN/ABC, NBC and Amazon. The new TV deal begins with the 2025-26 season.
After several months of negotiations, the NBA reached an agreement with ESPN/ABC, NBCU and Amazon Prime Video in a new $76 billion, 11-year contract. The media rights agreement begins with the 2025-26 season and represents an increase of 160% per season compared to the current contract.
TNT lost its NBA media rights in the league's newest media deal that saw Amazon and NBC join ESPN in securing rights for the next 11 seasons.