Service Agreement Provider Contract With The Lakers In Cook
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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.
The salary cap for the 2022–23 season is $123.655 million (minimum team salary, which is set at 90 percent of the Salary Cap, is $111.290 million). The league's newest CBA, which took effect with the 2023–24 season, requires teams to meet the 90% salary floor at the start of preseason training camp.
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.
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.
The NBA Players Association limits agent commissions to 4% of a player's salary. While that might sound small, the numbers become significant when you consider the scale of today's NBA contracts. For instance, an agent negotiating a $100 million contract will earn $4 million just from that one deal.
In June 1981, Lakers owner Jerry Buss announced that Johnson had signed a 25-year, $25 million contract.
Los Angeles Lakers DatePlayerPOS B. Hinson SG C. Koloko C A. Fudge SF J. Goodwin SG20 more rows
Last summer, James signed a two-year, $101.3 million contract with the Lakers with a player option for 2025-26. He is due to earn $48.7 million this season and $52.6 million next season.
Los Angeles Lakers Transactions 2025 Signed C Alex Len to a rest-of-season contract. Signed G John Goodwin to a two-way contract. Waived F Armel Traore. Acquired C Mark Williams from Charlotte Hornets for G Dalton Knecht, F Cam Reddish, an unprotected 2031 first-round draft pick and a 2030 pick swap.
The three-team deal, in which Los Angeles acquires veteran forwards Maxi Kleber and Markieff Morris, also includes Utah getting Jalen Hood-Schifino and a 2025 second-rounder from both the Mavs and Lakers. Los Angeles Lakers get: Luka Dončić Maxi Kleber.
