NBA Offseason Extensions: A Deep Dive
The 2024-25 NBA season is just around the corner, but several teams have already made significant moves by signing notable players to contract extensions. In this article, we’ll break down the key deals and what they mean for their respective teams.
Rockets Secure Top Duo
The Houston Rockets have agreed to separate extension deals with center Alperen Sengun and guard Jalen Green. Sengun’s five-year, $185 million extension is a win for the Rockets, considering he was as productive as any 2021 draft pick last season. The deal pays Sengun a little more than 80% of the expected $224 million max for rookie extensions.
On the other hand, Green’s three-year, $106 million extension is a bit more complicated. While Green has shown flashes of stardom, his efficiency was buoyed by far better 3-point shooting in the final quarter of the season. The deal’s structure, which includes a player option in the third year, puts Green potentially in unrestricted free agency in the summer of 2027.
Murphy Nets New Pelicans Deal
The New Orleans Pelicans have agreed to a four-year, $112 million extension with forward Trey Murphy III. Murphy has been one of the most consistent performers from the 2021 draft class, averaging 14.6 PPG over the past two seasons while shooting 39% on 3s and 61% on 2s. The deal pays Murphy like an average starter, and if he improves, it could be a bargain.
Suggs Agrees to Magic Extension
The Orlando Magic have agreed to a five-year, $150.5 million extension with guard Jalen Suggs. Suggs picked a good time to enjoy a breakthrough campaign, averaging 11.8 PPG and 4.4 APG as a rookie. The deal is about fair, considering Suggs’ development as a jump shooter and defensive playmaker. If Suggs adds more creation, the Magic could get a bargain.
Looking Ahead
The NBA offseason is always full of surprises, and these extensions are just the beginning. As the season approaches, teams will continue to make moves to shape their rosters. With the salary cap projected to rise, teams will have to navigate the complexities of contract negotiations to build a winning team. One thing is certain – the 2024-25 NBA season is shaping up to be an exciting one.
Team-by-Team Breakdown
- Houston Rockets: Secured top duo with Sengun and Green extensions
- New Orleans Pelicans: Agreed to Murphy extension, still have decisions to make on Ingram and McCollum
- Orlando Magic: Agreed to Suggs extension, have payroll flexibility for 2025-26
Key Takeaways
- The Rockets secured their top duo with Sengun and Green extensions
- The Pelicans agreed to a fair deal with Murphy, but still have decisions to make on Ingram and McCollum
- The Magic agreed to a fair deal with Suggs, who has the potential to add more creation to his game
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