NBA fans and new viewers might have heard the word “Supermax” when a team signs a player or is about to sign a big contract. Moreover, when a veteran signs a big contract with a team, Supermax is the most pronounced before his contract. So let’s not wait anymore and see the NBA Supermax explained below.
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NBA Supermax explained
The NBA Supermax is a type of contract that is signed by NBA veterans. Not everyone can sign it, as the best players on the teams who are about to be retained sign this contract. Whoever signs a Supermax contract can get over $60 million in salary.
With the NBA Supermax contract, the player can get a 35% maximum salary without having 10 or more years of experience, with the help of the below-mentioned awards.
NBA veterans are those players who have at least competed in seven seasons in the NBA. Because they are the only ones who can sign this contract. Not just seven seasons of experience, but they must have been one of the below-mentioned awards in the last three seasons.
- All NBA Teams
- Defensive Player of the Year
Because they will be getting a maximum of 35% of the team’s salary cap. Well, it depends on the years of experience, and the amount is calculated accordingly.
- 25% for at least six years of experience
- 30% for seven to nine years of experience
- 35% for ten or more than ten years of experience.
Also Read: NBA veteran minimum explained
Current players who are on Supermax contracts
- Nikola Jokic
- Joel Embiid
- Giannis Antetokounmpo
- Stephen Curry
- Damian Lillard
- Russel Westbrook
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