136021000 Salary Cap History Largest Guarantee
NBA Salary Cap History
The NBA salary cap is a limit on the amount of money that teams can spend on player salaries. The cap is designed to promote competitive balance and prevent teams from spending too much money on star players. The salary cap has been in place since the 1984-85 season, and it has been gradually increasing over time.
Largest Guaranteed Contracts in NBA History
The largest guaranteed contract in NBA history is the five-year, $136,021,000 deal that Karl-Anthony Towns signed with the Minnesota Timberwolves in 2018. Towns' contract is the first in NBA history to be worth more than $130 million, and it is a sign of the increasing value of star players in the league.
Other players who have signed large guaranteed contracts in recent years include Stephen Curry, LeBron James, and Giannis Antetokounmpo. Curry signed a five-year, $122 million contract with the Golden State Warriors in 2017, while James signed a four-year, $153 million contract with the Los Angeles Lakers in 2018. Antetokounmpo signed a five-year, $100 million contract with the Milwaukee Bucks in 2016.
The increasing value of star players is likely to continue in the years to come. As the NBA becomes more popular and revenue increases, teams will be willing to pay more money to keep their star players happy.
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