Brown Breaks the Bank 🏦

07/26/2023

By: Jeff Yoder

Celtics & Jaylen Brown Agree to Record-Setting $304 Million Supermax Extension

Move over, Nikola Jokic. There’s a new largest contract in NBA history. The Celtics and Jaylen Brown reset the NBA market on Tuesday with a five-year, $304 million supermax extension. That’s just over $60 million per year — the largest annual payout in American sports. It wasn’t a surprise that the Celtics decided to keep the two-time all-star, but the bank-breaking dollar amount enters a new stratosphere for NBA contracts to come. It’s the first $300 million contract in NBA history, and that’s for a guy who isn’t even the best player on his own team. Major League Baseball has been dishing out $300 million contracts for years now, but most of those are spread over 10-14 years. Brown’s five-year deal makes this a staggering play for Boston. Get ready for more NBA mega-deals to come.

Richest NBA Contracts

1. Jaylen Brown (BOS): 5 Years, $304 Million

2. Nikola Jokic (DEN): 5 Years, $276 Million

3. Bradley Beal (PHX): 5 Years, $251 Million

4. Devin Booker (PHX): 4 Years, $234 Million

5. Karl-Anthony Towns (MIN): 4 Years, $234 Million

6. Giannis Antetokounmpo (MIL): 5 Years, $228 Million

7. Stephen Curry (GSW): 4 Years, $215 Million

8. Luka Doncic (DAL): 5 Years, $215 Million

Fun Fact: Brown’s teammate, Jayson Tatum, finished top-six in MVP voting each of the last two seasons. He’s currently in the middle of a five-year, $163 million contract — roughly half the cost of Brown’s new salary. Expect Boston to lock Tatum into a similar deal sooner than later. That’s roughly $610 million for Boston allocated to the duo of Tatum and Brown for supermax cash.

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Photo: Maddie Meyer / Getty Images