Do you know the ball|This rule allowed Sabonis Jr. to earn more than 50 million Harden was a beneficiary

On July 2, Beijing time, Sabonis Jr. reached an agreement with the king that the two sides would renegotiate + renew the contract ahead of schedule and sign a large contract worth 217 million US dollars for 5 years.

The $217 million here includes $22 million in the final year of Sabonis Jr.'s original contract (base salary of $19.4 million plus $2.6 million bonus), which means that Sabonis Jr.'s new contract amount is $195 million.

If Sabonis Jr. only renews his contract early, the maximum contract he can sign is to sign another four years of $138 million on top of the final year of the original contract. But using the "renegotiation" clause, Sabonis Jr.'s contract totaled more than $50 million.

What is the "renegotiation"? This issue of "Do You Know the Ball" will be interpreted through cases.

Details of Sabonis Jr.'s new contract

Renegotiation, English for "Renegotiation", a team with enough salary space can renegotiate with players with non-two-year contracts, and the amount of salary increase cannot exceed the remaining salary space.

Since the King had freed up enough salary space in the previous deal, according to the rules, the King could renew his contract with Sabonis Jr. in advance and give this part of the salary space to Sabonis Jr. to raise his salary.

According to ESPN, the King spent $8.6 million in space on giving Sabonis Jr. a salary increase for the 2023-24 season, so that Sabonis Jr.'s salary for the 2023-24 season would be $22 million + $8.6 million, for a total of $30.6 million.

Over the next four years, Sabonis Jr.'s annual salary was $41.6 million, $44.9 million, $48.2 million and $51.6 million, respectively.

And if Sabonis Jr. does not renegotiate, but renews his contract early, even if the new collective agreement increases the salary increase for early renewal (from 120% to 140%), it is still not cost-effective for Sabonis Jr., because he can sign a contract of up to 4 years and 138 million US dollars.

It can be seen that after Sabonis Jr. helped the Kings end the playoff drought last season, the Kings management has regarded him as one of the core of the team, and they have given Sabonis Jr. a contract with great sincerity.

Renegotiate the case

In 2016, James Harden used this rule to renew his contract with the Rockets, and his annual salary for the 2016-17 season was $16.78 million, but when the salary cap skyrocketed, the Rockets suddenly had a large part of the salary space, and the Rockets took the salary space to renegotiate with Harden, and Harden's annual salary increased by $9.76 million that season, and his annual salary for the season increased to $26.54 million.

The 76ers also used "renegotiation" when renewing Robert Covington's contract in 2017, and Covington's annual salary was originally $1.57 million that season, but it rose to $16.7 million after renegotiation.

In the middle of last season, Pacers center Myles Turner also used this rule to renew his contract, originally Turner's annual salary last season was $18 million, the Pacers gave Turner a salary increase with a lot of remaining salary space, and after renegotiation, Turner's annual salary last season became $18 million + $17.1 million, reaching an annual salary of $35.1 million. Then in 2023-24, its annual salary is $21 million, and in 2024-25, it will be $20 million.

In 2018, Jimmy Butler negotiated a contract extension with the Timberwolves, and under the collective agreement, Butler could sign up to $110 million for four years, which he was not happy with, and he hoped that the Timberwolves would renegotiate with him to increase his annual salary for the 2018-19 season to $30 million, with a total contract value of $145 million for the next four years. The problem is that the Timberwolves don't have salary space, and if they want to clear the pay space, their depth is bound to decline. In the end, Butler ran away in anger.