On October 22, Beijing time, on the deadline for the early renewal of the 2021 rookie, 6 more people completed the contract renewal, and 5 of them signed a contract of 100 million yuan. Green signed a three-year contract with the Rockets for $106 million, Shin Jing signed a five-year contract for $185 million, and the Rockets got a total of $291 million contracts. Murphy and the Pelicans signed for four years and $112 million, Suggs and the Magic for five years and $150.5 million, the Hawks and Jalen Johnson for five years and $150 million, and Kispert and the Wizards for four years and $54 million. Kuminga did not reach an early contract extension agreement with the Warriors.
Green signed a three-year, 106 million contract with the Rockets
According to Shams of The Athletic, Jalen Green has agreed to sign a three-year, $106 million rookie early contract extension with the Rockets. It's a 2+1 contract with a player option for the third year, giving Green the potential to increase his income in the future. Jalen Green also became the first player in NBA history to successfully sign a 2+1 rookie with a nine-figure contract total.
Green's early contract extension details are as follows: 33 million for 2025-26, 36 million for 2026-27, and 36 million for 2027-28 (player option).Jalen Green's new contract also includes a 10% trade margin.
Green, 22, who did not receive a salary cap offer from the Rockets, signed the contract, which provides short-term financial flexibility and allows him to earn $240 million over the next five years, exceeding the current cap of $224 million. Because he will be eligible for an early contract extension as soon as October 2026 and can choose to jump out of his contract at the age of 25,
In the 2023-24 season, Green performed well, playing 82 regular season games, averaging 31.7 minutes per game, scoring 19.6 points, 5.2 rebounds and 3.5 assists, especially in the jumper and basket efficiency from March to April, in the Rockets' 11-game winning streak, Green averaged 30.2 points per game, shooting 50% from the field and 45% from three-point range.
Shin Kyung and Rockets signed a five-year 185 million contract
The Rockets and Shen Jing signed a five-year, $185 million contract, and after the Rockets and Green reached a three-year, $106 million contract extension, they continued to negotiate with Shen Jing's representatives and finally reached a consensus before the deadline. Shin Kyung's five-year contract, with a player option in the final year. Shen Jing's maximum salary for early contract renewal can reach up to 225 million for 5 years, and the current contract he signed is 40 million less than the maximum salary.
Last season, Shin Jing played in 63 games, averaging 21.1 points, 9.3 rebounds, 5 assists and 1.2 steals per game, shooting 53.7% from the field, ranking third among the most improved players. In this year's preseason, Shen Jing played an average of 24.5 minutes per game, contributing 16.8 points, 7.3 rebounds and 2.8 assists, shooting 66.7% from the field.
It was previously reported that the Rockets did not make a cap salary offer to Shin Kyung and Green, and now it seems that both are willing to make concessions and renew their contracts with the Rockets early.
Murphy and the Pelicans signed a four-year, 112 million contract
Murphy III and the Pelicans agreed to a four-year, $112 million early contract extension. The contract does not include a bonus clause and there is no player option. The 24-year-old Murphy was primarily off the bench for the Pelicans last season, averaging 14.8 points and 4.9 rebounds per game.
Murphy has developed into an excellent 3-and-D wing player with a career three-point shooting percentage of 39.2 percent, including 7.8 three-pointers per game last season and a 38 percent three-point shooting percentage. Murphy and teammate McCollum are the only two players in Pelicans history who can hit at least 150 three-pointers in multiple seasons, according to ESPN data.
Last season, when Murphy was the closest defender, opponents shot just 42.2 percent from the field, the fifth-lowest percentage of 201 players who defended at least 500 shots. Due to a right hamstring strain, Murphy is expected to miss the initial stages of the regular season.
Suggs and Magic signed for 5 years and 150.5 million
The 22-year-old Suggs and the Magic agreed to a five-year, $150.5 million contract extension before the deadline. He made a breakthrough in the third season of his career, helping the Magic rank third in defensive efficiency last season. He became only the third player on the Magic's All-NBA Defensive Team, joining Horace Grant and Dwight Howard. Jalen Suggs' early contract extension is fully guaranteed
Suggs' shooting ability is also improving, averaging 5.1 three-pointers per game last season, shooting nearly 40 percent from the field, and averaging 12.6 points and 1.4 steals in 27 minutes per game.
Suggs, the No. 5 pick in 2021, signed a long-term contract with the Magic, just like Wagner Jr. This summer, Wagner Jr. signed a five-year, $224 million contract extension with the Magic.
The Hawks and Johnson signed a five-year, $150 million contract
Johnson and the Hawks reached a five-year, 150 million early contract extension. Johnson, the No. 20 pick in the first round in 2021, averaged 16 points, 8.7 rebounds and 3.6 assists per game last season. It is reported that this is a fully guaranteed 5-year contract.
Kispert and the Wizards signed a four-year, 54 million contract
According to Shams of The Athletic, sources have revealed that the Wizards have agreed to sign forward Kispert to a four-year, $54 million early contract extension. Kispert is the No. 15 pick in 2021 and has $5.71 million left on his rookie contract.
Last season, Kispert played in 80 games for the Wizards, averaging 13.4 points, 2.8 rebounds and 2 assists per game, shooting 6 three-pointers per game and shooting 38.3% from the field. In his last 19 consecutive starts, Kispert averaged 17.2 points per game while shooting 50.8 percent from the field and 43.9 percent from three-point range.
The Wizards selected Kispert with the 15th pick in the first round of the 2021 draft. He's a prolific three-point shooter with 459 three-pointers so far in his career, the highest in the first three seasons of Wizards history.
Kuminga did not renew his contract with the Warriors early
ESPN reported that Kuminga and the Warriors failed to reach an early contract extension, and the two sides have been negotiating for the past few months but have not been able to reach an agreement before the deadline.
Kuminga believes in his talent and ability to become a star in the league, and the Warriors have seen data that can measure his growth, similar to the Clippers' Kawhillard, the Pacers' Siakam, and the Celtics' Jaylen Brown's early career performances.
Although no deal was reached, the Warriors still have priority to keep Kuminga. He will be a restricted free agent next summer, and the Warriors can match any offer.
"Even if they don't renew their contracts, it doesn't mean they won't be here for long," Dunleavy Jr., the Warriors' general manager, said ahead of training camp.
Cole said he had been in close contact with Kuminga and Moses · during their negotiations. The Warriors eventually signed Moody to a three-year, $39 million contract extension
Kuminga is in contention for a starting spot – a source says it's "important" for the striker. Kuminga told ESPN that he wasn't bothered with starting or coming off the bench, but he admitted that he would be a little more relaxed when he was in the starting lineup. Kuminga's task in preseason is to adapt to the role of small forward, which will open up more possibilities for him to start.
Last season, Kuminga averaged 16.1 points, 4.8 rebounds and 2.2 assists in 26 minutes per game in 74 games, 46 of which were starts.