Boston Celtics shooting guard Jaylen Brown has signed a five-year, $304 million supermax contract extension, making it the richest deal in NBA history. The contract surpasses the previous record set by the Denver Nuggets' Nikola Jokic just last month. The deal will keep Brown on the Celtics' roster until the end of the 2028 season and will pay him $52.3 million in its first year, increasing to $69.1 million in its final year.
According to Brown's agent, Jason Glushon, the contract is fully guaranteed. However, Brown will not have a no-trade clause, which would allow him to veto trades to specific teams. This is because he signed an extension, as reported by The Athletic.
It is worth noting that Jokic, a two-time NBA MVP and reigning league champion, set the previous record for the richest NBA contract last month with a five-year, $264 million extension with the Nuggets.
Looking ahead, Brown and his teammate Jayson Tatum could potentially earn a combined $613 million in contracts starting next year, according to Yahoo! Sports. Tatum is eligible for a similar contract extension following the upcoming season.
Brown became eligible for the supermax extension after being named second-team All-NBA during the 2022 season. A supermax contract allows teams to pay players 35% of the NBA's salary cap, which is set at just over $136 million, with an 8% increase each year. Last season, Brown had career-highs in points (26.6) and shooting percentage (49%), helping lead the Celtics to the Eastern Conference Finals. In addition to his on-court success, Brown also serves as the vice president of the NBA's players' union, the National Basketball Players Association.
This record-breaking contract solidifies Brown's position as a key player for the Celtics and highlights the team's commitment to building around their young core.