Where Anthony Davis Contract Ranks Among NBA's Richest Deals

Less than two months after winning his first NBA championship, Los Angeles Lakers All-Star forward Anthony Davis has reportedly committed to sign a five-year, $190 million extension with the franchise.

Rich Paul, Davis' agent and the founder and CEO of Klutch Sports, told ESPN on Thursday that his client was finalizing a deal to remain with the reigning NBA champions.

The five-year extension reportedly includes an early-termination option before the fifth year of the deal in 2024-25. According to ESPN, Davis will make $32.7 million in the coming season, with his salary increasing to $35.3 million and $37.9 million in the two following years. The seven-time All-Star will make $40.6 million in the 2023-24 season and $43.2 million in the final year of his deal.

The $190 million Davis will earn over the next five years is the maximum amount he was allowed to sign for under the NBA's Collective Bargaining Agreement.

Players with between nine and seven years of service in the league can earn up to 30 percent of the current cap in the first year of a new deal, which this season amounts to $32.7 million.

By the time Davis' current deal expires, he will have been in the league for over 10 years and will therefore be eligible to sign the so-called supermax contract, which allows qualified players to sign a five-year deal worth up to 35 percent of the salary cap in its first year, with eight percent increments in each of the following seasons.

According to figures from Spotrac, Davis' five-year extension will make his contract the NBA's third-highest in terms of total value, alongside Golden State Warriors star Klay Thompson, who agreed to a five-year maximum deal in July last year.

Russell Westbrook and Stephen Curry are the only players whose contracts exceed the value of Davis' extension. Curry signed a five-year extension worth $201 million with the Warriors in the summer of 2017, becoming the first NBA player to sign a supermax contract worth more than $200 million.

Westbrook, meanwhile, agreed a five-year extension worth $206 million with the Oklahoma City Thunder in 2018, before being traded to the Houston Rockets 12 months later and to the Washington Wizards on Wednesday.

Philadelphia 76ers star Tobias Harris ranks behind Davis and Thompson after signing a five-year extension worth $180 million last year, just ahead of teammate Ben Simmons and Milwaukee Bucks star Khris Middleton, who both agreed to deals worth $177 million over five years.

Houston Rockets star James Harden and his new teammate John Wall, whom the Rockets acquired in the Westbrook trade, complete the top-10 alongside Detroit Pistons forward Blake Griffin. The trio all signed five-year extensions worth $171 million.

Anthony Davis, Los Angeles Lakers
Anthony Davis #3 of the Los Angeles Lakers during Game 2 of the 2020 NBA Finals at AdventHealth Arena at ESPN Wide World Of Sports Complex on October 2 in Lake Buena Vista, Florida. Kevin C. Cox/Getty

In terms of average salary, however, Harden and Wall lead the way with deals worth an average of $42.7 million, followed by Westbrook and Brooklyn Nets star Kevin Durant whose contracts are worth an average of $41.3 million and $41 million respectively.

At $37.9 million, Davis' extension with the Lakers ranks as the joint-eighth most lucrative in the league in terms of average salaries, just behind his teammate LeBron James' $38.2 million annual average.

Last month, Davis declined his player option that would have paid him $28.7 million in order to become a free agent and negotiate a lucrative extension with the Lakers.

The new five-year deal will see him spend at least another three seasons alongside James, who signed a two-year extension until the end of the 2023-24 season on Wednesday.

Davis and Paul share the same agent and the former requested a trade away from New Orleans to join James in Los Angeles in January 2019.

The Pelicans initially nixed the request, but eventually agreed to send Davis to the Lakers in a blockbuster trade six months later, in exchange for Brandon Ingram, Lonzo Ball, Josh Hart and three first-round picks.

Davis and James immediately developed into one of the most devastating partnership in the NBA, taking the Lakers back to the playoffs for the first time in six seasons before clinching the franchise's first title in 10 years.

Davis averaged 26.1 points, 9.3 rebounds, 3.2 assists and 2.3 blocks per game in the regular season, shooting 50 percent from the floor, 33 percent from three-point and a career-best 84.6% from the free throw line.

He raised the bar even higher in the playoffs, averaging 27.7 points while shooting 57 percent from the floor, including 38 percent from beyond the arc, and adding 9.7 rebounds, 3.5 assists and 1.4 blocks per game.