Over the summer, Minnesota Timberwolves star wing Anthony Edwards signed a five-year, $204.45 million rookie contract extension. At the time, ESPN’s Adrian Wojnarowski reported the deal could be worth up to $260 million with incentives. However, that projection has dropped substantially due to the NBA’s latest salary cap shift.
Edwards recently reached the league’s 65-games-played criteria for awards voting, making him eligible for All-NBA consideration. Per ESPN’s salary cap expert Bobby Marks, Edwards’ contract will increase to $245 million if he makes an All-NBA team this season.
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Some noticed that Marks’ estimate for the two-time All-Star’s maximum salary was $15 million less than Wojnarowski’s. So, one fan on X/Twitter asked him what caused the steep decrease.
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Marks noted that the salary cap is expected to “come in lower from what was projected last offseason.” He added that “rookie and supermax extensions are only a projection.”
In late January, The Athletic’s Shams Charania reported that the NBA’s 2024-25 salary cap is projected to be $141 million. That’s $5 million more than this year’s $136 million mark. However, it’s $1 million less than the $142 million projection from the offseason when Edwards signed his extension.
So, while the 22-year-old’s base salary remains unchanged, he will have to settle for a significantly smaller bonus if he ultimately qualifies.
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Anthony Edwards on track to earn contract bonus from first All-NBA nod
As for Anthony Edwards’ chances of making an All-NBA team and earning a contract bonus, he appears well on his way to doing so.
Edwards is the leading scorer on a Minnesota team that boasts the NBA’s fourth-best record (47-22) and No. 1 defensive rating (108.4).
Through 66 games, he is averaging 26.7 points, 5.4 rebounds, 5.1 assists, 1.3 steals, 0.6 blocks and 2.5 3-pointers per game on 46.7% shooting.
Additionally, he has taken his production to the next level in co-star Karl-Anthony Towns’ absence. The four-time All-Star big man has been out since Mar. 4 after undergoing surgery to repair a left knee lateral meniscus tear.
Over that seven-game span, Edwards is averaging 31.1 ppg, 7.3 rpg, 5.4 apg, 1.7 spg, 1.4 bpg and 2.4 3pg on 48.1% shooting. Meanwhile, he has helped the Timberwolves stay afloat, leading them to a 4-3 record.
If Edwards can keep up his elite production over Minnesota’s final 13 games, he should at least make the All-NBA third team.
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