Mingji Woj revealed that Sabonis re-signed in 5 years and renewed the contract in advance (renegotiation and extension) King.
In the labor agreement, re-signing and early renewal (extension) are different concepts.
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Simply put:
Renewal in advance-the remaining contract remains unchanged, adding another N years to the contract;
Re-signing-void the remaining contract and re-sign a contract.
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In the case of Xiao Sa, he and the King had a contract of 19.4 million dollars for the 2020-24 season.
On the premise that he can get 0.217 billion dollars in the next five years, then:
Situation 1: after re-signing and renewing the contract in advance, this part of the number of 2023-24 season will be invalidated, and the specific number of the contract will be recalculated. Judging from the estimate, the situation of this contract is that the annual salary is about 43.4 million;
Situation 2: If Xiao Sa did not sign a new contract with the king, but only renewed it in advance, his contract would be: the salary of the 2023-24 season is 19.4 million, and then the annual salary of 2024-2028 is about 50 million.
Details and cases of NBA labor agreement
