Contract Details

Derrick White's Contract Extension: Impact on Celtics and NBA

Contract Details

Derrick White inked a lucrative four-year, $70 million contract with the San Antonio Spurs, which includes a guaranteed $68 million and an average annual salary of $17.5 million. His contract stipulates performance bonuses, including $500,000 for playing 70 games, $500,000 for making 185 three-pointers, and $250,000 for earning a spot on the All-Defensive Team.

Impact on Celtics

Jrue Holiday's contract extension with the Celtics has sparked speculation about Derrick White's future in Boston. According to ESPN's Zach Lowe, White could fetch a contract with a starting salary in the $20 million range, making it less likely that he will remain with the Celtics.

Contract Bonus

White's transformation into a reliable 3-point shooter has earned him a bonus payment. His contract for the 2023-24 NBA season includes an incentive for making a certain number of three-pointers. The details of the incentive remain undisclosed.

Contract Structure

In the 2024-25 season, White will have a base salary of $18,821,429 and a cap hit of $19,571,429. The contract was signed using Bird Rights, which gave the Spurs more flexibility to offer a higher salary.

Extension Agreement

San Antonio Spurs guard Derrick White has reached an agreement on a four-year, $73 million extension. The deal was brokered by his agent, Mike Lindeman of Excel Sports Management.