Lauri Markkanen

Utah Jazz, Power Forward
Age: 27-183d (May 22, 1997)
Exp: 7 Years
Country: FI
College: Arizona
Drafted: Round 1 (#7 overall), 2017
2024-25 Cap Hit

$42,176,400

2024-25 Cash

$42,176,400

Career Earnings

$111,661,155

2025-2028 Veteran Extension (UPCOMING EXTENSION)

Lauri Markkanen signed a 4 year , $195,868,144 contract with the Utah Jazz, including $195,868,144 guaranteed, and an average annual salary of $48,967,036.
Contract Terms:
4 yr(s) / $195,868,144
Average Salary:
$48,967,036
GTD at Sign:
$195,868,144
Total GTD:
$195,868,144
Signed Using:
Bird Rights
Free Agent:
2029 / UFA
Year Age Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2025-26 28 $46,394,100 30.00% $46,394,100 $46,394,100 24.69% $46,394,100 $46,394,100 $46,394,100
2026-27 29 $46,113,154 27.11% $46,113,154 $46,113,154 22.31% $46,113,154 $46,113,154 $92,507,254
2027-28 30 $49,824,681 26.63% $49,824,681 $49,824,681 21.91% $49,824,681 $49,824,681 $142,331,935
2028-29 31 $53,536,209 26.01% $53,536,209 $53,536,209 21.41% $53,536,209 $53,536,209 $195,868,144
2029-30 32
UFA
Year Age Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap Luxury Tax
2025-26 28 $46,394,100 - - $46,394,100 30.00% $46,394,100
2026-27 29 $46,113,154 - - $46,113,154 27.11% $46,113,154
2027-28 30 $49,824,681 - - $49,824,681 26.63% $49,824,681
2028-29 31 $53,536,209 - - $53,536,209 26.01% $53,536,209
2029-30 32
UFA
Year Age Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2025-26 28 $46,394,100 $46,394,100 $46,394,100 $46,394,100 $48,967,036
2026-27 29 $46,113,154 $46,113,154 $92,507,254 $46,253,627 $49,824,681
2027-28 30 $49,824,681 $49,824,681 $142,331,935 $47,443,978 $51,680,445
2028-29 31 $53,536,209 $53,536,209 $195,868,144 $48,967,036 $53,536,209
Trade Restriction: This player cannot be traded until Feb 07, 2025.
Source: Spotrac

2021-2024 sign-and-trade (CURRENT)

Lauri Markkanen signed a 4 year , $67,470,906 contract with the Chicago Bulls, including $67,470,906 guaranteed, and an average annual salary of $16,867,727. In 2024-25, Markkanen will earn a base salary of $42,176,400, while carrying a cap hit of $42,176,400 and a dead cap value of $42,176,400.
Contract Terms:
4 yr(s) / $67,470,906
Average Salary:
$16,867,727
GTD at Sign:
$55,426,362
Total GTD:
$67,470,906
Signed Using:
Bird Rights
Year Age Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2021-22 24 $15,690,909 13.96% $15,690,909 $15,690,909 11.49% $15,690,909 $15,690,909 $15,690,909
2022-23 25 $16,475,454 13.32% $16,475,454 $16,475,454 10.96% $16,475,454 $16,475,454 $32,166,363
2023-24 26 $17,259,999 12.69% $17,259,999 $17,259,999 10.44% $17,259,999 $17,259,999 $49,426,362
2024-25 27 $42,176,400 30.00% $42,176,400 $42,176,400 24.69% $42,176,400 $42,176,400 $91,602,762
Year Age Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap Luxury Tax
2021-22 24 $15,690,909 - - $15,690,909 13.96% $15,690,909
2022-23 25 $16,475,454 - - $16,475,454 13.32% $16,475,454
2023-24 26 $17,259,999 - - $17,259,999 12.69% $17,259,999
2024-25 27 $42,176,400 - - $42,176,400 30.00% $42,176,400
Year Age Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2021-22 24 $15,690,909 $15,690,909 $15,690,909 $15,690,909 $22,900,691
2022-23 25 $16,475,454 $16,475,454 $32,166,363 $16,083,182 $25,303,951
2023-24 26 $17,259,999 $17,259,999 $49,426,362 $16,475,454 $29,718,200
2024-25 27 $42,176,400 $42,176,400 $91,602,762 $22,900,691 $42,176,400
Trade Restriction: This player cannot be traded until Feb 07, 2025.
Contract Notes
  • $55,426,362 guaranteed at signing (2021-22 salary + 2022-23 salary + 2023-24 salary + $6M 2024-25 salary)
  • 2024-25: $6,000,000 guaranteed, fully guaranteed later of 1 day after 2024 NBA Draft (6/28/24) or 2 days prior to start of 2024 Moratorium
  • 2024-25: Original: $18,044,544; Renegotiaton added: $24,1318,56
Source: Spotrac

2017-2020 Rookie

Lauri Markkanen signed a 4 year , $20,389,668 contract with the Chicago Bulls, including $20,389,668 guaranteed, and an average annual salary of $5,097,417.
Contract Terms:
4 yr(s) / $20,389,668
Average Salary:
$5,097,417
GTD at Sign:
$8,357,760
Total GTD:
$20,389,668
Signed Using:
rookie-scale-exception
Free Agent:
2021 / RFA
Spotrac Premium Tools
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Seasons

7 Years

Career Earnings thru 2024

$111,661,155

Earnings w/ Different Teams

3 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2017 20
Active
$3,821,640
$3,821,640
2018 21
Active
$4,536,120
$8,357,760
2019 22
Active
$4,969,125
$13,326,885
2020 23
Active
$6,731,508
$20,058,393
2021 24
Active
$15,690,909
$35,749,302
2022 25
Active
$16,475,454
$52,224,756
 MIP
2023 26
Active
$17,259,999
$69,484,755
2024 27
Active
$42,176,400
$111,661,155
Total      
$111,661,155
$111,661,155
2025 28
Active
$46,394,100
2026 29
Active
$46,113,154
2027 30
Active
$49,824,681
2028 31
Active
$53,536,209
Total
$307,529,299

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $20,058,393 - - $20,058,393
1 $15,690,909 - - $15,690,909
3 $75,911,853 - - $75,911,853
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2017
20
$3,821,640
$3,821,640
$3,821,640
2018
21
$4,536,120
$4,536,120
$8,357,760
2019
22
$4,969,125
$4,969,125
$13,326,885
2020
23
$6,731,508
$6,731,508
$20,058,393
2021
24
$15,690,909
$15,690,909
$35,749,302
2022
25
$16,475,454
$16,475,454
$52,224,756
2023
26
$17,259,999
$17,259,999
$69,484,755
2024
27
$42,176,400
$42,176,400
$111,661,155
Total
$111,661,155
$111,661,155
$111,661,155
2025
28
$46,394,100
$46,394,100
2026
29
$46,113,154
$46,113,154
2027
30
$49,824,681
$49,824,681
2028
31
$53,536,209
$53,536,209
Total
$307,529,299
$307,529,299

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $20,058,393 - - $20,058,393
1 $15,690,909 - - $15,690,909
3 $75,911,853 - - $75,911,853

Injuries

Year Dates Games Missed Reason
2024-25 UTA Oct 31, 2024 - Nov 06, 2024 3 Back
2023-24 UTA Mar 29, 2024 - Apr 14, 2024 9 Shoulder
2023-24 UTA Mar 23, 2024 - Mar 24, 2024 1 Quad
2023-24 UTA Mar 20, 2024 - Mar 20, 2024 1 Injury Management
2023-24 UTA Mar 04, 2024 - Mar 17, 2024 6 Quad
2023-24 UTA Dec 21, 2023 - Dec 22, 2023 1 Hamstring
2023-24 UTA Dec 14, 2023 - Dec 15, 2023 1 Hamstring
2023-24 UTA Nov 25, 2023 - Dec 12, 2023 8 Hamstring
2022-23 UTA Apr 04, 2023 - Apr 09, 2023 4 Hand
2022-23 UTA Mar 29, 2023 - Apr 01, 2023 2 Hand
2022-23 UTA Mar 24, 2023 - Mar 26, 2023 2 Hand
2022-23 UTA Mar 20, 2023 - Mar 21, 2023 1 Back
2022-23 UTA Mar 05, 2023 - Mar 06, 2023 1 Back
2022-23 UTA Feb 15, 2023 - Feb 15, 2023 1 Knee
2022-23 UTA Jan 14, 2023 - Jan 17, 2023 2 Hip
2022-23 UTA Dec 07, 2022 - Dec 12, 2022 3 Illness
2021-22 CLE Mar 12, 2022 - Mar 13, 2022 1 Ankle
2021-22 CLE Jan 24, 2022 - Feb 23, 2022 11 Ankle
2021-22 CLE Nov 03, 2021 - Nov 21, 2021 9 Health Protocols
2020-21 CHI Apr 30, 2021 - Apr 30, 2021 1 Illness
2020-21 CHI Feb 06, 2021 - Mar 10, 2021 13 Shoulder
2020-21 CHI Dec 31, 2020 - Jan 14, 2021 7 Calf
2019-20 CHI Jan 24, 2020 - Mar 03, 2020 15 Groin
2018-19 CHI Mar 27, 2019 - Apr 10, 2019 7 Illness
2018-19 CHI Oct 18, 2018 - Dec 01, 2018 23 Elbow
2017-18 CHI Mar 29, 2018 - Mar 29, 2018 1 Arm
2017-18 CHI Mar 13, 2018 - Mar 22, 2018 5 Back
2017-18 CHI Jan 31, 2018 - Feb 08, 2018 3 Personal
2017-18 CHI Dec 11, 2017 - Dec 17, 2017 3 Back
  • Aug 07, 2024 Signed a 4 year $195.8 million contract extension with Utah (UTA) as part of a renegotiation-and-extend. 2024-25 salary was increased by $24,1318,56
  • Jun 28, 2024 Utah (UTH) fully guaranteed $18 million salary for 2024-25
  • Sep 03, 2022 Traded to Utah (UTA) from Cleveland (CLE) with Collin Sexton , Ochai Agbaji , 2025 1st round pick [unprotected] , 2027 1st round pick [unprotected] , 2029 1st round pick [unprotected] , 2026 1st round pick [UTH right to swap] and 2028 1st round pick [UTH right to swap] for Donovan Mitchell
  • Aug 28, 2021 Traded to Cleveland (CLE) from Chicago (CHI) as part of a 3-team trade: Cleveland (CLE) traded Larry Nance Jr. to Portland (POR); Portland (POR) traded Derrick Jones Jr., 2022 1st round pick and 2023 2nd round pick to Chicago (CHI)
  • Aug 28, 2021 Signed a 4 year $67.47 million contract with Chicago (CHI) as part or a Sign-and-Trade with Cleveland (CLE)
  • Jul 30, 2021 Chicago (CHI) extended $9.03 million Qualifying Offer; becomes Restricted Free Agent
  • Oct 21, 2019 Chicago (CHI) exercised $6.73 million option for 2020-21
  • Oct 30, 2018 Chicago (CHI) exercised $5.3 million option for 2019-20
  • Jul 05, 2017 Signed a 4 year $20.39 million rookie scale contract with Chicago (CHI)
  • Jun 22, 2017 Traded to Chicago (CHI) from Minnesota (MIN) with Zach LaVine and Kris Dunn for Jimmy Butler and Justin Patton
  • Jun 22, 2017 Drafted by Minnesota (MIN): Round 1 (#7 overall)

Fines

Date Reason Fine Amount
Dec 21, 2018 for technical foul during ORL-CHI game $2,000
Oct 23, 2023 for technical foul during TBD game $2,000
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2024 UTA 7 7 29.9 16.7 6.3 2.9 0.7 .389 .421 .838
2023 UTA 55 55 33.1 23.2 8.2 2.0 0.9 0.5 .480 .399 .899
2022 UTA 66 66 34.4 25.6 8.6 1.9 0.6 0.6 .499 .391 .875
2021 CLE 61 61 30.8 14.8 5.7 1.3 0.8 0.5 .445 .358 .868
2020 CHI 51 26 25.8 13.6 5.3 0.9 0.5 0.3 .480 .402 .826
2019 CHI 50 50 29.8 14.7 6.3 1.5 0.8 0.5 .425 .344 .824
2018 CHI 52 51 32.3 18.7 9.0 1.4 0.7 0.6 .430 .361 .872
2017 CHI 68 68 29.7 15.2 7.5 1.2 0.6 0.6 .434 .362 .843

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TRANSACTIONS

Aug 07, 2024
Signed a 4 year $195.8 million contract extension with Utah (UTA) as part of a renegotiation-and-extend. 2024-25 salary was increased by $24,1318,56
Jun 28, 2024
Utah (UTH) fully guaranteed $18 million salary for 2024-25
Sep 03, 2022
Traded to Utah (UTA) from Cleveland (CLE) with Collin Sexton , Ochai Agbaji , 2025 1st round pick [unprotected] , 2027 1st round pick [unprotected] , 2029 1st round pick [unprotected] , 2026 1st round pick [UTH right to swap] and 2028 1st round pick [UTH right to swap] for Donovan Mitchell
Aug 28, 2021
Traded to Cleveland (CLE) from Chicago (CHI) as part of a 3-team trade: Cleveland (CLE) traded Larry Nance Jr. to Portland (POR); Portland (POR) traded Derrick Jones Jr., 2022 1st round pick and 2023 2nd round pick to Chicago (CHI)
Aug 28, 2021
Signed a 4 year $67.47 million contract with Chicago (CHI) as part or a Sign-and-Trade with Cleveland (CLE)
Jul 30, 2021
Chicago (CHI) extended $9.03 million Qualifying Offer; becomes Restricted Free Agent
Oct 21, 2019
Chicago (CHI) exercised $6.73 million option for 2020-21
Oct 30, 2018
Chicago (CHI) exercised $5.3 million option for 2019-20
Jul 05, 2017
Signed a 4 year $20.39 million rookie scale contract with Chicago (CHI)
Jun 22, 2017
Traded to Chicago (CHI) from Minnesota (MIN) with Zach LaVine and Kris Dunn for Jimmy Butler and Justin Patton
Jun 22, 2017
Drafted by Minnesota (MIN): Round 1 (#7 overall)

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