The 2024 NBA offseason has kicked into high gear, and several of the league's biggest stars can begin negotiating contract extensions.
The changes in extension rules in the 2017 and 2023 collective bargaining agreements have incentivized players to take guaranteed money now and not wait until they become free agents.
Since the 2022-23 season, 39 players have signed veteran extensions -- including Nikola Jokic, LeBron James, Devin Booker, Damian Lillard, Karl-Anthony Towns, Giannis Antetokounmpo, Anthony Davis, Jrue Holiday and Jaylen Brown.
This offseason, more than 100 players -- including All-Stars Stephen Curry, Joel Embiid, Donovan Mitchell, Jayson Tatum, Jalen Brunson and Kevin Durant -- are eligible to extend.
But several extension-eligible stars are expected to test free agency, including DeMar DeRozan, Klay Thompson and Paul George. The three players become free agents if they don't reach agreements with their respective teams by June 30.
A recap of the extension rules:
A player who signed a three-year or four-year contract is allowed to extend on the second anniversary of the original contract.
A player who signed a five-year contract is allowed to extend on the third anniversary of the original contract.
The maximum years, including what is left on the original contract, is five.
The maximum salary of the first year of the extended term is the greater of 140% of the player's salary in the last year of the contract (but not exceeding the maximum salary) or 140% of the estimated average player salary.
A first-round pick on a rookie scale contract is allowed to extend after the third year. The player is allowed to extend for five new seasons.
Here's what to expect from several top NBA stars who are eligible for extensions, and what their futures in the league could look like.
Follow NBA free agency's biggest deals
Eligible for supermax extension
