Value of max contracts for 2014 NBA free agents

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I previously explained and estimated the value of max contracts this summer, but that was based on the projected salary cap.

Now that the cap has been set, we can determine actual max salaries.

Remember, a max salary is determined by experience and previous salary. Just two free agents – Dirk Nowitzki and Carmelo Anthony – had high enough 2013-14 salaries to exceed the max based on years of experience.

Here are the values of max contracts for Nowitzki, Melo and everyone else based on years of experience (updated with precise amounts the NBA provided teams):

0-6 years

Year Re-sign Leave
One $14,746,000 $14,746,000
Two $15,851,950 $15,409,570
Three $16,957,900 $16,073,140
Four $18,063,850 $16,736,710
Five $19,169,800
Total $84,789,500 $62,965,420

7-9 years

Year Re-sign Leave
One $17,695,200 $17,695,200
Two $19,022,340 $18,491,484
Three $20,349,480 $19,287,768
Four $21,676,620 $20,084,052
Five $23,003,760
Total $101,747,400 $75,558,504

10+ years

Year Re-sign Leave
One $20,644,400 $20,644,400
Two $22,192,730 $21,573,398
Three $23,741,060 $22,502,396
Four $25,289,390 $23,431,394
Five $26,837,720
Total $118,705,300 $88,151,588

Dirk Nowitzki (plans to sign three-year, $30 million contract)

Year Re-sign Leave
One $23,857,450 $23,857,450
Two $25,646,759 $24,931,035
Three $27,436,068 $26,004,621
Four $29,225,376 $27,078,206
Five $31,014,685
Total $137,180,338 $101,871,312

Carmelo Anthony (reportedly plans to re-sign with Knicks)

Year Re-sign Leave
One $22,458,402 $22,458,402
Two $24,142,782 $23,469,030
Three $25,827,162 $24,479,658
Four $27,511,542 $25,490,286
Five $29,195,922
Total $129,135,810 $95,897,375

If you’re wondering about LeBron James and Chris Bosh (and maybe even Dwyane Wade), the Heat’s stars can get the max for players with 10+ years experience.