DERRICK FAVORS

Unsigned

Center, Power Forward
Years of Service Tooltip : 13
2024-25 Year of Service Earned Tooltip : No
BORN: Jul 15, 1991
BIRTHPLACE: Atlanta, Georgia, United States
NATIONALITY:United StatesUnited States
HEIGHT:
6'9"
206cm
WEIGHT:
265lbs
120kg
AGE: 33
SHOOTS: Right
DRAFT YEAR: 2010
DRAFTED OVERALL: 3
DRAFT ROUND: 1
DRAFTED BY: BKN
AGENT DETAILS
Primary Agent:Wallace Prather
SUMMARY

Derrick Favors is a 33 year old center who was born on Jul 15, 1991. He was drafted 3rd overall by the Brooklyn Nets in the 1st round of the 2010 draft. He has signed 6 contracts worth a total value of $137,464,307. He is represented by the agent Wallace Prather of Parlay Sports.

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Bird Rights: Non-Bird (NQVFA)

CONTRACT HISTORY

ROOKIE SCALE CONTRACT
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Length: 2 - 4 years
Value: $19,338,156
Guaranteed: $18,909,324 (98%)
Expiry Status: RFA
AAVTooltip: $4,834,539
Cap % Tooltip: 7.12
Signing Team: Logo of the New Jersey NetsNJN
Signing Method: Rookie ExceptionTooltip
Signing Date: July 15, 2010
Source: SalarySwish

Derrick Favors signed a 2-4 year, $19,338,156 contract with the New Jersey Nets on Jul 15, 2010. The contract has a cap hit that ranges from $4,133,280 to $6,008,196.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2010-11$4,133,280$3,926,616$3,926,616$206,664$0
2011-12$4,443,360$4,221,192 (+8%)$4,221,192$222,168$0
2012-13TeamYes (Jun 29, 2011)$4,753,320$4,753,320 (+14%)$4,753,320
(0→4.75M)
$0$0
2013-14TeamYes (Oct 26, 2012)$6,008,196$6,008,196 (+32%)$6,008,196
(0→6.01M)
$0$0
TOTAL$19,338,156$18,909,324$18,909,324$428,832$0
Qualifying Offer: $7,882,753
GUARANTEED DETAILS
2012-13: $4,753,320 Team Option [Requirements Met]
2013-14: $6,008,196 Team Option [Requirements Met]
CONTRACT NOTE: Likely Incentives: Summer League and Summer Conditioning
ROOKIE SCALE EXTENSION (EXTENSION)
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SIGNED BY: Dennis Lindsey
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Length: 4 years
Value: $48,000,000
Guaranteed: $47,000,000 (98%)
Expiry Status: UFA
AAVTooltip: $12,000,000
Cap % Tooltip: 20.53
Signing Team: Logo of the Utah JazzUTA
Signing Method: Bird ExceptionTooltip
Signing Date: October 19, 2013
Source: SalarySwish

Derrick Favors signed a 4 year, $48,000,000 contract with the Utah Jazz on Oct 19, 2013. The contract has a cap hit that ranges from $11,050,000 to $12,950,000.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2014-15$12,950,000$12,700,000$12,700,000$250,000$0
2015-16$12,000,000$11,750,000 (-8%)$11,750,000$250,000$0
2016-17$11,050,000$10,800,000 (-8%)$10,800,000$250,000$0
2017-18$12,000,000$11,750,000 (+8%)$11,750,000$250,000$0
TOTAL$48,000,000$47,000,000$47,000,000$1,000,000$0
Cap Hold 2018-19: $18,000,000
VETERAN CONTRACT
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SIGNED BY: Dennis Lindsey
BIRD RIGHTS: Bird Rights Calculator Icon
Length: 2 years
Value: $37,600,000
Guaranteed: $32,000,000 (85%)
Expiry Status: UFA
AAVTooltip: $18,800,000
Cap % Tooltip: 16.00
Signing Team: Logo of the Utah JazzUTA
Signing Method: Bird ExceptionTooltip
Signing Date: July 6, 2018
Source: SalarySwish

Derrick Favors signed a 2 year, $37,600,000 contract with the Utah Jazz on Jul 6, 2018. The contract has a cap hit of $16,900,000.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2018-19$16,900,000$16,000,000$16,000,000$900,000$1,900,000
2019-20$16,900,000$16,000,000$16,000,000
(0→16.0M)
$900,000$1,900,000
TOTAL$33,800,000$32,000,000$32,000,000$1,800,000$3,800,000
Cap Hold 2020-21: $25,350,000
GUARANTEED DETAILS
2019-20: Increase from $0 to $16,000,000 (+$16,000,000) if player is not waived before Jul 6, 2019 [Requirements Met]
VETERAN CONTRACT
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Length: 2 - 3 years
Value: $29,162,700
Guaranteed: $29,162,700 (100%)
Expiry Status: UFA
AAVTooltip: $9,720,900
Cap % Tooltip: 8.48
Signing Team: Logo of the Utah JazzUTA
Signing Method: MLETooltip
Signing Date: November 24, 2020
Source: SalarySwish

Derrick Favors signed a 2-3 year, $29,162,700 contract with the Utah Jazz on Nov 24, 2020. The contract has a cap hit that ranges from $9,258,000 to $10,183,800.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2020-21$9,258,000$9,258,000$9,258,000$0$0
2021-22$9,720,900$9,720,900 (+5%)$9,720,900$0$0
2022-23 WPlayerYes (May 17, 2022)$10,183,800$10,183,800 (+5%)$10,183,800$0$0
TOTAL$29,162,700$29,162,700$29,162,700$0$0
Cap Hold 2023-24: $19,349,220
GUARANTEED DETAILS
2022-23: $10,183,800 Player Option [Requirements Met]
WAIVED: This contract was waived (Logo of the Houston RocketsHOU - Oct 17, 2022)
DEAD CAP: This contract is a source of dead cap, refer to the Dead Cap section below for details
10-DAY CONTRACT
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Length: 1 year
Value: $167,003
Guaranteed: $167,003 (100%)
Expiry Status: UFA
AAVTooltip: $167,003
Cap % Tooltip: 0.09
Signing Team: Logo of the Atlanta HawksATL
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: January 11, 2023
Source: SalarySwish

Derrick Favors signed a 1 year, $167,003 contract with the Atlanta Hawks on Jan 11, 2023. The contract has a cap hit of $105,522.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2022-23$105,522$167,003$167,003$0$0
TOTAL$105,522$167,003$167,003$0$0
CONTRACT EXPIRES: Jan 21, 2023
CAMP INVITE
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SIGNED BY: Marc Eversley
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Length: 1 year
Value: $3,196,448
Guaranteed: $0 (0%)
Expiry Status: UFA (Waived)
AAVTooltip: $3,196,448
Cap % Tooltip: 2.00
Signing Team: Logo of the Chicago BullsCHI
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: October 16, 2023
Source: SalarySwish

Derrick Favors signed a 1 year, $3,196,448 contract with the Chicago Bulls on Oct 16, 2023. The contract has a cap hit of $2,019,706.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2023-24 W$2,019,706$3,196,448$0$0$0
TOTAL$2,019,706$3,196,448$0$0$0
Cap Hold 2024-25: $2,087,519
GUARANTEED DETAILS
2023-24: Increase from $0 to $3,196,448 (+$3,196,448) if player is not waived before Jan 10 [Requirements Unmet]
WAIVED: This contract was waived (Logo of the Chicago BullsCHI - Oct 18, 2023)

DEAD CAP

TYPE: WAIVERS
TEAM: Logo of the Houston RocketsHouston Rockets
LENGTH: 1 YEAR
VALUE: $10,183,800
DATE: October 17, 2022
SEASONBASE SALARYCAP HIT
2022-23$10,183,800$10,183,800
Note: Waived by Houston Rockets

SALARY PROGRESSION