LAURI MARKKANEN #23

Logo of the Utah JazzUtah Jazz

Lauri Markkanen headshot
Small Forward, Power Forward

Salary: $17,259,999

Cap Hit: $17,259,999

Years of Service Tooltip : 6
2023-24 Year of Service Earned Tooltip : Yes
BORN: May 22, 1997
BIRTHPLACE: Vantaa, Finland
NATIONALITY:FinlandFinland
HEIGHT:
7' 0
213cm
WEIGHT:
240lbs
109kg
AGE: 26
SHOOTS: Right
DRAFT YEAR: 2017
DRAFTED OVERALL: 7
DRAFT ROUND: 1
DRAFTED BY: MIN
AGENT DETAILS
Primary Agent:Michael Lelchitski
SUMMARY▴▾

Lauri Markkanen's salary is $17,259,999 for the 2023-24 season. He is a 26 year old small forward who was born on May 22, 1997. He was drafted 7th overall by the Minnesota Timberwolves in the 1st round of the 2017 draft. He has signed 2 contracts worth a total value of $87,860,574. He will be a UFA at the end of the 2024-25 season when he is 28 years old. He is represented by the agent Michael Lelchitski of Sports International Group.

Bird Rights Calculator Icon
Bird Rights: Bird (QVFA)
Trade History (2)
Transactions (24)
Status Updates (33)
Injury Update (27)

CURRENT CONTRACT

VETERAN CONTRACT
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Marc Eversley
BIRD RIGHTS: Bird Rights Calculator Icon
Length: 4 years
Value: $67,470,906
Guaranteed: $55,426,362 (82%)
Expiry Status: UFA
AAVTooltip: $16,867,727
Cap % Tooltip: 13.96
Signing Team: Logo of the Chicago BullsCHI (Sign & Trade: Logo of the Cleveland Cavaliers CLE)
Signing Method: Bird ExceptionTooltip
Signing Date: August 28, 2021
Source: SalarySwish

Lauri Markkanen signed a 4 year, $67,470,906 contract with the Chicago Bulls on Aug 28, 2021. The contract has a cap hit that ranges from $15,690,909 to $18,044,544.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2021-22$15,690,909$15,690,909$15,690,909$0$0
2022-23$16,475,454$16,475,454 (+5%)$16,475,454$0$0
2023-24$17,259,999$17,259,999 (+5%)$17,259,999$0$0
2024-25$18,044,544$18,044,544 (+5%)$6,000,000$0$0
TOTAL$67,470,906$67,470,906$55,426,362$0$0
Cap Hold 2025-26: $27,066,816
GUARANTEED DETAILS
2024-25: Increase from $6,000,000 to $18,044,544 (+$12,044,544) if the player is not waived by at the latest, 2 days before the Free Agency Moratorium begins [Decision Pending] (or player is not waived 1 day after the 2024 NBA draft)

CONTRACT HISTORY

ROOKIE SCALE CONTRACT
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Gar Forman
BIRD RIGHTS: Bird Rights Calculator Icon→Bird Rights Calculator Icon
Length: 2 - 4 years
Value: $20,389,668
Guaranteed: $20,389,668 (100%)
Expiry Status: RFA
AAVTooltip: $5,097,417
Cap % Tooltip: 3.86
Signing Team: Logo of the Chicago BullsCHI
Signing Method: Rookie ExceptionTooltip
Signing Date: July 5, 2017
Source: SalarySwish

Lauri Markkanen signed a 2-4 year, $20,389,668 contract with the Chicago Bulls on Jul 5, 2017. The contract has a cap hit that ranges from $3,821,640 to $6,731,508.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2017-18$3,821,640$3,821,640$3,821,640$0$0
2018-19$4,536,120$4,536,120 (+19%)$4,536,120$0$0
2019-20TeamYes (Oct 30, 2018)$5,300,400$5,300,400 (+20%)$5,300,400
(0→5.30M)
$0$0
2020-21TeamYes (Oct 21, 2019)$6,731,508$6,731,508 (+37%)$6,731,508
(0→6.73M)
$0$0
TOTAL$20,389,668$20,389,668$20,389,668$0$0
Qualifying Offer: $7,031,451
Cap Hold 2021-22: $20,194,524
GUARANTEED DETAILS
2019-20: $5,300,400 Team Option [Requirements Met]
2020-21: $6,731,508 Team Option [Requirements Met]
QUALIFYING OFFER SUBMITTED: Logo of the Chicago BullsCHI on Jul 30, 2021

SALARY PROGRESSION

CURRENT SEASON STATS

SeasonTypeTeamGPGSMINPTSFGMFGAFG%3PM3PA3P%FTMFTAFT%OREBDREBREBASTSTLBLK
2023-24RegularLogo of the Utah JazzUtah Jazz55551820127889042748.043917539.927724989.91223274491105026
2023-24RegularLogo of the Utah JazzUtah Jazz555533.123.27.816.248.03.28.039.94.55.089.92.26.08.22.00.90.5

CAREER STATS

Stats Powered by Sportradar
SeasonTypeTeamGPGSMINPTSFGMFGAFG%3PM3PA3P%FTMFTAFT%OREBDREBREBASTSTLBLK
2017-18RegularLogo of the Chicago BullsChicago Bulls68682020103386237443.440114536.216614084.379429508793940
2018-19RegularLogo of the Chicago BullsChicago Bulls5251168297479534243.033212036.119517087.274396470753733
2019-20RegularLogo of the Chicago BullsChicago Bulls5050149273759125142.531710934.415312682.460253313744223
2020-21RegularLogo of the Chicago BullsChicago Bulls5126131769552125048.029611940.2927682.635233268452615
2021-22RegularLogo of the Cleveland CavaliersCleveland Cavaliers6161187890070331344.538013635.815913886.859286345814530
2022-23RegularLogo of the Utah JazzUtah Jazz666622731691114557149.951120039.139934987.51304405701234238
2023-24RegularLogo of the Utah JazzUtah Jazz55551820127889042748.043917539.927724989.91223274491105026
2017-18RegularLogo of the Chicago BullsChicago Bulls686829.715.25.512.743.42.15.936.22.12.484.31.26.37.51.20.60.6
2018-19RegularLogo of the Chicago BullsChicago Bulls525132.318.76.615.343.02.36.436.13.33.887.21.47.69.01.40.70.6
2019-20RegularLogo of the Chicago BullsChicago Bulls505029.814.75.011.842.52.26.334.42.53.182.41.25.16.31.50.80.5
2020-21RegularLogo of the Chicago BullsChicago Bulls512625.813.64.910.248.02.35.840.21.51.882.60.74.65.30.90.50.3
2021-22RegularLogo of the Cleveland CavaliersCleveland Cavaliers616130.814.85.111.544.52.26.235.82.32.686.81.04.75.71.30.70.5
2022-23RegularLogo of the Utah JazzUtah Jazz666634.425.68.717.449.93.07.739.15.36.187.52.06.78.61.90.60.6
2023-24RegularLogo of the Utah JazzUtah Jazz555533.123.27.816.248.03.28.039.94.55.089.92.26.08.22.00.90.5