Dereck Lively II Signs Contract with Dallas Mavericks
Four-Year Deal Worth $22,282,691
Cap Hit of $5,014,560 for 2024-2025 Season
In a highly anticipated move, Dereck Lively II has signed a rookie scale contract with the Dallas Mavericks. The four-year deal is worth $22,282,691, with $22,282,691 guaranteed and an annual average salary of $5,570,673.
As the 12th pick in this year's draft, Lively is eligible to receive a maximum contract worth 120% of the rookie scale. The Mavericks have taken full advantage of this, securing Lively's services for the next four seasons.
Lively's contract includes a base salary of $5,014,560 for the 2024-2025 season. This will carry a cap hit of $5,014,560 and a dead cap value of $5,014,560.
The Mavericks acquired Lively in a draft-night trade with the Sacramento Kings. To make room for Lively's salary, Dallas offloaded the contract of forward Davis Bertans, who was set to earn $17 million in 2023-2024 and up to $16 million in 2024-2025.
Lively's signing is a significant move for the Mavericks, who are looking to build a competitive team around young stars Luka Dončić and Jaden Hardy. Lively's defensive prowess and offensive potential make him a valuable addition to the roster.
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