
Four NBA free agents – Trae Young, Austin Reaves, Walker Kessler, and Ayo Dosunmu – have signed contracts worth in excess of $100MM since the start of July. However, the most lucrative deals completed since the new league year began weren’t free agent deals at all — they were contract extensions.
Extensions, of course, don’t involve adding a new player to the roster. By extending a contract, a team ensures that a current player will remain locked up for future seasons. Although a contract extension may not change the club’s short-term outlook on the court, it can have a major impact on that team’s salary cap situation for the next several years.
Rookie scale extensions are one form of contract extension. Former first-round picks who are entering the fourth and final year of their rookie deals are eligible to sign those up until the day before the 2026/27 regular season begins. At least nine rookie scale extensions have been completed in every league year since 2019.
While they used to be rarer than rookie scale extensions, veteran extensions are happening more frequently these days too. The league’s 2017 Collective Bargaining Agreement expanded the rules for eligibility and created some additional incentives for star players to sign new deals before they reach free agency, and the 2023 CBA has further incentivized veteran extensions. During the 2025/26 league year, 20 veteran extensions were signed, while a whopping 27 were completed in ’24/25.
The deadline for a veteran extension for a player who isn’t in the final year of his current contract is the day before the regular season tips off. However, a player eligible for a veteran extension who is on an expiring deal can sign a new contract throughout the league year, all the way up to June 30, the day before he becomes a free agent.
Listed below are the players who have finalized contract extensions so far in 2026/27. This list, which can be found on the right-hand sidebar under “Hoops Rumors Features” on our desktop site (or on the “Features” page in our mobile menu), will be kept up to date throughout the ’26/27 league year, with more extension details added as we learn them.
Note: Projected values for maximum-salary extensions are based on a $174MM cap in 2027/28 and 10% annual increases in subsequent years. Since those contracts are based on a percentage of the salary cap, their actual values will depend on exactly where the cap ends up in future league years.
Note: CJ McCollum (Hawks), Julian Champagnie (Spurs), Robert Williams (Trail Blazers), Kristaps Porzingis (Warriors), and Zach Collins (Bulls) signed veteran extensions just before the 2026/27 league year began. Those deals are listed in our 2025/26 extension tracker.
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