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To kick off day three, All-NBA center Domantas Sabonis agreed to a four-year contract extension with the Sacramento Kings - one that will keep him signed through the 2027-28 season.
The extension includes a raise on his salary for this coming season to nearly $31m, a relative rarity in the NBA, and his salary for the four subsequent years will average about $47m, with the total value of the deal thought to be about $217m.
It was part of a big-spending start to free agency this summer: Counting free agent deals that have been struck, signings of this year's rookie class and extensions, NBA teams have combined to hand out more than $3bn in contract value since Friday night.
Utah was finalising an extension for guard Jordan Clarkson on Sunday as well, which will have a total value of $55m over the next three years. Clarkson had opted into a contract that would have paid him $14.3m this coming season and now will average about $18.3m over three years.
Clarkson averaged a career-high 20.8 points for the Jazz this past season, and the extension will push his on-court earnings well past $100m for his career.
Miles Bridges signed his $7.9m qualifying offer from Charlotte for this coming season. Bridges missed all of this past season after he was charged with domestic violence in the summer of 2022. He eventually pleaded no contest and is serving three years of probation. The NBA gave Bridges a 30-game suspension earlier this offseason, but added that because Bridges missed the entirety of 2022-23, 20 of those games are considered already served.