LAURI MARKKANEN #23
Utah Jazz
Small Forward, Power Forward
Salary: $42,176,400
Cap Hit: $42,176,400
Years of Service 
: 7
: 72024-25 Year of Service Earned : Yes
: YesBORN: May 22, 1997
BIRTHPLACE: Vantaa, Finland
NATIONALITY:
Finland
FinlandHEIGHT:
7' 0
213cmWEIGHT:
240lbs
109kgAGE: 27
SHOOTS: Right
AGENT DETAILS
Agency:Sports International Group
Primary Agent:Michael Lelchitski
SUMMARY▴▾
Lauri Markkanen's salary is $42,176,400 for the 2024-25 season. He is a 27 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 3 contracts worth a total value of $325,905,118. He will be a UFA at the end of the 2028-29 season when he is 32 years old. He is represented by the agent Michael Lelchitski of Sports International Group.
Bird Rights: Bird (QVFA)
CURRENT CONTRACT
COMPARE THIS CONTRACT: 5 years
: $238,044,544
: $238,044,544 (100%)
: UFA
AAV
: $47,608,909
: $47,608,909Cap % : 30.00
: 30.00: UTA
UTA: Bird Exception
: August 7, 2024
: SalarySwish
Lauri Markkanen signed a 5 year, $238,044,544 contract with the Utah Jazz on Aug 7, 2024. The contract has a cap hit that ranges from $42,176,400 to $53,536,209.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 2024-25 | $42,176,400 | $42,176,400 | $42,176,400 | $0 | $0 | ||
| 2025-26 | $46,394,100 | $46,394,100 (+10%) | $46,394,100 | $0 | $0 | ||
| 2026-27 | $46,113,154 | $46,113,154 (-1%) | $46,113,154 | $0 | $0 | ||
| 2027-28 | $49,824,681 | $49,824,681 (+9%) | $49,824,681 | $0 | $0 | ||
| 2028-29 | $53,536,209 | $53,536,209 (+9%) | $53,536,209 | $0 | $0 | ||
| TOTAL | $238,044,544 | $238,044,544 | $238,044,544 | $0 | $0 |
Cap Hold 2029-30: $73,058,650
CONTRACT NOTE: Veteran Extension and Renegotiation
CONTRACT HISTORY
: 2 - 4 years
: $20,389,668
: $20,389,668 (100%)
: RFA
AAV: $5,097,417
: $5,097,417Cap % : 3.86
: 3.86: 
CHI
CHI: Rookie Exception
: July 5, 2017
: 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.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 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 | ||
| 2019-20 | Team | Yes (Oct 30, 2018) | $5,300,400 | $5,300,400 (+20%) | $5,300,400 (0→5.30M) | $0 | $0 |
| 2020-21 | Team | Yes (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: CHI on Jul 30, 2021
CHI on Jul 30, 2021: 4 years
: $67,470,906
: $67,470,906 (100%)
: UFA
AAV: $16,867,727
: $16,867,727Cap % : 14.00
: 14.00: CHI (Sign & Trade: 
CLE)
CHI (Sign & Trade: CLE): Bird Exception
: August 28, 2021
: 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.
| Season | Option | Option Used | Cap Hit | Base Salary | Guaranteed | Likely Inctv. | Unlikely Inctv. |
|---|---|---|---|---|---|---|---|
| 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 V | $18,044,544 | $18,044,544 (+5%) | $18,044,544 (6.00M→18.0M) | $0 | $0 | ||
| TOTAL | $67,470,906 | $67,470,906 | $67,470,906 | $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 [Requirements Met] (or player is not waived 1 day after the 2024 NBA draft)
VOIDED DUE TO CONVERSION: This contract was converted to a Veteran Extension contract (UTA - Aug 7, 2024)
UTA - Aug 7, 2024)SALARY PROGRESSION
CURRENT SEASON STATS
| Season | Type | Team | GP | GS | MIN | PTS | FGM | FGA | FG% | 3PM | 3PA | 3P% | FTM | FTA | FT% | OREB | DREB | REB | AST | STL | BLK | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-25 | Regular | Utah Jazz | 3 | 3 | 96 | 65 | 47 | 17 | 36.2 | 17 | 8 | 47.1 | 27 | 23 | 85.2 | 7 | 19 | 26 | 6 | 1 | 0 | |
| 2024-25 | Regular | Utah Jazz | 3 | 3 | 32.0 | 21.7 | 5.7 | 15.7 | 36.2 | 2.7 | 5.7 | 47.1 | 7.7 | 9.0 | 85.2 | 2.3 | 6.3 | 8.7 | 2.0 | 0.3 | 0.0 |
CAREER STATS
Stats Powered by 
| Season | Type | Team | GP | GS | MIN | PTS | FGM | FGA | FG% | 3PM | 3PA | 3P% | FTM | FTA | FT% | OREB | DREB | REB | AST | STL | BLK | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017-18 | Regular | Chicago Bulls | 68 | 68 | 2020 | 1033 | 862 | 374 | 43.4 | 401 | 145 | 36.2 | 166 | 140 | 84.3 | 79 | 429 | 508 | 79 | 39 | 40 | |
| 2018-19 | Regular | Chicago Bulls | 52 | 51 | 1682 | 974 | 795 | 342 | 43.0 | 332 | 120 | 36.1 | 195 | 170 | 87.2 | 74 | 396 | 470 | 75 | 37 | 33 | |
| 2019-20 | Regular | Chicago Bulls | 50 | 50 | 1492 | 737 | 591 | 251 | 42.5 | 317 | 109 | 34.4 | 153 | 126 | 82.4 | 60 | 253 | 313 | 74 | 42 | 23 | |
| 2020-21 | Regular | Chicago Bulls | 51 | 26 | 1317 | 695 | 521 | 250 | 48.0 | 296 | 119 | 40.2 | 92 | 76 | 82.6 | 35 | 233 | 268 | 45 | 26 | 15 | |
| 2021-22 | Regular | Cleveland Cavaliers | 61 | 61 | 1878 | 900 | 703 | 313 | 44.5 | 380 | 136 | 35.8 | 159 | 138 | 86.8 | 59 | 286 | 345 | 81 | 45 | 30 | |
| 2022-23 | Regular | Utah Jazz | 66 | 66 | 2273 | 1691 | 1145 | 571 | 49.9 | 511 | 200 | 39.1 | 399 | 349 | 87.5 | 130 | 440 | 570 | 123 | 42 | 38 | |
| 2023-24 | Regular | Utah Jazz | 55 | 55 | 1820 | 1278 | 890 | 427 | 48.0 | 439 | 175 | 39.9 | 277 | 249 | 89.9 | 122 | 327 | 449 | 110 | 50 | 26 | |
| 2024-25 | Regular | Utah Jazz | 3 | 3 | 96 | 65 | 47 | 17 | 36.2 | 17 | 8 | 47.1 | 27 | 23 | 85.2 | 7 | 19 | 26 | 6 | 1 | 0 | |
| 2017-18 | Regular | Chicago Bulls | 68 | 68 | 29.7 | 15.2 | 5.5 | 12.7 | 43.4 | 2.1 | 5.9 | 36.2 | 2.1 | 2.4 | 84.3 | 1.2 | 6.3 | 7.5 | 1.2 | 0.6 | 0.6 | |
| 2018-19 | Regular | Chicago Bulls | 52 | 51 | 32.3 | 18.7 | 6.6 | 15.3 | 43.0 | 2.3 | 6.4 | 36.1 | 3.3 | 3.8 | 87.2 | 1.4 | 7.6 | 9.0 | 1.4 | 0.7 | 0.6 | |
| 2019-20 | Regular | Chicago Bulls | 50 | 50 | 29.8 | 14.7 | 5.0 | 11.8 | 42.5 | 2.2 | 6.3 | 34.4 | 2.5 | 3.1 | 82.4 | 1.2 | 5.1 | 6.3 | 1.5 | 0.8 | 0.5 | |
| 2020-21 | Regular | Chicago Bulls | 51 | 26 | 25.8 | 13.6 | 4.9 | 10.2 | 48.0 | 2.3 | 5.8 | 40.2 | 1.5 | 1.8 | 82.6 | 0.7 | 4.6 | 5.3 | 0.9 | 0.5 | 0.3 | |
| 2021-22 | Regular | Cleveland Cavaliers | 61 | 61 | 30.8 | 14.8 | 5.1 | 11.5 | 44.5 | 2.2 | 6.2 | 35.8 | 2.3 | 2.6 | 86.8 | 1.0 | 4.7 | 5.7 | 1.3 | 0.7 | 0.5 | |
| 2022-23 | Regular | Utah Jazz | 66 | 66 | 34.4 | 25.6 | 8.7 | 17.4 | 49.9 | 3.0 | 7.7 | 39.1 | 5.3 | 6.1 | 87.5 | 2.0 | 6.7 | 8.6 | 1.9 | 0.6 | 0.6 | |
| 2023-24 | Regular | Utah Jazz | 55 | 55 | 33.1 | 23.2 | 7.8 | 16.2 | 48.0 | 3.2 | 8.0 | 39.9 | 4.5 | 5.0 | 89.9 | 2.2 | 6.0 | 8.2 | 2.0 | 0.9 | 0.5 | |
| 2024-25 | Regular | Utah Jazz | 3 | 3 | 32.0 | 21.7 | 5.7 | 15.7 | 36.2 | 2.7 | 5.7 | 47.1 | 7.7 | 9.0 | 85.2 | 2.3 | 6.3 | 8.7 | 2.0 | 0.3 | 0.0 |
SalarySwish
SalarySwish