Nerlens Noel Signs 1-Year Contract with NBA Team
Deal Worth $3.19 Million
Salary Cap Breakdown and Contract Details Revealed
Nerlens Noel, the 28-year-old center, has signed a 1-year contract worth $3,196,448 with an NBA team. The contract, which begins in the 2023-24 season, will pay Noel a basic salary of $2,970,000.
The contract includes a player option for the 2024-25 season. Noel also received a $2,500 signing bonus and a $1,010,000 guaranteed amount.
Noel's contract is non-guaranteed and will not count against the team's salary cap until it becomes fully guaranteed on January 10, 2024.
The signing of Noel gives the team a much-needed boost in the paint. Noel is a skilled defender and rebounder who can also contribute on the offensive end.
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