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Pascal Siakam Falls Short of All-NBA Honors As Contract Extension Questions Loom
Pascal Siakam will not be supermax extension eligible this summer.
The Toronto Raptors forward fell just short of this year’s All-NBA honors, finishing with 15 voter points, 66 shy of LeBron James at 81 who claimed the final of the two third-team forward spots.
First-team honors went to Giannis Antetokounmpo, Jayson Tatum, Luka Doncic, Shai Gilgeous-Alexander, and Joel Embiid . The second-team All-NBA forwards were Jaylen Brown and Jimmy Butler joined by Stephen Curry, Donovan Mitchell, and Nikola Jokic. James and Julius Randle rounded out the third-team All-NBA alongside De'Aaron Fox, Damian Lillard, and Domantas Sabonis.
By failing to make the team, Siakam will not be eligible for a supermax extension this summer that could have paid him roughly $290.3 million over five years following the end of his current contract. Instead, Siakam will only be eligible for a max contract extension of four years, roughly $192.2 million should he look to sign a deal with Toronto this summer.
Siakam could still hold out for a bigger deal, though. If he waits through this offseason and qualifies for an All-NBA team next year, he would once again be eligible to sign a supermax deal, this time as a free agent re-signing with the Raptors rather than as a contract extension.
If he fails to make an All-NBA team next season, Siakam would be eligible for five year, roughly $248.8 million contract from the Raptors as a free agent in 2024.
For now, Siakam has $37.9 million remaining on the final year of his contract with Toronto. He is coming off a 2022-23 campaign in which he set career highs with 24.2 points and 5.8 assists per game while averaging six rebounds en route to his second All-Star Game appearance.
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