What happened: Amen Thompson has agreed to a five-year, $208 million rookie-scale extension, according to Shams Charania. The agreement includes a 10% trade kicker.
Why it matters: A trade kicker raises the amount owed if Thompson is moved under the contract. The provision adds a future cost consideration to any potential transaction.
By the numbers: The $208 million total works out to an average annual value of $41.6 million.
What to watch: The agreement will move toward official completion.