Patty Mills Contract Breakdown
Contract Details
Patty Mills has signed a two-year, $14.5 million deal to return to the Brooklyn Nets. The deal is fully guaranteed, and Mills will make an average annual salary of $7.25 million.
Base Salary
Mills' base salary for the 2022-23 season will be $7.0 million, and his base salary for the 2023-24 season will be $7.5 million.
Guaranteed Money
The entire $14.5 million of Mills' contract is guaranteed.
Signing Bonus
Mills did not receive a signing bonus as part of his contract with the Nets.
Roster Bonus
Mills is eligible for a roster bonus of $1 million if he is on the Nets' roster on January 10, 2023.
Analysis
Mills' contract is a good value for the Nets. He is a veteran point guard who can provide scoring and playmaking off the bench. He is also a good three-point shooter, which will help the Nets space the floor.
Mills' contract is also a sign of the Nets' commitment to building a contender. They have added several key pieces this offseason, including Kyrie Irving, Kevin Durant, and Ben Simmons. With Mills in the fold, the Nets have a deep and talented roster that should be able to compete for a championship.
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