Biography & Early Wealth Journey

The New Orleans Pelicans have become playoff worthy since drafting the Uni-brow, Anthony Davis, and made sure that he is not going anywhere anytime soon. The former Kentucky star is going to average $29 million a season over the next five years after signing a $143 million deal.

Andy Lyons/Getty Images

Andy Lyons/Getty Images

Many will argue that the Cleveland Cavaliers could have won the Finals had they been healthy. It looks like they will get a chance to prove it. After opting out of his deal Kevin Love has agreed to a five-year, $110 million deal to stay in Cleveland. Tristan Thompson will be back after agreeing to a five-year, $80 million deal as will Iman Shupert (four-year, $40 million).

Primary Income Streams & Multi-Million Contracts

LeBron has yet to sign a new deal, but is not expected to go anywhere else.

Golden State locked in a key piece to their championship squad, Draymond Green, with a five-year, $85 million deal.

San Antonio should remain in the hunt after locking down Kawhi Leonard to a five-year, $90 million deal. They had to trade away Tiaggo Splitter, but they were able to agree to a new deal with Danny Green (four-year, $45 million). The Spurs are expected to be strong candidates to sign Lamarcus Aldridge.

After initially balking at the offer Chicago made him Jimmy Butler agreed to a five year, $95 million deal to remain a Bull. Mike Dunleavy received a much-deserved pay raise with a 3 years, $14.4 million deal.

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Real Estate, Luxury Assets & Personal Investments

Here is a list of some of the other deals made on the first day of the NBA's free agency period:

  • Brook Lopez: 3 years, $60 million with Nets
  • Brandon Knight: 5 years, $70 million with Suns
  • Goran Dragic: 5 years, $90 million with Heat
  • Greg Monroe: 3-years, $50 million with Bucks
  • Paul Millsap: 3 years, $58 million with Hawks
  • Khris Middleton: 5 years, $70 million with Bucks
  • DeMarre Carroll: 4 years, $60 million with Raptors
  • Thaddeus Young: 4 years, $50 million with Nets
  • Jae Crowder: 5 years, $35 million with Celtics
  • Tyson Chandler: 4 years, $52 million with Suns
  • Arron Afflalo: 2 years, $16 million with Knicks
  • Paul Pierce: 3 years, $10.5 million with Clippers
  • Brandan Wright: 3 years, $18 million with Grizzlies
  • Al-Farouq Aminu: 4 years, $30 million with Trail Blazers
  • Omer Asik: 5 years, $60 million with Pelicans
  • Amir Johnson: 2 years, $24 million with Celtics
  • Kyle Singler: 5 years, $25 million with Thunder
  • Jonas Jerebko: 2 years, $10 million with Celtics
  • Alexis Ajinca: 4 years, $20 million with Pelicans

Many guys took short term deals so that they could opt out when the salary cap explodes in a couple years.