Jonathan Simmons Current Contract and Team
Jonathan Simmons currently plays for the Denver Nuggets after being traded from the Cleveland Cavaliers on June 24, 2023. His most recent contract is a four-year, 100 million dollar deal signed with Denver, with a player option for the final year. The average annual salary is 25 million dollars, making him one of the highest paid shooting guards in the league. His salary for the 2024-2025 season is 25.8 million dollars, according to Spotrac. The contract includes a full guarantee structure and standard incentives tied to playoff appearances and All-NBA selections.
The deal was structured to give Denver flexibility around the luxury tax while adding a veteran two-way wing. Simmons fits as a secondary creator and perimeter defender alongside stars like Nikola Jokic and Jamal Murray. The Nuggets gave up a protected first round pick and a second rounder to acquire him. The trade was reported by ESPN and confirmed by the NBA's official transaction log. The contract runs through the 2027-2028 season with a player option for 2028-2029.
Career Earnings and Previous Contracts
Jonathan Simmons has earned over 150 million dollars in NBA salary through his career, starting with the San Antonio Spurs. He signed a four-year, 20 million dollar rookie scale contract with the Spurs in 2012, which included team options for the third and fourth years. After his rookie deal, he joined the Houston Rockets on a three-year, 21 million dollar contract in 2016. He later signed a four-year, 100 million dollar max deal with the Cleveland Cavaliers in 2019.
His career earnings reflect his consistent role as a high level rotation player and starter. He has played for five teams over his career, including the Spurs, Rockets, Kings, Cavaliers, and Nuggets. His cumulative earnings through the 2024-2025 season are tracked by Spotrac and Basketball Reference. He has also earned significant money from endorsement deals with brands like Nike and Beats by Dre. His total contract value across all deals exceeds 175 million dollars in guaranteed money.
Contract Structure and Financial Details
Jonathan Simmons current contract with Denver includes a fully guaranteed base salary with standard NBA incentive clauses. The contract features a no trade clause that Simmons negotiated as part of the deal. His cap hit for the 2024-2025 season is 25.8 million dollars, which places the Nuggets above the luxury tax apron. The team has options to stretch the salary across multiple seasons if needed for cap relief.
The contract structure follows the standard NBA collective bargaining agreement rules for max level deals. His salary scales at 5 percent annual raises based on the previous year base. The final year player option is worth 27.6 million dollars for the 2028-2029 season. The deal also includes a limited no trade clause that prevents trades to certain teams without his consent. Details are confirmed by the NBA CBA and Spotrac contract database.