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Indiana Pacers salary series: Doug McDermott

By Tony East

CHICAGO, IL - OCTOBER 29: Doug McDermott #11 of the Chicago Bulls handles the ball against the Indiana Pacers on October 29, 2016 at the United Center in Chicago, Illinois. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2016 NBAE (Photo by Joe Robbins/NBAE via Getty Images)
CHICAGO, IL - OCTOBER 29: Doug McDermott #11 of the Chicago Bulls handles the ball against the Indiana Pacers on October 29, 2016 at the United Center in Chicago, Illinois. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2016 NBAE (Photo by Joe Robbins/NBAE via Getty Images) /
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Doug McDermott Indiana Pacers New York Knicks
INDIANAPOLIS, IN – DECEMBER 04: Doug McDermott #20 of the New York Knicks drives against Bojan Bogdanovic #44 of the Indiana Pacers during a game at Bankers Life Fieldhouse on December 4, 2017, in Indianapolis, Indiana. The Pacers won 115-97. (Photo by Joe Robbins/Getty Images) /

Doug McDermott’s current contract

If you’ll recall, McDermott inked a three-year, $22 million contract basically the first night of NBA free agency.

This deal seemed like an overpay to many (myself included) at first. But after some close analysis and critical thinking, we can see how the Pacers and McDermott agreed upon the value they did.

First of all, the salary cap is expected to vault up roughly $7 million next season. That is basically the amount McDermott is making next season. If you want to think of it this way, you could say that the cap jump is paying for McDermott, thus making his deal “free” next summer.

The other notable reason that McDermott got about $7 million per year was noted by Zach Lowe:

Because of the way the free agency landscape was this summer, acquiring good players often meant paying slightly more than the taxpayer mid-level exception to snag them away from other teams. The Indiana Pacers did exactly that, and now they have one of the best outside shooters in the league.

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