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An explanation of Aaron Holiday’s rookie contract

By Tony East

TARRYTOWN, NY - AUGUST 12: (EDITOR'S NOTE:SATURATION WAS REMOVED FROM THIS IMAGE) Aaron Holiday of the Indiana Pacers poses for a portrait during the 2018 NBA Rookie Photo Shoot at MSG Training Center on August 12, 2018 in Tarrytown, New York. 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. (Photo by Elsa/Getty Images)
TARRYTOWN, NY - AUGUST 12: (EDITOR'S NOTE:SATURATION WAS REMOVED FROM THIS IMAGE) Aaron Holiday of the Indiana Pacers poses for a portrait during the 2018 NBA Rookie Photo Shoot at MSG Training Center on August 12, 2018 in Tarrytown, New York. 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. (Photo by Elsa/Getty Images) /
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Aaron Holiday Indiana Pacers
TARRYTOWN, NY – AUGUST 12: Aaron Holiday #3 of the Indiana Pacers poses for a portrait during the 2018 NBA Rookie Photo Shoot on August 12, 2018, at the Madison Square Garden Training Facility in Tarrytown, New York. (Photo by Brian Babineau/NBAE via Getty Images) /

What contract comes next for Aaron Holiday?

After a rookie deal, teams can send a player a “qualifying offer” which sends them into restricted free agency. At the end of Holiday’s four years, he would get a qualifying offer with a value of $5,791,702.

That qualifying offer is a one year deal. Holiday could take it, play out the one year, and then enter unrestricted free agency, which would allow him to sign wherever he so chooses.

In restricted free agency, the Pacers would have match rights on any deal Holiday were to sign, and they could sign him to a deal themselves too. The deal could be up to five years in length and up to 25 percent of the cap unless Holiday gets a designated rookie extension.

Since we have yet to see him play in an NBA game, it is impossible to say what money Holiday will garner once his rookie contract is up. But these are the parameters it will fall into.

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