Former Louisville Center Chinanu Onuaku has signed his deal with the Houston Rockets.  The Rockets selected Nanu #37 overall in the 2016 NBA Draft last month in the 2nd round.

Onuaku’s deal is fully guaranteed with Houston for 3 years and carries a guaranteed value of $2,498,982.  The deal does have a restricted Free Agent club option 4th year, when Chinanu would be 22.  If the 4th year option is initiated by the Rockets the franchise would owe Nanu $1.326M.

Chinanu will earn $543,471 as a rookie, $905,249 in his 2nd season & $1,050,262 in his 3rd & final fully guaranteed year on his rookie deal.

YEAR AGE BASE SALARY CAP HIT DEAD CAP
2016-17 19 $543,471 $543,471 $2,498,982
2017-18 20 $905,249 $905,249 $1,955,511
2018-19 21 $1,050,262 $1,050,262 $1,050,262
2019-20 22 $1,326,120 $1,326,120 –
2019 22 RFA
The following two tabs change content below.
My Twitter profileMy Instagram profileMy YouTube channel

Mark Blankenbaker

@UofLSheriff50. Louisville native, University of Louisville Business School Grad c/o 2004. Co-Founder of TheCrunchZone.com

TCZ Comments

comments