Former Florida State University basketball star Scottie Barnes is slated to make $270 million over the next five years.
The former Seminole plans to sign a five-year rookie extension to continue playing with the Toronto Raptors.
Florida State signed the 6-foot-9 point guard in the 2020 recruiting class.
Barnes led FSU’s men’s basketball team to the Atlantic Coast Championship and the NCAA Division I Basketball Tournament.
Barnes declared for the 2021 NBA Draft after the 2020-2021 season and was selected 4th overall by the Raptors.
ESPN Sources: Toronto Raptors All-Star guard Scottie Barnes intends to sign a five-year maximum rookie extension that could be worth up to $270 million. Barnes is the franchise cornerstone and will become the highest paid player in Raptors history. pic.twitter.com/c5efNmNl4a
— Adrian Wojnarowski (@wojespn) June 24, 2024
Barnes’ new deal is expected to earn him $39 million annually. But by 2029-2030, he’ll be making well over $50 million with player incentives.
Barnes is entering his last year of his rookie deal, which is worth $10 million dollars.
In his three NBA seasons, the former Florida State star is averaging 16.6 points, 7.4 rebounds and 4.7 assists.