Dennis Schroder Turned Down $84 Million and Signed for $5.9 Million

Dennis Schroder was offered an $84 million contract by the Lakers. He turned it down - he thought he was worth $100 million. Then his performance tanked. The big offers vanished. He eventually signed with the Celtics for $5.9 million. He paid $78 million to bet on himself.

Dennis Schroder Rejected $84 Million From the Lakers. His Next Deal Was $5.9 Million.

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Dennis Schroder turned down a four-year, $84 million extension from the Lakers in 2021. Reports indicated he was seeking $100-120 million.

His playoff performance was poor - 14.3 points on 40.3% shooting. The market evaporated. He signed with the Celtics for $5.9 million, less than a quarter of the annual salary he'd rejected.

He has bounced between nine teams since and later admitted the decision was a mistake.

Source:NBC Sports

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Frequently Asked Questions

How much did Schroder turn down?
A four-year, $84 million extension from the Lakers.
How much did he sign for?
One year, $5.9 million with the Celtics.

Verified Fact

This fact has been reviewed and verified against original sources.

Source: NBC Sports
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Confirmed via NBC Sports, CBS Sports, ESPN, SI. Actual annual pay cut ~72%. Has played for 9 teams since.

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