Breakdown of Will Smith’s 10-yr, $140M extension, per source:

$30M signing bonus
2024: $13.55M
2025: $13M
2026: $13M
2027: $13M
2028: $9.5M
2029: $9.5M
2030: $9.5M
2031: $9.5M
2032: $9.5M
2033: $9.95M

The deferrals -- $5M per season -- will be paid out annually between 2034-43.

— Mark Feinsand (@Feinsand) March 27, 2024