10 Biggest NBA Free Agent Contracts After League Increased Its Salary Cap By 34%

The National Basketball Association and team owners are dishing out more money than ever on free agents following a massive hike in the salary cap.

During the 2015–2016 NBA season, each team's salary cap stood at $70 million. Next season, the figure will jump to at least $94 million and surge to $107 million the following season.

Free agents are expected to cash in big time — and the frenzy has already started. Kevin Durant has decided to leave the Oklahoma City Thunder for a cool $54.5 million over two years with the Golden State Warriors. Durant is consistently ranked as one of the top three best players in the entire league and will join reigning MVP Steph Curry in Golden State.

Related Link: NBA Payroll Set For Large Increase

Show Me The Money

Here is a list of the top 10 biggest NBA free agent contracts, courtesy of SB Nation.

1. Mike Conley: five years, $153 million with the Grizzlies
2. Demar Derozan: five years, $145 million with the Raptors
3. Andre Drummond: five years, $130 million with the Pistons
4. Bradley Beal: five years, $128 million with the Wizards
5. Nicolas Batum: five years, $120 million with the Hornets
6. Al Horford: four years, $113 million with the Celtics
7. Hassan Whiteside: four years, $98 million with the Heat
8. Chandler Parsons: four years, $94 million with the Grizzlies
9. Harrison Barnes: four years, $94 million with the Mavericks
10. Evan Fournier: five years, $85 million with the Magic