The opening two days of the NBA's free agency period have produced some monumental figures with approximately $US1.4 billion ($1.8 billion) being spent on player contracts. The huge amounts of money being spent are a result of the NBA's new TV deal which will inject so much money into the league that clubs will be able to spend up to $US90 million on player salaries during the 2016-17 season. That number is in comparison to the 2015/16 season where the cap sits at just over $US67 million. Headlining the deals is San Antonio Spurs' Kawhi Leonard who secured a five-year contract worth $US90 million, while the Cleveland Cavaliers power forward Kevin Love similarly signed a five-year deal worth a whopping $US110 million. On top of this, NBA stars Damian Lillard and Anthony Davis both signed maximum contract extensions worth $US125 million over five years. The money spent so far is just the tip of the iceberg with big name players LaMarcus Aldridge, Marc Gasol, DeAndre Jordan and superstar LeBron James all yet to commit to contracts. It's not just the elite who are paid handsomely. Jimmy Butler, Goran Dragic, Draymond Green, Tristan Thompson, Khris Middleton, Brandon Knight, Brook Lopez, DeMarre Carroll, Omer Asik, Paul Millsap, Tyson Chandler and Thaddeus Young all signed deals worth at least $US50 million. Australian players Matthew Dellavedova and Joe Ingles are also yet to sign on with an NBA side for next season. Dellavedova is said to have agreed a deal to stay with the Cavs, while another Australian, Aron Baynes, has signed with the Detroit Pistons for $US20 million. Ingles is yet to be tabled an offer. The money spent by NBA clubs on players is similar in comparison to other major sporting codes in the world. In 2014, English Premier League clubs splashed out $US1.7 billion dollars on player signings while La Liga teams spent a measly $US660 million. With the free agency period just heating up, NBA clubs look set to continue splashing the cash in attempt to find the right sqaud heading into the 2015/16 season.