What is Tyrese Maxey’s salary at the Philadelphia 76ers? Learn all there is to know about the NBA star’s current contract with the Sixers.
With the Sixers up 3-2 on last year’s Eastern Conference champions in the Boston Celtics, it is as good a time as any to take a look at the contract details of one of the central reasons why the team is where it is in this moment, Tyrese Maxey. In 2020, Tyrese Maxey signed a 4-year, $12,152,560 contract with the Philadelphia 76ers. It’s worth mentioning that the entire amount of the contract – $12,152,560 – was guaranteed to carry with it an annual average salary of $3,038,140.
Keeping that in mind, Maxey will earn a base salary of $4,343,920 in the 2023-24 season, while carrying a cap hit of $4,343,920 and a dead cap value of $4,343,920.
If you’re wondering about his worth, keep in mind that we’re talking about a guard who went from an average of 8.0 points, 1.7 rebounds and 2.0 assists per game in his rookie season to 20.3 ppg, 2.9 rpg and 3.5 apg this season, while molding himself into one of the most lethal shooters in the league from beyond the arc.
How long does Tyrese Maxey’s contract run for?
Maxey’s contract is set to run until 2024.
In light of that, the 22-year-old guard is in line to pocket $2.7 million for his efforts this year and a further $4.3 million next year. On the other hand, Maxey is set to become a restricted agent in the summer of 2024 which of course makes things interesting. It has to be kept in mind that Maxey has literally been playing the best basketball of his three-year career so far.
With an average of 20.3 points on 48.1% shooting – a career-high – it’s safe to say that Maxey is a huge asset for the Sixers. Maxey’s original contract had a duration of four years and a total worth of $12.1 million. An extension will likely result in Maxey committing for five more years and earning a value of roughly $200 million i.e., a first-year salary of $33.6 million.
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