What is Anthony Edwards' contract? NBA salary and net worth

What is Anthony Edwards' contract? NBA salary and net worth

Anthony Edwards needs no introduction to basketball fans. The 2020 NBA draft number one pick for the Minnesota Timberwolves has quickly made waves with his dynamic and explosive playing style. His success on the court led to a lucrative contract extension in 2023, capturing the attention of fans worldwide. Explore the details of Anthony Edwards' contract and fortune.

Anthony Edwards is a Minnesota Timberwolves jersey (L), and a USA team t-shirt (R).
Anthony Edwards of the Minnesota Timberwolves during a game (L) and pre-game in the Olympic Games Paris 2024 (R). Photo: David Berding, Jamie Squire (modified by author)
Source: Getty Images

TABLE OF CONTENTS

Anthony Edwards' career has been spectacular since the Minnesota Timberwolves selected him as the first overall pick in the 2020 NBA Draft. He is one of the league's most exciting young talents. Anthony Edwards' contract extension reflects his rising stardom and the team's confidence in his potential.

Anthony Edwards' profile summary

Full name

Anthony Edwards

Nickname

Ant-Man

Gender

Male

Date of birth

5 August 2001

Age

23 years old (as of 2024)

Zodiac sign

Leo

Place of birth

Atlanta, Georgia, USA

Current residence

Minneapolis, Minnesota, USA

Nationality

American

Ethnicity

African-American

Religion

Christianity

Sexuality

Straight

Height in feet

6'4"

Height in centimetres

193

Weight in pounds

225

Weight in kilograms

102

Hair colour

Black

Eye colour

Dark brown

Mother

Chrisha Yvette Edwards

Father

Roger Caruth

Siblings

Three

Relationship status

Dating

Partner

Jeanine Robel

Children

One

Education

Holy Spirit Preparatory School, University of Georgia

Profession

Professional basketball player

Net worth

$25 million–$40 million

Instagram

@theanthonyedwards_

Facebook

@theanthonyedwards

X (Twitter)

@theantedwards_

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Anthony Edwards' contract

The shooting guard signed a new five-year contract with the Minnesota Timberwolves on 3 July 2023, which extends from 2024 to 2029.

Anthony Edwards' new contract extends the shooting guards' four-year rookie contract signed in 2020. The new contract includes a guaranteed overall salary of $244.6 million.

Fast facts about Anthony Edwards.
Top-5 facts about Anthony Edwards. Photo: Jamie Squire/Getty Images (modified by author)
Source: Original

Here is Anthony Edwards' contract extension breakdown.

Season

Base salary

Cap hit

Cap value

2024–25

$42,176,400

$42,176,400

$42,176,400

2025–26

$45,550,512

$45,550,512

$45,550,512

2026–27

$48,924,624

$48,924,624

$48,924,624

2027–28

$52,298,736

$52,298,736

$52,298,736

2028–29

$46,860,000

$55,672,848

$55,672,848

Total

$235,810,272

$244,623,120

$244,623,120

How much money is Anthony Edwards making?

The NBA star's average annual salary is reportedly $48,924,624, with a base salary of $42,176,400. Anthony Edwards' contract carries a cap hit of $42,176,400 and a dead cap value of $42,176,400.

What was Anthony Edwards' contract signing bonus?

Per the NBA website, Anthony Edwards' contract can reach up to $260 million through performance-based bonuses. These incentives include achieving the required 65-game regulation, being selected to the All-NBA team, and winning MVP awards.

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How many years does Anthony Edwards have on his contract?

The player has a five-year contract extension with the Minnesota Timberwolves. It begins with the 2024–25 NBA season and ends after the 2028–29 season.

Anthony Edwards' net worth

According to Celebrity Net Worth, Marca, and Pinkvilla, Anthony Edwards's alleged net worth will be between $25 million and $40 million in 2024. He has amassed his wealth through salaries from his contract deals and endorsements.

Endorsements

Anthony Edwards looks on during an NBA game.
Anthony Edwards, #5 of the Minnesota Timberwolves, looks on against the Phoenix Suns during the Western Conference First Round Playoffs at Target Center in Minneapolis, Minnesota. Photo: David Berding
Source: Getty Images

One of Anthony's significant endorsements is with Adidas, which he signed in 2020 before being drafted into the NBA. He also signed a multiyear contract extension with the manufacturer in July 2024.

How much did Adidas pay Anthony Edwards?

The exact figure of his Adidas contract is private. However, ESPN Senior NBA Insider Shams Charania tweeted that the deal is worth eight figures annually.

FAQs

  1. What team does Anthony Edwards play for? The star plays as a shooting guard for the Minnesota Timberwolves.
  2. When was Anthony Edwards drafted into the NBA? The Minnesota Timberwolves selected him as the No. 1 overall pick in November 2020.
  3. Has Anthony Edwards won any NBA awards? He has not won any NBA awards as of this writing.
  4. What is Anthony Edwards' net worth? He has an alleged net worth of between $25 million and $40 million as of 2024.
  5. Who is Anthony Edwards' partner? The star is dating social media influencer Jeanine Robel.
  6. What is Anthony Edwards' Adidas contract worth? ESPN Senior NBA Insider Shams Charania revealed that the deal was worth eight figures annually.
  7. Where is Anthony Edwards' house? The star reportedly lives in a $10,000 monthly penthouse in downtown Minneapolis.

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Many are curious about Anthony Edwards' contract following his recent extension with the Minnesota Timberwolves. His five-year $244.6 million guaranteed deal, potentially reaching $260 million with performance incentives, reflects his impressive start and promise as a key player for the team.

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Source: YEN.com.gh

Authors:
Chris Ndetei avatar

Chris Ndetei (Lifestyle writer) Christopher Ndetei is a writer who joined the Yen team in May 2021. He graduated from Machakos Technical College in 2009 with a Diploma in ICT and has over four years of experience in SEO writing. Christopher specialises in lifestyle and entertainment coverage, with a focus on biographies, life hacks, gaming, and guides. He has completed the AFP course on Digital Investigation Techniques (2023) and earned the Google News Initiative Certificate (2024). In recognition of his work, he was named Yen Writer of the Year in 2024. You can connect with him via email at chrisndetei@gmail.com.

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NBA