Josh Giddey's Contract Details
Contract Overview
Josh Giddey has signed a 4-year contract with the Oklahoma City Thunder, with a total value of $27,214,807. The contract includes a guaranteed amount of $27,214,807 and an average annual salary of $6,803,702.
Contract Structure
The contract includes the following key components:
- Player Option: Giddey has the option to terminate his contract after the third year.
- Team Option: The Thunder have the option to extend Giddey's contract for an additional year following the fourth year.
- Qualifying Offer: If the Thunder decline their team option, Giddey will receive a qualifying offer for the following season.
- Two-Way Contract: Giddey's contract is not a two-way contract.
Salary Details
For the 2023-24 NBA season, Giddey is set to earn a salary of $6,587,040. This is the second-last year of his multi-year contract. Giddey's base salary for the 2023-24 season is $6,587,040.
Net Worth
Josh Giddey's net worth, which includes the value of his current contract, is estimated to be approximately $27,214,807.
Conclusion
Josh Giddey's contract with the Oklahoma City Thunder is a significant milestone in his NBA career. The multi-year deal provides him with financial security and a stable foundation to build upon his promising future in the league.
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