Get all the details about the impressive contracts and salary breakdown of Sacramento Kings’ star center, Domantas Sabonis, in this comprehensive report.
Domantas Sabonis, a three-time NBA all-star, has quickly gained the admiration of Sacramento fans. After spending five seasons with the Indiana Pacers, his trade to the Sacramento Kings in 2022 came as quite a surprise. Now, let’s delve into the details of how much Domantas Sabonis is earning from his current contract.
Following his selection by the Orlando Magic in the NBA draft, Sabonis was immediately traded to the Oklahoma City Thunder. He played his first NBA season there and signed a rookie contract worth $11.18 million for a duration of four years. In July 2017, Sabonis was then traded to the Indiana Pacers, where he spent the next five seasons. The Indiana Pacers exercised the team option in his contract for both the 2018-19 and 2019-20 seasons.
In October 2019, Domantas Sabonis signed a rookie extension contract worth $74.9 million over four years. However, after joining the Sacramento Kings, he inked a massive $186 million extension in July of last year. Now, let’s break down the details of Domantas Sabonis’ contracts and salary.
On October 21, 2019, Sabonis signed his rookie extension contract, which guaranteed him $74,900,000 over four years. With an annual average salary of $18,725,000, the contract was a significant milestone for Sabonis.
For the current season, Sabonis is set to earn a base salary of $28,000,000, with a cap hit value of $30,600,000. Additionally, there is an incentive of $2,600,000 if he makes either the All-NBA team or the All-Star team in 2023-24, although the likelihood of achieving this is low.
In a renegotiation-and-extend deal, Sabonis signed a four-year contract worth $186,016,000 last year. This contract guaranteed him $175,616,000 at signing and comes with an average salary of $46,504,000. Undoubtedly, this will contribute to Domantas Sabonis’ impressive net worth.
In fact, his current salary for the 2023-24 season increased from $19.4 million to $28 million due to this contract, according to Spotrac. Domantas Sabonis will become an unrestricted free agent in 2028.
While Sabonis is earning a substantial sum from his current contracts, let’s take a closer look at his current salary with the Sacramento Kings.
During the 2016 NBA Draft, Domantas Sabonis was selected by the Orlando Magic, but he began his professional career with the Oklahoma City Thunder.
In the NBA, Domantas Sabonis primarily plays as a center.
Domantas Sabonis currently plays as a center for the Sacramento Kings in the NBA.
According to the Source firstsportz.com