Minnesota Timberwolves star Anthony Edwards is one of the most exciting young players in the league today.
The 6-foot-4 shooting guard was selected by the Timberwolves with the first overall pick in the immensely talented 2020 NBA Draft class, which included LaMelo Ball, Tyrese Haliburton and Tyrese Maxey.
The former University of Georgia Bulldogs player has risen to prominence as one of the premier talents in the league. He made his inaugural NBA All-Star Game appearance last season and notably served as the cornerstone for Team USA during the 2023 FIBA Basketball World Cup last summer.
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Anthony Edwards Contract: $44,271,137
Edwards is on the final year of his rookie scale contract, worth $44.2 million over the course of his first four seasons in the league. He signed the pact upon being drafted in 2020.
Anthony Edwards' upcoming contract: $260 million
In the summer of 2023, Edwards cemented himself as the franchise player of the Wolves by inking a five-year contract extension which could be worth up to $260 million.
While the contract boasts a base value of $206 million, the Wolves star has the potential to receive the full sum through specific incentives, including securing a position on an All-NBA team.
This fresh agreement, devoid of any options for either the player or the team, is set to be valid in the 2024-25 NBA season. As a result, it ensures Edwards' tenure with Minnesota until the 2028-29 season.
Anthony Edwards' Career Earnings
Following the 2023-24 NBA season, marking his fourth year in the league, Edwards' total career earnings are projected to stand at $44.2 million, according to Spotrac.
This figure accounts solely for his NBA salary, without considering deductions like agent fees, taxes, and other related costs, as reported by Spotrac.
Looking ahead, forecasts for the subsequent five years indicate a substantial increase in Edwards' career earnings, potentially exceeding five times his current total.
By the culmination of his upcoming contract in 2028-29, Edwards is anticipated to amass a minimum of $250.2 million.
Should Edwards achieve the distinction of landing a spot on an All-NBA Team in the foreseeable future, he would qualify for a 30 percent share of the salary cap, surpassing the standard 25 percent.
This adjustment has the potential to elevate his projected career earnings to an impressive $304.2 million by the end of 2028-29.
Anthony Edwards Salary 2023-24
For the ongoing 2023-24 NBA season, Edwards is set to earn $13,534,817, as reported by HoopsHype. As of now, he ranks as the fourth-highest-paid player on the Timberwolves roster.
However, a substantial financial transformation is on the horizon for the subsequent season as his new contract takes effect.
Edwards is poised to take home an impressive $37,250,000 for the 2024-25 campaign alone. This represents an increase of more than two times from the previous year and nearly matches his total career earnings up to that point.
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