Indiana Pacers guard Tyrese Haliburton has risen to prominence as one of the NBA's rising stars, establishing himself as a dynamic young talent in the association.
Initially drafted by the Sacramento Kings with the 12th overall pick in the 2020 NBA Draft, Haliburton's career took a significant turn when he became part of a high-profile trade that sent him to the Indiana Pacers in February 2022 during his sophomore season.
This blockbuster trade, which also involved guard Buddy Hield and big man Tristan Thompson, resulted in the 6-foot-5 guard joining the Pacers in exchange for Domantas Sabonis, Justin Holiday, Jeremy Lamb, and a 2023 second-round pick.
Since then, Haliburton has become the cornerstone of the Pacers' franchise, making his first NBA All-Star Game appearance in 2023.
The trade turned out to be advantageous for both teams, with the Kings also experiencing success by ending their 16-year playoff drought, largely thanks to Sabonis' contributions.
With a bright future ahead of him, many are asking, what is Tyrese Haliburton's net worth in 2023?
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Tyrese Haliburton Net Worth 2023: $5 million
The 23-year-old Haliburton is worth $5 million as of 2023, according to several sources such as Wealthy Gorilla, Sportskeeda, and Freshers Live.
In the current 2023-24 NBA season, Haliburton is set to receive a pay of $5,808,435, as reported by HoopsHype, positioning him as the ninth-highest-paid player on the Pacers roster and the 251st highest-paid player in the league.
However, a substantial financial transformation is on the horizon as he transitions to his new max contract worth up to $260 million in the following season.
For the 2024-25 campaign alone, Haliburton will take home an impressive $35,750,000. This marks a remarkable increase of more than six times compared to his salary this year and effectively doubles his cumulative career earnings during his first four seasons in the NBA.
Tyrese Haliburton Wealth
Following the end of the 2023-24 NBA season, his fourth season in the league, Haliburton's cumulative career earnings are set to reach $17,878,995. This computation includes solely his NBA salary and does not include other sources of income.
Projections for the subsequent five years indicate a significant surge in the 2021 NBA All-Rookie First Team selection's career earnings, exceeding 12 times the current amount.
It is anticipated that by the conclusion of his incoming max contract in the 2028-29 season, Haliburton's estimated career earnings will soar to a minimum of $223,778,995.
If Haliburton secures a spot on an All-NBA Team in the near future, he becomes eligible for a higher percentage of the salary cap, specifically 30 percent instead of the standard 25 percent. This clause could elevate his projected career earnings to approximately $277,778,995 by 2029.
Upon the expiration of his upcoming deal, Haliburton will be just 29 years old, positioning him for another lucrative contract if he maintains his health and elite performance.
Aside from his on-court earnings, Haliburton has an endorsement deal with American sportswear giant Nike, although the agreement terms are not available to the public.
This represents his only brand partnership so far, but as his star continues to ascend, it is anticipated that he will attract additional sponsorship opportunities in the future.
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