Minnesota Timberwolves veteran point guard Mike Conley Jr. is arguably one of the most underrated floor generals in league history, serving as a consistent and dependable floor general despite not getting mainstream recognition throughout his career.
At age 36, the 2013 NBA All-Defensive Second Team member remains a valuable contributor on the floor, and he remains one of the five remaining active players from the 2007 NBA Draft alongside Kevin Durant, Al Horford, Jeff Green, and Thaddeus Young.
Let's look into Mike Conley's contract details, salary, and career earnings.
Mike Conley Jr. Contract: $72.5 million
During the summer of 2021, Mike Conley re-signed with the Utah Jazz on a three-year contract valued at $72.5 million. This renewal came on the heels of one of the most successful seasons in his career in 2020-21, where he earned his first NBA All-Star Game selection.
The deal remained valid after Conley was traded to the Minnesota Timberwolves in February 2023.
Before this deal, Conley had already made history in 2016 by becoming the recipient of the largest contract in NBA history at that time.
He secured a five-year maximum deal worth $153 million with the Memphis Grizzlies, marking the first NBA contract exceeding $100 million with an average annual value surpassing $30 million.
Mike Conley Jr. Future Contract: $21 million
In the middle of the 2023-24 season, in which Conley has been averaging career-best numbers in three-point goal percentage at 44.2, the Minnesota Timberwolves signed him to a two-year contract extension worth $21 million.
Despite his salary dropping in half, the deal is still insanely good for someone his age, as most of his peers have already dropped out of the league while he will still receive an eight-figure salary for the next two seasons.
Mike Conley Jr. Career Earnings
By the end of the 2023-24 NBA season, it is projected that Conley Jr. will have accumulated $274.1 million solely from his NBA salary during his 17 seasons in the league, as reported by Spotrac.
This figure does not include potential earnings from off-court ventures like endorsements and partnerships, and it also excludes deductions such as taxes, agent fees, or other business-related expenses.
As Conley Jr.'s contract concludes after the 2025-26 NBA season, the four-time NBA Sportsmanship Award recipient is expected to have amassed career earnings exceeding $295.1 million.
Based on the current contracts signed, Conley Jr. ranks as the 12th highest-earning player in NBA history.
Mike Conley Jr. Salary 2023-24
In the ongoing 2023-24 NBA season, Mike Conley Jr. is slated to earn $24.36 million in his current contract's final year, as HoopsHype reported.
This positions him as the third highest-paid player on the Minnesota Timberwolves roster and the 58th highest-paid player across the entire league for the current campaign.
Looking ahead to his new extension for the 2024-25 season, Conley's earnings are anticipated to decrease to $10.2 million before experiencing a slight rise to $10.75 million in the subsequent 2025-26 season.
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