American basketball player Tyrese Haliburton is a member of the Indiana Pacers. One of the NBA’s most exciting young point guards is the 2023 All-Star. The Sacramento Kings selected Haliburton with the 12th overall choice in the 2020 NBA Draft.
He demonstrated a very high basketball IQ and some effective shooting percentages in just his rookie season, going 40.9% from three-point range and 47.2% from the field. He was consequently chosen for the 2021 all-rookie first team.
In a blockbuster trade during his sophomore campaign, Haliburton was acquired by the Indiana Pacers. He took over the youthful Pacers team right away and began packing box scores with insanely high numbers that border on “point god” status. Let’s explore Tyrese Haliburton salary in more detail!
What Is Tyrese Haliburton Salary?
For the 2023–2024 season, Haliburton will make $5,808,435 in revenue. Compared to the $4,215,120 he made the previous season (2022–2023), this is an increase.
The remainder of Haliburton’s rookie contract is due this season. The Indiana Pacers have already signed him to a hefty five-year max rookie contract deal worth an incredible $205,000,000. This shows that they acknowledge his exceptional performances.
This sum is in line with Haliburton’s worth to the Pacers organization and his skill on the court. It confirms his place among the top young players in the league. Haliburton’s impressive on-court prowess is reflected in his financial success.
What Is Tyrese Haliburton’s Contract Duration?
The current rookie agreement for Haliburton is a conventional four-year agreement that expires in 2024. But Haliburton’s contract has already been extended for 5 years by the Indiana Pacers.
Andrew PetCash posted an official tweet which can be seen below:
Tyrese Haliburton just signed a 5-year $207M contract extension w/ the Pacers.
Here’s how much he will actually earn: 😲
$41.4M: Salary
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$15.3M: Federal Tax
$4.1M: NBA Escrow
$1.2M: Agent Fee
$971k: FICA/Medicare
$690k: Jock Tax
$652k: Indiana Tax
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$17.7M: Net Income pic.twitter.com/TT7gbHbc9P— Andrew Petcash (@AndrewPetcash) July 2, 2023
Beginning with the 2024–2025 NBA season and ending at the conclusion of the 2028–2029 NBA season is Haliburton’s new max contract agreement with the Indiana Pacers. Haliburton has a player option for the contract’s final season. Accordingly, in the 2029 offseason, Haliburton will be eligible to sign as an unrestricted free agent.
All of this means that Haliburton’s long-term NBA future is already guaranteed as he enters the final year of his rookie contract.
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How Much Is Tyrese Haliburton Net Worth?
Tyrese Haliburton’s net worth as of 2024 is estimated to be $5 million. However, we may anticipate a sharp rise in Haliburton’s net worth as he enters his new contract extension in 2024, making him one of the league’s most valued players.
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