Damion Lee Contract

Last Modified May 2, 2024 17:44 GMT
Damion Lee Contract
Damion Lee Image credits: Getty Images

Born on October 21, 1992, in Baltimore, Maryland, Damion Lee is an American professional basketball player who plays for the Phoenix Suns. After going undrafted in the 2016 NBA Draft, Lee first played in the G League before signing a two-way contract with the Atlanta Hawks.

The 6-foot-5 shooting guard developed his basketball skills at Calvert Hall in Towson and St. Thomas More in Oakdale, Connecticut. At the latter, he led his team to a 30–7 record and the National Prep School Championship.

For college, Lee attended both Drexel University and University of Louisville, where he emerged as an elite scorer. He won the Rookie of the Year award in 2012 and was also a part of the CAA All-Defensive Team in 2015.

So far in his NBA career, the veteran sharpshooter’s highlight was winning the 2022 NBA championship with the Golden State Warriors. He featured in 16 games for the Warriors in the playoffs that season.

Lee last played for the Suns in the 2022/23 season, averaging 8.2 points on 44.5% shooting from deep. He missed the entire 2023/24 season due to a right meniscus injury.

Damion Lee Contract Breakdown

Year

Base Salary

Signing

Bonus

Cap Hit

Dead Cap

Yearly Cash

2023/24 $2,528,233-$2,528,233-$2,528,233
2024/25 (player option)$2,845,342 $2,845,342 $2,845,342

How much is Damion Lee getting paid?

During the 2023/24 NBA season, Lee earned a salary of $2,528,233. He will become an unrestricted free agent in the 2025 offseason.

According to Spotrac, Lee is on a two-year veteran contract with the Phoenix Suns worth $5,373,575.

How much does Damion Lee make in a minute?

Damion Lee’s salary for the 2023/24 NBA season amounts to $2,528,233. Now one year is known to have 525,600 minutes. So if we divide his total salary by the number of minutes available in a year, then Lee makes around $4.81 per minute.

Damion Lee Career Earnings

After the end of the 2023/24 NBA season, Damion Lee would have earned over $9 million from his NBA contracts till date.

What are the terms of Damion Lee’s contract?

Damion Lee is on a two-year contract with the Suns worth $5,373,575. He will become an unrestricted free agent in the 2025 offseason. He has a player option for the 2024/25 NBA season.

How much of Damion Lee’s contract is guaranteed?

As per Lee’s contract, the first season was guaranteed and the second season comes with a player option.

Damion Lee Contract History

Below are all the contracts that Damion Lee has signed in his career till now:

July 7, 2023

Damion Lee signed a two-year veteran contract with the Phoenix Suns worth $5,373,575.

July 1, 2022

Damion Lee signed a one-year veteran contract with the Phoenix Suns worth $2,133,278.

January 15, 2020

Damion Lee signed a three-year veteran contract with the Golden State Warriors worth $4,515,983.

September 12, 2016

Damion Lee signed a two-year $1.45 million contract with the Boston Celtics.

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FAQs on Damion Lee Contract

A. Damion Lee is on a two-year $5,373,575 contract with the Suns.

A. Damion Lee earned $2,528,233 for the 2023/24 NBA season.

A. Damion Lee plays as a shooting guard.

A. Damion Lee plays for the Phoenix Suns.

A. Damion Lee played college basketball for both Drexel University and University of Louisville. 

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