Haywood Highsmith Contract

Haywood Highsmith is an American basketball player currently donning a jersey of Miami Heat of the NBA. He began his basketball journey in Baltimore, Maryland, playing at Archbishop Curley High School.

Later, Highsmith played for Wheeling University, where he played for four seasons. Highsmith's senior year was particularly notable, earning him accolades such as the Mountain East Conference Player of the Year after averaging an impressive 22 points and 12.6 rebounds per game.

Despite a great four-year college career at Wheeling University, Highsmith went undrafted in the 2018 NBA draft, but he didn't give up on his dreams. Highsmith signed with the Delaware Blue Coats in the G League and spent the next two seasons improving his overall skills, eventually earning a contract with the Philadelphia 76ers. However, it turned out to be a small stint at the NBA level as Highsmith played only 5 games for the Sixers. Highsmith was soon back in the G League for his second stint.

For the 2020-21, Highsmith decided to gain experience in Europe as he chose to play for Crailsheim Merlins in Germany but just after a year, he returned to the US for yet another stint with the Delaware Blue Coats in G League, his third G League stint. This time around, Highsmith's game improved drastically, and with polished fundamentals and a solid two-way game, he caught the attention of the Miami Heat, who signed him in 2021.

Since joining the Heat, he has proven himself as a valuable bench player, contributing to their 2023 playoff run. In Game 5 of the Eastern Conference Finals, he scored a then-playoff career-high 15 points, and in Game 1 of the 2023 NBA Finals, he matched his career high of 18 points, showcasing his abilities to perform on the biggest stage.

Haywood Highsmith Contract Breakdown

How much is Haywood Highsmith getting paid?

According to Sportrac, Haywood Highsmith signed a three-year non-guaranteed rookie contract with the Miami Heat worth $3,945,742. This deal ensured an average annual salary of $1,315,247 until the year 2024.

How much does Haywood Highsmith make in a minute?

Haywood Highsmith’ annual salary is $1,902,137. One year is known to have 525,600 minutes. If his total salary is divided by the number of minutes available in a year, then Haywood Highsmith makes around $3.62 in a minute.

Haywood Highsmith Career Earnings

In his exciting three seasons with the Miami Heat in the NBA, Haywood Highsmith would have earned approximately $4 million after the ongoing 2023/24 NBA season.

What are the terms of Haywood Highsmith’s Contract?

Miami Heat included a few terms in Haywood Highsmith’s three-year contract worth $3.9 million. These specific terms included:

For the 2022-23 season, his contract was initially non-guaranteed. However, $50,000 of his salary became guaranteed on July 1, 2022. According to terms, if Highsmith remained under contract by the opening night of 2022-23 NBA season, an additional $400,000 would become guaranteed. Terms also stated that if Highsmith is still under contract by January 10, 2023, then the entire contract for the 2022-23 would become guaranteed.

Similarly, for the 2023-24 season, his contract was non-guaranteed initially. However, it would become fully guaranteed on July 15, 2023, if the Miami Heat chose to keep him.

Ultimately, Miami decided to retain Highsmith for all three years, honoring the terms of the contract. So, Highmsith earned the full $3.9 million. Looking ahead, Highsmith will become a restricted free agent in the 2024 offseason.

Haywood Highsmith Contract History

These are all the contracts that Haywood Highsmith has signed in his career till now.

March 8, 2022

Haywood Highsmith signed a contract with the Miami Heat.

July 1, 2022

Haywood Highsmith was guaranteed $50,000 by Miami.

October 19, 2022

Highsmith was guaranteed a $400,000 salary for 2022-23 by Miami.

July 13, 2023

Miami Heat fully guaranteed $1.9 million salary for the Highsmith.