Jalen Hood-Schifino Contract

Last Modified Apr 30, 2024 12:26 GMT
Jalen Hood-Schifino Contract
Jalen Hood-Schifino (Image credits: Getty Images)

Drafted 17th overall in the 2023 NBA Draft, Jalen Hood-Schifino is a backup shooting guard signed with the LA Lakers. Prior to his NBA career, Hood-Schifino had quite the journey in high school, playing for three different programs.

After high school, Hood-Schifino played one season of college ball for Indiana University. During his lone college season, Hood-Schifino started in all 32 games, and averaged 13.5 points, 4.1 rebounds, and 3.7 assists per game. Notably, he set an Indiana freshman record by scoring 35 points in a memorable game against Purdue. His outstanding performances earned him the prestigious title of Big Ten Freshman of the Year.

Upon entering the NBA, Hood-Schifino faced the typical challenges of adjusting to the professional level in his rookie season. However, despite initial adjustments, his raw potential and promising skill set position him as a future prospect for the Lakers, suggesting that brighter days may lie ahead for this talented young player.

Jalen Hood-Schifino Contract Breakdown

YearBase SalarySigningBonusCap HitDead CapYearly Cash
2023/24 $3,695,040-$3,695,040-$3,695,040
2024/25$3,879,840$3,879,840-$3,879,840
2025/26(Team Option)$4,064,640-$4,064,640-$4,064,640
2026/27(Team Option)$6,243,288-$6,243,288-$6,243,288

How much is Jalen Hood-Schifino getting paid?

During the 2023/24 NBA season, Jalen Hood-Schifino earned $3,695,040. He will earn $3,879,840 in his second season with the Lakers.

According to Spotrac, Jalen Hood-Schifino is on a four-year rookie-scale contract with the Lakers worth $17,882,808 part-guaranteed. As per the standard NBA rookie contract, his first two years are guaranteed, and the last two years are non-guaranteed and come with team options.

How much does Jalen Hood-Schifino make in a minute?

Jalen Hood-Schifino's salary for the 2023/24 NBA season amounts to $3,695,040. 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 Hood-Schifino makes around $7.03 per minute.

Jalen Hood-Schifino Career Earnings

After the end of the 2023/24 NBA season, Hood-Schifino would have earned around $3.5 million from his NBA contracts till date.

What are the terms of Jalen Hood-Schifino’s contract?

Jalen Hood-Schifino is on a four-year rookie scale contract with the LA Lakers worth $17,882,808. According to Spotrac, the first two years of the contract worth $6,872,400 are guaranteed. However, there are team options for the 2025/26 and 2026/27 NBA seasons.

How much of Jalen Hood-Schifino’s contract is guaranteed?

As per the contract, the initial two years of Jalen Hood-Schifino’s contract are guaranteed at $7,574,880. However, the rest of the amount worth $10,307,928 for 2025/26 and 2026/27 seasons is not guaranteed as of April 2024.

Jalen Hood-Schifino Contract History

Below are all the contracts that Jalen Hood-Schifino has signed in his career till now:

July 3, 2023

Jalen Hood-Schifino signed a four-year rookie-scale deal with the LA Lakers worth $17.88 million.

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FAQ's On Jalen Hood-Schifino Contract

A. Jalen Hood-Schifino is on a four-year $17.88 million rookie-scale contract with the Lakers.

A. Jalen Hood-Schifino earned a salary of  $3,695,0400 for the 2023/24 NBA season. He will earn $3,879,840 for the 2024/25 NBA season. 

A. Jalen Hood-Schifino was selected by the LA Lakers with the 17th overall pick in the 2023 NBA Draft.

A. Jalen Hood-Schifino primarily plays as a shooting guard. However, he can operate as a point guard as well.

A. Jalen Hood-Schifino played college ball at Indiana University. 

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