Jalen Smith Contract

Last Modified May 3, 2024 14:47 GMT
Jalen Smith Contract
Jalen Smith Image credits: Getty Images

Jalen Rasheed Smith, known as "Stix," is an American professional basketball player who plays for the Indiana Pacers. He is a backup option for the center/power forward spot for the Pacers.

Originally from Portsmouth, Virginia, Smith attended Mount Saint Joseph High School in Baltimore, Maryland, where he won the Gatorade Maryland Boys Basketball Player of the Year twice. As a certified five-star athlete, he continued his basketball journey at the University of Maryland, where he was a First-team All-Big Ten in 2020. Due to his elite defensive skills, he was named to the Big Ten All-Defensive Team as well.

Eventually, Smith was selected by the Phoenix Suns with the 10th overall pick in the 2020 NBA Draft. His early seasons with the Suns involved adjusting to the pace of the league, which led to initial struggles. However, upon joining the Indiana Pacers, Smith began to find his rhythm and footing.

Under the guidance of coach Rick Carlisle, Smith was utilized predominantly in the low post and given opportunities to play in post-up situations as well as getting great support from an elite playmaking guard in Tyrese Haliburton. Smith averaged 9.9 points, 5.5 rebounds, and 1.0 assists per game in 61 games during the 2023/24 NBA season.

Jalen Smith Contract Breakdown

Year

Base Salary

Signing

Bonus

Cap Hit

Dead Cap

Yearly Cash

2022/23 $4,670,160-$4,670,160-$4,670,160
2023/24$5,043,773-$5,043,773-$5,043,773
2024/25 (Player Option)$5,417,386-$5,417,386-$5,417,386

How much is Jalen Smith getting paid?

Jalen Smith earned $4,670,160 during the 2023/24 NBA season.

According to Spotrac, Smith is on a three-year contract with the Indiana Pacers, worth $15,131,319 fully-guaranteed. His average annual salary is $5,043,773.

How much does Jalen Smith make in a minute?

Jalen Smith’s salary for the 2023/24 season is $5,043,773. Now 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 he makes around $9.59 in a minute.

Jalen Smith Career Earnings

After the end of the 2023/24 NBA season, Smith would have earned approx. $23 million from his NBA contracts till date.

What are the terms of Jalen Smith’s contract?

Jalen Smith’s current contract has a player option for the 2024/25 NBA season. This means that Smith holds the option to decide if he wants to sign with the Pacers or opt out and become a free agent in the summer of 2024.

How much of Jalen Smith’s contract is guaranteed?

Jalen Smith’s entire contract worth $15,131,319 is guaranteed.

Jalen Smith Contract History

Below are all the contracts that Jalen Smith has signed in his career till now:

July 6, 2022

Jalen Smith signed a three-year $15.13 million contract with the Indiana Pacers.

November 24, 2020

Jalen Smith signed a four-year $19.33 million rookie-scale contract with the Phoenix Suns.

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FAQs on Jalen Smith Contract

A. Jalen Smith is on a three-year rookie-scale contract with the Indiana Pacers, worth $15,131,319 fully-guaranteed.

A. Jalen Smith earned $5,043,773 for the 2023/24 NBA season.

A. Jalen Smith’s nationality is American.

A. Jalen Smith is 6 feet 10 inches (2.08 m) tall and weighs around 97 kg (215 lbs).

A. Jalen Smith plays as a center/power forward.

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