Kelly Olynyk Contract

Last Modified Mar 12, 2024 09:25 GMT
Kelly Olynyk Contract
Kelly Olynyk. Source: Getty Images

Kelly Olynyk is a Canadian basketball player who plays for the Toronto Raptors in the NBA. Born on April 19, 1991, in Toronto, Canada, Olynyk stands tall at 6 feet 11 inches and boasts an unique skill for a big man that has made him a valuable asset for several teams in the NBA.

Olynyk is a proficient center or power forward who can knock the shots from beyond the arc — skills that are highly coveted in the modern NBA. His successful 11-year career in the NBA is a testament to his significance as a "shooting big man," a role that has become increasingly vital in today's game. His journey in the NBA started when he was drafted by the Dallas Mavericks with the 13th pick, and eventually traded him to the Boston Celtics on draft night.

During his four-year tenure with the Celtics, Olynyk made a great impact off the bench, showcasing his ability to stretch the floor and provide scoring prowess. His knack for shooting was further highlighted during his stint with the Miami Heat, where he once went off for a 30-point explosion off the bench in a double-overtime victory against the Denver Nuggets in March 2018. Olynyk was also a crucial part of the Miami Heat rotation when they went to the 2020 NBA Finals.

Beyond his NBA endeavors, Olynyk also represents the Canadian national basketball team, proudly donning the maple leaf on the international stage. He played for Canada in the 2023 FIBA World Cup and is set to compete in the upcoming 2024 Olympics in Paris. Now with his hometown team Toronto Raptors, Kelly Olynyk looks to make some noteworthy contributions in his last few remaining seasons in the NBA.

Kelly Olynyk Contract Breakdown

YearBase SalarySigningBonusCap HitDead CapYearly Cash
2023-24 $12,195,122-$12,195,122-$12,195,122
2024-25$12,804,878-$12,804,878-$12,804,878
2025-26$13,445,122 $13,445,122 $13,445,122

How much is Kelly Olynyk getting paid?

Kelly Olynyk is set to earn $12,195,122 for the 2023/24 season.

According to Sportrac, Olynyk agreed to a three-year contract with his previous team — the Detroit Pistons in August 2021 worth $37,195,122 guaranteed.

The 2023/24 NBA season was supposed to be the last year of the contract, and Olynyk would have been an unrestricted free agent in the 2024 offseason. However, the Toronto Raptors showed their confidence in Olynyk and believed that he can be a great veteran leader for the team.

Therefore, on March 4, 2024, the Raptors have already re-signed Olynyk to a new two-year contract worth $26,250,000 guaranteed. This new contract will run through the 2025/26 NBA season.

How much does Kelly Olynyk make in a minute?

Kelly Olynyk’ salary for the 2023/24 season is $2,165,000. 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 Olynyk makes around $23.2 in a minute.

Kelly Olynyk Career Earnings

After the conclusion of the 2023/24 NBA season, Olynyk would have earned over $87 million from his NBA contracts till date.

What are the terms of Kelly Olynyk’ contract?

Kelly Olynyk’s current contract and upcoming two-year extension, both are fully guaranteed.

Kelly Olynyk Contract History

These are all the contracts that Kelly Olynyk has signed in his career till now.

March 4, 2024

Kelly Olynyk signed a two-year $26.25 million contract with the Toronto Raptors.

August 6, 2021

Olynyk signed a three-year $37.20 million contract with the Detroit Pistons.

July 7, 2017

Kelly Olynyk agreed to a four-year $50 million contract with the Miami Heat.

July 8, 2013

Olynyk inked a four-year $11.34 million rookie-scale contract with the Boston Celtics.

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FAQ's on Kelly Olynyk Contract

A. Kelly Olynyk has a two-year $26,250,000 contract with the Toronto Raptors. Olynyk will be an unrestricted free agent in the 2026 NBA offseason. 

A. Kelly Olynyk’s salary for the 2023/24 season is $12,195,122.

A. Kelly Olynyk played college basketball at Gonzaga University from 2009 to 2013.

A. Kelly Olynyk is a power forward but he can also play as the center.

A. Kelly Olynyk is 33 years old. He was born on April 19, 1991.

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