Nick Smith Jr. Contract

Last Modified Oct 9, 2024 15:56 GMT
Nick Smith Jr. Contract
Nick Smith Jr.

Nick Smith Jr. is an American professional basketball player for the Charlotte Hornets. Standing at 6 feet 2 inches tall, he is a versatile guard who can play both point guard and shooting guard positions. Nick Smith Jr. was selected as the 27th overall pick in the first round of the 2023 NBA Draft by the Charlotte Hornets. During his rookie season in 2023-24, Smith Jr. played as a backup point guard, and averaged 5.9 points, 1.4 rebounds, and 1.2 assists per game in 51 games, with an average of 14.3 minutes of playtime per game. His best game from the rookie season came on April 14, 2024, when he scored 24 points against the Cleveland Cavaliers in a surprise win for the Hornets.

Before getting drafted by the Hornets, Nick Smith Jr. Smith played high school basketball at Sylvan Hills in Sherwood, Arkansas, and then at North Little Rock in North Little Rock, Arkansas, where he was a five-star rated athlete. He then went on to play college basketball for the Arkansas Razorbacks during the 2022-23 season.

Nick Smith Jr. Contract Breakdown

Smith Jr. signed a 4-year, $12,651,907 contract with the Charlotte Hornets, including $12,651,907 guaranteed, and an average annual salary of $3,162,977 as per Spotrac.

YearBase SalarySigning BonusCap HitDead CapYearly Cash
2023-24$2,463,960-$2,463,960-$2,463,960
2024-25$2,587,200 $2,587,200-$2,587,200
2025-26 (team option)$2,710,680-$2,710,680-$2,710,680
2026-27 (team option)$4,890,067-$4,890,067-$4,890,067

How much is Nick Smith Jr. getting paid?

Nick Smith Jr. is set to earn $2,587,200 as a base salary in the 2024/25 season.

According to Sportrac, Nick Smith Jr. signed a four-year rookie scale part-guaranteed contract with the Charlotte Hornets worth $12,651,907.

How much does Nick Smith Jr. make in a minute?

Nick Smith Jr.’s 2024-25 salary is $2,587,200. With 525,600 minutes in a year, he earns roughly $4.92 for each minute.

Nick Smith Jr. Career Earnings

After the end of the 2023/24 NBA season, Nick Smith Jr. has earned just under $2.5 million from his NBA contracts.

What are the terms of Nick Smith Jr.’s contract?

Nick Smith Jr. has signed a four-year rookie scale contract with the Hornets worth $49,378,426. According to Sportrac, Nick Smith Jr’s standard rookie scale contract has team options after the second and third seasons. For the 2025-26 season, the team has a club option with a decision deadline of October 31, 2024, and for the 2026-27 season, there is another club option with a deadline of October 31, 2025.

This means the team holds the option to decide if they wanted to exercise their option to sign him for the 2025/26 and 2026/27 NBA seasons. As of October 2024, the Charlotte Hornets have not exercised their team options.

How much of Nick Smith Jr.’s contract is guaranteed?

As per the agreement, the initial two years of Nick Smith Jr’s contract are guaranteed and $5,051,160 was guaranteed at signing. The total guarantee is worth the entire contract amount of $12,651,907, as per Spotrac.

Nick Smith Jr. Contract History

These are all the contracts that Nick Smith Jr. has signed in his career till now.

July 2, 2023

Nick Smith Jr. signed a four-year rookie scale deal with the Charlotte Hornets worth $12.65 million.

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FAQs on Nick Smith Jr. Contract

A. Nick Smith Jr. was drafted by the Charlotte Hornets in the 2023 NBA draft with the 27th overall pick in the first round.

A. Nick Smith Jr height is 6 feet 2 inches.

A. Nick Richards plays as a combo guard for the Charlotte Hornets.

A. Nick Richards played collegiate basketball for University of Arkansas during the 2022-23 collegiate season.

A. Nick Smith Jr. is rated 72 in the NBA 2k25.

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