Onyeka Okongwu Contract

Onyeka Okongwu is an American center/power forward for the Atlanta Hawks. He is known for his unique combination of athleticism and ball-handling skills. Okongwu also has an uncanny ability to be an agile big man in the frontcourt, which makes the entire team’s offense dynamic.

Born on December 11, 2000, in Los Angeles, California, Okongwu began showcasing his basketball prowess at Chino Hills High School in California. Playing alongside the infamous “Ball Brothers” — Lonzo, LiAngelo and LaMelo, Okongwu also gained widespread attention as his highlights became viral sensations on social media.

His high school career at Chino Hills was highly successful, as he led his team to multiple state championships and earned prestigious accolades such as MaxPreps co-National Freshman of the Year and back-to-back California Mr. Basketball honors in 2018 and 2019.

Following his five-star rated standout high school career, Okongwu continued to impress at the collegiate level, playing for the USC Trojans. During his one-and-done college season for the Trojans, he was named on the First Team All-Pac-12.

In the 2020 NBA Draft, Okongwu was selected with the sixth overall pick by the Atlanta Hawks. Since then, he has primarily served as a backup big behind Clint Capela, but consistently exerts a positive influence on the game coming off the bench. With his athleticism, mobility and ball-handling abilities, Okongwu has shown significant development over his rookie contract, positioning him as a future of the Hawks' future frontcourt.

Onyeka Okongwu Contract Breakdown

How much is Onyeka Okongwu getting paid?

Onyeka Okongwu is set to earn $8,109,063 for the 2023/24 season.

According to Spotrac, Okongwu signed a four-year rookie-scale contract with the Atlanta Hawks, worth $26,422,143 part-guaranteed in November 2020. The first two years of the contract were fully guaranteed, while the following two years were not guaranteed. The Atlanta Hawks exercised their team options to retain Okongwu for both the 2022/23 and 2023/24 NBA seasons. Throughout the four years of his rookie contract, Okongwu earned an average annual salary of $6,605,536.

The 2023/24 NBA season was Okongwu's final year of his rookie contract. However, the Hawks showed confidence in him and have signed him to a new four-year $61,980,000 guaranteed rookie extension contract. This extension ensured Okongwu's stay with the Hawks until 2028, with an average annual salary of $15,495,000.

So, overall, Okongwu is getting paid approximately $69 million over the span of next four years.

How much does Onyeka Okongwu make in a minute?

Onyeka Okongwu’s salary for the 2023/24 NBA season is $8,109,063. 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 $15.43 in a minute.

Onyeka Okongwu Career Earnings

After the end of the 2023/24 NBA season, Okongwu would have earned just over $26 million from his NBA contracts till date.

What are the terms of Onyeka Okongwu’s contract?

Onyeka Okongwu's current contract is a rookie-scale deal with team options for the 2022/23 and 2023/24 seasons, both of which were exercised by the Atlanta Hawks.

In October 2023, Okongwu signed a four-year extension worth $61.98 million. This is a straightforward four year contract without any additional terms.

How much of the Onyeka Okongwu Contract is guaranteed?

With the current deal, Okongwu will have earned a guaranteed $26,422,143 with average annual salary of $6,605,536.

His upcoming contract takes effect from the 2024/25 NBA season and runs through 2028. This new four year contract with the Hawks will bring Okongwu $61,980,000 guaranteed.

Onyeka Okongwu Contract History

These are all the contracts that Onyeka Okongwu has signed in his career till now.

October 23, 2023

Onyeka Okongwu signed a four-year $61.98 million contract extension with the Hawks.

November 24, 2020

Okongwu signed a four-year $26.42 million rookie-scale contract with the Hawks.