Desmond Bane Contract, Salary Cap Details & Breakdowns | Spotrac

Desmond Bane

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Shooting Guard Age: 25-304d Exp: 4 Years
Drafted: Round 1 (#30 overall), 2020 College: Texas Christian Agent(s): Jim Tanner (Tandem Sports + Entertainment)

 
  • Current Contract

    Desmond Bane signed a 4 year / $9,944,923 contract with the Memphis Grizzlies, including $9,944,923 guaranteed, and an annual average salary of $2,486,231. In 2023-24, Bane will earn a base salary of $3,845,083, while carrying a cap hit of $3,845,083 and a dead cap value of $3,845,083.

    Contract: 4 yr(s) / $9,944,923
    Average Salary: $2,486,231
    Guaranteed at Signing $3,969,600
    Signed Using: Entry Level/Rookie
    Year   Age Status Base Salary Likely Incent. Unlikely Incent. Trade Bonus Cap Hit Pct of League Cap Yearly Cash Guaranteed
    2020-21 Contract details by year 22 $1,936,440 - - - $1,936,440 1.77% $1,936,440($1,936,440) $1,936,440
    2021-22 Contract details by year 23 $2,033,160 - - - $2,033,160 1.81% $2,033,160($3,969,600) $2,033,160
    2022-23 Contract details by year 24 Club
    Exercised
    $2,130,240 - - - $2,130,240 1.72% $2,130,240($6,099,840) $2,130,240
    2023-24 Contract details by year 25 Club
    Exercised
    $3,845,083 - - - $3,845,083 2.83% $3,845,083($9,944,923)
    Trade Restriction: This player can be traded but has a Poison Pill restriction until Jul 01, 2024.
    Contract Notes:
    • 2022-23 Club Option (deadline 10/31/21, exercised 10/16/21)
    • 2023-24 Club Option (deadline 10/31/22, exercised 10/15/22)
    Sources: Spotrac

    Upcoming Contract Extension

    Contract: 5 yr(s) / $197,230,450
    Average Salary: $39,446,090
    Guaranteed at Signing $197,230,450
    Signed Using: Rookie Extension/Bird
    Free Agent: 2029 / UFA
    Year   Age Status Base Salary Likely Incent. Unlikely Incent. Trade Bonus Cap Hit League Cap Pct Yearly Cash
    2024-25 Contract details by year 26 $34,005,250 - - - $34,005,250 24.12% $34,005,250($34,005,250)
    2025-26 Contract details by year 27 $36,725,670 - - - $36,725,670 23.68% $36,725,670($70,730,920)
    2026-27 Contract details by year 28 $39,446,090 - - - $39,446,090 23.12% $39,446,090($110,177,010)
    2027-28 Contract details by year 29 $42,166,510 - - - $42,166,510 22.47% $42,166,510($152,343,520)
    2028-29 Contract details by year 30 $44,886,930 - - - $44,886,930 21.74% $44,886,930($197,230,450)
    2029 Desmond Bane Contracts, Salaries, Cap Figures 31 UFA  
    • 15% Trade Bonus
    • Total Incentives: $8,669,550
    • 2023-24: ULTBE: $1,494,750
    • 2024-25: ULTBE: $1,614,330
    • 2025-26: ULTBE: $1,733,910
    • 2026-27: ULTBE: $1,853,490
    • 2027-28: ULTBE: $1,973,070
  • Estimated Career Earnings

    A look at the calculated cash earnings for Desmond Bane, including any upcoming years.

    Year Team Awards Salary Signing Bonus Incentive Trade Kicker Total Cash
    2020-21 Player Cash Earnings $1,936,440 - - - $1,936,440
    2021-22 Player Cash Earnings $2,033,160 - - - $2,033,160
    2022-23 Player Cash Earnings $2,130,240 - - - $2,130,240
    2023-24 Player Cash Earnings $3,845,083 - - - $3,845,083
    Est. Earnings
    (4 seasons)
    $9,944,923 - - - $9,944,923
    2024-25 Player Cash Earnings $34,005,250 - - - $34,005,250
    2025-26 Player Cash Earnings $36,725,670 - - - $36,725,670
    2026-27 Player Cash Earnings $39,446,090 - - - $39,446,090
    2027-28 Player Cash Earnings $42,166,510 - - - $42,166,510
    2028-29 Player Cash Earnings $44,886,930 - - - $44,886,930
    $207,175,373 - - - $207,175,373
    Seasons Team Salary Signing Bonus Incentive Trade Kicker Total Cash
    4 seasons Player Cash Earnings $9,944,923 - - - $9,944,923

    * earnings may include deduction of original cashed earned due to shortened season

  • Transactions

    Jul 8 2023Signed a 5 year $197.23 million Rookie Scale contract extension with Memphis (MEM). The deal includes $8.67 million of incentives bringing the maximum value to $205.9 million and has a 15% Trade Bonus.
    Apr 22 2023Fined $2,000 for technical foul during MEM-LAL game (playoff)
    Apr 5 2023Fined $2,000 for technical foul during MEM-NOP game
    Feb 2 2023Fined $2,000 for technical foul during MEM-CLE game
    Jan 14 2023Fined $2,000 for technical foul during MEM-IND game
    Nov 10 2022Fined $15,000 for kicking the ball into the stands during BOS-MEM game
    Oct 15 2022Memphis (MEM) exercised $3.85 million option for 2023-24
    Apr 26 2022Fined $2,000 for technical foul during MIN-MEM game (playoff)
    Feb 2 2022Fined $2,000 for technical foul during MEM-NYK game
    Nov 1 2021Fined $2,000 for technical foul during DEN-MEM game
    Oct 20 2021Fined $2,000 for technical foul during CLE-MEM game
    Oct 16 2021Memphis (MEM) exercised $2.13 million option for 2022-23
    Nov 25 2020Signed a 4 year $9.94 million rookie scale contract with Memphis (MEM)
    Nov 20 2020Traded to Memphis (MEM) from Boston (BOS) as part of a 3-team trade: Boston (BOS) traded Enes Kanter to Portland (POR); Portland (POR) traded Mario Hezonja to Memphis (MEM)
    Nov 18 2020Drafted by Boston (BOS): Round 1 (#30 overall)
  • Fines & Suspensions

    A look at the reported fines & suspensions for Desmond Bane, and the financial implications.

    Date Team Category Games Susp. Forfeited Reason
    03/20/2024 Player contract details by year Technical Foul $2,000 for technical foul during MEM-GSW game
    12/15/2023 Player contract details by year Technical Foul $2,000 for technical foul during HOU-MEM game
    11/26/2023 Player contract details by year Technical Foul $2,000 for technical foul during MIN-MEM game
    11/14/2023 Player contract details by year Technical Foul $2,000 for technical foul during MEM-LAL game
    04/22/2023 Player contract details by year Technical Foul $2,000 for technical foul during MEM-LAL game (playoff)
    04/05/2023 Player contract details by year Technical Foul $2,000 for technical foul during MEM-NOP game
    02/02/2023 Player contract details by year Technical Foul $2,000 for technical foul during MEM-CLE game
    01/14/2023 Player contract details by year Technical Foul $2,000 for technical foul during MEM-IND game
    11/10/2022 Player contract details by year Ball Into Stands $15,000 for kicking the ball into the stands during BOS-MEM game
    04/26/2022 Player contract details by year Technical Foul $2,000 for technical foul during MIN-MEM game (playoff)
    02/02/2022 Player contract details by year Technical Foul $2,000 for technical foul during MEM-NYK game
    11/01/2021 Player contract details by year Technical Foul $2,000 for technical foul during DEN-MEM game
    10/20/2021 Player contract details by year Technical Foul $2,000 for technical foul during CLE-MEM game
    - $39,000
  • Statistics

    Season Team Games MPG FG% 3PT% FT% ORB DRB TRB AST STL BLK TOV PT Prod Pts
    2023 MEM 42 34.33 0.464 0.381 0.870 0.86 3.55 4.40 5.48 1.02 0.52 2.67 23.74 37.67
    2022 MEM 58 31.74 0.479 0.408 0.883 0.74 4.28 5.02 4.38 0.97 0.38 2.17 21.50 34.61
    2021 MEM 76 29.82 0.461 0.436 0.903 0.61 3.79 4.39 2.74 1.21 0.38 1.46 18.21 29.31
    2020 MEM 68 22.32 0.469 0.432 0.816 0.46 2.63 3.09 1.74 0.60 0.24 0.87 9.19 16.31
    Totals 244 28.96 0.468 0.415 0.879 0.64 3.54 4.18 3.32 0.95 0.36 1.67 17.43 28.39