Desmond Bane Contract

Last Modified Apr 4, 2025 22:40 GMT
Desmond Bane Contract
Desmond Bane during a Memphis Grizzlies v Oklahoma City Thunder game

Born on June 25, 1998, Desmond Bane is a rising young star in the NBA who plays for the Memphis Grizzlies as of April 2025. Hailing from Richmond, Indiana, Bane played at Seton Catholic High School where he initially went under the radar as major recruiting services did not even consider rating him. However, he got the call from Texas Christian University (TCU), where he played four seasons for their Horned Frogs basketball team. At TCU, Bane emerged as a sharpshooter, shooting 43.3% from deep in college. In his 141 gams, Bane averaged 12.7 points, 4.7 rebounds and 2.4 assists per game.

Desmond Bane entered the 2020 NBA draft and was selected 30th overall by the Memphis Grizzlies. He has since played more than 300 games for the Memphis-based franchise and has been a key component of their team. He has averaged 17.7 points along with 4.6 rebounds and 4.8 assists per game with the shooting splits of 47.1 % from the field and 41% from the three-point range.

Desmond Bane Contract Breakdown

YearBase SalarySigning BonusCap HitDead CapYearly Cash
2024-25 $34,005,250-$34,005,250-$34,005,250
2025-26$36,725,670-$36,725,670-$36,725,670
2026-27$39,446,090-$39,446,090-$39,446,090
2027-28$42,166,510-$42,166,510-$42,166,510
2028-29$44,886,930-$44,886,930-$44,886,930

How much is Desmond Bane getting paid?

Desmond Bane is set to earn $34,005,250 for the 2024-25 season, as per Spotrac. Bane agreed to a four-year rookie scale contract with the Memphis Grizzlies in November 2020 worth $9,944,923, part-guaranteed. The first two years of his contract were guaranteed, and the last two years were non-guaranteed.

The 2023-24 NBA season was supposed to be the last year of the contract, and Bane would have been an unrestricted free agent in the 2024 offseason. However, the Memphis Grizzlies demonstrated their confidence in Bane's potential and contributions to the team and re-signed him in the 2023 offseason. Bane has signed a new five-year $197,230,450 contract extension with the Grizzlies. This new contract guarantees him $197.2 million over the span of the next five years, till the 2028-29 NBA season.

How much does Desmond Bane make in a minute?

Desmond Bane’s salary for the 2024-25 season is $34,005,250. 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 $64.69 per minute.

Desmond Bane Career Earnings

In his outstanding five-year career, Desmond Bane has earned approximately. $43,950,173 million up until the end of the 2024-25 season as per Spotrac.

How much of the Desmond Bane Contract is guaranteed?

With his new 5 year contract, Bane will have earned a guaranteed salary of $197,230,450, with an average annual salary of $39,446,090 till the 2028-29 NBA season as per Spotrac.

Desmond Bane Contract History

These are all the contracts that Desmond Bane has signed in his career till now.

November 25, 2020

Desmond Bane signed a four-year $9.94 million rookie scale contract with the Memphis Grizzlies.

July 8, 2023

Bane signed a five-year $197.2 million contract extension with the Memphis Grizzlies.

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FAQs on Desmond Bane

A. Desmond Bane is 26 years old, as of April 2025. He was born on June 25, 1998 in Richmond, Indiana, United States,.

A. Desmond Bane will earn $34,005,250 in the 2024-25 NBA season.

A. Desmond Bane represents the Memphis Grizzlies in the NBA, as of April 2025.

A. Desmond Bane’s new five-year contract is worth $197.2 million.

A. In the 2023-24 season, Desmond Bane averaged 23.7 points, 4.4 rebounds and 5.5 assists per game.

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