Gabe Vincent’s contract and salary breakdown
Playing for the Miami Heat since 2019, how much is known of Gabe Vincent's current contract?
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Gabe Vincent
Gabe Vincent finally found himself a home in the league. His relationship with the Miami Heat is really growing every day and the franchise is happy with the greats he’s been showing on the court. After spending 4 years at college and putting up decent numbers for Santa Barbara, Gabe Vincent declared for the 2018 NBA Draft. He had a workout with the Sacramento Kings but unfortunately, still went undrafted.
But he didn’t give up on his dreams and went on to prove himself in the G-League where he later won the MIP award too. After, spending two seasons with the Stockton Kings, Gabe Vincent signed a two-way contract with the Miami Heat on January 8, 2020. After spending a year with the franchise he received a standard contract on August 6, 2021, and since then has been balling out for the Miami Heat.
Gabe Vincent hasn’t been disappointing at all and is undoubtedly underpaid for his on-court greats. He has played a very important role in the franchise’s success for the past two seasons. Being an undrafted player he hasn’t been gifted a bag yet. But the Miami Heat will surely be doing justice with his contract in the coming summer.
Gabe Vincent’s current contract breakdown
Gabe Vincent signed a two-year contract with the Miami Heat in 2021. It was worth $3,484,855. The deal had $1,669,178 guaranteed. His average salary is $1,742,428. In 2022-23 his salary is $1,815,677. In the 2023-24 season, he’ll be carrying a CAP hit of $1,989,698 and soon he’ll be an Unrestricted Free Agent. And, there’s no way the Miami Heat just let him walk out as they’ll surely retain him with a well-deserved bag.
Gabe Vincent is expected to get a multi-million contract for multi-year this summer. You can find the breakdown of his current contract here below:
| CONTRACT:2 yr(s) / $3,484,855 | AVG. SALARY:$1,742,428 | GTD AT SIGN:$1,669,178 | SIGNED USING:Free Agent/Minimum | FREE AGENT:2023 / UFA |
| YEAR | AGE | STATUS | BASE SALARY | LIKELY INCENT. | UNLIKELY INCENT. | TRADE BONUS | CAP HIT | PCT OF LEAGUE CAP | YEARLY CASH | GUARANTEED | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021-22 |  | 25 | $1,669,178 | – | – | – | $1,669,178 | 1.48% | $1,669,178($1,669,178) | $1,669,178 | |
| 2022-23 | | 26 | $1,815,677 | – | – | – | $1,815,677 | 1.47% | $1,815,677($3,484,855) | $1,815,677 | |
| 2023 | | 27 | UFA |
Gabe Vincent’s salary breakdown
- Annual Salary: $1,815,677
- Salary Per Month: $151,306
- Salary Per Week: $34,917
- Salary Per Game: $22,142
- Salary Per Quarter: $5,536
- Salary Per Minute: $473
Previous Contracts and Salaries
2020-2020 Miami Heat (two-way)
| CONTRACT:1 yr(s) / – | AVG. SALARY:– | GTD AT SIGN:$50,000 | SIGNED USING:Two Way | FREE AGENT:2021 |
2019-2019 Miami Heat (two-way)
| CONTRACT:1 yr(s) / – | AVG. SALARY:– | SIGNED USING:Two Way | FREE AGENT:2020 / RFA |
2018-2018 Sacramento Kings (camp invite)
| CONTRACT:1 yr(s) / $838,464 | AVG. SALARY:– $838,464 | SIGNED USING: Camp Invite/Minimum | FREE AGENT:2019 / RFA |
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Ritik Malik
(1743 Articles Published)