Gabe Vincent did not start his professional career on a high note. After going undrafted in the 2018 NBA draft class, Vincent signed with the Sacramento Kings – only to be waived a few days later. He would then start his professional career in the NBA G League. But as the Heat guard currently stands face to face with destiny to contest for the NBA Championship, how much net worth has Gabe Vincent amassed in his career?
Making it back to the NBA from the G League has not been as easy for Vincent. After playing two seasons with the Stockton Kings, the Miami Heat would offer to sign him on a two-way contract in 2020. But it was in August 2021 that Vincent finally signed a standard contract with the team.
Currently, in the third season of his NBA career, Gabe Vincent has already proved himself an integral part of the team and played a substantial role in their way to the NBA Finals. So exactly how much wealth has the NBA professional amassed in his career? Here’s what you need to know about Gabe Vincent’s net worth in 2023.
Despite being in only his third season in the NBA, Gabe Vincent has already made an impressive net worth for himself. His current net worth stands at $5 million as of 2023. Vincent has earned the majority of his fortune via his player contracts and NBA salaries.
Currently, on his two-year deal worth $3,484,855 with the Miami Heat, Vincent is earning an average salary of $1,742,428 per annum. Besides his player contracts, Vincent has also signed a few endorsement deals that too significantly add to his overall net worth.
Contracts & salary
Gabe Vincent signed his two-year minimum contract worth $3,484,855 with the Miami Heat in August 2021. The deal came with $1,669,178 guaranteed at signing and an average salary of $1,742,428 annually. In the previous season, Vincent bagged a base salary of $1,669,178 with a similar cap hit value.
The deal came with a partially guaranteed salary for the 2022-23 season, which the Heat fully guaranteed in Jun 2022. For the 2022-23 season, Vincent earned a base salary of $1,815,677 with a dead cap and cap hit value of $1,815,677.
The contract binds his with the Heat until the end of the 2022-23 season and Gabe Vincent will become an Unrestricted Free Agent in 2023. Whether he will continue with the franchise depends on the next offers that are yet to be placed on the table.
Although Gabe Vincent has earned a significant portion of his fortune via player contracts and NBA/NBA G League salaries, the Heat guard has also signed a few endorsement deals. Since he is just in his third season in the NBA, it is understandable that Vincent is yet to be approached by big brands in the market.
Nevertheless, the guard has been donning Nike sneakers on the NBA courts that include models from the Nike Kyrie series. He has also featured the Nike LeBron XX and Nike PG 6 during NBA games.
Ritvik Malhotra is an NBA editor and writer for FirstSportz. He has previously worked with renowned media outlets such as FootTheBall and EssentiallySports. He has been following the NBA for nearly a decade and has been a diehard fan of Kevin Durant since his heydays with the Oklahoma City Thunder. When not writing about the beautiful game, he enjoys his rock playlist.
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