Jarred Vanderbilt Net Worth in 2024: How much is he worth?
So exactly how much has the forward earned in his NBA career and what is Jarred Vanderbilt's net worth?
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Jarred Vanderbilt (getty)
Jarred Vanderbilt has amazed the fans with his spectacular vertical jumps in crucial moments of the game. Drafted in the NBA in 2018, Vanderbilt has had subtle moments of brilliance time and again. So how much do we know about the power forward’s net worth, and exactly how much is Jarred Vanderbilt earning in 2024?
Owing to his dazzling high school and college career, Jarred declared for the NBA right after his first year with the Kentucky Wildcats. It was the Orlando Magic who chose him as their 41st overall pick, later trading him to the Denver Nuggets.
There he spent two seasons and then played another two with the Minnesota Timberwolves. Afterwards, Jarred was traded to the Utah Jazz, where he spent a short stint and is currently playing for the Lakers. So exactly how much has the forward earned in his NBA career, and what is Jarred Vanderbilt’s net worth?
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Jarred Vanderbilt’s Net Worth
Jarred Vanderbilt has an estimated net worth of $5 million as of 2024. During his time in the NBA, Vanderbilt has mostly earned through his contracts and salaries. His current salary, along with the bonuses earned from contract conditions, has added to his net worth.
As a young professional in the NBA, Jarred has a promising net worth that will climb as time goes on. His career and on-court performances are also supposed to contribute to the amount as he continues to up his game. The power forward is also expected to get multiple endorsement deals in the near future that will add to his overall net worth.
Contracts & salary
Almost the entirety of Jarred Vanderbilt’s net worth amounts from his NBA contracts. Currently, he is on the contract that he signed with Minnesota Timberwolves on September 15, 2021. The contract covers three years with a $13.12 million extension that he signed with his former club. The contract will see him earn $4,374,000 average salary per annum.
Vanderbilt is about to earn $4,320,000 plus incentives this running season. The cap hit is currently set at $4,374,000, while the dead cap stands at $4,600,000. The power forward is set to become an Unrestricted Free Agent in 2024 when his extension runs out. Previously he had signed his Rookie contract of 3yrs/$3,919,177 with the Denver Nuggets on July 11, 2018.
Bonuses
Alongside his NBA salary, Jarred Vanderbilt has also earned some wealth from his contract bonuses. So far in the 2022-23 season, Jarred has earned a total of $54,000 bonus from his contract. If he fulfills further sporting clauses present in his contract, Vanderbilt is expected to add more to his net worth.
Endorsements
For a young professional, Jarred Vanderbilt hasn’t been offered many official endorsements as of now. Endorsement deals often earn athletes a fortune and Vanderbilt will consider partnering up with different brands in the near future. It is expected to add substantially to his overall net worth when he starts accepting endorsement deals.
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Ritvik Malhotra
(1085 Articles Published)