Name | Caleb Martin |
Height | 6 ft 5 in (1.96 m) |
Position | Small Forward |
Age | 28 years |
Team | Miami Heat |
Net worth (On-court +Off-court earnings) | $8 million |
Salary | $6,802,950 |
Caleb Martin, who is now playing in his fifth year in the National Basketball Association (NBA), is a small forward who plays for the Miami Heat. The 6 feet 5 inch forward from Winston-Salem, North Carolina, comes off the bench to provide some relief for the Heat’s starting small forward in Jimmy Butler.
Martin belongs to the 2019 draft class but he was an undrafted free agent at the time. His professional playing career started with the Charlotte Hornets when his hometown team picked him up after having signed his twin Cody Martin in the second round of the same draft. In September 2021, the 28-year old signed with the Miami Heat and has been an important part of the team’s rotation since then.
Caleb Martin Contract Breakdown
Current Contract | $20,408,850 over 3 years |
Base salary (2023-24) | $6,802,950 |
Cap hit (2023-24) | $6,802,950 |
Dead Cap | $6,802,950 |
Guaranteed on signing | $20,408,850 |
Yearly Cash (average) | $6,802,950 |
How much is Caleb Martin getting paid?
As per Martin’s current contract, his base salary for the 2023-24 NBA season is $6,802,950. His three-year deal with the Miami Heat will see him earn up to $20.4 million by the end of the 2024-25 NBA season. He is set to become an unrestricted free agent in 2025.
How much does Caleb Martin make in a minute?
In the 2023-24 NBA season, Caleb Martin will be earning approximately $13 per minute based on his base salary for the year.
Caleb Martin Career Earnings
Prior to the start of the 2023-24 NBA season, Martin has earned a total of around $9.3 million through his salary in the NBA. Now, entering his fifth year in the league, his career earnings are set to eclipse $16 million by the end of this season.
What are the terms of Caleb Martin’s Contract?
Martin’s contract does not feature many terms, but the following is a small list of those present in the contract.
2024-25: Player Option (deadline 6/29/24)
15% Trade Bonus
How much of Caleb Martin’s Contract is guaranteed?
When Martin signed his current deal prior to the 2022-23 NBA season, he signed a three-year deal worth $20,408,850 of which the entire amount is fully guaranteed.
Caleb Martin Contract History
The small forward for the Miami Heat signed his first deal with the Charlotte Hornets in 2019 when he was selected as an undrafted free agent. His rookie year deal was for one year and was worth $898,310.
Martin then earned himself a three-year deal with the Hornets in 2019 for $4,198,912. In 2021, after being waived by the Hornets, he was picked up by the Heat where he signed a one-year deal worth $527,615.
FAQs
Caleb Martin is a 6 ft 5 in (1.96 m) tall small forward who plays for the Miami Heat.
Caleb Martin first attended North Carolina State University and then went to the University of Nevada.
Caleb Martin was born in Winston-Salem, North Carolina.
Yes, Caleb Martin has an identical twin by the name of Cody Martin. Cody also plays in the NBA as a small forward for the Charlotte Hornets.
Caleb Martin scored a career-high of 28 points on December 8, 2021, in a game against the Milwaukee Bucks.