Caris LeVert Contract

Last Modified Apr 25, 2024 14:29 GMT
Caris LeVert Contract
Caris LeVert Image credits: Getty Images

Caris Coleman LeVert is an American basketball player who plays for the Cleveland Cavaliers. He is a versatile swingman who can operate as both shooting guard or small forward.

In the 2016 NBA Draft, the Indiana Pacers selected LeVert with the 20th overall pick, but then traded him to the Brooklyn Nets in exchange for Thaddeus Young. Prior to the NBA, LeVert had a solid four-year career at the University of Michigan. He was a key part of the Wolverines team that reached the 2013 March Madness championship game, although they lost against Louisville Cardinals.

During his time with the Nets, LeVert showed all-star potential. His quick burst of speed and ability to attack the rim through contact made him a fan-favorite in Brooklyn. However, after a promising first two seasons in the NBA, injuries plagued him during his third and fourth years with the Nets.

In February 2022, Caris LeVert was one of the pieces of the infamous "Harden trade" to the Nets, and was traded to the Indiana Pacers who soon traded him to the Cleveland Cavaliers. He is now proving himself as a valuable impact player and continues to improve as a two-way player. In the 2023/24 NBA regular season, LeVert averaged 14.0 points, 4.1 rebounds, 5.1 assists and 1.1 steals. He shot 42.1% from the field, including 32.5% from beyond the arc.

Caris LeVert Contract Breakdown

Season

Base Salary

Signing

Bonus

Cap Hit

Dead Cap

Yearly Cash

2023/24 $15,384,616 $15,384,616 $15,384,616
2024/25$16,615,384 $16,615,384 $16,615,384

How much is Caris LeVert getting paid?

Caris LeVert is set to earn $15,384,616 for the 2023/24 NBA season. According to Spotrac, he is on a two-year $32 million guaranteed contract with the Cleveland Cavaliers. This deal ensures an average annual salary of $16,000,000 for LeVert. Austin Brown of the CAA is the agent of LeVert.

How much does Caris LeVert make in a minute?

Caris LeVert’s salary for the 2023/24 season is $15,384,616. An average year has 525,600 minutes. Thus, if his total salary is divided by the number of minutes available in a year, then he ends up making around $29.27 in a minute.

Caris LeVert Career Earnings

After the end of 2023/24 NBA season, Caris LeVert would have earned over $75 million from his NBA contracts till date.

What are the terms of Caris LeVert’ contract?

Caris LeVert's contract does not have any terms. It is a straight forward two year deal.

How much of the Caris LeVert contract is guaranteed?

Caris LeVert current contract is fully guaranteed. He will earn a guaranteed $32,000,000 from his current contract.

Caris LeVert Contract History

These are all the contracts that Caris LeVert has signed in his career till now.

July 6, 2023

LeVert agreed to a two-year $32 million contract with the Cleveland Cavaliers.

August 25, 2019

Caris LeVert signed a three-year $52.5 million contract with the Brooklyn Nets.

July 14, 2016

LeVert signed a four-year $7.52 million rookie-scale contract with the Brooklyn Nets.

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FAQs on Caris LeVert Contract

A. Caris LeVert is on a two-year $32 million contract with the Cleveland Cavaliers. He will become an unrestricted free agent in the 2025 offseason.

A. Caris LeVert salary is $15,384,616 for the 2023/24 NBA season. 

A. In the 2023/24 NBA regular season, LeVert averaged 14.0 points, 4.1 rebounds, 5.1 assists and 1.1 steals. He shot 42.1% from the field, including 32.5% from 3-point distance.

A. Caris LeVert played collegiate basketball for the University of Michigan from 2012 to 2016.

A. Caris LeVert was drafted by the Indiana Pacers with the 20th overall pick in the 2016 NBA Draft.

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