Cody Martin is an American professional basketball player currently donning a jersey of the Charlotte Hornets in the NBA. Hailing from Winston-Salem, North Carolina, Martin has the privilege to play for his hometown team.
Cody Martin began his basketball career alongside his twin brother Caleb Martin at Davie County High School in Mocksville, North Carolina. After a couple of years, Cody and his brother transferred to Oak Hill Academy, a renowned prep powerhouse. During his college years, Martin spent two seasons at NC State before transferring to Nevada, where he played for another two years.
In the 2019 NBA Draft, Cody Martin was selected 36th overall by the Charlotte Hornets. In his first two seasons in the NBA, Martin showed steady growth as a two-way player. He was mostly known for his athletic abilities and attacking the rim. He was trying to mold his game as a 3-&-D wing player. Over the years, his defense improved and now, Cody is seen as an off-the-bench impactful defender.
The 2021-22 NBA season saw Martin having a breakout year as he established himself as an elite two-way option for the Hornets. Charlotte showed confidence in him by extending his contract, signaling their belief in his long-term potential and importance to the team.
Cody Martin Contract Breakdown
| Year | Base Salary | SigningBonus | Cap Hit | Dead Cap | Yearly Cash |
| 2022-23 | $7,000,000 | - | $7,000,000 | - | $7,000,000 |
| 2023-24 | $7,560,818 | - | $7,560,818 | - | $7,560,818 |
| 2024-25 | $8,120,000 | $8,120,000 | $8,120,000 | ||
| 2025-26(Non-GTD) | $8,680,000 | - | $8,680,000 | - | $8,680,000 |
How much is Cody Martin getting paid?
Cody Martin is slated to earn $7,560,000 for the 2023/24 NBA season as per his contract with the Charlotte Hornets.
According to Spotrac, Martin signed a lucrative four-year, $31,360,000 contract with the Charlotte Hornets on July 31st, 2019. Notably, only the three years, worth $22,680,000, is guaranteed. The last year of the contract in 2025-26 is non-guaranteed.
How much does Cody Martin make in a minute?
Cody Martin's salary for the 2023/24 season is $7,560,000. One year is known to have 525,600 minutes. If his total salary is divided by the number of minutes available in a year, then he makes around $14.38 in a minute.
Cody Martin Career Earnings
After the end of the 2023/24 season, Martin would have earned approximately $19 million from his NBA contracts.
What are the terms of Cody Martin’ contract?
Cody Martin’ current contract comes with a distinctive set of terms. While the initial three years are guaranteed, the fourth year is subject to non-guarantee. The contract states that the Hornets team management holds the authority to decide if they wish to bring Cody back for the final season or not.
The team can choose to keep the contract for only three years based on certain undisclosed terms. This potentially allows Cody Martin to become a free agent after only three seasons. Consequently, the duration of Cody's contract could end in the 2025 offseason or extend until the 2026 offseason.
How much of the Cody Martin Contract is guaranteed?
Only three years out of a four year contract are guaranteed for Cody Martin. It is worth $22,680,000.
Cody Martin Contract History
These are all the contracts that Cody Martin has signed in his career till now.
July 31, 2019
Cody Martin signed a three-year $4.47 million rookie contract with Charlotte Hornets.
July 6, 2022
Martin agreed to sign a four-year $31.36 million contract with the Hornets.
FAQ's on Cody Martin Contract
A. Cody Martin is on a four-year, $31,360,000 contract with the Charlotte Hornets.
A. Cody Martin' salary is $7.5 million for the 2023/24 NBA season.
A. As of March 2024, the net worth of Cody Martin is approximately around $5 million.
A. Cody Martin averaged 7.5 points, 4 rebounds, 3.7 assists, and 1.2 steals for the Charlotte Hornets while playing 26.6 minutes per game in the 2023/24 NBA season.
A. Cody Martin played collegiate basketball at two universities. From 2014 to 2016, he played for the NC State Wolfpack, and from 2017 to 2019, Cody Martin played college ball at Nevada Wolf Pack.
A. Martin plays for the Charlotte Hornets in the NBA, as of March 2024.
