How much is Cole Anthony paid?

Last Modified Feb 24, 2024 06:51 GMT
Cole Anthony’s contract
Cole Anthony

Cole Anthony is an American basketball player who currently plays as a point guard for the Orlando Magic in the NBA. The Magic drafted Anthony with the 15th pick in the first round of the 2020 NBA Draft.

Cole Anthony comes from a privileged background as the son of Greg Anthony and Crystal McCrary, with Raymond McGuire as his stepfather. Cole’s father, Greg Anthony is a former NBA player and current analyst for NBA TV and Turner Sports, and he played a significant role in Cole's upbringing.

Despite growing up in a penthouse and enjoying the benefits of wealth, Cole's parents instilled in him the values of hard work and resilience. Cole Anthony has emphasized that he doesn't take anything for granted in life and values the knowledge and guidance provided by his parents.

Cole Anthony showcased his talents early on, earning a five-star athlete rating in high school and establishing himself as one of the top point guard prospects in the nation. He represented the United States at the 2018 FIBA Under-18 Americas Championship, where he played a crucial role in securing a gold medal for U-18 team USA.

In the final against Canada, he led the team with 18 points, contributing to a decisive 113–74 victory. Anthony's impressive performance throughout the tournament earned him a place on the all-tournament team, with averages of 14.3 points and 4.2 assists per game.

During the 2023/24 NBA season, Cole Anthony is averaging 12 points, 4 rebounds and 3 assists while playing 23 minutes per game off the bench. As of February 2024, Anthony has not started a single game for the Magic in the 2023/24 NBA season.

Cole Anthony Annual Salary

According to Spotrac, Cole Anthony will earn $5,539,771 for the 2023/24 NBA season. It is a steady jump from the $3,613,680 he earned in the 2022/23 NBA season.

Into his fourth and final year rookie contract with the Orlando Magic, Anthony has developed into an off-the-bench point guard who can make an immediate impact with his shooting, hustle and on-court leadership. A vital component in Orlando's arsenal, the franchise has already re-signed him for three more years, in a deal worth $39.1 million.

A yearly breakdown of Anthony’s current salary as reported by Sportrac is mentioned below:

Season TeamSalary
2020-21Orlando Magic$3,285,120
2021-22Orlando Magic$3,449,400
2022-23Orlando Magic$3,613,680
2023-24Orlando Magic$5,539,771

Yearly breakdown of Anthony’s upcoming contract that kicks in summer of 2024 is mentioned below:

Season TeamSalary
2024-25Orlando Magic$12,900,000
2025-26Orlando Magic$13,100,000
2026-27 (Team Option)Orlando Magic$13,100,000

How long is Cole Anthony’s contract?

Cole Anthony's contract is three years long until 2027. However, Orlando has a team option for the last year of the contract in the 2026/27 season, so Anthony’s contract could end up being a two year contract and end in 2026 if the team does not pick his team option in the 2026 off season.

Anthony signed his first-ever professional contract with the Orlando Magic on November 21, 2020, which was a four-year $15.89 million deal. The clauses in the contract stated that the first two years were fully guaranteed, while year three and year four options belonged to the team.

Anthony was eligible for a contract extension after the 2022/23 season, and Orlando management decided to sign the talented Anthony for three more years worth $39.1 million. Now, Anthony is locked in with the Magic until the 2027 off season.

FAQ's On Cole Anthony paid?

A. Cole Anthony is 23 years old as of February 2024.

A. Cole Anthony will earn $5,539,771 in the 2023/24 season.

A. Cole Anthony played college basketball at the University of North Carolina.

A. According to online sources, the net worth of Cole Anthony is estimated at around $4 million as of 2024.

A. Cole Anthony plays as a point guard in the NBA. 

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