Dean Wade Contract

Last Modified Apr 25, 2024 14:39 GMT
Dean Wade Contract
Dean Wade Image credits: Getty Images

Dean Wade is an American basketball player who is signed with the Cleveland Cavaliers in the NBA. Wade's journey from being an undrafted player to becoming a key player for the Cavs is a story of determination, growth and undeniable talent.

In the 2019 NBA Draft, Wade went undrafted after a solid four career at Kansas State University. The 6’9” power forward later signed a two-way contract with the Cavaliers and has never looked back since.

Wade started to excel in a backup role, serving as a versatile big man who can stretch the floor by knocking down jumpers from deep. While players in similar roles often struggle defensively, Wade stands out for his fundamental footwork and ability to hold his own against tough offensive players around the rim. Wade epitomizes the perfect two-way stretch four who is capable of making an instant impact off the bench.

Throughout his career in the NBA, Wade has thrived in this niche role, but his breakout came in the 2023/24 season when he stepped up as a starter in 32 games due to injuries to both Cavs forwards Jarrett Allen and Evan Mobley. Among his standout performances, Wade's career-high 23-point game on March 5, 2024 won't be forgotten by NBA fans for a while. Wade dropped 20 of those 23 points in the fourth quarter, spearheading a memorable 22-point comeback win over the league-leading Boston Celtics.

Dean Wade Contract Breakdown

Season

Base Salary

Signing

Bonus

Cap Hit

Dead Cap

Yearly Cash

2023/24 $5,709,877-$5,709,877-$5,709,877
2024/25$6,166,667-$6,166,667-$6,166,667
2025/26(Part-Guaranteed)$6,623,456-$6,623,456-$6,623,456

How much is Dean Wade getting paid?

According to Spotrac, Wade is on a three-year contract with the Cavaliers worth $18,500,000 part-guaranteed. He has an average annual salary of $6,166,667.

Wade is set to earn $6,166,667 for the 2023/24 season.

How much does Dean Wade make in a minute?

Dean Wade’s salary for the 2023/24 season is $6,166,667. Now 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 Wade makes around $11.73 in a minute.

Dean Wade Career Earnings

After the end of the 2023/24 NBA season, Dean Wade would have earned approx. $11 million in his NBA career earnings.

What are the terms of Dean Wade’s contract?

Dean Wade’s current contract does not have any terms in it.

How much of the Dean Wade contract is guaranteed?

First two years of Dean Wade's contract are fully guaranteed. However, the third year of the contract, in the 2025/26 NBA season, is partially guaranteed. Out of the allotted $6,623,456 for that season, only $4,623,458 is guaranteed. The remaining $1,999,998 will become guaranteed on January 10, 2026.

Dean Wade Contract History

These are all the contracts that Dean Wade has signed in his career till now.

September 27, 2022

Dean Wade signed a three-year $18.5 million contract with Cleveland Cavaliers.

June 22, 2022

The Cavaliers exercised their $1.93 million option to keep Dean Wade on their roster.

July 2, 2019

Dean Wade agreed to a two-way contract extension with the Cavaliers.

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FAQs on Dean Wade Contract

A. Dean Wade is on a three-year $18.3 million contract with the Cavaliers. He will be a free agent in the 2026 offseason.

A. Wade will earn a salary of $5,709,877 for the 2023/24 NBA season.

A. Dean Wade hails from Wichita, Kansas. 

A. Dean Wade plays as a power forward for the Cavaliers.

A. Dean Wade played college basketball for Kansas State University.

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