Known for his exceptional shooting skills, Douglas "Doug" Richard McDermott is a veteran forward who plays for the Indiana Pacers. Born in Grand Forks, North Dakota, McDermott grew up around basketball, as his father was the assistant coach at University of North Dakota.
During his high school years at Ames High School in Ames, Iowa, McDermott played alongside future NBA star Harrison Barnes. Together, they led the team to 53 consecutive wins and consecutive Iowa state titles.
McDermott then continued his basketball career at Creighton University, where his father was the coach. He had an illustrious college career, emerging as an elite shooter and earning accolades such as National College Player of the Year in 2014. McDermott also set an NCAA record by scoring in double figures in 135 games, and his jersey #3 was retired by the Creighton Bluejays.
In the 2014 NBA Draft, the Denver Nuggets selected McDermott with the 11th overall pick. However, he was traded to the Chicago Bulls on draft night. He quickly showcased his shooting abilities in the NBA, shooting an impressive 42.5% from 3-point range in just his second season.
In 64 games for the San Antonio Spurs and the Indiana Pacers in the 2023/24 season, McDermott averaged 4.2 points per game.
Doug McDermott Contract Breakdown
Season | Base Salary | SigningBonus | Cap Hit | Dead Cap | Yearly Cash |
| 2021/22 | $13,750,000 | - | $13,750,000 | - | $13,750,000 |
| 2022/23 | $13,750,000 | - | $13,750,000 | - | $13,750,000 |
| 2023/24 | $13,750,000 | - | $13,750,000 | - | $13,750,000 |
How much is Doug McDermott getting paid?
According to Spotrac, Doug McDermott is on a three-year contract with the Indiana Pacers worth $41,250,000 fully-guaranteed, an average annual salary of $13,750,000.
McDermott earned a salary of $13,750,000 for the 2023/24 NBA season. He is set to become a free agent in the upcoming 2024 free agency.
How much does Doug McDermott make in a minute?
Doug McDermott’s salary for the 2023/24 season is $9,423,869. 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 McDermott makes around $17.93 in a minute.
Doug McDermott Career Earnings
After the end of the 2023/24 NBA season, Doug McDermott would have earned approx. $31.5 million from his NBA contracts till date.
What are the terms of Doug McDermott’s contract?
There are no terms in McDermott’s current contract.
How much of the Doug McDermott contract is guaranteed?
Doug McDermott's contract is fully guaranteed.
Doug McDermott Contract History
Below are all the contracts that Doug McDermott has signed in his career till now:
August 8, 2021
McDermott signed a three-year $42 million contract with the San Antonio Spurs.
July 6, 2018
Doug McDermott agreed to a three-year $22 million contract with the Indiana Pacers.
July 9, 2015
Doug McDermott agreed to a four-year $10.43 million contract with the Chicago Bulls.
FAQs on Doug McDermott Contract
A. Doug McDermott is on a three-year $41.25 million contract with the Indiana Pacers.
A. Doug McDermott earned $13.75 million in salary for the 2023/24 NBA season.
A. Doug McDermott was drafted by the Denver Nuggets with the 11th overall pick in the 2015 NBA Draft
A. Doug McDermott plays as a small forward for the Indiana Pacers.
A. Doug McDermott's agent is Mark Bartelstein.
A. Doug McDermott played college basketball for Creighton University.
