Jarace Walker Contract

Last Modified May 6, 2024 16:58 GMT
Jarace Walker Contract
Jarace Walker Image credits: Getty Images

Jarace Walker is an American professional basketball player who plays for the Indiana Pacers in the NBA. The Pacers drafted Walker with the eighth overall pick in the 2023 NBA Draft. Known for his powerful post game and strong fundamentals, he possesses an NBA-ready body with massive potential to become a cornerstone for the Pacers in the future.

As a consensus five-star recruit and one of the top players of the 2022 high school class, Walker attended University of Houston, where he became the highest-drafted prospect from the school since Hall of Famer Hakeem Olajuwon. He was named AAC Freshman of the Year in 2023.

In his first season with the Pacers, Walker faced the typical adjustments that rookies have to make to play at NBA level. With All-Star Pascal Siakam in the Pacers team, Walker has the opportunity to learn and grow significantly under his mentorship. In the 2023/24 season with the Pacers, Walker participated in 33 games, averaging 3.6 points, 1.9 rebounds, and 1.2 assists per game.

Jarace Walker Contract Breakdown

Year

Base Salary

Signing

Bonus

Cap Hit

Dead Cap

Yearly Cash

2023/24 $6,059,520-$6,059,520-$6,059,520
2024/25 $6,362,520-$6,362,520-$6,362,520
2025/26 (Team Option)$6,665,520-$6,665,520-$6,665,520
2026/27 (Team Option)$8,478,542-$8,478,542-$8,478,542

How much is Jarace Walker getting paid?

Jarace Walker earned $6,059,520 during the 2023/24 NBA season.

According to Spotrac, Walker is on a four-year rookie scale contract with the Indiana Pacers, worth $27,566,102 part-guaranteed. Walker's rookie contract follows the typical NBA structure, with the first two years guaranteed and the last two years non-guaranteed. Walker’s agents are Joe Branch, Bill Duffy, and Justin Haynes of WME Sports.

How much does Jarace Walker make in a minute?

Jarace Walker’s salary for the 2023/24 season is $6,059,520. 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 Walker makes around $11.53 in a minute.

Jarace Walker Career Earnings

After the end of the 2023/24 NBA season, Walker would have earned approx. $6 million from his NBA contracts till date.

What are the terms of Jarace Walker’s contract?

Jarace Walker’s standard rookie scale contract has team options after second and third seasons. This means the team holds the option to decide if they wish to sign him for the 2025/26 and 2026/27 NBA seasons.

How much of the Jarace Walker Contract is guaranteed?

Jarace Walker’s contract worth $12,422,040 for the first two years is guaranteed until the 2024/25 NBA season. Third and fourth years of the contract are non-guaranteed as of May 2024.

Jarace Walker Contract History

Below are all the contracts that Jarace Walker has signed in his career till now:

July 1, 2023

Jarace Walker signed a four-year $27.57 million contract with the Indiana Pacers.

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FAQs on Jarace Walker Contract

A. Jarace Walker is on a four-year rookie-scale contract with the Indiana Pacers, worth $27,566,102 part-guaranteed.

A. Jarace Walker earned $6,059,520 for the 2023/24 NBA season.

A. Jarace Walker’s nationality is American.

A. Jarace Walker is 20 years old as of May 2024.

A. Jarace Walker plays as power forward.

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