Malik Monk Contract

Last Modified Dec 1, 2023 11:20 GMT
Malik Monk
Malik Monk

Malik Monk is one of the best sixth men in the NBA who plays for the Sacramento Kings.

Born on February 4, 1998, Monk's basketball journey began at East Poinsett County High School in Lepanto, Arkansas. After his freshman year, he transferred to Bentonville High School in Bentonville, Arkansas. Throughout his high school basketball tenure, Monk showcased his ultra-athletic jaw-dropping plays at the shooting guard position, earning a consensus five-star talent rating.

For college, Monk attended University of Kentucky for the 2015/2016 season. In his freshman season, he was named SEC Player and Freshman of the Year. Monk's potential as a scoring machine led him to be selected with the 11th overall pick in the 2017 NBA Draft by the Charlotte Hornets.

In his four year tenure with the Hornets, Monk was always an exciting young prospect and had some great highlight dunks and sharp-shooting performances. However, he struggled to develop his game beyond being just another athletic guard.

During the 2021/2022 season with the Lakers, Monk came into his own as he improved stats across the board. Unfortunately for him, the Lakers couldn't re-sign him due to his increased value, and the Sacramento Kings seized the opportunity to add him to their roster.

Monk's impact at the Kings was immediate. He finally found his identity in a sixth man role where he has the green light to shoot. He has become an off-the-bench scoring machine for the Kings and helped the team reach the playoffs after 17 years last season.

In Game 1 of the Kings' first-round playoff series against the Golden State Warriors, Monk put up 32 points on a perfect 14-of-14 shooting from the free-throw line in a 126–123 win. This performance also tied Ed Macauley's record for the most free throws made without a miss in a playoff debut.

Renowned for his offensive prowess off the bench, Monk continues to provide a significant scoring punch for the Kings, including a game-winning shot in the 2023 NBA In-Season Tournament against the Warriors in the ongoing 2023/24 season.

Malik Monk Contract Breakdown

YearBase SalarySigningBonusCap HitDead CapYearly Cash
2023/24 $9,945,830-$9,945,830-$9,945,830

How much is Malik Monk getting paid?

Malik Monk is set to earn $9,945,830 for the 2023/24 season.

According to Sportrac, he signed a two-year contract with the Sacramento Kings, worth $19,418,049 guaranteed.

How much does Malik Monk make in a minute?

Malik Monk’s salary for the 2023/24 season is $9,945,830. 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 $18.92 in a minute.

Malik Monk Career Earnings

In his drama-filled nine-year career, Malik Monk has earned approx. $25 million, up until the end of 2022-23 season.

What are the terms of Malik Monk’s contract?

Monk’s current contract does not have any terms associated with it. It is a two-year deal and he will be a free agent once the deal is over at the end of the 2023/24 NBA season.

How much of the Malik Monk Contract is guaranteed?

Malik Monk’s entire $19,418,049 is guaranteed.

Malik Monk Contract History

These are all the contracts that Malik Monk has signed in his career till now.

July 2, 2017

Malik Monk signed a four-year $15.73 million rookie scale contract with the Charlotte Hornets.

August 6, 2021

Monk agreed to sign a one-year $1.79 million contract with the Los Angeles Lakers.

July 6, 2022

Malik Monk signed a two-year $19.42 million contract with Sacramento Kings.

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FAQs

A. Malik has signed a two-year contract worth $19,418,049 with the Sacramento Kings. His average annual salary would be $9,709,025. Malik will earn a basic salary of $9,945,830 in the 2023/24 NBA season.

A. Malik Monk played college basketball for the University of Kentucky.

A. Malik Monk weighs 200 lbs or 90 kg.

A. Malik Monk averaged 20.8 minutes per game in the regular season and 29.3 minutes in the 2023 playoffs.

A. Malik Monk plays for the Sacramento Kings in the NBA.

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