Markelle Fultz Contract

Last Modified Nov 30, 2023 15:47 GMT
Markelle Fultz
Markelle Fultz

Markelle Fultz became a basketball sensation through his High school success and had a sensational college freshman season which propelled his popularity to no extent, making him the talk of the town in the NBA community ahead of the 2017 Draft.

Fultz began his basketball aspirations once he made his school’s varsity team in his freshman season. With each game he played, his skills got more polished and he became popular as a two-position scoring guard.

Fultz had career-best scoring streaks in his Junior and Senior years, averaging over 17 points, eight rebounds, and four assists per game. During this time, Fultz broke the DeMatha High single-season assist record by scoring 278 assists and helped DeMatha Catholic High School win back-to-back Conference Championships.

Fultz was touted to be a consensus five-star recruit and signed the letter of intent with Washington over offers from Penn State, North Carolina, Virginia, Virginia Tech, Kentucky, and Ohio State, among others.

At Washington, Fultz shined in his freshman season, averaging 23.2 points, 5.7 rebounds, 5.9 assists, 1.6 steals, and 1.2 blocks on 47% shooting.

After forgoing his remaining college eligibility, Fultz declared for the 2017 draft and got picked first overall, becoming the only first overall NBA pick from Washington ever.

Markelle Fultz Contract Breakdown

YearBase SalarySalary BonusCap HitDead CapYearly Cash
2021-2022$16,500,000-$16,500,000-$16,500,000
2022-2023$16,500,000-$16,500,000-$16,500,000
2023-2024$17,000,000-$17,000,000$17,000,000$17,000,000

How much is Markelle Fultz getting paid?

Fultz earns an average annual salary amounting to $16.6 million. This season (2023-24), he will take home a base salary of $17 Million. Fultz is in his final year of the three-year $50 million rookie extension which he signed in December 2020.

How much does Markelle Fultz make in a minute?

Fultz on average makes close to 32 dollars every minute and will get paid about 32.3 dollars per minute this season.

Markelle Fultz Career Earnings

Thus far, Markelle Fultz has amassed approximately $70 Million in career earnings, excluding his earnings from the 2023-24 season. Since being traded to Orlando, Fultz’s career potential has witnessed resurgence as he averaged career-high 14 points, 3.9 rebounds, 5.7 assists, and 1.5 steals on a career-best 51% shooting.

If he continues his momentum, Fultz can earn a multi-year contract extension with Orlando.

What are the terms of Markelle Fultz’s Contract?

Fultz's existing deal contains an unlikely incentive clause in which he will receive one million dollars if he is declared NBA’s most-improved player in any one season of his three-year contract.

How much of Markelle Fultz’s Contract is guaranteed?

Fultz’s contract is fully guaranteed. The 3-year $50 million deal was previously guaranteed at $35 million with his final year earnings at the time estimated to be two million dollars. On June 30, 2023, Orlando guaranteed Fultz’s $17 million contract for the 2023-24 season.

Markelle Fultz's Contract History

After becoming a historic first overall pick, Fultz signed a lucrative four-year $37.4 million rookie contract with the 76ers on July 08, 2017. Fultz’s contract was partially guaranteed, (as most rookie contracts are) with the remaining amount reserved as a club option. Over the course of two seasons, Philadelphia exercised the remaining two-year $22 million club option.

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FAQs

A. Fultz stands 6 feet 4 inches tall.

A. Fultz weighs 210 lbs (94 kg).

A. Fultz’s wingspan measures 6 feet 10 inches in length.

A. Fultz was born in Upper Marlboro, Maryland.

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