Derrick White Signs Lucrative Contract with San Antonio Spurs
High-Value Deal and Salary Breakdown
Four-Year, $70 Million Agreement
NBA star Derrick White has inked a lucrative four-year, $70 million contract with the San Antonio Spurs, solidifying his financial status and ensuring his long-term commitment to the team. This contract includes a guaranteed $68 million, providing White with a substantial financial cushion. The annual average salary of $17.5 million reflects his value as a key player in the Spurs' lineup.
Salary Details for Upcoming Seasons
For the 2022-23 season, White is set to receive a base salary of $16,392,857, while the cap hit stands at $16,892,857. In the subsequent 2023-24 season, his base salary will increase to $17,607,143. According to Spotrac, White will earn a hefty $17.61 million for the 2023-2024 season.
Impressive 3-Point Shooting Performance
Apart from his contract details, White has also showcased his shooting prowess. Despite missing some games due to injuries, he ranks 21st among all players in total 3-pointers made during the 2022-23 season, with 184 successful shots. His impressive 40.1% shooting rate demonstrates his accuracy and consistency from beyond the arc.
Combined Salary and Comparison to Peers
Over the next two seasons, White is projected to earn a combined $35 million. This substantial income puts him among the highest-paid players on the Spurs roster. While his contract may not match the earnings of some of the league's top stars, it places him comfortably within the upper echelon of NBA salaries.
Impact on San Antonio Spurs
White's contract extension is a significant development for the San Antonio Spurs. The team has shown its commitment to building around the talented guard, who has quickly become a fan favorite. His presence on the roster provides stability and leadership, both on and off the court.
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