Ja Morant is one of the most exceptional young talents in the NBA. The 24-year-old has been the face of the Memphis Grizzlies ever since he was drafted. Ja proved his worth in his first-ever season, winning the Rookie of the Year award and making the All-NBA second team in his third season.
Morant currently stands among the top players of the league, as the youngster is paid as handsomely too. At the end of the 2022-23 season, Morant’s rookie contract came to an end.
The contract numbers have increased drastically for star players. Signing 9 figure contracts and endorsement deals, players are only getting wealthier by the year. Ja is also one of the players who became eligible for the rookie extension. Entering the league in 2019, Morant received a well-paid contract, being the first-round second pick. Here we’ll look at Ja Morant’s yearly earnings, from his NBA salary to his endorsement deals.
How much will Ja Morant earn in 2024?
Morant signed a 4-year $39.6 million rookie contract with the Grizzlies in 2019. Ja went on to show his talents and potential, as the high flyer signed a rookie extension in July 2022. A 5-year $194.3 million contract will kick off following the 2022-23 season. As for now, Morant will make more than $36.7 million from his rookie contract.
Not only does the former Rookie of the Year earn big from his NBA contract, but he also signed an endorsement deal with Nike before being drafted. Ja signed a multi-year endorsement deal with Nike in 2019 worth $12.1 million, as per various sources. His signature shoes were made available on April 19th, 2023, though due to recent controversies, the sneakers were removed from Nike’s website as well as the app. Ja also earns from his investments and sponsorships with all sorts of brands.
Ja has other sponsorship deals with BodyArmour, Beats by Dre, Panini America, and another sports drink, Powerade owned by Coca-Cola. All around, including Morant’s contract as well as endorsements and sponsorships, the youngster earned around $50 million yearly in the last year. Looking at his new contract extension, Ja will earn a massive $80 million in by the end of the year, with the number likely to increase.
While the recent incidents may have an impact on Ja’s earnings, he will continue to make such a massive amount. It will be interesting to see whether the youngster will sign the biggest contract in the near future.