Current Contract
Orlando Magic
Contract Start
July 2024
Contract End
June 2029
Duration
5 years
Contract Type
Rookie Max
Total Guaranteed
$197.2m
2025 Salary
$36.7m
2024/28 Rookie Extension
8 July 2023 - Desmond Bane signed 5-year (2024/28) rookie extension at Memphis Grizzlies worth $197.23 million (Fully Guaranteed). His average salary with this contract is $39.45 million/year. He was traded to Orlando Magic in July 2025.
Contract Details
| Signed | Avg/Salary | Total | Team | Source |
|---|---|---|---|---|
| 2024 | $39.4m | $197.2m | Orlando Magic | ESPN via Adrian Wojnarowski |
Contract Breakdown (5 Years)
Season
Team
Age
Salary
2024-25
25
$34,005,250
2025-26
26
$36,725,670
2026-27
27
$39,446,090
2027-28
28
$42,166,510
2028-29
29
$44,886,930
| Season | Team | Age | Base Salary | Option | Remaining |
|---|---|---|---|---|---|
| 2024-25 |
|
25 | $34,005,250 | $163,225,200 | |
| 2025-26 |
|
26 | $36,725,670 | $126,499,530 | |
| 2026-27 |
|
27 | $39,446,090 | $87,053,440 | |
| 2027-28 |
|
28 | $42,166,510 | $44,886,930 | |
| 2028-29 |
|
29 | $44,886,930 | $0 |
Contract History
Year
Avg/Salary
Total
Team
2020
$2.5m
$9.9m
| Year | Avg/Salary | Total | Team | Source |
|---|---|---|---|---|
| 2020 | $2.5m | $9.9m |
Memphis Grizzlies
|
