Franz Wagner Contract: Salary

Franz Wagner agreed to a four-year deal for $22,781,932 with an annual salary of $5,695,483. He earned a guaranteed sum of $10,266,120 at the time of signing. This deal was signed as an Entry Level/Rookie, and the player will become a restricted free agent in 2025.

When Franz Wagner turns 20 in the first year of the deal (2021-22), his basic pay will be $5,007,840, with no probable or unlikely incentives or trade bonuses. The salary cap hit for that year will be $5,007,840, or 4.45% of the league's salary limit. The player's annual cash compensation will also be $5,007,840, as guaranteed under the contract.

When Franz Wagner reaches the age of 21 in the second year (2022-23), his base wage rises to $5,258,280. This year, there are no probable or unlikely incentives or trade bonuses. The cap hit stays unchanged at $5,258,280, or 4.25% of the league's salary limit. The player's annual cash earnings correspond to his base wage, and the contract promises a total of $10,266,120 at this time.

At the age of 22, the club exercises an option on the player's contract for the third year (2023-24). This year's basic pay is $5,508,720, with no extra incentives or trade bonuses. The cap hit for the season is $5,508,720, which accounts for 4.11% of the league's salary limit. The player's annual cash earnings match his basic wage, and the deal now promises a total of $15,774,840.

YEAR	AGE	STATUS	BASE SALARY	CAP HIT	PCT OF LEAGUE CAP	YEARLY CASH	GUARANTEED
2021-22	20		$5,007,840	$5,007,840	4.45%	$5,007,840	$5,007,840
2022-23	21		$5,258,280	$5,258,280	4.25%	$5,258,280	$10,266,120
2023-24	22	Club Exerc.	$5,508,720	$5,508,720	4.11%	$5,508,720	$15,774,840
2024-25	23	Club	$7,007,092	$7,007,092	4.90%	$7,007,092	$22,781,932

The club keeps the player with a basic salary of $7,007,092 in the last year of the contract (2024-25), when he is 23 years old. There are no probable incentives, unlikely incentives, or trade bonuses this year, as there have been in prior years. This year's cap hit is $7,007,092, accounting for 4.90% of the league's salary limit. The player's annual cash earnings correspond to the base wage, and the contract guarantees the whole sum of $22,781,932.

Overall, the player will get a consistent rise in base income over the course of four years, leading in an average yearly compensation of $5,695,483. The guaranteed sum when signing provides the player's financial stability, and he will be able to explore his alternatives as a restricted free agent in 2025. 

Franz Wagner Weekly & Hourly Salary 

YEAR	WEEKLY SALARY	HOURLY SALARY
2021-22	$96,346.15	$48.17
2022-23	$101,120.00	$50.56
2023-24	$105,673.85	$52.84
2024-25	$134,750.69	$67.38

In the 2021-22 season, Franz Wagner's weekly salary is $96,346.15, and his hourly salary is $48.17. 

For the 2022-23 season, Franz Wagner's weekly salary amounts to $101,120.00, while his hourly salary is $50.56. Moving on to the 2023-24 season, Franz Wagner's weekly salary increases to $105,673.85, with an hourly rate of $52.84.

In the 2024-25 season, Franz Wagner's weekly salary sees a further increase to $134,750.69, resulting in an hourly salary of $67.38. These figures highlight the progression of Franz Wagner's earnings over the years, with both his weekly and hourly salary showing an upward trend as his career advances.