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John Collins, a 25-year-old power forward, signed a lucrative contract with the Atlanta Hawks. The deal spans over five years and is worth a total of $125,000,000, guaranteeing Collins the full amount. This translates to an average annual salary of $25,000,000. In the 2023-24 season, Collins is set to earn a base salary of $25,340,000, with the same amount being his cap hit and dead cap value.
Collins was initially drafted in the first round as the 19th overall pick in 2017 after playing college basketball at Wake Forest. His agents, Sean Kennedy and Jeff Schwartz from Excel Sports Management, played a role in securing his contract. The agreement was signed as a Free Agent/Bird, and Collins will become an unrestricted free agent in 2026.
Contract
Here is a breakdown of Collins' contract by year:
- 2021-22: At the age of 24, Collins received a base salary of $23,000,000, accounting for 20.46% of the league's cap. The total cash received that year was also $23,000,000.
- 2022-23: As a 25-year-old, Collins earned a base salary of $23,500,000, constituting 19.00% of the league's cap. The cumulative cash received up to this point reached $46,500,000.
- 2023-24: Collins, now 26, saw an increase in his base salary to $25,340,000, which remained 18.91% of the league's cap. The guaranteed cash received rose to $71,840,000.
- 2024-25: In his 27th year, Collins' base salary reached $26,580,000, equivalent to 18.59% of the league's cap. The cumulative cash received increased further to $98,420,000.
- 2025-26: The final year of Collins' contract, as a 28-year-old, will see him earn $26,580,000 as the base salary, which accounts for 16.90% of the league's cap. The total guaranteed cash received over the five-year period will amount to $125,000,000.
Overall, Collins' contract represents a significant investment by the Atlanta Hawks, reflecting their confidence in his abilities as a power forward.
How Much John Collins Earn A Year?
| YEAR | AGE | BASE SALARY | YEARLY CASH | GUARANTEED |
|---|---|---|---|---|
| 2021-22 | 24 | $23,000,000 | $23,000,000 | $23,000,000 |
| 2022-23 | 25 | $23,500,000 | $23,500,000 | $46,500,000 |
| 2023-24 | 26 | $25,340,000 | $25,340,000 | $71,840,000 |
| 2024-25 | 27 | $26,580,000 | $26,580,000 | $98,420,000 |
| 2025-26 | 28 | $26,580,000 | $26,580,000 | $125,000,000 |
| YEAR | AGE | MONTHLY SALARY |
|---|---|---|
| 2021-22 | 24 | $1,916,667 |
| 2022-23 | 25 | $1,958,333 |
| 2023-24 | 26 | $2,111,667 |
| 2024-25 | 27 | $2,215,000 |
| 2025-26 | 28 | $2,215,000 |
| YEAR | AGE | WEEKLY SALARY |
|---|---|---|
| 2021-22 | 24 | $442,857 |
| 2022-23 | 25 | $452,381 |
| 2023-24 | 26 | $487,500 |
| 2024-25 | 27 | $510,577 |
| 2025-26 | 28 | $510,577 |
| YEAR | AGE | HOURLY SALARY |
|---|---|---|
| 2021-22 | 24 | $11,294.53 |
| 2022-23 | 25 | $11,306.67 |
| 2023-24 | 26 | $12,019.23 |
| 2024-25 | 27 | $12,433.38 |
| 2025-26 | 28 | $12,433.38 |