PJ Washington's contract breakdown: How much does he earn per year?
According to ESPN and the NBA, P.J. Washington signed a three-year, $48 million guaranteed contract with the Charlotte Hornets in August 2023. During his move in 2024, the Mavericks took over his contract after a trade deal with his former team, which keeps him there until the 2025/26 season.
The Hornets gave him this contract at the end of his rookie deal, which made him a free restricted agent. However, no team gave him a compelling offer, and he re-signed with the Hornets.
Throughout his career, P.J. Washington has earned around $50 million. With his Mavericks deal, in the first year (2023/24), P.J. earned $16,847,826, in the second year, the player banked $15,500,000, and in his last year, Washington is expected to take home $14,152,174.
In 2019, at the beginning of his NBA career, Washington signed a four-year $17.88 million rookie deal with the Hornets. In his first season (2019/20), the forward made $3,631,840 with a cap hit of $3,831,840.
The following year, Washington pocketed $3,823,600, and his next annual pay jumped to $4,215,120. In the last year of his rookie deal, Washington’s salary was $5,808,435.
Source: Getty Images
In 2019, P.J. Washington signed a multi-year deal with Nike. The details of the agreement, including its cost and duration, remain undisclosed. That said, he wears the Nike GT Cut Academy, Nike Air Zoom GT Cut 2, Nike Kobe 6 Protro, Nike Zoom Freak 2, Nike Zoom Freak 1, and Nike Kobe AD Exodus.
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Final word
P.J. Washington’s contract signals his steady rise in basketball. His annual salary has gradually increased, leading to his $48 million deal with the Hornets. The forward has a promising financial future, and if he continues to deliver strong performances, he will improve his chances of securing bigger deals.
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