The No. 3 overall pick of Portland Trailblazers in the 2023 NBA Draft, Scoot Henderson, signed a four-year $44.36 million rookie scale contract with the team on July 1, 2023.
This contract includes $44.36 million guaranteed and an annual average salary of $11.09 million.
For the 2023-24 season, Henderson will earn a base salary of $9.77 million while carrying a cap hit of $9.77 million and a dead cap value of $9.77 million.
This contract will keep Henderson with Trailblazers until 2027.
Record-Breaking NBA G League Contract
Scoot Henderson, at 17, made history as the youngest professional basketball player in U.S. history when he signed a lucrative contract with the NBA G League Ignite Elite team.
The deal, worth $1 million, marked a significant milestone for the talented five-star point guard from Marietta, Georgia.
Henderson chose to forgo his senior year of high school to join the ranks of fellow five-star prospects Jalen Green and Jonathan Kuminga on the Ignite Elite team, becoming the first player to spend two years with the program.
Prior to reclassifying, Henderson was already regarded as the No. 3 point guard, according to 247Sports.
Scoot Henderson Net Worth & NIL Deal
As of 2023, the Trailblazers guard Scoot Henderson is estimated to be worth around $5 million.
Largely contributing to his wealth is his professional contracts, past NIL deal, and many more.
Scoot Henderson decided to join the G League Ignite instead of pursuing college basketball, and his choice was accompanied by a significant milestone in his career.
In 2022, Henderson took steps to protect his personal brand by applying for trademarks on his name and his empowering motto, “Overly Determined to Dominate.”
Additionally, he ventured into the realm of youth sports by launching his own Amateur Athletic Union (AAU) programs tailored for boys and girls.
He also inked a groundbreaking endorsement deal with Puma, which amounted to a seven-figure contract.
Notably, this endorsement agreement stood as the largest shoe contract ever signed by a player not yet eligible for the NBA draft or in their draft year.
Similarly, his most recent deal with Trail Blazers has skyrocketed his numbers, making him one of the richest rookies in the league.
