Updated December 21st, 2020 at 17:02 IST
Kyle Kuzma net worth: Lakers star's salary, endorsement deals after new $40 MILLION deal
Kyle Kuzma net worth: According to multiple reports, the Los Angeles Lakers power forward is currently worth $3 million as of the year 2020.
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The Los Angeles Lakers and Kyle Kuzma have agreed on a 3-year, $40 million contract. The deal guarantees three more seasons with the team, which will still comprise of LeBron James and Anthony Davis. While Kuzma had a slightly underwhelming season with the Lakers, the power forward has stepped up when needed, helping the Lakers secure their 17th NBA title.
Also read | Kyle Kuzma deactivates Twitter account after demanding to end "disrespect on his name"
Kyle Kuzma salary, net worth and contract
As per Celebrity Net Worth, the 25-year-old is currently worth $3 million.
Los Angeles Lakers forward Kyle Kuzma has agreed to a three-year, $40M contract extension, including a player option on 2023-2024 season, sources tell ESPN.
— Adrian Wojnarowski (@wojespn) December 20, 2020
The Lakers, for the first time in over a decade, have signed a rookie contract extension. The contract is a 3-year, $40 million extension, which includes a player option for the 2023-24 season. As per reports, the non-max rookie extension is being signed for the first time in the league. With this new contract, Kuzma could become an unrestricted free agent at 28 – which will be his prime.
Player option on a non-max rookie extension is a first in league, a creative wrinkle that allows Kuzma into unrestricted free agency in his prime at 28. Smart move and great benefit for Kuzma should he out-perform this deal headed into summer of 2023.
— Adrian Wojnarowski (@wojespn) December 20, 2020
With his new contract, Kuzma will earn $13.3 million per year. Kuzma is currently signed to a four-year, $8,650,178 contract, paying him $2,162,545 per year. By 2023-24, he will have earned $48,526,766 with the Lakers.
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Kyle Kuzma endorsements
Apart from his deal with Puma, Kuzma endorses GOAT (Greatest of All-Time) app – the secondary market for sneakers and other apparel.
Also read | LeBron James hypes up Kyle Kuzma, believes he will take a 'Giant Leap' this season
Kyle Kuzma Puma deal
The deal with @PUMAHoops that the Lakers' Kyle Kuzma finalized last week will pay him in the $3 million range annually over the next five seasons, industry sources say
— Marc Stein (@TheSteinLine) October 2, 2019
Last October, Kyle Kuzma signed his deal with Puma. While it pays less than some rookie sho contracts, Kuzma will be earning $3 million yearly for a few years. While it might be a good-enough endorsement deal for a No. 27 pick, Kuzma might be able to get a signature, especially after his title win.
Also read | Kyle Kuzma net worth, Lakers career, tussle with Lonzo Ball and LeBron James' influence
Disclaimer: The above Kyle Kuzma net worth information is sourced from various websites and media reports. The website does not guarantee a 100% accuracy of the figures.
(Image credits: Kyle Kuzma Instagram)
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Published December 21st, 2020 at 17:02 IST
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