Anthony Edwards was born on August 5, 2001 in Atlanta, Georgia, U.S. He played college basketball for the University of Georgia Bulldogs and was selected with the first overall pick by the Timberwolves in the 2020 NBA draft. He is nicknamed “Ant-Man” or simply “Ant”. He plays as a shooting guard and wears number 5 on his jersey.
Career Earnings of Anthony Edwards:
Anthony Edwards has earned a total of $47,910,000 in his NBA career as of January 29, 2024. His annual salary has increased from $9,760,000 in his rookie season (2020-21) to $13,530,000 in his fourth season (2023-24).
- Rookie Contract: Anthony Edwards signed a four-year rookie contract with the Timberwolves on November 24, 2020, worth $44,160,000 in total. The contract included a team option for the third and fourth year, which the Timberwolves exercised on October 18, 2021 and October 17, 2022, respectively. The contract also had a 120% rookie scale, which means that Edwards received 20% more than the standard rookie salary for his draft position.
- Second Contract: Anthony Edwards is eligible for a contract extension after his fourth season (2023-24), which he can sign as early as July 1, 2024. The maximum amount he can receive is 25% of the salary cap, which is projected to be $125 million for the 2024-25 season. This means that Edwards could potentially sign a five-year deal worth $156.25 million, or a four-year deal worth $125 million. However, the exact terms of his second contract will depend on his performance, the market demand, and the Timberwolves’ salary situation.
- Third Contract: Anthony Edwards will be 28 years old when his second contract expires, assuming he signs a five-year deal in 2024. He will then be eligible for another contract, which could be worth up to 30% of the salary cap, or $37.5 million per year, based on the projected cap of $125 million. However, this is also subject to change depending on various factors, such as the league’s revenue, the collective bargaining agreement, and Edwards’ career trajectory.
- Fourth Contract: Anthony Edwards will be 33 years old when his third contract expires, assuming he signs a five-year deal in 2029. He will then be eligible for another contract, which could be worth up to 35% of the salary cap, or $43.75 million per year, based on the projected cap of $125 million. However, this is also subject to change depending on various factors, such as the league’s revenue, the collective bargaining agreement, and Edwards’ career trajectory.
- Current Contract: Anthony Edwards is currently in his fourth season of his rookie contract, which pays him $13,530,000 for the 2023-24 season. He is the second-highest paid player on the Timberwolves, behind Karl-Anthony Towns, who makes $35,500,000. Edwards is also the 11th-highest paid shooting guard in the NBA, behind players such as James Harden, Bradley Beal, and Devin Booker.
Contract Milestones and Salary Growth of Anthony Edwards:
Anthony Edwards reached his first contract milestone when he signed his rookie contract in 2020, which made him the highest-paid player in his draft class. His salary growth has been steady, increasing by 20% each year, as per the rookie scale. He is expected to reach his next contract milestone when he signs his second contract in 2024, which could make him one of the highest-paid players in the NBA, depending on the terms of the deal.
Key Seasons and Achievements of Anthony Edwards:
Anthony Edwards has had a remarkable NBA career so far, achieving several accolades and milestones. Here are some of his key seasons and achievements:
- 2020-21: Edwards had a stellar rookie season, averaging 19.3 points, 4.7 rebounds, and 2.9 assists per game. He won the NBA Rookie of the Year award, becoming the first Timberwolves player to do so since Andrew Wiggins in 2015. He also made the NBA All-Rookie First Team and was named the Western Conference Rookie of the Month three times. He scored a career-high 42 points against the Phoenix Suns on March 18, 2021, becoming the third-youngest player in NBA history to score 40 or more points in a game.
- 2021-22: Edwards improved his game in his second season, averaging 22.4 points, 5.1 rebounds, and 4.0 assists per game. He helped the Timberwolves reach the playoffs for the first time since 2018, where they lost to the Denver Nuggets in the first round. He was named the Western Conference Player of the Week twice and scored 40 or more points three times. He also participated in the NBA Slam Dunk Contest, where he finished as the runner-up to Zion Williamson.
- 2022-23: Edwards had a breakout season in his third year, averaging 25.5 points, 5.4 rebounds, and 5.2 assists per game. He led the Timberwolves to the second seed in the Western Conference and the best record in franchise history (58-24). He was selected as an NBA All-Star for the first time and was named the Western Conference Player of the Month twice. He scored a career-high 50 points against the Oklahoma City Thunder on January 14, 2023, becoming the youngest player in NBA history to score 50 or more points in a game. He also represented Team USA at the FIBA World Cup, where he averaged 18.6 points, 4.8 rebounds, and 3.6 assists per game and helped the team win the gold medal. He was named to the All-FIBA World Cup Team for his performance.
- 2023-24: Edwards is having another stellar season in his fourth year, averaging 25.5 points, 5.4 rebounds, and 5.2 assists per game as of January 29, 2024. He is the leading scorer for the Timberwolves, who are tied for the first seed in the Western Conference with the Oklahoma City Thunder (31-13). He is expected to be selected as an NBA All-Star for the second time and is a candidate for the NBA Most Improved Player award. He has scored 40 or more points four times this season, including a 48-point performance against the Utah Jazz on December 15, 2023.
Endorsement Deals and Brand Partnerships of Anthony Edwards:
Anthony Edwards signed a shoe endorsement deal with Adidas in December 2020, becoming one of the two 2020 draft members with shoe deals. He is also in the company of other basketball stars such as Trae Young, James Harden, Derrick Rose, Damian Lillard, and Donovan Mitchell who are part of the Adidas family. Edwards also has a sport talent management agency, Wasserman, that helps him with his brand partnerships and sponsorships. Some of the brands that he has worked with include Beats by Dre, BodyArmor, and Panini America.
Business Ventures and Investments of Anthony Edwards:
Anthony Edwards is not only a basketball player, but also a smart investor. He has invested in various businesses and ventures, such as the AE1, his signature sneaker line with Adidas, which debuted in December 2023 and sold out on the first day of release. He also has a stake in the Minnesota Timberwolves, as he signed a five-year extension with the team in 2024, worth $156.25 million, which includes a 15% trade kicker and a player option for the final year. He also has interests in the entertainment industry, as he has appeared in several commercials, podcasts, and shows, such as the Jimmy Kimmel Live and the NBA on TNT.
Anthony Edwards Estimated Net Worth of 2024:
According to various sources, Anthony Edwards has a net worth of around $40 million as of January 2024. He has earned his wealth from his professional basketball career and his endorsements, investments, and other sources of income. He is one of the highest-paid players in the NBA, as he makes $13.53 million for the 2023-24 season and will make $31.25 million for the 2024-25 season. He also earns from his signature shoe line, AE1, which is priced at $120 per pair. He is expected to increase his net worth in the future, as he continues to perform well on the court and off the court.
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