CHUMA OKEKE

Logo of the New York KnicksNew York Knicks

Chuma Okeke headshot
Power Forward

Salary: $2,237,691

Cap Hit: $2,087,519

Years of Service Tooltip : 4
2024-25 Year of Service Earned Tooltip : No
BORN: Aug 18, 1998
BIRTHPLACE: Atlanta, Georgia, United States
NATIONALITY:United StatesUnited States
HEIGHT:
6'8"
203cm
WEIGHT:
229lbs
104kg
AGE: 26
SHOOTS: Right
DRAFT YEAR: 2019
DRAFTED OVERALL: 16
DRAFT ROUND: 1
DRAFTED BY: ORL
AGENT DETAILS
Primary Agent:Austin Brown
Secondary Agent:Dave Spahn
Secondary Agent:Steve Heumann
Secondary Agent:Richard Beda
SUMMARY

Chuma Okeke's salary is $2,237,691 for the 2024-25 season. He is a 26 year old power forward who was born on Aug 18, 1998. He was drafted 16th overall by the Orlando Magic in the 1st round of the 2019 draft. He has signed 3 contracts worth a total value of $19,573,575. He will be a UFA at the end of the 2024-25 season when he is 26 years old. He is represented by the agents Austin Brown, Dave Spahn, Steve Heumann and Richard Beda of CAA Basketball.

Bird Rights Calculator Icon
Bird Rights: Non-Bird (NQVFA)

CURRENT CONTRACT

EXHIBIT 10
Comparable ContractsCOMPARE THIS CONTRACT
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $2,237,691
Guaranteed: $0 (0%)
Expiry Status: UFA
AAVTooltip: $2,237,691
Cap % Tooltip: 2.00
Signing Team: Logo of the New York KnicksNYK
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: October 2, 2024
Source: @NY_KnicksPR

Chuma Okeke signed a 1 year, $2,237,691 contract with the New York Knicks on Oct 2, 2024. The contract has a cap hit of $2,087,519.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2024-25$2,087,519$2,237,691$0$0$0
TOTAL$2,087,519$2,237,691$0$0$0
Cap Hold 2025-26: $2,296,271
GUARANTEED DETAILS
2024-25: Increase from $0 to $2,237,691 (+$2,237,691) if player is not waived before Jan 10 [Decision Pending]
Unconfirmed Information UNCONFIRMED: Contract based on initial report. Once the details have been confirmed the contract will be updated

CONTRACT HISTORY

ROOKIE SCALE CONTRACT
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: John Hammond
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 2 - 4 years
Value: $15,098,193
Guaranteed: $14,998,193 (99%)
Expiry Status: UFA (No QO)
AAVTooltip: $3,774,548
Cap % Tooltip: 3.00
Signing Team: Logo of the Orlando MagicORL
Signing Method: Rookie ExceptionTooltip
Signing Date: November 16, 2020
Source: SalarySwish

Chuma Okeke signed a 2-4 year, $15,098,193 contract with the Orlando Magic on Nov 16, 2020. The contract has a cap hit that ranges from $3,121,080 to $5,266,713.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2020-21$3,121,080$3,121,080$3,121,080$0$0
2021-22$3,277,080$3,177,080 (+2%)$3,177,080$100,000$0
2022-23TeamYes (Oct 5, 2021)$3,433,320$3,433,320 (+8%)$3,433,320
(0→3.43M)
$0$0
2023-24TeamYes (Oct 28, 2022)$5,266,713$5,266,713 (+59%)$5,266,713
(0→5.27M)
$0$0
TOTAL$15,098,193$14,998,193$14,998,193$100,000$0
Qualifying Offer: $7,399,732
Cap Hold 2024-25: $15,800,139 (Renounced Jul 6, 2024 by ORL)
GUARANTEED DETAILS
2022-23: $3,433,320 Team Option [Requirements Met]
2023-24: $5,266,713 Team Option [Requirements Met]
QUALIFYING OFFER DECLINED: Logo of the Orlando MagicORL on Jun 29, 2024
CONTRACT NOTE: Likely Incentives: Summer League and Summer Conditioning
EXHIBIT 10
Comparable ContractsCOMPARE THIS CONTRACT
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $2,237,691
Guaranteed: $0 (0%)
Expiry Status: UFA (Waived)
AAVTooltip: $2,237,691
Cap % Tooltip: 2.00
Signing Team: Logo of the New York KnicksNYK
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: August 1, 2024
Source: SalarySwish

Chuma Okeke signed a 1 year, $2,237,691 contract with the New York Knicks on Aug 1, 2024. The contract has a cap hit of $2,087,519.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2024-25 W$2,087,519$2,237,691$0$0$0
TOTAL$2,087,519$2,237,691$0$0$0
Cap Hold 2025-26: $2,296,271
GUARANTEED DETAILS
2024-25: Increase from $0 to $2,237,691 (+$2,237,691) if player is not waived before Jan 10 [Requirements Unmet]
WAIVED: This contract was waived (Logo of the New York KnicksNYK - Sep 28, 2024)

SALARY PROGRESSION

CAREER STATS

Stats Powered by Sportradar
SeasonTypeTeamGPGSMINPTSFGMFGAFG%3PM3PA3P%FTMFTAFT%OREBDREBREBASTSTLBLK
2020-21RegularLogo of the Orlando MagicOrlando Magic4519113334932413541.71414934.8403075.0421391811014822
2021-22RegularLogo of the Orlando MagicOrlando Magic7020174960557521637.637111831.8655584.6473003471189742
2022-23RegularLogo of the Orlando MagicOrlando Magic2785181281224335.2862630.2211676.2267096371911
2023-24RegularLogo of the Orlando MagicOrlando Magic4784321071124035.7822328.07457.11862802097
PlayoffsLogo of the Orlando MagicOrlando Magic201063266.72150.011100.0000100
2020-21RegularLogo of the Orlando MagicOrlando Magic451925.27.83.07.241.71.13.134.80.70.975.00.93.14.02.21.10.5
2021-22RegularLogo of the Orlando MagicOrlando Magic702025.08.63.18.237.61.75.331.80.80.984.60.74.35.01.71.40.6
2022-23RegularLogo of the Orlando MagicOrlando Magic27819.24.71.64.535.21.03.230.20.60.876.21.02.63.61.40.70.4
2023-24RegularLogo of the Orlando MagicOrlando Magic4789.22.30.92.435.70.51.728.00.10.257.10.41.31.70.40.20.2
PlayoffsLogo of the Orlando MagicOrlando Magic205.03.01.01.566.70.51.050.00.50.5100.00.00.00.00.50.00.0