MICHAEL BEASLEY

Unsigned

Power Forward, Small Forward
Years of Service Tooltip : 12
2023-24 Year of Service Earned Tooltip : No
BORN: Jan 9, 1989
BIRTHPLACE: Cheverly, Maryland, United States
NATIONALITY:United StatesUnited States
HEIGHT:
6'9"
206cm
WEIGHT:
235lbs
107kg
AGE: 35
SHOOTS: Left
DRAFT YEAR: 2008
DRAFTED OVERALL: 2
DRAFT ROUND: 1
DRAFTED BY: MIA
AGENT DETAILS
Agent info unknown
SUMMARY

Michael Beasley is a 35 year old power forward who was born on Jan 9, 1989. He was drafted 2nd overall by the Miami Heat in the 1st round of the 2008 draft. He has signed 11 contracts worth a total value of $49,569,342. He is represented by the agents .

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Bird Rights: Non-Bird (NQVFA)

CONTRACT HISTORY

ROOKIE SCALE CONTRACT
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SIGNED BY: Randy Pfund
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Length: 2 - 4 years
Value: $20,178,147
Guaranteed: $20,156,837 (100%)
Expiry Status: RFA
AAVTooltip: $5,044,537
Cap % Tooltip: 7.35
Signing Team: Logo of the Miami HeatMIA
Signing Method: Rookie ExceptionTooltip
Signing Date: July 1, 2008
Source: SalarySwish

Michael Beasley signed a 2-4 year, $20,178,147 contract with the Miami Heat on Jul 1, 2008. The contract has a cap hit that ranges from $4,314,960 to $6,262,347.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2008-09$4,314,960$4,309,960$4,309,960$5,000$0
2009-10$4,638,600$4,633,600 (+8%)$4,633,600$5,000$0
2010-11TeamYes (Oct 20, 2009)$4,962,240$4,957,240 (+8%)$4,957,240
(0→4.96M)
$5,000$0
2011-12TeamYes (Nov 1, 2010)$6,262,347$6,256,037 (+30%)$6,256,037
(0→6.26M)
$6,310$0
TOTAL$20,178,147$20,156,837$20,156,837$21,310$0
Qualifying Offer: $4,001,918
GUARANTEED DETAILS
2010-11: $4,957,240 Team Option [Requirements Met]
2011-12: $6,256,037 Team Option [Requirements Met]
VETERAN CONTRACT
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SIGNED BY: Lance Blanks
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Length: 3 years
Value: $18,000,000
Guaranteed: $14,750,000 (82%)
Expiry Status: UFA
AAVTooltip: $6,000,000
Cap % Tooltip: 9.91
Signing Team: Logo of the Phoenix SunsPHX
Signing Method: Cap RoomTooltip
Signing Date: July 20, 2012
Source: SalarySwish

Michael Beasley signed a 3 year, $18,000,000 contract with the Phoenix Suns on Jul 20, 2012. The contract has a cap hit that ranges from $5,750,000 to $6,250,000.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2012-13$5,750,000$5,750,000$5,750,000$0$0
2013-14 W$6,000,000$6,000,000 (+4%)$6,000,000$0$0
2014-15 W$6,250,000$6,250,000 (+4%)$3,000,000$0$0
TOTAL$18,000,000$18,000,000$14,750,000$0$0
Cap Hold 2014-15: $7,800,000
GUARANTEED DETAILS
2014-15: Increase from $3,000,000 to $6,250,000 (+$3,250,000) if player is not waived before Jun 15, 2014 [Requirements Unmet]
Buyout: This contract was bought out (Logo of the Phoenix SunsPHX - Sep 3, 2013)
WAIVED: This contract was waived (Logo of the Phoenix SunsPHX - Sep 3, 2013)
DEAD CAP: This contract is a source of dead cap, refer to the Dead Cap section below for details
CAMP INVITE
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Length: 1 year
Value: $1,027,424
Guaranteed: $1,027,424 (100%)
Expiry Status: UFA
AAVTooltip: $1,027,424
Cap % Tooltip: 1.51
Signing Team: Logo of the Miami HeatMIA
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: September 11, 2013
Source: SalarySwish

Michael Beasley signed a 1 year, $1,027,424 contract with the Miami Heat on Sep 11, 2013. The contract has a cap hit of $884,293.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2013-14$884,293$1,027,424$1,027,424$0$0
TOTAL$884,293$1,027,424$1,027,424$0$0
Cap Hold 2014-15: $915,243
CAMP INVITE
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SIGNED BY: Chris Wallace
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Length: 1 year
Value: $1,145,685
Guaranteed: $0 (0%)
Expiry Status: UFA
AAVTooltip: $1,145,685
Cap % Tooltip: 1.45
Signing Team: Logo of the Memphis GrizzliesMEM
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: September 24, 2014
Source: SalarySwish

Michael Beasley signed a 1 year, $1,145,685 contract with the Memphis Grizzlies on Sep 24, 2014. The contract has a cap hit of $915,243.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2014-15 W$915,243$1,145,685$0$0$0
TOTAL$915,243$1,145,685$0$0$0
Cap Hold 2015-16: $947,276
GUARANTEED DETAILS
2014-15: Increase from $0 to $1,145,685 (+$1,145,685) if player is not waived [Requirements Unmet]
WAIVED: This contract was waived (Logo of the Memphis GrizzliesMEM - Oct 9, 2014)
10-DAY CONTRACT
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SIGNED BY: Andy Elisburg
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Length: 1 year
Value: $67,393
Guaranteed: $67,393 (100%)
Expiry Status: UFA
AAVTooltip: $67,393
Cap % Tooltip: 0.09
Signing Team: Logo of the Miami HeatMIA
Signing Method: 10-Day (Expires: Mar 18, 2015)Tooltip
Signing Date: March 8, 2015
Source: SalarySwish

Michael Beasley signed a 1 year, $67,393 contract with the Miami Heat on Mar 8, 2015. The contract has a cap hit of $53,838.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2014-15$53,838$67,393$67,393$0$0
TOTAL$53,838$67,393$67,393$0$0
CONTRACT EXPIRES: Mar 18, 2015
10-DAY CONTRACT
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SIGNED BY: Andy Elisburg
BIRD RIGHTS: Bird Rights Calculator Icon
Length: 1 year
Value: $67,393
Guaranteed: $67,393 (100%)
Expiry Status: UFA
AAVTooltip: $67,393
Cap % Tooltip: 0.09
Signing Team: Logo of the Miami HeatMIA
Signing Method: 10-Day (Expires: Mar 18, 2015)Tooltip
Signing Date: March 8, 2015
Source: SalarySwish

Michael Beasley signed a 1 year, $67,393 contract with the Miami Heat on Mar 8, 2015. The contract has a cap hit of $53,838.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2014-15$53,838$67,393$67,393$0$0
TOTAL$53,838$67,393$67,393$0$0
CONTRACT EXPIRES: Mar 18, 2015
VETERAN CONTRACT (REST OF SEASON)
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SIGNED BY: Andy Elisburg
BIRD RIGHTS: Bird Rights Calculator Icon
Length: 1 - 2 years
Value: $1,466,404
Guaranteed: $195,440 (13%)
Expiry Status: UFA
AAVTooltip: $733,202
Cap % Tooltip: 0.31
Signing Team: Logo of the Miami HeatMIA
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: March 18, 2015
Source: SalarySwish

Michael Beasley signed a 1-2 year, $1,466,404 contract with the Miami Heat on Mar 18, 2015. The contract has a cap hit that ranges from $195,440 to $1,270,964.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2014-15$195,440$195,440$195,440$0$0
2015-16TeamNo (Jun 28, 2015)$1,270,964$1,270,964 (+550%)$0$0$0
TOTAL$1,466,404$1,466,404$195,440$0$0
Cap Hold 2015-16: $947,276
GUARANTEED DETAILS
2015-16: $1,270,964 Team Option [Requirements Unmet]
VETERAN CONTRACT (REST OF SEASON)
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SIGNED BY: Daryl Morey
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Length: 2 years
Value: $1,710,138
Guaranteed: $1,710,138 (100%)
Expiry Status: UFA
AAVTooltip: $855,069
Cap % Tooltip: 0.44
Signing Team: Logo of the Houston RocketsHOU
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: March 7, 2016
Source: SalarySwish

Michael Beasley signed a 2 year, $1,710,138 contract with the Houston Rockets on Mar 7, 2016. The contract has a cap hit that ranges from $306,527 to $1,403,611.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2015-16$306,527$306,527$306,527
(0→307k)
$0$0
2016-17$1,403,611$1,403,611 (+358%)$1,403,611
(0→1.40M)
$0$0
TOTAL$1,710,138$1,710,138$1,710,138$0$0
Cap Hold 2017-18: $1,471,382
GUARANTEED DETAILS
2015-16: Increase from $0 to $306,527 (+$306,527) if player is not waived [Requirements Met]
2016-17: Increase from $0 to $1,403,611 (+$1,403,611) if player is not waived before Aug 1, 2016 [Requirements Met]
VETERAN CONTRACT
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SIGNED BY: Scott Perry
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Length: 1 year
Value: $2,116,955
Guaranteed: $2,116,955 (100%)
Expiry Status: UFA
AAVTooltip: $2,116,955
Cap % Tooltip: 1.48
Signing Team: Logo of the New York KnicksNYK
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: August 8, 2017
Source: SalarySwish

Michael Beasley signed a 1 year, $2,116,955 contract with the New York Knicks on Aug 8, 2017. The contract has a cap hit of $1,471,382.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2017-18$1,471,382$2,116,955$2,116,955$0$0
TOTAL$1,471,382$2,116,955$2,116,955$0$0
Cap Hold 2018-19: $1,512,601
VETERAN CONTRACT
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SIGNED BY: Magic Johnson
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $3,500,000
Guaranteed: $3,500,000 (100%)
Expiry Status: UFA (Waived)
AAVTooltip: $3,500,000
Cap % Tooltip: 3.44
Signing Team: Logo of the Los Angeles LakersLAL
Signing Method: Room-MLETooltip
Signing Date: July 23, 2018
Source: SalarySwish

Michael Beasley signed a 1 year, $3,500,000 contract with the Los Angeles Lakers on Jul 23, 2018. The contract has a cap hit of $3,500,000.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2018-19 W$3,500,000$3,500,000$3,500,000$0$0
TOTAL$3,500,000$3,500,000$3,500,000$0$0
Cap Hold 2019-20: $4,200,000
WAIVED: This contract was waived (Logo of the LA ClippersLAC - Feb 9, 2019)
DEAD CAP: This contract is a source of dead cap, refer to the Dead Cap section below for details
VETERAN CONTRACT (REST OF SEASON)
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SIGNED BY: Sean Marks
BIRD RIGHTS: Bird Rights Calculator IconBird Rights Calculator Icon
Length: 1 year
Value: $289,803
Guaranteed: $289,803 (100%)
Expiry Status: UFA
AAVTooltip: $289,803
Cap % Tooltip: 0.27
Signing Team: Logo of the Brooklyn NetsBKN
Signing Method: Minimum Salary ExceptionTooltip
Signing Date: July 9, 2020
Source: SalarySwish

Michael Beasley signed a 1 year, $289,803 contract with the Brooklyn Nets on Jul 9, 2020. The contract has a cap hit of $289,803.

SeasonOptionOption UsedCap Hit TooltipBase Salary TooltipGuaranteed TooltipLikely Inctv. TooltipUnlikely Inctv. Tooltip
2019-20$289,803$289,803$289,803$0$0
TOTAL$289,803$289,803$289,803$0$0
Cap Hold 2020-21: $1,620,564
VOIDED: This contract was voided (Logo of the Brooklyn NetsBKN - Jul 16, 2020)

DEAD CAP

TYPE: BUYOUT
TEAM: Logo of the Phoenix SunsPhoenix Suns
LENGTH: 4 YEARS
VALUE: $6,841,433
DATE: September 3, 2013
SEASONBASE SALARYCAP HIT
2013-14$4,609,641$4,609,641
2014-15$777,778$777,778
2015-16$777,778$777,778
2016-17$676,236$676,236
Note: Bought out by Phoenix Suns
TYPE: WAIVERS
TEAM: Logo of the LA ClippersLA Clippers
LENGTH: 1 YEAR
VALUE: $3,500,000
DATE: February 9, 2019
SEASONBASE SALARYCAP HIT
2018-19$3,500,000$3,500,000
Note: Waived by LA Clippers

SALARY PROGRESSION