Jarrett Allen contract: Everything about the Cavs star’s NBA salary, wealth and more

“I feel like in the summer we all put our heads down to work hard. We all wanted to get better and then the coaching change happened and Kenny is one of the best coaches in the league and it showssaid Jarrett Allen after extending the Cleveland Cavaliers’ perfect win record to double digits (10) after beating the Warriors this season!

The hoopster, like the rest of the team, was in great shape. Allen has had four straight games with a double-double and has played in seven games so far this season. His rebounds per game have increased as he is now averaging 11.9 boards compared to 10.5 last season. These solid performances were also recognized by his head coach Kenny Atkinson.

Atkinson said: “Jarrett Allen, just like him, is kind of dominant on both ends.He praised the centre’s dominance and added: “He can guard anyone, like Kade Cunningham, LeBron, and we turn him on anyone and he just locks down,” explains how effective Jarrett Allen has become on defense for this Cavs team.

Jarrett Allen came to Cleveland from the Brooklyn Nets in 2021 and has been an integral part of the squad ever since. He is now in his fifth season with the Cavaliers and expectations have skyrocketed following their record-breaking start to the season. Let’s also look at how much the team’s starting player is making on his new contract and delve deeper into the financial side of the game.

How much does Jarrett Allen make? Looking at his 5-year contract with the Cleveland Cavaliers

Jarrett Allen signed his first contract with the Cavaliers in 2021 worth $100 million over five years. This means the 26-year-old will earn $20 million each season, including the 2024-25 season. His contract runs for one more season, 2025-26, after which his veteran extension takes effect. Earlier this year, the Cavs and Allen agreed to a three-year contract extension with a maximum value of $91 million that guarantees him $131 million over the next five seasons!

This came along with two other major offseason deals, namely Donovan Mitchell and Evan Mobley. Jarrett Allen’s new contract begins in the 2026-27 season and runs through 2029. Allen will make $28 million in the first year, followed by $30.2 million and finally $32.4 million for his final year of the extended contract.

What is Jarrett Allen’s net worth in 2024?

The Cavaliers star’s net worth in 2024 is estimated to be around $50 million. His main source of income is his NBA contract. Additionally, deals with several brands such as Tissot, Pepsi and Nike supplement his annual earnings. However, there is not much information about how much he earns from these endorsements, so it is not possible to determine an exact amount.

Did Jarrett ever make the All-Star team?

After signing his multi-year contract with the Cavaliers in 2021, Jarrett Allen became the first player since the introduction of the shot clock to make ten or more field goals without a miss in a season opener. Months later, the basketball player was named as a replacement for James Harden, the player he was traded for a year earlier on Team LeBron in the 2022 NBA All-Star Game.

To date, it is his only All-Star appearance, but that could soon change if the basketball player maintains his impressive form. He was unlucky not to make it in 2024, but next year could be his second All-Star night if he and the Cavs continue to roll past teams with ease.