What is Caleb Martin contract worth? The full details explained

The Dallas Mavericks’ small forward Caleb Martin is under a four-year contract he signed with the Philadelphia 76ers on 6 July 2024. Caleb Martin’s contract is worth $35,040,704 guaranteed, with an average annual salary of $8,760,176.

Caleb Martin at FTX Arena in Miami, Florida (L). Caleb Martin at 76ers Training Complex in Camden, New Jersey (R). Photo: Eric Espada, Mitchell Leff (modified by author)
Source: Getty Images

TABLE OF CONTENTS

Key takeaways

  • Caleb Martin’s most recent contract with the Dallas Mavericks is part of the 4-year deal originally signed with the Philadelphia 76ers.
  • He signed the contract during the 2024 offseason, which includes over $32 million in guaranteed compensation and can reach up to $40 million with bonuses.
  • Caleb was traded to the Dallas Mavericks from the Philadelphia 76ers on 4 February 2025
  • He turned down a larger, five-year, $65 million offer to stay with his former team, the Miami Heat.

Profile summary

Full name Caleb Martin
Gender Male
Date of birth 28 September 1995
Age 29 years old (as of 2025)
Place of birth Winston-Salem, North Carolina, United States
Current residence Dallas, Texas
Nationality American
Ethnicity Mixed
Religion Christianity
Height in inches 6’5”
Height in centimetres 196
Weight in pounds 205
Weight in kilograms 93
Hair colour Black
Eye colour Brown
Father Chris Martin
Mother Jenny Bennett
Siblings 2
Relationship status Single
School Davie County High School, Oak Hill Academy (Virginia)
University NC State University, University of Nevada
Profession Professional basketball player
Instagram @caleb_martin10

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A closer look at Caleb Martin’s contract details

According to Spotrac, Martin signed a 4-year, $35,040,704 contract with the Miami Heat in the offseason of the 2024-25 NBA season, including $35,040,704 in guaranteed salary, and an average annual salary of $8,760,176.

He was traded from the Philadelphia 76ers to the Dallas Mavericks in February 2025.

Caleb Martin at American Airlines Center in Dallas, Texas.
Caleb Martin at American Airlines Center on 31 March 2025 in Dallas, Texas. Photo: Sam Hodde
Source: Getty Images

His contract includes a 15% trade bonus, which was triggered by his trade from the 76ers to the Mavericks in April 2025. He has a player option for the 2027-28 season. Here are the details of his contract with the Dallas Mavericks.

Season Base salary Guaranteed Cap hit
2024-25 $8,149,001 $8,149,001 $9,186,594
2025-26 $8,556,451 $8,556,451 $9,594,044
2026-27 $8,963,901 $8,963,901 $10,001,494
2027-28 $9,371,351 $9,371,351 $9,371,351

In the 2024-25 season, Martin earned a base salary of $8,149,001 with a cap hit of $9,186,594. The NBA player reportedly turned down a five-year, $65 million extension offer from the Miami Heat before signing with the 76ers.

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Caleb Martin’s career earnings

The professional basketball player has accumulated significant earnings throughout his career, playing for numerous basketball teams, including the Charlotte Hornets, Miami Heat, Philadelphia 76ers, and currently the Dallas Mavericks. He has earned $25,728,846 in his NBA career as of the 2024-25 NBA season.

This figure accounts for all his contracts since entering the league in 2019. Here is a breakdown of his salaries by season and team:

Season Team Salary
2019-20 Charlotte Hornets $842,166
2020-21 Charlotte Hornets $1,517,981
2021-22 Miami Heat $527,615 (TW)
2022-23 Miami Heat $6,479,000
2023-24 Miami Heat $6,802,950
2024-25 Dallas Mavericks $9,186,594
Caleb Martin handles the ball against Cam Spencer at FedExForum
Caleb Martin handles the ball against Cam Spencer during the first half at FedExForum on April 13, 2025 in Memphis, Tennessee. Photo: Justin Ford
Source: Getty Images

FAQs

  1. Who is Caleb Martin? He is an American professional basketball player for the Dallas Mavericks of the NBA.
  2. Where is Caleb Martin from? The NBA player was born in Winston-Salem, North Carolina, United States.
  3. How old is Caleb Martin? Caleb is 29 years old as of 2025. He was born on 28 September 1995.
  4. What is Caleb Martin’s new contract? The American NBA star signed a four-year, $35 million contract with the Philadelphia 76ers during the 2024 offseason.
  5. When did Caleb Martin get traded? He was traded to the Dallas Mavericks from the Philadelphia 76ers on 4 February 2025.
  6. What is Caleb Martin’s position? Caleb’s primary position in the NBA is as a small forward.
  7. What is Caleb Martin’s salary? Caleb’s base salary for the 2025-2026 NBA season with the Dallas Mavericks is $8,556,451. His cap hit for the same season is $9,594,044.
  8. When will Caleb Martin be a free agent? Caleb Martin is expected to be a free agent in the 2028 offseason.

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Caleb Martin’s contract history highlights his rising value in the NBA. His trade to the Dallas Mavericks in 2025 shows that teams see him as a valuable asset, reflecting both his performance and potential in the league.

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Proofreading by Kola Muhammed, copy editor at Legit.ng.

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