Desmond Bane Net Worth: Breaking Down Contract, Endorsement, and More

Desmond Bane is one of the promising shooting guards from the Memphis Grizzlies who is a potential star prospect in the future. Currently in the 2024-25 season, he tallied 19.2 points, 6.1 rebounds, and 5.3 assists per game, along with 39.2 percent beyond the perimeter shooting. Early on in his career, Bane was selected as the 30th overall pick from the 2020 Draft Class by the Boston Celtics. However, he was traded to the Memphis Grizzlies as part of the three-team trade on November 20, 2020.

Last year, 2023-24 was the best season that Desmond delivered for the Grizzlies squad on the court, tallying about 23.7 points, 4.4 rebounds, and 5.5 assists per game. Since then, Bane has been in the headlines, attracting the fan base for the Grizzlies. Due to his breakout performances in the league, Desmond Bane has also become a candidate for big contracts, and he did the same in 2023. It has added greatly to his monetary value online as well as his marketability. So let's explore the financial value of Bane.

Desmond Bane Net Worth in 2025

Desmond Bane’s net worth is estimated to be $25 million, and it has received a major boost since his 2023 net worth was about $11 million. However, he bagged a hefty contract extension for five years and his net worth witnessed a surge in his net worth.

But it is not only about the NBA salaries that add to Desmond Bane's net worth. Rather, he has also secured endorsement and sponsorship deals with the brands to maintain his presence off the court. It had boosted his marketability, and that's why he has accumulated a whopping net worth in such a short amount of time in the league.

Desmond Bane Salary

Currently, Desmond Bane is on a five-year $197.23 million rookie-scale contract extension with the Memphis Grizzlies that he signed on July 8, 2023. According to the contract, he will receive $34 million in the first year of his rookie-scale extension. Before that, he signed a rookie contract that did not have a salary above $5 million.

Desmond Bane Salary Breakdown

According to the Spotrac data, Desmond Bane has earned the following figures in his five years spent at the Grizzlies locker room in the NBA. The tabular data revealing the salary breakdown of Bane also contains the figures that the shooting guard is set to earn in the upcoming years, according to his present max rookie scale extension.

Desmond Bane Contract

In July 2023, Desmond Bane signed a five-year, $197 million max contract extension with the Memphis Grizzlies. He received the first monetary compensation under this contract starting from the ongoing 2024–25 season. The contract was so significant for the Grizzlies star that it made Bane the highest-paid NBA player in the franchise history at the time of signing.

• Contract Length: 5 years

• Total Value: $197 million

• Annual Average: $39.4 million

• Fully Guaranteed: Yes

• No Player or Team Option

• No Trade Clause: Not included

• Base Salary: $34 million

The contract proved that the Grizzlies' front office had set up their trust in Desmond in the hope of a longer partnership and built their roster around the shooting guard in case Ja Morant is not there to support the team.

Desmond Bane Endorsements and Sponsorships

Desmond Bane’s NBA profile has gained attention, and it has opened the gates of endorsement opportunities for the athlete. That's why he has started to ink a deal with the brand in the health and fitness category, along with the traditional shoe and apparel industry, for basketball athletes. Here are the major brands that Bane has secured deals with in his career so far in the NBA while playing for the Memphis Grizzlies.

Nike

Desmond Bane inked a deal with Nike after entering the league as a rookie for a shoe endorsement deal. However, it is worth noting that he is not a signature shoe signing for the shoe and apparel brand. Rather, he just dons the LeBron James or Kyrie's Nike line on the hardcourt. There is no official declaration, but his association with the brand is expected to pay him $500,000 to $1 million per annum.

Naturade

Desmond signed an endorsement deal with plant-based protein powders and shake brand known as Naturade in 2022. The star athlete said on joining the brand initiative, "As a professional athlete, I understand the importance of taking care of my body. I am always looking for ways to fuel my body to ensure I have the energy I need to succeed on the court. I’m excited about this partnership with Naturade. I’ve enjoyed the protein options, which can be used for smoothies in the morning.”

That's why under this deal, Bane features in the brand's promotions and ads across different media platforms. Notably, legends like Magic Johnson and Grant Hill are also the brand ambassadors for this brand.

Desmond Bane Investments

Desmond Bane is a new lad in the National Basketball Association, and he is still focused on improving his performance and earning large chunks of money on the court through the NBA franchises. So, it might be safe to assume that he is not so keen on investment at the present point of time in his life. Also, that does not mean Desmond Bane does not want to invest, it's just that there is no credible source confirming Bane's presence in the investment market.

But considering Coinbase is a sponsor of the NBA, he might have built interest or invested a bit of money in cryptocurrencies like Bitcoin, Dogecoin, among others.

Desmond Bane Assets

Desmond Bane lives a relatively private lifestyle, but his assets reflect the success and financial boost he's enjoyed since entering the league and especially after his contract extension.

Car Collection

Desmond Bane does not showcase his assets and keeps a low profile. That's why he has not been seen driving luxury cars in public. Moreover, none of his social media posts have the images of any vehicles he may own. Since he is still thriving in the NBA during his early years as a Grizzlies star, he is expected to have nice cars, but he chooses to keep that aspect of his life private.

Properties

Desmond Bane has a house under his possession in Collierville, as per the Shelby County property records. Records show that he paid $500,000 for the home in the Halle Plantation development in December 2021, after signing his rookie contract with the Grizzlies. Coming up to the location, it is just outside the Memphis locality. Also, the property features a five-bedroom setup along with a swimming pool and other basic amenities.