Jarrett Allen Net Worth 2024 : Career, Current Salary, and more

Jarrett Allen made his name known in the NBA community with his impressive skills in the court. He is currently playing for the Cleveland Cavaliers. After being drafted by the Brooklyn Nets in 2017, Allen has forged his carrer to be one of the league's top big men. In terms of wealth, he has also earned a fair share of money in his career, here’s a look at the Cavaliers star’s career and net worth.

Jarrett Allen’s Career background

After just one season playing for the college team Texas Longhorns, Jarrett Allen declared for the 2017 NBA Draft and was selected 22nd overall by the Brooklyn Nets. He quickly signed a four-year rookie contract worth $10 million. In his first season, Allen averaged 8.2 points, 5.4 rebounds, and 1.2 blocks per game, mostly coming off the bench.

Following his rookie year, he was promoted to the starting center role, where he nearly averaged a double-double each game and became a consistent presence on defense. He earned recognition in the Defensive Player of the Year race for the next two seasons.

Allen played for the Nets until a mid-season trade in 2020-21, which sent him to the Cavaliers as part of a four-team deal that also involved the Rockets and Pacers. In his 51 games with Cleveland, Allen averaged 13.2 points, 9.9 rebounds, and 1.4 blocks.

Jarrett Allen's contract extension

After a strong performance with the Cavaliers, Reports says that it was a five-year, $100M deal with the Cavs. Also, he was expected to earn about $131 million over the next five seasons. In 2021-22, he had a career-best 16.1 points, 10.8 rebounds, and 1.3 blocks per game while shooting 68%.

Allen also made his first All-Star appearance and helped the Cavs reach the playoffs for the first time since 2018. In the 2023 playoffs, he averaged 9.4 points and 7.4 rebounds but was eliminated in the first round by the Knicks. In 2023-24, he improved his scoring to 16.5 points.

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Jarrett Allen Net Worth 2024 and current salary

Allen's net worth in 2024 is estimated to be at $50 million. Allen’s primary income comes from his NBA contract. Also, Allen has endorsement deals with brands including Tissot, Pepsi, and Nike further extends his earnings. However, details on his exact earnings from these endorsements are not fully available in the public record. As for his salary, the 26-year old reportedly gets around $20 million every season.

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