Contract Breakdowns

Patrick Beverley Contract and Salary Cap Details

Contract Breakdowns

Patrick Beverley has agreed to a one-year, $13 million contract extension with the Minnesota Timberwolves. The deal includes a $3 million signing bonus and a $10 million roster bonus.

Salary Cap Details

Beverley's salary for the 2023-24 season will be $13 million. He has no dead money on his contract.

Valuations

According to Spotrac, Beverley's market value is $16.2 million per year. His contract with the Timberwolves represents a slight discount, but it is still a fair deal for both sides.

Patrick Beverley Stats

Beverley is a 34-year-old point guard who has played in the NBA for 10 seasons. He is a career 40.1% shooter from the field and 38.6% shooter from three-point range.

In the 2022-23 season, Beverley averaged 9.2 points, 4.1 rebounds, and 4.6 assists per game for the Timberwolves. He also led the league in steals with 2.1 per game.

Patrick Beverley Future

Beverley's contract with the Timberwolves expires after the 2023-24 season. He will be an unrestricted free agent at that time.

There is speculation that Beverley may consider playing overseas in 2024-25. The veteran's minimum salary for Beverley would be $3.3 million per Spotrac.