American professional basketball player Caleb Martin net worth is estimated at $8 million. His biggest NBA contract is a four-year deal worth $35.04 million. He signed it with the Philadelphia 76ers on July 6, 2024. It’s the highest guaranteed amount he’s received in his career.
In 2024, Caleb Martin turned down a 5-year, $65 million offer from the Miami Heat—where he’d previously signed a 3-year, $20.4 million deal in 2022 after strong playoff performances. Surprisingly, he accepted a 4-year, $32 million deal with Philadelphia instead, taking a $33 million pay cut for one fewer year.
Caleb Martin Bio
| Field | Details |
|---|---|
| First Name | Caleb |
| Last Name | Martin |
| Full Name | Caleb Martin |
| Date of Birth | September 28, 1995 |
| Age | 29 (as of April 10, 2025) |
| Birth Place | Winston-Salem, North Carolina, USA |
| Residence | Not publicly available |
| Country | United States |
| Profession | Professional Basketball Player |
| Education | NC State University (2014–2016), University of Nevada (2016–2018) |
| Father | Not publicly available |
| Mother | Jenny Bennett |
| Nationality | American |
| Siblings | Cody Martin (twin brother), Raheem Martin (older brother) |
| Brother | Cody Martin (twin, also an NBA player) |
| Religion | Not publicly available |
| Spouse | Not publicly available (no evidence of marriage as of 2025) |
| Horoscope | Libra (based on September 28 birthday) |
| Weight | 205 lbs (93 kg) |
| Height | 6 ft 5 in (1.96 m) |
| Net Worth | Estimated $8 million |
| Category | Sports |
| Current Team | Dallas Mavericks |
| Position | Small Forward |
| Jersey Number | 16 (with Mavericks as of 2025; previously 16 with Heat, 10 with Hornets) |
| Years Active | 2019–present (5 years as of 2025) |
| Draft | Undrafted |
| Drafted By | N/A (Signed as an undrafted free agent by Charlotte Hornets) |
| Previous Teams | Charlotte Hornets (2019–2021), Miami Heat (2021–2024), Philadelphia 76ers (2024–2025) |
| Awards | Mountain West Conference Player of the Year (2017–18), Eastern Conference Finals MVP runner-up (2023) |
| 224K followers (@caleb_martin10) |
Career Highlights
Caleb Martin started playing basketball with his twin brother, Cody. He played college ball at NC State and then Nevada, where he was named Mountain West Player of the Year in 2017–18. Martin wasn’t picked in the 2019 NBA Draft, but he didn’t give up. He signed a two-way deal with the Charlotte Hornets and began his pro career.
Caleb Martin found his stride with the Miami Heat after signing a 3-year, $20.4 million deal in 2021. His strong play in the 2022-23 season, especially during Miami’s NBA Finals run, proved he was a reliable two-way forward.
In July 2024, he landed a bigger 4-year, $40.3 million contract with the Philadelphia 76ers. But by February 2025, he was traded to the Dallas Mavericks for Quentin Grimes and a 2025 second-round pick.
Now teaming up with Luka Dončić, Martin has a chance to take his game even higher.
Salary and Contracts
Caleb Martin’s money mostly comes from his NBA contracts. He signed his current deal with the Philadelphia 76ers on July 6, 2024, but the Dallas Mavericks now hold it. It’s a 4-year contract worth $40.3 million, with $35 million guaranteed. For the 2024–25 season, he’s making a base salary of $8.15 million. His cap hit is $9.19 million, and he could earn another $1.22 million in bonuses, according to SalarySwish.
Caleb Martin is finalizing a deal with the Sixers, per @wojespn pic.twitter.com/UDNNY3VbGE
— NBA TV (@NBATV) July 6, 2024
Caleb Martin’s salary will increase next season, with a projected cap hit of $9.6 million in 2025-26. By 2027-28, he will have made over $40 million from this contract alone. That doesn’t include his previous $20.4 million deal with Miami or earlier earnings. Turning down a $7.1 million player option with the Heat in 2024 was a smart move—he secured a bigger paycheck and long-term security by signing with Philadelphia (now Dallas).
Caleb Martin Net Worth
Caleb Martin net worth is currently estimated at $8 million (as per caknowledge.net), but this number may be low. His $8.15 million salary for 2024-25 alone suggests his real wealth could be higher. Net worth includes all assets—salaries, investments, endorsements—minus debts. With his current earnings, he could easily surpass $10 million by the end of 2025. However, few verified updates go beyond the $8 million estimate.
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Endorsements Deals
As an established NBA player—especially after his strong 2023 Finals performance—he may have deals with brands like Nike or Adidas, or local sponsors. Reports estimate his monthly income at over $90,000 and yearly earnings above $1 million, likely combining his salary and sponsorships. But without official confirmation, these numbers are just educated guesses.
Personal Life
Caleb Martin grew up in a tight-knit family. His mother, Jenny Bennett, raised him and his two brothers—older sibling Raheem and twin Cody—as a single parent. She worked multiple jobs to support them, often sacrificing her own needs. Caleb and Cody, now an NBA player for the Charlotte Hornets, have always been close. They played basketball together at Oak Hill Academy and the University of Nevada. Caleb credits his mother as his “hero” for her relentless dedication to their dreams.
Caleb Martin isn’t married and keeps his dating life private. Despite occasional rumors, he hasn’t confirmed any current relationships. His focus remains on basketball and family—he often shares moments with his mother and brothers, especially twin Cody Martin, on social media.
Conclusion
Caleb Martin has built an impressive NBA career. After going undrafted, he earned a $40 million contract with the Dallas Mavericks. His estimated net worth in 2025 is $8 million, fueled by his salary, past earnings, and likely endorsement deals.
FAQs About Caleb Martin Net Worth
As of 2024, Caleb Martin is on a 4-year, $40.3 million contract.
As of 2025, Caleb Martin’s estimated net worth is around $8 million.
Caleb Martin reportedly declined a 5-year, $65 million offer from the Heat after a strong playoff run in 2023.