Lindy Waters III

San Antonio Spurs, Small Forward
Age: 28y-7m-8d (Jul 28, 1997)
Exp: 4 Years
Country: US
College: Oklahoma State
Agent(s): Herb Rudoy
2025-26 Cap Hit

$2,296,274

2025-26 Cash

$2,673,836

Career Earnings

$7,616,294

2025-2025 Free Agent (CURRENT)

Lindy Waters III signed a 1 year, $2,461,463 contract with the San Antonio Spurs, including $500,000 guaranteed, and an average annual salary of $2,461,463. In 2025-26, Waters III will earn a base salary of $2,461,463, while carrying a cap hit of $2,296,274 and a dead cap value of $500,000.
Contract Terms:
1 yr(s) / $2,461,463
Average Salary:
$2,461,463
GTD at Sign:
$500,000
Total GTD:
$500,000
Signed Using:
Minimum
Free Agent:
2026 / UFA
Year Age Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2025-26 28 $2,296,274 1.48% $2,296,274 $2,296,274 1.22% $2,461,463 $500,000 $2,461,463
2026-27 29
UFA
Year Age Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Luxury Tax
2025-26 28 $2,461,463 - - $2,296,274 1.48% $2,296,274
2026-27 29
UFA
Year Age Base Salary Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2025-26 28 $2,461,463 $2,461,463 $2,461,463 $2,461,463 $2,461,463 $2,461,463
Contract Notes

  • 2025-26: $500,000 guaranteed, fully guaranteed. 1/10/26

Source: Spotrac

2023-2024 rest-of-season

Contract Terms:
2 yr(s) / $2,963,065
Average Salary:
$1,481,533
GTD at Sign:
Total GTD:
$2,963,065
Signed Using:
Minimum
Free Agent:
2025 / UFA
Spotrac Premium Tools
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2023-2023 two-way

Contract Terms:
1 yr(s)
GTD at Sign:
Total GTD:
Signed Using:
Free Agent:
2024 / RFA
Spotrac Premium Tools
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2022-2023 rest-of-season

Contract Terms:
2 yr(s) / $6,289,504
Average Salary:
$3,144,752
GTD at Sign:
$1,927,896
Total GTD:
$1,927,896
Signed Using:
non-taxpayer-mid-level-exception
Free Agent:
2024 / UFA
Spotrac Premium Tools
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2021-2022 two-way

Contract Terms:
2 yr(s)
GTD at Sign:
Total GTD:
Signed Using:
Free Agent:
2023 / RFA
Spotrac Premium Tools
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Seasons

4 Years

Career Earnings thru 2025

$7,616,294

Earnings w/ Different Teams

4 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2022 25
Active
$1,927,896
$1,927,896
2023 26
Active
$766,095
$2,693,991
2024 27
Active / Club Exercised
NBA Cup
Retained
$833,333
$51,497
$1,363,637
$3,527,324
$3,578,821
$4,942,458
2025 28
Active
NBA Cup
$2,461,463
$212,373
$7,403,921
$7,616,294
Total      
$7,616,294
$7,403,921
$7,616,294
Total
$7,616,294
* denotes prorated cash total due to lockout season

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $2,693,991 - - $2,693,991
1 $833,333 - - $833,333
1 $1,415,134 - - $1,415,134
1 $2,673,836 - - $2,673,836
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2022
25
$1,927,896
$1,927,896
$1,927,896
2023
26
$766,095
$766,095
$2,693,991
2024
27
$833,333
$51,497
$1,363,637
$833,333
$51,497
$1,363,637
$3,527,324
$3,578,821
$4,942,458
2025
28
$2,461,463
$212,373
$2,461,463
$212,373
$7,403,921
$7,616,294
Total
$7,616,294
$7,616,294
$7,403,921
$7,616,294
Total
$7,616,294
$7,616,294

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $2,693,991 - - $2,693,991
1 $833,333 - - $833,333
1 $1,415,134 - - $1,415,134
1 $2,673,836 - - $2,673,836

Injuries

Year Dates Games Missed Reason
2025-26 SAS Feb 19, 2026 - Feb 21, 2026 2 Knee
2025-26 SAS Feb 04, 2026 - Feb 11, 2026 5 Knee
2025-26 SAS Oct 22, 2025 - Nov 02, 2025 6 Eye
2023-24 OKC Jan 13, 2024 - Jan 15, 2024 1 Illness
  • Jul 24, 2025 Signed a 1 year $2.46 million contract with San Antonio (SAS)
  • Feb 06, 2025 Traded to Detroit (DET) from Golden State (GSW) as part of a 5-team trade: Detroit (DET) traded Kenyon Martin Jr. and 2028 2nd round pick to Utah (UTA); Golden State (GSW) traded Dennis Schröder and 2031 2nd round pick to Detroit (DET); Golden State (GSW) traded Andrew Wiggins, Kyle Anderson and 2025 1st round pick to Miami (MIA); Miami (MIA) traded Jimmy Butler to Golden State (GSW); Miami (MIA) traded 2026 2nd round pick and cash to Toronto (TOR); Miami (MIA) traded Josh Richardson, 2031 2nd round pick and cash to Utah (UTA); Toronto (TOR) traded Davion Mitchell to Miami (MIA); Utah (UTA) traded P.J. Tucker to Toronto (TOR)
  • Jun 27, 2024 Traded to Golden State (GSW) from Oklahoma City (OKC) for Quinten Post
  • Jun 27, 2024 Oklahoma City (OKC) exercised $2.20 million Club Option for 2024-25
  • Feb 09, 2024 Oklahoma City (OKC) terminated Two-Way contract
  • Feb 09, 2024 Signed a 2 year $6.29 million Rest-of-Season contract with Oklahoma City (OKC) - includes 2023-24 Club Option
  • Aug 18, 2023 Signed a Two-Way contract with Oklahoma City (OKC)
  • Jul 06, 2023 Oklahoma City (OKC) renounced their free-agent exception rights
  • Jun 29, 2023 Oklahoma City (OKC) declined an $1.93 million option for 2023-24
  • Feb 27, 2023 Oklahoma City (OKC) terminated Two-Way contract
  • Feb 10, 2022 Signed a 2 year Two-Way contract with Oklahoma City (OKC)
  • Feb 10, 2022 Signed a 2 year Two-Way contract with Oklahoma City (OKC)

Fines

Date Reason Fine Amount
Dec 27, 2024 for technical foul during GSW-LAC game $2,000
Fines: 1 $2,000
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2025 SA 31 0 6.9 2.2 0.7 0.4 0.2 .369 .333 1.000
2024 DET 52 9 15.0 4.9 2.1 1.0 0.5 0.2 .369 .344 .727
2023 OKC 38 7.4 3.6 1.1 0.6 0.1 0.2 .471 .435 1.000
2022 OKC 41 12.9 5.2 1.8 0.7 0.3 0.3 .393 .358 .800
2021 OKC 25 1 18.5 8.0 2.9 1.0 0.8 0.3 .406 .363 .800
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