Nick Richards

Age: 26-319d (Nov 29, 1997)
Exp: 4 Years
Country: JM
College: Kentucky
Drafted: Round 2 (#42 overall), 2020
Agent(s): Javon Phillips, Jared Mucha, Jeff Schwartz (Excel Sports Management)
2024-25 Cap Hit

$5,000,000

2024-25 Cash

$5,000,000

Career Earnings

$9,300,602

2023-2025 Veteran Extension (CURRENT)

Nick Richards signed a 3 year , $15,000,000 contract with the Charlotte Hornets, including $10,000,000 guaranteed, and an average annual salary of $5,000,000. In 2024-25, Richards will earn a base salary of $5,000,000, while carrying a cap hit of $5,000,000 and a dead cap value of $5,000,000.
Contract Terms:
3 yr(s) / $15,000,000
Average Salary:
$5,000,000
GTD at Sign:
$10,000,000
Total GTD:
$10,000,000
Signed Using:
Early Bird Rights
Free Agent:
2026 / UFA
Year Age Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2023-24 26 $5,000,000 3.68% $5,000,000 $5,000,000 3.02% $5,000,000 $5,000,000 $5,000,000
2024-25 27 $5,000,000 3.56% $5,000,000 $5,000,000 2.93% $5,000,000 $5,000,000 $10,000,000
2025-26 28 $5,000,000 3.23% $5,000,000 $5,000,000 2.66% $5,000,000 - $15,000,000
2026-27 29
UFA
Year Age Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Cap Luxury Tax
2023-24 26 $5,000,000 - - $5,000,000 3.68% $5,000,000
2024-25 27 $5,000,000 - - $5,000,000 3.56% $5,000,000
2025-26 28 $5,000,000 - - $5,000,000 3.23% $5,000,000
2026-27 29
UFA
Year Age Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2023-24 26 $5,000,000 $5,000,000 $5,000,000 $5,000,000 $5,000,000
2024-25 27 $5,000,000 $5,000,000 $10,000,000 $5,000,000 $5,000,000
2025-26 28 $5,000,000 $5,000,000 $15,000,000 $5,000,000 $5,000,000
Contract Notes
  • 2025-26: non-guaranteed, fully guaranteed on 6/29/25
Source: Spotrac

2020-2022 Rookie

Nick Richards signed a 3 year , $4,300,602 contract with the Charlotte Hornets, including $4,300,602 guaranteed, and an average annual salary of $1,433,534.
Contract Terms:
3 yr(s) / $4,300,602
Average Salary:
$1,433,534
GTD at Sign:
$2,517,981
Total GTD:
$4,300,602
Signed Using:
cap-space
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Seasons

4 Years

Career Earnings thru 2024

$9,300,602

Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2020 23
Active
$1,000,000
$1,000,000
2021 24
Active
$1,517,981
$2,517,981
2022 25
Active
$1,782,621
$4,300,602
2023 26
Active
$5,000,000
$9,300,602
Total      
$9,300,602
$9,300,602
2024 27
Active
$5,000,000
2025 28
Active
$5,000,000
Total
$19,300,602

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $9,300,602 - - $9,300,602
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2020
23
$1,000,000
$1,000,000
$1,000,000
2021
24
$1,517,981
$1,517,981
$2,517,981
2022
25
$1,782,621
$1,782,621
$4,300,602
2023
26
$5,000,000
$5,000,000
$9,300,602
Total
$9,300,602
$9,300,602
$9,300,602
2024
27
$5,000,000
$5,000,000
2025
28
$5,000,000
$5,000,000
Total
$19,300,602
$19,300,602

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
4 $9,300,602 - - $9,300,602

Injuries

Year Dates Games Missed Reason
2023-24 CHA Apr 12, 2024 - Apr 14, 2024 1 Foot
2023-24 CHA Apr 01, 2024 - Apr 06, 2024 3 Foot
2023-24 CHA Mar 03, 2024 - Mar 04, 2024 1 Foot
2023-24 CHA Jan 19, 2024 - Jan 23, 2024 3 Ankle
2023-24 CHA Nov 18, 2023 - Dec 01, 2023 6 Concussion
2022-23 CHA Dec 26, 2022 - Dec 30, 2022 3 Ankle
2021-22 CHA Feb 25, 2022 - Mar 01, 2022 3 Foot
2020-21 CHA Jan 25, 2021 - Jan 26, 2021 2 Ankle
2020-21 CHA Jan 06, 2021 - Jan 08, 2021 2 Health Protocols
  • Mar 22, 2023 Signed a 3 year $15 million contract extension with Charlotte (CHA) - includes 2025-26 non-guaranteed
  • Nov 30, 2020 Signed a 3 year $4.3 million contract with Charlotte (CHA)
  • Nov 19, 2020 Traded to Charlotte (CHA) from New Orleans (NOP) for 2024 2nd round pick
  • Nov 18, 2020 Drafted by New Orleans (NOP): Round 2 (#42 overall)

Fines

Date Reason Fine Amount
Oct 29, 2022 for technical foul during GSW-CHA game $2,000
Oct 31, 2022 for technical foul during SAC-CHA game $2,000
Apr 04, 2023 for technical foul during TOR-CHA game $2,000
Nov 12, 2023 for technical foul during CHA-NYK game $2,000
Dec 29, 2023 for technical foul during CHA-PHX game $2,000
Mar 23, 2024 for technical foul during CHA-ATL game $2,000
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2023 CHA 67 51 26.2 9.7 8.0 0.8 0.4 1.1 .691 .737
2022 CHA 65 9 18.7 8.2 6.4 0.6 0.2 1.1 .629 1.000 .749
2021 CHA 49 5 7.5 3.1 1.8 0.3 0.2 0.4 .667 .698
2020 CHA 18 3.4 0.8 0.6 0.1 .444 .636
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