Reed Sheppard

Houston Rockets, Shooting Guard
Age: 21y-8m-27d (Jun 24, 2004)
Exp: 1 Years
Country: US
College: Kentucky
Drafted: Round 1 (#3 overall), 2024
Agent(s): Aaron Mintz, Dave Spahn (CAA Sports)
2025-26 Cap Hit

$10,603,560

2025-26 Cash

$10,603,560

Career Earnings

$20,805,514

2024-2027 Rookie (CURRENT)

Reed Sheppard signed a 4 year, $45,853,025 contract with the Houston Rockets, including $20,702,520 guaranteed, and an average annual salary of $11,463,256. In 2025-26, Sheppard will earn a base salary of $10,603,560, while carrying a cap hit of $10,603,560 and a dead cap value of $10,603,560.
Contract Terms:
4 yr(s) / $45,853,025
Average Salary:
$11,463,256
GTD at Sign:
$20,702,520
Total GTD:
$20,702,520
Signed Using:
rookie-scale-exception
Free Agent:
2028 / RFA
Year Age Status Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2024-25 20 $10,098,960 7.18% $10,098,960 $10,098,960 5.91% $10,098,960 $10,098,960 $10,098,960
2025-26 21 $10,603,560 6.86% $10,603,560 $10,603,560 5.64% $10,603,560 $10,603,560 $20,702,520
2026-27 22
Club
$11,108,880 6.69% $11,108,880 $11,108,880 5.51% $11,108,880 $11,108,880 $31,811,400
2027-28 23
Club
 $14,041,625 8.06% $14,041,625 $14,041,625 6.63% $14,041,625 - $45,853,025
2028-29 24
RFA
Year Age Status Base Salary Incentives Likely Incentives Unlikely Cap Hit Cap % League Luxury Tax
2024-25 20 $10,098,960 - - $10,098,960 7.18% $10,098,960
2025-26 21 $10,603,560 - - $10,603,560 6.86% $10,603,560
2026-27 22
Club
$11,108,880 - - $11,108,880 6.69% $11,108,880
2027-28 23
Club
 $14,041,625 - - $14,041,625 8.06% $14,041,625
2028-29 24
RFA
Year Age Status Base Salary Cash Total Cash Cumulative Cash Remaining AYC Cumulative AYC Remaining
2024-25 20 $10,098,960 $10,098,960 $10,098,960 $45,853,025 $10,098,960 $11,463,256
2025-26 21 $10,603,560 $10,603,560 $20,702,520 $35,754,065 $10,351,260 $11,918,022
2026-27 22
Club
$11,108,880 $11,108,880 $31,811,400 $25,150,505 $10,603,800 $12,575,253
2027-28 23
Club
 $14,041,625 $14,041,625 $45,853,025 $14,041,625 $11,463,256 $14,041,625
Contract Notes

  • 2026-27: Club Option (deadline 10/31/25, exercised 10/30/25)
  • 2027-28: Club Option (deadline 10/31/26)

Source: Spotrac
Seasons

1 Years

Career Earnings thru 2025

$20,805,514

Earnings w/ Different Teams

1 team

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2024 20
Active
NBA Cup
$10,098,960
$102,994
$10,098,960
$10,201,954
2025 21
Active
$10,603,560
$20,805,514
Total      
$20,805,514
$20,805,514
2026 22
Active / Club Exercised
$11,108,880
2027 23
Active / Club
$14,041,625
Total
$45,956,019
* denotes prorated cash total due to lockout season

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $20,805,514 - - $20,805,514
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2024
20
$10,098,960
$102,994
$10,098,960
$102,994
$10,098,960
$10,201,954
2025
21
$10,603,560
$10,603,560
$20,805,514
Total
$20,805,514
$20,805,514
$20,805,514
2026
22
$11,108,880
$11,108,880
2027
23
$14,041,625
$14,041,625
Total
$45,956,019
$45,956,019

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
2 $20,805,514 - - $20,805,514

Injuries

Year Dates Games Missed Reason
2024-25 HOU Mar 08, 2025 - Mar 27, 2025 11 Thumb
  • Oct 30, 2025 Houston (HOU) exercised $11.11 million option for 2026-27
  • Jul 02, 2024 Signed a 4 year $45.85 million rookie scale contract with Houston (HOU)
  • Jun 26, 2024 Drafted by Houston (HOU): Round 1 (#3 overall)
Year Team GP GS Min/Gm Pt/Gm Reb/Gm Ast/Gm Stl/Gm Blk/Gm FG% 3PT% FT%
2025 HOU 69 11 26.0 13.4 2.8 3.2 1.4 0.7 .428 .389 .797
2024 HOU 52 3 12.6 4.4 1.5 1.4 0.7 0.3 .351 .338 .812
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