Last Updated on December 26, 2024 by Mathew Diekhake
Here’s an overview of Tracy McGrady’s contract history throughout his NBA career:
Toronto Raptors (1997–2000)
- 1997 Rookie Contract:
- Length: 3 years
- Value: $4.69 million
- Signed after being drafted 9th overall in the 1997 NBA Draft directly out of high school.
Orlando Magic (2000–2004)
- 2000 Free-Agent Signing:
- Length: 7 years
- Value: $92.8 million
- Signed as a free agent after leaving the Toronto Raptors. This contract solidified McGrady as one of the rising stars in the league.
Houston Rockets (2004–2010)
- 2004 Trade and Contract:
- McGrady was traded to the Houston Rockets with the remaining years of his Orlando contract.
- During this period, he earned an average of $14–23 million annually.
- 2007 Contract Extension:
- Length: 3 years
- Value: $63 million
- Signed to secure his position as the franchise cornerstone for the Houston Rockets.
New York Knicks (2010)
- Traded to New York Knicks:
- Played under the final year of his Houston contract after being traded to the Knicks.
- Earned $22.8 million during the 2009–2010 season, the highest single-season salary of his career.
Detroit Pistons (2010–2011)
- 2010 Free-Agent Signing:
- Length: 1 year
- Value: $1.35 million (veteran minimum contract)
Atlanta Hawks (2011–2012)
- 2011 Free-Agent Signing:
- Length: 1 year
- Value: $1.35 million (veteran minimum contract)
San Antonio Spurs (2013)
- 2013 Mid-Season Signing:
- Length: Rest of the season
- Value: Prorated veteran minimum contract ($409,000)
- McGrady joined the Spurs during the 2013 NBA Playoffs but did not play significant minutes.
Career Earnings Summary (NBA Contracts Only):
- Total Career Earnings: Approximately $162 million
Other Notable Contracts:
- Qingdao Eagles (China):
- Signed with the Chinese Basketball Association’s Qingdao Eagles in 2012 for one season.
- Reportedly earned around $1 million for the season.
McGrady’s contracts reflect his incredible talent and productivity during his prime years, especially his time with Orlando and Houston, when he was among the highest-paid players in the league.