Dennis Schroder’s NBA journey is marked by his perseverance and adaptability. Drafted by the Atlanta Hawks in 2013, he quickly made an impact. His time then with the OKC Thunder cemented his role as a starting point guard. A brief stint with the LA Lakers brought him closer to an NBA Championship. After a short time in Toronto, he now joins the Brooklyn Nets. Known for his speed, court vision, and leadership, his adaptability makes him a key asset. How much is he making at the Nets? Let’s dive deeper.

What is Dennis Schroder’s salary with the Brooklyn Nets? Did Toronto Raptors trade him as part of a ‘Salary Dump’?

During a press conference, Schroder revealed that he came to know about his trade to the Nets on the same night when his agent called him. So what does this mean? Was it an overnight trade that he wasn’t aware of? Sounds pretty much like Karl-Anthony Towns’ trade, doesn’t it? However, his current 2-year deal reflects his true value as a veteran point guard.

Dennis Schroder, along with Thad Young, was suddenly traded to the Nets, possibly in a salary dump scenario. S0, in the NBA, a salary dump is when a team trades a player primarily to offload their high salary. This is usually done to free up cap space, reduce luxury tax, or create financial flexibility. The team often receives little in return, sometimes just draft picks, to incentivize the trade partner to take on the salary.

And here the Raptors dealt Schröder and Young to the Nets in an essential deal to clear his $13 million off the books for next season and free up more playing time for the org’s young core. In return, the team acquired Spencer Dinwiddie, who was promptly waived. However, as Dennis Schroder begins his fresh start, the one question remains: how will he adapt to his new role with Brooklyn?

Well, he’s started this season well, so far. Within just 4 games in November, he is already averaging 14.0 points, 4.3 rebounds, and 5.0 assists per game. He also delivered some top performances, one of them being against the Grizzlies, when the hooper scored 33 points, 8 assists, and 2 rebounds. With that said, it’s time to go three years back and look at what happened between the Lakers and him.

Did Dennis Schroder turn down a $84 million deal from the Los Angeles Lakers because of his NBA agent?

Remember when the German guard had a small stint with the Lakers? Back in 2020, the hoopster was traded to LA, where he was sidelined not once but twice because of COVID-19 health protocols, which ended up in him missing seven games late in the season. However, Schroder played 61 games, averaging 15.4 points and 5.8 assists per game and shooting 43.7% shooting from the field and 33.5% on 3-pointers. During the off-season, they traded him for Russell Westbrook, but in between all this, there’s a story to be heard.

In 2021, it was reported that the Lakers offered him an $84 million contract extension for 4 years. But his decision to turn down the contract with Rob Pelinka and Co. remains one of the NBA’s most debated moves. The decision has since drawn criticism, especially after he struggled in the postseason and couldn’t secure a long-term contract.

He was advised by his agent, Alex Saratsis of Octagon, to decline the offer. Dennis Schroder, however, later admitted he would have signed the deal if it weren’t for his representation’s advice. “I would never just leave money on the table,” the German guard said.

His mother, he claimed, didn’t raise him that way. His agent’s guidance was centered around the hope that a strong playoff run would boost his market value. But the strategy backfired when he failed to deliver in the playoffs, going scoreless in Game 5 against the Suns!

This misstep left Schroder scrambling. After the Lakers were out of the picture, he found himself without a suitable long-term deal, ultimately signing a one-year, $5.9 million contract with the Celtics. He would later return to the Lakers on a $2.6 million deal for the 2022-23 season.

Could things have played out differently if he had stayed in LA? Despite the setback, Schroder’s decision shaped his current situation, with his two-year, $25.4 million contract with the Nets, now in hand. Now that we know about his salary, let’s know his total wealth.

Schroder’s multi-million net worth and lucrative brand deals

The hoopster’s net worth is estimated between $40 million – and $50 million, as of 2024. But, it’s not just from his NBA salary. Dennis Schroder has collaborated with multiple top brands and companies like Russell Athletic, the popular video game series Call of Duty, American prepaid service provider Cricket Wireless, Hugo Boss, Mercedes Benz, and Nike.

Before signing with Puma in 2022, the German athlete had a deal with Nike. The Puma deal, however, is now a multi-year partnership that’s expected to bring in millions for the veteran point guard. Dennis Schroder also regularly promotes his fashion brands- Atelier Drip (perfume) and That’s Tuff (clothing). In summary, his journey in the NBA, from facing multiple NBA trades to deals with big brands, showcases this German hoopster is never giving up anytime soon!