Landry Shamet’s story isn’t the typical NBA fairytale. It’s a tale of unexpected twists—traded, waived, and relocated across the league. Yet through it all, his sharp shooting and resilience have kept him in the conversation. From his days at Wichita State to his roles with multiple NBA teams, Shamet has carved out a unique niche. But as his career progresses, the question becomes: what’s next for Shamet as he currently undertakes a fresh journey with the Knicks? The next chapter might just surprise you.

What is Landry Shamet’s contract with the Knicks? Explore all his contracts with the NBA.

To fully understand Shamet’s journey, let’s start with his most recent contract—his deal with the New York Knicks. In the summer of 2024, he found himself at a crossroads in his career, facing another crucial decision. It all began back in the summer of 2024 when he found himself at a crossroads in his career. A couple of setbacks blocked his NBA journey, filled with hopes and dreams, and set him up for another unexpected turn. After a brief, whirlwind stint with the Washington Wizards—where he was traded in a huge deal for Bradley Beal—The Wizards waived Shamet in July, making him a free agent once again.

But then, the New York Knicks, who were looking for depth and shooting, came knocking on his door and signed Shamet on September 14, 2024. His contract was a one-year deal worth $1,682,008, fully guaranteed with a cap hit of $1,343,690. For him, it was like the start of a new chapter, a fresh start in New York. However, this wasn’t an ordinary contract; it was an Exhibit 9 deal. Now, we have seen players signing Exhibit 10 or Two-way contracts, but Exhibit 9 is quite rare.

An Exhibit 9 contract is a short-term, non-guaranteed deal NBA teams use during training camp. It protects the team from financial risk if they waive the player due to injury. If the player gets hurt before the regular season starts, the team is only required to pay up to $50,000 in injury compensation. These contracts are common for players fighting for a roster spot but don’t offer long-term security

Here, the contract isn’t a huge financial commitment. Teams design it for players who are trying to prove themselves worthy of a full-time role while also receiving some protection. If a player gets injured during training camp, the team grants him up to $50,000. It’s a bit of peace of mind, a way to soften the blow in case the worst happens. For a player like Shamet, his contract is important as it safeguards and allows him to focus on playing basketball.

Shamet’s tenure with the Knicks took an unfortunate turn during a preseason game against the Charlotte Hornets on October 15, when he dislocated his shoulder. An incident that changed his entire 2024-2025 season, as less than a week later, on October 19, the team made the tough decision to waive him, leaving Shamet questioning his place in the league once more.

His persistence paid off when, on October 26, 2024, the Westchester Knicks selected him in the G League draft, offering him another opportunity to prove himself. But, on December 23, 2024, the Knicks re-signed him. However, so far he is still with the team and plays a bit-part role in the team’s functions.

Now that we have seen his contract with the Knicks, let’s look at his other contracts. If you look at the hooper’s career, you will realize several trades, which means he has spent time with multiple teams. However, beginning with his rookie team, the Philadelphia 76ers selected him as their 26th pick in the 2018 NBA draft.

The Philadelphia 76ers signed him to a 4-year rookie deal worth $9,557,142, with an annual average salary of $2,389,286. But after a season, they traded him to the Los Angeles Clippers in 2019, and the same contract remained in effect. Then after a season came the trade to the Brooklyn Nets in 2020—a team with championship aspirations but filled with superstar players. But something big was waiting for him.

His move to the Phoenix Suns in 2021 was a game-changer, it felt like he had found his home. The Suns were a rising contender, and Shamet had a chance to prove he could be a key contributor. This led to him signing a rookie extension for a four-year, $43 million, which showed that Phoenix believed in his potential. But you know what happened? Unfortunately, just two years later, in 2023, the Phoenix Suns traded him once more—this time to the Washington Wizards, as we previously mentioned.

However, with every trade, every contract, every waiver could’ve been the end of his NBA career. But instead of giving up, the young guard kept going. In the face of all that change, his one-year contract with the Knicks feels like a lifeline. It’s an opportunity to rebuild, to show that he can still be a valuable player in the league. Players like Shamet recognize that this kind of opportunity could be their last shot at a meaningful career. By earning another chance with the Knicks, Shamet showcases his resilience in a league where stability is never guaranteed. Now that we’ve covered his contracts, let’s explore his brand deals and investments.

Does Landry Shamet have any brand endorsements? What is his net worth?

As we witness Landry Shamet’s journey within the NBA, it’s clear that he is still in his early days. This makes his brand deals automatically less favorable. If you take a look at his Instagram, you will see his moments from family, travel, and games. But, he does have one notable partnership post which came after he became a brand ambassador and investor for Earth’s Splendor, a company specializing in vitamins, minerals, and supplements. Shamet owns a 2.5% equity stake in the company, blending his passion for health with business savvy.

This move wasn’t a one-off for the hooper. He also holds an equity stake in Lemon Perfect Co., a company that makes lemon-infused beverages. In 2024, the company raised $36.8 million, achieving a valuation of $150 million. While no exact figures are available, experts estimate Shamet’s career earnings from the NBA to be around $29.3 million.

Landry Shamet’s career has been anything but predictable. From bouncing between teams to fighting for his spot in the league. His journey is a testament to resilience in a business that rarely shows mercy. The Knicks may not have made a long-term commitment to him, but this season is his shot to prove he still belongs. His shooting ability has always been his calling card, but in a league that values versatility and adaptability, Shamet needs to showcase more than just a smooth jumper.

Will he carve out a role in New York and remind the league why he once landed a $43 million extension? Or will this be yet another stop in a career defined by uncertainty? Either way, Shamet’s story isn’t over—it’s just at another crossroads. And in the NBA, it’s not about where you start. It’s about how you adjust when the game throws you off balance