From the streets of San Diego to the bright lights of the NBA, Norman Powell’s journey has been one of grit and perseverance. He was never the most hyped prospect, but his relentless work ethic and determination carved out a place for him in the league. Now a key piece for the Los Angeles Clippers, Powell has proven his value time and time again. But how does that translate financially? How much is he earning, and what’s his net worth? Let’s break down his contract, salary, and more.

What is Norman Powell’s contract with the Los Angeles Clippers?

In February 2022, Norman Powell’s journey with the Los Angeles Clippers began after being traded from the Portland Trail Blazers. Previously, he had spent just one season in Portland, where he was dealt alongside Robert Covington. In exchange, the Clippers sent Eric Bledsoe, Justise Winslow, Keon Johnson, and a 2025 second-round pick, a move aimed at strengthening their roster. For Powell, this trade turned out to be a significant turning point in his career.

Powell originally signed a five-year, $90 million deal with the Blazers in August 2021. However, after the trade, the contract carried over with the Clippers. In the 2022-23 season, his cap hit stood at $16.76 million, with a large portion of his salary guaranteed.

His earnings continued to rise in the following years. In the 2023-24 season, Powell made $18 million, remaining a key figure in the Clippers’ salary structure. The team banked on his ability to provide scoring depth, particularly as they pushed for title contention. Looking ahead, his contract value continues to grow:

• 2024-25 season: $19.24 million
• 2025-26 season: $20.48 million

By the time his contract expires in 2026, Powell will be 32 years old and set to enter free agency.

Throughout his career, Powell has established himself as a reliable guard/forward, known for his ability to stretch the floor and score in transition. The Clippers expect him to be a key contributor, and his long-term contract reflects his value to the team. With championship ambitions, the franchise is counting on Powell to step up. Will he rise to the challenge? Only time will tell.

How much has Norman Powell earned over the years in the NBA?

Since entering the NBA in 2015, Powell has built an impressive financial portfolio. His journey began with a three-year, $2.54 million rookie-scale contract with the Toronto Raptors—a solid start for a young player. But his rapid development soon earned him a more lucrative deal.

By 2017, the Raptors rewarded Powell with a four-year, $42 million contract extension. His value became even more evident in 2021 when he signed a five-year, $90 million deal with the Portland Trail Blazers before being traded to the Clippers the following year.

For the 2023-24 season, Powell earned $18 million, making him one of the higher-paid shooting guards in the league. His contract ensures he remains among the NBA’s well-compensated players, and his consistent scoring ability keeps him in demand for future deals. But Powell’s earnings don’t stop at basketball—he has other sources of income that contribute to his financial success.

What is Norman Powell’s net worth?

As of 2024, Powell’s estimated net worth is $45 million. Like many athletes, he has secured endorsement deals, including one with AND1, where he is expected to release signature basketball shoes. These deals add to his annual income and highlight his growing marketability.

Beyond endorsements, Powell has ventured into entrepreneurship. He launched his own clothing brand, Understand the Grind, which sells apparel featuring his signature logo. This business venture provides an additional revenue stream, helping him build long-term financial security beyond his playing days.

Norman Powell’s Philanthropy

Powell’s financial success isn’t just about personal gain—he is also committed to giving back. In 2021, he made a $100,000 donation to families in need at Lincoln High School in San Diego, his alma mater. His contribution provided gifts, clothing, and food to over 200 families during the holiday season.

His deep-rooted connection to San Diego continues to shape his efforts off the court. His investments, philanthropy, and business ventures showcase his foresight and financial intelligence.

While Powell’s career earnings have been impressive, his impact goes beyond basketball. As he continues playing at a high level, his net worth is expected to grow. What’s next for Powell as his career evolves? That remains to be seen, but his future looks promising both on and off the court.