Caleb Martin has one of the greatest stories in the league. A player who was initially overlooked in the 2019 NBA Draft, he overcame adversity from the very beginning before finally making a name for himself with the Heat.
The Charlotte Hornets appeared to give him an opportunity, but it wasn’t long before he was waived. That’s when Erik Spoelstra gave him a lifeline, offering Martin the possibility to join Miami on a two-way contract.
Eventually, the small forward made his way to the roster. In a fascinating turn of events, he became a key contributor for a Heat team that defied the odds in the 2023 NBA playoffs, making all their way to the Finals as a No. 8 seed.
Caleb Martin’s contract with the Heat
According to Spotrac, Caleb Martin signed a three-year, $20,408,850 deal with the Miami Heat in 2022. We’re talking about a fully-guaranteed contract, so there’s nothing he has to worry about. He’ll get every single penny.
How much does Caleb Martin make a year?
His annual average salary would be $6,802,950, but he won’t make exactly the same every year. In 2022-23, Martin is due $6,479,000, which breaks down as follows: $539,916 a month; $134,979 a week; $19,282 a day; $803 an hour; $13.4 a minute; and $0.22 a second.
Martin O'Donnell is a bilingual sports writer fluent in English and Spanish, currently serving as the Managing Editor of Bolavip. He began his journey with the website in February 2021, making a name for himself through comprehensive coverage of multiple sports, including NFL and soccer, with a specialty in original content and real-time reporting of major events such as the World Cup, UEFA Champions League finals, and the Super Bowl. In June 2024, Martin took on the role of Subeditor, where he excelled in overseeing the publication of stories, assisting staff writers, and ensuring content quality. His prior experience includes managing social media for CONMEBOL Libertadores and Sudamericana in English and Spanish, as well as reporting on Brazilian football for Sambafoot. Known for his meticulous attention to detail and ability to capture breaking news, Martin has consistently been a valuable asset to the Bolavip team, especially during crucial sports seasons involving trades, playoffs, and finals. Now, as the Managing Editor since May 2025, Martin brings his extensive experience and keen editorial sense to lead Bolavip’s team, driving the website's growth and ensuring it remains a top source for sports news and analysis with interviews and exclusive content.
