Are you interested in exploring Ty Jerome net worth, career earnings, and current salary as a Shooting Guard for the Cleveland Cavaliers in the NBA?
Ty Jerome is an emerging talent in the NBA, currently playing as a Shooting Guard for the Cleveland Cavaliers. Known for his impressive skills and versatility on the court, Jerome has made a significant impact since entering the league.
With a net worth estimated at $15,992,325 and a basic salary of $2,439,025 for the 2024/25 season, his financial success reflects both his athletic prowess and marketability. As he continues to develop his career, Jerome’s journey serves as an inspiration to aspiring basketball players and fans alike.
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Ty Jerome Net Worth – Salary and Contract Overview
Ty Jerome’s basic salary for the 2024/25 NBA season is $2,439,025, contributing to an estimated net worth of $15,992,325. Currently, he plays as a Shooting Guard for the Cleveland Cavaliers in the National Basketball Association (NBA), the premier basketball league in the United States.
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Current Contract Details
| Year | Salary | Age | Cap Percent |
|---|---|---|---|
| 2023-24 | $2,439,025 | 26 | 1.79% |
| 2024-25 | $2,560,975 | 27 | 1.80% |
Career Earnings Breakdown
| Year | Basic Salary | Signing Bonus | Incentives | Trade Bonus | Total Wage |
|---|---|---|---|---|---|
| 2019-20 | $2,056,388 | – | – | – | $2,056,388 |
| 2020-21 | $2,303,040 | – | – | – | $2,303,040 |
| 2021-22 | $2,412,840 | – | – | – | $2,412,840 |
| 2022-23 | $4,220,057 | – | – | – | $4,220,057 |
| 2023-24 | $2,439,025 | – | – | – | $2,439,025 |
| 2024-25 | $2,560,975 | – | – | – | $2,560,975 |
Ty Jerome Biography
Ty Jeremy Jerome (born July 8, 1997) is an American professional basketball player currently playing for the Cleveland Cavaliers in the National Basketball Association (NBA). He gained recognition during his college career at the University of Virginia, where he was the starting shooting guard on the team that won the national championship in 2019. Jerome was selected by the Philadelphia 76ers in the 2019 NBA Draft but was subsequently traded to the Phoenix Suns.
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Ty Jerome Early Years
Jerome began his basketball journey at Iona Preparatory School in New Rochelle, New York, where he excelled as a four-year varsity player. During his junior year, he earned accolades such as first-team All-Conference, All-Metropolitan, and All-State honors. Unfortunately, his senior season was cut short due to a hip injury. Despite this setback, Jerome committed to playing college basketball at the University of Virginia on September 2, 2014, setting the stage for his successful collegiate career.
Ty Jerome Personal Life
Ty Jerome’s parents are Mark Jerome and Melanie Walker. He has two brothers and two sisters. His mother is white American, while his father is biracial African American, and both played college basketball. Jerome’s paternal grandmother was actively involved in the Civil Rights Movement with the Congress of Racial Equality, and his grandfather, Fred, was a photographer who covered the movement.
During his time at the University of Virginia, Jerome majored in American Studies. Growing up, his favorite NBA player was Steve Nash.
Ty Jerome College Career
During his freshman year at the University of Virginia, Ty Jerome served as the backup point guard to London Perrantes. In this role, he averaged 4.3 points, 1.6 rebounds, and 1.5 assists per game while coming off the bench.
Jerome stepped into the role of starting point guard in his sophomore year. On December 30, 2017, he achieved a career-high of 31 points in a game against Boston College, showcasing his scoring ability. His impressive performance throughout the season earned him a place on the All-ACC Third Team.
As he entered the 2018–2019 season, Jerome was recognized for his talent, being selected for the pre-season All-ACC Second Team. On February 4, 2019, he was named one of the ten finalists for the Bob Cousy Award, which honors the nation’s top college point guard. Most mock drafts projected him as an early second-round pick in the upcoming 2019 NBA Draft.
Jerome had a standout season, averaging 13.6 points and 5.5 assists per game, and played a crucial role in leading Virginia to a #1 seed in the 2019 NCAA Tournament. In the championship game, Virginia triumphed over Texas Tech with an 85–77 victory, where Jerome contributed significantly with 16 points, 8 assists, and 6 rebounds.
Following this successful season, Jerome announced his decision to forgo his final year of collegiate eligibility and declared for the 2019 NBA Draft, hiring an agent to begin his professional journey.
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Ty Jerome Professional Career
Phoenix Suns (2019–2020)
Ty Jerome was selected by the Philadelphia 76ers with the 24th pick in the 2019 NBA Draft on June 20, 2019. His rights were subsequently traded to the Boston Celtics before being moved to the Phoenix Suns, where he signed on July 6, 2019. Unfortunately, Jerome suffered a right ankle sprain on October 21, 2019, which sidelined him indefinitely.
He was assigned to the Northern Arizona Suns on November 25, where he began his professional journey. Jerome made his NBA debut on December 2, 2019, contributing four points, four assists, three rebounds, and three steals in a win against the Charlotte Hornets. He had a season-high performance of 15 points against the Houston Rockets on December 21, 2019.
Oklahoma City Thunder (2020–2022)
On November 16, 2020, Jerome was traded to the Oklahoma City Thunder as part of a deal that sent Chris Paul to the Suns. He initially played for the Thunder’s G League affiliate, the Oklahoma City Blue, while recovering from an ankle injury. Jerome made his Thunder debut on February 26, 2021, recording nine points, five rebounds, and seven assists, setting a franchise record for the most assists in a debut.
However, his season was cut short when he underwent groin surgery on March 8, 2022. On September 30, 2022, Jerome was traded to the Houston Rockets but was waived the following day.
Golden State Warriors (2022–2023)
Jerome signed with the Golden State Warriors on October 4, 2022, initially for the preseason. He later secured a two-way contract, allowing him to play with the Santa Cruz Warriors in the NBA G League.
Cleveland Cavaliers (2023–Present)
On July 6, 2023, Jerome signed with the Cleveland Cavaliers. He quickly made an impact, scoring 27 of a season-high 29 points in the first half of a game against the New Orleans Pelicans on November 20, 2024. On January 24, 2025, he set a new career-high with 33 points, including a perfect 8-for-8 from three-point range, becoming the first player in Cavaliers history to accomplish such a feat. Jerome’s journey through the NBA highlights his resilience and growing prowess as a professional basketball player.
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Ty Jerome Career Statistics
NBA Regular Season
| Year | Team | GP | GS | MPG | FG% | 3P% | FT% | RPG | APG | SPG | BPG | PPG |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019–20 | Phoenix | 31 | 0 | 10.6 | .336 | .280 | .750 | 1.5 | 1.4 | .5 | .1 | 3.3 |
| 2020–21 | Oklahoma City | 33 | 1 | 23.9 | .446 | .423 | .765 | 2.8 | 3.6 | .6 | .2 | 10.7 |
| 2021–22 | Oklahoma City | 48 | 4 | 16.7 | .378 | .290 | .809 | 1.6 | 2.3 | .6 | .1 | 7.1 |
| 2022–23 | Golden State | 45 | 2 | 18.1 | .488 | .389 | .927 | 1.7 | 3.0 | .5 | .1 | 6.9 |
| 2023–24 | Cleveland | 2 | 0 | 7.4 | .500 | .000 | — | .5 | 1.5 | .0 | .0 | 2.0 |
| Career | 159 | 7 | 17.3 | .421 | .352 | .826 | 1.8 | 2.6 | .6 | .1 | 7.0 |
College Career
| Year | Team | GP | GS | MPG | FG% | 3P% | FT% | RPG | APG | SPG | BPG | PPG |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016–17 | Virginia | 34 | 5 | 13.9 | .473 | .397 | .778 | 1.6 | 1.5 | .4 | .1 | 4.3 |
| 2017–18 | Virginia | 34 | 34 | 30.8 | .421 | .379 | .905 | 3.1 | 3.9 | 1.6 | .0 | 10.6 |
| 2018–19 | Virginia | 37 | 37 | 33.9 | .435 | .399 | .736 | 4.2 | 5.5 | 1.5 | .0 | 13.6 |
| Career | 105 | 76 | 26.4 | .435 | .392 | .788 | 3.0 | 3.7 | 1.2 | 0.0 | 9.6 |
Conclusion on Ty Jerome Net Worth
Ty Jerome’s net worth reflects his successful career as a professional basketball player in the NBA. Since being drafted in 2019, he has played for several teams, including the Phoenix Suns, Oklahoma City Thunder, Golden State Warriors, and currently, the Cleveland Cavaliers. His earnings stem not only from his NBA contracts but also from endorsements and sponsorships.
As of 2025, Jerome’s net worth is estimated to be in the range of several million dollars, a figure that is likely to grow as he continues to establish himself in the league. His financial success is a testament to his hard work, talent, and the opportunities presented to him through his basketball career. With his ongoing development as a player and potential future contracts, Jerome is positioned to further increase his wealth in the coming years.
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