The frenzy of “sign-and-waive” has taken over the NBA. The Golden State Warriors brought in Seth Curry only to waive him. Then, Mac McClung too faced the same axe by the Chicago Bulls. The Indiana Pacers also followed suit. The Pacers recently waived three players within weeks, including guard Kyle Guy, a Lawrence Central High grad and 2016 Indiana Mr. Basketball, who inked Exhibit 10 contracts. Nonetheless, it is never too late to know the net worth of someone coming back to the NBA.

What is Kyle Guy’s net worth?

Kyle Guy’s net worth is estimated at $1.5 million to $2 million. The Indiana native was selected 55th overall by the New York Knicks in the second round of the 2019 NBA Draft. His earnings come not only from his time in the NBA, playing for teams like the Sacramento Kings and Miami Heat, but also from his overseas stints in Spain and Greece, which helped expand both his experience and income.

Kyle Guy retired from the NBA, thinking his basketball journey had ended, only to find a new purpose in coaching. Before joining the Nevada Wolf Pack men’s basketball staff as an assistant, he spent time mentoring at his alma mater, the University of Virginia. But here’s what changed his life: a family trip home, where he joined a 3-on-3 event at Arsenal Tech High School organized by The Next Chapter. A video of his play went viral, catching the eye of Pacers assistant coach Johnny Carpenter.

Kyle Guy’s contract breakdown

Kyle Guy has signed six NBA contracts over the period of 5 years, totaling his accumulated contract value at $5,244,734. Here is a breakdown.

*Per club policy, terms of the deal were not disclosed, and these numbers are based on sources and Spotrac. Also, the temporary nature of these contracts may have influenced Guy to make such a decision.

Kyle Guy’s career earnings

Kyle Guy’s professional earnings combine his time in the NBA and his coaching stints. His total NBA contract value is approximately $5,244,734.

The coaching salaries for assistant coaching at programs like UVA and Nevada are not publicly listed. Typically, they range from $120,000 to $130,000 per year.

Kyle Guy’s college and professional career

Kyle Guy’s basketball journey began at Lawrence Central High School in Indiana. By his junior year, Guy’s accolades stacked up: Junior Indiana All-Star, All-Conference, All-County, county runner-up Player of the Year, and IBCA Subway Underclassman All-State. His senior year saw him averaging 23.5 points, 5.6 rebounds, and 3.7 assists per game. It is here that he was named Indiana Mr. Basketball. This ‘Guy’ could not stop winning.

His college career peaked in 2019, when he helped lead Virginia to the NCAA National Championship, earning Final Four Most Outstanding Player honors and third-team All-American recognition. He instantly became a sensation after averaging 14.3 points and 5.2 rebounds per game throughout the 2019 NCAA tournament. He knew he had to head towards the NBA.

In the 2019 NBA Draft, he was selected as the No. 55 pick by the New York Knicks. Thus began his journey of getting traded between multiple teams. Moving away from the uncertainty of the NBA, he pursued opportunities overseas, joining Joventut Badalona, then Lenovo Tenerife (Spain) and Panathinaikos (Greece).

Reflecting on his journey, Guy said, “I wouldn’t change anything, and I had a great freaking career up until this point. I loved every second of pretty much all of it.” For Guy, the grind of professional basketball had taken its toll, especially during his final year overseas. “My family was not with me. I missed the birth of my second son. There were a lot of things that were playing into it. I needed a break.”

On his professional move, Kyle added, “There’s a lot of other things I want to do in this life aside from basketball, and I thought that was a good time to chase those things and be around my family a little bit more. Coaching was the easiest transition.”

Why did Kyle Guy come out of retirement?

Guy’s reasoning to leave the NBA was simple: there was no scope of growth for him, he felt. But the dream remained. When the opportunity appeared again, he took it. “They were like, ‘Are you interested in an E-10?'” Guy said. “I said, ‘Hell yeah, I’m interested.'”

Even after getting waived off almost immediately, he is positive. “The goal is to make the roster,” Guy said in an interview to Indystar. “I’m not an idiot. I don’t know if that’s in the cards right now, but I think after I get my feet under me and play for the Boom and help establish a winning culture and a fun atmosphere there that I could make those things happen down the road.”

Kyle Guy’s basketball story is sure made of more ups and downs than any other drama, but it surely shows his resilience and love for the game.