Trae Young Just Received a $35 Million Raise Thanks to 100 Strangers

Ahead of the 2021-22 NBA season, Trae Young agreed to a five-year, $207 million contract extension with the Atlanta Hawks that will keep him in A-Town until 2026. It doesn’t get much better than that for a 23-year-old superstar.

Or so he thought.

This week, Young was voted to the All-NBA Third Team for the first time in his short career. That’s fantastic news in and of itself, but the All-NBA selection also allows Young to tack on more than $35 million to his current contract. The Hawks point guard is now set to become one of the highest-paid players in the NBA, and he has 100 strangers to thank.

Trae Young is an All-NBA player for the first time

Trae Young smiles during a game against the Cavaliers.
Trae Young of the Atlanta Hawks reacts during a game against the Cleveland Cavaliers | Todd Kirkland/Getty Images

After a season in which Young scored 28.4 points and dished out a career-high 9.7 assists per game, the Hawks point guard was voted an All-NBA player for the first time in his career. Young was named to the All-NBA Third Team this week following the best and most efficient season of his four-year stint with the Hawks.

In 2021-22, Young notched career-highs in shooting percentage (46%), three-point shooting percentage (38.2%), and free-throw percentage (90.4%). He also led Atlanta in win shares (10.0), BPM (5.2), and VORP (4.8). The stellar season was enough to join Chris Paul, LeBron James, Pascal Siakam, and Karl Anthony-Towns on the Third Team.

Here’s how the rest of the All-NBA teams shook out:

First Team

  • Devin Booker
  • Luka Doncic
  • Jayson Tatum
  • Giannis Antetokounmpo
  • Nikola Jokic

Second Team

  • Ja Morant
  • Stephen Curry
  • Kevin Durant
  • DeMar DeRozan
  • Joel Embiid

Third Team

  • Chris Paul
  • Trae Young
  • LeBron James
  • Pascal Siakam
  • Karl Anthony-Towns

Young can thank 100 strangers for his $35 million raise

Cracking the All-NBA team doesn’t just give you an impressive bullet point on your career resume. It also allows you to earn more money on future contracts. Because a global panel of 100 media membersĀ gave Young enough votes to earn third-team honors, his upcoming five-year contract will increase by a massive $35.4 million.

Here’s how the new contract compares to the old in terms of yearly salary:

SeasonOriginal salaryNew Salary
2022-23$30.5 million$36.6 million
2023-24$32.94 million$39.53 million
2024-25$35.38 million$42.46 million
2025-26$37.82 million$45.38 million
2026-27$40.26 million$48.31 million

Young will now earn nearly $50 million in 2025-26 thanks to his new All-NBA designation. Talk about a life-changing raise.

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