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Magic Johnson Net Worth

Magic Johnson Net Worth

What is Magic Johnson’s net worth?

Net Worth:$1.2 Billion
Age:64
Born:August 14, 1959
Gender:Male
Height:2.06 m (6 ft 9 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:Jul 15, 2024

Introduction

As of July 2024, Magic Johnson’s net worth is approximately $1.2 Billion, and he’s one of the richest athletes in the world

Earvin “Magic” Johnson Jr. is an American retired professional basketball player and former president of the Los Angeles Lakers of the NBA.

He played point guard for the Lakers for 13 seasons.

After winning championships in high school and college, Johnson was selected first overall in the 1979 NBA draft by the Lakers.

 

Early Life

Earvin Johnson Jr. was born on the 14th of August, 1959, in Lansing, Michigan.

Johnson is the son of Earvin Sr. and Christine Johnson. 

His mother spent many hours after work each night cleaning their home and preparing the next day’s meals, while his father did janitorial work at a used car lot and collected garbage, all while never missing a day at General Motors. 

 

Career 

Magic Johnson's Career

Los Angeles Lakers (1979-1991)

Johnson was drafted first overall by the Los Angeles Lakers in 1979. He ended up signing a  25-year $25-million contract with the Lakers.

Johnson performed exceedingly well in the 1981–82 season and averaged 18.6 points, 9.6 rebounds, 9.5 assists, and a league-high 2.7 steals per game. 

He averaged 18.3 points, 12.6 assists, and 6.2 rebounds per game in the 1984–85 regular season and led the Lakers into the 1985 NBA Finals. 

His great form continued over the next few years and he scored 22.5 points, 12.8 assists, and 7.9 rebounds per game in the 1988–89 NBA season. 

 

HIV Diagnosis

An incident in 1991 changed his life forever; he was diagnosed with HIV infection.

He publicly announced his diagnosis and decided to retire.

Despite his retirement, he was chosen to compete in the 1992 Summer Olympics for the US basketball team. 

He made a comeback as a player by re-joining the Lakers during the 1995–96 NBA season.

In February, he scored 15 points, along with 10 rebounds and 13 assists in a victory against the Atlanta Hawks.

He averaged 14.6 points, 6.9 assists, and 5.7 rebounds per game in 32 games in the season. He then retired for good following the season.

 

President of Basketball Operations (Los Angeles Lakers)

In 2017, Magic Johnson became the president of basketball operations for the Los Angeles Lakers.

Under Johnson’s management, the team sought to acquire many star players, revamping their line-up.

Magic only spent two years in this position, stepping down in 2019 to focus on other pursuits.

 

Magic Johnson Enterprises

Magic Johnson Enterprises, an investment company, was formed in 1987 by Magic himself.

In the early days of the company, it owned a range of franchises, including 31 Burger King locations, and 13 24-Hour Fitness locations.

The company also invested in other chains such as TGI Fridays, Sodexo, and Starbucks.

In October 2010, Johnson sold his 4% stake in the Los Angeles Lakers for a smooth $27 million.

Today, the company provides strategic partnerships, direct investments in companies, and marketing services.

Johnson is also hired by companies to speak at events, delivering an estimated 40 speeches per year.

 

Career Earnings & Salary

YearTeamSalary
1979/80Los Angeles Lakers$460,000
1980/81Los Angeles Lakers$460,000
1981/82Los Angeles Lakers$460,000
1982/83Los Angeles Lakers$460,000
1983/84Los Angeles Lakers$460,000
1984/85Los Angeles Lakers$1,000,000
1985/86Los Angeles Lakers$2,500,000
1986/87Los Angeles Lakers$1,000,000
1987/88Los Angeles Lakers$2,500,000
1988/89Los Angeles Lakers$3,142,860
1989/90Los Angeles Lakers$1,000,000
1990/91Los Angeles Lakers$2,400,000
1991/92Los Angeles Lakers$2,500,000
1992/93Los Angeles Lakers$2,500,000
1993/94Los Angeles Lakers$2,500,000
1994/95Los Angeles Lakers$1,000,000
1995/96Los Angeles Lakers$1,000,000
1996/97Los Angeles Lakers$1,000,000
1997/98Los Angeles Lakers$1,000,000
1998/99Los Angeles Lakers$1,000,000
1999/00Los Angeles Lakers$1,000,000
2000/01Los Angeles Lakers$1,000,000
2001/02Los Angeles Lakers$1,000,000
2002/03Los Angeles Lakers$1,000,000
2003/04Los Angeles Lakers$1,000,000
2004/05Los Angeles Lakers$1,000,000
2005/06Los Angeles Lakers$1,000,000
2006/07Los Angeles Lakers$1,000,000
2007/08Los Angeles Lakers$1,000,000
2008/09Los Angeles Lakers$1,000,000
Total Career Earnings:$38,342,860

Magic Johnson signed his first NBA contract at 20 years old, in 1979.

The deal was for 5 years, worth $2.3 million.

While that may not seem like much for the NBA, if we adjust for inflation, that same contract would be worth $9.8 million today.

Johnson’s first season with the Lakers earned him a base salary of $460,000.

In 1981, Johnson signed a new contract, with a deal never seen before in the NBA. 

The deal was for a total of $25 million, over 25 years, starting in 1984 and ending in 2009.

This meant that the Lakers would pay Magic Johnson a base salary of $1 million a year, even after he retired and up until he turned 50 years old.

Shaquille O’Neal called the contract the worst in NBA history, asking “How was that even legal?”

Considering that NBA players can often score their most valuable contracts after already finishing their first and second, it’s likely that Johnson’s earning potential was cut short.

Johnson said he was just happy to be getting paid a million dollars a year.

Although Magic Johnson retired in 1996, the Los Angeles Lakers still paid him his $1 million every year up until 2009.

His total NBA earnings amounted to $39 million.

 

Magic Johnson’s Net Worth

As of July 2024, Magic Johnson’s net worth is $1.2 Billion. 

One of the biggest issues professional athletes often have is managing their money correctly.

More than 65% of NBA players go broke within the first 5 years of retirement.

This goes to show just how smart Johnson has been with his finances; not only has he been able to keep his NBA earnings, but grow his wealth significantly through other endeavors.

In October 2023, Forbes listed Magic Johnson as a billionaire due to his impressive investment interests, including his 60% stake in the life insurance company Equitrust.

Whilst Johnson only made $40 million from his professional NBA career, his franchise investments, and ownership stakes in various companies including sports teams catapulted him to billionaire status.

 

Highlights

Here are some of the best highlights of Magic Johnson’s career:

  • NBA All-Rookie Team (1980)
  • 5x NBA champion (1980, 1982, 1985, 1987, 1988)
  • 3x NBA Finals MVP (1980, 1982, 1987)
  • 12x NBA All-Star (1980, 1982–1992)
  • All-NBA Second Team (1982)
  • 9x All-NBA First Team (1983–1991)
  • 3x NBA Most Valuable Player (1987, 1989, 1990)
  • 2x NBA All-Star Game MVP (1990, 1992)

 

Favorite Quotes from Magic Johnson 

“Everyone thought I was going to die like a year later, they didn’t know. So I helped educate sports, and then the world, that a man living with HIV can play basketball. He’s not going to give it to anybody by playing basketball.” – Magic Johnson

“Being able to touch so many people through my businesses and make money while doing it, is a huge blessing.” – Magic Johnson

“As an athlete, I understood the value of my health insurance. I knew that in my profession, injuries were common and could happen at any time.” – Magic Johnson

“Any guy who can maintain a positive attitude without much playing time certainly earns my respect.” – Magic Johnson

“I really want people to know that I’ve worked hard, very hard, to get to where I am today.. this didn’t just happen overnight. I started in business over 25 years ago and have found a way to build on what I’ve learned through every partnership and opportunity.” – Magic Johnson

“I tell people to look at me and understand that everybody first told me that I couldn’t be a 6-foot, 9-inch point guard, and I proved them wrong. Then they told me I couldn’t be a businessman and make money in urban America, and I proved them wrong. And they thought I couldn’t win all these championships, and I proved them wrong there as well.” – Magic Johnson 

 

3 Life Lessons from Magic Johnson 

Now that you know all about Magic Johnson’s net worth, and how he achieved success; let’s take a look at some of the best lessons we can learn from him: 

 

1. Make Some Time for Yourself 

If you don’t make the time for yourself to get inspired, no one around you will ever be inspired.

 

2. Have Discipline 

Have the discipline to clean out all the energy-draining people in your life. You really do rise or fall to the level of your associations.

 

3. Limits

Doing huge dreams we have never done can be frightening. Yet when we push to the edges of our limits, our limits expand.

 

Frequently Asked Questions

 

How much is Magic Johnson worth?

Magic Johnson’s net worth is estimated to be $1.2 Billion.
 

How old is Magic Johnson?

Magic Johnson was born on August 14, 1959, and is currently 64 years old.
 

How tall is Magic Johnson?

Magic Johnson’s height is 2.06 m, which is equal to 6 ft 9 in.
 

Summary

Magic Johnson is a retired American professional basketball player, counted among the greatest basketball players of all time.

Johnson is famous for his powerful arms, agility, and speed which helped him become one of the most formidable players in the world during the 1980s. 

As of July 2024, Magic Johnson’s net worth is estimated to be $1.2 Billion. 

What do you think about Magic Johnson’s net worth? Leave a comment below.

Emmy Wallin is a writer for Wealthy Gorilla. She is a young Swedish girl from Uppsala, who is currently traveling around the world. Emmy has a big passion for helping others and motivating people. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. She is the face behind the net worth profiles here on Wealthy Gorilla.

5 Comments

5 Comments

  1. Orlando Carter

    Mar 22, 2020 at 11:57 pm

    He been some I like as a person and proud of everything he has done and my number one fan in the world

  2. Delano Akins

    Mar 28, 2020 at 3:10 pm

    The Goat not really much else you can say you think what a great story for anyone to be inspired by

  3. Rev.Dr Martha E.Granger

    Apr 17, 2020 at 7:58 am

    I think Majic earned every dime he has, he is an inspiration to the sport of basketball and to African American People in particular and he’s not done yet! Majic has and always will be my favorite player, I like Landon,I liked Kobe but there was and is only one MAJIC!

  4. Yusuf Yahaya

    Apr 22, 2020 at 11:43 am

    I’m greatly inspired by the life of Magic Johnson’s.Despite testing positive to HIV he didn’t allow it to weigh him down.What a man.

  5. Leonardo Skinner

    May 20, 2020 at 12:30 am

    I think Magic Johnson is one of the most
    Inspiring humanitarian in the world today.

Leave a Reply

NBA Players

Kyle Kuzma Net Worth

Kyle Kuzma Net Worth Profile

What is Kyle Kuzma’s net worth? 

Net Worth:$20 Million
Age:28
Born:July 24, 1995
Gender:Male
Height:2.06 m (6 ft 9 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:Jul 15, 2024

Introduction 

Kyle Kuzma is an American professional NBA player for the Washington Wizards.

Kuzma grew up in Flint, Michigan, and attended the University of Utah, where he played college basketball for the Utah Utes. Soon after, the Brooklyn Nets selected him with the 27th overall pick and traded him to the Lakers on draft day.

As of July 2024, Kyle Kuzma’s net worth is estimated to be $20 Million.

 

Early Life

Kyle Alexander Kuzma was born on the 24th of July, 1995, in Flint, Michigan.

Kuzma grew up with his mother, a high school shot put champion, step-father Larry Smith, and step-siblings Andre and Briana.

He developed a passion for basketball after his parents installed a toy basketball rim for him when he was only two. He went to Swartz Creek Community School but soon transferred to Bentley High School.

 

Career 

Kyle Kuzma’s passion for basketball ignited when, at age two, his mother and stepfather put a toy basketball rim in the living room for him.

Kuzma drew inspiration from NBA stars Kobe Bryant and Kevin Durant and his mother, whose support and encouragement ignited his passion for basketball.

As a junior, he was transferred to Bentley High School, averaging 17.9 points, 14.4 rebounds, and 3.4 blocks per game. He averaged 22 points and seven rebounds per game during his senior year at Rise Academy, attracting Division I college offers.

 

Kuzma Joins Lakers Legends

In 2013, Kyle enrolled at the University of Utah, where he redshirted his freshman year to perfect his skills and adapt to collegiate-level competition.

While a junior in college, he averaged 16.4 points, 9.3 rebounds, and 2.4 assists per game, earning first-team All-Pac-12 honors. After his junior year in 2017, he decided to enter the NBA Draft and was selected 27th overall by the Brooklyn Nets.

On draft day, Kuzma decided to join LeBron James, Anthony Davis, and Russell Westbrook when he was traded to the Los Angeles Lakers.

He officially signed his rookie-scale contract with the Lakers on July 3, 2017, and, with ten rebounds, was named Summer League Championship Game MVP.

Kyle achieved his first double-double as a starter with 21 points and 13 rebounds and was named Western Conference Rookie of the Month for October/November.

 

Putting Up Big Numbers And Earning All-Rookie Honors

Later, in 2017, he scored a career-high 38 points and played in the Rising Stars Challenge during the 2018 NBA All-Star Weekend.

In 2018, he was named to the NBA All-Rookie First Team with fellow rookies Donovan Mitchell, Jayson Tatum, and Ben Simmons. He scored 37 points in a game against the San Antonio Spurs and 41 points in a game against the Detroit Pistons.

Given his exceptional play in the 2019 Rising Stars game, Kuzma was named MVP, demonstrating his potential to become a future NBA great.

Kuzma sealed a victory for the Lakers with a game-winning three-pointer against the Denver Nuggets, outshooting players Nikola Jokic, Jamal Murray, and Michael Porter Jr.

He won the 2020 NBA Championship with the Lakers and signed a three-year, $40 million contract extension on December 21, 2020.

 

Kuzma Outplays Kevin Love To Seal Wizards Win

Just a year later, on August 6, 2021, Kyle was traded to the Washington Wizards as part of a package for Russell Westbrook.

On October 20, 2021, he made his Wizards debut with 11 points, 15 rebounds, and three assists, establishing his influence immediately. Kyle secured a victory over Kevin Love of the Cavaliers by making four three-pointers in the fourth quarter, including two in the last thirty seconds.

In 2023, he scored 40 points against the New York Knicks, and in June, Kuzma declined a $13 million player option, entering free agency. However, only a few days later, Kyle signed a four-year, $102 million deal to remain with the Wizards on June 30, 2023.

 

Career Earnings & Salary

YearTeamSalary
2017/18Los Angeles Lakers$1,423,560
2018/19Los Angeles Lakers$1,689,840
2019/20Los Angeles Lakers$1,974,600
2020/21Los Angeles Lakers$3,562,178
2021/22Washington Wizards$13,000,000
2022/23Washington Wizards$13,000,000
2023/24Washington Wizards$25,568,182
Total Career Earnings:$60,218,360

NBA Salary

In 2017, Kyle Kuzma signed a four-year rookie contract worth $8.7 million with the Los Angeles Lakers. The deal was initially guaranteed for $3.1 million and fully guaranteed overall, with Kuzma earning $1.4 million in his first NBA season.

Kuzma would stay with the Lakers until 2021, earning $8.5 million in total.

In December 2020, just before leaving the Lakers, Kuzma had signed a three-year extension valued at $39 million. Shortly after, he was traded to the Washington Wizards, earning $13 million in 2021 and $13 million in 2022.

In 2023, he declined the third year of his contract to re-sign on a $19 million, four-year contract with the Wizards. The deal increased Kuzma’s average annual salary from $13 million to $22.5 million; in 2023, he earned $25.6 million.

There are still three years and $64.4 million remaining on the deal, with Kuzma estimated to earn $23.5 million in the upcoming 24/25 season.

Thus far in his NBA career, Kyle Kuzma has earned $60.1 million.

 

Kyle Kuzma Net Worth

As of July 2024, Kyle Kuzma’s net worth is estimated to be $20 Million.

 

How Does Kyle Kuzma Spend His Money? 

Kyle Kuzma spends some of his money on tattoos and lavish cars. 

 

Kyle Kuzma’s Tattoos 

Tattoos can cost a fortune, and Kazuma is very tattoed. 

 

Kyle Kuzma’s Cars 

One of his most notable cars is a Lamborghini Huracán Performante. 

 

Highlights 

Here are some of the best highlights of Kyle Kuzma’s career: 

  • First-team All-Pac-12 (2017)
  • NBA All-Rookie First Team (2018)

 

Favorite Quotes from Kyle Kuzma 

“I have a very high love for the game. My mom would always drop me off at the YMCA downtown in Flint, and I’d stay there all day. If she couldn’t take me, I’d take the bus there and be there until she’d pick me up when she got off work. I’ve always had a love for basketball.” – Kyle Kuzma

“My friends, they all say that I’m turning Hollywood. Big-time. And I want to be that. I want to be a guy who’s bigger than what they say. You look at Kobe. Michael Jordan. Somebody like Michael Jackson. Those guys are bigger than life. I strive to be that.” – Kyle Kuzma

“It was great to be in the gym with Kobe. He’s so particular about the game and… why and how things work. That’s one thing I kind of love about him. If you ask him something, he’s going to tell you A, B, C, and D, and how that affects each play.” – Kyle Kuzma

“You know how you’re in elementary school, and the teacher goes around the room and, like, ‘What do you want to be when you grow up?’ I said, ‘NBA player.’ And she’s like, ‘Well, OK. Maybe pick a real job.’ But I really believed it. I felt like I was meant to be here.” – Kyle Kuzma

“I was always thankful for the YMCA. Of course, growing up, you don’t really think about it because you’re in your own world when you’re a kid. But back then, it was just so much. I’m going to go the Y, hanging out, playing games all day, playing basketball.” – Kyle Kuzma

 

3 Life Lessons from Kyle Kuzma

Now that you know all about Kyle Kuzma’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him:

 

1. Success 

Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don’t quit.

 

2. Dreams 

Dreams can come true, but there is a secret. They’re realized through the magic of persistence, determination, commitment, passion, practice, focus, and hard work. They happen a step at a time, manifested over the years, not weeks.

 

3. Realize It’s Played 

This is the real secret of life – to be completely engaged with what you are doing in the here and now. And instead of calling it to work, realize it is played.

 

Frequently Asked Questions

 

How much is Kyle Kuzma worth?

Kyle Kuzma’s net worth is estimated to be $20 Million.
 

How old is Kyle Kuzma?

Kyle Kuzma was born on July 24, 1995, and is currently 28 years old.
 

How tall is Kyle Kuzma?

Kyle Kuzma’s height is 2.06 m, equal to 6 ft 9 in.
 

Summary

Kyle Kuzma is an American professional basketball player who has played in the NBA’s ‘Rising Stars Challenge’ twice in 2018 and 2019 and was named the MVP of the latter game for scoring a game-high 35 points.

He played in the NBA’s ‘Rising Stars Challenge’ twice in 2018 and 2019 and scored 35 points in the latter game, earning him the MVP award.

As of July 2024, Kyle Kuzma’s net worth is estimated to be roughly $20 Million.

What do you think about Kyle Kuzma’s net worth? Leave a comment below. 

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NBA Players

Kevin Love Net Worth

Kevin Love Net Worth Profile

What is Kevin Love’s net worth?

Net Worth:$100 Million
Age:35
Born:September 7, 1988
Gender:Male
Height:2.08 m (6 ft 10 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:Jul 15, 2024

Introduction 

Kevin Love is an American professional NBA player for the Miami Heat.

Love, one of the most successful basketball players in the NBA, claimed the NBA Championship with the Cavaliers in 2016. 

As of July 2024, Kevin Love’s net worth is estimated to be roughly $100 Million.

 

Early Life

Kevin Wesley Love was born on the 7th of September, 1988, in Santa Monica, California.

Love is the second of three children to Karen and Stan Love.

He grew up in Lake Oswego, Oregon, where he was childhood friends with fellow future NBA star Klay Thompson.

Love played basketball from his earliest days. As a child, he would practice his bounce passes with a cardboard box and study tapes of Wes Unseld.

His father further helped him improve his ball maneuvering and shooting skills. 

 

Career 

Kevin Love’s early success as a highly regarded talent at Lake Oswego High School in Oregon set the foundation for his NBA career.

He played one season of college basketball for the UCLA Bruins, leading the team to a Final Four appearance in the 2008 NCAA Tournament.

Love’s honors as the Pac-12 Player of the Year and First Team All-American at UCLA helped pave the way for his successful NBA career. While only at UCLA for one year, Kevin had already expressed his intention to enter the 2008 NBA Draft.

 

Love’s Award-Winning NBA Journey Begins

Not long after, the Memphis Grizzlies selected him fifth overall; he was then traded to the Timberwolves, joining Ricky Rubio and Jonny Flynn.

He made his NBA debut on October 29, 2008, against the Sacramento Kings, scoring 12 points and grabbing nine rebounds.

He was selected for the NBA All-Rookie second team along with Kevin Garnett, and he won gold with the team in the 2010 FIBA World Championship.

In 2011, Kevin was selected to play in his first NBA All-Star Game, joining Dwyane Wade, LeBron James, and Dwight Howard. He won the 2011 NBA Most Improved Player Award and set the record for the longest streak of consecutive games, recording double figures in points.

A year later, Love was named to the All-NBA Second Team and won a gold medal with the United States at the 2012 Summer Olympics.

 

Becoming Part Of The Big Three With LeBron James And Kyrie Irving

He became the first player to break the record for most points, rebounds, and three-pointers made in a single season in the NBA in 2013-14.

Kevin joined LeBron James and Kyrie Irving as part of the “Big Three” in 2014 after being traded to the Cleveland Cavaliers.

In 2016, he won his first NBA championship with the Cavaliers, helping the team return from a 3-1 deficit in the Finals.

That year against the Portland Trail Blazers, Kevin set an NBA record with 34 points in the first quarter, defeating Damian Lillard and Mason Plumlee. He was credited for his crucial defense of Stephen Curry in the final minutes of the 2016 NBA Finals, emerging victorious over the Warriors.

Kevin’s outstanding play in the games from November 21 to November 27, 2016, won him the title of Eastern Conference Player of the Week.

 

Overcoming Injury And Reaching Milestones

In 2017, he shared the honor of being selected to the NBA All-Star Games with notable players Stephen Curry, Russell Westbrook, and James Harden.

Despite suffering a fractured left hand in January 2018, he returned stronger in March and achieved his 1,000th career three-pointer. He also has advanced to five NBA Finals with the Cleveland Cavaliers, Kyrie Irving, and the Miami Heat’s Dwyane Wade and Chris Bosh.

In addition, Kevin transitioned to a reserve role in the 2021–22 season, finishing as runner-up for the Sixth Man of the Year award.

Kevin reached a contract buyout agreement with the Cavaliers and joined the Miami Heat with teammates Bam Adebayo and Kyle Lowry in February 2023.

He played a significant role in making it to the NBA Finals with the Miami Heat in 2023, marking his fifth NBA Finals appearance.

 

Career Earnings & Salary

YearTeamSalary
2008/09Minnesota Timberwolves$3,163,680
2009/10Minnesota Timberwolves$3,401,040
2010/11Minnesota Timberwolves$3,638,280
2011/12Minnesota Timberwolves$4,609,701
2012/13Minnesota Timberwolves$13,668,750
2013/14Minnesota Timberwolves$14,693,906
2014/15Cleveland Cavaliers$15,719,063
2015/16Cleveland Cavaliers$19,689,000
2016/17Cleveland Cavaliers$21,165,675
2017/18Cleveland Cavaliers$24,119,025
2018/19Cleveland Cavaliers$24,119,025
2019/20Cleveland Cavaliers$28,942,830
2020/21Cleveland Cavaliers$31,258,256
2021/22Cleveland Cavaliers$31,258,256
2022/23Miami Heat$3,114,138
2023/24Miami Heat$3,835,738
Total Career Earnings:$246,396,363

NBA Salary

In 2008, Kevin Love signed a four-year rookie contract worth $14.8 million with the Minnesota Timberwolves. The contract was guaranteed at signing at $6.6 million and was fully guaranteed overall.

Love earned $3.2 million in his first NBA season, a figure that gradually increased over the contract’s years, reaching $3.7 million in 2011.

In 2012, he signed a four-year maximum rookie extension with Minnesota worth $60.8 million. The deal was guaranteed $60.8 million, and Love’s average annual salary was $15.2 million. He played for two more seasons with the Timberwolves, earning $28.4 million before being traded to the Cleveland Cavaliers.

Love earned $15.7 million with the Cavaliers in 2014 before opting out of the fourth year of his contract with $16.7 million remaining and becoming a free agent. However, he re-signed with the Cleveland Cavaliers on a five-year, fully guaranteed $113.2 million contract.

He earned $87.6 million of the contract’s value before declining the fifth year, eventually resigning on a new four-year $120.4 million deal.

This increased his average annual salary to $30.1 million, with Love earning $89.7 million before once again declining the final year of the contract.

In 2022, he signed a one-year deal with the Miami Heat worth $3.1 million. Miami recently re-signed him to a two-year contract worth $8 million, expiring in 2025.

Thus far in his NBA career, Kevin Love has earned $269.7 million, of which $220.4 million came from playing with the Cavaliers.

 

Kevin Love Net Worth

As of July 2024, Kevin Love’s net worth is estimated to be roughly $100 Million.

 

More Current/Former Cleveland Cavaliers players:

 

How Does Kevin Love Spend His Money? 

Kevin Love spends some of his money on real estate. 

 

Kevin Love’s Home 

Love owns a beautiful apartment in New York. It comes in a modern style. 

 

Highlights 

Here are some of the best highlights of Kevin Love’s career: 

  • NBA champion (2016)
  • 5× NBA All-Star (2011, 2012, 2014, 2017, 2018)

 

Favorite Quotes from Kevin Love 

“I think any time you have Phil Jackson involved in any organization, you’re going to look at it definitely, and it’s definitely intriguing. The Knicks are definitely a place where anybody would like to go.” – Kevin Love

“When you’re on the court, there are certain things that you would do that you wouldn’t do off the court. You get off. You obviously have to be a gracious and humble person. When you are on the floor, be a team player. Championships are what you are defined by – legacy. Go about things the right way.” – Kevin Love

“I was lucky. A lot of people have that. People that don’t tell you what you want to hear, but what’s best for you. I was blessed with great friends. I was always blessed that way. My dad always kept good people around me. I just got lucky. Because of the spotlight, you’re in. People are scared to tell you otherwise.” – Kevin Love

“The more downtime we have, the more time you have to play games like ‘Ghost Recon Future Soldiers,’ so for me it’s a fun way to get integrated into video games and for me to have fun with my buddies and team up and go into battle with ’em, kind of like out there on the court.” – Kevin Love

“Luckily, I’m young, and I have a great training staff that helps me take care of my body day in and day out. You make sure you’re eating right. Make sure you’re hitting the iron, lifting as much as you possibly can. That’s easier said than done because we don’t have many practice days.” – Kevin Love

 

Frequently Asked Questions

 

How much is Kevin Love worth?

Kevin Love’s net worth is estimated to be $100 Million.
 

How old is Kevin Love?

Kevin Love was born on September 7, 1988, and is currently 35 years old.
 

How tall is Kevin Love?

Kevin Love’s height is 2.08 m, equal to 6 ft 10 in.
 

Summary

Kevin Love is an American professional basketball player ranked among the top players in the nation for the class of 2007.

Love was named the Pac-10 Conference Player of the Year and consensus First Team All-American following the season. He was also a gold-medal-winning United States national team member at the 2010 FIBA World Championship. 

As of July 2024, Kevin Love’s net worth is estimated to be roughly $100 Million. 

What do you think about Kevin Love’s net worth? Leave a comment below. 

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NBA Players

Andre Drummond Net Worth

Andre Drummond Net Worth Profile
Net Worth:$40 Million
Age:30
Born:August 10, 1993
Gender:Male
Height:2.08 m (6 ft 10 in)
Country of Origin:United States of America
Source of Wealth:Professional Basketball Player
Last Updated:Jul 15, 2024

What is Andre Drummond’s net worth? 

Introduction 

Andre Drummond is an American professional NBA player for the Philadelphia 76ers.

Drummond was selected by the Pistons in the first round of the 2012 NBA draft with the ninth overall pick. A two-time NBA All-Star, he has led the league in rebounding three times and has been named to the All-NBA Third Team.

As of July 2024, Andre Drummond’s net worth is estimated to be roughly $40 Million.

 

Early Life

Andre Jamal Drummond was born on the 10th of August, 1993, in Mount Vernon, New York.

He attended Woodrow Wilson Middle School before starting high school at Capital Preparatory Magnet School in Hartford, Connecticut.

Drummond averaged 12.7 points, 11.9 rebounds, and 6.5 blocks per game during his freshman year. He improved during his sophomore year at Capital Prep, averaging 20.2 points, 16.6 rebounds, 7.2 blocks, and 4.5 steals per game.

 

Career 

American basketball player Andre Drummond is most well-known for his selection by the Chicago Bulls and his exploits at the Detroit Pistons.

Drummond was selected to Detroit’s NBA All-Rookie second team, making him among the best basketball players in the 2011 high school class.

Several scouts, including LeBron James, took notice of his dominant performances in the NBA, especially his defensive and rebounding abilities.

 

Drummond’s Basketball Journey Begins

He participated in the 2010 FIBA Under-17 World Championship with Bradley Beal and helped the United States capture the gold medal.

Andre surprised John Calipari, who assumed he would coach him, by deciding to attend the University of Connecticut instead of Kentucky, sparking a media frenzy.

In his first game back at college, he impressed Ray Allen, a former UConn player, by scoring a career-high 24 points against Holy Cross. After one season at UConn, he entered the 2012 NBA Draft, and with the help of Kemba Walker, the Detroit Pistons selected him.

Drummond debuted with the Detroit Pistons on October 31, 2012. The following year, Drummond and fellow rookie Damian Lillard celebrated a career turning point when they were named to the NBA All-Rookie Second Team.

Soon after, he scored 30 points and grabbed 25 rebounds in the 2014 Rising Stars Challenge, which Shaquille O’Neal praised.

 

Battling LaVine In Dunk Contest

Drummond was selected as the Rising Stars Challenge MVP as part of the NBA All-Star Weekend, further enhancing his already thriving career.

In 2014, Anthony Davis was impressed with Andre’s performance against the Pelicans when he scored 20 points and pulled down 20 rebounds. He then defeated the Miami Heat with a then-career-high 32 points, and Kobe Bryant congratulated him on being selected as an NBA All-Star in 2016.

That year, he participated in the 2016 NBA Slam Dunk Contest with Zach LaVine, who won and successfully defended his title from the previous year.

Despite losing the NBA Slam Dunk Contest, he set an NBA record by missing 23 free throws in a game, breaking Wilt Chamberlain’s record.

After Drummond re-signed with the Pistons on a five-year, $130 million contract, he became the second-youngest player to surpass 4,000 rebounds, behind Kevin Durant.

 

Joining The Bulls And Breaking Records

He was named a replacement in the 2018 NBA All-Star Game, replacing John Wall, and exceeded Bill Laimbeer’s record for offensive rebounds in 2019.

While achieving a 32-point, 23-rebound game in the 2019 opener, Drummond was traded to the Cavaliers in February 2020, joining Kevin Love.

The following year, he reached a buyout agreement with the Cavaliers, which led to free-agent interest from LeBron James. He signed with the Lakers in 2021.

That year, he signed with the 79ers, playing alongside Joel Embiid, but was traded to the Nets in 2022 in a deal involving James Harden.

After joining the Bulls in 2022, he achieved unprecedented success. In November 2023, he tied Tim Duncan’s record with his 10,000th career rebound.

 

Career Earnings

YearTeamSalary
2012/13Detroit Pistons$2,356,320
2013/14Detroit Pistons$2,465,400
2014/15Detroit Pistons$2,568,360
2015/16Detroit Pistons$3,272,091
2016/17Detroit Pistons$22,116,750
2017/18Detroit Pistons$25,434,263
2018/19Detroit Pistons$25,434,263
2019/20Cleveland Cavaliers$27,093,019
2020/21Los Angeles Lakers$794,536
2021/22Brooklyn Nets$1,669,178
2022/23Chicago Bulls$3,200,000
2023/24Chicago Bulls$3,360,000
Total Career Earnings:$119,764,180

 

Endorsements

Andre Drummond has earned an estimated $1 million annually from endorsement income for the last several years.

In 2014, Drummond signed a deal with the Jordan brand. However, the specifics of the contract were never publicly disclosed. Today, he often plays wearing Nike LeBron shoes, but at the time, he graced the court in the Air Jordan 10 shoe.

Other companies that have sponsored Drummond include Anheuser Busch, AT&T, Electronic Arts, JBL, and Panini.

In 2015, he began working with JBL to promote their headphones, a product professional athletes commonly endorse. In 2018, Drummond extended his relationship with JBL, appearing in several commercials for the company. He also worked with actor Terry Crews for an AT&T commercial that year.

 

Andre Drummond Net Worth

As of July 2024, Andre Drummond’s net worth is estimated to be roughly $40 Million.

 

Highlights 

Here are some of the best highlights of Andre Drummond’s career:

  • NBA All-Rookie Second Team (2013)
  • NBA Rising Stars Challenge MVP (2014)
  • All-NBA Third Team (2016)
  • 2× NBA All-Star (2016, 2018)

 

Favorite Quotes from Andre Drummond 

“That’s the way he plays. There are no hard feelings. It’s like playing with your best friend. You can talk if you want. It doesn’t mean you mean it.” – Andre Drummond

“Well, you know for me, I don’t really get into that stuff. That’s more front office deals and what they take care of. My job is to just focus on basketball, and you know, I don’t really get a chance to really pick and choose who I play with. So I’m just excited to play with the guys who I have now, and I’m very content with the players that I have too.” – Andre Drummond

“Definitely Nate Nixen. He’s one of them that I really enjoy listening to. He has a lot of great stuff. I’d go with Rico Will, Peezy, my uncle Trick Trick. Snap Dogg is one of my favorite rappers out here, too.” – Andre Drummond 

“Yeah. Slowly but surely, I’ve been putting stuff on my SoundCloud page. I don’t want to put too much stuff out yet. Obviously, I still play basketball. So I don’t want people to get it twisted and think that I’m more focused on music than I am on basketball.” – Andre Drummond 

“It’s every kid’s dream to play with the best player in the world. … This is an incredible time in my career to play with LeBron James instead of against him … Hopefully, things go the right way, and we’ll try to run it back again.” – Andre Drummond 

“Yeah, just how tough he was. He played strong and hard every night, and I would not want to play against him during his prime. He was elbowing people in their chest. He’s not about to violate me, bro. I’m gonna fight. We gotta fight, bro. He was disrespectful, and he dumped on people.” – Andre Drummond 

 

Frequently Asked Questions

 

How much is Andre Drummond worth?

Andre Drummond’s net worth is estimated to be $40 Million.
 

How old is Andre Drummond?

Andre Drummond was born on August 10, 1993, and is currently 30 years old.
 

How tall is Andre Drummond?

Andre Drummond’s height is 2.08 m, equal to 6 ft 10 in.
 

Summary

Andre Drummond is a well-known American basketball player named an NBA All-Star in 2016.

Over the years, he has evolved into one of the best basketball stars in the nation. Drummond has been among the league leaders in rebounding. He was a member of the 2014 U.S. national team that won a gold medal in the FIBA Basketball World Cup.

As of July 2024, Andre Drummond’s net worth is estimated to be roughly $40 Million. 

What do you think about Andre Drummond’s net worth? Leave a comment below. 

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