How Steph Curry Achieved a Net Worth of $130 Million From Basketball

Even though he averaged 25.3 points per game during his college career, before Wardell Stephen Curry II joined the NBA via the Golden State Warriors in 2009, he was not so popular. However, in recent years, that has changed. Steph Curry is now considered one of the greatest players in the history of the NBA, as well as the greatest shooter in the game’s history, and he has the net worth to match his reputation.

The Akron, Ohio-born basketball player has a net worth of $130 million, which makes him one of the wealthiest athletes on the planet. He has been able to amass his wealth via various means, including mega salaries as an NBA superstar, as well as other ventures.

We discuss how Steph Curry achieved his $130 million net worth in detail below.

How Did Steph Curry Achieve his Net Worth of $130 Million?

6 feet 3 inches tall Steph Curry has spent more than a decade in the NBA. In that time, he has gone from unknown rookie to three-time NBA champion, two-time NBA Most Valuable Player, and six-time NBA All-Star. Also, he has seen his wealth go from a paltry couple of millions to a net worth of well over $100 million.

This change in his wealth has been down to a combination of different sources like his salary as a basketball player in the NBA, massive endorsement deals, and business ventures.

NBA Salary

When Steph Curry joined the big league in 2009, he signed a two-year contract worth $5.62 million. After an impressive debut season, he signed a one-year extension for $3.11 million. In his first three years as a professional player, he averaged about $3 million in salary per year until 2012, when he signed a four-year contract for $44 million.

Steph Curry’s rookie contract did enough to boost his bank account balance and give him a lifestyle incomparable to his college days. His contract worth $44 million, however, was the first significant boost to his net worth. With the contract, the Golden State Warriors’ star shooter averaged more than $10 million in yearly salary.

At the end of the contract in 2016, following a period of negotiations, Steph Curry signed the largest contract in the history of the NBA for $201.2 million across five years. The mega salary shot him to the top three highest-paid players in the league. It fetched him an average of $40 million in yearly salary.

So far, Steph Curry has amassed his impressive $130 million net worth by earning more than $168.4 million in salary, with an additional $88 million+ to come in the 2020-21 and 2021-22 seasons.

At the end of his current contract, the acclaimed greatest shooter in NBA history would have earned more than $257 million in salary, averaging $11 million per year over 13 years.

READ   Peyton Manning - Net Worth in 2020, Wife & Kids

Endorsement Deals

While his salary is undoubtedly a huge contributor to his net worth, the growth of Steph Curry’s reputation over the years has fetched him several endorsement deals. He is currently believed to earn a lot in endorsement deals.

Steph’s $130 million net worth was also derived from mega endorsement deals with brands like Palm, Infinity, Chase, Brita, Rakuten. His Rakuten contract alone fetches him $20 million a year. In total, he is believed to earn up to $42 million a year from his endorsements.

Steph Curry Net Worth
Steph Curry has made a lot of money from leading GSW to multiple titles

His biggest deal, however, is his shoe deal with Under Armour. He signed the agreement with the company in 2013 for a reported $4 million a year. Contract renewal in 2015 reportedly brought his earnings from Under Armour well above $4 million and included an equity stake in the company.

How much Under Armour contributes to Steph’s net worth per year is unknown. But, with fellow high earners like LeBron James and Kevin Durant earning more than $300 million from the shoe deal, his deal with the brand is believed to be worth hundreds of millions of dollars.

Business Ventures

Like most basketball players, Steph Curry isn’t waiting to retire before investing his money in various businesses, including those set up by himself.

He has ventured into entertainment with his company, Unanimous Media. The company has a development deal with Sony Pictures. It has already released a couple of projects, such as Breakthrough and Emanuel.

He also has investments in the startup, Slyce, and has invested in real estate. He owns two homes in California, which he bought for $31 million and $3.2 million each. He sold one of his properties, an Alamo, California mansion for $6.3 million in January 2019. He bought the property for $5.775 million.

See Also: Scottie Pippen’s Net Worth And How Much He Made In His NBA Career

How He Spends His Money

While he is renowned for keeping a humble air around himself when it comes to his wealth, the Golden State Warriors point guard has been known to splurge the cash occasionally.

Some of his luxurious buys include a collection of luxury cars, such as a Porsche GT3, A Panamera, a Range Rover, and a Mercedes G55.

As mentioned earlier, he also spends on real estate, including his residential home in California, which cost $31 million.

Another way Steph Curry spends his money is philanthropy. The basketball player has donated a lot of money to various charity organizations, including NBA Cares, United Nations Foundation and the Animal Rescue Foundation.

Adeola Seun
Adeola Seun
Seun is a CCNA certified graduate of FUTA. He has been writing on various subjects that include finance, economics, celebrity net worth, lifestyle, biographies and politics for over 7 years, Other than writing, he enjoys movies, video games, and sports

Recommended

Making Sense Of Angelina Jolie And Brad Pitt’s Divorce

No one likes divorce, but, sadly, it happens for several different reasons. Best couples are no different; we've seen marriages between lovebirds crash when...

14 Corrupt Billionaires Who Have Served Jail Time

One would like to think that being a billionaire would at least solve the problem of greed, instead, the reverse is the case for...

10 Instagram Fitness Models Who Are Raking In Millions Online

Instagram was launched only about a decade ago, but today, with its more than half a billion users, it has since joined the big...

Who Are Charles Barkley’s Wife and Kids and What is His Net Worth?

Charles Barkley is famous for being one of the most phenomenal American basketball players of all time. As an NBA player, he was nicknamed...

See If These 20 Most Expensive Movies Made In The Past Decade are Worth It

In a bid to satisfy the increasing appetites of movie critics and viewers and also outdo their previous performances, filmmakers, over the past decade,...

Top 26 World’s Most Expensive Houses And Their Owners

Have you ever wondered what the finest and most expensive houses could look like? Then here, with combined information from Forbes, we bring you images...

Jimmy Fallon – Family Life, Late Night Show & Net Worth in 2020

Jimmy Fallon is an actor, comedian, television host, producer, and singer best known for his time as cast on the SNL and as the...

More From Justrichest

Inside Jay Leno’s Massive Car Collection, Net Worth & Family Life

Jay Leno is without doubt, one of the finest and most mature entertainers America has ever produced. A multiple award-winning stand-up comedian, writer, TV...

12 Biggest and Most Expensive Homes of Extravagant Footballers In 2020

The huge and decent earnings of footballers grant them the audacity to exemplify lavish spending and also enable them to sustain every aspect of...

Jessica Nigri Net Worth: How Much Money Does The Cosplayer Make?

Jessica Nigri is a well-known American cosplayer. For the benefit of those who don’t know, Cosplay is derived from the words costume and play....

20 Strongest and Most Powerful Currencies in The World (Updated 2020)

According to World Atlas, there are 180 currencies in circulation that are recognized by the United Nations across the wide world and these are...

Featured Today

Little Known Facts About Kristen Welker’s Career, Parents and Husband

Those who can tell a thing or two about Kristen Welker will quickly point out that she is a media personality known for her...

Who Is Sibylle Szaggars, What Does She Do and How Did She Meet Robert Redford?

The founder of the biggest independent film festival in the US Robert Redford is no doubt a big name in Hollywood. Apart from his...

Shirley Ann Jones – Bio, Family & Facts About Jerry Van Dyke’s Wife

The veteran comedic actor Jerry McCord Van Dyke died on January 5, 2018, after an eventful career that lasted over five decades. He was...

What Is Wrong With Barron Trump, Is He Really Autistic? Where Is He Now?

Autism is prevalent and can affect people of all ethnic, racial and socioeconomic groups. The disorder, which limits a person's ability to relate and...

Nurdian Cuaca – Bio, Kids & Facts About Jamie Chua’s Ex-Husband

Nurdian Cuaca is an Indonesian businessman who is renowned for his immense wealth and penchant for business. He is reported to have chains of...

Related Stories