What is Davon Reed’s net worth?
|Net Worth:||$2 Million|
|Born:||June 11, 1995|
|Country of Origin:||United States of America|
|Source of Wealth:||Professional NBA Player|
|Last Updated:||November 29, 2022|
Davon Reed is an American professional basketball player who is currently a small forward for the NBA’s Denver Nuggets.
Reed was the 32nd overall selection in the 2017 NBA Draft after spending his college career with the University of Miami in Coral Gables, Florida.
As of February 2023, Davon Reed’s net worth is estimated to be $2 Million.
Davon Reed Facts
- Born and raised in New Jersey, playing at Princeton Day School before college.
- Attended the University of Miami from 2013 to 2017, playing four seasons for the Hurricanes.
- Reed was drafted in the early second round (32nd overall) by the Phoenix Suns in the 2017 NBA Draft.
- Made his NBA debut on January 14, 2018 against the Indiana Pacers and recorded one rebound.
- Currently plays for the Denver Nuggets after signing a two-year contract prior to the 2022-23 season.
Davon Malcolm Reed was born June 11, 1995 in Ewing Township, New Jersey and grew up in the state.
Reed attended high school in nearby Princeton, New Jersey at Princeton Day School where set the school record for most career points.
Due to his performance, Reed received several major scholarship offers that included Wake Forest and Xavier before deciding to attend the University of Miami.
Reed spent all four seasons at Miami where he was named to the All-ACC Third Team and All-Defensive Team while also earning the Skip Prosser Award for Scholar Athletes.
Following his NCAA career, Davon Reed was drafted in the second round (32nd overall) by the Phoenix Suns in 2017.
Reed signed a multiyear two-way contract with the Suns but played in just 21 games for the team before he was waived prior to the 2018-19 season as he spent most of his time with the G League’s Northern Arizona Suns.
Shortly after being waived, Reed signed another two-way contract, this time with the Indiana Pacers, and appeared in 10 games with the team.
Reed spent the next two seasons between the NBA G League as a member of the Sioux Falls Skyforce while also playing in Taiwan with the Taoyuan Pilots.
In the summer of 2021, Reed signed with the Denver Nuggets and forged a roster spot for himself, and has been with the franchise ever since.
Davon Reed’s Career Earnings
Davon Reed was able to make a solid salary during his rookie season because he was drafted, though his earnings weren’t fully guaranteed as part of a two-way contract.
Prior to the 2022-23 season, Reed signed his largest contract to date by signing a two-year deal with Denver worth the free agent veteran minimum of just under $4 million total with half of the money guaranteed.
The figures of Davon Reed’s earnings are based on his publicly announced contracts, but are not guaranteed to be 100% accurate.
Here’s an estimated overview of Davon Reed’s career earnings:
- Davon Reed’s Salary In 2017 – $815,615
- Davon Reed’s Salary In 2018 – $752,250
- Davon Reed’s Salary In 2019 – $125,000
- Davon Reed’s Salary In 2020 – $400,000
- Davon Reed’s Salary In 2021 – $532,398
- Davon Reed’s Salary In 2022 – $1.9 Million
Davon Reed is scheduled to make just over $2 million in the 2023-24 season and will become an unrestricted free agent, which would allow him to sign with the highest-bidding team.
Davon Reed’s Net Worth Annually
Throughout the first part of his career, Davon Reed was earning minimal money from basketball, but it was enough for him to live on.
Since then, Reed has been able to increase his net worth and become more financially secure thanks to his two-year contract with the Nuggets.
The figures of Davon Reed’s net worth are estimated in regard to his NBA salaries and endorsements and are not guaranteed to be 100% accurate.
Here’s a breakdown of Davon Reed’s annual net worth:
- Davon Reed’s Net Worth In 2017 – $500,000
- Davon Reed’s Net Worth In 2018 – $850,000
- Davon Reed’s Net Worth In 2019 – $900,000
- Davon Reed’s Net Worth In 2020 – $1 Million
- Davon Reed’s Net Worth In 2021 – $1.3 Million
- Davon Reed’s Net Worth In 2022 – $2 Million
Davon Reed is the son of Rose and David Reed, with his father teaching him basketball at a very young age.
Reed is believed to currently be single, and any past relationships have been kept extremely private on social media as he has instead focused on his basketball career.
Maintaining a solid relationship with his parents, Davon Reed is spotted with them frequently, especially as his mother serves as his career manager.
Awards & Achievements
Davon Reed was a highly decorated prospect coming out of high school, and was given a four star rating by Rivals.
Reed achieved quite a bit while he was playing basketball at Miami, which led to him being drafted into the NBA.
So far in his career, Davon Reed has played for three NBA teams and is considered a great veteran presence in the league.
Here are some of the awards and achievements from Davon Reed’s career:
- Named to the All-ACC Third-Team in 2017.
- Helped the Indiana Pacers reach the NBA Playoffs in the 2018-19 season.
- Became the first NBA G League player to have 500 points, 250 rebounds, and 150 assists.
- Averaged 14.9 points and 4.8 rebounds per game during his senior season at Miami.
- Signed a multi-year contract with the Denver Nuggets before the 2022-23 NBA season.
Davon Reed has gone against elite talent in college and in the professionals, showing that he belongs with the world’s best players on the court.
Reed hopes he’ll get more playing time during his career and achieve his goals of becoming an All-Star and winning an NBA Finals.
How Does Davon Reed Spend His Money?
Due to his early contract with the Phoenix Suns being at the league minimum, Davon Reed isn’t one of the richest NBA players in the world, but is now earning seven figures.
Davon Reed has never had an interest in owning one of the most expensive cars in the world and tends to save his money, even opting to dress frugally.
Now that he has a multiyear deal in the NBA that’s worth a maximum of nearly $4 million, time will tell if Reed’s is shopping for one of the most expensive houses in the world due to his increased net worth.
Reed is in the prime of his career, and while he’s not making as much as teammate Nikola Jokic, Reed should be able to see another big contract worth millions.
Davon Reed started playing basketball shortly after he was able to walk and has been playing at an organized level ever since, including against the best players in the world.
Along the way, Reed has been able to accomplish a lot and doesn’t see himself as a “fringe” NBA player, but rather someone that can make an impact.
Here are some of the best highlights of Davon Reed’s career:
- Set a career high with 17 points against Golden State on March 7, 2022.
- Attended the University of Miami for four seasons and averaged 14.9 points per game in his senior season.
- Was named a Third-Team All-ACC and All-Defensive member in 2017.
- Drafted by the Phoenix Suns in 2017 with the 32nd overall pick.
- First NBA G League player with 500 points, 250 rebounds, and 150 assists.
Not all players that end up getting drafted end up forging long NBA careers, especially those that were drafted in the second round.
Now in his sixth season as a professional player, Reed is looking to add NBA Champion and All-Star to his list of career highlights.
Favorite Davon Reed Quotes
Davon Reed has been very outspoken about his upbringing and how his parents have helped him exceed in basketball and kept him humble.
Reed is always looking to improve his career, often talking about how he wants to be considered a basketball player for many years to come.
Here are our favorite quotes from Davon Reed:
- ” I’m grateful for what I have, but I have so much more to show.” – Davon Reed
- ” My expectation is to come out here and lead my team.” – Davon Reed
- ” If I had to (do it) all again, I’d do it the same way.” – Davon Reed
- ” I don’t put any limitations on myself.” – Davon Reed
- ” It’s hard work (but) it’s exactly what I expected. ” – Davon Reed
3 Amazing Lessons From Davon Reed
Davon Reed wasn’t considered one of the top NBA prospects when he was coming out of college, but proved he’s worthy of a permanent roster spot.
Many thought that Dedmon wouldn’t last since he was brought in as a replacement player, but is now on a multiyear deal with a great organization.
Now that you know all about Davon Reed’s net worth, there are a lot of things to be learned from a player that was able to make the jump from the G League to the NBA.
Here are some of the best success lessons to learn from Davon Reed:
1. Have A Good Support System
There are a lot of NBA players that fall into a trap of having their decisions made by high-profile agents and an entourage, but that’s not the case for Reed.
Instead, Reed keeps things tight and surrounds himself with his family, namely his two parents that raised him in New Jersey.
Reed’s mother serves as his manager and the family has stayed tightknit as Reed has spent his career around the NBA and even around the world.
2. Stay Humble
Even when he was getting dozens of scholarship offers in high school, Reed maintained a strong focus on his academics and, in his words, stayed “hungry and humble.”
That type of humility allowed Reed to prepare himself in life if the NBA didn’t work out as he became one of the best scholar athletes in the nation.
People can be humble and still have confidence in their abilities, and Davon Reed is able to find that balance in his life.
3. Never Give Up
Davon Reed was quickly released by the NBA team that drafted him, and it would’ve been easy for him to quit basketball after being sent to the G League.
Instead, Reed kept his head down and continued to work, even playing professionally everywhere from Taiwan to Grand Rapids, Michigan.
Eventually, Reed was able to find himself with playing time and showed that he’s a good shooter that can play four positions on the court, earning himself an NBA roster spot.
Davon Reed had to prove himself in the NBA to earn a roster spot, and he’s shown over the years that his tenacity will keep him around in the league for years to come.
Reed’s leadership can’t be understated in the NBA, and he’s earned his nickname Mr. Reliable during his playing career.
Now on his fourth team in the NBA, Reed is searching for his first NBA championship, and playing with the Denver Nuggets gives him a good chance of achieving that.
As of February 2023, Davon Reed’s net worth is estimated to be $2 Million.