NBA Players

Magic Johnson Net Worth

Published

2 years ago

Mar 8, 2024

Net Worth:	$1.2 Billion
Age:	66
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:	Dec 8, 2025

Table of Contents

Introduction

Magic Johnson Jr. is an American former professional NBA player with an estimated net worth of $1.2 Billion.

Quick Facts

Earned $39.3 million during his NBA career
Peak annual salary of $3.1 million in 1988
Signed a 25-year, $25 million extension with the Los Angeles Lakers
The contract paid him $1 million/year until the age of 50

Estimated Net Worth

In 2024, Magic Johnson’s net worth is $1.2 Billion.

One of the most significant issues professional athletes often have is managing their money correctly. Over 65% of NBA players go broke within the first five years of retirement. This shows just how smart Johnson has been with his finances; not only has he been able to keep his NBA earnings, but he has also grown 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.

While 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.

NBA Earnings & Contracts

Year	Team	Salary
1979/80	Los Angeles Lakers	$460,000
1980/81	Los Angeles Lakers	$460,000
1981/82	Los Angeles Lakers	$460,000
1982/83	Los Angeles Lakers	$460,000
1983/84	Los Angeles Lakers	$460,000
1984/85	Los Angeles Lakers	$1,000,000
1985/86	Los Angeles Lakers	$2,500,000
1986/87	Los Angeles Lakers	$1,000,000
1987/88	Los Angeles Lakers	$2,500,000
1988/89	Los Angeles Lakers	$3,142,860
1989/90	Los Angeles Lakers	$1,000,000
1990/91	Los Angeles Lakers	$2,400,000
1991/92	Los Angeles Lakers	$2,500,000
1992/93	Los Angeles Lakers	$2,500,000
1993/94	Los Angeles Lakers	$2,500,000
1994/95	Los Angeles Lakers	$1,000,000
1995/96	Los Angeles Lakers	$1,000,000
1996/97	Los Angeles Lakers	$1,000,000
1997/98	Los Angeles Lakers	$1,000,000
1998/99	Los Angeles Lakers	$1,000,000
1999/00	Los Angeles Lakers	$1,000,000
2000/01	Los Angeles Lakers	$1,000,000
2001/02	Los Angeles Lakers	$1,000,000
2002/03	Los Angeles Lakers	$1,000,000
2003/04	Los Angeles Lakers	$1,000,000
2004/05	Los Angeles Lakers	$1,000,000
2005/06	Los Angeles Lakers	$1,000,000
2006/07	Los Angeles Lakers	$1,000,000
2007/08	Los Angeles Lakers	$1,000,000
2008/09	Los 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 five years, worth $2.3 million. While that may not seem like much for the NBA, if we adjust for inflation, that 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, a deal never seen before in the NBA. The deal was for $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 until he turned 50.

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, Johnson’s earning potential was likely 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 yearly until 2009. His total NBA earnings amounted to $39 million.

Magic Johnson Enterprises

Magic Johnson Enterprises, an investment company, was formed in 1987 by Magic himself. In its early days, the company 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 $27 million. Today, the company provides strategic partnerships, direct company investments, and marketing services. Companies also hire Johnson to speak at events, delivering an estimated 40 speeches per year.

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)

NBA Players

Ja Morant Net Worth

Ja Morant has earned a fortune in a very short time and became a seriously wealthy basketball player while still in his early 20s.

Published

1 week ago

Nov 30, 2025

John Mulder

Net Worth:	$80 Million
Age:	26
Born:	August 10, 1999
Gender:	Male
Height:	1.88m (6 ft 2 in)
Country of Origin:	United States of America
Source of Wealth:	Professional NBA Player
Last Updated:	Dec 7, 2025

Table of Contents

Introduction

Ja Morant is a professional NBA player for the Memphis Grizzlies with an estimated net worth of $80 Million.

Quick Facts

Projected to earn $39.4 million in salary for the 2025/26 season
Lifetime earnings total $149.8 million from salary
Signed a 5-year, $197.2 million contract with the Memphis Grizzlies in 2023
Purchased a $1.3 million home for his parents in 2019

Net Worth History

Here’s a breakdown of Ja Morant’s annual net worth:

2018 – $15 Million
2019 – $40 Million
2020 – $71 Million
2021 – $76 Million
2022 – $80 Million
2023 – $80 Million

NBA Salary

Year	Team	Salary
2019/20	Memphis Grizzlies	$8,730,240
2020/21	Memphis Grizzlies	$9,166,800
2021/22	Memphis Grizzlies	$9,603,360
2022/23	Memphis Grizzlies	$9,603,360
2023/24	Memphis Grizzlies	$34,005,250
Total Career Earnings:		$71,109,010

In 2019, Ja Morant signed a four-year, $39.6 million rookie contract with the Memphis Grizzlies. For his first season in the league, Morant earned $8.7 million, but by the end of the contract, he was earning $12.1 million per year.

Once the contract was up, Morant secured a lucrative five-year, $197.2 million extension with the team, which is currently the 22nd-highest-value active contract in the NBA. This deal commenced in the 2023/24 season, earning Ja approximately $34 million that year. Thus far, including this season, Morant has earned $110.2 million under the deal, bringing his career earnings to $149.8 million after just seven NBA seasons.

After the 2025/26 season concludes, Ja Morant will still have two years remaining on the contract, which are projected to earn him an additional $87 million, bringing his lifetime salary to $236.9 million by the end of the 2027/28 season.

Endorsement Deals

It really didn’t take long for Ja Morant to begin earning impressive stacks of cash off the court. His newfound stardom on the Grizzlies roster has secured him several lucrative partnerships with brands such as Beats by Dre, Bodyarmor, Hulu, Nike, Powerade, and PSD. The financial details behind these endorsements are incredibly speculative, but here are the most notable deals that the athlete has struck.

Nike Contract

Morant was signed by Nike right off the bat ahead of his rookie NBA season in 2019. New athletes typically earn low six-figure sums when first signing with Nike in their rookie years. However, by 2022, Ja Morant had already launched his first signature shoe with the company. The ‘JA’ basketball shoe is now on its third iteration and has been released in several colorways.

What’s interesting about this deal is that multiple sources are reporting Ja’s Nike income at $12 million per year. They also state that he began earning this figure in 2019, which is unheard of for a rookie. This $12 million number keeps popping up, but we were unable to verify the original source. Some outlets list the agreement as a multi-year deal worth $12 million overall, which is more likely.

Powerade Endorsement

Ja Morant became the face of Powerade in 2023, and the brand began putting together an ad campaign coined “What 50% More Means.” Powerade was preparing to pump $10 million into the campaign and radio and National television advertisements. Still, just days after the announcement, Morant hosted an Instagram Live video on his personal account, where he was seen pulling out a gun at a party.

As a result, Powerade pulled the campaign, but didn’t sever their partnership with the athlete. The NBA later fined Morant $75,000 for the incident, and he gave a public statement claiming that it was his Second Amendment right to bear arms.

In a similar scenario to his Nike contract, multiple reports suggest that the Powerade endorsement was either worth $10 million per year or $10 million overall. In either case, we were unable to verify these figures ourselves, but $10 million per year is highly unlikely for such a contract.

Real Estate

In August 2019, Ja Morant bought his parents an 8,987-square-foot, six-bedroom home in Eads, Tennessee, for $1.33 million. The property sits on 7.4 acres and features a home cinema room and games room. Based on recent estimates, the home’s current value is roughly $2.1 million.

According to reports and public records, in August 2022, Ja Morant paid $3.05 million for a 12,862-square-foot, seven-bedroom, eleven-bathroom mansion located close to his parents’ home in Eads. This property spans 6.45 acres and features amenities such as a home theater, games room, sauna, outdoor pool, and barbecue area. Recent estimates place the property’s current value at roughly $3.33 million, with annual property taxes of $29,000.

Expenditure

Ja recently paid $350,000 for a brand-new Aston Martin Vantage and also has a $1 million Rolls-Royce Dawn. He has a Mercedes-Benz A-Class, a Porsche Cayenne, and a Ferrari Roma locked away as well, so he’s not short of cars to choose from.

Summary

Ja Morant is a promising, extremely skilled basketball player who has made a strong impact on the professional scene early in his career.

Overall, Morant’s career so far can inspire and provide valuable lessons for any player looking to enter professional sports. After he was named the Ohio Valley Conference Player of the Year in both 2018 and 2019 and then drafted by the Memphis Grizzlies, he hasn’t put a foot wrong.

His fans are looking forward to watching him develop into a mature player who will continue to provide entertaining basketball throughout the remainder of his career.

NBA Players

Cade Cunningham Net Worth

Point guard for the Detroit Pistons, Cade Cunningham, has made millions as one of the best players in the NBA.

Published

3 weeks ago

Nov 20, 2025

Shawna

Net Worth:	$15 Million
Age:	24
Salary:	$13.9 million
Lifetime Earnings:	$31.7 million
Born:	September 25, 2001
Height:	1.98 m
Country:	United States
Source of Wealth:	NBA Player
Last Updated:	Dec 7, 2025

Table of Contents

Introduction

Cade Cunningham is an American professional NBA player for the Detroit Pistons with an estimated net worth of $15 Million.

A rising star in the NBA, Cunningham has quickly established himself as one of the most talented players on the court. Since his career has just started, we can expect to see more of him as he continues building his fortune.

Quick Facts

Projected to earn $46.4 million for the 2025/26 season
Lifetime earnings total $92 million from salary
Signed a 5-year, $269.1 million extension with the Detroit Pistons in 2024
Seventh most valuable contract in NBA history
By 2029, his annual salary will increase to $61.2 million

NBA Career

Cade Cunningham was selected as the first overall pick of the Detroit Pistons in the 2021 NBA draft, and he made his debut in the Summer League in August. In October, he made his official NBA debut against the Orlando Magic, recording 2 points, six rebounds, and two assists in 26 minutes.

The following month, he became the youngest player in NBA history to earn 25 points, eight rebounds, and eight assists in a single game, topping Trae Young’s record. He also became the eighth-youngest player to record a triple-double and the youngest in Pistons’ history.

Cade became one of the only rookies in the NBA to earn 34 points, eight rebounds, eight assists, four blocks, and two steals in a single game during a match against the Denver Nuggets in January 2022. By the end of the season, he finished third in Rookie of the Year voting, falling just behind Evan Mobley and Scottie Barnes.

NBA Salary

Year	Team	Salary
2021/22	Detroit Pistons	$10,050,120
2022/23	Detroit Pistons	$10,552,800
2023/24	Detroit Pistons	$11,055,240
Total Career Earnings:		$31,658,160

Cade Cunningham has had one of the most explosive starts to an NBA career we’ve ever seen. Before we get into the details, remember that Cade was born in 2001 and is only 24 years old. The Pistons star was the first overall pick in the 2021 NBA Draft, making his way to Detroit and signing a four-year, $45.6 million rookie contract. That, in and of itself, is a lot of money, and while first picks always receive high-value contracts, in recent draft years this figure has continued to skyrocket. Cooper Flagg, the most recent first-pick, just signed a $62.7 million rookie deal with Dallas.

In any case, for Cade’s first season in the NBA, he earned approximately $10 million in salary. This figure increased to $10.55 million in 2022, $11 million in 2023, and $13.94 million for the final year of the contract.

When it came time for Cunningham to extend his contract in 2025, this 24-year-old secured a five-year $269.1 million extension with the Pistons. This is currently the fourth-highest-value active contract in the league, and will pay Cade an average annual salary of $53.8 million.

Thus far in his career, Cade Cunningham has earned $92 million in salary, with 50% of that figure earned this year alone. By the end of the 2029/30 season, his career earnings are projected to reach $314.7 million.

Summary

Cade Cunningham has quickly become one of the rising stars of the NBA, and his career has only just started getting off the ground. Since his career is so new, it is expected that he will continue playing for many more seasons and potentially become one of the most famous players in the sport’s history.

NBA Players

Cory Joseph Net Worth

As the point guard for the Detroit Pistons, Cory Joseph has earned a significant net worth as one of the most talented players on the court.

Published

3 weeks ago

Nov 20, 2025

Shawna

Net Worth:	$25 Million
Age:	34
Salary:	$3.3 million
Lifetime Earnings:	$76.4 million
Born:	August 20, 1991
Height:	1.91 m
Country:	Canada
Source of Wealth:	NBA Player
Last Updated:	Dec 7, 2025

Table of Contents

Introduction

Cory Joseph is a Canadian professional NBA player for the Orlando Magic with an estimated net worth of $25 Million.

However, he began his career in 2011 with the San Antonio Spurs, who selected him with the 29th overall pick in the draft. Although he has been playing professionally for over a decade, Joseph has no plans to retire anytime soon.

Quick Facts

Projected to earn $3.3 million for the 2024/25 season
Career earnings total just under $80 million from salary
Signed a 2-year, $6.8 million contract with the Orlando Magic in 2024
Recently sold his property in Sacramento for $1.5 million

NBA Salary

Year	Team	Salary
2011/12	San Antonio Spurs	$1,074,720
2012/13	San Antonio Spurs	$1,074,720
2013/14	San Antonio Spurs	$1,120,920
2014/15	San Antonio Spurs	$2,023,261
2015/16	Toronto Raptors	$7,000,000
2016/17	Toronto Raptors	$7,315,000
2017/18	Indiana Pacers	$7,945,000
2018/19	Indiana Pacers	$7,945,000
2019/20	Sacramento Kings	$12,000,000
2020/21	Detroit Pistons	$12,600,000
2021/22	Detroit Pistons	$4,910,000
2022/23	Detroit Pistons	$5,155,500
2023/24	Golden State Warriors	$2,019,706
Total Career Earnings:		$72,183,827

When Cory Joseph signed his rookie contract with the San Antonio Spurs in 2011, he was given a four-year deal worth $5.16 million. In his first official season, Cory earned $758,759, but thereafter he consistently earned seven-figure sums. For his final year with the Spurs, Josepgh earned $2.02 million, bringing his total earnings with the club to just under $5 million.

Joseph’s next contract was a significant step up, inking a four-year, $29.9 million deal with the Toronto Raptors. He played two full seasons with the Raptors, earning $14.3 million, and then played the latter two seasons of the contract with the Indiana Pacers, earning $15.6 million.

In 2019, Cory Joseph signed the most valuable contract of his career. This was a free agent signing with the Sacramento Kings, worth $37.2 million over three years. However, only $30 million of the agreement’s value was guaranteed, and that was the figure Cory would earn from the deal. His time was split between the Kings and the Detroit Pistons, earning a total of $19.3 million with the former.

The contract’s third year was scrapped; however, the $30 million guarantee was carried over into the first year of his new two-year deal with the Pistons. For his final year with Detroit in the 2022/23 season, Cory earned $5.16 million in salary.

By this point in his career, Cory Joseph had earned $71.2 million in salary, split roughly evenly among the Raptors, Pacers, Kings, and Pistons. His final few years in the league were split across three teams, earning him an additional $8.5 million. Joseph left the NBA with $79.7 million in lifetime salary.

AS Monaco Signing

In 2025, Cory Joseph signed a deal to move overseas and play for AS Monaco of the LNB Élite and the EuroLeague. The news has only just been broken, and financial details haven’t yet been disclosed to the public.

Real Estate

In November 2019, Cory Joseph purchased a 3,670-square-foot, five-bedroom home in West Sacramento, California, for $1.22 million. The property is located next to the Sacramento River. In August 2024, he sold this home for $1.5 million.

Summary

Cory Joseph has worked hard to become one of the best professional basketball players in the NBA, and he has no plans on leaving the court anytime soon. Despite not being one of the wealthiest players in the game, he has no shortage of fans eager to see much more from him in the future.