What is Anthony Davis's Net Worth?
What is Anthony Davis's Net Worth?
By Edcel Panganiban July 29, 2024 02:13
In the past decade, NBA superstar Anthony Davis has become one of the most dominant players in basketball. Davis has spent the entirety of his time in professional hoops, proving himself from the No. 1 overall pick at Kentucky to a nine-time All-Star and NBA champ. But Davis has had his own success off the court as well, and it's led to quite a large net worth of his own. This feature aims to cover every aspect that accounts for Anthony Davis's prestige and net worth.
NBA Salary and Contracts
The New Orleans Hornets, now Pelicans, selected Davis with the first overall pick in 2012. Proving his potential, he then signed a four-year $23.3 million rookie deal. This was just the opening figure in a long career that followed playing basketball professionally.
After a promising rookie campaign, it didn't take Davis long to become one of the best centers in the game, as he was named an All-Star during his second season. That led to a 5-year, $145 million contract extension with the Pelicans in 2015. However, Davis' tenure in New Orleans was defined by multiple playoff failures, ultimately forcing him to request a trade-in 2019.
His net value went through Donald after a 2019 blockbuster deal, delivering Davis to the Los Angeles Lakers. Davis secured a lucrative five-year, $190 million contract extension after capturing his first NBA title with the Lakers in 2020. His total earnings from NBA contracts have surpassed $266 million, which is a tribute to his skills on the hardwood and the owner's appreciation for superstar talent.
Product Placements and Sponsorships
Aside from his NBA paychecks, Anthony Davis has also raked in a boatload of cash through endorsements and sponsorships. As one of the most prominent and marketable stars in the league, Davis has endorsement deals with several high-profile brands, such as:
Nike: Davis signed a multiyear deal with Nike in 2017 extension and has remained within the swoosh since entering the NBA.
Beats Electronics: He has been spotted rocking Beats headphones time and again, a hint that this one-piece audio brand pays the entrepreneur some fees.
As reported by Forbes, Davis makes an estimated $10 million a year between his endorsement deals added to the mix, increasing that huge number. The lucrative agreements have let Davis monetize for the first time of his rising fame and impact.
Investing and Business Acumen
In addition to his earnings from basketball and endorsements, Anthony Davis is clearly a businessman invested in sharp ventures that ensure the security of his money.
Davis has invested heavily in a brand. He is a minority owner of the LeBron James-backed tequila brand Lobos 1707. This amounts to a strategic partnership that not only puts Davis on the same playing field as one of the biggest figures in sports but also creates another revenue stream for him down the line if everything goes right with this brand.
Davis also has taken precautions to protect his image, trademarking "Fear the Brow" and "Raise the Brow" as early as he was still in college. More than any other, these strategic moves have given Davis an arsenal of on-court tools and a personal brand far beyond just his basketball career.
Comparison to Peers
In the long, proud history of professional basketball players raking in cash left and right, Anthony Davis's net worth continues to be more impressive than that of other high-profile NBA athletes. Davis is one of the wealthiest players in the league, and according to Forbes' 2024 list, he's worth an estimated $160 million.
To put things in perspective, other NBA superstars like LeBron James, $1.2 billion as of 2024, and Steph Curry, estimated $160 million as of 2024. James has a much higher net worth because of his many years in business outside the field and investments, but Davis is the same as Curry's showcase, one of the league's most successful moneymaking players.
AD's value is only part of the inspiration for his efforts, talent, and hard work due to those exceptional gifts. Davis takes it a step further with his NBA salaries, endorsement deals, and investments, turning him into one of the highest-paid players in the league. As he continues to dominate on the court and diversify off of it, Davis is set to continue adding millions more in future years, only further cementing his position as one of the NBA's most financially accomplished superstar talents.
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