What is Bam Adebayo's Net Worth?
What is Bam Adebayo's Net Worth?
By Edcel Panganiban July 22, 2024 06:04
Bam Adebayo is prominent big man in the NBA, currently playing as a center with All-Star credentials for the Miami Heat. Adebayo was born on July 18, 1997, in Newark, New Jersey, and began his basketball career as an amateur at Northside High School, where he put up video-game-like numbers, averaging a ridiculous stat-line of 32.2 points per game.
Adebayo played one season of college basketball for the University of Kentucky before declaring for the 2017 NBA Draft. The Miami Heat selected him with the 14th overall pick, and he inked a four-year deal valued at $14 million.
After breaking out in 2019-20 with an average of 15.9 points, 10.2 rebounds, and just over a block per game split between the regular season and postseason combined, Adebayo got his first nod as an All-Star that year while also winning Second Team All-Defensive honors for the first time. Adebayo has only gotten better since, and he's made two more All-Star teams as well, becoming a major part of the success that Miami now has. In 2020, the Heat extended Adebayo a five-year $163 million contract.
Endorsements and Investments
Aside from his NBA contract, Adebayo has also struck numerous endorsement deals that have helped bump up his net worth. Among his biggest deals was a 2019 deal with Nike, in which he joined the brand's roster of signature athletes alongside LeBron James and Kevin Durant.
In addition to his basketball and endorsement work, Adebayo also made some smart investments that have helped increase the size of his bank account. An early example is his investment in plant-based meat substitute company Beyond Meat, whose stock value has soared more than 800% since its inaugural public offering.
Net Worth Summery vs Other NBA Players
As of 2023, Bam Adebayo's net worth is believed to be between $15 million and $20. That will make him one of the highest-paid players in the NBA, particularly considering his relative youth.
In contrast, other NBA players of equal age and professional experience typically have net worth estimates anywhere from $10 million to as high as $30 million. Jayson Tatum, 26 years old with five seasons of experience, is valued at a net worth of $20 million. Luka Dončić, on the other hand, has been a 25-year-old player for the last four seasons and has around $25 million in net worth.
Bam Adebayo Future Net Worth Projections
Adebayo is still young, and the lucrative extension he signed with Miami ensures that his net worth is likely on track to keep climbing in future years.
Under the terms of his contract, Adebayo will make a $32.6 million salary for 2024-25, a big raise from what he had been making. The prospect of more endorsement deals and investments indicates that Adebayo may have a net worth in excess of $30 million by the end of 2021.
With Adebayo continuing to make his mark on the court and growing off of it with new business ventures galore, we should expect his net worth to only go higher.