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What is Bobby Portis's Net Worth?
What is Bobby Portis's Net Worth?
By Arslan Saleem August 25, 2024 10:46
Since entering the NBA in 2015, Bobby Portis has had quite an impact on the teams he was apart of. As his career progressed, so did my wallet. Here, we'll discuss Bobby's career, income sources, financial growth, and much more.
NBA Career and Achievements
Portis started his pro career after being picked in the first round, 22nd overall, by the Chicago Bulls in the June 2015 NBA draft. He has since had stints with various teams, from the Washington Wizards to the New York Knicks, but finally found a home on his current Milwaukee Bucks squad.
Portis's career quickly went in a different direction when he signed with the Bucks in 2020. That decision turned into a life-changer, maybe even financially. Portis had an outstanding series for the Bucks in their 2021 title run, filling in admirably after Giannis Antetokounmpo got hurt and becoming a fan favorite.
Income Sources
NBA Salary
- 2023/24 season: $11,710,818
- 2022/23 season: $10,843,350
- 2021/22 season: $4,347,600
- 2020/21 season: $3,623,000
- 2019/20 season: $15,000,000
Portis is in the second year of his four-year contract with Milwaukee, which lasts through 2025-26. Each year, his salary will increase:
- 2024/25 season: $12,578,286
- 2025/26 season: $13,445,754
His price tag for this contract was also quite a bit higher than in his prior years in the league, showing tremendous growth as a player and worth to the team.
Endorsements
Portis likely also has additional income from sponsorships and endorsements, although the exact details of those deals are not publicly available. Some may be contracted deals with sportswear brands, local businesses, or national companies.
Current Net Worth Estimates
According to the information, Bobby Portis's net worth is around $77,466,814. This does include his career earnings from his NBA salary, which totaled about $52,284,154, including the 2023/24 season.
One point to observe is that exact figures for net worth projections can fluctuate based on the particular inputs and sources used in the calculation. This number, however, provides a close enough estimate of Portis' economic standing.
Net Worth Growth Over Time
As Bobby Portis entered the NBA, his total worth hiked tremendously. For his rookie season (2015-16), he was paid $1,344,120. His last season with the New York Knicks, in (2019-20), saw him make $15 million. This was a significant hike from what he could earn only two years before. Portis gained the most from his move to Milwaukee, with a new net worth of $9.5 million.
How He Measures Up to Other NBA Players
Where Bobby Portis is concerned, the NBA player has a strong footing with his net worth and salary compared to some top earners. He is the 133rd best-paid NBA player this year and has a similar rating among forwards.
Future Earning Potential
If things go right for Portis, his next contract can significantly boost his earnings. He signed a contract with the Milwaukee Bucks, and he will be paid more money every season until 2026. If he keeps playing at this level and helps them make a deep playoff run, then maybe somebody will pay big money for him again once his current contract is up.
All in all, Bobby Portis' net worth is estimated to be around $77,466,814 as of 2024. With his contract with the Bucks, Portis secured himself financially and is able to grow in net worth. Although he might not be one of the NBA's biggest earners, his career earnings are still respectable.
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