Basketball

How Much Is Latrell Sprewell's Net Worth? Endorsements & Salary Details

By Super Developer / August 7, 2022 04:27 AM

Sprewell in his instagram post
Sprewell in his instagram post( Source : instagram )

One of the top shooting guards of the 90s, Latrell Sprewell has a net worth of $150 Thousand according to Celebritynetworth.

The former NBA player played 13 seasons with the Warriors, Knicks, and Timberwolves and made over $100 million during his 13 years of career but he blew it all up. 

He was a four-time NBA All-Star and also known to be the 'Next Jordan' in his active years. But his career came to an end soon in 2005 when in October 2004 he rejected Timberwolves' 3-year extension contract. The 3-year contract had offered him $21 Million which was a little less than what he currently had back then. He felt insulted and rejected the offer saying that the amount would not be enough because he had children to feed. 

After that, he never got any other NBA offers and now he lives in a humble rented house in Milwaukee, Wisconsin.  

Sprewell with his former Warrior team mates; Chris Webber and Billy Owens
Sprewell with his former Warrior team mates; Chris Webber and Billy Owens( Source : instagram )

Quick Facts:

Full NameLatrell Fontaine Sprewell
Age51 years old (September 8, 1970)
ProfessionFormer Basketball player (NBA)
PositionShooting guard / Small forward
Playing Career1992–2005
Jersey Numbers8, 15
Net Worth$150 Thousand


Latrell Sprewell's Career Trajectory - NBA

The 1994's All-NBA First Team player had not always taken basketball seriously until his senior year at high school.

Sprewell made the team despite having no prior experience with organized play and in his first year, he averaged 28 points per game.

Throughout his career, Sprewell played for the Golden State Warriors (1992–1998), the New York Knicks (1999–2003), and the Minnesota Timberwolves (2003-2005). 

Sprewell had a reputation as one of the best mid-range players in the league early on, earning four NBA All-Star game selections. 

His reputation started plummeting in 1999 after he choked and threatened to kill his head coach, P. J. Carlesimo, leaving a lasting stain on his career. This cost him an entire season of NBA as he got suspended for 68 games.

He came back with the Knicks and even played a crucial role in getting them to the NBA finals. Then in 2003, he joined Timberwolves. But his career soon ended after he rejected the Timberwolves' 3-year extension contract, insisting that the $21 Millions they were offering would not even be enough to feed his kids. 

The former NBA player's Salary Details

Latrell Sprewell was the star of the NBA during his prime years and had earned about a million dollars over the course of his career. 

As per Basketball Reference, the details of his salaries as an NBA player are listed in the table below. 

Season Team Lg Salary
1992-93 Golden State Warriors NBA $550,000
1993-94 Golden State Warriors NBA $700,000
1994-95 Golden State Warriors NBA $890,000
1995-96 Golden State Warriors NBA $975,000
1996-97 Golden State Warriors NBA $7,000,000
1997-98 Golden State Warriors NBA $7,770,000
1998-99 New York Knicks NBA $8,300,000
1999-00 New York Knicks NBA $9,000,000
2000-01 New York Knicks NBA $10,125,000
2001-02 New York Knicks NBA $11,250,000
2002-03 New York Knicks NBA $12,375,000
2003-04 Minnesota Timberwolves NBA $13,500,000
2004-05 Minnesota Timberwolves NBA $14,625,000
Career     $97,060,000

After he rejected Timberwolves' offer, he never played in the NBA again. During his final season with them, he only managed to average 12.8 points per game. 

Soon after, he defaulted on his $1.5 million mortgage, had his yacht, "Milwaukee's Best," repossessed, and had Milwaukee go after him for $3 million in back taxes. He also got sued by his long-term partner for $200 million on claims of him ending their relationship agreement. According to her, the former player had agreed to support her and their four children through college but failed to do so.

Due to all this, the former player who had earned about $100 million, now has a net worth of about $500 thousand and lives in a modest rented house in Milwaukee, Wisconsin.

The former player had also drawn a lot of attention to his financial status in 2021 when he set up a GoFundMe account asking for $35,000 for his granddaughter who was sick and suffering from Leukemia. The GoFundMe link disappeared quickly after it was posted and the reason for it is still unknown.

Sprewell playing for Minnesota Timberwolves
Sprewell playing for Minnesota Timberwolves( Source : gettyimages )

Sprewell and his endorsements

Latrell Sprewell had endorsed multiple brand deals before the fall of his NBA career. 

He had given his endorsement to a number of businesses during the course of his career, including Converse ($500,000–$700,000), Dada, and And1 ($1 million). Sprewell had also made history when he collaborated with Damani Dada Clothing to design the first-ever basketball shoes with tiny spinning rims above the heel.

It was reported by The Wall Street Journal that Converse had dropped their contract with Sprewell after he assaulted his then head coach by choking him. 

After the infamous choking incident, And1, a basketball shoe, and apparel was the first company that signed a million-dollar contract with Sprewell. 

Sprewell - Where is he now?

Although sufficient information and details are not available, Sprewell's Instagram bio reads, "Retired Athlete GSW, Knicks and Timberwolves. Currently doing community relations with Knicks and MSG media personality." He often found to post pictures of himself with other basketball players, celebrities, and media personalities on his account. 

Sprewell in his instagram post with New York's Jalen Brunson
Sprewell in his instagram post with New York's Jalen Brunson( Source : instagram )