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.

20 years ago today, Latrell Sprewell choked his coach, P.J. Carlesimo, during a practice. The incident reportedly started when PJ told Spree to "put a little mustard" on a pass.

The Warriors voided his contract and the league suspended him for one year. pic.twitter.com/RVguswteOw

— Ballislife.com (@Ballislife) December 1, 2017

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. 

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. 

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.

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. 

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.