How Much is Trae Young’s Net Worth? Uncover the Financial Journey of this NBA Star

Trae Young, an American professional basketball player, has a net worth estimated at $50 million. Born on September 19th, 1998, in Lubbock, Texas, Young has made a name for himself in the world of basketball, beginning with a standout career at the University of Oklahoma, followed by a successful journey in the NBA. His professional career took off when he was selected as the fifth overall pick in the 2018 NBA draft. Since then, Young has built a formidable career and amassed considerable wealth, with his net worth primarily stemming from his basketball salary and endorsements.

Summary of Trae Young’s net worth

Detailed Breakdown of Trae Young’s net worth

Young’s net worth can be attributed to several factors:

You are reading: How Much is Trae Young’s Net Worth? Uncover the Financial Journey of this NBA Star

– His professional basketball career: Young’s career started in the NBA with the Atlanta Hawks, where he continues to play today. His salary from the Hawks forms a significant part of his net worth.
– His endorsements: Apart from his NBA salary, Young also earns from various endorsement deals.
– His supermax contract: In August 2021, Young signed a $207 million 5-year supermax contract with the Atlanta Hawks, significantly boosting his net worth.

All the Lessons
All the Advice
Every word you ever told me…
Will stick with me forever

Thank You Kobe🙏🏽❤️ pic.twitter.com/WPCdHg3iyt

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— Trae Young (@TheTraeYoung) January 26, 2020

Early Life

Young was born to parents Rayford and Candice Young. He grew up in Norman, Oklahoma with his younger brother Tim and two younger sisters, Caitlyn and Camryn. He began playing basketball in his sophomore year of high school.

College Career

Young enrolled at the University of Oklahoma in 2017. During his freshman year, he led the country in most of its main statistics, including points, assists, points per game, and assists per game.

NBA Career

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Young was drafted fifth overall in the 2018 NBA draft by the Dallas Mavericks but was then traded to the Atlanta Hawks. He continued to impress in his NBA career, earning a spot in the NBA All-Star selection in 2020.

Supermax Contract and Career Earnings

Young earned a total of $26.5 million in salary in his first four NBA seasons. His net worth took a significant jump when he signed a $207 million, five-year supermax contract with the Atlanta Hawks in August 2021.

Real Estate Investments

Young owns a home in Norman, Oklahoma, purchased for $1.5 million, and a mansion in Calabasas, California, bought for $20 million in December 2022.

Conclusion

Trae Young’s net worth is a testament to his hard work, talent, and strategic financial decisions. As he continues his career in the NBA, it’s expected that his net worth will continue to grow.

FAQ

1. What is Trae Young’s net worth?
Trae Young’s net worth is estimated to be $50 million.

2. How did Trae Young amass his net worth?
His net worth primarily comes from his professional basketball salary, his supermax contract, and endorsements.

3. When was Trae Young drafted into the NBA?
Young was drafted into the NBA in 2018 as the fifth overall pick.

4. What is Trae Young’s supermax contract?
In August 2021, Young signed a $207 million, five-year supermax contract with the Atlanta Hawks.

5. What real estate does Trae Young own?
Young owns a home in Norman, Oklahoma, and a mansion in Calabasas, California.

Source: https://predictgov.com
Category: Net Worth

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