Introduction
Lonzo Ball is one of the most exciting young talents in the NBA. The 23-year-old point guard has already made a name for himself on the court with his dynamic play, impressive ball-handling skills, and pinpoint passing ability. However, fans have been curious about what Lonzo’s net worth is, given his high profile and growing success.
Early Life and Career
Lonzo Ball was born on October 27, 1997, in Anaheim, California. He was raised in a basketball family, with his father, LaVar Ball, being a former professional football player and his mother, Tina Ball, also having played college basketball. Lonzo started playing basketball at a young age and became a standout player at Chino Hills High School. He then went on to play college basketball at the University of California, Los Angeles (UCLA) before being selected as the second overall pick by the Los Angeles Lakers in the 2017 NBA draft.
Net Worth
As of 2021, Lonzo Ball’s net worth is estimated at $25 million. His primary source of income is his NBA career, including his contracts with the Los Angeles Lakers, New Orleans Pelicans, and his current team, the Chicago Bulls. He has also earned significant income through endorsement deals with brands such as Nike, Puma, and Foot Locker.
Contracts and Earnings
Lonzo Ball signed his rookie contract with the Los Angeles Lakers in 2017, which was worth $33 million over four years. He then signed a two-year, $28 million contract with the New Orleans Pelicans in 2019. In August 2021, Ball signed a four-year, $85 million contract with the Chicago Bulls. He is set to earn an average of $21 million per year throughout the duration of his contract.
Endorsements
Over the years, Lonzo Ball has secured impressive endorsement deals with several well-known brands. His most notable endorsement is with Nike’s subsidiary company, Jordan Brand, which he signed in 2019. He has also worked with brands such as Puma, Foot Locker, and JBL Audio.
Investments
In addition to his NBA career, Lonzo Ball has also made several investments outside of basketball. He is a co-owner of Big Baller Brand, a shoe and apparel company founded by his father, LaVar Ball. He has also invested in the gaming industry, partnering with names such as Ninja and Michael Jordan to launch the esports organization, TONY.
Real Estate
Lonzo Ball’s impressive net worth has allowed him to invest in real estate. He owns a multimillion-dollar mansion in Chino Hills, California, where he grew up. The property features a basketball court, movie theater, and many luxurious amenities.
Philanthropy
Lonzo Ball is also known for his philanthropic efforts. He has worked with various organizations to provide resources and opportunities for children in underserved communities. He has also donated money to organizations that provide relief to those affected by natural disasters.
Conclusion
Lonzo Ball’s net worth is a testament to his talent and hard work on and off the basketball court. His impressive career earnings, lucrative endorsement deals, and investments have made him one of the wealthiest young players in the NBA. However, his philanthropic efforts and commitment to giving back to his community have also made him a role model for many young people.
FAQs
1. What is Lonzo Ball’s net worth?
As of 2021, Lonzo Ball’s net worth is estimated at $25 million.
2. What teams has Lonzo Ball played for?
Lonzo Ball has played for the Los Angeles Lakers, New Orleans Pelicans, and the Chicago Bulls.
3. What endorsement deals does Lonzo Ball have?
Lonzo Ball has endorsement deals with brands such as Nike’s Jordan Brand, Puma, Foot Locker, and JBL Audio.
4. What investments has Lonzo Ball made?
Lonzo Ball has investments in Big Baller Brand and esports organization TONY.
5. What philanthropic efforts has Lonzo Ball been involved with?
Lonzo Ball has worked with various organizations to provide resources and opportunities for children in underserved communities, as well as donating money to organizations that provide relief to those affected by natural disasters.