Introduction
Lance Stephenson is a well-known basketball player who has made quite a name for himself in the industry. He has played for several teams throughout his career, which has spanned over a decade. As such, many people have been curious about his net worth and how much he has made over the years from playing basketball. In this post, we will delve into Lance Stephenson’s massive net worth and discuss various aspects of his career and earnings.
Career
Lance Stephenson began his basketball career in high school, where he was a stand-out player. He was later recruited by the University of Cincinnati, where he played for one season before deciding to enter the NBA draft. Stephenson was drafted in the second round by the Indiana Pacers in 2010, where he played for four seasons before moving on to other teams. Throughout his career, he has also played for the Charlotte Hornets, Los Angeles Clippers, and Los Angeles Lakers, among others.
Earnings
Over the years, Lance Stephenson’s earnings from playing basketball have been quite impressive. According to Celebrity Net Worth, his net worth is estimated to be around $16 million. This is a combination of his NBA earnings, endorsements, and investments. Stephenson’s NBA earnings alone are estimated to be around $40 million, with his highest annual salary being $9 million in the 2014-2015 season.
Endorsements
In addition to his NBA earnings, Lance Stephenson has also made money from various endorsements throughout his career. He has worked with brands such as Adidas, Peak, and And1, among others. However, his endorsement deals are not publicly known, making it difficult to estimate how much he has earned from them.
Investments
Apart from basketball and endorsements, Lance Stephenson has also made investments over the years. In 2018, he invested in a New York-based tech startup called Famous, which is an app that connects fans with their favorite celebrities. He has also invested in real estate, with properties in both Indiana and California.
Charitable contributions
Throughout his career, Lance Stephenson has also been involved in various charitable causes. In 2018, he donated $10,000 to the James Cancer Hospital at the Ohio State University. He has also been involved in anti-bullying campaigns and has partnered with the Hear Me Out Foundation, which supports children and adults with hearing loss.
Salary fluctuation
As with many players in the NBA, Lance Stephenson’s salary has fluctuated over the years. His highest salary came in the 2014-2015 season, where he earned $9 million playing for the Charlotte Hornets. However, his salary has since dropped, with his most recent season earning him just $1.2 million with the Liaoning Flying Leopards in the Chinese Basketball Association.
Rumors of bankruptcy
In 2020, rumors began circulating that Lance Stephenson had filed for bankruptcy. However, these rumors were quickly debunked, with Stephenson himself taking to social media to deny the claims. He stated that he was in the process of reorganizing his finances and that he was not bankrupt.
Future career prospects
While Lance Stephenson is currently playing in the Chinese Basketball Association, there are rumors that he may return to the NBA at some point. However, he has expressed interest in playing in the EuroLeague as well. Regardless of where he ends up playing, it’s clear that Stephenson’s career in basketball has been a successful one.
Conclusion
Lance Stephenson’s net worth is a combination of his NBA earnings, endorsements, investments, and charitable contributions. Although his salary has fluctuated over the years, he has earned an estimated $40 million from playing basketball alone. In addition to his financial success, he has also been involved in various charitable causes and has expressed interest in continuing his basketball career in either the NBA or EuroLeague.
FAQs
Q1: What is Lance Stephenson’s net worth?
A1: Lance Stephenson’s net worth is estimated to be around $16 million.
Q2: How much has Lance Stephenson earned from playing basketball?
A2: Lance Stephenson has earned an estimated $40 million from playing basketball.
Q3: What is Lance Stephenson’s highest annual salary?
A3: Lance Stephenson’s highest annual salary was $9 million in the 2014-2015 season.
Q4: Has Lance Stephenson filed for bankruptcy?
A4: No, Lance Stephenson has not filed for bankruptcy. Rumors of his bankruptcy were debunked in 2020.
Q5: Where is Lance Stephenson currently playing?
A5: Lance Stephenson is currently playing for the Liaoning Flying Leopards in the Chinese Basketball Association.