Stephen Curry is a name that resonates far beyond the basketball court. He is not only celebrated for his remarkable skills on the hardwood but also for his impressive financial success. As of 2023, Stephen Curry’s net worth stands at a staggering $160 million.
In this article, we will take a closer look at how Curry has amassed his wealth, from his lucrative NBA career to his shrewd investments and endorsement deals.
Stephen Curry: The Rise of a Modern NBA Legend
Wardell Stephen Curry II, known as Stephen Curry, was born on March 14, 1988, in Akron, Ohio. His journey to basketball stardom began at an early age, inspired by his father, Dell Curry, a former NBA player.
Curry’s exceptional shooting skills and unyielding dedication led him to Davidson College, where he became one of the NCAA’s top scorers and a record-setter for three-pointers. His remarkable college career set the stage for his entry into the NBA.
Stephen Curry’s NBA Career and Earnings
In 2009, Stephen Curry was drafted by the Golden State Warriors as the 7th overall pick in the first round of the NBA Draft. Little did the world know that this unassuming young man would go on to become a game-changer in the world of basketball. Over the years, Curry has achieved numerous milestones, but it’s his three-point shooting that has revolutionized the sport.
One of the most significant contributors to Curry’s wealth is his NBA salary. As of 2023, he earns a base salary of $50 million per year, making him the highest-paid player in the league. This impressive income is supplemented by his numerous endorsements, solidifying his position as one of the highest-earning athletes globally.
Stephen Curry’s Endorsement Deals and Ventures
Today, Curry boasts endorsement deals with some of the world’s most recognizable brands, including Under Armour and Nike. His partnership with Under Armour is particularly noteworthy, as he played an integral role in the development of the “Palm” phone line by TCL, a telecommunications company.
Curry’s involvement with product testing and development has not only been financially rewarding but also an opportunity to shape the technology industry. The financial rewards of these endorsements are substantial.
In a typical year, Curry earns an additional $30-40 million from his endorsement deals.
In July 2017, he inked a record-shattering deal with the Golden State Warriors. This five-year contract, worth an astonishing $201.2 million, paid Curry an average of $40 million per year. At the time, it was the most lucrative contract in NBA history, making Curry the first player to earn over $40 million per season.
Curry continues to be a significant asset for the Warriors, as evidenced by his latest contract extension. In August 2021, he signed a four-year, $215 million extension with the team, cementing his status as one of the league’s top earners. His annual salary for the 2022-2023 season stands at an impressive $48 million.
Stephen Curry’s Real Estate
In September 2019, Curry and his wife, Ayesha, invested $31 million in a brand-new mansion in Atherton, California. The lavish property, boasting 7,500 square feet and a separate guest house, was sold in September 2021 for $31.15 million.
In December 2020, the Currys expanded their real estate holdings by purchasing a newly constructed, 18,000 square foot mansion in Atherton, situated on two acres. The power couple is not confined to California, as evidenced by their investment in a home in Winter Park, Florida, in July 2022, which they acquired for $2.1 million.
In a world where sports stars come and go, Stephen Curry’s legacy appears to be as enduring as his three-point shooting accuracy. His influence is not only felt in the sporting arena but also in the boardrooms of major corporations and the booming real estate market. As he continues to soar to new heights, it’s clear that Curry’s financial success is as remarkable as his on-court feats.