Basketball
So, how much does Jeremy Lin earn in a year? What's his total net worth? Let's know all about his salary, contract, and net worth along with his career.
The 30-year old basketballer with his jersey no. 7 in the Nets, with his play for more than 9 teams is blessed with economic benefits and luxury. As of 2017, he is estimated to have the net worth of $16 million.
Let's know about his net worth in details.
Jeremy Lin, who played for Dallas Mavericks after his 2010 NBA Draft, signed a 2-year contract with his hometown Golden State Warriors on July 21, 2010. The contract of worth $1.3 million included his salary of $500,000 with more than half of it guaranteed.
After 2011 offseason, he signed with New York Knicks on December 27, 2011, where he played till 2012 and earned $762,195 in the season.
Jeremy Lin playing for New York Knicks
Source: Zimbio
During 2012 offseason, the Houston Rockets who offered Lin a $28.8 million contract over four years, signed Lin with a revised deal of $25 million for 3 years. The Rockets paid Lin $5 million and $5.225 million in first two years, followed by $14.9 million in the third year summing up to $43 million of total cost including luxury tax.
Later on July 13, 2014, he signed with Los Angeles Lakers for the 2014-2015 season with a contract of $15 million but only $8.3 million counted.
Lin, who signed a two-year, $4.3 million contract with the Charlotte Hornets in 2015 offseason, later denied $2.2 million player option for the 2016–17 season on July 1, 2016, and signed for Brooklyn Nets later on July 7.
Jeremy Lin playing for Brooklyn Nets
Source: NY Daily
The three-year contract with Nets is $36 million as per ESPN's Marc Stein, which he tweeted in his official account.
Hearing Jeremy Lin landed a three-year deal worth $36 million from Brooklyn
— Marc Stein (@TheSteinLine) July 1, 2016
The average annual salary of Lin as of 2017 is reported to be $12,766,667, less than compared to highly paid NBA players Carmelo Anthony($24,559,380) and LeBron James($30,963,450).
Lin's deal currently carries a cap hit of $12,000,000 and a dead cap value of $24,516,746 which will be $12,516,746 and $12,516,746 respectively in the next two seasons.
Jeremy Lin, who grew up in a Christian family in the San Francisco Bay Area, lived in his family house in California. As of current time, with the high land value, the house of Lin is estimated to be of worth over $750,000.
Jeremy Lin's house in California
Source: urban splatter
Later, moving on to his games, he owned an apartment in Trump Tower in downtown White Plains. The two-bedroom apartment was previously owned by Knicks star, Amar’e Stoudemire before moving on to Manhattan.
Lin's apartment in White Plains
Source: Nydailynews
The rent for the property is estimated to be $3,800 per month.
Later after signing a deal of $36 million with Nets, Mansion Global suggested him a lot of luxury properties which included, apartment on the 21st floor on Hanson Place worth $2.995 million, 25-foot-wide, 5,770-square-foot single family home in 361 13th St. of worth $ 3.95 million, two-bedroom, 2.5-bathroom apartment is located in Pierhouse of worth $6.05 million and apartment in 185 Plymouth St. of worth $3.999 million. However, he is still in search of the perfect one.
Jeremy Lin, with his attractive height of 6 feet 3 inches, who has turned down most of the sponsorship deals he has been offered, owns a Maserati car which is worth $100,000.
He even stated that he declined tens of million dollars of endorsement opportunities during the peak of Linsanity.
He is fond of his car and is seen driving the car, here is a video of Jeremy driving his car.
Besides this, he is also actively engaged in philanthropy works. Lin donated $1,000,000 to Harvard University "to support undergraduate financial aid and renovations to Lavietes Pavilion" on October 26, 2016.
Jeremy Lin's career was not easy as he was not chosen after the 2010 NBA draft. But after joining Dallas Mavericks through his struggle, he was later signed by Golden State Warriors in 2010.
Impressing all with his play, he got a chance to play in ABA Club Championship MVP of 2011. He played for the team until 2011 season but got off after a season as he got patellar ligament injury to his knee, the same he got later while playing for Brooklyn.
Here is the video of Jeremy getting injured playing for Brooklyn.
Lin got signed in New York Knicks in 2011 after an injury to guard Iman Shumpert, the New York Knicks who claimed Lin off of waivers to be a backup behind Toney Douglas and Mike Bibby. He played there till 2012.
Later, he got signed by Houston Rockets in 2012 offseason and played there until he was traded to Los Angeles Lakers on July 13, 2014. But, he was not provided with economic benefit as per the contract which promised to pay $15 million but counted the salary cap of $8.3 million.
So, he signed a two-year with Charlotte Hornets and played in 2016 season. After the contract was over, he signed Brooklyn Nets with an attractive contract of $36 million for 3 years.
Have a look at Jeremy's best moments in his career.
The contract for the 2018 season, dues a year and no details about the renew or endorsement is out yet.
Till then let's wish Lin best and stay tuned for more updates.
