The current NBA is filled with heavily talented point guards. One of them is Trae Young from the Atlanta Hawks. Trae Young is in his 6th year as a Hawk and is not stopping. He led them to one Eastern Conference final in 2021. He also has a big contract with the Hawks. But how much is Trae Young Net Worth? Today, we will learn about his net worth in detail.
Trae Young Net Worth and Earnings
Young, the flashy point guard for the Atlanta Hawks, has secured a position as one of the most promising talents in the NBA. Trae Young Net Worth is 50 million dollars in 2024. His main income sources are the NBA and his shoe deal with ADIDAS.
Trae Young Net Worth: Contract Details
In the summer of 2021, Trae Young inked a monumental five-year maximum contract extension with the Atlanta Hawks valued at an outstanding $207 million. This extension, covering the 2022-23 season through the 2026-27 season, offers Young the flexibility of a player option in the final year, allowing him to make informed decisions about his future. Before this substantial deal, Young played under a rookie scale contract, accumulating $26.5 million over the initial four seasons of his career, averaging an annual salary of $6.6 million.
Trae Young Net Worth: Career Earnings
By the conclusion of the 2023-24 NBA season, Trae Young is projected to have amassed an impressive $103.2 million solely from his NBA salary over his first six seasons in the league, according to Spotrac. This calculation excludes potential income from off-court ventures such as endorsements and partnerships, indicating that Young’s overall earnings significantly surpass this figure. Moreover, with the anticipation of completing his current contract after the 2026-27 NBA season, the estimations point towards Young accumulating career earnings exceeding $241.2 million, provided he accepts the player option in the final year of his deal.
Annual Salary
For the ongoing 2023-24 NBA season, Trae Young will earn a staggering $40.06 million, positioning him as the highest-paid player within the Atlanta Hawks roster and the 17th highest-paid player in the entire league for the current campaign. Looking ahead, his salary is projected to escalate to $43.03 million in the 2024-25 season, further increasing to $45.9 million for the 2025-26 season before peaking at $48.9 million in the 2026-27 season, which constitutes a player option and the final year of his existing contract.
Endorsements and Off-Court Ventures
In addition to his substantial NBA earnings, Trae Young has ventured into lucrative endorsement deals, particularly with Adidas, signing a multi-year contract in 2018 with an estimated value of around $1.8 million per season. Young’s off-court ventures, including endorsement deals and potential business opportunities, significantly contribute to Trae Young net worth and financial portfolio.
Early Life and Career of Trae Young
Trae Young, born on September 19, 1998, in Lubbock, Texas, emerged as a basketball prodigy from a young age. His father, Rayford, played collegiate basketball at Texas Tech, significantly influenced Trae’s passion for the sport. Young’s exceptional skills were evident during his high school years at Norman North High School in Oklahoma, where he averaged an astonishing 42 points per game. Also, His remarkable performance led to his selection to play in the prestigious McDonald’s All-American Game, solidifying his status as a top-tier prospect in the basketball community.
College Basketball Career
In 2017, Trae Young launched on his college basketball journey with the Oklahoma University Sooners. His single season at Oklahoma was extraordinary, as he became the first player in Division I history to lead the nation in scoring and assists, averaging 27.4 points and 8.7 assists per game. This outstanding performance earned him the Wayman Tisdale Award for the best freshman in the nation and solidified his decision to declare for the 2018 NBA Draft.
Professional Basketball Journey
Trae Young’s professional career began when the Dallas Mavericks selected him as the fifth overall pick in the 2018 Draft and subsequently traded to the Atlanta Hawks. His rookie year in the NBA showcased his potential, averaging 19 points and eight assists and securing a spot in the NBA All-Rookie First Team. His meteoric rise continued, with Young achieving honors such as being selected for the NBA All-Star team and leading the Hawks to an unexpected NBA Eastern Conference Finals appearance in his third year, displaying his significant impact on the team’s success.
NBA Performance
In the 2023-24 season, Trae Young has continued to improve his game, averaging 26.4 points, 10.8 assists, and 2.7 rebounds in 51 games. These statistics also highlight his exceptional playmaking abilities and scoring prowess, establishing him as a pivotal figure in the Hawks’ lineup. Notably, Young’s impact exceeds traditional statistics, as he has been instrumental in leading the team to significant victories, exhibiting his leadership and clutch performances on numerous occasions.
Accolades and Recognition
Young’s contributions have not gone unnoticed, evidenced by his multiple NBA All-Star selections and inclusion in the All-NBA team in the 2021-22 season. His impact on the court extends beyond individual accolades, as he has been a catalyst for the team’s success, propelling the Hawks to competitive standings in the Eastern Conference.
Influence and Legacy
Trae Young’s influence extends beyond his on-court performances, as he has become a role model for aspiring young athletes. Also, His tenacity, work ethic, and ability to excel under pressure have solidified his status as a prominent figure in the NBA, inspiring the next generation of basketball talents.
FAQ:
Q: What is Trae Young net worth?
A: Trae Young net worth is approximately $50 million.
Q: How did Trae Young’s college basketball career contribute to his success?
A: Young’s time playing college basketball for the Oklahoma Sooners allowed him to develop his skills and gain valuable experience, laying the foundation for his successful professional career.
Q: What accolades and titles has Trae Young earned in his career?
A: Trae Young has been named to the Consensus first-team All-American, NBA All-Rookie First Team, and All-NBA Third Team, highlighting his exceptional skills and impact on the game.
Conclusion:
In conclusion, Trae Young’s journey from a basketball prodigy to an NBA sensation is not only marked by his exceptional on-court performances but also by his substantial net worth, lucrative earnings, and valuable assets. Trae Young Net worth is 50 million in 2024. Also, Through his multi-million-dollar contracts, notably his groundbreaking extension with the Atlanta Hawks, Young has amassed a large fortune, with projected career earnings exceeding hundreds of millions of dollars. His brand endorsements, particularly his partnership with Adidas, further strengthen his financial standing, contributing to his estimated net worth. Lastly, will the Atlanta Hawks win this year’s championship or not? Tell Us in the comments.