Lonzo Ball's Net Worth in 2017: A Deep Dive into the Basketball Sensation's Early Wealth
Hello, basketball enthusiasts! Today, we're diving into the net worth of a name that took the NBA by storm in 2017 - Lonzo Ball. You might know him as the outspoken father of the Ball brothers, LaVar, or as the point guard who was the second overall pick in the 2017 NBA draft. But let's talk about the money - how much was Lonzo Ball worth in 2017, and how did he manage to accumulate such wealth at such a young age? Guys, explore more in Net Worth and lonzo ball net worth 2017.
Lonzo Ball's Early Life and Rise to Fame
Before we dive into the numbers, let's take a quick look at Lonzo's journey. Born on October 27, 1997, in Anaheim, California, Lonzo was destined for basketball greatness. His father, LaVar, was a former college basketball player, and his mother, Tina, was a former volleyball player. Lonzo's two older brothers, LiAngelo and LaMelo, also went on to become professional basketball players.
Lonzo's high school career was nothing short of impressive. He led Chino Hills High School to a 30-3 record and a CIF State Championship in his senior year. His college career at UCLA was equally stellar, with Lonzo averaging a triple-double (14.6 points, 11.7 assists, and 7.6 rebounds per game) in his freshman year. This performance earned him the John R. Wooden Award and the USBWA National Freshman of the Year award.
Lonzo's exceptional skills and potential caught the attention of NBA scouts, and he was selected as the second overall pick by the Los Angeles Lakers in the 2017 NBA draft. His rise to fame was meteoric, and with fame came fortune. But how much was Lonzo Ball worth in 2017?
Lonzo Ball's Net Worth in 2017
In 2017, Lonzo Ball's net worth was estimated to be around $7 million. This might seem like a lot for a rookie, but remember, Lonzo was no ordinary rookie. He was the second overall pick, and the Lakers were expecting big things from him. Here's how Lonzo managed to accumulate such wealth in 2017.
NBA Contract
Lonzo's rookie contract with the Los Angeles Lakers was a four-year deal worth $34.7 million. This included a $11.7 million signing bonus. Here's a breakdown of his annual earnings:
- 2017-18: $6.7 million - 2018-19: $8.9 million - 2019-20: $11.1 million - 2020-21: $13.3 million (team option)
So, in 2017 alone, Lonzo earned $6.7 million from his NBA contract.
Endorsement Deals
Lonzo's potential and fame also attracted endorsement deals. In 2017, Lonzo signed a lucrative deal with sportswear giant, Nike. The exact amount of the deal is not known, but reports suggest it was worth at least $10 million over several years.
Lonzo also had endorsement deals with companies like Big Baller Brand, BodyArmor, and Famous Stars and Straps. While the exact amounts of these deals are not known, they certainly contributed to Lonzo's net worth in 2017.
Merchandise Sales
Lonzo's family-owned sportswear company, Big Baller Brand, was launched in 2016. In 2017, the company sold Lonzo's signature shoes, the ZO2 Prime, for a whopping $495 per pair. While the exact number of shoes sold is not known, it's safe to say that Lonzo and his family made a significant amount of money from merchandise sales.
Lonzo Ball's Net Worth Today
Now, you might be wondering, "How much is Lonzo Ball worth today?" As of 2021, Lonzo Ball's net worth is estimated to be around $20 million. This significant increase can be attributed to his NBA career, endorsement deals, and business ventures.
Lonzo's net worth in 2017 was a testament to his talent, hard work, and potential. At just 19 years old, he was already a millionaire, and his future in the NBA looked bright. While Lonzo's career has had its ups and downs since then, his net worth continues to grow, making him one of the wealthiest young basketball players in the world.
That's all for now, basketball fans! We hope you enjoyed this deep dive into Lonzo Ball's net worth in 2017. Stay tuned for more articles on your favorite basketball stars' wealth and success stories. Until next time!