When discussing Ben Simmons net worth, it’s essential to understand the major factors that have contributed to his financial success.
As a key figure in the NBA, he has secured lucrative contracts, including a $177 million extension, along with endorsement deals that have boosted his earnings significantly.
At Aupeo, we aim to provide readers with an in-depth analysis of his wealth, how his career milestones have impacted his finances, and what his future holds in the basketball world.
Contents
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Benjamin David Simmons |
| Popular Name | Ben Simmons |
| Gender | Male |
| Birth Date | July 20, 1996 |
| Age | 28 |
| Parents | Dave Simmons, Julie Simmons |
| Siblings | Melissa, Emily, Liam, Sean, Olivia |
| Birthplace | Fitzroy, Melbourne, Victoria, Australia |
| Nationality | Australian, American (dual citizenship) |
| Ethnicity | Mixed (African-American, White Australian) |
| Education | LSU, Montverde Academy |
| Marital Status | Single |
| Spouse | N/A |
| Children | N/A |
| Dating | Previously engaged to Maya Jama |
| Net Worth | $80 million (2024 estimate) |
| Source of Wealth | Professional basketball, endorsements |
| Height | 6 ft 10 in (208 cm) |
What is the Net Worth of Ben Simmons in 2024?
As of 2024, Ben Simmons net worth is estimated at $80 million. His financial growth can be attributed to his massive contracts and endorsements.
Compared to other NBA stars, Simmons remains one of the more prominent earners, particularly after his $177 million contract extension in 2019.
While injuries and holdouts affected some of his earnings, his market value remains strong. To understand how he compares to others in the league, consider these related figures in the basketball world:
- Philadelphia 76ers
- Brooklyn Nets
- Nike
- Joel Embiid
- Kyrie Irving
- Andrew Bogut
- Rich Paul
- Klutch Sports
- NBA
- LSU Tigers
If you’re curious to see how Simmons stacks up against the top NBA earners, check out the highest-paid players in basketball.
Salary and Finance Overview
How He Built His Wealth Through Basketball
Ben Simmons‘ journey to financial success began with his selection as the #1 overall pick by the Philadelphia 76ers in the 2016 NBA Draft. His rookie contract set the stage for future earnings, especially when he signed a $177 million contract extension in 2019.
This contract, set to pay him $40.3 million in 2024-2025, was a major leap for Simmons as he solidified his place as one of the NBA’s top-paid athletes. Despite injury setbacks, his base salary has remained steady.
The transition to the Brooklyn Nets further added to his financial complexity. While some believe the move could lead to higher performance bonuses and media attention, others worry that his injury record may affect long-term value.
Even with these fluctuations, his wealth continues to grow, thanks to smart contracts and performance incentives.
Major Contracts and Salary Breakdown
The cornerstone of Simmons’ wealth is his 5-year, $177 million contract with the 76ers, signed in 2019. This contract includes guaranteed payments and potential performance bonuses, highlighting his role as a key player.
His base salary for each year incrementally increases, peaking at $40.3 million in the 2024-2025 season.
However, his 2021 holdout and injury history have had an impact. Simmons became the most-fined player in NBA history, with significant financial losses during his holdout from the 76ers.
Despite these challenges, his contract remains one of the most lucrative in the league, ensuring he continues to be among the top earners.
Sponsorship and Endorsement Deals
Off the court, Simmons’ wealth is supplemented by endorsements with major brands like Nike, a global brand that contributes significantly to his overall income.
He is known for securing high-value deals early in his career, which allowed him to diversify his earnings.
His dual citizenship in Australia and the U.S. has also helped him capitalize on both markets, making him a highly marketable athlete worldwide.
Simmons’ endorsements aren’t just limited to shoes; he’s appeared in media campaigns and features prominently in the One & Done documentary, which also enhances his brand image.
Achievements and Awards That Boosted His Financial Value
Ben Simmons’ performance on the court has played a crucial role in driving up his financial value. Notably, his 2018 NBA Rookie of the Year award set him apart early in his career.
His three All-Star selections further solidified his reputation as a top player, increasing his marketability and, in turn, his income.
His achievements, such as leading the league in steals during the 2019-2020 season, have not only brought him recognition but have also led to performance bonuses embedded in his contract.
Financial Impact of Injuries and Holdouts
Despite his high earnings, Simmons’ financial story has been impacted by injuries and the infamous 2021 holdout. His decision to sit out during the 2021-2022 season due to disputes with the 76ers led to heavy fines, which significantly reduced his total earnings for that year.
Still, his earnings from previous seasons, combined with his endorsement deals, helped him weather the financial storm.
The transition to the Brooklyn Nets has been marked by further injuries, including a herniated disk, which sidelined him for a large portion of the 2022-2023 and 2023-2024 seasons.
Despite these setbacks, his contract guarantees keep him financially secure.
FAQs About Ben Simmons
What teams has he played for in the NBA?
He has played for the Philadelphia 76ers and the Brooklyn Nets.
How did he become the most-fined player in NBA history?
He became the most-fined player after his holdout from the Philadelphia 76ers during the 2021-2022 season.
What were some of his notable career achievements?
He won NBA Rookie of the Year in 2018 and has been selected to the NBA All-Star team three times.
What kind of injuries has he faced during his career?
He has faced a herniated disk and nerve impingement, which have caused him to miss significant portions of several seasons.
What college did he attend before entering the NBA?
He attended Louisiana State University (LSU).
Conclusion
Ben Simmons has navigated a financially complex career filled with both highs and lows. His wealth stems not only from his skill on the court but from smart contracts and endorsements.
To learn more about other athletes and their financial journeys, visit Aupeo.
