As of 2024, Lonzo Ball net worth continues to grow, reflecting his success both on and off the court. With his NBA contracts, business ventures, and other revenue streams, the basketball star has built a substantial fortune.
At Aupeo, we provide the latest analysis on celebrities’ finances, and today, we’re diving deep into how Lonzo Ball has accumulated his wealth.
From his Chicago Bulls contract to his involvement in the Big Baller Brand, Lonzo’s financial journey is as impressive as his basketball career.
Contents
- 1 Quick Facts
- 2 What is the Net Worth of Lonzo Ball in 2024?
- 3 Salary and Finance Overview
- 4 FAQs About Lonzo Ball
- 4.1 How tall is Lonzo Ball?
- 4.2 Does Lonzo Ball have children?
- 4.3 Who are Lonzo Ball’s parents?
- 4.4 What injuries have impacted his career?
- 4.5 What is Lonzo Ball’s connection to Big Baller Brand?
- 4.6 What NBA teams has Lonzo Ball played for?
- 4.7 Who is his long-term partner?
- 4.8 What were his major awards in high school and college?
- 5 Conclusion
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Lonzo Anderson Ball |
| Popular Name | Lonzo Ball |
| Gender | Male |
| Birth Date | October 27, 1997 |
| Age | 26 |
| Parents | LaVar Ball, Tina Ball |
| Siblings | LiAngelo Ball, LaMelo Ball |
| Birthplace | Anaheim, California, USA |
| Nationality | American |
| Ethnicity | African-American |
| Education | UCLA |
| Marital Status | Unmarried |
| Spouse | N/A |
| Children | 1 (with Denise Garcia) |
| Dating | Denise Garcia (Reconciled) |
| Net Worth | $35 million |
| Source of Wealth | NBA, Business Ventures |
| Height | 6 ft 6 (1.98 meters) |
What is the Net Worth of Lonzo Ball in 2024?
In 2024, Lonzo Ball’s net worth stands at an impressive $35 million. His financial success primarily stems from his NBA salary, endorsements, and his role in Big Baller Brand.
Comparatively, his wealth puts him in a similar bracket to several of his NBA peers.
His contracts, including the $85 million deal with the Chicago Bulls, continue to contribute to his growing financial empire. Additionally, his real estate ventures have bolstered his wealth.
Here are some notable figures associated with Lonzo Ball:
- LaVar Ball
- LaMelo Ball
- Chicago Bulls
- New Orleans Pelicans
- Big Baller Brand
- LiAngelo Ball
- NBA
- Denise Garcia
For more information on Lonzo’s peers, check out the wealthiest players in the NBA here.
Salary and Finance Overview
NBA Contracts and Salary Growth
Since his entry into the NBA in 2017, Lonzo Ball‘s contracts have played a significant role in shaping his financial portfolio. His initial rookie contract with the Los Angeles Lakers was valued at $33 million over four years.
This deal paid him around $8 million annually, setting the stage for future earnings.
In 2021, Lonzo Ball signed a substantial four-year deal with the Chicago Bulls worth $85 million.
This contract upped his annual earnings to approximately $21 million, cementing his status among top-paid NBA athletes. However, his on-court performance hasn’t been the only contributor to his financial success.
Business Ventures and Big Baller Brand
A crucial component of Lonzo Ball’s financial journey has been his involvement with Big Baller Brand, a family-run business that he owns 51% of.
Despite initial controversies, including the high price tag on his signature shoe, Lonzo’s role in the company helped diversify his income sources. However, after legal disputes and quality concerns surrounding the brand, he distanced himself from it in 2019.
Endorsements and Other Revenue Streams
Despite opting out of traditional endorsement deals with companies like Nike or Adidas, Lonzo Ball still benefits from various revenue streams.
His involvement in Big Baller Brand, alongside his music career and reality TV appearances in shows like Ball in the Family, contribute to his overall wealth.
These additional ventures have proven essential, especially during periods when injuries sidelined his basketball career.
Real Estate Investments
Real estate is another significant area where Lonzo Ball has built his fortune.
In 2022, he purchased a $7.3 million mansion in Sherman Oaks, California. This wasn’t his first major real estate investment, as he had earlier acquired a $5.2 million fixer-upper mansion in Chino Hills, California.
These investments have not only solidified his wealth but also demonstrate his understanding of diversification in financial growth.
Financial Challenges and Legal Issues
Not all aspects of Lonzo’s financial journey have been smooth. His legal battle with Gregory Alan Foster, a co-owner of Big Baller Brand, sought to reclaim over $2 million in damages due to financial mismanagement.
This lawsuit marked a turning point in Lonzo’s relationship with the brand, leading to his decision to remove all ties with Big Baller Brand.
FAQs About Lonzo Ball
How tall is Lonzo Ball?
He stands at 6 feet 6 inches (1.98 meters).
Does Lonzo Ball have children?
Yes, Lonzo Ball has one child with Denise Garcia.
Who are Lonzo Ball’s parents?
His parents are LaVar Ball and Tina Ball, both former college basketball players.
What injuries have impacted his career?
He has been plagued by knee and ankle injuries, which led him to miss significant parts of the 2022 and 2023 seasons.
What is Lonzo Ball’s connection to Big Baller Brand?
Lonzo owns 51% of Big Baller Brand but distanced himself from the company after legal disputes and product quality concerns.
What NBA teams has Lonzo Ball played for?
Lonzo Ball has played for the Los Angeles Lakers, New Orleans Pelicans, and currently plays for the Chicago Bulls.
Who is his long-term partner?
His long-term partner is Denise Garcia, with whom he reconciled in 2020.
What were his major awards in high school and college?
His major awards include Mr. Basketball USA, Wayman Tisdale Award, and NBA All-Rookie Second Team honors.
Conclusion
It’s clear that Lonzo Ball’s net worth and financial success extend beyond his impressive basketball career.
I encourage you to explore more about your favorite athletes and their finances on aupeo.com. Don’t forget to leave comments and share this article with others interested in celebrity wealth!
