When you think of the highest-paid NBA stars, Steph Curry and LeBron James probably come to mind first. But don’t sleep on 23-year-old Ja Morant. The Memphis Grizzlies point guard became an instant fan favorite after getting drafted in 2019. His high-flying dunks and no-look passes dazzle on the court. Off the court, Morant is racking up lucrative endorsements and contracts. Ja Morant net worth recently crossed 2 billion rupees ($25 million USD). Where does all that cash come from? Let’s break down the keys to Morant’s growing wealth. With his rookie deal, endorsement contracts, and investments, his net worth will likely keep rising.
Ja Morant Net Worth 2024: $50 Million (Estimated)
| Net Worth | $50 Million (INR 418 Cr) |
| Yearly Income | $10 Million + |
| Monthly Income | $1 Million + |
| Salary | $8 Million |
| Bank Balance | $4 Million |
| Assets & Investments | $27 Million |
| Cars Owned | 7 |
| House Properties | 2 |
| Yachts | 1 |
| Weight | 158 lbs (72 Kg) |
As one of the brightest young stars in the NBA, Ja Morant’s net worth is poised to skyrocket over the coming years. By 2024, Ja Morant’s estimated net worth could reach $50 million.
NBA Salary and Endorsements
At just 22 years old, Morant has already earned over $12 million in NBA salaries playing for the Memphis Grizzlies. In 2022, he signed a massive five-year $193 million maximum rookie contract extension to remain in Memphis.
Outside the NBA, Morant signed lucrative endorsement deals with Powerade and Nike worth $10 million and $12 million per year, respectively. These major brand partnerships demonstrate Morant’s mainstream popularity and potential for even bigger sponsorship deals down the road.
Investments and Assets
With his newfound wealth, Morant has begun investing in stocks, real estate, and startup companies. He owns luxury homes in Memphis, Tennessee, and South Carolina. An avid car collector, Morant’s garage includes a Porsche Panamera, Bentley Bentayga, and Mercedes-Benz G-Wagen.
The Future is Bright
At just 22, Morant has achieved a level of success and financial security that most people only dream of. However, his best days—both on and off the court—are still ahead of him. If Morant continues his rapid ascent to NBA stardom, his endorsements increase, and his investments pay off, his net worth could reach nine figures within the next decade. The future looks very bright for this rising superstar.
Ja Morant’s Early Life and High School Career
Ja Morant was born in 1999 in Dalzell, South Carolina. He attended Crestwood High School where he left as the all-time leading scorer with 1,679 points. Morant grew up with a passion for basketball, practicing for hours each day. His hard work and dedication were evident even from an early age.
An Unrecruited Star
Despite his obvious talent, Morant was not heavily recruited out of high school. Only a few mid-major schools showed interest, likely due to his small size and lack of exposure playing for a small school. However, Murray State took a chance on the unheralded guard. This ended up being a smart move.
Success at Murray State
At Murray State, Morant’s star rose quickly. He led the Ohio Valley Conference in assists and was named Freshman of the Year. His sophomore season was even better, averaging 24 points, 10 assists, and 5.7 rebounds per game. Morant’s play gained national attention, especially his triple-double against Marquette in the NCAA Tournament. His dynamic and athletic style of play earned him comparisons to stars like Russell Westbrook.
The NBA Calls
After two standout seasons at Murray State, Morant declared for the 2019 NBA Draft. The Memphis Grizzlies selected him with the 2nd overall pick. Morant went on to win NBA Rookie of the Year, joining elite company like LeBron James and Luka Dončić. The future is bright for this young star who overcame the odds through hard work and perseverance. His success serves as an inspiration, proving that one’s beginning in life does not define where they end up. Also Read: Latto Net Worth.
Ja Morant’s College Career
| Ja Morant Net Worth in 2024 | $50 Million |
| Ja Morant Net Worth in 2023 | $45 Million |
| Ja Morant Net Worth in 2022 | $43 Million |
| Ja Morant Net Worth in 2021 | $40 Million |
| Ja Morant Net Worth in 2020 | $39 Million |
Ja Morant played college basketball for Murray State University, where he had an incredible sophomore season. In his second year with the Racers, Ja averaged 24.5 points, 10 assists, and 5.7 rebounds per game.
Scoring Dominance
Ja was a dynamic scorer who could beat defenders in multiple ways. He shot over 50% from the field and frequently got to the free throw line, where he shot 81%. Ja scored 30+ points nine times, including dropping 38 points on #5 seed Marquette in the first round of the NCAA Tournament. His scoring and playmaking ability made him a YouTube sensation and rising NBA prospect.
Historic Triple-Double
On February 14, 2019, Ja Morant made history by recording the first triple-double in Murray State history. Against SIU Edwardsville, Ja scored 26 points, dished out 11 assists, and grabbed 10 rebounds. It was a signature performance in a season full of them for the budding superstar.
NBA Lottery Pick
Thanks to his breakout sophomore season, Ja rocketed up NBA draft boards and was selected 2nd overall by the Memphis Grizzlies in the 2019 NBA Draft. The Grizzlies were enamored with Ja’s athleticism, scoring, and playmaking ability. He was the highest draft pick in Murray State history and went on to win NBA Rookie of the Year honors in his first pro season.
Ja Morant took the college basketball world by storm during his time at Murray State. His one standout season with the Racers was one of the best individual seasons in recent memory and served as a launching pad to NBA stardom. Murray State’s loss became the Memphis Grizzlies’ gain, as they landed a franchise cornerstone in Ja Morant.
Ja Morant’s Salary and NBA Contracts
Ja Morant was the second overall pick in the 2019 NBA draft, selected by the Memphis Grizzlies. As the No. 2 pick, Morant signed his rookie contract for 4 years worth $39,619,840, earning an average of $9,904,960 per year.
Not even 3 full seasons into his NBA career, Morant has proven his worth as a franchise superstar and the Grizzlies rewarded him handsomely. In 2022, Morant signed a massive 5-year $193 million maximum rookie contract extension with Memphis. The deal could be worth up to $231 million with incentives, making it one of the largest contracts in NBA history for a player coming off their rookie deal.
With his rookie extension, Morant’s career earnings are projected to exceed $230 million by the end of the deal. Between his rookie contract, extension and endorsements, Morant’s net worth should continue rising rapidly over the next several years. At just 22 years old, the sky is the limit for Ja’s earning potential if he stays healthy and continues his meteoric rise to NBA stardom.
Morant also has several major endorsement deals that contribute to his net worth. He signed a multi-year deal with Powerade worth $10 million annually. Morant also has a sponsorship with Nike that pays him $12 million per year. As Morant’s fame grows, so too will interest from brands wanting to partner with the young star.
Morant lives in Memphis during the season but also has homes in South Carolina. He drives luxury cars like a Mercedes-Benz G-Wagon and Porsche. For someone who just turned 23, Morant has already amassed a small fortune between his NBA salary and endorsements. But if he stays on his current trajectory, Morant could eventually become one of the highest-paid players in the league with an estimated net worth well over $100 million. The future is bright for Ja Morant, as are his career and earning prospects. Also Read: Kevin McCarthy Net Worth.
Ja Morant’s Endorsement Deals
| Name | Ja Morant |
| Date of birth | 10 August 1999 |
| Age | 24 years olds |
| Birthplace | Dalzell, South Carolina, United States |
| Parents | Tee Morant, Jamie Morant |
| Current team | Memphis Grizzlies (#12 / Point guard) |
| College | Murray State (2017–2019) |
| Position | Point guard |
| NBA draft | 2019: 1st round, 2nd overall pick |
| Playing career | 2019–present |
As the star point guard for the Memphis Grizzlies, Ja Morant has racked up some lucrative endorsement deals. His high-flying style of play and charismatic personality have made him a fan favorite, attracting major brands.
Perhaps Morant’s biggest deal is with Nike, who signed him to a multi-year contract worth $12.1 million. This includes his own signature shoe line, the Ja 1, which dropped in 2021. Despite the endorsement, Nike’s Powerade brand, another Morant sponsor, has surprisingly not featured him in any campaigns.
Morant also has deals with Panini America, the trading card company, as well as Beats by Dre headphones. His sponsorship with Hulu shows his appeal across multiple industries. These endorsements earn Morant an estimated $10 million per year, adding significantly to his $38 million NBA salary.
At just 22 years old, Morant’s star is still rising. If he continues his trajectory to become an NBA superstar, his endorsement portfolio is sure to expand. Morant has already proven his ability to attract major brands and resonate with fans. As his fame grows globally, especially in India, companies will likely line up to sign the dynamic young point guard and tap into his huge potential for marketing and social media.
With his high-flying style of play, charisma, and youthful energy, Ja Morant seems poised to become the face of the NBA’s next generation. His endorsement deals reflect this promise and show why he is one of the most marketable up-and-coming athletes today. As Morant’s legend grows, his brand power will only increase, opening up more opportunities for companies in India and worldwide.
Ja Morant’s Car Collection
With a net worth of $50 million, Ja Morant can afford to indulge in some sweet rides. As soon as he joined the NBA, Morant gifted his parents brand new cars as a thank you for their support. For himself, Morant has amassed an enviable collection of luxury vehicles.
Morant is the proud owner of a Rolls Royce Dawn, valued at $390,000. This diamond-black beauty features a red leather interior and a twin-turbo 6.6 liter V12 engine. When Morant wants to show off his speed and handling, he takes out his Aston Martin Vantage. This stylish grand tourer can go from 0 to 60 mph in under 4 seconds.
For more casual driving, Morant chooses between his Mercedes-Benz A-Class, Porsche Cayenne or Ferrari Roma. The A-Class is a compact sedan perfect for zipping around Memphis, while the Cayenne SUV and Roma sports car are ideal for road trips and weekend getaways.
With his maximum rookie contract extension, Morant’s collection is sure to grow over the coming years. At just 22, Morant has a bright future and many more championships and endorsements ahead of him. His passion for high-performance vehicles means basketball fans can look forward to seeing him behind the wheel of exotic supercars for years to come. For now, when he’s not on the court, you might spot Morant cruising the streets of Memphis in one of his prized luxury autos. Also Read: Karol G Net Worth.
Ja Morant Net Worth in Rupees: Converting the Star’s Wealth
Ja Morant recently signed a massive 5-year, $192 million contract extension with the Memphis Grizzlies, cementing his status as an NBA superstar. At just 22 years old, Ja Morant has already amassed a net worth of over $50 million U.S. dollars, which converts to over ₹3.7 billion Indian rupees.
NBA Salary
The bulk of Ja Morant’s wealth comes from his NBA salary. For the 2021-2022 season, Ja Morant will earn $9.6 million U.S. dollars, which is ₹709 million in rupees. His new contract extension will pay him an average of $38.4 million U.S. dollars each year, which amounts to nearly ₹2.8 billion rupees annually.
Endorsements
Ja Morant also has endorsement deals with major brands like Nike and Powerade. His Nike shoe deal is worth over $1 million U.S. dollars per year, while Powerade was paying him $500,000 U.S. dollars annually before pausing their partnership. If Ja Morant can continue improving on the court, his endorsement potential is huge, especially in international markets like India.
Investments
While still early in his career, Ja Morant has likely started investing his NBA earnings to build wealth for the future. Many NBA players invest in tech startups, real estate, or other businesses. As Ja Morant’s career progresses, he may look to invest in the booming Indian economy, either in tech startups, real estate in major cities like Mumbai or Bengaluru, or by purchasing stakes in IPL cricket teams.
Ja Morant’s meteoric rise to NBA stardom at such a young age puts him in a fantastic position to build generational wealth. If he stays healthy and continues improving, Ja Morant could become one of the highest-paid players in the NBA, with sponsorships and investments around the globe, including India’s massive market. His future net worth in both U.S. dollars and Indian rupees is incredibly bright.
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How much money does Ja Morant make?
Ja Morant signed a $193 million rookie contract extension with the Memphis Grizzlies in 2022, earning an average of $39 million per year. This five-year deal made Morant one of the highest-paid players in the NBA at just 23 years old.
Morant’s base salary for the 2022-23 season is $12.1 million. However, after being suspended for eight games, his pay was docked $668,659. Still, with endorsements and other business ventures, Morant’s net worth is estimated at $50 million.
The young star’s success and exciting play style have attracted major corporate sponsors like Nike and Powerade. His Nike deal is reportedly worth over $1 million per year. Powerade commercials starring Morant air nationally, further boosting his endorsement income.
Beyond basketball, Morant has invested in sports nutrition companies and tech startups. He has also discussed plans to launch his own clothing line. These business moves demonstrate Morant’s savvy and desire to build wealth that will last long after his playing days end.
For someone just starting his NBA career, Morant has already amassed a small fortune. However, his real financial success still lies ahead. If Morant continues improving and the Grizzlies remain competitive, his next contract could be worth $200 million or more. At that level of pay, Morant would become one of the richest athletes in the league and cement his status as a Forbes list regular.
While Morant enjoys the spoils of NBA life like driving luxury cars and living in an exclusive Memphis high-rise, he also gives back to his community. He has donated food, supplies, and money to support those in need during the pandemic. This philanthropic spirit, combined with Morant’s obvious skill and charisma, makes him an all-around role model for today’s youth. It’s no wonder so many kids want to grow up to be like Ja.
How much is Nike paying Ja Morant?
Ja Morant signed a five-year deal with Nike in 2019 that will pay him over $15 million through 2024. Nike believed in Morant’s talent and potential early on, and that investment has paid off well for the sportswear giant.
As Morant has become a star and cultural icon, Nike’s deal looks like a bargain. Morant’s signature Nike shoe line and other merchandise have sold well, and his exciting style of play and charismatic personality have made him an ideal brand ambassador. Nike’s deal with Morant is reportedly on the higher end of standard rookie shoe deals, demonstrating their confidence in his ability to move product.
Though the exact terms of Morant’s Nike contract are private, sneaker endorsement deals for star NBA players typically include base pay as well as performance incentives and a percentage of sales. It’s likely Morant’s deal includes bonuses for individual accomplishments like making an All-Star team, winning Rookie of the Year, or being named to an All-NBA squad. His deal probably also rewards team success, with bigger bonuses for leading the Grizzlies on a deep playoff run.
Morant’s success has already triggered multiple bonuses and the potential for even bigger paydays down the line. If he continues his rapid rise to NBA superstardom, Morant could sign an extension with Nike for well over $100 million when his current deal expires in 2024. For now, Nike is surely happy with their investment in the dynamic young point guard repping their brand. Morant’s flair and flash have matched perfectly with Nike’s “Just Do It” spirit.
Who are the richest NBA players?
Being in the NBA is a lucrative career. Some of the league’s top players are worth hundreds of millions of dollars. Michael Jordan, considered by many to be the greatest basketball player of all time, has amassed a staggering net worth of $2.6 billion from his years in the NBA and his sponsorship deals with brands like Nike’s Air Jordans.
LeBron James is currently the highest-paid active player in the NBA. King James has a net worth of over $1 billion, earning $41 million in salary and $80 million from endorsements in 2021 alone. Off the court, LeBron founded the media company Uninterrupted and co-owns Liverpool Football Club.
Vinnie Johnson, a former player for the Detroit Pistons, has a net worth of $420 million. After retiring from the NBA, Johnson founded the Piston Group, an automotive supply company. The company now has over $2 billion in annual revenue, demonstrating how NBA players can leverage their success on the court into lucrative business opportunities.
Other all-time high earners include Shaquille O’Neal, worth $400 million, and Kobe Bryant, who earned over $323 million in salary during his 20 seasons with the Lakers. Magic Johnson’s business ventures and investments helped him build a $600 million fortune. These players prove that with hard work and smart money management, a successful NBA career can set you up for life.
While the NBA’s biggest stars make hundreds of millions, the average NBA player still earns a sizable $7.5 million per year. Rookie contracts for first-round draft picks start around $2 to $10 million over multiple years. Top draft picks like Zion Williamson and Ja Morant earned $10 and $12 million in their rookie seasons, showing the earning potential for young stars. With lucrative TV deals and sponsorships, the NBA looks poised to make its players very wealthy for years to come.
What car does Ja Morant drive?
Ja Morant has an impressive car collection to match his rising NBA superstardom. When you sign a $193 million contract, you can afford some sweet rides.
One of Morant’s prized possessions is his luxurious Rolls-Royce Dawn. This high-end convertible starts at over $300,000, so you know Morant is living large. The Dawn is the ultimate status symbol with its sleek styling and plush, handcrafted interior. If Morant wants to show off his wealth and success, the Dawn is the perfect vehicle for turning heads.
Morant also owns a powerful Dodge Charger Scat Pack. This muscle car produces over 450 horsepower from its HEMI® V8 engine. When Morant wants raw power and performance, the Charger Scat Pack delivers. Additionally, Morant has a versatile Jeep SRT in his garage for when he needs an SUV.
At just 22 years old, Morant’s car collection is poised to grow over the lifetime of his rookie contract and beyond. His deal with Nike and other endorsements provide Morant with the means to purchase luxury vehicles most people only dream of. However, Morant seems focused on performance and power more so than lavishness. His Charger and Jeep suggest he values high performance and capability over opulence.
While the Rolls-Royce Dawn represents Morant’s newfound status, his other vehicles demonstrate he’s still a kid at heart who loves fast, powerful rides. His diverse collection shows that Morant is a multifaceted individual with a range of interests, much like his flashy yet fundamental style of play on the court. His vehicles, like his game, blend flashiness with substance. Morant’s car collection reflects what we see in him as a player: a unique mix of skill, power, personality, and potential.
Frequently Asked Questions About Ja Morant Net Worth
Wondering how Ja Morant accumulated his wealth and became a multi-millionaire at such a young age? You’ve come to the right place. Here are some common questions about the Memphis Grizzlies star’s net worth:
How much does Ja Morant make per year? As one of the NBA’s top point guards, Ja Morant earns around $12 million per season in salary from the Grizzlies. This is expected to increase to over $30 million per year under his new 5-year contract extension.
How much does Ja Morant make from endorsements? Morant has signed deals with major brands like Nike and Powerade. His Nike shoe deal is worth over $1 million per year. Sponsorships and endorsements contribute several million dollars annually to Morant’s net worth.
What kind of assets does Ja Morant own? At just 23 years old, Morant owns luxury vehicles like a Mercedes G-Wagon and Porsche Panamera. He purchased a $2.6 million home in Memphis in 2021. As his net worth grows, expect Morant to invest in more real estate and vehicles.
How did Ja Morant become so wealthy at a young age? Morant’s wealth comes primarily from his NBA career. After just one season at Murray State University, Morant was drafted 2nd overall in the 2019 NBA Draft by the Memphis Grizzlies. His flashy style of play and breakout rookie season earned him NBA Rookie of the Year and a maximum contract extension. Careful financial management and lucrative endorsement deals have also boosted Morant’s net worth.
Morant’s story is a true rags-to-riches tale. The talented point guard overcame adversity to reach the NBA, and now has a very bright future ahead of him. Still only 23, Morant’s net worth is poised to skyrocket in the coming years as he establishes himself as a superstar.
Conclusion
So there you have it – Ja Morant’s net worth is estimated to be around ₹400 crores! From his lucrative NBA contract with the Grizzlies to his endorsement deals with Powerade and Nike, the young superstar has already amassed a sizeable fortune. With his star power only continuing to rise, his wealth will likely grow exponentially in the years to come. Morant is well on his way to becoming one of the richest athletes in the world. His investments and business ventures outside of basketball will also contribute to boosting his net worth over time. At just 23 years old, the future looks incredibly bright for Ja Morant, both on and off the court.
