With an annual salary of over $12 million, Ja Morant’s net worth is estimated at $80 million. Ja Morant is an American basketball player who plays as a point guard for the National Basketball Association team, Memphis Grizzlies.
Ja made an iconic debut in the NBA when he was named the second overall pick of the year in the 2019 NBA draft, and also named the rookie of the year in 2020. Since then, his career has been on a constant improvement, and alongside this, his net worth has also noticeably spiraled up. Read on for a comprehensive breakdown of the NBA player’s career and net worth growth.
What is Ja Morant’s Current Net Worth?
Ja Morant’s net worth is presently estimated to be around $80 million and a large chunk of it come from his basketball career.
More often than not, one of the perks of being a good player is that one gets to receive multiple endorsement deals from several notable brands, and the iconic NBA star, Ja Morant, is not excluded from this. Besides his basketball career, he makes a lot of cool cash from his endorsement deals with notable brands like Nike and the Spiderman franchise.
Ja Morant’s Salary Makes Him One of the Highest-Earning Point Guards in the NBA
As a point guard in the NBA, Ja Morant earns well enough to be considered one of the highest-earning point guards currently in the NBA with his $12,119,440 annual salary as of this writing. Sitting at the top three positions on the table are Stephen Curry who earns $48,070,014, Russell Westbrook, and Damian Lillard who both earn $47,063,478 and $42,492,492.
Ja Morant, on the other hand, earns more than the likes of Devonte Graham ($11, 550, 000), Cade Cunningham with $10,552,800, and many others who are further down the line.
Which Club Does Ja Morant Play for Now?
Ja Morant currently plays for the National Basketball Association team, Memphis Grizzlies. He joined the club in July 2, 2019, with a 4-year contract worth $39.6 million. The contract guaranteed him over $39 million cash and an average annual salary of $9 million.
However, in July 2022, the Memphis Grizzlies announced that their contract with him has received a maximum extension of 5 years. The current contract is worth $193 Million, and could even go as high as $231 Million if Ja can make it into an All-NBA Team. This is the biggest contract the Grizzlies have ever given out. Even bigger than the 2016 $153 million contract they had with Mike Conley.
So far, Ja Morant has played for the Memphis Grizzlies for about 4 years years now (as of 2023), with a monthly salary of 1 Million USD, and an annual salary of about 11 Million USD.
Ja Morant Has Played With the Memphis Grizzlies Since His Professional Career Started
Ja Morant started his professional career as the second overall pick by the Memphis Grizzlies during the 2019 NBA draft. He made his NBA debut on October 23, 2019, with 4 rebounds, 4 assists, 14 points, a steal, and a block. On January 22, 2022, he made it to his first All-Stars game as a West Starter.
With Ja in the leading position, Memphis made it to their first SouthWest Division title in franchise history and they recorded a tied 56 wins. Although he had missed 25 games in the regular season, Ja Morant won the NBA Most Improved Player Award.
On July 6, 2022, Ja Morant extended his contract with the Memphis Grizzlies. This earned him a guaranteed $193 million cash and a possible increase to $231 million upon his selection into an All-NBA team.
Ja Morant Also Earns from Endorsement Deals
Aside from his earnings as a basketball player, Ja Morant still earns considerably from endorsement deals by leveraging his image as a celebrity. Before the 2019 NBA draft, he signed the very first contract in his basketball career with the trading cards brand, Panini America. In May 2019, precisely on the 27th, he announced his signing with Nike in an Instagram post he shared.
In August of the following year, as the Rookie of the Year, Ja Morant became the latest brand ambassador of Body Amor Sports Drink when he signed a deal with the beverage company. By December 2020, the garment company PSD secured his signature for their collection which brought in a lot of sales.
In April 2020, Ja Morant and some NBA players signed with Popeyes Louisiana Kitchen and Uber Eat in April 2022 to promote their brand. The following month, Beats by Dre secured his signature in a song he promoted for them, and in the same month, Hulu also announced that it partnered with Ja Morant.
Summary List of Brands Ja Morant has Endorsed
- Panini America
- Body Amor Sports Drink
- Popeyes Louisiana Kitchen
- Uber Eat
- Beats by Dre
Though he has signed a number of endorsement deals with a handful of notable companies and brands, the exact amount these deals have contributed to his net worth is not yet publicly known. Be that as it may, they are believed to contribute a considerable amount.
Ja Morant’s House and Cars Shows How Wealthy He Is
With Ja Morant’s net worth, the NBA star has been able to acquire the best things he desires which money can buy. Ja Morant lives in an amazing 5,000-square-foot house located in Dalzell, South California. Sources confirmed that the pro-NBA player purchased this luxurious home at a whopping price of $14 million.
Also, following his contract extension in 2022, it was reported that Morant bought his parents and younger sister a new home near his house as a way of celebrating the good news. Confirming the information, the athlete took to Twitter on Saturday, August 27, 2022, to write:
my parents & lil sis my neighbors 😂😮💨💙 dats major 🙏🏽
— Ja Morant (@JaMorant) August 27, 2022
Besides this, Ja also owns a collection of six luxurious cars. This includes a Ferrari Roma, Mercedes Benz A-class, Porsche Cayenne, an Aston Martin Vantage which is priced at $350,000, and a Rolls Royce Dawn, reportedly worth $1 million.
Ja Morant Spends a Considerable Sum on Charity
Ja Morant is noted to have contributed a significant sum to charitable organizations though he does not yet have a charity organization in his name. A few years ago, through a fundraiser, he was able to raise a significant amount of money for The Boys & Girls Club of Greater Memphis and promised to match every $10, 000 raised in the fund raiser.