What is DeMar DeRozan’s net worth?
| net worth: | $110 million |
|---|---|
| age: | Thirty-four |
| salary: | $23.4 million |
| income: | $257.6 million |
| nation: | USA |
| Source of wealth: | NBA Players |
| Sponsor: | Nike, Spalding |
| date of birth: | August 7, 1989 |
| high: | 2.01 m (6 ft 7 in) |
| Last updated: | July 25, 2024 |
introduce
DeMar DeRozan is an American professional NBA player who plays for the Sacramento Kings and has an estimated net worth of $110 million.
DeRozan, who has earned $257.6 million during his 16-year career in the league and an average lifetime salary of $16.1 million, recently signed a new three-year, $73.9 million contract as part of a sign-and-trade deal between the Kings and the Chicago Bulls.
Now that DeMar is in his 30s, it’s unclear how much longer he can play. If all goes according to plan, his lifetime salary should reach $330 million by 2027. Add in around $4 million per year in endorsement revenue, and his net worth has grown significantly over the past decade.
Career Overview
DeMar DeRozan was ranked the No. 3 prospect in the nation by Rivals.com coming out of high school and earned Parade All-American honors as a junior.
In November 2007, he signed with USC, rejecting offers from Arizona State and North Carolina. In his first game against the Trojans, he scored a team-high 21 points and was subsequently named the Pac-10 Tournament Most Valuable Player.
Although DeRozan only spent one season at USC, it was enough to attract significant attention from the NBA. Inspired by some of the wealthiest NBA players in the world, DeRozan chose to forgo his final three years of eligibility at USC and enter the draft.
Toronto Raptors
In the 2009 NBA Draft, the Toronto Raptors selected DeMar DeRozan with the ninth pick. He signed in July and then participated in the Sprite Slam Dunk Contest, but lost to three-time dunk champion Nate Robinson in the finals.
On the court, he scored a then-career-high 37 points in one game, a mark he would match two more times over the next three years.
In 2014, he broke his previous record by scoring 40 points against the Dallas Mavericks, one of the richest teams in the NBA.
DeRozan was selected to the Eastern Conference All-Star team as a reserve guard in the 2014 NBA All-Star Game.
Entering the playoffs
In DeMar DeRozan’s first playoff game, he only scored 14 points in a loss, but bounced back strongly in the second game, scoring 30 points in two consecutive games.
The 30-point game made him the first Raptors player since Vince Carter to score 30 points in two consecutive playoff games, though the Raptors lost to the Nets.
DeRozan set several career highs in the 2014-15 season opener, including 11 rebounds and six steals in a 109-102 win.
On April 11, DeRozan was named Eastern Conference Player of the Month, joining Kyle Lowry and Chris Bosh as the only two Raptors players to receive the honor.
As of December 14, 2015, he was named Eastern Conference Player of the Week, becoming the seventh Raptors player to receive the honor.
The following February, he helped Lowry win his 233rd career game in a 122-95 victory over the New York Knicks.
Become a legend
In July 2016, DeRozan signed a five-year contract extension with the Raptors, and subsequently became the first Raptors player to score 30 points in three consecutive games at the start of the season. He scored 30 points in five consecutive games, creating the best start to a season since Michael Jordan in the 1986-87 season.
DeRozan was selected as a starter for the Eastern Conference All-Star team in the 2017 NBA All-Star Game, becoming the fourth Raptors player to receive the honor.
He finished the 2016-17 season with a career-high 2,020 points and an average of 27.3 points per game, the second-highest mark in franchise history.
In May, he was named to the All-NBA Third Team for the first time and started the season off strong.
He set another record, becoming the first player in NBA history to score more than 50 points in a New Year’s Day game.
San Antonio Spurs
After his final season with the Raptors, DeMar DeRozan was traded to the San Antonio Spurs in exchange for Kawhi Leonard. The trade was highly controversial as DeRozan was a fan favorite in Toronto and the team’s fans were not happy to see him go.
In his Spurs debut, DeRozan scored 28 points against the Minnesota Timberwolves and subsequently recorded his first double-double.
He got off to a good start in the 2019-20 season and was invited to join the NBA bubble after the season was suspended due to the COVID-19 pandemic. After the suspension, he set a career-high 14 assists in the 2021 season, but the Spurs were ultimately eliminated in the playoffs.
In August 2021, DeRozan was traded again to the Chicago Bulls in exchange for Thaddeus Young, and Chicago is happy to have him.
Chicago Bulls
After making his debut for Scottie Pippen’s former team, DeRozan hit two buzzer beaters in December and January, making him the first player in NBA history to hit buzzer beaters in back-to-back games and earning his fifth NBA All-Star Game selection.
In the 2022 NBA All-Star Game, he was selected by LeBron James and his team defeated Kevin Durant’s team 163-160.
In October 2022, he became the 50th player in NBA history to score 20,000 career points, and his former Spurs coach paid tribute to him.
In 2023, he continued to set records and was selected as an NBA All-Star Eastern Conference reserve.
In addition, DeRozan and Zach LaVine also surpassed Michael Jordan and Horace Grant to set the Bulls’ single-game scoring record for a duo.
Career income and salary
| Year | team | salary |
|---|---|---|
| 2009/10 | Toronto Raptors | $2,282,640 |
| 2010/11 | Toronto Raptors | $2,453,880 |
| 2011/12 | Toronto Raptors | $3,344,250 |
| 2012/13 | Toronto Raptors | $3,344,250 |
| 2013/14 | Toronto Raptors | $9,500,000 |
| 2014/15 | Toronto Raptors | $10,100,000 |
| 2015/16 | Toronto Raptors | USD 10,050,000 |
| 2016/17 | Toronto Raptors | $26,540,100 |
| 2017/18 | Toronto Raptors | $27,739,975 |
| 2018/19 | San Antonio Spurs | $27,739,975 |
| 2019/20 | San Antonio Spurs | $27,739,975 |
| 2020/21 | San Antonio Spurs | $27,739,975 |
| 2021/22 | Chicago Bulls | $26 million |
| 2022/23 | Chicago Bulls | $27,300,000 |
| 2023/24 | Chicago Bulls | $28,600,000 |
| Total career income: | $260,475,020 | |
NBA Salaries
DeMar DeRozan signed a four-year, $10.7 million rookie contract with the Toronto Raptors in 2009. The contract was fully guaranteed, and DeRozan earned $2.3 million in his first NBA season.
In 2013, DeRozan signed a four-year, $38 million rookie contract extension with the Toronto Raptors. His salary in 2013 was $9.5 million, in 2014 it was $10.1 million, and in 2015 it was $10.15 million.
DeRozan signed the highest-value NBA contract of his career, a five-year, $139 million contract, with the Raptors in 2016. This increased his average annual salary to $27.8 million. He played two more seasons with the Raptors before moving to the San Antonio Spurs.
After finishing his contract with the Spurs and earning $135.8 million, DeRozan’s next contract was with the Chicago Bulls.
In 2021, he signed a three-year, $81.9 million contract with the Bulls that is fully guaranteed, and he earned a career-high $28.6 million in the 2023/24 season.
DeMar DeRozan has earned $257.6 million in his NBA career so far, split among the following three teams:
- Toronto Raptors: $94.2 million
- Chicago Bulls: $81.9 million
- San Antonio Spurs: $81.5 million
Endorsement
DeMar DeRozan and NBA star Damian Lillard signed endorsement deals with Spalding in 2019. The partnership came in the form of a limited edition “Holiday Slam” that included a signed basketball.
Nike has also endorsed DeRozan throughout his career, with a new four-year deal in 2022. DeRozan is known for wearing Nike Kobe shoes during games, including earlier rare editions.
DeMar DeRozan’s endorsement revenue is estimated at $4 million per year.
DeMar DeRozan Net Worth
Since we first started covering DeRozan in 2020, his estimated net worth has increased by nearly 400%. This is largely due to the additional $117 million in base salary he has earned since then. With $58.2 million still guaranteed on his active contract, that number should increase over the next three years.
In 2024, DeMar DeRozan’s net worth is estimated to be $110 million.
Frequently Asked Questions
Here are some of the most frequently asked questions people ask about DeMar DeRozan’s net worth:
How has DeMar DeRozan’s net worth changed over the years?
When we first discussed DeMar DeRozan’s net worth in 2020, it was estimated at $23 million. This was shortly after he completed his rookie extension with the Raptors and signed a new deal worth $139 million. Since then, DeRozan’s annual salary has remained between $24 million and $28 million, which is the main reason for the increase in his net worth estimate.
How does DeMar DeRozan’s net worth compare to other NBA players?
Based on our estimates, DeRozan’s net worth is similar to that of players like Blake Griffin, Chris Bosh, John Wall, and Vince Carter.
What contract did DeMar DeRozan sign?
DeMar has signed five contracts in his career, three with the Toronto Raptors and two with the Chicago Bulls. The details are as follows:
- 2009 — Toronto Raptors: $10.7 million/4 years (rookie contract)
- 2013 – Toronto Raptors: 4 years, $38 million (rookie extension)
- 2016 – Toronto Raptors: $139 million/5 years (maximum)
- 2021 – Chicago Bulls: $81.9 million/3 years (sign-and-trade)
- 2024 – Chicago Bulls: $73.89 million/3 years (sign-and-trade)
Summary
As one of the highest-paid players in NBA history, DeRozan’s success can be attributed to his consistency and durability. Over the past 11 years of his career, DeRozan’s annual salary has remained stable between $24 million and $28 million. Considering the injury-prone sport and the influx of rookies every year, this is no easy feat.
What do you think about DeMar DeRozan’s net worth? Leave a comment below.
Article Source
All calculations, estimates and conclusions in this net worth profile are based on publicly available information and data. Our authors strive to provide readers with a trustworthy and authentic experience and will continue to do so; we will do our best to cite the sources used in the process of researching the profile.
- DeMar DeRozan. (July 20, 2024). From Wikipedia. https://en.wikipedia.org/wiki/DeMar_DeRozan
- DeMar DeRozan: NBA. Statmuse. Retrieved July 21, 2024 from https://www.statmuse.com/nba/player/demar-derozan-890
- DeMar DeRozan. Spotrac. Retrieved July 21, 2024 from https://www.spotrac.com/nba/player/_/id/6327/demar-derozan
- (May 22, 2020). DeMar DeRozan. Forbes. Retrieved July 21, 2024 from https://www.forbes.com/profile/demar-derozan/
- (November 5, 2019). Spalding® Teams Up with Damian Lillard and DeMar DeRozan for First-Ever “Spalding.Com Holiday Slam” Online Shopping Event. PR Newswire. Retrieved July 21, 2024 from https://www.prnewswire.com/news-releases/spalding-teams-up-with-damian-lillard-and-demar-derozan-for-first-ever-spaldingcom-holiday-slam-online-shopping-event-300951894.html
- DeMar DeRozan endorsement. OSDB. Retrieved July 21, 2024 from https://www.osdbsports.com/nba/players/demar-derozan/endorsements
- [NBA on TNT]. (June 28, 2017). Drake and Will Ferrell Handshake Lessons – 2017 NBA Awards | NBA on TNT [Video]. Youtube. https://www.youtube.com/watch?v=knX0i-QBQ7w&t=104s
- [Sony Pictures Entertainment]. (February 12, 2022). Unknown: DeMar DeRozan’s Unknown Path [Video]. Youtube. https://www.youtube.com/watch?v=droMcuaw-rw
Categories: Net Worth
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