Trae Young has become one of the most recognizable faces in the NBA and the world of basketball. His high-flying play, long range shooting, and outrageous handles have made him into a household name.
But what many don’t know is that Trae Young’s net worth is estimated to be over $20 million dollars. That’s right, this young man has already made quite a bit of money for himself.
Trae Young has come a long way since his days playing in Oklahoma, but it seems like he’s just getting started. He signed a four year contract with the Atlanta Hawks worth more than $72 million and he continues to rack up endorsements from some of the biggest brands in the world.
So how did Trae Young amass such wealth? Read on to find out!
Early Life And Career
Trae Young’s rise to stardom began with a youthful dream that propelled him into the NCAA. From an early age, he had lofty aspirations of making it in the world of basketball, and his drive to succeed was evident from the get-go.
Like a phoenix rising from the ashes, Trae Young worked tirelessly to reach heights that many thought were unattainable, becoming one of the most sought after players in college basketball.
His meteoric rise towards NCAA stardom saw him become an unstoppable force, as he made waves across the country with his game-winning performances and mesmerizing playstyles. His talent and determination saw him rewarded with multiple accolades throughout his collegiate career, catapulting him into the limelight and solidifying his place in college basketball lore.
As of 2021, Trae Young’s net worth is estimated to be around $8 million dollars.
Atlanta Hawks Contract
Trae Young’s net worth is a direct result of his success in college and the NBA. As a freshman at the University of Oklahoma, he won numerous accolades for his play and was a finalist for the John Wooden Award. His strong play carried over to his rookie season with the Atlanta Hawks, where he quickly became one of the most exciting players in the league.
Here are some highlights from Trae Youngâs professional career:
- He was named to the 2018-19 NBA All-Rookie First Team
- Finished fourth in Rookie of The Year voting
- Led all rookies in points per game (19.1) and assists per game (8.1)
- Broke Steph Curry’s single-season 3-point record with 278 three pointers
Thanks to his outstanding college career and impressive rookie season, Trae Young has become one of the most recognizable players in basketball today. He has earned millions through endorsements and salary, making him one of the wealthiest athletes under 25 years old. With his star still on the rise, there’s no telling how much more money he’ll make in future seasons.
Endorsement Deals
Trae Young’s net worth has been on a steady rise over the past year, thanks in large part to his rising profile and numerous endorsement deals.
Gaining exposure from his impressive play on the court, Young has established himself as an up-and-coming star in the NBA.
He’s even gained recognition from some of the biggest brands in the world, including Nike and Samsung.
This has allowed him to build his own personal brand and gain greater financial success.
Young’s most recent deal was with Beats by Dre, which is one of the most popular lifestyle brands in the industry.
This partnership will give Young access to a larger audience, allowing him to grow his presence and reach more fans around the globe.
With each new endorsement deal, Young continues to solidify himself as one of the premier players in the NBA while also giving himself more financial security going forward.
With such a strong portfolio of sponsorships under his belt, there’s no telling what heights Trae Young will reach next.
Investment Portfolio
Like the many rivers of the world, Trae Youngâs success continues to accumulate in the form of his investment portfolio. As part of his long-term financial goals, he wisely chose a team of experienced financial advisors to help him make sound investments for his future.
In order to ensure a secure future and build up his net worth, Trae has been investing in:
- Real estate
- Stocks and bonds
- Mutual funds
- Cryptocurrency
Each investment requires careful consideration due to the associated risks and rewards, but with the guidance of his financial advisors, Trae has been able to make informed decisions that have helped him build a solid portfolio.
His investments have yielded impressive returns that have enabled him to continue strengthening his net worth. With each new venture, he remains focused on securing a bright future for himself and those around him.
Real Estate Holdings
The Atlanta Hawks guard, Trae Young, has certainly made his mark on the basketball court. But what about his real estate holdings?
According to reports, Young has invested in a number of luxury properties, further increasing his already impressive net worth.
Young’s portfolio of high-end homes reflects his commitment to making wise lifestyle choices and enjoying the finer things in life. From condos in downtown Atlanta to beachfront villas in Miami, it’s clear that Young is looking for the best possible returns from his investments.
By diversifying his portfolio and investing in multiple properties, he’s ensured that he can enjoy a luxurious lifestyle for many years to come. Young’s real estate strategy appears to be paying off: not only is he living comfortably, but reports suggest that his portfolio continues to grow with each passing year.
With a sharp eye for lucrative opportunities, it seems that Young has found a way to turn his passion into financial success.
Other Business Ventures
Trae Young has leveraged his newfound fame to expand his business ventures beyond basketball. He has used his social media presence to develop international partnerships and increase his net worth.
Young’s first foray into the business world came in the form of a partnership with Adidas. Through this collaboration, Young was able to design his own signature shoe line and receive an endorsement deal from the company. This gave him access to a larger audience, which ultimately led to increased sales of his designs and more money in his pocket.
In addition to his shoe line, Young has also been involved in various other business ventures such as investing in real estate and technology startups. His investments have allowed him to diversify his income streams, thus increasing the potential for future growth and higher returns on investment.
Furthermore, he has also taken advantage of international partnerships with companies based in Europe and Asia that have opened up new markets for him and allowed him to further capitalize off of brand recognition abroad.
Overall, Trae Young’s smart business decisions have enabled him to not only increase his value as a professional athlete but also as an entrepreneur. His willingness to take risks and invest in different areas has allowed him to maximize profits while minimizing losses – something that will be key going forward if he wants continue success financially.
Philanthropic Endeavors
As the third-year Atlanta Hawks star continues to solidify his place among the NBA’s elite, his philanthropic endeavors are playing a greater role in shaping his net worth. Young is making a social impact through charitable giving, and he is using his resources to help those less fortunate.
Young’s generosity has been on full display during his time in the NBA. Like a phoenix rising from the ashes, he has transformed what could have been seen as mere pocket change into meaningful donations that have had far-reaching effects. The following table outlines some of Young’s most notable contributions:
| Organization | Donation Amount | Impact |
|---|---|---|
| Make-A-Wish Foundation | $10,000 | Grant wishes for children with life-threatening illnesses |
| United Way of Greater Atlanta | $17,500 | Support local community initiatives and programs that improve quality of life for all citizens in Greater Atlanta area |
| Boys & Girls Club of America (Atlanta) | $50,000+ | Provide youth development programs that foster academic success and personal growth for disadvantaged children in Atlanta area |
| Moms on the Run (Oklahoma City) | $25,000+ | Provide financial assistance and emotional support to families fighting cancer in Oklahoma City area |
| Trae Young Foundation (Atlanta) | $100,000+ | Provide scholarships and mentorship opportunities to underserved youth in Atlanta area |
Young’s commitment to helping others is not only admirable but also inspiring. His generous donations have provided much needed aid to individuals and organizations across the country. Moreover, by making such significant contributions, he is setting an example for future generations of athletes looking to make a difference through charitable giving.
Future Endeavors
One of the most remarkable aspects of Trae Young’s success is his commitment to youth mentorship. In addition to his immense financial success, Young has made it a priority to give back and help the next generation.
His platform, Trae Young Legends, provides a safe space for inner-city kids in Atlanta to learn about basketball, life lessons, and leadership skills. Young has also taken it upon himself to provide scholarships for several students in underserved communities.
Young is determined to leave behind an NBA legacy that will live on long after he retires from the game. He has been vocal about his desire to support young players and help them reach their full potential.
As part of this mission, he has created several initiatives such as the Trae Young Mentor Program and the Trae Young Jr. Basketball Academy, both of which are aimed at developing up-and-coming athletes. Young’s legacy extends far beyond just basketball; he is creating a lasting impact on future generations through his philanthropy and mentorship programs:
- Providing scholarships for underserved communities
- Creating safe spaces for inner-city kids with Trae Young Legends
- Establishing the Trae Young Mentor Program
- Founding the Trae Young Jr Basketball Academy
He is inspiring others by using his wealth and influence to create positive change in people’s lives and investing in the development of young talent across multiple sports disciplines. It’s clear that Trae Young’s legacy will remain long after he hangs up his sneakersâhis commitment to youth mentorship will ensure that future generations have access to opportunities they otherwise wouldn’t have had without him.
Conclusion
In conclusion, Trae Young is on the path to becoming one of the wealthiest players in the NBA. His estimated net worth is around $25 million dollars and it continues to grow due to his impressive investments, business ventures, and philanthropic efforts.
He’s currently the highest-paid rookie contract in the league and has endorsement deals with big companies such as Nike and State Farm. It’s no wonder why he’s considered one of the most promising young athletes in sports today.
Interestingly, in 2020 alone, Trae earned more than $20 million â a combination of his salary from Atlanta Hawks, endorsement deals, and other business ventures. If Trae continues to invest his money wisely, there’s no doubt that he’ll become an even bigger financial success in years to come.