LaMelo Ball's net worth: Deals, houses, car collection and assets
It is no longer a secret that professional athletes are among the highest-earning individuals worldwide. Some earn seven digits with only a few playing hours. But, of course, it has taken hours of practice and a lifetime’s worth of dedication for some of the wealthiest athletes to be where they are today. Explore LaMelo Ball's net worth to see how hard work pays.
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LaMelo Ball is an American professional basketball star for the Charlotte Hornets of the NBA. In 2021, he was voted the NBA Rookie of the Year and named an NBA All-Star the following season.
Ball is worth millions of dollars, and since he is just starting his professional NBA career, one can only imagine how much wealth he would have accrued in a few years.
LaMelo Ball's profile summary and bio
Full name | LaMelo LaFrance Ball |
Nickname | Melo |
Gender | Male |
Date of birth | 22 August 2001 |
Age | 22 years old (2024) |
Zodiac sign | Leo |
Birthplace | Anaheim, California, USA |
Nationality | American |
Ethnicity | Mixed |
Religion | Christianity |
Alma mater | Chino Hills High School and SPIRE Academy |
Height in feet | 6’7’’ |
Height in centimetres | 201 |
Weight in kilograms | 82 |
Weight in pounds | 180 |
Hair colour | Dark brown |
Eye colour | Dark brown |
Shoe size | 11 (US) |
Sexuality | Straight |
Marital status | Single |
Parents | Tina and LaVar Ball |
Siblings | Lonzo Anderson and Li Angelo Robert Ball |
Profession | Basketball player |
Net worth | $20 million |
Social media | InstagramTwitter |
How old is LaMelo Ball?
LaMelo Ball (aged 22 as of 2024) was born on 22 August 2001 in Anaheim, California, USA. His parents, Tina and LaVar Ball, were both college basketball players. In addition, Melo’s older brothers, Lonzo Anderson and LiAngelo Robert, are renowned NBA stars.
Regarding his education, LaMelo began high school at Chino Hills High School. However, he transferred to SPIRE Academy in Geneva, Ohio, due to a coaching dispute.
How much is LaMelo Ball’s net worth?
According to Celebrity Net Worth, Ball has an estimated net worth of $20 million at the time of writing. His financial success can be attributed to his successful basketball career, lucrative endorsement deals, savvy investments and thriving business ventures.
LaMelo Ball’s contracts and salary
In the 2020 NBA draft, LaMelo was selected with the third overall pick by the Charlotte Hornets. He soon signed a 2-year $16 million contract with the team. On 6 July 2023, the sportsman signed a five-year rookie contract extension deal with the Hornets.
This contract is worth up to $260 million. How much does LaMelo Ball earn? Here is a breakdown of LaMelo Ball's salary since he joined the NBA and his estimated earnings from his current rookie contract:
Seasons | Salary |
2020/21 | $7,839,960 |
2021/22 | $8,231,760 |
2022/23 | $8,231,760 |
2023/24 | $10,900,635 |
2024/25 | $35,500,000 |
2025/26 | $38,340,000 |
2026/27 | $41,180,000 |
2027/28 | $44,020,000 |
2028/29 | $46,860,000 |
LaMelo Ball’s Puma deal
Just before the NBA draft, Ball signed what has been reported as a $100 million long-term shoe deal with Puma.
Interestingly, he was the only rookie from the 2020 draft class to bag a major sneaker contract before the 2020/21 season started. As part of the contract, Puma offered the NBA star a private jet whenever needed.
LaMelo Ball’s house
LaMelo owns a luxurious mansion in Jacksonville, North Carolina. The property is valued at $10.1 million. It includes indoor and outdoor swimming pools, a helipad, 18 bathrooms, 11 bedrooms and a spa wrapped with a breathtaking view of the Atlantic Ocean.
Furthermore, the basketball player owns an apartment in Uptown Charlotte worth $3 million. The 3355-square-foot property includes three bedrooms.
What car does LaMelo Ball drive?
Like most athletes, the sportsman is a big fan of SUVs and sports cars. Below is LaMelo Ball’s car collection and how much he reportedly paid for each piece:
Car | Buying price |
Mercedes-AMG G63 | $180,000 |
Lamborghini Gallardo | $185,000 |
Lamborghini Urus | $229, 245 |
Ferrari F8 Tributo | $282,000 |
Rolls Royce Cullinan | $341, 250 |
How much is the Ball family worth?
The Ball family’s net worth is allegedly $61.3 million. But then, how did they accumulate this much? LaVar Ball, the patriarch of the family, was a former basketball star. He is allegedly worth $4 million.
The family's matriarch, Tina Ball, formerly played for the Cal State Los Angeles Golden Eagles. As an athletic director, she teaches physical education to middle schoolers while working at Vernon Middle School in Montclair, California. Her net worth is estimated at $1.5 million.
The couple’s first child, Lonzo Anderson Ball, plays for the NBA's Chicago Bulls. He is reportedly worth $35 million. Conversely, Li Angelo, the second of the Ball brothers, is the least successful, as he still plays in the NBA G League. He is worth around $800,000.
Which Ball brother is the richest?
If you consider their net worth, Lonzo Anderson is the richest, with a $35 million net worth. In 2021, he signed a five-year contract with the Chicago Bulls worth a whopping $80,000,000 guaranteed and an annual salary of $20,000,000.
LaMelo Ball's net worth, even for a 22-year-old NBA player, is impressive. He might be the youngest in the Ball family, but he is making so much money for himself and is already venturing into the business side of basketball.
READ ALSO: Peter Obi's net worth: What companies and banks does he own?
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Although he came third behind Bola Ahmed Tinubu, the country's current president, and Alhaji Atiku Abubakar, he gained massive followers, ensuring that many people are interested in knowing his source of wealth.
Source: Briefly News