Iman Shumpert's net worth today: NBA earnings, endorsements, and more

Iman Shumpert's net worth today: NBA earnings, endorsements, and more

Iman Shumpert has been trending online not because of his successful career but because of his divorce saga with his ex-wife, Teyana Taylor. His financial stamina is shaken and questioned because of his divorce settlements. Iman Shumpert's net worth is now the question of the day.

Iman at the Hennessy Arena All-Star Weekend (L) and at the People's Choice Awards at Barker Hangar
Iman at the Hennessy Arena All-Star Weekend (L) and at the People's Choice Awards at Barker Hangar. Photo: Natasha Campos, Rich Polk/E! Entertainment/NBCUniversal/NBCU Photo Bank (modified by author)
Source: Getty Images

TABLE OF CONTENTS

Iman Shumpert is a multifaceted American professional basketball player, entertainer, and business mogul. He has been in the game for over a decade and won an NBA championship with the Cleveland Cavaliers in 2016. Unlike many celebrities, his finances are automated, and he invests in lucrative businesses.

Profile summary

Full name

Iman Asante Shumpert

Nickname

Shump, Iman

Gender

Male

Date of birth

26 June 1990

Age

34 years old (as of 2023)

Zodiac sign

Cancer

Place of birth

Berwyn, Illinois, United States

Nationality

American

Ethnicity

African-American

Religion

Christianity

Sexuality

Straight

Height

6'5" (196 cm)

Weight

96 kg (212 lbs)

Hair colour

Black

Eye colour

Dark brown

Father

Odis Shumpert

Mother

L'Tanya Shumpert

Siblings

3

Marital status

Divorced

Ex-wife

Teyana Taylor

Children

2

School

Gwendolyn Brooks Middle School, River Forest High School

University/college

Georgia Tech University

Profession

Professional basketball player

Net worth

$16 million

Social media

Instagram

Facebook

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How much is Iman Shumpert's net worth in 2024?

According to the Celebrity Net Worth, Iman Shumpert's net worth in 2024 is $16 million. But how does Iman make his money? He has built a lucrative brand that generates significant income from basketball contracts, endorsement deals, and reality TV shows. Below is a breakdown of his sources of revenue.

NBA career

Most of Iman's net worth comes from the NBA. His basketball journey began in high school, where he excelled as a first-team all-state player and top-ranked senior.

However, his NBA journey began with the New York Knicks in 2011, and he was selected 17th overall. His career was for ten seasons till 2021, and he played for five teams. The teams he played for and the years he spent are these:

S/N

Club

Year

1

New York Knicks

2011–2015

2

Cleveland Cavaliers

2015–2018

3

Sacramento Kings

2018- 2019

4

Houston Rockets

2019

5

Brooklyn Nets

2019, 2021

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He also won an NBA championship with the Cavaliers in 2016. This undoubtedly impacted Iman Shumpert's salary.

According to ESPN, Iman Shumpert's NBA stats show he played 461 games, averaging 25 minutes per game throughout his 10-year career. His versatility marked his career as a shooting guard and small forward.

Facts about Iman Shumpert
Facts about Iman Shumpert. Photo: @ImanShumpertOfficial (modified by author)
Source: Original

Why is Iman Shumpert not playing basketball?

After playing his last game in February 2021 for the Brooklyn Nets, the skilled player has reportedly been occupied with other ventures. He also stepped down from playing to spend more time with his kids.

Entertainment

Imam is also a skilled rapper whose music often generates buzz, as in his bold response to Kendrick Lamar with Dear Kendrick in 2013. Below are some of his EPs, mixtapes, and albums and the year he released them:

S/N

Album

Year

1

Knicks Anthem

2012

2

Th3 #Post90s

2012

3

Substance Abuse

2018

4

Piece de la Foutu Pie

2019

5

This Car Ain't Stolen

2022

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Aside from this, he is a reality TV star. Shumpert's smooth moves with Daniella Karagach on Dancing with the Stars in the 30th season earned him the top prize in 2021, plus a $360,000 payday. He told the New York Times the following:

The main joy that I have with being with 'Dancing with the Stars' is not having to hide myself, not even a little bit.

According to his IMDb, he has also made waves in TV and films like The Chi, Them, and 21 and Over. He has produced credits on documentaries like 38 at the Garden and Under His Influence.

Real estate

Most of his investments are in real estate. For instance, Iman Shumpert's house in Studio City sold for $4 million in 2022 after buying for $3 million in 2018. He also purchased a $880,000 River Forest home for his parents in 2018.

One factor that influences his investment is his automated savings. He told Wealthsimple Magazine:

Since I entered the league, half of my checks have always gone into a separate account…I pride myself on doing that. I've done it no matter the size of my contract or salary.

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Endorsements

He made $2 million from a partnership with Sony BMG. Other lucrative endorsements came with top brands like Nike and Adidas.

Iman celebrated with a trophy
Iman celebrated with a trophy. Photo: @ImanShumpertOfficial on Facebook (modified by author)
Source: Facebook

How much money did Iman Shumpert make in the NBA?

Iman Shumpert's career earnings in his 10-year career were $48.2 million, as published by Spotrac. His first salary of three seasons with the New York Knicks was $4.6 million. He also signed his highest deal of $40 million with the Cleveland Cavaliers.

Iman Shumpert's divorce

Iman Shumpert and Teyana Taylor, a model, actor, singer, and entrepreneur, tied the knot in 2016. The couple welcomed their daughters Junie and Rue in 2015 and 2020.

However, in January 2023, Teyana secretly filed for a divorce, stating infidelity, abuse, and jealousy of success from Iman as the reason. It was publicly known in November 2023, and the divorce is now official.

How much does Iman have to pay Teyana?

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As per The Jasmine Brand, Teyana will receive a seven-figure settlement and four marital properties valued at $10 million from Iman. He will also pay $8,000 monthly in child support and cover school expenses for their two children.

Who makes more money, Teyana or Iman?

In June 2024, Iman stated in court that Teyana earns nearly twice as much as him, as published on TMZ. He claims he makes $48,000 monthly, while Teyana earns $94,000.

Iman Shumpert at an ESPYs
Iman Shumpert at an ESPYs at Dolby Theatre in Hollywood, California. Photo: Axelle/Bauer-Griffin/FilmMagic)
Source: Getty Images

Iman Shumpert's height

Iman Shumpert is 6 feet 5 inches (196 centimetres) tall. He also weighs 212 pounds (96 kilograms).

Iman Shumpert's net worth is a testament to his hard work and savvy business moves. He might be handling some financial crisis, but he is still rich.

READ ALSO: Teyana Taylor's net worth, parents, husband, measurements, tattoo

Briefly.co.za discussed Iman Shumpert's ex-wife, Teyana Taylor. She is a Harlem native known for several things she does perfectly. Besides being a producer, she is a songwriter, actress, director and choreographer.

Her skills have allowed her to work with significant entertainment industry players, significantly impacting her net worth. The post discusses details about her current worth and personal life.

Source: Briefly News

Authors:
Favour Adeaga avatar

Favour Adeaga (Lifestyle writer) Dr. Favour Adeaga is an author, speaker, and coach. He graduated with a degree in Mass Communication from The Polytechnic, Ibadan, Nigeria. He did his internship at The Nation Newspaper and taught diploma students in Newspaper and Magazine courses at the Nasarawa State University, Keffi. He has curated the facts and life hacks category since 2018. Dr Favour is the author of several books available on Amazon. He currently lives in Nigeria. Email: favouradeaga@gmail.com

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