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