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Carmelo Anthony Net Worth: Scoring Big on and off the Court

Carmelo Anthony Net Worth: Scoring Big on and off the Court
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Carmelo Anthony (born May 29, 1984) is a former professional basketball player renowned for his scoring ability. He played 19 seasons in the NBA, earning ten All-Star selections and six All-NBA Team honors. Anthony won a NCAA championship with the Syracuse Orange in 2003 and was named the tournament’s Most Outstanding Player.

Selected third overall by the Denver Nuggets in the 2003 NBA draft, he later played for the New York Knicks, Oklahoma City Thunder, Houston Rockets, Portland Trail Blazers, and Los Angeles Lakers. Anthony has also represented the U.S. in the Olympics, winning three gold medals.

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Carmelo Anthony Net Worth

Carmelo Anthony has a net worth of $160 million. His highest annual salary reached $26 million during the 2017-2018 season, complemented by $9 million from endorsements. His New York Knicks contract was valued at $80 million over five years.

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Between June 2017 and June 2018, he earned $33 million from both salary and endorsements, accumulating $260 million from his NBA career alone. His salary breakdown includes $53 million from the Nuggets, $136 million from the Knicks, $26 million from the Thunder, $25.5 million from the Hawks, and $182,000 from the Rockets.

Early life

Carmelo Anthony was born in the Red Hook Houses of Brooklyn, New York City, to Puerto Rican and African-American parents. After his father passed away when he was two, his family moved to Baltimore. Anthony excelled at Towson Catholic High School, becoming a top player and earning multiple accolades.

He transferred to Oak Hill Academy for his senior year, where he led his team to a 32–1 record, averaging 21.7 points per game. Despite early academic struggles, he achieved the necessary ACT score to attend Syracuse University, where he became a national champion in 2003.

Career

Carmelo Anthony played one season at Syracuse University during the 2002–03 season, averaging 22.2 points and 10.0 rebounds. He led the Orangemen to their first NCAA tournament title, scoring a record 33 points in the Final Four and earning the Most Outstanding Player Award.

After a successful freshman year, he declared for the 2003 NBA draft, being selected third overall by the Denver Nuggets. In his rookie season, he averaged 21.0 points, became the first rookie to lead a playoff team in scoring, and helped transform the Nuggets from a struggling team to a playoff contender.

Personal life

Carmelo Anthony has two brothers, Robert and Wilford, and a half-sister, Daphne. He lost his sister, Michelle, in 2010. His mother, Mary, is African American, while his father, Carmelo Iriarte, was Puerto Rican.

LAS VEGAS, NV – JULY 17: NBA player and 2016 USA Basketball Men’s National Team member Carmelo Anthony (L) and his wife radio/television personality La La Anthony attend as he hosts the Team USA welcome dinner at Lakeside at Wynn Las Vegas on July 17, 2016 in Las Vegas, Nevada. (Photo by Bryan Steffy/Getty Images for Haute Living)

Anthony is part of the “banana boat crew” with LeBron James, Chris Paul, and Dwyane Wade, friends since their teenage years. He was engaged to La La Vazquez, with whom he has a son, Kiyan, born in 2007. The couple married in 2010 but filed for divorce in June 2021 after living separately.

Does Carmelo Anthony own any businesses?

Carmelo Anthony owns several businesses, including a media production company named Creative 7 and a wine brand called Seventh Estate. Earlier this year, he partnered with Isos Capital to establish Isos 7 Sports Investments, a $750 million private equity fund aimed at investing in emerging businesses within the sports industry.

Conclusion

Carmelo Anthony’s legacy extends beyond his on-court achievements. His significant net worth, entrepreneurial ventures, and impactful basketball career make him a notable figure in sports and business. His journey reflects a blend of athletic excellence and business acumen, making him a standout role model in the sports world.

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FAQs about Carmelo Anthony’s Net Worth
  1. What is Carmelo Anthony’s net worth?
    • As of 2023, Anthony’s net worth is estimated at $160 million.
  2. Has Carmelo Anthony won an NBA championship?
    • No, Anthony hasn’t won an NBA championship.
  3. What businesses does Carmelo Anthony own?
    • He owns a media production company, Creative 7, and a wine brand, Seventh Estate.
  4. Did Carmelo Anthony play in the Olympics?
    • Yes, he played in four Olympics, winning three gold medals.
  5. What is Carmelo Anthony known for?
    • He’s known for being one of the NBA’s most prolific scorers and his impact both on and off the court.

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