How much is DeMar DeRozan’s net worth?
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| net worth: | $110 million |
|---|---|
| age: | 34 |
| Salary: | $23.4 million |
| Income: | $257.6 million |
| Country: | United States of america |
| Sources of funds: | nba players |
| Sponsor: | Nike, Spalding |
| Birth: | 7 August, 1989 |
| Height: | 2.01 m (6 ft 7 in) |
| Last Updated: | July 25, 2024 |
Introduction
DeMar DeRozan is an American professional NBA player who plays for the Sacramento Kings who has an estimated net worth of $110 million.
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During his 16-year career in the league, DeRozan has earned $257.6 million, giving him a lifetime average annual salary of $16.1 million. He recently signed a new 3-year, $73.9 million contract as part of a sign-and-trade deal between the Kings and the Chicago Bulls.
Now, in his mid-30s, it’s unclear how much longer DeMar will play professionally. If things go according to plan, he should be earning a lifetime salary of $330 million by 2027. This, combined with an estimated $4 million/year from endorsement income, has helped his net worth grow substantially over the past decade.
Career Overview
DeMar DeRozan was ranked third in the nation by Rivals.com after high school, and in his senior year, he earned Parade All-American honors.
In November 2007, he signed with the University of Southern California, turning down offers from Arizona State and North Carolina. During his first game with the Trojans, he scored a team-high 21 points and was later named the Pac-10 Tournament MVP.
Although he only spent one season with USC, it was enough to garner a lot of attention from the NBA. Inspired by some of the richest NBA players in the world, DeRozan decided to forgo his final three years of eligibility at USC to enter the draft.
Toronto Raptors
Upon entering the 2009 NBA Draft, the Toronto Raptors selected DeMar DeRozan ninth, and in July, he signed his contract. Shortly thereafter, he participated in the Sprite Slam Dunk Contest, but lost in the final round to three-time champion Nate Robinson.
On the court he scored a career-high 37 points in a game, which he achieved twice more over the next three years.
In 2014, he scored 40 points against the Dallas Mavericks, one of the richest teams in the NBA, which was more than his previous record.
DeRozan was selected as a reserve guard for the Eastern Conference All-Star team in the 2014 NBA All-Star Game.
Making it to the playoffs
During DeMar DeRozan’s first playoff game, he scored 14 points in a loss, but came back in the second game to score 30 points in two consecutive games.
These 30-point games made him the first Raptor to score 30 points in back-to-back playoff games since Vince Carter, though the Raptors lost to the Nets.
DeRozan recorded several career-highs in the 2014–15 season opener, including 11 rebounds and six steals in a 109–102 win over the Atlanta Falcons.
On April 11, DeRozan was named Eastern Conference Player of the Month, joining Kyle Lowry and Chris Bosh as the only Raptors players to receive the honor.
On December 14, 2015, he was named Eastern Conference Player of the Week, becoming the seventh Raptor to receive the award.
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The following February, he enjoyed his 233rd career win when he helped Lowry beat the New York Knicks 122–95.
Becoming a legend
In July 2016, DeRozan re-signed with the Raptors for five years and later became the first Raptor to start a season with three straight 30-point games. He continued this streak with five consecutive 30-point games, the best start to a season since Michael Jordan in the 1986–87 season.
DeRozan was named as a starter on the Eastern Conference All-Star team for the 2017 NBA All-Star Game, becoming the fourth Raptor to do so.
At the end of the 2016–17 season, he had scored a career-high 2,020 points with a 27.3 average, the second-most in franchise history.
In May he was named to the All-NBA Third Team for the first time, and he started the following season even stronger.
Adding to his records, he became the first player in NBA history to score more than 50 points in a New Year’s Day game.
San Antonio Spurs
After finishing his final season with the Raptors, DeMar DeRozan was traded to the San Antonio Spurs for Kawhi Leonard. This trade was quite controversial as DeRozan was a fan favorite in Toronto, and the team’s fans were not happy to see him go.
In his debut game with the Spurs, DeRozan scored 28 points in a win against the Minnesota Timberwolves and later recorded his first double-double.
During the 2019-20 season, he started off well and was invited to the NBA Bubble after the season was suspended due to COVID-19. After the break, he recorded a career-high 14 assists during the 2021 season, but the Spurs ultimately missed the playoffs.
In August 2021, DeRozan was traded again to the Chicago Bulls in exchange for Thaddeus Young, and Chicago was happy to have him.
Chicago Bulls
After debuting with Scottie Pippen’s former team, DeRozan hit two game-winning shots at the buzzer, once in December and again in January. This made him the first player in NBA history to have game-winning buzzer-beaters in two consecutive games, and it earned him his fifth NBA All-Star Game selection.
During the 2022 NBA All-Star Game, he was selected by LeBron James, and his team defeated Kevin Durant’s 163–160.
In October 2022, he became the 50th player in NBA history to score 20,000 career points, an honor his former Spurs coach.
In 2023, he continued to set records and was selected to play in the NBA All-Star Game as an Eastern Conference reserve.
Additionally, DeRozan and Zach LaVine broke Michael Jordan and Horace Grant’s record for most points by a Bulls duo in a game.
Career Income and Salary
| Year | Team | Salary |
|---|---|---|
| 2009/10 | Toronto Raptors | $2,282,640 |
| 2010/11 | Toronto Raptors | $2,453,880 |
| 2011/12 | Toronto Raptors | $3,344,250 |
| 2012/13 | Toronto Raptors | $3,344,250 |
| 2013/14 | Toronto Raptors | $9,500,000 |
| 2014/15 | Toronto Raptors | $10,100,000 |
| 2015/16 | Toronto Raptors | $10,050,000 |
| 2016/17 | Toronto Raptors | $26,540,100 |
| 2017/18 | Toronto Raptors | $27,739,975 |
| 2018/19 | San Antonio Spurs | $27,739,975 |
| 2019/20 | San Antonio Spurs | $27,739,975 |
| 2020/21 | San Antonio Spurs | $27,739,975 |
| 2021/22 | Chicago Bulls | $26,000,000 |
| 2022/23 | Chicago Bulls | $27,300,000 |
| 2023/24 | Chicago Bulls | $28,600,000 |
| Total Career Earnings: | $260,475,020 | |
nba salaries
In 2009, DeMar DeRozan signed a four-year, $10.7 million rookie contract with the Toronto Raptors. The deal was fully guaranteed, and DeRozan earned $2.3 million in his first NBA season.
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In 2013, DeRozan signed a four-year rookie extension with Toronto worth $38 million. He earned $9.5 million in 2013, $10.1 million in 2014, and $10.15 million in 2015.
DeRozan signed his most valuable NBA contract, a five-year, $139 million deal with the Raptors, in 2016. This brought his average annual salary to $27.8 million. He played two more seasons with the Raptors before moving to the San Antonio Spurs.
After completing his contract with the Spurs and earning $135.8 million, DeRozan’s next deal was with the Chicago Bulls.
In 2021, he signed a three-year, $81.9 million contract with the Bulls. The deal was fully guaranteed, and he earned a career-high $28.6 million in the 2023/24 season.
So far in his NBA career, DeMar DeRozan has earned $257.6 million, which is divided between three teams as follows:
- Toronto Raptors: $94.2 million
- Chicago Bulls: $81.9 million
- San Antonio Spurs: $81.5 million
endorsement
In 2019, DeMar DeRozan and fellow NBA star Damian Lillard signed an endorsement deal with Spalding. This collaboration resulted in a ‘Holiday Slam’ limited release that included signed basketballs.
Nike has also endorsed DeRozan for the duration of his career, signing a new four-year deal in 2022. DeRozan has been known to wear Nike Kobe shoes during games, including older rare releases.
It is estimated that DeMar DeRozan earns $4 million per year from endorsements.
DeMar DeRozan Net Worth
Since we began covering DeRozan in 2020, his estimated net worth has increased by nearly 400%. This is primarily due to the additional $117 million in base salary he has earned since then. With $58.2 million guaranteed remaining on his active contract, that figure should rise over the next three years.
In 2024, DeMar DeRozan’s net worth is estimated to be $110 million.
Frequently Asked Questions
Here are some of the most frequently asked questions by people about DeMar DeRozan’s net worth:
How has DeMar DeRozan’s net worth evolved over the years?
When we first discussed DeMar DeRozan’s net worth in 2020, it was estimated to be $23 million. This happened shortly after he completed his rookie extension with the Raptors and signed a new deal worth $139 million. Since then, DeRozan has consistently earned an annual salary between $24 million and $28 million, which is the main reason for the increase in his net worth estimates.
How does DeMar DeRozan’s net worth compare to other NBA players?
According to our estimates, DeRozan’s net worth is similar to players like Blake Griffin, Chris Bosh, John Wall, and Vince Carter.
What contracts has DeMar DeRozan signed?
Demar has signed five contracts throughout his career: three with the Toronto Raptors and two with the Chicago Bulls. The details are as follows:
- 2009 – Toronto Raptors: $10.7 million/4 years (rookie contract)
- 2013 – Toronto Raptors: $38 million/4 years (rookie extension)
- 2016 – Toronto Raptors: $139 million/5 years (max)
- 2021 – Chicago Bulls: $81.9 million/3 years (sign-and-trade)
- 2024 – Chicago Bulls: $73.89 million/3 years (sign-and-trade)
Summary
One of the highest-paid players in NBA history, DeRozan’s success can be attributed to his consistency and longevity. Over the past 11 years of his career, DeMar has earned a steady salary between $24 million and $28 million/year. Considering that the sport is filled with injuries and new talents arrive every year, this is no easy feat.
What do you think about DeMar DeRozan’s net worth? Comment below.
Article sources
All calculations, estimates, and conclusions made in this net worth profile are based on public information and data. Our writers are committed to providing our readers with a trustworthy and authentic experience, and going forward; we will do our best to cite the sources used when researching the profile.
- DeMar DeRozan. (2024, July 20). In Wikipedia. https://en.wikipedia.org/wiki/DeMar_DeRozan
- DeMar DeRozan: NBA.Statmuse. Retrieved July 21, 2024, from https://www.statmuse.com/nba/player/demar-derozan-890
- DeMar DeRozanSpotrac. Retrieved July 21, 2024, from https://www.spotrac.com/nba/player/_/id/6327/demar-derozan
- (2020, May 22). DeMar DeRozan. Forbes. Retrieved July 21, 2024, from https://www.forbes.com/profile/demar-derozan/
- (2019, November 5). Spalding® Teams Up with Damian Lillard and DeMar DeRozan for the First-Ever “Spalding.com Holiday Slam” Online Shopping Event. PR Newswire. Retrieved July 21, 2024, from https://www.prnewswire.com/news-releases/spalding-teams-up-with-damian-lillard-and-demar-derozan-for-first-ever-spaldingcom-holiday-slam-online-shopping-event-300951894.html
- DeMar DeRozan Support. OSDB. Retrieved July 21, 2024, from https://www.osdbsports.com/nba/players/demar-derozan/endorsements
- [NBA on TNT](2017, June 28). Drake and Will Ferrell Handshake Lesson – NBA Awards 2017 | NBA on TNT [Video]. YouTube. https://www.youtube.com/watch?v=knX0i-QBQ7w&t=104s
- [Sony Pictures Entertainment](2022, February 12). Uncharted – DeMar DeRozan’s Uncharted Path [Video]. YouTube. https://www.youtube.com/watch?v=droMcuaw-rw
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Category: Net worth