Latrell Sprewell Net Worth 2022: Former NBA Star Has Wealth More Than You Think

Latrell Sprewell

Overview

Latrell Sprewell is a former professional basketball player who played in the National Basketball Association (NBA) for 13 seasons. He is best known for his tenure with the Golden State Warriors, where he was a three-time All-Star and helped lead the team to the playoffs in 1994 and 1995. In 1997, Sprewell became embroiled in controversy after he choked and assaulted then-Golden State Warriors head coach P. J. Carlesimo during a practice session. As a result of the altercation, Sprewell was banned from the NBA for 68 games. He later played for the New York Knicks, Minnesota Timberwolves, and Milwaukee Bucks before retiring in 2005.

Career earnings: Latrell Sprewell

Latrell Sprewell, who last played in the NBA in 2003, has reportedly earned more than $96 million in his career. That’s a lot of money, but it’s not as much as one might think. If you adjust for inflation, Sprewell would have earned more than $130 million if he had retired in 2016.

Still, that’s a lot of cash. And it’s no wonder Sprewell is considered one of the wealthiest players in the history of the NBA. Even after adjusting for inflation, he still comes ahead of several high-profile players, including Kobe Bryant and LeBron James.

So what does Sprewell do with all his money? Well, he’s been known to invest in several businesses over the years, including a car dealership and a few restaurants.

Investments and property: Latrell Sprewell

In 1998, Latrell Sprewell turned down a three-year, $21 million contract extension from the Golden State Warriors, claiming that it “wasn’t enough money.” The following year, he signed a $32 million contract with the New York Knicks. In 2004, he was traded to the Minnesota Timberwolves, earning $14.6 million over the next two seasons. In 2006, Sprewell was waived by the Timberwolves and subsequently retired from professional basketball.

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During his career, Sprewell earned over $100 million in salary alone. He also made wise investments, including a stake in a Minneapolis restaurant chain and real estate ventures in his native Milwaukee. In 2009, Sprewell put his Milwaukee home on the market for $3.9 million; it ultimately sold for $2.8 million.

Endorsements: Latrell Sprewell

Latrell Sprewell is a former professional basketball player who played in the National Basketball Association (NBA). He is best known for his time with the Golden State Warriors, where he was a three-time All-Star and helped lead the team to the playoffs. In 1997, Sprewell famously choked then-Warriors head coach P.J. Carlesimo during a practice, which led to him being suspended from the league. After his playing career ended, Sprewell worked as a television analyst and has been involved in several business ventures. In September 2018, he announced he would be running for mayor of Milwaukee.

Latrell Sprewell

Charitable work: Latrell Sprewell

Latrell Sprewell is known for his many years in the NBA, playing for teams like the Golden State Warriors, the New York Knicks, and the Minnesota Timberwolves. However, many people don’t know that he does a lot of charitable work in his spare time. Latrell is a role model on and off the basketball court! He frequently visits schools to talk with kids about staying in school and making good choices; he has worked with the “I Have a Dream” Foundation to help underprivileged children reach their education goals, and he started a foundation called “Feed My Starving Children” to provide food and water to people in developing countries.

FAQs

How did Latrell Sprewell spend his money?
Ans: Most of Sprewell’s professional earnings of more than $100 million went to buying homes and boats and paying child support. In the end, he lost both his home and ship to foreclosure. Sprewell is now downsizing to a small rented apartment. He also owes $3.5 million in overdue taxes to the state of Wisconsin.

What was Latrell Sprewell known for?
Ans: A four-time All-Star with the Golden State Warriors and New York Knicks, Latrell Sprewell isn’t remembered for his 18.3 points a night throughout his 13-year professional career. For the rest of his life, he’ll be known as the person who tried to choke his coach to death and had the lamest contract offer rejection in history.

How much money did Latrell Sprewell turn down?
Ans: He turned down a $21 million contract extension that would have kept Latrell Sprewell in the NBA until he was nearly 40 when he turned 34 in 2004. As Sprewell put it at the time, the offer was “insulting” and said he had “a family to feed.”

Who choked the NBA coach?
Ans: Latrell Sprewell will forever be known as the player who threatened to kill his coach, regardless of how well he performs on the court. Sprewell was choked at a Golden State Warriors practice in 1997 by P.J. Carlesimo, who returned about twenty minutes later to resume the assault.

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