Latrell Sprewell Net Worth, Salary, Contracts

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Latrell Fontaine Sprewell

Net Worth: $2 million

Source of Wealth: sports, basketball

Born: September 8, 1970 in Milwaukee, Wisconsin

College: University of Alabama

Latrell Sprewell is a former NBA basketball player. He played 13 seasons in the NBA. He is a 4-time NBA All-Star. He is also known for choking his coach (P.J. Carlesimo) during a Golden State Warriors practice in 1997.

How much money did Latrell Sprewell make?

Season Team Lg Yearly Salary
1992-93 Golden State Warriors NBA $550,000
1993-94 Golden State Warriors NBA $700,000
1994-95 Golden State Warriors NBA $890,000
1995-96 Golden State Warriors NBA $975,000
1996-97 Golden State Warriors NBA $7,000,000
1997-98 Golden State Warriors NBA $7,770,000
1998-99 New York Knicks NBA $8,300,000
1999-00 New York Knicks NBA $9,000,000
2000-01 New York Knicks NBA $10,125,000
2001-02 New York Knicks NBA $11,250,000
2002-03 New York Knicks NBA $12,375,000
2003-04 Minnesota Timberwolves NBA $13,500,000
2004-05 Minnesota Timberwolves NBA $14,625,000
Career (may be incomplete) $97,060,000

Contracts
1999 – Signed a 5-year, $62 million contract with the New York Knicks.
1995 – Signed a 4-year, $32 million contract with the Golden State Warriors.

In 1995, Sprewell’s basketball career came to an sudden end when he refused a 3-year, $21-million contract offer from the Minnesota Timberwolves. He said the $21 million contract offer was “insulting”

Paid endorsements and sponsors

Sprewell had endorsement deals with Converse (worth a reported $500,000-$700,000 per year), And1 (worth $1 million), and DaDa.

Financial trouble

In 2007, Sprewell’s companion/girlfriend sued him for $200 million for ending their relationship agreement. She claimed Sprewell agreed to support her and their four kids while they were in college.

In 2008, Sprewell lost his 70-foot yacht after he defaulted on a $1.5 million mortgage.

Sprewell also had two homes in Wisconsin and New york  facing foreclosure.

In 2007, the state of Milwaukee filed a lawsuit against Sprewell for $72,102 in unpaid taxes.

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Posted by Admin   @   29 April 2012 0 comments

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