Grab all the details on the net worth of the American professional basketball player Carmelo Anthony.
The American professional basketball player Carmelo Anthony plays for the Portland Trail Blazers of the National Basketball Association (NBA). In the league, he's been named an NBA All-Star ten times and an All-NBA Team member six times.
During his time in university, Carmelo Anthony played college basketball for the Syracuse Orange and won a national championship as a freshman in 2003. He was also named the NCAA Tournament's Most Outstanding Player in the same year. As an NBA superstar, Carmelo makes tons of money by playing in the most prestigious basketball league in the world. Here are the details of his earnings and net worth.
According to an article by Celebrity Net Worth, Carmelo Anthony holds an estimated net worth of $160 million as of July 2020. As one of the most wealthy basketball players in the NBA, Carmelo Anthony comes in number 18 among the 20 Richest NBA Players in the World 2020 in a list compiled by Wealthy Gorilla. His earnings come from his club salary, brand sponsorship, advertisements, and promotions.
Carmelo Anthony currently holds an estimated net worth of $160 million.
Source: CBS Sports
Carmelo Anthony - who recently underwent weight loss - began making the highest ever salary of his career, which was annual earning of $26 million in the 2017-2018 season. Apart from his salary, Carmelo Anthony makes an additional $9 million a year from endorsements. He was in contract with the New York Knicks worth $80 million over five years. Between June 2017 and June 2018, Carmelo Anthony earned $33 million from salary and endorsements. As of 2020, Carmelo earned $260 million from his NBA salary alone.
Here's the breakdown of Carmelo Anthony's net worth from his part in NBA over the years:
Earnings from Denver Nuggets: $53 million
Earnings from New York Knicks: $136 million
Earnings from Oklahoma City Thunder: $26 million
Carmelo Anthony bought a 21,000 square-foot mansion in Denver spread across a 6-acre area for $12 million, at the time while he was playing for the Denver Nuggets. He listed this home for sale in 2010, after the bubble burst, for $9.5 million. Ultimately, he sold the house for $6.2 million, with a loss of nearly $6 million.
Carmelo Anthony bought a 21,000 square-foot mansion in Denver spread across a 6-acre area for $12 million in 2015.
Source: Elite Sports NY
Again in 2015, Carmelo Anthony purchased a brand new five-bedroom condo in New York City for $11 million. He listed this property for sale in February 2020 for $12.85 million.
Carmelo Anthony is the founder of the North American Soccer League expansion team, Puerto Rico FC, which he founded in 2015. Also, he made a $5 million investment round in Nobody's Pizza, with a plan to roll the chain out to 20-30 locations around the country.
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