Lamar Odom Net Worth
Category: Richest Athletes › NBA Players
Net Worth: $30 Million
Salary: $8.2 Million
Date of Birth: Nov 6, 1979 (43 years old)
Place of Birth: South Jamaica
Gender: Male
Height: 6 ft 9 in (2.08 m)
Profession: Basketball player, Actor
Nationality: United States of America
What’s Lamar Odom’s net worth and earning potential?
Lamar Odom is a $30 million net worth American professional basketball player. Lamar Odom amassed his fortune while playing professional basketball for the Los Angeles Lakers in the NBA. Lamar earned $115 million in total compensation (pre-tax) during his NBA career. His highest-paying season was 2008-2009, when he received $14 million from the Lakers.
Early life
Joseph Odom was born in South Jamaica, Queens, New York City, on November 6, 1979. Odom had a difficult childhood. His mother died of colon cancer when he was 12 years old. His father was a heroin user. Mildred, his grandma, raised him. Odom was a standout basketball player at Christ The King Regional High School, Redemption Christian Academy, and St.
Thomas Aquinas High School. Odom was selected Parade Player of the Year in 1997, as well as USA Today All-USC First Team and Parada All-American First Team. Odom considered entering the NBA right out of high school, but ultimately decided he wasn’t ready. Odom received aThe University of Nevada Las Vegas awarded Odom a scholarship.
However, his scholarship was removed after some issues about his ACT score appeared, and he was arrested for soliciting prostitution. Instead, Odom enrolled at the University of Rhode Island, where he played one season before entering the NBA Draught in 1998-99.
Career
After his freshman year at the University of Rhode Island, this 6 foot 10 inch forward was taken with the fourth overall pick in the 1999 NBA Draught by the Los Angeles Clippers. He was nominated to the NBA All-Rookie First Team in 2000 as a result of his outstanding rookie season. In the 2003-2004 season, he joined another young rookie, Dwyane Wade, with the Miami Heat. At the end of the season, Lamar was moved to the Los Angeles Lakers as part of a package deal with Caron Butler and Brian Grant for All-Star Shaquille O’Neal. From 2004 until 2011, he was a member of the Los Angeles Lakers. From 2011 to 2012, he was a member of the Dallas Mavericks, and from 2012 to 2013, he was a member of the Los Angeles Clippers.
Private Life
Odom was previously married to his ex-girlfriend Liza Morales. Destiny, born in 1998, Lamar Jr., born in 2002, and Jayden, born in 2005, were the couple’s three children. Jayden died on June 29, 2006, as a result of Sudden Infant Death Syndrome.
Property Management
Odom paid slightly under $3 million for an 8,557-square-foot estate in the Miami suburb of Pinecrest, Florida, in 2003. When he was traded by the Miami Heat, he kept the mansion and rented it out for $20,000 per month. He tried to sell the house for several years. In April 2017, he listed the house for $5.2 million, then reduced the price to $4.5 million, and then again to $4.1 million. Odom relisted the house in October 2017 for $3.8 million, then reduced the price to $3.4 million in January 2018. He relisted it for $3.6 million a month later.
FAQ
How Did Lamar Odom Accumulate His Wealth?
Lamar Odom accumulated his wealth primarily through his NBA career, lucrative endorsements, successful business ventures, and strategic investments.
What Is Lamar Odom’s Net Worth in 2023?
Lamar Odom’s net worth in 2023 is estimated to be in the range of $30 million to $40 million, considering his various assets and income streams.
Did Lamar Odom’s Personal Issues Affect His Finances?
Yes, Lamar Odom’s personal issues, including health challenges and legal matters, did have an impact on his finances, leading to some financial setbacks.
What Are Some of Lamar Odom’s Notable Investments?
Lamar Odom’s notable investments include real estate properties and business ventures in the fashion and entertainment industries.
Is Lamar Odom Still Earning from His NBA Career?
While Lamar Odom is no longer actively playing in the NBA, he may still earn from endorsements, appearances, and investments related to his basketball career.
How Can I Learn from Lamar Odom’s Financial Journey?
You can learn from Lamar Odom’s financial journey by studying his successful investments, diversification strategies, and how he navigated challenges in his personal life.
Conclusion
Lamar Odom’s net worth in 2023 reflects not only his successful NBA career but also his entrepreneurial spirit and strategic financial decisions. Despite facing personal challenges, he has managed to maintain a significant financial standing. This comprehensive guide has shed light on the various facets of Lamar Odom’s financial journey.
