LaMelo Ball in a file photo [Image Credit: Instagram@melo]

What is LaMelo Ball’s net worth, franchise fee, salary, and brand endorsements (2024)?

March 29, 2024April 21, 2024 pratik

LaMelo Ball plays pro basketball for the NBA’s Charlotte Hornets. Born in Anaheim on August 22, 2001 to LaVar and Tina Ball who were basketball players. Very young, Ball learned hoops from his dad and as a Chino Hills High School freshman he joined brothers Lonzo and LiAngel and their team won a state title. Ball stood out and was ranked highly as a recruit.

LaMelo Ball faced troubles during his junior year of high school due to a coaching dispute at Chino Hills and this caused him to leave and later signed with Prienai a professional team in Lithuania. However Ball eventually returned to the U.S. by joining Ohio’s SPIRE Academy for his senior season. LaMelo continued shining by showcasing
his outstanding skills and leading spire to numerous victories. Despite some eligibility questions over his pro experience Ball remained a clear top talent.

In 2019 LaMelo decided against college hoops and instead joined Australia’s Illawarra Hawks in the NBL. His outstanding NBL play greatly exceeded expectations which resulted in Charlotte selecting Ball third overall in the 2020 NBA draft. As a pro rookie, LaMelo instantly impressed by earning 2021 NBA Rookie of the Year honors. The next season LaMelo reached another milestone by becoming an NBA All-Star.

LaMelo Ball has taken the basketball world by storm with his incredible talent and impressive performances on the court. Born into a family of skilled athletes LaMelo’s journey from a standout high school player to a rising star in the NBA has been nothing short of remarkable. With his exceptional court vision and smooth ball-handling along with lethal scoring touch LaMelo has become a force to be reckoned with in the league. Playing for the Charlotte Hornets, he has showcased his immense potential and continues to contribute significantly to the team’s success. LaMelo’s ability to make pinpoint passes create scoring opportunities for himself and his teammates, and take over games with his clutch shooting has made him a fan favourite

Name	LaMelo Ball
Net Worth	$30 MILLION
Age	May 20, 2003
Birthplace	Chino Hills, California
Salary	US $8,899,069 annually
Teams played for	2020-24
Mother	Tina Ball
Father	LaVar Ball

LaMelo Ball’s NBA Career

LaMelo Ball’s NBA run proved amazing since picked third overall by the Charlotte Hornets in 2020. He quickly amazed, establishing himself an electric court force. Ball’s rookie year showcased elite playmaking, court vision, and scoring skills. Averaging 15.7 points, 6.1 assists, 5.9 rebounds per game, he displayed rare maturity for his age. His stellar play earned widespread praise, named 2020-2021 NBA Rookie of the Year.

LaMelo Ball’s Net Worth 2024

LaMelo Ball’s net worth stood around $30 million in 2024 as he emerged as one of the NBA’s richest young talents. Ball’s financial success stemmed from his Hornets rookie contract and endorsement deal as the Hornets have paid Ball $35 million on his rookie deal underlining his rising star status. Moreover, Ball inked big endorsement partnerships like Puma’s rumoured $100 million contract boosting his net worth significantly. At 22 Ball commanded an impressive $30 million net worth in 2024 and his lucrative rookie contract with Charlotte which is worth $35 million formed the bedrock of his wealth. Endorsement deals which were especially the purported $100 million Puma partnership, further augmented his financial standing. Ball’s meteoric rise solidified his place among the NBA’s wealthiest young guns.

LaMelo Ball– Salary and Contract

Length: 2020-2024

Team: Charlotte Hornets.

LaMelo Ball signed a $35.5 million rookie deal with the Hornets. Four years long. Only $16,071,720 is guaranteed though. The team picked up his option for 2022-23, securing $8.6 million. And they exercised their 2023-24 option too, netting Ball $10,900,635 that year. Lucrative overall value, yes. But the guaranteed money and team options detail Charlotte’s contract structure and financial commitment to him.

LaMelo Ball plays for the Charlotte Hornets as their point guard. He recently signed a new deal for four years. This contract is worth $35,596,275 in total. The money is fully guaranteed over the four-year term. His yearly pay averages out to $8,899,069. Next season, in 2023-24, Ball will earn $10,900,635 as his base salary. This amount matches both his cap hit and dead cap value. The contract has a 15% trade bonus included. Compared to last season, Ball is making 1.05% more money. Among all NBA players this year, Ball ranks as the 147th highest-paid. Within just the Hornets team, he is the 4th highest paid player. Additionally, Ball extended his original rookie contract. This new extension is a five-year deal potentially worth up to $260 million. It kicks in starting with the 2024-25 season.

LaMelo Ball- Salary details

LaMelo Ball, the Charlotte Hornets’ point guard, signed a four-year contract worth $35,596,275, with $35,596,275 guaranteed and an average annual salary of $8,899,069. In the 2023-24 season, Ball will earn a base salary of $10,900,635, with a cap hit and dead cap value matching this amount. His contract includes a 15% trade bonus, and he is making 1.05% more than in the previous season. Ball is the 147th best-paid NBA player this year and the 4th best-paid player of the Charlotte Hornets. Additionally, Ball has extended his rookie contract for a five-year deal potentially worth up to $260 million, starting from the 2024-25 season.ShareRewrite