Carmelo Anthony’s net worth in 2020
The days of max contracts and superstardom are gone for Carmelo Anthony. Out of the league for most of the 2018-19 season, Anthony signed a one-year deal with the Portland Trailblazers this offseason.
Anthony’s contract is only worth 2.16 million but nonetheless, Anthony’s years of being one of the league’s brightest stars have allowed the 10-time All-Star to build quite the fortune throughout his 17-year NBA career.
Per Bleacher Report’s David Kenyon, Anthony came into this season with career earnings at an astounding $238.3 million which places him eighth all-time on the NBA’s career earnings list. However, Anthony’s deal with the Blazers now pushes him just ahead of Chris Bosh for No. 7 on the list. Hall of Fame power forward Kevin Garnett tops the list with career earnings of $334.3 million.
Anthony’s exact net worth has varied between multiple sources but according to celebritynetworth.com, Anthony’s 2020 net worth is estimated at an impressive $160 million.
According to the website, Melo made roughly $53 million in seven-and-a-half seasons as a Denver Nugget, $26 million from one season with the Oklahoma City Thunder, $25.5 million from his 2018 buyout from the Atlanta Hawks and just $182,000 from his brief stint with the Houston Rockets. However, the bulk of Melo’s contract money came from his six and a half seasons as a New York Knick where he racked up $136 million in contracts.
Of course, as one of the league’s best players during his prime, Anthony’s money didn’t just come on the court. The future Hall of Famer also inked deals with several companies for endorsements and took advantage of many other financial opportunities that have boosted his overall net worth.
According to Forbes, Anthony’s business portfolio includes endorsements from the likes of Nike, Foot Locker and Panini trading cards. Melo also had a signature shoe with Jordan Brand that, after 13 models, ended in 2017.
And while Melo’s $8 million in endorsements from 2015 pales in comparison to the $55 million that fellow 2004 draftee LeBron James made in endorsements this past year, the Blazers veteran has still had his fair share of brand deals.
Throughout his career, Anthony has signed deals with companies such as Powercoco, Isotonix and watch dealer Haute Time. In 2013, Anthony partnered with former NBC exec Stuart Goldfarb to create Melo7 Tech Partners, LLC., a firm that specializes in early-stage digital media, consumer internet and technology ventures.
Anthony also created the Carmelo Anthony Foundation, which works to help low-income families through charitable outreach. Also, in 2017, Anthony created video production company Krossover Productions. The Los Angeles-based company was started by Anthony and business partner Asani Swann and focuses mainly on documentaries and storytelling, often through sports.
Anthony has also partnered up with companies like Nickelodeon, Degree Deodorant and the Milk Processor Education Program — famous for their “Got Milk?” advertisements.
Lastly, while it may not necessarily have to do with him, Anthony’s wife La La has also helped Carmelo expand his net worth as she and the Anthony family have starred in two reality television shows. VH1 programs La La’s Full Court Wedding and La La’s Full Court Life have also helped Carmelo become the wealthy basketball player he is today. The latter of those shows enjoyed five seasons on VH1 before ending in 2014.