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Damian Lillard's net worth in 2020

Damian Lillard’s net worth in 2020

Since being drafted with the 6th pick in the 2012 NBA Draft, Damian Lillard has been on the rise in his own respectful lane as an underrated star. The Trail Blazers, however, recognized the former Rookie of the Year’s value, seeing as how they inked him to a four-year, $196 million supermax contract extension back in 2019, per Spotrac. Given that, today we’re going to look at Damian Lillard’s net worth in 2020.

Aside from the extension, Lillard is a five-time All-Star that’s created some of the most jarring last-minute, historic shots in NBA history. His willingness to stick with the Portland franchise rather than bolt for a more attractive destination and build a superteam only gives proof to his loyalty that fans and spectators admire.

Damian Lillard’s net worth in 2020 (estimate): $37 million

The Oakland California native didn’t find much success in the Disney bubble this year after being eliminated in the first round by the eventual champions the Los Angeles Lakers. Even still, he was able to repeatedly put the league on notice after being seen as an undercard-like player for the first leg of his career. He tied his career-high 61 points against the Dallas Mavericks, allowing them to take sole position of the eighth seed in the Western Conference playoff race.

In short, Lillard is everything the Trail Blazers could’ve wanted in a franchise player.

Per Forbes.com, Lillard’s net worth is roughly estimated at $37 million as of June 2020, which is well deserved for someone of his stature. Forbes also states that Lillard is listed at No. 30 for the world’s highest paid athletes in 2020, while coming in at No. 91 on the Celebrity 100 list of 2020 as well.

Lillard signed a two-year, $6.3 million deal with the Trail Blazers after being drafted. During his rookie season, he averaged 19 points, 6.5 assists and 3.1 rebounds, which earned him the 2013 Rookie of the Year Award. Looking at the insignificant $3.06 million he made during his rookie season along with slight bump to $3.2 million the following season is chump change compared to what he’s signing on the dotted line for now.

Lillard went on to earn an All-Star appearance in just his second season, followed by a consecutive appearance his third season. During his sophomore year, he slightly increased his scoring from his freshman year to 20.7 points per game, prompting the Trail Blazers front office to exercise his $4.24 million team option for the 2015-16 season. He earned his first contract extension on July 2, 2015, signing a four-year, $140 million maximum rookie extension.

Another source of income that helped increase Lillard’s net worth according to Forbes was his current endorsement with Adidas, a partnership he’s maintained since entering the league. Back in 2014, Lillard had decided to opt out of his then-deal with Adidas, making hima a desired shoe free agent. Not wanting to match offers from other companies, Adidas quickly moved to retain the budding star, locking him into a new 10-year deal worth reportedly $100 million.

Lillard went on a drought in terms of All-Star appearances from 2016-2017, which caused him to miss out on incentives , but he was still able to earn an All-NBA Second Team award during 2016.

In 2017, Lillard grabbed another endorsement, this time with Panini America, a company specializing in the distribution of sports cards and exclusive memorabilia. Lillard joined a number of NBA greats such as Kevin Garnett, Kobe Bryant, Kyrie Irving and John Wall as players that were endorsed by Panini. The dollar amount of his exclusive deal, however, remains undisclosed. In most cases of the aforementioned players, Panini only announces that the deal is an exclusive, multiyear deal.

Lillard was able to once more secure his latest endorsement with Hulu, one of the more popular streaming services in latter years that provides live streaming including sports channels. He joined the ranks alongside fellow NBA players such as Giannis Antetokounmpo and Joel Embiid along with NFL quarterback Baker Mayfield. In similar fashion, the exact numbers on his deal with Hulu weren’t disclosed.

With all three deals, however, Forbes suggests that Lillard has made an estimated $14.5 million a year from his endorsements alone.

His success doesn’t stop there, as the former Weber State standout has made a name for himself in the music industry, becoming one of the very few NBA players to successfully transition between the two at will. To date, Lillard has released three studio albums under his alias, Dame D.O.L.L.A. He recently even performed at the 2020 NBA All-Star Game, performing a song that he collaborated on with renowned artist Lil Wayne.

Lillard is set to earn an estimated $43.75 million next season, a deal that will reportedly last him until the offseason of 2025 when he’s an unrestricted free agent. To date, he’s earned an estimated $151 million from his time in the NBA.

Nevertheless, were you at all stunned by Damian Lillard’s net worth in 2020?