Net Worth Ranker
What Is J.R. Smith’s Net Worth?
J.R. Smith, a retired American professional basketball player, boasts a net worth of approximately $35 million as of 2024. This substantial wealth is primarily attributed to his successful NBA career, spanning from 2004 to 2020, along with endorsement deals and other ventures.
Early Life and Career Beginnings
Earl Joseph Smith III, known to the world as J.R. Smith, was born on September 9, 1985, in Freehold Borough, New Jersey. He spent his formative years in the Clarksburg section of Millstone Township. Smith’s high school journey was diverse, attending Steinert High for a semester before transferring to McCorristin Catholic High. He then moved to Lakewood High, repeating his freshman year and playing basketball for two seasons. In 2002, he joined Saint Benedict’s Preparatory School. Initially excelling in both football and baseball, he ultimately chose to focus solely on basketball during his senior year, demonstrating a clear commitment to his future NBA aspirations. After shining at the 2004 McDonald’s All-American Game, where he shared the MVP award with Dwight Howard, Smith made the pivotal decision to bypass college and enter the NBA Draft directly.
NBA Career and Earnings
J.R. Smith’s NBA journey began in 2004 when he was drafted 18th overall by the New Orleans Hornets. During his time with the Hornets, he showcased his potential, earning the Western Conference Rookie of the Month award three times in his debut year. In 2006, Smith was traded to the Denver Nuggets. He further solidified his reputation as a talented scorer, even setting a franchise record for most three-pointers made in a single game with 11 successful shots.
During the 2011-2012 season, Smith briefly played overseas for the Zhejiang Golden Bulls in China. He reportedly signed a one-year contract worth $3 million, which was considered a record deal for the Chinese league at the time. However, a dispute arose when Smith sued the Golden Bulls, claiming they failed to pay him $1 million in salary, alleging missed practices and a fabricated ankle injury.
In 2012, J.R. Smith made his return to the NBA, joining the New York Knicks. His contributions to the team were recognized in 2013 when he received the NBA Sixth Man of the Year Award.
In January 2015, a three-team trade brought J.R. Smith to the Cleveland Cavaliers, where he played a crucial role in the team’s success. He helped the Cavaliers reach the NBA Finals, although they lost to the Golden State Warriors. In 2016, Smith was a consistent starter in the playoffs, contributing to the Cavaliers’ historic victory over the Warriors in seven games, securing the franchise’s first NBA Championship after overcoming a 3-1 deficit.
After LeBron James’ departure, J.R. Smith was waived by the Cavaliers in July 2019. He later joined James on the Los Angeles Lakers, where he won his second NBA Championship in 2020 when the Lakers defeated the Miami Heat.
Throughout his NBA career, J.R. Smith accumulated significant earnings from contracts and endorsements.
Contract Details:
- New York Knicks (2013): J.R. Smith signed a three-year contract worth $18 million.
- Cleveland Cavaliers (2015): He signed a two-year deal for $10.4 million.
- Cleveland Cavaliers (2016): Smith secured a three-year contract for $57 million.
His calculated career earnings from NBA salaries alone exceed $90.2 million over 18 years.
J.R. Smith’s Personal Life
In August 2016, J.R. Smith married Jewel Harris, and together they have three daughters. Smith also has a daughter from a previous relationship. During his NBA career, Smith was known for his extensive collection of tattoos, which he estimated to be over 70. In 2018, he modeled for Mike and Supreme, even getting the Supreme logo tattooed on his calf.
Real Estate
Specific details about J.R. Smith’s real estate holdings are not widely publicized.
Luxury Cars
While detailed information about J.R. Smith’s car collection is not readily available, it is likely that he owns or has owned several luxury vehicles, in line with his financial success.
Personal Investments
Specific details regarding J.R. Smith’s personal investments are not publicly available.
Net Worth Milestones
J.R. Smith’s net worth has grown significantly over the course of his NBA career. His strategic contract negotiations, combined with lucrative endorsement deals, have contributed to his substantial wealth.
Earnings Over the Years
While specific yearly earnings figures are not available, J.R. Smith’s income has fluctuated based on his contracts and performance. His peak earning years were likely during his time with the Cleveland Cavaliers, where he secured high-value contracts.
