Overview

Arvydas Romas Sabonis, born on December 19, 1964, is a Lithuanian former professional basketball player and businessman. Standing at 7 feet 3 inches tall, he is widely regarded as one of the greatest European players of all time. Sabonis began playing basketball at age 13. He made his professional debut in 1981 with Žalgiris Kaunas, where he achieved great success, winning multiple USSR Premier Basketball League titles and the 1986 FIBA Club World Cup. He later played for Forum Valladolid and Real Madrid in Spain, winning multiple titles. In 1995, at the age of 30, he joined the Portland Trail Blazers, where he played for seven seasons. Sabonis was a member of the Soviet Union national team, winning gold at the 1982 World Championship, 1985 EuroBasket, and 1988 Summer Olympics. After Lithuania gained independence, he represented Lithuania at the Olympics, winning bronze medals in 1992 and 1996. He was inducted into the FIBA Hall of Fame in 2010 and the Naismith Memorial Basketball Hall of Fame in 2011. Currently, Sabonis is also the president of the Lithuanian Basketball Federation.

What Is Domantas Sabonis’s Net Worth?

Domantas Sabonis, a prominent Lithuanian-American professional basketball player currently showcasing his talents with the Sacramento Kings in the NBA and representing the Lithuania men’s national basketball team, has accumulated a net worth of approximately $30 million as of 2024. This substantial financial standing reflects his successful career in professional basketball, marked by lucrative contracts, endorsements, and strategic financial management.

Domantas Sabonis’s Contract Details and Career Earnings

Sabonis’s financial success is significantly influenced by his NBA contracts. In July 2023, he solidified his commitment to the Sacramento Kings by signing a 4-year, $186 million contract extension. This contract, which commenced in the 2023-24 season, outlines a structured salary progression, starting with a base salary of $28 million and a cap hit of $30.6 million. The contract’s value escalates incrementally, culminating in a final season payout of $51.2 million in 2026-27. Notably, the agreement includes potential bonuses up to $10.4 million, contingent upon Sabonis’s performance-based achievements such as All-Star and All-NBA team selections.

Before joining the Sacramento Kings, Sabonis played for the Indiana Pacers, where he signed a 4-year, $74.9 million contract in 2020. This contract provided him with an average annual salary of $18.7 million, contributing significantly to his accumulating wealth. His career earnings, as of January 2024, totaled approximately $110.4 million, showcasing his consistent performance and value to his teams.

Early Life and Background

Born on May 3, 1996, in Portland, Oregon, Domantas Sabonis inherited a rich basketball legacy from his father, Arvydas Sabonis, a Hall of Fame basketball player who played for the Portland Trail Blazers during that time. His mother, Ingrida Mikelionytė, was the inaugural Miss Lithuania. Domantas grew up with two older brothers, Žygis and Tautvydas, and a younger sister, Aušrinė. In 2004, the Sabonis family relocated to Málaga, Spain, after his father’s retirement from basketball.

Professional Career: From Unicaja Málaga to the NBA

Sabonis began his professional basketball journey at a young age, debuting for the Spanish team Unicaja Málaga in 2012 at just 16 years old. After a loan spell with Clínicas Rincón, he returned to Unicaja and made his Liga ACB debut in the 2013-14 season. In May, he contributed to Unicaja’s junior team winning the silver medal in the Spain Youth Basketball League.

Transitioning to collegiate basketball, Sabonis played for Gonzaga University. He made an immediate impact, scoring 14 points and securing eight rebounds in his debut in late 2014. His outstanding performances led to being named West Coast Conference Player of the Week early the following year, averaging 13 points and 11 rebounds in 26 minutes of playing time. Sabonis earned All-WCC second team and WCC All-Freshman team honors. He played a key role in Gonzaga’s West Coast Conference victory over BYU Cougars and helped the team reach the Elite Eight during March Madness.

In his second season at Gonzaga, Sabonis continued to excel, starting with a career-high 26 points in a win against Northern Arizona. He later surpassed this with 36 points in December. He was named to the All-WCC first team for his regular-season performance. During his second March Madness appearance, Sabonis led the Bulldogs to the Sweet 16, where they were defeated by the Syracuse Orange. By the end of his final NCAA season in 2016, Sabonis had doubled his statistical output from the previous season, marking a significant growth in his performance.

NBA Career: Oklahoma City Thunder and Indiana Pacers

Domantas Sabonis was drafted by the Orlando Magic with the 11th overall pick in the 2016 NBA draft but was immediately traded to the Oklahoma City Thunder. In his single season with the Thunder, he played 81 games, starting in 66, and averaged 5.9 points per game. The team reached the first round of the playoffs but was eliminated by the Houston Rockets.

In the 2017-18 season, Sabonis was traded to the Indiana Pacers. He averaged 11.6 points per game in 74 games, with 19 starts, and achieved a career-high free-throw percentage of .750. The Pacers advanced to the playoffs but were defeated in the first round by the Cleveland Cavaliers. The 2018-19 season saw Sabonis averaging 14.1 points per game in 74 games, with five starts. The Pacers once again made it to the first round of the playoffs but were swept by the Boston Celtics.

Sabonis had a standout season in 2019-20, achieving a career-high 12.4 rebounds per game and earning his first NBA All-Star Game selection. He commenced the 2020-21 season with a new career high of 32 points in a victory over the New York Knicks. He then scored 33 points in a loss to the Milwaukee Bucks in February, followed by 36 points in a victory over the Minnesota Timberwolves. Sabonis was selected for his second All-Star Game. In May, he contributed to the Pacers’ record-breaking road win, a 152-95 victory over his former team, the Thunder. He concluded the season with a career-high average of 20.3 points per game. During his final season with the Pacers in 2021-22, Sabonis recorded a career-high 42 points in a victory over the Utah Jazz.

Sacramento Kings Tenure

Sabonis was traded to the Sacramento Kings in early 2022. His debut with the team resulted in a win over the Timberwolves, where he scored 22 points and secured 14 rebounds in 32 minutes of play. In his first full season with the Kings in 2022-23, Sabonis earned his third NBA All-Star selection. He led the league in rebounds during the regular season, averaging 12.3 per game, and posted career highs in field-goal percentage (.615) and assists per game (7.3). The Kings advanced to the playoffs but were eliminated in the first round by the Golden State Warriors. In May, Sabonis was named to his first All-NBA Team.

International Career

Domantas Sabonis has also made significant contributions to the Lithuania national basketball team. He debuted with the under-16 team in the 2012 FIBA Europe Under-16 Championship and later played with the under-18 team in the 2013 and 2014 FIBA Europe Under-18 Championships. In 2015, he participated in the FIBA Europe Under-20 Championship. Shortly after, he made his debut with the senior team. Sabonis helped Lithuania secure the silver medal at EuroBasket 2015, further solidifying his reputation as a versatile and impactful player on the international stage.

Personal Life

In the summer of 2021, Domantas Sabonis married Shashana Rosen. Together, they have a son and a daughter. Sabonis has converted to his wife’s Jewish faith, reflecting a significant personal commitment. Details about specific personal investments or real estate holdings are not publicly available.

Analyzing Domantas Sabonis’s Net Worth

Domantas Sabonis’s $30 million net worth is primarily a result of his earnings from NBA contracts and potential endorsement deals. The specifics of his endorsement earnings are not publicly detailed, but they likely contribute to his overall financial standing. His current contract with the Sacramento Kings, valued at $186 million over four years, ensures a substantial income stream in the coming years. His consistent performance on the court, combined with strategic financial management, positions him for continued financial success.

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