Paul Millsap Net Worth

What Is Paul Millsap Net Worth?

As of 2024, Paul Millsap’s net worth is estimated to be $45 million. This wealth is primarily attributed to his successful 16-year career in the National Basketball Association (NBA). Throughout his career, Millsap has showcased his skills as a power forward, playing for multiple teams and earning significant income through contracts and endorsements.

Paul Millsap’s Career Earnings and Contract Details

Paul Millsap has amassed substantial career earnings throughout his NBA career. By the time he concluded his time in the NBA in 2022, his earnings from salary alone totaled $192,540,558. According to SalarySwish, he has signed 7 contracts worth a total value of $222,367,828. A significant portion of his income came from playing for teams such as the Utah Jazz, Atlanta Hawks, and Denver Nuggets.

Here’s a breakdown of some of his key contracts:

• Utah Jazz (2009-2013): Signed a 4-year, $32 million contract.
• Atlanta Hawks (2015-2017): Signed a 3-year, $59 million contract.
• Denver Nuggets (2017-2021): Initially signed a 3-year, $90 million contract, and later re-signed for one year at $10 million. This made him one of the highest-paid players in the league during the 2018 season, with a base salary of $30 million.
• Brooklyn Nets (2021-2022): Signed a 1-year contract for $2,641,691.

During the 2019-2020 season, Millsap’s earnings were around $30,500,000. Even in his later years, such as the 2020-2021 season with the Denver Nuggets, he earned $10,000,000, demonstrating his sustained value in the league.

Endorsements and Other Ventures

In addition to his NBA salary, Paul Millsap has also supplemented his income through endorsement deals. While endorsements constitute a smaller fraction of his overall earnings compared to his salary, they still contribute significantly to his net worth. In 2019, his endorsement earnings were reported to be $500,000. Millsap has secured deals with notable brands such as Nike and Panini.

Beyond basketball and endorsements, Millsap has also ventured into the business world. In 2017, he founded CORE4, a 44,000-square-foot training facility in Atlanta. This facility underscores his commitment to fitness and sports development. It also serves as a business venture that contributes to his overall financial portfolio. Details about the specific revenue generated by CORE4 are not publicly available, but it represents a tangible asset and ongoing business operation.

As Millsap transitions from his playing career, he is expected to apply his work ethic and determination to his business ventures. Fans can anticipate him expanding CORE4, growing his podcast’s reach, or exploring new business opportunities.

Early Life and Career Beginnings

Paul Millsap was born on February 10, 1985, in Monroe, Louisiana. He gained recognition as Louisiana Mr. Basketball while playing at Grambling High School. His college career at Louisiana Tech was marked by significant achievements, including being named First-team All-WAC twice and leading the NCAA in rebounding for three consecutive years. In 2011, he was inducted into the Louisiana Tech Athletic Hall of Fame, highlighting his impact on the university’s basketball program.

Millsap’s professional journey began when he was drafted by the Utah Jazz as the 47th overall pick in the 2006 NBA Draft. He earned a spot on the NBA All-Rookie Second Team in 2007, indicating a promising start to his NBA career.

NBA Career Highlights and Milestones

Throughout his NBA career, Paul Millsap achieved several notable milestones:

• Four-Time NBA All-Star: He was selected as an NBA All-Star from 2014 to 2017.
• NBA All-Defensive Second Team: Millsap earned this honor in 2016, recognizing his defensive capabilities.
• 10,000 Career Points: On January 16, 2016, he surpassed 10,000 career points during a game against the Brooklyn Nets.
• Conference Finals Appearances: Millsap reached the Conference Finals multiple times, including with the Denver Nuggets in 2020.
• One of eight players to finish his career with at least 500 3-pointers, 1,000 blocks, and 1,000 steals.

In his 1,085 regular-season games, Millsap accumulated 13.4 points, 7.1 rebounds, and 2.2 assists per game. These statistics reflect his consistent contributions and value to the teams he played for.