Net Worth Ranker
What Is Shawn Kemp’s Net Worth?
Shawn Kemp, a retired professional basketball player renowned for his time with the Seattle SuperSonics, Cleveland Cavaliers, Portland Trail Blazers, and Orlando Magic, possesses a net worth of approximately $5 million. His career earnings are estimated to exceed $90 million in NBA salaries alone, not accounting for endorsement deals, most notably with Reebok.
Early Life and Career Beginnings
Born on November 26, 1969, in Elkhart, Indiana, Shawn Kemp rose to prominence at Concord High School. He established himself as a basketball prodigy, culminating in his position as the all-time leading scorer in Elkhart County’s history. He also set single-game and single-season scoring records at his high school.
Kemp initially committed to playing at the University of Kentucky; however, following issues with his SAT score and subsequent accusations, he briefly attended Trinity Valley Community College in Texas before declaring for the NBA draft.
NBA Career and Earnings
In the 1989 NBA draft, the Seattle SuperSonics selected Shawn Kemp in the first round. While he faced initial challenges as the league’s youngest player, Kemp quickly evolved into a dominant force. His partnership with Gary Payton propelled the SuperSonics to a franchise-record 64 wins during the 1995-96 season and their first NBA Finals appearance since 1979. Although the SuperSonics lost to Michael Jordan and the Chicago Bulls in six games, Kemp showcased his exceptional skills, averaging 23.3 points and 10 rebounds per game during the series.
Before the 1996-97 season, Jim McIlvaine signed with the team with a salary exceeding Shawn Kemp’s own. Kemp signed a contract extension with the SuperSonics in 1994, but the contract could not be adjusted until October of 1997. Consequently, he threatened not to play in the upcoming season and took a leave from training camp.
In 1997, Kemp was traded to the Cleveland Cavaliers. During his inaugural season with the team, he achieved a career-high in points per game and led the Cavaliers to the NBA playoffs. His individual performance in the series against the Indiana Pacers was impressive, averaging 26 points and 13 rebounds per game, although the Cavaliers were ultimately defeated. Later in his career, Kemp’s performance declined, largely due to struggles with weight and addiction. He played for the Portland Trail Blazers and the Orlando Magic before retiring in 2003 after playing his 1,000th NBA game while on the Magic’s roster.
Shawn Kemp’s NBA career, spanning from 1989 to 2003, resulted in total earnings exceeding $90 million in salaries alone. These earnings do not include endorsements or other revenue streams. He also won a gold medal with the United States national team in the 1994 FIBA World Championship.
While specific details regarding year-by-year salary breakdowns are not readily available in the provided sources, it’s documented that Kemp’s substantial earnings were accumulated over his 14 seasons in the NBA.
Post-NBA Ventures and Assets
Following his NBA career, Shawn Kemp has engaged in various business ventures. In 2003, he purchased a mansion in Maple Valley, Washington, for $2.4 million. The expansive 13,310-square-foot residence, situated on 4.7 acres, included a basketball court, tennis court, and swimming pool. He listed the property for $3.7 million five years later. He also had a 5,480-square-foot home in Seattle that he sold in 2021 for $2.18 million.
Kemp owned a sports bar in the Lower Queen Anne area of Seattle called Oskar’s Kitchen, which closed in 2015. He also owns part of Amber’s Kitchen on 1st Avenue. He co-founded Shawn Kemp’s Cannabis, a cannabis dispensary in Seattle, in October 2020, with Ramsey Hamide and Matt Schoenlein. Financial details regarding the profitability or valuation of these ventures are not publicly available.
There’s no available data regarding any international play salary amount. In August 2008, Kemp signed a one-year contract with the Italian League’s Premiata Montegranaro; however, after playing in three preseason games, he returned to Houston and shortly after parted ways with the team.
Beyond real estate, details regarding any personal investments, luxury vehicles, or private aircraft owned by Shawn Kemp are not specified in the provided information. However, during his NBA career, Shawn Kemp earned more than $90 million in NBA salaries, and millions more from endorsements. During his playing days he appeared in commercials for Reebok.
Specific details about Kemp’s daily life, work habits, or public appearances are not provided within the given documents. Information regarding partnerships or contract terms outside of his NBA contracts is not available.
Details regarding Kemp’s net worth milestones, yearly income statistics, or personal investments are not accessible in the current source.
