Net Worth Ranker
What Is Devin Booker’s Net Worth?
As of March 2025, Devin Booker’s net worth is estimated to be $50 million. This valuation primarily stems from his lucrative NBA career, including substantial contracts and endorsement deals. Booker’s financial portfolio also includes real estate investments and potential holdings in various businesses, contributing to his overall financial standing.
Phoenix Suns Contract and NBA Earnings
In 2019, Devin Booker signed a significant five-year contract extension with the Phoenix Suns worth $158 million. This contract dramatically increased his annual salary from just over $3 million to a little more than $30 million. Prior to this extension, Booker’s earnings were considerably lower, reflecting his rookie contract and early years in the league. The $158 million deal solidified his position as a cornerstone player for the Suns and significantly boosted his net worth. Specific details of the contract also include performance-based incentives and bonuses, potentially adding to his annual income. Over his career, Booker has earned millions in salary alone, not counting endorsements and other revenue streams.
Early Life and Basketball Beginnings
Devin Booker was born on October 30, 1996, in Grand Rapids, Michigan. His father, Melvin Booker, was a professional basketball player who played for the Houston Rockets, Denver Nuggets, and Golden State Warriors. Devin’s mother, Veronica Gutiérrez, worked as a cosmetologist. Booker’s Mexican, Puerto Rican, and African-American heritage has shaped his identity and perspective. Growing up, he was inspired by his father’s basketball career. As a freshman, Booker played on the varsity team at Grandville High School in Michigan. After moving to Mississippi to live with his father, he attended Moss Point High School, where he excelled in basketball. In his sophomore year at Moss Point, Booker averaged 22.8 points per game and was named the South Mississippi Player of the Year by the Sun Herald. His junior year saw him averaging 29.7 points per game and being named MVP of the Division 7-5A All-Division team, earning his second consecutive South Mississippi Player of the Year honor. By his senior year, Booker became Moss Point’s all-time career scoring leader with 2,263 points and averaged 30.9 points per game. Over three years at Moss Point, he amassed 2,518 points. His high school performance attracted scholarship offers from numerous top universities, including Duke, UNC, Michigan, Florida, Kentucky, and Missouri.
Collegiate Career at Kentucky
Booker chose to attend the University of Kentucky, where he played one season for the Wildcats. During his 38 games, he averaged 10 points per game. Although his college career was relatively short, it provided him with valuable experience and exposure, preparing him for the NBA draft. Booker’s decision to declare for the NBA draft after just one season at Kentucky was a strategic move to capitalize on his potential and capitalize on early financial rewards in his basketball career. His time at Kentucky, though brief, was crucial in honing his skills and increasing his visibility to NBA scouts.
NBA Career with the Phoenix Suns
Devin Booker was selected as the 13th overall pick by the Phoenix Suns in the 2015 NBA draft. After participating in seven Summer League games, he made his NBA debut in the Suns’ season opener against the Dallas Mavericks. During his rookie season, Booker achieved several milestones, becoming the third-youngest player in NBA history to record a 30-point game at age 19. In the 2016-17 season, he became the youngest NBA player ever to record consecutive games of 39 or more points in the regular season. He also became the sixth NBA player ever – and the youngest – to score 70 points in a single game, against the Boston Celtics. In the 2017-18 season, Booker reached 4,000 career points, although injuries hampered his season. In 2018-19, he reached 5,000 career points and became the youngest player in NBA history to record consecutive 50-point games. Again, injuries sidelined him for the last three games of the season. In 2019-20, Booker recorded over 30 points in seven consecutive games, a franchise record. He also reached 7,000 career points and helped the Suns carry an eight-game winning streak in the NBA Bubble. During the 2020-21 season, Booker reached 8,000 points and, along with teammate Chris Paul, led the Suns to their first playoff berth since 2010. The team swept the Denver Nuggets in the Western Conference Semifinals and beat the Los Angeles Clippers in the Conference Finals, resulting in the Suns’ first NBA Finals appearance since 1993. In the Finals, the Suns lost to the Milwaukee Bucks in six games. In the following season, Booker helped the Suns achieve a franchise-record 18-game winning streak, finishing the regular season with a league-best record of 64-18. In the postseason, the Suns lost to the Mavericks in seven games in the Western Conference Semifinals. In the summer of 2022, Booker signed a four-year contract extension with the Suns and reached 12,000 career points in the ensuing season. The Suns beat the Clippers to return to the Western Conference Semifinals for the second consecutive year but lost to the Nuggets in six games. Throughout his NBA career, Booker has consistently improved his scoring average and leadership role, contributing significantly to his marketability and earning potential.
Endorsements and Sponsorships
In addition to his NBA salary, Devin Booker earns a substantial income from endorsement deals and sponsorships. These partnerships involve various brands and companies that align with Booker’s image and values. Specific details regarding these endorsements are not fully public, but they typically include apparel, footwear, and other sports-related products. Endorsement contracts often include bonuses based on performance metrics and promotional appearances, adding to Booker’s annual earnings. The financial benefits from these endorsements contribute significantly to Devin Booker’s net worth, supplementing his income beyond his NBA contract.
Real Estate Investments
Devin Booker owns a 5,590-square-foot house in Paradise Valley, Arizona, which he purchased in 2019 for $3.5 million. This real estate investment represents a significant asset within his portfolio. The property features several amenities, including a swimming pool, a modern kitchen, and a spacious layout designed for both relaxation and entertainment. Paradise Valley is known for its luxury homes and affluent residents, making it a prime location for real estate investment. Booker’s purchase of this home reflects his long-term financial planning and investment strategy. The value of the property is likely to appreciate over time, adding to his net worth.
Starting Five Foundation
Devin Booker established his own charitable foundation, called Starting Five, to support non-profit organizations and charities in Phoenix, Arizona. While the exact financial contributions and assets of the foundation are not publicly disclosed, it is a significant aspect of Booker’s philanthropic efforts. The foundation focuses on providing resources and opportunities for underprivileged youth, supporting educational programs, and promoting community development. Through Starting Five, Booker demonstrates his commitment to giving back to the community and making a positive impact on the lives of others. His involvement in charitable activities enhances his public image and aligns with his personal values.
National Team Career
Beyond his NBA career, Devin Booker has represented the United States in international basketball competitions. At the 2020 Summer Olympics in Tokyo, he won a gold medal with the US national team by defeating France. This achievement not only added to his accolades but also increased his visibility and marketability on a global scale. Participation in the Olympics and other international tournaments can lead to additional endorsement opportunities and recognition. Booker’s commitment to representing his country reflects his dedication to the sport and his desire to compete at the highest level. His success with the national team has further solidified his status as one of the top basketball players in the world.
