Lance Stephenson Net Worth

Overview

Lance Stephenson Jr. was born on September 5, 1990, in Brooklyn, New York. He is an American professional basketball player. He attended Abraham Lincoln High School where he excelled in basketball. Stephenson was considered one of the top high school players, earning accolades such as being named to USA Today’s All-USA Boys Basketball team. He played college basketball for the Cincinnati Bearcats. In 2010, he was drafted by the Indiana Pacers as the 40th overall pick in the NBA draft. He has played for several NBA teams including the Pacers, Charlotte Hornets, Los Angeles Clippers, Memphis Grizzlies, New Orleans Pelicans, Minnesota Timberwolves, Los Angeles Lakers, and Atlanta Hawks. Known for his versatile play style, Stephenson is recognized for his scoring ability, rebounding, and playmaking. He last played for the Iowa Wolves of the NBA G League.

What Is Lance Stephenson Net Worth’ Net Worth

Lance Stephenson, born on September 5, 1990, is an American professional basketball player whose estimated net worth is $12 million. He has accumulated this wealth through a decade-long NBA career, a stint playing basketball in China, and endorsement deals.

Lance Stephenson’s Career Earnings and Contract Details

Lance Stephenson’s NBA career earnings total over $37 million. According to HoopsHype, his earnings amount to $37,072,089. SalarySwish estimates the total value of the 13 contracts he signed to be $50,815,497. Spotrac.com reports career earnings through 2024 of $36,884,399. Throughout his NBA career, Lance played for 8 different teams.

Here’s a breakdown of some key contracts and earnings:

2014: Signed a three-year, $27 million contract with the Charlotte Hornets. The contract had a cap hit ranging from $9,000,000 to $9,405,000.
2017: Signed a 2-3 year, $12,540,000 contract with the Indiana Pacers with a cap hit ranging from $4,000,000 to $4,360,000.
2018: Signed a one-year, $4,449,000 contract with the Los Angeles Lakers.
2019: Played in China for the Liaoning Flying Leopards for one year with a $4 million deal. During that season he averaged 26.7 points, 7.4 rebounds, and 3.8 assists per game.
2021-2022: He played for the Atlanta Hawks under a 10-day contract for $138,019. During the same season, he signed multiple 10-day contracts with the Indiana Pacers for $138,019 each. He also signed a veteran contract with the Indiana Pacers for $924,730.

Early Life and Career Beginnings

Lance Stephenson was born in Brooklyn, New York. He attended Abraham Lincoln High School. During his high school career, Stephenson led his team to multiple city championships and earned the title of Mr. New York Basketball in his senior year. His exceptional performance also secured him a spot in the 2009 McDonald’s All-American Game. He was considered a top basketball prospect early in his career. Before being drafted into the NBA, Lance played basketball for one season at the University of Cincinnati. He was drafted by the Indiana Pacers in the second round (40th overall) of the 2010 NBA Draft.

Endorsements and Other Ventures

In 2012, Stephenson signed an endorsement deal with AND1, a basketball footwear and apparel brand. The shoe deal felt fitting considering Stephenson’s New York City roots. Robert Purvy, AND 1 brand president, commented that Stephenson is a promising young talent and is committed to playing at the highest level.

NBA Career Highlights

Stephenson’s NBA career includes stints with several teams, including the Indiana Pacers, Charlotte Hornets, Los Angeles Clippers, Memphis Grizzlies, New Orleans Pelicans, Minnesota Timberwolves, and Los Angeles Lakers. After playing for other teams, he returned to the Indiana Pacers for a third stint. On January 8, 2022, he recorded 16 points, a career-high 14 assists, and four steals in a win over the Utah Jazz.