What Is Mike Conley Jr.’s Net Worth?
As of April 2025, Mike Conley Jr.’s net worth is estimated to be around $70 million. This substantial net worth is primarily built from his earnings as a professional basketball player in the NBA, supplemented by endorsement deals and strategic investments.
NBA Career Earnings and Contract Details
Mike Conley Jr. has amassed significant wealth through his NBA contracts over his 17-year career. By the end of the 2023/24 season, his career earnings from guaranteed contracts alone exceeded $274 million. According to Spotrac.com, his career earnings through 2024 totaled $284,103,948. This includes earnings from playing with three different teams. He was drafted #4 overall in 2007.
Here’s a breakdown of his earnings by team:
- Minnesota Timberwolves (2023-24): $24.4 Million
- Utah Jazz (2022-23): $15 Million
- Minnesota Timberwolves (2022-23): $7.7 Million
- Utah Jazz (2021-22): $21 Million
- Utah Jazz (2020-21): $34.5 Million
- Utah Jazz (2019): $30.5 Million
- Memphis Grizzlies (2018-19): $30.5 Million
- Memphis Grizzlies (2017-18): $28.5 Million
In July 2016, Conley signed a five-year, $153 million contract with the Memphis Grizzlies, which at the time was the largest contract in NBA history. This boosted his annual salary from $9.5 million in 2015 to $26 million the following season. Currently, Conley is playing under a 2-year, $20.75 million contract with the Minnesota Timberwolves, which he signed as a veteran extension. His base salary for the 2024-25 season is $9,975,962, which also represents his cap hit and dead cap value. This contract includes a fully guaranteed salary of $10,774,038 for the 2025-26 season.
Endorsements and Other Ventures
In addition to his NBA salary, Mike Conley Jr. supplements his income through endorsement deals with various brands. While specific figures for all his endorsements are not publicly available, it’s estimated that he earns at least $1 million annually from these ventures. Some of his notable endorsements include:
- Nike (Jordan Brand): Conley joined Nike’s Jordan Brand in 2016, after declining a renewed offer from Adidas. He has been seen wearing Jordan shoes on the court.
- Toyota Motor: Conley features Toyota Motors in his endorsements.
- Vivint Smart Home: He also promotes Vivint Smart Home.
Forbes included Mike Conley in its list of the world’s highest-paid athletes in 2020, slotting him in at number 71. This recognition underscores the impact of his consecutive contracts with NBA teams and his earnings from endorsements.
Mike Conley also shows interest in real estate properties, and has invested in several business startups and established firms.
Philanthropy
Mike Conley Jr. is widely recognized for his sportsmanship and philanthropic efforts. He received the NBA Cares Community Assist Award in January 2016. In April 2020, he won the NBA H-O-R-S-E challenge and donated $200,000 to vulnerable communities. In May 2020, in the wake of the coronavirus pandemic, Mike Conley donated $200,000 to benefit the communities that helped shape him. These donations addressed food insecurity, homelessness and remote learning needs exacerbated by COVID-19 in Memphis, Indianapolis, Columbus, and West Helena, Arkansas.
Personal Life and Possessions
Mike Conley Jr. was born on October 11, 1987, in Fayetteville, Arkansas. He is the son of Mike Conley Sr., an Olympic gold and silver medalist in track and field. He is married to Mary Peluso, and they have children. Mike Conley’s agent are Mike Conley, Steve Heumann, Jessica Holtz.
Mike Conley resides in Columbus, Ohio. NBA urged players to take additional precautions to secure their homes following reports of burglary. Conley’s home was broken into on Sept. 15 2024, while he was at a Minnesota Vikings game. Jewelry was stolen. Police believe the same group of robbers targeted three houses in the area that day.
As of February 2025, Mike Conley’s estimated net worth includes a luxury home in Utah, a collection of high-end cars, and investments in real estate and philanthropic ventures.
The information provided offers a comprehensive view of Mike Conley Jr.’s net worth, career earnings, and various financial activities as of April 2025.