What Is Ty Lawson’s Net Worth?
Ty Lawson, an American professional basketball player, has an estimated net worth of $13 million. This figure is calculated based on publicly available data regarding his career earnings and other financial activities.
Early Life and Career Beginnings
Ty Lawson was born on November 3, 1987, in Clinton, Maryland. During 2003-2004, Lawson played for Bishop McNamara before transferring to Oak Hill Academy, where he garnered significant recognition as a USA Today, Parade, and McDonald’s All-American in 2006. Lawson’s college career at the University of North Carolina saw him named to the ACC All-Freshman team in 2007. A significant milestone was achieved in 2009 when he secured an NCAA championship with North Carolina. That same year, Lawson was honored with the Bob Cousy Award and was named ACC Player of the Year, further cementing his status as a top collegiate player. He also earned First-team All-ACC honors and was recognized as a Consensus second-team All-American.
NBA Career and Earnings
In the 2009 NBA Draft, Ty Lawson was selected by the Minnesota Timberwolves as the 18th overall pick. However, he was immediately traded to the Denver Nuggets. Lawson’s NBA career includes playing for the Denver Nuggets (2009-2015), Houston Rockets (2015-2016), Indiana Pacers (2016), and Sacramento Kings (2016-2017) and Washington Wizards (2018). Throughout his NBA career, Ty Lawson earned $43,445,250. When adjusted for inflation, those earnings amount to $58,160,077.
- Denver Nuggets: Lawson began his NBA journey with the Nuggets, where he played from 2009 to 2015. During this time, he signed a 4-year, $7,064,472 contract with the Denver Nuggets on Jul 14, 2009. He later signed a 4 year, $48,000,000 contract extension with the Denver Nuggets on Oct 30, 2012.
- Houston Rockets: In the 2015-2016 season, Lawson played for the Houston Rockets, earning $12.2 million.
- Indiana Pacers: Also in the 2015-2016 season, Lawson’s stint with the Indiana Pacers earned him $265,057.
- Sacramento Kings: During the 2016-2017 season, Lawson played for the Sacramento Kings, making $1.3 million. He signed a 1 year, $1,315,448 contract with the Sacramento Kings on Aug 30, 2016. The contract has a cap hit of $980,431.
- Washington Wizards: Lawson’s final NBA stint was with the Washington Wizards in the 2017-2018 season, where he earned approximately $11,901. Ty Lawson signed a 1 year, $11,901 contract with the Washington Wizards on Apr 11, 2018. The contract has a cap hit of $8,313.
Contracts and Salary Details
Ty Lawson has signed 4 contracts worth a total value of $56,391,821. Lawson’s most substantial contract was a 4-year, $48 million extension with the Denver Nuggets, signed on October 30, 2012. This contract had a cap hit ranging from $10,786,517 to $13,213,482 annually. In July 2016, Ty Lawson agreed to reduce the protected compensation in his contract. A year ago, Ty Lawson allowed his guaranteed $13,213,482 salary for the upcoming season to become fully unguaranteed.
International Career
In 2011, during an NBA lockout, Lawson signed a one-year contract with Žalgiris Kaunas of Lithuania. While specific financial details of this contract are not widely publicized, it allowed him to return to the Denver Nuggets once the lockout concluded. He averaged 7.4 points, 3.0 rebounds and 1.6 assists in seven Euroleague games. Later in his career, Lawson also played in China for the Shandong Golden Stars. On August 9, 2017, Lawson signed a one-year, $2.4 million contract with the Shandong Golden Stars. In 46 games for Shandong, he averaged 25.5 points, 4.6 rebounds, 6.5 assists and 2.2 steals per game. Later, Lawson considered signing with @theBAL Rwanda REG, but the deal was not finalized. Lawson signed with Venezuelan team Gaiteros del Zulia for the 2023 season.