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Gary Payton Net Worth 2020


Facts of Gary Payton

How Much Is Gary Payton’s Net Worth?

Gary Payton, a retired American basketballer was active from 1990 to 2007, and has played for teams like Seattle SuperSonics, Milwaukee Bucks, Los Angeles Lakers, Boston Celtics and Miami Heat.

With a career spanning almost 2 decades, Payton accumulated massive earnings and fame, making him the 15th richest NBA player in the world. Currently, Gary Payton has an estimated net worth of $130 million.

The bulk of his net worth is thanks to his career as an excellent player and his public image which has increased his brand value by millions. The NBA star has won several awards including the prestigious USA Basketball Male Athlete of the Year Award in 1999.

Gary Payton’s Net Worth: Income Sources & Rise To Legendary Status

Payton is still one of the most well regarded basketball players even though he retired in 2007 more than a decade ago.  Affectionately called The Glove, he is known for his incredible ability to defend on the court.

A photo of Payton whose net worth is around $130 million

According to the Richest, Celebritynetworth and various other online sources he has a whopping net worth of $130 million as of May 2019

He gathered this net worth from his stellar career as an NBA star. Initially in his first year as a professional basketball player he earned around $1,685,000 as salary and signed a $13.5 million six year contract with the Seattle SuperSonics.

List of his earnings throughout his year:

S.NoYearSalary From BasketballOther Earnings
11990$1,685,000$13,500,000 (contract signing)
61996$10,212,000$80,000,000 ( contract signing)
132003$1,100,000$4,917,000 (contract signing)
142004$385,000$10,325,000 (contract signing)
152005$1,138,000$1,100,000 (contract signing)
162006$1,178,000$1,200,000 (contract signing)

Instagram Earnings, Endorsements & Sponsorships

The star has over 265k followers on his Instagram page as of May 2019. He earns around $792 - $1,320 per post from the social media platform.

This means that on average he could’ve earned around $105600 He uses the platform to endorse various brands affiliated with him.

The athlete is endorsed by multinational brands like Nike, he also appeared in commercials for Beats, PAC-12 Conference and BIG3 Championships games. His advertisements have aired more 761 times. The well regarded public image is a favorite for various brands.

Assets, Cars, Tax, Insurance, Lifestyle & Expenses

Payton is one of the richest athletes in the NBA, and this allows him this lead a very rich lifestyle. He spent a lot of money on houses. The former NBA star had a house named Payton’s Place which was listed in the market for $6.7 million.

The house has a basketball court, swimming pools, seven bedrooms, a cathedral ceiling, ornamented arches among various other features and facilities. The estate is spread over 9,000 square feet.

The former home of Payton aptly named Payton's palace which was listed for $6.7 million in the market
The former home of Payton aptly named Payton's palace which was listed for $6.7 million in the market

In addition to that, he also has a house in Bellevue, Washington (WA), US where the average price per square foot is around $479.

The baller also has a house in Danville, California (CA), US where the average house price is $1,302,800.  Some online sources report that he lives in Nevada where the average home price is around $293,600.

Payton also owns a classic 1967 Chevy Camaro which can be bought for around $4,150.00 and sellers can list the price well over $34,000.

The cherry on top of his own collection of means of transportation is a yacht named The Glove. Although the exact price of the yacht is not known the average yacht has a starting price of around €20 thousand which is equivalent to around $ 22,429.

Charity, Philanthropy, Taxes & Insurance

Payton supports various charities and causes both financially and by providing services like endorsements. 

Some of the charities that he supports are Bill and Melinda Gates Foundation, Food For Orphans and Free The Children. He supports causes like Children, Education, Family/Parent Support, Health, and Homelessness.

According to NPRI, he lives in Nevada but not in his home state of California.  

The man considered the best Sonic certainly has insurance but the exact plans and policies are not available in the media.

Personal Details – Age, Height, Relationships, Jersey Number, Height, Wife, Divorce

Gary Payton was born Gary Dwayne Payton on July 23, 1968, to mother Annie Payton and father Al Payton in Oakland, California. He has a sister named Sharon Payton and a brother named Brandon Payton who also played basketball.

He is an African-American by ethnicity and holds American nationality. 

As of May 2019, Gary's age is 50 and has a height of 6 ft. 4 inches.

Meanwhile, he is possibly single, however, Payton was married to Monique James. The former duo married on July 26, 1997, lived together in Las Vegas as well as Oakland.

However, after 15 years of marriage, they divorced in 2012.  While in relationship, the former couple welcomed 3 children together: Gary Payton II, Julian Payton, and Raquel.

Well, his son Gary Payton II is also an active player in the NBA. 

Also Read: Michael Jordan Net Worth, Allen Iverson Net Worth, Kawhi Leonard’s Net Worth

Updated On Thu Aug 15 2019 Published On Thu May 02 2019 By Dibas Pratap Basnet