Facts of Tim Duncan
How Much Is The Former NBA Player Tim Duncan's Net Worth?
Timothy Theodore Duncan aka Tim Duncan is a former professional basketball player who spent his 19 years of his career with the San Antonio Spurs. Professionally active from 1997 to 2016, Duncan's massive conntracts have earned him a net worth of $130 million.
Tim was picked by the San Antonio Spurs with the first overall pick in the 1997 NBA draft and earned himself NBA Rookie of the Year honors. Duncan is a 155 times NBA All-Star, 5 time NBA Champion, 2 time NBA MVP, and 3 time NBA Finals MVP.
Tim Duncan’s Net Worth: Career, Income Sources, and Earnings
Tim started his professional career in 1997 with the San Antonio Spurs and earned himself a huge amount of fortunes.
As per Celebrity Net Worth, Tim has an estimated net worth of $130 million as of May 2019, while his average annual income comes to be $10 million. Some other online sources estimated his fortune to be around $177 million.
The majour source of his income was his professional basketball career.
Similarly, some sources reported he earned around $20 million per year from Spurs per year making him one of the highest paid player in the NBA in 2010.
Well, having played 22 season in NBA, Duncan's total career earnings is reported to be $241.274 million.
Career Highlight & Salary
Tim started playing basketball since his high school days back in St. Dunstan’s Episcopoal High School. In 1993, Tim joined Wake Forest University and played for the college team.
In 1997, Tim was drafted by the San Antonio Spurs with the first draft pick. Prior to the 2003-04 season began Duncan led the Spurs after the retirement of Captain David Robinson. Tim played for San Antonio Spurs as Power Forward/ Center till his retirement.
Here is the list of Tim Duncan’s annual salary with year:
|2002||Annual Salary||$12 million|
|2003||Annual Salary||$12.6 million|
|2004||Annual Salary||$14.2 million|
|2005||Annual Salary||$15.8 million|
|2006||Annual Salary||$17.4 million|
|2007||Annual Salary||$19 million|
|2009||Annual Salary||$22.1 million|
|2010||Contract and Annual Salary||$18.7 million|
|2011||Annual Salary||$21.1 million|
3 years contract with San Antonio Spurs
|2013||Annual Salary||$10.3 million|
|2014||Annual Salary (player option)||$10.3 million|
Salary from the Spurs
Intensive received from the Spurs
Tim has endorsed with several popular brands like HEB, AT&T, and Adidas. He earned around $2 million off court from his deals. He also did commercials for Nike back in 2000.
Assets, House, Cars, Lifestyle, Expenses, and Tax
The multi-millionaire player is living a lavish lifestyle with his jaw-dropping net worth of $130 million.
He owns a massive house in San Antonio, Texas whose details and price is not available at the moment.
In 2014, Duncan listed his Lake Travis home worth of $1.2 million on sale at the asking price of $945,000. The 3,995 sq.ft house features 5 bedrooms, 4 bathrooms, a chef’s kitchen, a game room, and other features.
He had purchased that house for $1.25 million in 2005.
Talking about his cars, he owns expensive whips like:
|Ferrari 458 Italia||$230,000|
|Dodge Challenger Custom||$29,995|
|2010 Chevrolet Camaro||$25,000|
|1995 Chevrolet Bel Air Convertible||$190,000|
Tim’s expenses are based on his foods, accommodations, cars, insurance, and others.
With a great fortunes, comes a greater tax payment. Tim surely pays a large amount of sum for taxes, as the tax policy calls for 37% of the revenue as income tax if it is above $500,000 a year.
He established The Tim Duncan Foundation to serve the areas of health awareness and research, youth sports, and education in San Antonio. The foundation raised over $350,000 in between 2001-02 for prostate and breast cancer research.
In 2013, Tim founded the vechile customization BlackJack Speed Shop located in San Antonio, Texas. The shop with the partnership with The Tim Duncan Foundation organizes urgently needed supplies for the victims of Hurricane Harvey.
Tim Duncan’s Personal Details: Age, Wife, Children & Family
Timothy Theodore Duncan was born on 25th April 1976 in Saint Croix, Virgin Islands to parents Lone and Williams Duncan. He grew up in his home town alongside his sisters Tricia and Cheryl. He holds American nationality and belongs to Afro-American ethnic group.
Duncan got married to former wife Amy Sherrill in July 2001. Together they welcomed two children: Sydney (born in 2005), and son Draven (born in 2007).
However, after 12 years of marriage, the duo separated in May 2013 and finalized their divorce on 23rd November 2013.
After his divorce, Tim started dating Vanessa Macias. The couple shares one daughter: Quill Duncan together.
Tim is 44 years old as of May 2019. He has a height of 6 feet 11 inches (211 cm)and weighs around 113 kg (250 lbs).