Chandler Parsons Net Worth: Basketball and Beyond (2023)
Chandler Parsons Net Worth - $60 Million
Chandler Parsons’ Career and Achievements
Born on October 25, 1988, in Casselberry, Florida, Chandler Parsons began his basketball journey at Lake Howell High School, where he led his team to a Florida Class 5A State Championship. He proceeded to play college basketball at the University of Florida and was awarded the SEC Player of the Year in 2011.
Houston Rockets: A Promising Beginning
Parsons entered the 2011 NBA draft and was selected by the Houston Rockets as the 38th overall pick. While his career technically began in France with the team Cholet, his NBA journey kicked off with the Rockets in 2011. In 2012, he was named to the NBA All-Rookie Second Team, a promising start to his career as a small forward.
Dallas Mavericks and Memphis Grizzlies: Growing Success
In 2014, Chandler Parsons signed a three-year contract worth $46 million with the Dallas Mavericks, drastically increasing his earnings from his time at the Houston Rockets. He played with the Mavericks for two seasons, earning roughly $18 million and $19 million in those consecutive seasons.
In 2016, Parsons signed with the Memphis Grizzlies, further boosting his salary. He played with the Grizzlies for three seasons, with average annual earnings of $28 million.
Atlanta Hawks and Career-Ending Accident
Parsons’ final NBA season was with the Atlanta Hawks in the 2019/20 season. He joined the team with a salary of $30 million. Unfortunately, in January 2020, Parsons was involved in a car accident, which left him with significant injuries. These included brain damage, disc herniation, and a torn labrum – which ultimately ended his professional basketball career.
Off-the-Court Finances: Endorsements and Real Estate
Chandler Parsons’ net worth does not solely rely on his basketball earnings. Between June 2017 and June 2018, he managed to earn an impressive $24 million through salary and various endorsements. Being one of the highest-paid basketball players worldwide, his endorsements contributed to his exceptional net worth.
Parsons has also made a series of investments in real estate. In 2017, he purchased a luxurious $10.9 million mansion in Bel Air, California, which was later sold in 2019 for $12.35 million. In December 2019, he spent $9.25 million on a home in Malibu, California. And in 2019, Parsons purchased a property above the Sunset Strip in Los Angeles for $6.775 million, selling it in December 2021 for $8 million.
Retirement and Philanthropy
Since retiring on January 18, 2022, Chandler Parsons has shifted part of his focus to philanthropic work. He has participated in numerous charity events and causes, including the “Op Dunks for Donation,” where he played basketball to raise money for Sustainable Surf – an organization committed to protecting the ocean and its ecosystems.
Conclusion
While Chandler Parsons’ career was cut short by a tragic accident, his ability to accumulate an impressive net worth of $60 million shows his dedication to the sport and his financial acumen. Despite facing adversities, Parsons has shown resilience by focusing on philanthropic work, making a difference to those in need.
Frequently Asked Questions
How much money has Chandler Parsons made?
Throughout his NBA career, Chandler Parsons has made an impressive net worth of $60 million, with cumulative earnings of $130 million from his NBA salary alone.
How tall is Chandler Parsons?
Chandler Parsons stands at a height of 6 feet 10 inches (208 cm).
