San Antonio Spurs center Victor Wembanyama stands out as one of the most highly anticipated rookies in NBA history, having quickly accumulated a good amount wealth in the early stages of his career.
Wembanyama's hype and reputation are built on a versatile skill set that includes proficiency in outside shooting, scoring, passing, and defensive capabilities, among other attributes.
What captivates fans, analysts, and observers alike is the remarkable fusion of these skills is within the imposing 7-foot-4 frame of the French player.
As one of the most exciting players to watch in the NBA today, many are asking: What is Victor Wembanyama's net worth in 2023?
Victor Wembanyama's Net Worth 2023: $10 Million
The 19-year-old Wembanyama is worth $10 million as of October 2023, according to Celebrity Net Worth.
Selected as the first overall pick in the 2023 NBA Draft by the San Antonio Spurs, the French phenom inked a four-year rookie scale contract with the team, totaling $55,174,766.
Locked in a long-term contract, the unicorn's presence with the San Antonio Spurs is nearly guaranteed for the initial four years of his professional career, barring any unforeseen circumstances or trades.
In his debut season, Wembanyama is slated to earn approximately $12.1 million in salary, per Spotrac. He will have a slight increase next year, with a $12,768,960 salary for 2024-25.
The third and fourth years of the contract, amounting to $13,376,880 for the 2025-26 season and $16,868,246 for the 2026-27 season, include team options. The Spurs are anticipated to exercise these options to retain their valuable asset.
At the conclusion of his rookie contract, the Spurs possess the option to extend a qualifying offer to the center, totaling over $23.6 million for the 2027-28 season.
If Wembanyama chooses not to accept the qualifying offer, he could enter restricted free agency, or alternatively, the Spurs may opt to present him with a maximum contract, a scenario that appears more plausible.
Read more: Should The Golden State Warriors Trade Klay Thompson Amid Another Poor Outing And Contract Row?
Victor Wembanyama's Wealth
Wembanyama is already the 21st highest-paid center in the NBA for the 2023-24 season. Although he is not as wealthy yet compared to other NBA stars, he is expected to command lucrative NBA contracts and endorsement deals as his career progresses.
Before he was drafted, an NBA scout estimated that Wembanyama could add $500 million in franchse value for whichever team he plays for.
Wembanyama has been donning Nike shoes on the basketball court since his time in the French league LNB Pro A.
While the specific details of his Nike contract remain undisclosed to the public, there were rumors circulating that suggest Wembanyama recently secured a significant deal, rumored to be around $100 million, with the Swoosh brand for both on-court and off-court wear.
However, sneaker industry insider Nick De Paula of ESPN and Boardroom has reported that Wembanyama's existing footwear and apparel deal with Nike from his professional tenure in France will carry over into his NBA career.
In addition to his collaboration with Nike, Wembanyama has endorsement agreements with various brands, including video game developer 2K, plant-based sports drink Barcode, and sports merchandise retailer Fanatics, as confirmed by his agent, Bouna Ndiaye.
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