Over eight seasons in the NBA, Jeremy Lin has earned himself somewhere in the region of $170 million. Jeremy’s rise to greatness in the big leagues is different from a lot of other basketball players. In 2012, Linsanity took the world by storm, coming out of nowhere with seller performances which made him a first-team favorite with the New York Knicks.
Linsanity of Jeremy Lin
After only 29 games with the Golden State Warriors and spending time in the G League, Lin came out of the shadows with 18 games of 20 points, 8.5 assists, 3.6 rebounds, and 2.4 steals. Although the Linsanity heat lasted about a month, it set a precedent for successful ventures with other teams and partners.
Lin’s impact on the market cap of Madison Square Garden translated to $170 million as its stock rose to $31.87 from $29.77 during the Lin-sanity period. Ticket prices for Knicks games rose by 25% in the resale market. Fans were buzzing not only to see the chef make works of the genius in the kitchen but also to see his infectious smile light up the courts.
While at the New York Knicks, Lin earned $762,195 a year. After his stellar performance with them, Houston Rockets signed Lin for $25 million over three years. The Knicks, faced with the threat of a $30-40 million luxury tax, had to let go of their prized player. Lin did well for the Rockets, bagging himself an average of 13.4 points, and 6.1 assists while starting in all 82 games.
The Laker’s Flavor
On July 13, 2014, Lin made a move to the Los Angeles Lakers with a contract of $15 million of which only $8.3 million would count. He switched the Charlotte Hornets in the next season, earning a base salary of over $2 million over two years. Despite injury setbacks, Lin was able to shine at the Hornets.
In 2016, Jeremy’s earnings spiked as he joined the Brooklyn Nets on a three-year $36 million contract. The deal had a cap hit of $12,000,000 and a dead cap value of $24,516,746 which would change to $12,516,746 and $12,516,746 in the seasons that followed. His first game for the Nets saw him score 18 points. Two days later, he got a near triple-double with 21 points, nine rebounds, and one assist. His season with the Nets was plagued with injuries. He only played 36 games in the season.
On Top of the World
Lin would have a short stint at the Atlanta Hawks mentoring rookie point guard, Trae Young. He made $12.5 million in the last year of his contract. The next season would mark an unprecedented yet unforgettable move for Jeremy. His move to the Toronto Raptors had an air of secrecy about it with the Raptors refusing to disclose the terms of the contract. Whatever the pay was, both sides would come to be rewarded with something much greater- the Raptor’s first NBA Finals. Now, with a 3-1 lead over the Golden State Warriors, Net Worth means very little. They’re on top of the world.
Other Athletes’ Net Worth
- Kobe Bryant’s Net Worth
- Kawhi Leonard’s Net Worth
- Nene Hilario’s Net Worth
- Joakim Noah’s Net Worth
- Hassan Whiteside’s Net Worth
Calvin Ebun-Amu is passionate about finance and technology. While studying his bachelor’s degree, he found himself using his spare time to research and write about finance. Calvin is particularly fascinated by economics and risk management. When he’s not writing, he’s reading a book or article on risk and uncertainty by his favourite non-fiction author, Nassim Nicholas Taleb. Calvin has a bachelors degree in law and a post-graduate diploma in business.