Despite the wealth he acquired as an NBA player, Iman Shumpert hasn’t squandered it.
Shumpert entered the league in 2011, drafted as the New York Knicks’ 17th pick, according to Basketball Network. He secured a four-year deal, valued at $7.5 million, per CNBC.
“Since I entered the league, half of my checks have always gone into a separate account. … I pride myself on doing that. I’ve done it no matter the size of my contract or salary,” Shumpert told the outlet at the time.
He added, “Because of what I’ve saved I don’t really have a lot of worries about money… The funny thing is that now that I can be way more flexible with what I’ll buy, I’ve found I don’t really need much.”
Additionally, Shumpert says his busy NBA schedule made it difficult for him to splurge as often and that his teammates were also mindful of their financial habits.
“For as much money as we make, we’re all pretty cheap. We split the bill at dinner. We’re smart about our coins, man,” Shumpert revealed, according to CNBC.
Shumpert also disclosed the money he accumulated over the years is being put toward investments.
“Half the battle is being able to get yourself to a a point financially that you got a nest egg so that you actually can make moves,” Shumpert said during a previous interview. “So many people probably getting the same check that I’m getting right now. You can get the same type of money as me right now, but unless you made the money that I just made in the last 10 years, you can’t move how I can move. A lot of people don’t understand that.”
Although it’s an estimate, Celebrity Net Worth reports that Shumpert has a net worth of $30 million, as of this writing.
