In just his sixth season with the Oklahoma City Thunder, Russell Westbrook has managed to put together a bit of a legacy, and he’s still only in his early 20s. Not only has Westbrook established himself as one of the premier playmakers in the league, but he’s also an avid philanthropist and owner of a lucrative endorsement portfolio.
The Thunder have made it no secret that Westbrook is their priority, and he’s the main reason they have a chance at knocking off the Golden State Warriors in the Western Conference. With a projected net worth of $115.2 million when he retires, Westbrook can afford to take risks to get a leg up on his competition and continue delivering franchise-changing performances year after year. Let’s take a look at Westbrook’s net worth, income, and career earnings to establish a financial forecast of his future earnings from 2022 to 2022.
Westbrook’s Net Worth in 2022
At age 36, Westbrook will be entering his 12th NBA season. At that point, he’ll have played nearly 23 full seasons as a professional athlete. If he plays to this point, Westbrook will have accumulated a projected net worth of $115.2 million. This is a substantial increase from his net worth at age 32, which was $24.9 million.
Westbrook’s Career Earnings
The bulk of Westbrook’s net worth comes from his basketball earnings. This includes all of the money he has earned from playing in the NBA, as well as earnings from his overseas basketball career.
Westbrook’s NBA rookie salary was $2.1 million, which gives us a rough estimate of his career earnings to date. At age 31, Westbrook will have earned close to $330 million. His annual earnings will likely increase as he nears the end of his career.
Westbrook’s Earnings from Endorsement Deals
As one of the most marketable players in the history of the NBA, Westbrook has a broad endorsement portfolio. This includes deals with companies such as Nike, Under Armour, Chinese apparel brand Anta, and Samsung.
The value of any given endorsement deal is difficult to ascertain. It depends on factors such as the length of the contract, the specific product being sold, and the marketability of the athlete. It’s safe to say that Westbrook’s endorsement earnings make up a significant portion of his net worth.
Westbrook’s Earnings from Sponsorship Deals
Sponsorships are deals between a brand and an athlete. The athlete is expected to wear the product and promote it to their fans and followers. Sponsorship deals vary significantly in length and value. The longer the term of the deal and the greater the value, the more it will contribute to Westbrook’s net worth.
Most of Westbrook’s endorsement deals are short term, and they don’t contribute much to his net worth. This is likely due to his short stature. At 6 feet tall, most brands don’t view him as a lucrative investment.
Westbrook’s Income from His Sports Agent
One of the most valuable assets in any professional athlete’s portfolio is their sports agent. Agents can be a source of lucrative income for their clients by negotiating and securing lucrative endorsement deals and contracts with major sports franchises.
Some of the best professional athletes in the world have been represented by one of the best sports agents in the world — Rich Kleiman of Excel Sports. Kleiman’s roster includes athletes such as Leonard Fournette, Paul Millsap, Luis Severino, and many more.
Westbrook’s Income from His Other Businesses
Aside from playing basketball, Westbrook has a number of other businesses that help generate income for him. This includes a line of high-end leather goods, hair care products, and two restaurants in Oklahoma City.
The restaurants are likely the most profitable businesses for Westbrook. This is because they’re both local establishments that don’t require him to travel or spend excessive amounts of time away from his family.
Westbrook is widely considered to be one of the most talented players in the history of the NBA. He’s proven that he’s a franchise-changing playmaker and made himself a truly marketable figure.
With a projected net worth of $115.2 million in 2022, it’s clear that Westbrook has all the financial resources he could ever need. He’s an avid philanthropist and also owns a lucrative endorsement portfolio, which is likely a major contributor to his net worth.