Jimmer Fredette, the BYU phenomenon who captivated college basketball fans, has carved out a unique and financially rewarding career. While his NBA journey didn’t reach the heights many predicted, Fredette’s international success and savvy financial decisions have contributed to an estimated net worth of $7 million in 2024. This article examines the various income streams that have shaped his financial trajectory, from NBA contracts to lucrative stints overseas.
Early Life and College Stardom
Fredette’s basketball journey began in Glens Falls, New York, where he honed his skills before becoming a national sensation at Brigham Young University (BYU). From 2007 to 2011, “Jimmermania” gripped the college basketball world. While his college career predated the era of Name, Image, and Likeness (NIL) deals, his remarkable talent and popularity laid the foundation for future financial success.
NBA Career and Earnings
Drafted 10th overall in 2011, Fredette entered the NBA with high expectations. He played for several teams, including the Sacramento Kings, Chicago Bulls, New Orleans Pelicans, and Phoenix Suns, but never solidified a consistent starting role. While his NBA career spanned six seasons, his earnings, likely totaling between $8.8 million and $9.2 million (depending on the source and accounting for inflation), didn’t reach the superstar level some projected.
| Season | Team(s) | Approximate Salary |
|---|---|---|
| 2011-12 | Sacramento | $2,117,440 |
| 2012-13 | Sacramento | $2,281,920 |
| 2013-14 | Sacramento/Chicago | $2,446,400 |
| 2014-15 | New Orleans | $948,163 |
| 2015-16 | New York/Westchester (G League) | $1,499,187 |
| 2018-19 | Phoenix | $838,247 |
Note: Salary figures are approximate and may vary slightly depending on the source. NBA contracts often include bonuses and incentives that can affect total compensation.
International Success and Financial Gains
Fredette’s career took off internationally. He became a star in the Chinese Basketball Association (CBA), playing for the Shanghai Sharks, where he reportedly earned over $1.3 million annually. His success in China, including an MVP award, significantly boosted his earnings and overall net worth. He later played for Panathinaikos in Greece, winning the Greek Basket League championship, further adding to his financial portfolio. While specific figures are unavailable, his international earnings likely represent a substantial portion of his net worth. His participation in the 3×3 basketball format, culminating in two Olympic gold medals and one silver, further enhanced his profile and earning potential.
Endorsements and Investments
While specific details are limited, endorsements and investments contribute to Fredette’s overall financial picture. He has been associated with brands like Rigorer and 361, though the financial terms of these deals are not publicly known. Early in his career, he made a notable real estate investment, purchasing a house for $950,000, suggesting a focus on long-term financial planning.
Net Worth Summary and Future Outlook
Estimating Jimmer Fredette’s net worth requires careful consideration of various factors. While the $7 million figure serves as a reasonable estimate, the lack of publicly available information regarding endorsements and other investments makes it challenging to pinpoint a precise number.
His future earnings will likely depend on his continued involvement in basketball, whether through playing, coaching, or other related ventures. His proven adaptability suggests he could explore various opportunities, potentially impacting his future net worth.
FAQs
- How much is Jimmer Fredette worth? Current estimates place his net worth around $7 million.
- Did Jimmer Fredette make more money in the NBA or overseas? While his cumulative NBA earnings are likely around $8.8 million, a substantial annual salary in the CBA suggests his overseas career might be more lucrative.
- What endorsements does Jimmer Fredette have? He has been associated with brands like Rigorer and 361, though details are scarce.
- What is Jimmer Fredette doing now? Information on his current endeavors would need to be updated as of the publication date. (Suggest researching and adding current information here).
This revised version aims for a more concise and engaging style, mirroring sports journalism found in outlets like ESPN or The Athletic. It focuses on providing clear, factual information while avoiding repetition and unnecessary introductory phrases. The inclusion of tables and FAQs further enhances readability and addresses common user queries.
