Trae Young Net Worth

Trae Young Net Worth: Salary, Career, Early Life, and Real Estate

Introduction: The Rise of Trae Young

Trae Young, the dynamic point guard for the Atlanta Hawks, has swiftly ascended to become one of the NBA’s most exciting and financially successful players. This article delves into Trae Young’s net worth, career earnings, early life, and real estate investments, painting a comprehensive picture of his journey from high school phenom to NBA All-Star. From his record-breaking college performances to his lucrative supermax contract, we explore the factors contributing to his impressive financial standing.

Early Life and High School Career

Rayford Trae Young was born on September 19, 1998, in Lubbock, Texas. He is the son of Rayford and Candice Young. His family later moved to Norman, Oklahoma, where he grew up alongside his siblings. Although he didn’t start playing basketball until his sophomore year at Norman North High School, Young quickly made his mark. In his first season, he averaged 25 points per game and led his team to a championship title, earning Oklahoma’s Sophomore of the Year award.

During his junior year, Young continued to improve, leading his team to a 28-4 record and a regional title. In his senior year, he averaged an astounding 42.6 points per game and was named Oklahoma’s Player of the Year. His high school career set the stage for his collegiate success and eventual NBA stardom.

College Career at the University of Oklahoma

In 2017, Trae Young enrolled at the University of Oklahoma. His freshman year was nothing short of spectacular. He recorded outstanding performances, drawing comparisons to NBA superstar Stephen Curry after a game where he scored 43 points and had seven assists. He tied the NCAA single-game assists record with 22 assists in another game. Young led the nation in points and assists per game, cementing his status as a top college player.

(Photo by Kevin C. Cox/Getty Images)

Despite Oklahoma’s loss in the NCAA tournament, Young was named the Big 12’s Freshman of the Year and won the Wayman Tisdale Award for National Freshman of the Year. His exceptional performance led him to declare for the 2018 NBA draft.

NBA Career: From Draft to Superstardom

Trae Young was drafted by the Dallas Mavericks with the fifth overall pick in the 2018 NBA draft but was immediately traded to the Atlanta Hawks in exchange for Luka Dončić and a future first-round pick. He officially signed with the Hawks in July 2018. In his third game of the season, he scored 35 points and 11 assists against the Cleveland Cavaliers, showcasing his scoring and playmaking abilities.

Young continued to shine, setting a season-high record of 49 points and 16 assists in a quadruple-overtime loss to the Chicago Bulls in March. He earned an NBA All-Star selection as a backcourt starter in January 2020. Further demonstrating his scoring prowess, Young scored a career-best 50 points against the Miami Heat in February 2020. His impressive performances have established him as one of the league’s premier offensive talents.

Supermax Contract and Career Earnings

In his first four seasons in the NBA, Trae Young earned a total of $26.5 million in salary. His talent and marketability led to a significant payday in August 2021, when he signed a five-year supermax contract with the Atlanta Hawks, valued at $207 million. The base contract level was set at $172 million but includes a 30% escalator clause that boosts the value to $207 million if Young makes one of the three All-NBA teams. This contract reflects his status as a cornerstone player for the Hawks and ensures his financial security for years to come.

Real Estate Investments: Homes in Oklahoma and California

Trae Young has made savvy real estate investments, including a home in Norman, Oklahoma, which he purchased in 2019 for $1.5 million. The property spans 8,100 square feet and features five bedrooms, six bathrooms, a spacious kitchen, and an outdoor pool. This property provides a comfortable retreat and connection to his roots.

In December 2022, Young made a significant purchase in Calabasas, California, paying $20 million for a custom-built mansion. Originally listed for $30 million by NFL star Clay Matthews, the property is located in a gated community known for its celebrity residents. The mansion includes a sports court, a chef’s kitchen, a fish pond, an 800-gallon saltwater aquarium, a resort-like pool and spa, a subterranean theater, a wine cellar, and a nine-car garage. These amenities reflect his success and lifestyle. Here’s a video tour:

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Conclusion: Trae Young’s Legacy and Future

Trae Young’s net worth of $50 million reflects his exceptional talent and financial success. From his early days in Texas to his current stardom with the Atlanta Hawks, Young has consistently proven his ability to perform at the highest level. His lucrative contracts, including the supermax deal, and his smart real estate investments highlight his financial acumen. As he continues his NBA career, Trae Young is poised to further increase his net worth and cement his legacy as one of the league’s most exciting and valuable players.