Paul George Net Worth

What is Paul George’s Net Worth in 2024?

Paul George, widely known as “PG13,” has cemented his place as one of the premier players in the National Basketball Association (NBA). With a career marked by exceptional skill, resilience, and an impressive list of achievements, many fans and financial analysts are keen to know his net worth. As of 2024, Paul George’s net worth is estimated to be around $110 million. This figure reflects his earnings from NBA contracts, endorsement deals, and various other investments. Let’s dive into the details of Paul George’s career, financial success, and more.

Early Life and Basketball Beginnings

Clifton Anthony George, later known as Paul George, was born on May 2, 1990, in Palmdale, California. His childhood was surrounded by basketball, as he grew up with two older sisters who played the sport. This early exposure ignited his passion for basketball, leading him to become a devoted fan of the Los Angeles Lakers and the Los Angeles Clippers. He began playing organized basketball in high school, where he started to develop the skills that would later define his professional career.

Despite not being heavily recruited by major universities, George received offers from Santa Clara University and Pepperdine University. He eventually chose Fresno State, believing it would offer him more playing time and opportunities to hone his skills. During his two years at Fresno State, George showcased his talent, earning him the title of “the most entertaining player in the West region.” His performances at the collegiate level set the stage for his entry into the NBA draft.

Journey to NBA Stardom: The Pacers Era

In 2010, Paul George declared for the NBA draft and was selected tenth overall by the Indiana Pacers. This marked the beginning of his professional journey. In his rookie season, the Pacers made it to the playoffs, but they were eliminated by the Chicago Bulls. The following season, they again faced defeat in the playoffs, this time against the Miami Heat.

The 2012-2013 season saw George transition from shooting guard to small forward. His versatility and improved skills quickly became integral to the Pacers’ strategy. He was named the NBA Most Improved Player, highlighting his rapid development and impact on the team. In 2013, George signed a contract extension with the Pacers, becoming their designated player. However, their season ended in the Eastern Conference Finals, where they lost to the Miami Heat.

In 2014, George joined the training camp for the US national team in preparation for the FIBA Basketball World Cup. Unfortunately, a severe leg injury during a scrimmage sidelined him for most of the 2014-2015 season. Although he made an earlier-than-expected return, it wasn’t until the 2015-2016 season that he fully recovered. That year, he also earned a gold medal at the 2016 Summer Olympics, a testament to his international prominence.

After a successful stint with the Pacers, George was traded to the Oklahoma City Thunder. In 2018, he signed a lucrative contract extension with the Thunder, but he later requested a trade and was moved to the Los Angeles Clippers in 2019. Despite a slow start due to shoulder surgery, George continued to excel, eventually signing a four-year contract extension with the Clippers in 2020.

PG13’s Playing Style: Skills and Attributes

Paul George’s versatility on the court is one of his defining traits. Initially a shooting guard, he later flourished as a small forward. His evolution involved significant improvements in ball-handling skills, earning him the NBA Most Improved Player award. His defensive prowess is particularly noteworthy; he is recognized as one of the top perimeter defenders in the league. Furthermore, George is celebrated by fans for his spectacular dunking abilities, which consistently provide highlights.

Contracts and Earnings: A Financial Overview

Paul George’s financial success stems primarily from his NBA contracts and lucrative endorsement deals. In 2010, his initial two-year contract with the Indiana Pacers was worth $3.9 million. Between June 2017 and June 2018, he earned $30 million from salary and endorsements, positioning him among the highest-paid basketball players globally. His endorsement income alone accounted for approximately $8 million per year.

In July 2018, George signed a four-year, $137 million contract with the Oklahoma City Thunder, with his annual salary surpassing $30 million. In 2022, his salary reached $39.3 million, making him the seventh-highest-paid player in the NBA. On December 10, 2020, he signed a five-year, maximum contract extension with the Clippers, potentially worth up to $226 million if all incentives were met, or $190 million without incentives. This new deal increased his average annual salary to $47.5 million by the start of 2020, not including endorsement income. He earns an additional $8-10 million annually from endorsements.

Real Estate Ventures: Paul George’s Property Portfolio

Paul George has made significant investments in real estate, showcasing his financial acumen beyond basketball. In 2016, he purchased a 16,000-square-foot home in Hidden Hills, California, for $7.4 million, which sat on 1.35 acres. He listed the property for sale in June 2020 for $9.5 million, ultimately selling it in December 2020 for $8.4 million. The buyer was rapper French Montana.

In September 2019, George acquired a home in Los Angeles’s Pacific Palisades neighborhood for $16 million. This residence, previously owned by fellow NBA star DeAndre Jordan, features 10,000 square feet of living space, seven bathrooms, a temperature-controlled wine room, a pool with a waterfall, and a basketball court, offering stunning views of the Pacific Ocean.

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In 2020, it was revealed that George had sold his Hidden Hills home to French Montana for $8.4 million, realizing a modest profit of $1 million despite the sale being slightly under the initial asking price.

Endorsements and Additional Income Streams

Beyond his NBA salary, Paul George significantly boosts his net worth through various endorsement deals. While the specific details of his endorsement contracts are often private, it is known that he earns approximately $8-10 million per year from these partnerships. These endorsements contribute substantially to his overall financial standing.

The Future of Paul George

As Paul George continues his career, his net worth is poised to grow. With his talent, continued success in the NBA, and smart financial investments, George is well-positioned to maintain and even increase his impressive net worth. His impact on the game and his financial acumen make him a prominent figure in the world of professional sports.