Former Denver Nuggets and New York Knicks superstar Carmelo Anthony is widely recognized as one of the best scorers the league ever saw. Anthony last played in the NBA for the LA Lakers, during the 2021-22 season. That was his 19th year in the NBA, having played for as many as 6 teams. Carmelo recently announced his retirement from the NBA at the age of 38.
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His overall net worth is currently estimated to be around $170 million. His NBA salaries are the major source of income. That includes a 5-year, $124 million contract that he signed with the New York Knicks back in 2014. Anthony also has a range of brand endorsements and sponsorships. These have all played a part in maintaining his overall net worth.
What is Carmelo Anthony’s net worth in 2023?
According to Sportrac, Carmelo Anthony earned a total of around $262.5 million via NBA salaries alone. While that contributed majorly to his estimated net worth of $160 million, there are plenty of brand endorsements that Melo signed over the years.
This includes deals with Nike, Panini, and Footlocker. Carmelo’s endorsements are said to have netted him an average of around $9 million per year.
As far as the salaries are concerned, Carmelo earned just slightly above $75 million during his 8 seasons with the Denver Nuggets. The Knicks subsequently awarded Anthony with two of the largest contracts he ever signed.
Carmelo netted over $125 million during just 6 seasons in New York, followed by stints with the OKC Thunder, where his annual salary stayed above $25 million for 3 more seasons. At the age of 33, he signed with the Houston Rockets, earning $1.3 million.
This was followed by stints with Chicago Bulls, the Trail Blazers, and the LA Lakers. The three contracts netted Anthony over $8 million, bringing his overall earnings well past the $260 million mark.
What is next for Carmelo Anthony?
Anthony announced his retirement via a stylish Twitter video. He explained that he was looking forward to the next chapter of his life and that his legacy would live on forever through his son, Kiyan.
Kiyan currently plays for Christ The King High School in Queens and also wants to be a professional basketball player. Expectations are that Anthony will now actively pursue stronger ties with the NBA and potentially transition into a role as an analyst.
The player spent 19 successful seasons in the NBA and during his prime was a lethal scorer capable of hurting teams from all over the court. Anthony also explained that he will always remember each and every fanbase that he played for in the NBA.
Thank you #STAYME7O pic.twitter.com/4au8cOd13s
— Carmelo Anthony (@carmeloanthony) May 22, 2023
Anthony explained that he treated basketball as his outlet. The player lost his mother at the tender age of 2 and had an unsettled childhood. Regardless, Anthony was emotional on the occasion, and appears ready to bring on the next chapter of his life:
“Basketball was my outlet. My purpose was strong, my communities, the cities I represented with pride, and the fans that supported me along the way. I am forever grateful to those people and places because they made me, Carmelo Anthony.”
