As of 2023, PJ Washington, a professional basketball player for the Charlotte Hornets in the NBA, has garnered attention not just for his skills on the court but also for his growing net worth. In 2019, he became a part of the Hornets as the 12th overall draft pick and has shown promising talent ever since.
Drafted in 2019, Washington is best known for his rebounding abilities and athleticism. His rookie season averages stood at 5.5 points, 4.5 rebounds, and 0.6 assists per game. Currently, much of the buzz is about his new three-year, $48 million contract with the Hornets.
| Aspect | Detail |
|---|---|
| Contract length | 3 years |
| Total contract value | $48 million |
| Estimated net worth | $1-3 million |
| Career earnings in 2023 | $5,808,435 |
The three-year, $48 million contract he signed in 2022 has an interesting structure. Specifically, it’s a front-loaded contract, offering him $16.8 million in the first year.
This contract will decrease in value over time, with a second-year salary of $15.5 million and a third-year salary of $14.2 million.
Unsurprisingly, PJ Washington’s primary source of income comes from his career in basketball. The $48 million contract forms the backbone of his earnings.
Additionally, he has other streams of income such as endorsements and sponsorships, which contribute to his net worth estimated to be between $1 million and $3 million.
Several sources claim different estimates when it comes to PJ Washington’s net worth. As of 2022, these estimates ranged from $1 million to $3 million.
It’s crucial to remember that these are only approximations. The actual figures may vary.
During the contract negotiations, the Hornets’ General Manager, Mitch Kupchak, humorously remarked that Washington’s agent made the talks rather challenging. Nonetheless, PJ Washington eventually signed the deal, expressing his loyalty to the Hornets.
Recent reports have highlighted that PJ Washington is seeking a contract worth around $20 million per season. If this happens, he’ll be among the top earners in his position in the NBA.
This information is yet to be confirmed, but it underscores his growing market value.
Trade rumors are swirling around Washington, with the Orlando Magic mentioned as a possible destination. As the 2023-24 NBA season approaches, these speculations gain more weight.
However, it remains uncertain if the Hornets are willing to let go of this promising player.
To date, PJ Washington has earned at least $17,878,995 from professional basketball. Specifically, he made $5,808,435 in the year 2023 alone.
Before taxes, according to HoopsHype, Washington’s annual salary stands at $4.2 million. Given his young age and promising talent, his earning potential is incredibly high.
PJ Washington is a basketball player with a burgeoning career and a net worth that’s seemingly on the rise. Keep an eye on this talented player; his financial trajectory is likely to continue moving upwards.
FAQs
What is PJ Washington’s net worth?
PJ Washington’s estimated net worth ranges between $1 million to $3 million as of 2023.
What is his annual salary?
His annual salary is $4.2 million before taxes.
Are there any trade rumors involving PJ Washington?
Yes, the Orlando Magic has been mentioned as a possible trade destination for him.
Is his current contract front-loaded?
Yes, PJ Washington has a front-loaded three-year, $48 million contract with the Charlotte Hornets.
