Jeremy Lin’s . Apart from his salary, he boosts his finances with endorsements and investments. He is an American basketball player who played in the National Basketball Association (NBA) and is now in the Taiwan Professional Basketball League (TPBL).

• In 2016, Forbes estimated Lin’s endorsement earnings at $4 million.
• After leaving the NBA, Lin played in the Chinese Basketball League and the Taiwanese Professional Basketball League.

The Sun and Celebrity Net Worth report that He generates this through his basketball salary, sponsorship deals and investments.

Jeremy Lin played in the NBA for the Golden State Warriors, New York Knicks, Houston Rockets, Los Angeles Lakers, Charlotte Hornets, Brooklyn Nets, Atlanta Hawks and Toronto Raptors. He signed lucrative contracts, and this is a breakdown of his earnings.

During ten seasons in the league, Lin made $65 million from the eight teams he represented. After going undrafted in 2010, the Golden State Warriors signed him on a two-year deal worth $1.23 million with an average salary of $617,900.

In 2011, Lin moved to the New York Knicks, where he signed a one-year deal for $762,195. It is here that he gained fame for his performances and attracted other teams.

At the end of the campaign, the Houston Rockets offered an unmatched three-year contract worth $25 million, averaging approximately $8.33 million per year. In his last year, the Rockets traded him to the Lakers, who paid him $15 million.

At the end of the season, Lin takes a significant pay cut to join the Charlotte Hornets on a $4.3 million two-year deal with an early-termination contract. He opted for an early termination to commit to the Brooklyn Nets for three years. At $36 million, this was his most lucrative NBA contract.

In 2018, the Nets traded the guard to the Atlanta Hawks, who absorbed his $12.5 million final-year contract. At the end of 2019, the Hawks waived him. Shortly after, Lin signed for the Toronto Raptors and earned $697,358 for the remainder of the 2018/19 season.

Jeremy Lin plays in the Taiwan Professional Basketball League (TPBL). In 2023, he joined the New Taipei Kings with an option to extend for another year, which he did and is part of the team for the 2024/25 season.

According to iNews, the guard’s salary exceeds $1 million. Before Taipei Kings, Lin played for Kaohsiung 17LIVE Steelers and was paid $500,000, despite playing only half a season.

Lin’s NBA popularity resulted in profitable sponsorship deals. At the beginning of his career, he signed a $200,000 annual deal with Nike. When it ended, he moved to Adidas and secured a five-year contract worth $3 million annually.

He designed his sneakers, inspired by his roots. Post his NBA career, Lin partnered with Xtep, and his customised shoe immediately sold out in the Asian market.

Additionally, the one-time NBA champion has brand sponsorship with Tag Heuer and Steiner Sports. Forbes estimates that in 2016, his endorsement earnings were at $4 million.

The basketball player invests his hard-earned money in different areas. In 2017, Lin contributed to a $15 million Series A funding for Plays.tv, a gamer’s platform to record and share their games.

Moreover, he is an early investor in the NEX Team, who founded the HomeCourt app, an app that uses Artificial Intelligence (AI) to track basketball players' performance.

Beyond this, Lin started the Jeremy Lin Foundation, through which he helps the AAPI (Asian American Pacific Islander) and other communities of colour. Through the “Be The Light” project, Lin donated a total of $1.4 million to COVID-19 relief efforts and raised awareness of anti-Asian racism during the pandemic.

Final word

Jeremy Lin’s net worth of $36 to $40 million is built from his basketball career, endorsements and sponsorship deals. In his prime, he signed his most lucrative contract, a $36 million deal with the Brooklyn Nets. Apart from that, his brand secured a profitable partnership, further strengthening his financial standing.

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Source: TUKO.co.ke