Malik Beasley Net Worth in 2024: How much is he worth?
Over the years, Malik Beasley has amassed a substantial amount of wealth from his NBA salaries and endorsements.
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Malik Beasley has been in the headlines a couple of years back, perhaps for all the wrong reasons. His scandal with Larsa Pippen and then prison sentence for entirely different reasons has somewhat tarnished his reputation over time.
However, since being traded to the Los Angeles Lakers, Beasley has already enjoyed acclaim from fans and supporters. Even LeBron James himself heaped praises on Malik, calling him “a laser”!
Since being drafted in the NBA in 2016, Beasley has been a journeyman. The sharpshooter has suited for the Denver Nuggets, Minnesota Timberwolves, Utah Jazz and the LA Lakers. Malik Beasley has acquired a sizable fortune from NBA salaries and endorsements over the years. But exactly how much is Malik Beasley’s net worth in 2024?
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Malik Beasley Net Worth
Malik Beasley has earned the most of his net worth through his NBA salaries and player contracts. As of 2024, Malik Beasley has a net worth of $6 million which owes to his playing career. This value is expected to increase substantially as he acquires the rest of his salary in the final year of his contract.
Although Malik Beasley is yet to sign with renowned brands, the Lakers forward earns substantially from his Nike deal. Given his somewhat tarnished reputation, it is not much of a surprise that the NBA star hasn’t been offered many endorsement deals as of now.
Contracts & salary
Beasley signed his four-year contract with the Minnesota Timberwolves on November 27, 2020. The deal worth $60,000,000 will see him earn an average salary of $15,000,000 per annum. The contract came with $43,475,894 guaranteed at signing and a signing bonus of $300,000. A team option can be activated for the 2023-24 season, worth $16,524,106 for the final year of his contract.
He had previously signed his rookie scale contract with the Denver Nuggets worth $7,833,514 across four years. He was guaranteed $3,327,960 at signing but the Nuggets exercised the team option for the 2018-19 and 2019-20 seasons.
Endorsements
Malik Beasley had signed his first endorsement deal with Nike after being drafted into the NBA. His contract with Nike dates back to 2016, and he has sported the brand’s shoes ever since. Beasley has mostly featured in the LeBron series of shoes.
He has sported the Nike LeBron 15, 16, and 17 and has also featured in Nike Hyperdunk 2017 on the court. In recent years, Beasley has sported Converse All-Star BB and was also seen in Nike Zoom LeBron Soldier 10. His lucrative deal with Nike has also added to his net worth over time.
Malik Beasley’s spouse Montana Yao’s net worth
Malik Beasley’s wife, Montana Yao, is a professional model who has been featured for reputed brands, including Zara, in her career. Montana currently works for Newark Models and is a successful professional in her field. She has an estimated net worth of $2 million as of 2024. The couple has two children and are raising them together after their reconciliation.
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