Michael Beasley Net Worth: Michael Beasley is an American professional basketball player who has a net worth of over $10 million. He has played for Miami Heat, Houston Rockets, Minnesota Timberwolves and other NBA clubs.
He received an $18 million contract with the Phoenix Suns in 2012. Beasley also generates revenue through sponsorships, media engagements, and endorsements. He also participated in international competitions and championships, including the Chinese Basketball Association.
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Michael Beasley Net Worth (2024)
| Net value: | 10 million USD |
| Job: | Professional basketball player |
| Year old: | 35 years old |
| Nation: | USA |
| Born: | January 9, 1989 |
| Wage: | 3.5 million USD |
| Latest updates: | 2024 |
Michael Beasley’s net worth growth
| Net worth in 2024 | 10 million USD |
| Net worth in 2023 | 9 million USD |
| Net worth in 2022 | 8 million USD |
| Net worth in 2021 | 7 million USD |
| Net worth 2020 | 6 million USD |
Early life
On January 9, 1989, Michael Paul Beasley Jr. was born in Cheverly, Maryland to parents Fatima Smith and Michael Beasley Sr. Michael has four siblings, Leroy Ellison, Malik Smith, Mychaela Beasley and Tiffany Couch.
He moved with his family to Fredrick in 2005 and stayed there for only a year, but his mother died of cancer in 2018. He attended various schools, including Bowie High School in Bowie, Maryland and National Christian Institute in Fort Washington, Maryland, to mention a few.
Career
Since childhood, Michael has had a deep love for basketball. He started playing basketball in high school and has never looked back. He won multiple national championships while playing for the PG Jaguars.
He was a member of the United States men’s under-18 national team in 2006, and he was also named to the second team Parade All-American. He was included among the top high school basketball prospects in 2007.
He began his college career with Kansas State in 2007 and was widely considered one of the most formidable players in the country. He ranks second in NCAA history among freshmen with 866 points.
In the 2008 NBA Draft, the Miami Heat selected him as a draft pick. In the battle with the Memphis Grizzlies in the 2009-10 season, he set a career scoring record of 30 points. The Minnesota Timberwolves acquired him in a trade in 2010.
He scored 11.5 points per game during the same season. He joined the Phoenix Suns in 2012 on a 3-year contract. Beasley was detained for marijuana possession the following year, and he was released.
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In 2013, he rejoined the Miami Heat and helped them reach the NBA finals. And now a free man in 2016, he joined the Shandong Golden Stars. In the first game of the season, he scored 48 points.
He went on to play for the Houston Rockets, Milwaukee Bucks, Los Angeles Lakers and Guangdong Southern Tigers among other teams. The Los Angeles Lakers recruited Beasley in 2018.
He was sidelined for most of the first half of the season because his mother was ill. The Guangdong Southern Tigers agreed to a contract with Beasley in 2019. However, when he tested positive for COVID-19 in 2020, his deal was canceled.
For the 2021 NBA Summer League, Beasley joined the Portland Trail Blazers. He joined the Cangrejeros de Santurce team of Baloncesto Superior Nacional. Tracking his career, Michael Beasley’s net worth is estimated to be around $10 million.
Legal issue
Beasley had an incident with rookies Mario Chalmers and Darrell Arthur at the NBA’s Rookie Transition Program in 2008. Upon receiving a smoke alarm at 2 a.m., Police went to Chalmers and Arthur’s hotel room, giving that the room had a strong odor of burned marijuana.
However, no marijuana was discovered and no charges were filed. After admitting to game officials that he slipped out the back door when police arrived, Beasley was fined $50,000 by the NBA later that year for his role in the event.
Beasley reportedly entered a Houston rehabilitation facility in 2009. It is unclear whether the rehabilitation was for drugs or for stress-related concerns. Beasley was arrested by police for speeding in the Minnetonka area of Minneapolis in 2011.
A plastic bag under the front seat of the car was discovered by the authorities. As a result, Beasley was fined and summoned. Beasley was detained in Scottsdale, Arizona in 2013 on charges of marijuana possession.
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After there was insufficient evidence in the sexual assault case alleging Beasley from 2013, the case was withdrawn in 2014. For violating the NBA’s anti-drug policy, he was suspended for five games in year 2019.
About
| Net value | 10 million USD |
| Name | Michael Beasley |
| Year old | 35 years old |
| Height | (2.06m) |
| Weight | 107kg (approx.) |
| Job | Professional basketball player |
| Date of birth | January 9, 1989 |
| Place of birth | USA |
| Nationality | American |
| Income | 2-3 million USD (Annual) |
| Couple | Deena Beasley |
“If you only use 10% of your brain, you don’t even know that you’re using 10% of your brain.”
– Michael Beasley
Michael Beasley’s social media profile
Personal life
Beasley is not married yet, but he and his girlfriend, Kaleila Pufolkes, are still together. Mikaiya and Michael III, their two adorable children, were born as a couple. He currently lives in California with his family.
Titles and achievements
During his long and successful career, Michael Beasley has won many honors. He is one of only two players in Kansas State history named to the Associated Press All-American first team.
He is the sixth player in school history to be named to one of the organization’s three All-American teams. He was also voted to the McDonald’s All-America team and received the All-America MVP Award in his final year.
In 2008, Beasley was named to the All-America team to receive the John R. Wooden Award. He was simultaneously named Big Ten Player of the Year and Freshman of the Year. Beasley was the league’s first Freshman of the Year and the twelfth Rookie of the Year since 1970.
Summary
As of 2024, Michael Beasley’s net worth is estimated to be around $10 million. He earns maximum income in his professional basketball career in the form of salary and brand endorsements. He signed a contract worth $18 million with the Phoenix Suns for 3 years in 2012.
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Category: Net Worth