As of 2024, basketball player Terrence Shannon Jr. has an estimated net worth of $5 million. His net worth continues to grow rapidly due to his dedication and hard work in his profession. He has earned a significant portion of his impressive net worth through dividends as a guard for the Illinois Fighting Illini in the Big Ten Conference.
Shannon recently signed a $243,000 NIL deal with NextName, a Chicago-based company that makes digital collectibles. Founded in 2022 by Illinois alum Ryan Thayer, NextName offers customized tokens of specific performers to sports fans as a way to protect their favorite teams and players. See Keldon Johnson’s net worth.
Terrence Shannon Jr. Net Worth
Basketball player “Terrence Shannon Jr.” has a net worth of $5 million. According to various online sources (Wikipedia, Forbes, Bloomberg), the estimated net worth of the most famous basketball player Terrence Shannon Jr. is around $5 million.
| Name | Terrence Shannon Jr. |
| Net worth (2024) | 5 million dollars |
| Job | Basketball players |
| Monthly income | $20,000 + |
| Annual income | $0.3 million + |
| Numbers | 0 (Illinois Fighting Illini Men’s Basketball / Guard) |
| Latest updates | 2024 |
Illinois basketball star Terrence Shannon Jr. faces rape charges
Terrence Shannon Jr. is a famous American college basketball player with a net worth of approximately $5 million. Illinois basketball star Terrence Shannon Jr. has been suspended after being accused of rape during a football game in Kansas. His lawyer has pleaded not guilty, but the District Attorney has filed a lawsuit. The potential penalty: 12-54 years in prison.
Shannon, a college basketball player for the Illinois Fighting Illini, was born in Chicago. Despite his success in high school and experience playing football as a catcher, he did not receive any Division I basketball scholarships. He later transferred to IMG Academy and played for DePaul and Texas Tech.
Terrence had a stellar first-year performance, including a season-high 24 points against DePaul. During his sophomore year, he averaged 12.9 points, 4 rebounds, and 1.1 steals per game. Terrence declared for the NBA draft while still playing at Texas Tech on April 8, 2021.
In this article, we will talk about Terrence Shannon Jr. net worth, journey, girlfriend, rape case and much more.
Terrence Shannon Jr. Net Worth Growth
| Terrence Shannon Jr. Net Worth 2024 | $5.0 million |
| Terrence Shannon Jr. Net Worth 2023 | $4.7 million |
| Terrence Shannon Jr. Net Worth 2022 | $4.4 million |
| Terrence Shannon Jr. Net Worth 2021 | $4.1 million |
| Terrence Shannon Jr. Net Worth 2020 | $3.8 million |
| Terrence Shannon Jr. Net Worth 2019 | $3.6 million |
Terrence Shannon: House and Car
We regret to inform you that there is currently no data on the homes and cars of a famous American college basketball player. This is due to privacy and security concerns. We appreciate your curiosity and will provide updates as soon as more details become available.
Terrence Shannon Jr. Biography
Shannon was born on July 30, 2000, to Treanette Redding and Terrence Shannon Sr. In 2004, his father practiced with the Detroit Pistons. He attended Lincoln Park High School in Chicago and played basketball, averaging 15 points per game. He also played football.
After not receiving any Division I scholarships, he reclassified in the class of 2019 and continued his education at IMG Academy in Florida. He has received attention from college programs because of his success with the Mac Irvin Fire on the AAU circuit. He previously played for DePaul but transferred to Texas Tech. Same as Spencer Dinwiddie Net Worth.
| Real name | Terrence Edward Shannon Jr. |
| Nickname: | Terrence Shannon Jr. |
| Place of birth: | Chicago, Illinois, United States |
| Date of birth: | July 30, 2000 |
| Year old: | 23 years old |
| Height: | In Centimeters – 198 cmIn Feet and Inches – 6′ 6″ |
| Weight: | In Kilograms – 102 kgIn Pounds – 225 lbs. |
| Eye color: | Black |
| Hair color: | Black |
| Education: | University of Illinois Urbana-Champaign, Texas Tech University |
| Religion: | Christian |
| Nationality: | American |
| Zodiac sign: | Gemini |
| Sex: | male |
| Sexual orientation: | Straight |
| Children’s Name: | Do not have |
| Job: | Basketball players |
| Net asset value: | 5 million dollars |
Terrence Shannon Jr. Relationships and More
| Problems | Do not have |
| Girlfriend | Do not have |
| Best friend | Do not have |
| Couple | Do not have |
| Divorce | Do not have |
| Children | Do not have |
| Parents | Terrence Shannon |
| Siblings | Kaileiah |
Terrence Shannon Jr.’s career
Shannon had a successful high school career and attracted the attention of college programs. He ultimately decided to attend Texas Tech after considering offers from other institutions. Terrence had some standout performances in his first season and earned a spot on the Big 12 All-Freshman Team.
He won the Julius Erving Award and Big 12 honors in his sophomore year. After suffering eligibility issues, he declared for the NBA draft but returned to Texas Tech. After a layoff, he was allowed to return to the team after three contests. In his junior year, Shannon performed well before entering the transfer portal on March 25, 2022.
Terrence committed to Illinois on April 29, 2022. After his freshman year, he considered entering the NBA draft but decided to stay at Illinois for his sophomore season. On December 27, 2023, he was charged with rape and sexual assault. There was also an allegation of sexual assault involving a minor born in 2005. The team suspended him after he posted bail the next day. Must Read Patrick Beverley Net Worth.
Terrence Shannon Jr. Social Media Accounts
| Nearly 32K followers | Payment procedures | |
| Do not have | Payment procedures | |
| Do not have | Payment procedures | |
| YouTube | Do not have | Payment procedures |
Personal life
Terrence is currently single and not romantically involved. However, his name has been in the news because he was arrested on December 27, 2023, for alleged rape.
Conclusion
Terrence Shannon Jr., a highly skilled college basketball player, has amassed a staggering net worth of $500,000. His journey to success began in high school, where his unique skills and dedication helped him stand out. Earning a scholarship to a top college program, Shannon has consistently demonstrated his versatility on the court, winning numerous awards.
Frequently Asked Questions
What is Terrence Shannon Jr.’s net worth?
Terrence Shannon Jr.’s total net worth is around $5 million.
How old is Terrence Shannon Jr.?
Terrence Shannon Jr. is currently 23 years old (July 30, 2000).
How much money does Terrence Shannon Jr. make per year?
Terrence Shannon Jr. has an estimated salary of $0.2 million per year.
How tall is Terrence Shannon Jr.?
Terrence Shannon Jr.’s height is 1.98m. (6′ 6”).
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