Ja Morant Net Worth 2023: What Is The NBA Star Worth?

Explore Ja Morant's journey in the NBA, his rise to stardom, endorsement deals, and how they contribute to his impressive net worth.

BYJake Skudder
ja morant net worth

Ja Morant, the dynamic point guard for the Memphis Grizzlies, has made significant waves in the NBA since his debut. As of 2023, his net worth is estimated to be around $50 million, according to Celebrity Net Worth. But how did he amass such wealth in such a short span of time? Let's delve into the journey of this NBA star.

Born as Temetrius Jamel Morant on August 10, 1999, in Dalzell, South Carolina, Ja's basketball journey began in his backyard, practicing with his father. His talent was evident early on, and by the end of his high school career, he was Crestwood High School's all-time leading scorer. His college career at Murray State University further solidified his reputation as a top-tier player, leading the NCAA in assists and earning the title of Ohio Valley Conference Player of the Year for the 2018-19 season.

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NBA Journey And Contracts

NEW YORK, NEW YORK - JUNE 20: Ja Morant poses with NBA Commissioner Adam Silver after being drafted with the second overall pick by the Memphis Grizzlies during the 2019 NBA Draft at the Barclays Center on June 20, 2019 in the Brooklyn borough of New York City. (Photo by Sarah Stier/Getty Images)

Drafted as the second overall pick by the Memphis Grizzlies, Morant's NBA journey began with a two-year $17.8 million contract. His outstanding performance on the court led to a four-year $39.6 million extension. By September 2022, he signed a whopping five-year $193 million maximum rookie contract extension with the Grizzlies. This deal, based on various bonuses and milestones, could escalate to $231 million, bringing his average annual salary to an impressive $38.6 million.

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Endorsement Deals

INDIANAPOLIS, INDIANA - JANUARY 14: Ja Morant #12 of the Memphis Grizzlies dunks the ball in the third quarter against the Indiana Pacers at Gainbridge Fieldhouse on January 14, 2023 in Indianapolis, Indiana. (Photo by Dylan Buell/Getty Images)

Beyond his earnings from the NBA, Morant has secured lucrative endorsement deals that have significantly contributed to his net worth. He signed a multi-year contract with Nike in 2019, which pays him $12 million annually. This partnership even led to the release of the "Hunger Ja 1" signature shoe in April 2023. Additionally, Powerade recognized Morant's rising star power and signed him for a multi-year deal, paying him $10 million annually. This deal was announced in March 2023, with Powerade committing a substantial amount for commercials, radio, and billboards featuring Morant.

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ORLANDO, FLORIDA - OCTOBER 11: Ja Morant #12 of the Memphis Grizzlies reacts to a play during a preseason game against the Orlando Magic at Amway Center on October 11, 2022 in Orlando, Florida. (Photo by Mike Ehrmann/Getty Images)

However, every journey has its bumps. Shortly after the Powerade deal was announced, a video surfaced showing Morant brandishing a gun. This led Powerade to pause all their ad campaigns featuring him. Nike also faced challenges with Morant, removing his shoes from their website and app after a second controversial video surfaced in May 2023.

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Personal Life And Achievements

Basketball: Memphis Grizzlies Ja Morant (12) victorious, holding up his daughter Kaari after winning game vs Minnesota Timberwolves at FedEx Forum. Memphis, TN 1/13/2022 CREDIT: Greg Nelson (Photo by Greg Nelson/Sports Illustrated via Getty Images) (Set Number: X163907 TK1)

On a personal front, Morant became a father in 2019, welcoming his daughter, Kaari. He also released a documentary titled Promiseland, chronicling his rookie NBA season. Despite controversies, his achievements on the court are undeniable. He led all rookies in assists during his first NBA season and finished with NBA Rookie of the Year honors. His second season saw him scoring a career-high 44 points in a game and breaking the record for most single-game points by a Grizzlies player with 52 points.

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Ja Morant's journey, filled with highs and lows, showcases the life of a modern NBA star. His talent on the court, combined with his endorsement deals, has led to an impressive net worth of $50 million in 2023. As he continues to play and grow, both as a player and an individual, the basketball world eagerly watches what the future holds for this NBA sensation.

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About The Author
Jake is the SEO Content Lead for HotNewHipHop. He has more than ten years of experience covering mixed martial arts, pro wrestling, gaming and music across a number of publications, starting at SEScoops in 2012 under the name Jake Jeremy. His work has also been featured on GiveMeSport, Sportskeeda, Pro Sports Extra, Wrestling Headlines, NoobFeed, Wrestlingnewsco and Keen Gamer, again under the name Jake Jeremy. Previously, he worked as the Editor in Chief of 24Wrestling, building the site’s profile with a view to selling the domain, which was accomplished in 2019. As well as his work for HNHH, Jake is also the Editor in Chief for Fight Fans, a combat sports and pro wrestling site that was launched in January 2021 and broke into the millions of pageviews within the first two years. Jake also previously worked for the biggest independent wrestling company in the UK, PROGRESS Wrestling, as PR Head and Head of Media across the company's social channels. Jake's favourite Hip Hop artists are Kendrick Lamar, Public Enemy, The Beastie Boys and Body Count.