Jared Jeffries Net Worth: How Much Did He Earn From His NBA Career?

Publish date: 2024-03-31

Jared Jeffries is a former professional basketball player who played in the NBA for 11 seasons. He was drafted by the Washington Wizards in 2002 and also played for the New York Knicks, Houston Rockets, and Portland Trail Blazers before retiring in 2013. Jeffries was known for his versatility, defense, and leadership on the court. But how much did he earn from his basketball career? And what is his net worth today? In this article, we will explore Jared Jeffries’ net worth, including his NBA contracts, teams, and post-retirement life.

Jared Jeffries’ NBA Contracts and Teams

Jared Jeffries entered the NBA as the 11th overall pick of the 2002 NBA draft by the Washington Wizards. He signed a three-year rookie contract worth $5.6 million with the team. He played for the Wizards for four seasons, averaging 6.1 points and 4.8 rebounds per game. He also made two playoff appearances with the Wizards in 2005 and 2006.

In 2006, Jeffries became a free agent and signed a five-year deal worth $30 million with the New York Knicks. He played for the Knicks for five seasons, averaging 4.3 points and 3.9 rebounds per game. He also had a brief stint with the Houston Rockets in 2010, where he earned $10 million for one season.

In 2011, Jeffries returned to the Knicks and played for two more seasons, earning $3 million per year. He was traded to the Portland Trail Blazers in 2012 and played his final season with them, earning $1.5 million.

According to Basketball-Reference, Jeffries earned a total of $40.2 million from his NBA contracts over his 11-year career. His average annual salary was $3.6 million, and his highest-paid season was 2006-07, when he earned $10 million from the Knicks.

Jared Jeffries’ Post-Retirement Life

After retiring from basketball in 2013, Jeffries pursued a career in sports management and media. He worked as a pro personnel scout for the Denver Nuggets from 2013 to 2017, where he helped evaluate players and draft prospects.

In 2017, he joined esports company Echo Fox as the president of basketball operations. He oversaw the development and growth of the company’s NBA 2K League team and other esports ventures.

In 2019, he left Echo Fox and became a co-host of The No Chill Podcast with Gilbert Arenas, his former teammate on the Wizards. He also appeared as a guest analyst on ESPN’s The Jump and other sports shows.

In addition to his media and esports roles, Jeffries is also involved in various business ventures and philanthropic activities. He is a partner at Players Lounge, an online platform that allows gamers to compete for cash prizes. He is also a board member of The Jared Jeffries Foundation, a non-profit organization that supports youth education and sports programs.

Jared Jeffries’ Net Worth in 2023

According to various sources Jared Jeffries’ net worth is estimated to be around $5 million to $7 million as of 2023. This figure is based on his earnings from his NBA career, his post-retirement endeavors, and his investments.

Jeffries has maintained a modest lifestyle despite his wealth and fame. He lives in Los Angeles with his wife Jennifer and their two children. He enjoys fishing, hunting, golfing, and playing video games in his spare time.

Jared Jeffries is a successful former basketball player who has transitioned well into his post-retirement life. He has diversified his income sources and pursued his passions in sports management, media, esports, and philanthropy. He has also accumulated a respectable net worth that reflects his hard work and dedication on and off the court.

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