Marcus Smart is a professional NBA player, playing for the Boston Celtics as a point guard. Smart, a 2014 NBA draft pick, created a name for himself in Boston with his tough defensive ability and never-say-die attitude.
Marcus Smart, the newly named Defensive Player of the Year, is gaining popularity among fans thanks to his mind-boggling back-court presence. Marcus’s extreme riches are backed by his astounding display on the court that earned him a large contract by the franchise, which pretty much answers the fans’ curiosity regarding his bank balance.
Time to break the silence and jump right away to the story of his asset accumulation journey so far.
Marcus Smart’s Asset Accumulation at a Glance
|Marcus Osmond Smart
|28 years (March 6, 1994)
|Condo in Brighton
|Net Worth 2022
|approximately $20 million
|Source of wealth
|Salary and Endorsements
|Condo, Car, Charity and others
What is Marcus Smart’s Net Worth in 2022?
Marcus Smart’s net worth is estimated to be $20 million as of 2022. The 90th highest-paid NBA player’s net worth will undoubtedly increase in the following years due to his increased income, sponsorship deals, and other enterprises. Besides, the Celtics’ star will go down in history as one of the best defensive players in the game.
Marcus Smart’s Source of Wealth:
Based on our insider sources, the majority of his net worth of $20 million came from his 4-year contract with the Boston Celtics. The minority of his income comes from endorsements and incentives.
- Marcus Smart’s NBA Salary
The shooting point guard signed a four-year, $77 million contract with the Boston Celtics in July 2018. He receives a hefty annual income of 13 million dollars. The increased salary will last through the 2023 season when he is anticipated to sign a new contract with the Celtics.
- Marcus Smart’s Endorsement Deals
On 14th July 2014, the 90th best-paid NBA player this year signed an endorsement deal with Adidas. This groundbreaking deal helped Marcus Smart receive global recognition awarding him a confidence boost in the process. He will be appearing in advertisements for Adidas along with Joel Embiid and other top six picks.
How Marcus Smart Spends His Millions?
The 47th highest-paid guard this year loves his family more than anything. He spends for his family more than he spends for himself. Moreover, Marcus Smart used his $14 million rookie salary to buy his mother a new home and fulfilled his promise.
Marcus posted pictures of the new home, he bought outside Dallas on his Instagram account. The caption of the post, “Promised my mom a house if I ever made it and thank god I was able to keep that promise to her #mommailove,” Smart posted.
- Marcus Smart’s Lavish Mansion
In September 2018, the 28-year-old purchased a three-bedroom condo for $1.7 million. The condo comes with all the essential amenities such as, a modern kitchen, a sun-drenched living room, and a coveted 600-square-foot rooftop. However, this flabbergasting residence failed to impress Marcus as he sold the condo in 2021.
- Marcus Smart’s Car
The newly crowned Defensive Player of the Year drives a neon blue Range Rover which he bought for $104,000.
- Marcus Smart’s Non-profitable Investments: The Charity Work
Marcus Smart’s YounGameChanger Foundation’s mission is to provide inner-city student-athletes with guidance, motivation, support, and empowerment so that they can be GameChangers on and off the court or field.
Moreover, it offers pediatric cancer patients and their families motivation and life-changing experiences. Additionally, to provide possibilities for young people through education, athletics, and mentorships, with a focus on STEAM (Science, Technology, Engineering, Art, and Math) activities.