Chris Paul’s net worth in 2020
Chris Paul will go down in history as one of the greatest point guards of all time. What he has done throughout his illustrious career in the NBA has propelled him to legendary status, and he should be a shoo-in to the Hall of Fame once he becomes eligible.
As of this writing, Paul has been in the league for 15 seasons, and throughout that span, he has pocketed quite a significant amount of money.
With that said, we take a look at Chris Paul’s net worth as of 2020.
Projected Net Worth: $120 million
Per Celebrity Net Worth, Paul is currently projected to have a $120 million net worth. Let’s break it down.
The majority of Paul’s fortune comes from his NBA salary. The 6-foot-1 guard was selected fourth overall in 2005 by the New Orleans Hornets as one of the top prospects of that class. However, it was not until his fifth season in the league that Paul started raking in the big bucks.
In the summer of 2008, following his third season with the Hornets, the former Wake Forest standout signed the first big deal of his career. This came out to the tune of a $63.6 million, four-year rookie extension with New Orleans that would take effect beginning in 2009-10.
Towards the latter end of this deal, Paul was traded to the Los Angeles Clippers in a blockbuster deal that would serve as the inception of LA’s “Lob City” era. This was in 2011, and a couple of years later, Paul signed a max extension with the Clippers amounting to $107.3 million over five years.
In 2017, following a number of ultimately unsuccessful years with the Clippers, Paul was traded to the Houston Rockets to pair up with James Harden. The following year, at the age of 33, the Rockets signed Paul to another max deal. This time around, it was worth a whopping $159.7 million over four years. The Rockets front office received a fair amount of criticism for signing a 33-year-old Paul to such a huge deal, especially in hindsight when the veteran started showing some signs of slowing down.
In the summer of 2019, the Rockets pulled the plug on the Harden-Paul combination and shipped off the latter to the Oklahoma City Thunder in exchange for Russell Westbrook. After the 2019-20 season, Paul still has two more years on his current deal, which will see him earn a total of around $85.5 million for two seasons.
All in all, Paul will be looking to pocket a grand total of close to $350 million in NBA salaries by the time his current deal ends in 2022. It is worth noting, however, that he will only be 36 by then, so he might still be in store for a couple of substantial one-year deals before he calls it a career.
Aside from his basketball earnings, Paul also has a number of endorsement deals on the side. This includes contracts with Nike, Beyond Meat, Panini, Spalding, and of course, State Farm Mutual Auto Insurance. Forbes projects that Paul earns roughly $6 million per year in endorsements alone.