Manu Ginobili’s net worth is estimated at $50 million. He is an Argentine former professional basketball player with over 23-years professional experience.
Manu Ginobili’s net worth has become the subject of talk lately. Especially when news of his retirement hit the airwaves. After trotting the courts for over 23 years, Manu Ginóbili bowed out of professional basketball as one of only two players to have won a EuroLeague title, an NBA championship, and an Olympic gold medal.
Asides being a four-time NBA champion, the Argentine player was also a member of the San Antonio Spurs throughout his NBA career; and was known as one of the “Big three”. An identity he held alongside his Spurs teammates Tim Duncan and Tony Parker. Having stretched his career this far, it is with little wonder we reel out details about how much the Argentine star currently has to his name.
|Net Worth (2023)||$50 Million|
|Profession||Former Argentine professional basketball player|
|Monthly Income And Salary||$3,00,000 +|
|Yearly Income And Salary||$4 Million +|
Manu Ginobili’s Net Worth Before Retirement
According to sources, Manu Ginóbili’s net worth while playing for the Spurs was in excess of $20 million. This is pretty understandable as the NBA star reportedly earned an annual average income of $2.5 million yearly. What’s not clear, however, are the exact figures he accrued from his endorsement deals and other streams of investment.
Manu Ginobili’s Net Worth Since He Retired From NBA?
As of this writing, Manu Ginóbili’s net worth stands at $50 million; more than double his previous estimate of $20 million before retirement. Much of Manu Ginóbili’s net worth comes from his NBA career, coupled with endorsement deals, brand ambassadorships and other trains of businesses and investments he has to his name.
Since he retired from the NBA, the former athlete has continued to earn a yearly income of $14 million on average. Over $4 million higher than his earlier earnings. The father of three hasn’t revealed what his next move would be.
Manu Ginobili’s Income Sources
- His basketball career
- Endorsement deals,
- Brand ambassadorships
Manu Ginobili’s Rise to Stardom
To get a feel of Ginóbili’s career success, let’s take you a step backward to see where and how he started out. In 1995, then eighteen, Ginóbili made his professional debut playing for the Andino Sport Club in the Argentine basketball league. After the 1995–96 Argentine basketball league season, Ginóbili was drafted by the Club Estudiantes de Bahía Blanca.
In 1998, the young player took the first international steps in his career after he moved to Europe to play for the Italian club Viola Reggio Calabria. By the following year, he had entered the NBA draft and was selected to play for the San Antonio Spurs.
For some unknown reasons, Ginóbili didn’t sign with the Spurs immediately, instead, he went to play for the Italy-based club Virtus Segafredo Bologna. In 2001, he helped the Italian club win the Italian Basketball Cup (Coppa Italia), Italian League Championship, and EuroLeague.
Manu Ginobili’s Contracts and Salaries at The San Antonio Spurs
At the 2002-2003 NBA season, Ginóbili thought it was time to join the San Antonio Spurs where he signed no less than seven contracts until retirement. First, he signed a two-year deal for $1.3 million in 2002-03.
Ginóbili struggled for the earlier part of the season due to an injury he’d sustained. But he soon returned to shape and by the end of the first season, he had earned the All-Rookie Second Team and also won the Western Conference Rookie of the Month award. He later signed another $1.4 million deal for the 2003-04 season.
In the ensuing years, Ginóbili would prove instrumental at the Spurs, helping the team win its second championship during the 2003 NBA Playoffs. He went on to become Argentina’s sportsperson of the year for 2003 and even got to meet Néstor Kirchner; the then Argentine president. For the 2004-05 season, Ginóbili played for the San Antonio Spurs; appearing in every single game throughout that season.
During the 2004 offseason, Manu Ginobili was awarded a six-year, $52 million contract by the Antonio Spurs. It was the biggest contract of his career yet. And one of the rarest as deals of this length no longer exists in the NBA Collective Bargaining Agreement.
Ginobili’s incredible performance helped qualify the team for the 2005 playoffs. With an average of 20.8 points and 5.8 rebounds per game, Ginóbili helped the Spurs clinch its third championship. Sadly, the following season wasn’t so rosy for the Argentine athlete.
His effectiveness was tainted by multiple injuries which kept him from the court for most of the season. Although Ginóbili later recovered, he couldn’t help his team secure another championship as the Spurs suffered a crushing defeat at the hands of Dallas Mavericks at the Conference Semi-finals.
Fast forward to July 2015, Ginóbili signed a renewed contract with the Spurs; for $38.9 million this time. This was much higher than the $14.5 million contract he signed with the club for the 2013-14 season. For the 2013-14 and 2014-15 seasons, he was paid salaries of between $7 million and $7.5 million annually.
During the 2016-17 season, Ginobili played his 900th NBA game for the club; leading his team to victory against Cleveland Cavaliers. At this time, he was on a one-year, $2.8 million contract.
The lowest since his rookie year. What followed was another two-year, $5 million deal in the 2017 offseason. By the time he announced his retirement in August 2018, Ginóbili, now 40, had become the first player in NBA to score 20 points or more in multiple games while playing as the sixth man.
Treading the path of his heroes, Ginóbili also became the first player since Michael Jordan to score 15 points or more in consecutive games at age 40. In total, he spent 16 seasons and won four championships.
Manu Ginóbili’s NBA Career Salary
|2002-03||San Antonio Spurs||NBA||$1,325,000|
|2003-04||San Antonio Spurs||NBA||$1,457,500|
|2004-05||San Antonio Spurs||NBA||$6,603,500|
|2005-06||San Antonio Spurs||NBA||$7,428,937|
|2006-07||San Antonio Spurs||NBA||$8,254,375|
|2007-08||San Antonio Spurs||NBA||$9,079,811|
|2008-09||San Antonio Spurs||NBA||$9,905,248|
|2009-10||San Antonio Spurs||NBA||$10,728,130|
|2010-11||San Antonio Spurs||NBA||$11,854,584|
|2011-12||San Antonio Spurs||NBA||$12,981,038|
|2012-13||San Antonio Spurs||NBA||$14,107,492|
|2013-14||San Antonio Spurs||NBA||$7,500,000|
|2014-15||San Antonio Spurs||NBA||$7,000,000|
|2015-16||San Antonio Spurs||NBA||$2,814,000|
|2016-17||San Antonio Spurs||NBA||$14,000,000|
|2017-18||San Antonio Spurs||NBA||$2,500,000|
|2018-19||San Antonio Spurs||NBA||$2,500,000|
|Career||(may be incomplete)||$130,039,615|