NBA star Trae Young has an estimated net worth of $50 million. In November 2024, he landed a multi-year sneaker deal with Jordan.
The 28-year-old Trae Young signed a five-year $215.16 million rookie maximum contract extension with the Atlanta Hawks in August 2021.
This deal includes $215,159,700 guaranteed at signing, with an average annual salary of $43,031,940.
Before his extension, Trae was on a four-year, $26.53 million rookie contract, which included a $11.63 million guarantee.
In the 2022-2023 season, Trae Young earned $37,096,500, while his salary increased to $40,064,220 for the 2023-2024 season.
Trae Young Boasts a $20 Million Worth Calabasas Mansion and a Multi-Million Dollar Car Collection!
Trae Young owns a luxurious mansion in Calabasas, California, which he purchased for $20 million in December 2022.
The mansion spans over 14,000 square feet and includes seven bedrooms, 11 bathrooms, a wine cellar, a movie theater, a games room, and a basketball court.
The property also features a saltwater swimming pool and stunning views of the Santa Monica Mountains.
Not to mention, Trae has a curated collection of cars worth millions of dollars.
In July 2024, he revealed a custom icy blue Tesla Cybertruck, one of the most sought-after cars on the market, to match his nickname, “Ice Trae.”
He proudly flexed the car on social media, referring to it as the “Snowmobile.”
His Tesla Cybertruck is estimated to cost around $99,990, given the fact it is the premium Cyberbeast (Triple-Motor) version and is customized.
He has a Lamborghini Aventador SVJ, which is priced at about $517,460.
Likewise, Trae has a Dodge Challenger priced at around $470,000 and a McLaren 720 S priced at approximately $301,550.
A considerably low-priced car in his collection is the Audi R8 V10, worth around $159,900.
Atlanta Hawks Point Guard Trae Young Landed a Multi-Year Deal With Jordan!
Recently, Trae landed a multi-year sneaker deal with Jordan Brand in November 2024, becoming the latest high-profile athlete to join the brand’s roster, alongside Jayson Tatum and Zion Williamson. He expressed his gratitude, saying:
To have the opportunity to join a brand that has a history of greatness is surreal. To me, it’s about setting the bar for the people that come after you. I’m grateful MJ did that for people like myself, and my goal is to try and continue that legacy for the young kids, including my brother, that are coming up after me.
Not to mention, this isn’t his first multi-year brand deal. Trae signed a multi-year deal with Adidas in 2018, which included his signature shoe line.
Since entering the NBA in 2018, he has been signed by Adidas and received a contract extension from the brand in 2020.
Trae’s Adidas signature line produced three basketball models. It was also reported that a fourth Adidas model would debut this holiday season, which was supposed to be his final shoe with the brand, but it never dropped.
Similarly, he teamed up with Sprite in June 2024 for a significant marketing collaboration. In March 2022, he signed a deal to become the newest face of Sprite’s marketing campaigns.
In addition to his NBA career, he has a deep passion for pickleball. Likewise, he collaborated with Paddletek for pickleball to promote the sport and engage his community.
In September 2024, the Trae Young Family Foundation (TYFF) organized the inaugural Bounce Up ATL Pickleball Tournament, sponsored by Paddletek and other partners.
Trae’s involvement with Paddletek and the tournament highlights speak volumes about his commitment to supporting and growing the sport.
Trae is also a member of Team BODYARMOR and became an endorser for the sports drink brand in the summer of 2020.
He has been featured in several BODYARMOR ad campaigns, including one where he appears alongside his younger brother, Timothy.
The basketball shooting guard has expressed his admiration for the brand, given its connection to Kobe Bryant, who invested in BODYARMOR before his passing.
Given his sophisticated lifestyle, property, and cars, it would be fair to say that the basketball player has a sound financial standing.
In Case You Didn’t Know
- Trae Young’s father, Rayford Young, played basketball at Texas Tech.
- The NBA star has three siblings: two younger sisters, Caitlyn and Camryn Young, and a younger brother, Timothy Young.
- Trae Young married Shelby Miller in the Bahamas on July 22, 2023. The couple has a son born on June 2, 2022.
