Anthony Edwards, the 2020 NBA Draft’s first overall pick, has swiftly become one of the league’s most exciting young players. As of 2024, Anthony Edwards net worth is $40 million, reflecting his rapid ascent in professional basketball and smart financial decisions. This figure includes earnings from his four-year, $44 million NBA contract and endorsement deals with brands like Adidas and AT&T. Additionally, Edwards has built a diverse investment portfolio. This article explores the specifics of Edwards’ financial success, highlighting his impressive earnings and strategic management of his wealth.
Anthony Edwards: Early Life
Name | Anthony Edwards |
Net Worth | $40 million (2024) |
Age | 22 |
Residence | Atlanta, Georgia |
Position | Shooting guard |
Source of Wealth | professional basketball and endorsements |
Salary | $42,176,400 |
Endorsements | Adidas |
What is NBA player Anthony Edwards net worth?
NBA player Anthony Edwards has an estimated net worth of $40 million. This substantial figure is largely attributed to his lucrative four-year rookie contract with the Minnesota Timberwolves, as well as his endorsement deals with major brands like Adidas and AT&T. Edwards’ financial standing is further bolstered by his investments in real estate, stocks, and various business ventures. His growing net worth reflects both his rising prominence in the league and his strategic approach to managing his earnings and investments.
How much did Anthony Edwards get paid?
Season | Team | Salary |
2023/24 | Minnesota Timberwolves | $13,534,817 ($13,534,817*) |
2022/23 | Minnesota Timberwolves | $10,733,400 ($11,052,093*) |
2021/22 | Minnesota Timberwolves | $10,245,480 ($11,505,462*) |
2020/21 | Minnesota Timberwolves | $9,757,440 ($11,548,166*) |

Anthony Edwards: Sources of Income
NBA Salary: Anthony Edwards is currently under a four-year rookie contract with the Minnesota Timberwolves, valued at $44 million. His salary progression is as follows:
- 2020-2021 Season: $9.2 million
- 2021-2022 Season: $9.8 million
- 2022-2023 Season: $10.5 million
- 2023-2024 Season: $15 million (projected increase)
Anthony Edwards: Endorsements
Edwards has secured endorsement deals with Adidas and AT&T. While exact figures are not disclosed, industry estimates suggest:
- Adidas Endorsement: Approximately $1.5 million annually
- AT&T Endorsement: Approximately $1 million annually
Total Estimated Endorsement Income: $2.5 million annually
Anthony Edwards: Investments and Expenses
Investments: Edwards has a diversified investment portfolio that includes:
- Real Estate: $2 million in properties, including a luxury apartment in downtown Minneapolis
- Stocks and Bonds: Estimated at $1.5 million
- Business Ventures: Approximately $1 million in various startups and personal ventures
Total Estimated Investments: $4.5 million
Expenses: Typical expenses for Edwards include:
- Luxury Apartment: $1.2 million
- High-End Vehicles: $300,000
- Personal Trainers and Nutritionists: $150,000 annually
Total Estimated Expenses: $1.65 million annually
Is Anthony Edwards signed with Nike?
Shams Charania of The Athletic reports that Edwards is about to sign a contract that will provide him with an annual eight-figure salary. Additionally, his AE-1 shoe line with Adidas has gained significant popularity since its release in late April. This deal establishes him as a major representative for the renowned sports apparel brand.

Comparing Anthony Edwards’ Net Worth with Other NBA Players
Certainly! Here’s a comparison table of Anthony Edwards’ net worth with other NBA players:
Player | Estimated Net Worth (2024) | Key Income Sources |
Anthony Edwards | $14 million | NBA salary, endorsements (Adidas, AT&T), investments |
LeBron James | $1 billion | NBA salary, endorsements (Nike, Pepsi), business ventures |
Stephen Curry | $160 million | NBA salary, endorsements (Under Armour, Chase), investments |
Zion Williamson | $30 million | NBA salary, endorsements (Nike) |
Ja Morant | $20 million | NBA salary, endorsements (Nike, Powerade) |
Anthony Edwards Controversies
Since entering the NBA, Edwards has faced some controversies. In 2022, he was criticized and fined $40,000 by the NBA for using a homophobic slur in an Instagram video according to Celebrity Net Worth. The following year, he was accused by Instagram model Paige Jordae of impregnating her and allegedly offering her $100,000 to have an abortion.
Conclusion
In conclusion, Anthony Edwards’ estimated net worth of $40 million in 2024 reflects his rapid ascent in the NBA and smart financial strategies. As a young star with a promising career, Edwards benefits from a lucrative NBA contract, significant endorsement deals, and a diverse investment portfolio. His financial trajectory is expected to continue upward, driven by his on-court performance and expanding business ventures. Edwards’ journey highlights the potential for substantial earnings in professional sports and underscores the importance of strategic financial management for long-term success.