Michael Beasley Net Worth 2022

Introduction

Michael Beasley is a former American basketball player who played for various teams in the NBA. He had a successful career in the league, but unfortunately, he faced several controversies that affected his career. In this article, we will discuss Michael Beasley’s net worth in 2022.

Early Life and Career

Michael Paul Beasley Jr. was born on January 9, 1989, in Frederick, Maryland. He attended six different high schools before committing to Kansas State University to play college basketball. In his freshman year, he was named Big 12 Conference Freshman of the Year and was a consensus first-team All-American in his sophomore year. He declared for the NBA draft after his sophomore year and was drafted second overall by the Miami Heat in 2008.

NBA Career

Beasley played for various teams in the NBA, including the Miami Heat, Minnesota Timberwolves, Phoenix Suns, Houston Rockets, Milwaukee Bucks, New York Knicks, and Los Angeles Lakers. He had a successful career, averaging 12.4 points and 4.7 rebounds per game. However, he faced several controversies throughout his career, including drug-related issues and legal problems.

Net Worth in 2022

As of 2022, Michael Beasley’s net worth is estimated to be around $10 million. He earned a significant amount of money during his NBA career, including his contracts, endorsements, and other sources of income. However, his net worth may have been affected by his legal problems and drug-related issues.

Endorsements and Investments

Aside from his NBA career, Michael Beasley also had several endorsement deals with various brands, including Adidas, EA Sports, and Skullcandy. He also invested in several business ventures, including a marijuana dispensary in Los Angeles.

Personal Life

Michael Beasley is married to Montia Sabbag, and they have three children together. He is also known for his philanthropic work, including his involvement in the Boys & Girls Clubs of America and the Make-A-Wish Foundation.

Controversies

Throughout his career, Michael Beasley faced several controversies that affected his reputation and career. In 2009, he was fined $50,000 by the NBA for his involvement in a marijuana-related incident. He was also arrested twice in 2011 for marijuana possession and driving with a suspended license. In 2019, he was suspended for five games by the NBA for violating its anti-drug policy.

Retirement

Michael Beasley announced his retirement from professional basketball in 2021. He played his last game for the Portland Trail Blazers in the 2020-2021 NBA season.

Conclusion

Michael Beasley had a successful NBA career, but unfortunately, his legal problems and drug-related issues affected his reputation and career. As of 2022, his net worth is estimated to be around $10 million, and he continues to be involved in various business ventures and philanthropic work.