Ja Morant is an American professional basketball player in the NBA who plays for Memphis Grizzlies basketball team. Morant, who has a strong scoring tendency and impressive passing skills is known as one of the most promising players in the NBA for now.
His career started at Murray State University where he studied, played college basketball for the college team, was accorded All-American, set records such as being the first student to score 40 points as well as registering 10 assists in a Division I basketball game for more than twenty years.
Morant was selected into NBA directly in the second round of the 2019 NBA draft to joining the Grizzlies. The following year he quickly grew to prominence and received honors and recognition that all budding sportsmen desire and exciting performances on court.
But his successful tenure has also been plagued by such incidents including a recent 25-game banishment for conduct unsuitable for the NBA, a decision that was very costly to him.
Ja Morant Net Worth and Salary
Ja Morant net worth as of 2024 is estimated to be $50 Million. Most of his income is acquired from his huge NBA contracts, sponsorships, and other related businesses. Morant earns around $38 million every year from the Grizzlies which shows how much he is worth to the team as a franchise athlete.
Morant has inked a four-year $39 million contract at the start of 2021. $27 million contract extension to be paid up to a maximum of $231 million depending on performance clauses inked with the Grizzlies. The three-year contract he signed back last year of 2022 for $197.2 million scattered over five years, is $38.95.
Endorsements and Business Ventures
Ja Morant obtained contracts with Nike and the Powerade, Hulu, Nike Beats by Dre Earphones and with the Panini America company also.
Nike has a separate deal with him for a sum of around $12 million a year with his line of footwear known as ‘Ja 1s’. Powerade also signed Morant with a multi-year deal worth 10 million dollars annually making Morant its face.
Even with these promising contracts, Morant’s misconduct continues to cause controversy. Some endorsements are in jeopardy due to controversies such as the act of brandishing a gun on the social media.
Nike halted his advertisement campaigns after his suspension due to concerns about his conduct while Powerade recently joined in the train stopping endorsing Lynch.
Such suspensions and continuous investigation have tainted Morant’s endorsement potentiality but he is still projected to earn between $20 million to $45 million annually from endorsements in the 2023-2024.
The College Career at Murray State
Morant has been extraordinary in his college basketball stint with Murray State University and has been instrumental in delivering him to the NBA.
In his sophomore year (2018-2019), he scored the national eighth and averagely scored a 24-point shoot, 5 points per game, and accumulated 3 triple-doubles of which 1 was in the NCAA Tournament.
Morant also achieved 20 double-doubles and set a record of a 40-point 10-assist game in Division I for the first time ever.
Morant finally finished this season with 331 assists which ranked sixth on the NCAA single-season record list along with a ridiculous number of double-doubles and other statistics. Morant has established himself as one of the highest NBA prospects.
Controversies and Challenges
Nevertheless, Morant has had his fair share of off-court issues notwithstanding his success. He has been suspended severally and has received eight games ban when he pointed a firearm at a stripper and a 25 games suspension when he pointed a gun at another individual in 2023.
Other allegations are, Assault of a teenager during basketball match and threatening to kill a security guard. These controversies have deterred him from earning through sponsorships since they have negatively influenced his public image but Morant has vowed to change his behavior.
Conclusion
Ja Morant’s career looks as a promising young player with his moments of genius and his struggles. He has had his success in the financial aspect of his life.
He has a net worth of $50 million and earns his better part through NBA contracts and the endorsement. Despite these adversities off the field, the future of Morant in the NBA and with his assets still look bright as he grows more with his basketball skills.
Also read: Ryan Garcia Net Worth 2024