Anthony Edwards Net Worth 2024: Inside Anthony Edwards’ Massive $260M Contract, Skyrocketing NBA Success and Net Worth

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Breaking Down Anthony Edwards’ Jaw-Dropping $260M NBA Deal and Career Highlights!

Anthony Edwards Net Worth 2024, Salary and Earnings: Anthony Edwards is a rising NBA star for the Minnesota Timberwolves with an estimated net worth of $40 million in 2024, bolstered by his $260 million contract extension and a current annual salary of $13.5 million.

Key Takeaways

  • Anthony Edwards’ net worth is estimated at $40 million as of 2024.
  • He signed a 5-year, $260 million contract extension with the Timberwolves in 2023.
  • Edwards was the #1 overall pick in the 2020 NBA Draft.
  • He has made two All-Star appearances (2023, 2024) and was named to the All-NBA Second Team in 2024.

Anthony Edwards: Rising NBA Star’s Net Worth and Career Trajectory

Anthony Edwards has quickly become one of the NBA’s most exciting young talents since being drafted first overall by the Minnesota Timberwolves in 2020. This article examines Edwards’ net worth, career achievements, and personal background.

Net Worth and Earnings

As of 2024, Anthony Edwards’ net worth is estimated at $40 million. This figure has grown substantially due to his on-court success and lucrative contract extensions. In 2023, Edwards signed a five-year, $260 million contract extension with the Timberwolves, significantly boosting his earnings potential.

Edwards’ initial rookie contract, signed in 2020, was a four-year deal worth $44.27 million. His salary for the 2023-24 season is $13,534,817, but this will jump to $42,176,400 for the 2024-25 season as his extension kicks in.

NBA Career Highlights

Since entering the league, Edwards has consistently improved his game and production:

  • Rookie Season (2020-21): Averaged 19.3 points per game, named to NBA All-Rookie First Team.
  • 2021-22: Increased scoring average to 21.3 points, led Timberwolves to playoffs
  • 2022-23: First All-Star selection, averaged 24.6 points per game
  • 2023-24: Second All-Star appearance, named to All-NBA Second Team.

Edwards has shown the ability to take over games, with multiple 40+ point performances in his young career. His explosive athleticism and improving all-around game have made him a cornerstone of the Timberwolves’ future plans.

Early Life and Background

Born on August 5, 2001, in Atlanta, Georgia, Anthony Edwards faced significant personal challenges early in life. He lost both his mother and grandmother to cancer within an eight-month span in 2015 when he was in eighth grade. Following their deaths, Edwards was raised by his sister Antoinette and brother Antoine.

Initially, Edwards excelled in football, playing multiple positions including running back and quarterback. However, he transitioned to basketball in his early teens, quickly developing into an elite prospect.

High School and College Career

Edwards attended Therrell High School before transferring to Holy Spirit Preparatory School in Atlanta. He emerged as a five-star recruit and the top-ranked player in the 2019 class according to some recruiting services.

For college, Edwards chose to stay close to home, committing to the University of Georgia. In his lone collegiate season (2019-20), he averaged 19.1 points and 5.2 rebounds per game, earning SEC Freshman of the Year honors.

Professional Career and Achievements

2020 NBA Draft: Selected 1st overall by Minnesota Timberwolves Rookie Season (2020-21):

  • Named to NBA All-Rookie First Team
  • Averaged 19.3 points, 4.7 rebounds, and 2.9 assists per game

2021-22 Season:

  • Increased scoring average to 21.3 points per game
  • Led Timberwolves to first playoff appearance since 2018

2022-23 Season:

  • First NBA All-Star selection
  • Averaged career-high 24.6 points per game

2023-24 Season:

  • Second consecutive All-Star appearance
  • Named to All-NBA Second Team
  • Averaged 25.9 points, 5.4 rebounds, and 5.1 assists per game

International Play:

  • Member of USA Basketball team at 2023 FIBA World Cup
  • Named to 2024 U.S. Olympic team, winning gold medal

Anthony Edwards Career Stats (as of 2023-24 season):

Regular Season (302 games):

  • 22.9 points per game
  • 5.2 rebounds per game
  • 4.1 assists per game
  • 1.4 steals per game
  • 44.6% field goal percentage
  • 35.3% three-point percentage

Playoffs (27 games):

  • 27.8 points per game
  • 6.0 rebounds per game
  • 5.5 assists per game
  • 1.5 steals per game
  • 47.6% field goal percentage
  • 39.1% three-point percentage

Personal Life and Endorsements

Edwards is known for his charismatic personality off the court, which has helped boost his marketability. He has an endorsement deal with Adidas, including his own signature “Ant-Man” sneaker line.

The young star made his acting debut in the 2022 sports drama film “Hustle,” showcasing his appeal beyond basketball.

Controversies

In September 2022, Edwards faced criticism and was fined $40,000 by the NBA for using homophobic language in a social media post. He apologized for the incident.

In December 2023, Edwards was involved in a personal controversy when an Instagram model accused him of offering money for an abortion. Edwards responded by stating he was handling his personal matters privately.

Latest News

Recent news about Anthony Edwards has focused on his appearance in Netflix’s new NBA docuseries “Starting 5” and his comments during the show:

  • In a clip from the documentary, Edwards is seen trash-talking Boston Celtics star Jayson Tatum after a game. Edwards dismisses the notion of Tatum being the NBA’s best player, saying “Y’all trippin'” to those who suggest it.
  • The docuseries, which premiered on Tuesday, offers an unfiltered look at the lives of five professional basketball players, with Edwards standing out for his quotability and charisma.
  • Edwards has also been in the news for his performance in the annual NBA GM preseason poll. He was named the best shooting guard in the NBA and the league’s most athletic player by the general managers.
  • In recent team news, Edwards shared his thoughts on Timberwolves rookie Rob Dillingham after a training camp practice. Edwards expressed his fondness for Dillingham, describing him as “like a little brother.”
  • Edwards also recently revealed a lesson he learned from Golden State Warriors’ Stephen Curry during their time together at the Olympics, though the specific details of this lesson weren’t provided in the search results.

These recent news items highlight Edwards’ growing prominence in the league, both for his on-court performance and his engaging personality off the court.

Future Outlook

Anthony Edwards continues to improve his game and establish himself as one of the NBA’s premier young talents. His combination of athleticism, scoring ability, and improving playmaking skills make him a cornerstone for the Timberwolves’ future.

As Edwards enters his prime years, basketball analysts and fans alike will be watching closely to see if he can elevate his game further and potentially challenge for MVP honors in the coming seasons. With his new contract extension kicking in, expectations will be high for Edwards to lead Minnesota to sustained playoff success.

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