Paul Jamaine Washington Jr., better known as P.J. Washington, has quickly built a strong presence in the NBA since being drafted 12th overall by the Charlotte Hornets in 2019. Now playing as a key power forward for the Dallas Mavericks, Washington has not only made his mark on the court but has also secured his financial future through lucrative contracts and brand endorsements. At just 25 years old, his net worth has reached an impressive $10 million as of 2024.
Early Life and Family Background
Born on August 23, 1998, in Louisville, Kentucky, P.J. Washington grew up in a family with deep basketball roots. Both of his parents, Paul and Sherry Washington, played college basketball, which set the foundation for his own athletic career. His younger brother, Spencer Washington, is also active in the sport, carrying forward the family’s basketball tradition. This strong family influence has kept him grounded while helping him develop the skills that turned him into a professional player.
NBA Career and Earnings
Washington entered the NBA spotlight in 2019 as a lottery pick for the Charlotte Hornets. His rookie season showcased his talent, particularly his ability to stretch the floor and defend multiple positions. In August 2023, Washington signed a three-year $46.5 million contract with the Hornets, reflecting the league’s belief in his potential. However, in February 2024, he was traded to the Dallas Mavericks, where he has become an important piece of their rotation.
During the 2023/24 NBA season, Washington played 29 games for the Mavericks, averaging 11.7 points, 6.2 rebounds, 1.5 assists, and nearly one block per game. His on-court performance has justified his salary, which stands at $16,847,826 for the season. Over the course of his contract, he is expected to earn a steady income that will push his net worth even higher in the coming years.
Current Net Worth and Salary
As of 2024, P.J. Washington’s net worth is estimated at $10 million. This figure largely comes from his NBA salary, with his $46.5 million deal playing the biggest role. For the 2023/24 season, his official salary is listed at $16.8 million, although his actual take-home salary with the Mavericks is slightly lower at $15.5 million due to trade adjustments. Regardless, this puts him among the better-paid forwards in the league at his age.
Endorsements and Sponsorship Deals
Beyond his NBA earnings, Washington has secured valuable endorsement deals. In 2019, shortly after entering the league, he signed a multi-year shoe deal with Nike. He also has a partnership with Panini, a major name in sports collectibles and trading cards. While the exact financial details of these deals are not public, they have added another income stream and enhanced his marketability.
Lifestyle: Cars and Residence
While Washington has kept his current residence private, he has shared glimpses of his lifestyle. In 2019, he revealed his first big purchase after being drafted, a Porsche Cayenne valued at around $65,700. The choice reflected his preference for luxury while remaining practical, a balance that matches his disciplined approach to his career. He continues to maintain a relatively private lifestyle, choosing not to display extravagant assets in the public eye.
Investments and Business Ventures
Unlike some NBA stars who venture into business early, Washington has yet to disclose any significant investments. There is no public record of him entering real estate, tech startups, or other high-profile business deals. For now, his primary focus remains on his basketball career, which continues to provide him with reliable income.
Personal Life and Relationships
Washington is not married as of 2024. While he has been linked to public relationships in the past, he has kept his current personal life relatively private. His main focus continues to be his career and growth with the Mavericks. With strong family support and his maturity on and off the court, Washington is building a stable path for the future.
Charity and Community Work
So far, there is little public information about P.J. Washington’s charitable contributions. Many young NBA players gradually expand into philanthropy after establishing financial stability, so it would not be surprising if Washington follows a similar path in the coming years. His Kentucky roots and growing influence in the league make him a candidate for community-based initiatives when he decides to take that step.
Future Outlook
With his contract securing his earnings until 2026 and his performance on the rise, Washington’s financial future looks strong. If he continues improving with the Mavericks, he could be in line for an even larger extension in the years ahead. Additionally, his partnerships with Nike and Panini may expand, opening the door for further endorsements.
At only 25 years old, Washington has already reached millionaire status and proven his ability to balance professional success with financial responsibility. His career trajectory suggests that both his game and his net worth will continue to grow steadily in the NBA landscape.
