Born on August 5, 2001, in Atlanta, Georgia, Anthony Edwards quickly became one of basketball’s brightest young stars. His journey to the NBA was paved with an early passion for sports, particularly football. As a child, he played for the Atlanta Vikings and was recognized as one of the country’s top running backs by the age of 10. However, his interest shifted to basketball after watching his brother play, and he soon dedicated himself to excelling in the sport.
Edwards attended Holy Spirit Prep in Atlanta, where he displayed exceptional talent. In his senior year, he averaged an impressive 29 points and 9 rebounds per game. This dominance on the court made him a top recruit, ultimately leading him to play college basketball for the Georgia Bulldogs. His freshman season at Georgia was filled with record-breaking performances, including a 24-point debut and a season-high 37-point game, making him the first Georgia freshman to achieve such a feat. His outstanding play earned him numerous collegiate honors, solidifying his status as a future NBA star.
Entry into the NBA
Anthony Edwards declared for the NBA Draft in 2020 and was selected as the first overall pick by the Minnesota Timberwolves. His rookie season was marked by immediate impact, scoring 15 points, 4 rebounds, and 4 assists in his debut game against the Detroit Pistons. Due to injuries on the Timberwolves’ roster, Edwards was given an early opportunity to become a starter. By the end of his first season, he played in 72 games, starting 55 of them. His remarkable performance earned him a spot on the NBA All-Rookie First Team, and he finished as the runner-up in the Rookie of the Year voting. He also became the third-youngest player in NBA history to score 40 or more points in a game.
In his second season, Edwards averaged 19 points, 4 rebounds, and 3 assists per game, playing a crucial role in leading the Timberwolves to their first playoff appearance in four years. His contributions helped Minnesota reach the postseason for only the second time in 18 years.
Anthony Edwards’ Net Worth in 2024
As of 2024, Anthony Edwards’ net worth is estimated at $40 million. His initial rookie contract with the Timberwolves was valued at $44 million, averaging $11 million per season until the conclusion of the 2023-24 NBA season. However, his financial status saw a significant boost in 2024 when he signed a five-year contract extension with Minnesota worth $244,623,120.
Salary Breakdown
Anthony Edwards’ earnings have steadily increased throughout his NBA career. His salaries for previous seasons include:
- 2020-21: $9.7 million
- 2021-22: $10.2 million
- 2022-23: $10.7 million
- 2023-24: $13.5 million (a 26.09% increase from the previous year)
Under his newly signed contract, Edwards is set to become one of the highest-paid players in the league, ensuring financial security for years to come.
Endorsements and Brand Deals
In addition to his NBA earnings, Anthony Edwards has secured a lucrative endorsement deal with Adidas. Signed in 2020, this deal places him among elite players like Damian Lillard, James Harden, and Derrick Rose, who are also part of the Adidas family. Although the exact figures of the deal remain undisclosed, it is believed to be a multi-million-dollar agreement, providing Edwards with exclusive access to the latest footwear and gear.
Assets and Lifestyle
Despite his rapid rise to stardom, Edwards has yet to make substantial investments in real estate. Currently, he resides in his hometown of Atlanta, Georgia. However, given his growing wealth, it is likely that he will venture into property investments in the near future.
Car Collection
One of Edwards’ most notable assets is his Lamborghini Urus, an SUV equipped with a 4.0-liter twin-turbo V8 engine producing 657 horsepower. He customized the vehicle’s interior to a striking blue, adding to its distinctive look. The estimated value of his luxury car surpasses $250,000, showcasing his love for high-performance automobiles.
Investments and Other Income Sources
While there is limited public information on Edwards’ investment ventures, it is expected that as his career progresses, he will explore business opportunities and strategic financial planning to grow his wealth further.
Charity and Philanthropy
At just 21 years old, Anthony Edwards has already made a significant impact in basketball. Although there is little public data regarding his philanthropic activities, it is common for NBA stars to engage in charitable initiatives as they establish their careers. Given his positive influence and leadership qualities, Edwards is likely to support community projects and youth sports programs in the future.
Future Prospects
With his newly signed contract and continued success on the court, Anthony Edwards’ net worth is expected to rise significantly in the coming years. As he cements his place among the NBA’s elite players, endorsement deals, investments, and potential business ventures will further boost his financial standing. His dedication to improving his game and leading the Timberwolves positions him as a key figure in the future of professional basketball.