Lamar Odom Net Worth: How Much Is The Former NBA Star Worth Today?
Lamar Odom is a former professional basketball player who played in the NBA for 14 seasons. He is best known for his time with the Los Angeles Lakers, where he won two championships and was named the Sixth Man of the Year in 2011. He also played for the Los Angeles Clippers, Miami Heat, Dallas Mavericks, and New York Knicks. He was also a member of the USA national team that won the gold medal at the 2010 FIBA World Championship.
But how much is Lamar Odom worth today? What are his sources of income and expenses? How did his personal life and health issues affect his finances? In this article, we will try to answer these questions and provide an estimate of Lamar Odom’s net worth as of August 2023.
Lamar Odom’s NBA Career Earnings
Lamar Odom was drafted by the Los Angeles Clippers with the fourth overall pick in the 1999 NBA draft. He signed a three-year rookie contract worth $8.7 million, according to Wealthy Gorilla. He had a promising first season, averaging 16.6 points, 7.8 rebounds, and 4.2 assists per game. He was named to the All-Rookie First Team and finished fourth in the Rookie of the Year voting.
However, his second season was marred by injuries and suspensions for violating the league’s anti-drug policy. He missed 32 games and saw his numbers drop to 13.1 points, 6.1 rebounds, and 3.8 assists per game. He bounced back in his third season, averaging 17.2 points, 7.8 rebounds, and 5.2 assists per game.
In 2003, he became a restricted free agent and signed an offer sheet with the Miami Heat worth $63 million over six years. The Clippers declined to match the offer and let him go. He played only one season for the Heat, averaging 17.1 points, 9.7 rebounds, and 4.1 assists per game. He helped the Heat reach the second round of the playoffs, where they lost to the Indiana Pacers in six games.
In 2004, he was traded to the Los Angeles Lakers along with Caron Butler and Brian Grant in exchange for Shaquille O’Neal. He spent seven seasons with the Lakers, forming a formidable trio with Kobe Bryant and Pau Gasol. He averaged 13.7 points, 9.5 rebounds, and 3.7 assists per game during his tenure with the Lakers. He won two NBA championships in 2009 and 2010 and was named the Sixth Man of the Year in 2011.
In December 2011, he was traded to the Dallas Mavericks as part of a three-team deal involving the New Orleans Hornets and Houston Rockets. However, he had a disappointing stint with the Mavericks, averaging career-lows of 6.6 points, 4.2 rebounds, and 1.7 assists per game in only 50 games. He was deactivated by the team in April 2012 and became a free agent after the season.
In July 2012, he signed a one-year deal with the Los Angeles Clippers worth $8 million1. He returned to his original team and averaged 4 points, 5.9 rebounds, and 1.7 assists per game in 82 games.
In February 2014, he signed a two-month contract with Laboral Kutxa Baskonia of Spain. However, he played only two games for them due to a back injury.
In April 2014, he signed with the New York Knicks for the rest of the season2. However, he did not appear in any games for them.
According to Celebrity Net Worth2, Lamar Odom earned $115 million in total salary (pre-tax) during his NBA career. His best earning season was 2008-2009 when the Lakers paid him $14 million.
Lamar Odom’s Other Sources of Income
Besides his NBA salary, Lamar Odom also earned money from endorsements, appearances, and media ventures.
He had endorsement deals with companies such as Nike, Taco Bell, Powerade, Samsung, EA Sports, Panini America, Rich Soil Clothing, and others1.
He also made money from appearing on reality TV shows such as Keeping Up with the Kardashians and Khloé & Lamar. He married Khloé Kardashian in September 2009 after a month of dating. Their wedding was televised on E! and reportedly earned them $300,000. They also got their own spin-off show Khloé & Lamar which premiered in April 2011 and ran for two seasons. They reportedly earned $40,000 per episode.
He also appeared in movies such as Van Wilder and National Lampoon’s TV: The Movie. He also had a cameo in the music video for Kanye West’s Mercy.
He also launched his own fragrance line called Unbreakable by Khloé and Lamar in 2011. He also released a memoir called Darkness to Light in 2019, which detailed his struggles with addiction, infidelity, and near-death experience.
According to Wealthy Gorilla, Lamar Odom’s net worth is roughly $30 million as of August 2023.
Lamar Odom’s Expenses and Debts
Lamar Odom’s net worth has been affected by his expenses and debts over the years.
He has spent a lot of money on his lavish lifestyle, which included buying expensive cars, jewelry, clothes, and houses. He also spent a lot of money on drugs, alcohol, gambling, and prostitutes.
He has also paid a lot of money in taxes, legal fees, fines, and settlements. He has been sued by several creditors for unpaid bills and loans. He has also been involved in several lawsuits and disputes with his ex-wives, ex-girlfriends, and children.
He has also paid a lot of money for his medical bills and rehabilitation costs. He suffered a near-fatal overdose at a brothel in Nevada in October 2015. He was found unconscious and rushed to a hospital, where he was placed on life support. He suffered multiple strokes, kidney failure, and brain damage. He spent four days in a coma and three months in the hospital. He underwent several surgeries and therapies to recover from his condition.
He has also paid a lot of money for his divorce from Khloé Kardashian. They filed for divorce in December 2013, but it was put on hold after his overdose. They finalized their divorce in December 2016. They reportedly had a prenuptial agreement that protected their individual assets. However, they still had to split their joint assets, which included their $5.4 million mansion in Tarzana, California. They also had to pay spousal support and legal fees.
According to Wealthy Genius, Lamar Odom has an estimated net worth of $25 million dollars as of 2023.
Lamar Odom’s Current Status and Future Plans
Lamar Odom is currently trying to rebuild his life and career after his overdose and divorce.
He has been sober since 2017 and has been working on his physical and mental health. He has been attending therapy sessions and speaking engagements to share his story and inspire others.
He has also been trying to revive his basketball career. He played in the BIG3 league in 2019 but was deactivated after four games due to poor performance1. He also played in the Dubai International Basketball Championship in 2020 but did not impress either.
He has also been trying to find love again. He dated fitness trainer Sabrina Parr from 2019 to 2020 but they broke up amid allegations of cheating and abuse1. He is currently single and looking for someone who can support him and accept him for who he is.
He has also been working on new projects and ventures. He launched a CBD wellness line called Odom 7 in 2020. He also announced that he will be making his boxing debut against singer Aaron Carter in June 20211.
Lamar Odom is hopeful that he can turn his life around and achieve his goals. He is grateful for the second chance that he has been given and wants to make the most of it.
Conclusion
Lamar Odom is a former NBA star who had a successful career but also faced many challenges and difficulties. He earned a lot of money from playing basketball and other sources but also spent a lot of money on his lifestyle and problems. His net worth has fluctuated over the years depending on his income and expenses.
As of August 2023, Lamar Odom’s net worth is estimated to be between $25 million to $30 million. He is currently working on improving his health, carexer, and personal life. He is optimistic about his future and wants to prove himself again.
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