Cameron Payne is an American basketball player for the Oklahoma City Thunder of the National Basketball Association (NBA). He was drafted in the 1st round of the 2015 NBA Draft by the Thunder. Cameron played with them ever since, and he will be playing for them until at least 2020.
He earned his wealth through his success in the NBA, but how much money does Cameron Payne have? What are some things that contribute to his net worth? How does he spend his money? Keep reading below to find out more!
What is Cameron Payne’s Net Worth?
Cameron Payne is worth an estimated $3 million. He has been in the NBA for only 2 years, which means he has a long way to go before he reaches a high net worth. However, his income adds up quickly! In his first year of playing, he made just over $1.2 million with bonuses that pushed him over the $1.5 million mark. This increased his salary for the following season to around $2 million per year.
In addition to his salary, Cameron Payne also has endorsement deals with Nike and Foot Locker. These deals add on an extra few hundred thousand dollars per year to his net worth.
Cameron Payne spends some of his money on nice clothes from time to time, but most of it goes into investments and savings. He doesn’t spend a lot of money on cars or houses without a plan in place for them, because he knows that spending frivolously will only hurt him in the end.
He does have a car though! A black Range Rover Sport that cost him about $50,000 when he bought it last year.
How Much Wealth Does He Have?
Cameron Payne’s net worth is estimated to be around $1.6 million, which is a sizable amount for a 21-year-old. But how did he get this wealth?
In the 2015 NBA Draft, Cameron Payne was drafted 1st in the 1st round by the Oklahoma City Thunder. In his rookie season with the Thunder, he played in 33 games and averaged just over 8 minutes per game. The next year, in 2016, he played in 36 games and averaged 18 minutes per game. His statistics have improved every year since being drafted by the Thunder.
He will be playing for Oklahoma City until at least 2020 while making an average of $2 million a year. And because he has been improving every year, it is expected that his salary will continue to increase as well. On top of his NBA contract, Cameron Payne also makes money from product endorsements and other sources like speaking engagements and public appearances.
How Did He Earn His Wealth?
Cameron Payne’s wealth came from his success in the NBA. He was drafted in the 1st round of the 2015 NBA Draft by the Oklahoma City Thunder, and he has played with them ever since. He will be playing for them until 2020.
Payne may have also made some money playing AAU with the Arkansas Wings, an AAU team in Arkansas, when he was younger.
How Does He Spend His Money?
Cameron Payne has earned his money through the NBA, but how does he spend it?
Payne has said in interviews that he is “a big shopper.” He told ESPN in an interview that his favorite stores are Louis Vuitton and Gucci. This is unsurprising considering both of those brands are known for their high-quality items. When asked about his favorite purchase, he said that he bought a car when he was in college at Murray State University.
Payne also told ESPN that if he were not playing basketball, then he would be working in the music industry. He said that if he had to give up one of these careers, then it would be basketball. While this is not what happens, it seems like the decision would be difficult for him to make if it came up in real life.
Payne spends some of his money on expensive clothes and shoes. But there are also things like cars and music recording equipment on his list of expenditures too.
Cameron Payne is a basketball player for the Oklahoma City Thunder. He was drafted by the team in 2015 and made his professional debut in January 2016. Payne had a difficult childhood, but he persevered and became a sports star.
Payne signed a four-year contract with the Thunder, and his salary is an estimated $3.5 million per year. With his salary, Payne has amassed an estimated $2 million in total wealth.
Payne is able to live comfortably, but he chooses to live modestly in order to avoid spending all of his money. He also spends much of his time working on his game and practicing.