What is Lonzo Ball's Net Worth and Salary?
Lonzo Ball is an American professional basketball player with a net worth of $35 million. Known for his impressive skills, Ball began his NBA career in 2017 after playing one season with the UCLA Bruins. He was initially picked by the Los Angeles Lakers in the 2017 NBA Draft and later traded to the New Orleans Pelicans in 2019. Despite injuries hampering his rookie year, he made the NBA All-Rookie Second Team in 2018.
Early Life
Lonzo Anderson Ball was born on October 23, 1997, in Anaheim, California. Growing up with parents who were former college basketball players, Lonzo started playing basketball at an early age with his two brothers. During high school, all three brothers played on the same team, coached by their father. Lonzo's remarkable performances earned him national recognition and accolades.
Lonzo played college basketball for the UCLA Bruins in the 2016-2017 season. His exceptional performance, leading the nation in assists and driving the Bruins to become one of the highest-scoring teams, solidified his prospects as a future NBA star. Post a series of honors and records, he entered the NBA Draft in 2017.
Career
Lonzo Ball's NBA journey began with challenges, including injuries that kept him out of 30 games in his rookie season. He underwent knee surgery and returned to play in 2018, only to face more injuries. In 2019, he was traded to the New Orleans Pelicans, ultimately becoming a free agent in the 2021 off-season.
Relationships
Lonzo met his long-term partner Denise Garcia in high school. The couple had a child together but broke up in 2018. They appeared to reconcile in 2020.
Business Endeavors
Lonzo's business ventures largely revolve around his family's apparel company, Big Baller Brand. Rather than signing with major brands like Nike or Adidas, Lonzo used his family's sports equipment. In 2017, they released their first shoe priced at $495. Despite criticisms over pricing and quality, Lonzo owned 51% of the brand. Due to legal issues and brand concerns, he distanced himself from the company in 2019, removing the brand’s logo tattoo and social media references.
Reality Show
In 2017, Lonzo Ball and his family debuted their reality show, "Ball in the Family," on Facebook Watch.
Legal Issues
In 2019, Lonzo sued Gregory Alan Foster, a part-owner and manager of Big Baller Brand, alleging he took $1.5 million of Lonzo’s money. The total damages sought by Lonzo and his family exceeded $2 million.
Contracts and Salary
In July 2017, Lonzo signed a four-year, $33-million contract with the Lakers, averaging $8 million annually. In August 2021, he signed a four-year, $85 million deal with the Chicago Bulls, with an average salary of $21 million per year.
Real Estate
In 2017, Lonzo purchased a $5.2-million mansion in Chino Hills, California. The 13,800-square-foot villa, situated on a 3-acre plot, was a fixer-upper when bought. Highlight features include a theater, library, and a guest house. Although intended for his family, Lonzo later sold a commercial property in LA for $4.365 million after being traded to the Pelicans in 2019. This 14,635-square-foot warehouse was used for his family’s clothing and footwear business.
In April 2022, Lonzo acquired a newly-renovated mansion in Sherman Oaks, California, for $7.3 million.
