Nets guard Kyrie Irving has made a fortune worth $90 million from his skills as a hardwood magician, with investments in sports, electronics and consulting.
Although he may be controversy’s favorite kid, Kyrie Irving has earned a good living throughout his NBA career. The first pick of the 2011 draft, Uncle Drew, is at the box office, thanks to his exceptional ball-handling skills and his ability to finish on the edge.
The former ROTY hit the punches in one of the NBA’s greatest Finals of 2016, helping the Cavaliers come back from a 3-1 deficit. After his stint in Cleveland, Irving garnered more headlines for his off-court antics, with his anti-vaccination stance being the most recent.
During his free agency in the 2019-20 season, Irving signed a 4-year, $136 million contract with the Brooklyn Nets. In his 3 seasons with the Nets so far, the seven-time All-Star has only played 103 of 226 games, even losing $11 million off his contract because of it.
Also Read: ‘Kyrie 9’s Not What Kyrie Irving Fans Deserve!
Nonetheless, the former champion continues to make a bank with his endorsements and investments, leading to an estimated net worth of $90 million.
Kyrie Irving’s 6 best investments.
The Nets guard currently has $36 million on his contract as he enters the final season of his contract. One of the most polarizing figures, Irving’s ability to draw footsteps into arenas is remarkable, making him one of the most marketable actors for big brands.
Noting the same, Irving has made lump sum investments in his career which include many billion dollar industries. The former Cavs superstar has been advocating veganism for a while now, even going so far as to invest in the estimated $2.1 billion company Beyond Meat.
Kai also has a stake in wearable electronics giant Skull Candy, coupled with his returns for the iconic Uncle Drew character he built with cola company Pepsi.
Kyrie Irving is the NBA’s most underrated investor.
In 9 years, he reached a net worth of $90 million.
TOPIC: Kyrie’s 6 best investments pic.twitter.com/ANwi7FcP7J
—Andrew Petcash (@AndrewPetcash) March 10, 2022
The Nets pay Kyrie well.
He is currently on a 4-year, $136.5 million contract.
Before NY changed its mandates, Kyrie was losing $381,200 per game not played.
—Andrew Petcash (@AndrewPetcash) March 10, 2022
Kyrie reportedly earns over $18 million a year from his endorsements.
Some of them include:
• Pepsi
• Locker
• East Bay
• Nike
• PSD Underwear
• 2K Sports
• Skull Candy
• Paninis pic.twitter.com/mNTSYAWuQU—Andrew Petcash (@AndrewPetcash) March 10, 2022
So how did Kyrie amass such a fortune?
Kyrie’s 6 best investments 👇
—Andrew Petcash (@AndrewPetcash) March 10, 2022
5. Beyond Meat
Kyrie has invested in @BeyondMeat just before their IPO 3 years ago.
He entered this round with:
–Deandre Jordan
-Chris Paul
–Maya Moore
– JJ ReddickThe stock went from $25 at the time of the IPO to over $200 in one year.
—Andrew Petcash (@AndrewPetcash) March 10, 2022
4. Uncle Drew
Kyrie has partial ownership of her fictional character “Uncle Drew.”
He wins kickbacks from Pepsi with the 2018 film @UncleDrewFilm. pic.twitter.com/ZHjlzwlzQ6
—Andrew Petcash (@AndrewPetcash) March 10, 2022
3. SkullCandy
During their partnership in 2016, Kyrie also received an equity stake.
Less than a year later, @SkullCandy was acquired by giving Kyrie a good salary.
—Andrew Petcash (@AndrewPetcash) March 10, 2022
2. Nike
Kyrie makes $5-10 million a year with @Nike.
Her signature shoe line produces enough royalties to set her family up for life. pic.twitter.com/Gt7YKZijFL
—Andrew Petcash (@AndrewPetcash) March 10, 2022
1. KAI Eleven Board
A venture capital group that helps underrepresented entrepreneurs in many fields.
Kyrie’s first investment was a $500,000 seed investment for Fleeting, a black-owned commercial trucking company.
—Andrew Petcash (@AndrewPetcash) March 10, 2022
Bonus) Kyrie’s Philanthropy
A few charities:
• Tuition fees paid for 9 students
• Bought a house for the family of George Floyd
• Donated $300,000 to City Harvest
• Brought drinking water to a Pakistani village
• Provided $1.5 million to WNBA players pic.twitter.com/qvgkrKwMbz—Andrew Petcash (@AndrewPetcash) March 10, 2022
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