What is Ja Morant’s net worth as of February 2023? Exploration of his annual income from contracts and agreements he has signed

Ja Morant’s net worth continues to rise as the young playmaker rises to stardom. Along with his next max extension, the Memphis Grizzlies star has an array of endorsement deals.

As of this year, Ja Morant’s net worth is around $80 million. This includes his average salary of around ten million dollars and other contracts he has outside of basketball. After this season, the 23-year-old will begin his new five-year, $194.3 million deal.

Outside of his on-field earnings, Morant’s biggest stream of income comes from his sponsorship deal with Nike. After discontinuing their shoe line with Kyrie Irving, they’ve released the first of many shoes for the former No. 2 pick.

Since being drafted in 2019, Morant has been one of the most electrifying young stars in the NBA. In 53 games this season, he’s averaging 27.1 points and 8.2 assists while leading Memphis to a top spot in the Western Conference.

Ja Morant’s net worth could soon take a hit

While things were just starting to look up for the young star, it could quickly fall apart. Over the past few weeks, the Memphis Grizzlies All-Star has been linked with off-court drama.

For starters, Ja Morant is tied to two assault allegations. One involving a mall security guard and the other involves an incident with a 17-year-old and a gun.

The most recent issue concerns his social media activity. On Friday night, Morant went live on Instagram where he showed he had a gun on him.

Ja Morant is live on IG

Is he just forgetting he’s an NBA superstar or something????

Shortly after the photo went viral, the Memphis Grizzlies quickly sprang into action. The team issued a press release on Saturday afternoon stating that Morant will be suspended for “at least two games”. ESPN’s Adrian Wojnarowski also indicated that the NBA would investigate the post.

Statement from the Memphis Grizzlies

Memphis Grizzlies star Ja Morant was seen on her own Instagram Live showing off a gun while at a nightclub early Saturday morning. twitter.com/wojespn/status…

NBA spokesman Mike Bass: “We are aware of a social media post involving Ja Morant and are investigating.”

Depending on how things unfold from these incidents, Ja Morant’s net worth could take a hit in the future. If the two-time All-Star continues to be tied up in scandals, no company will want to attach his name to him.

At this point in his career, Morant is in a prime position to maximize his earnings. However, if he doesn’t clean up his act, it will greatly hurt those chances.

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