Trae Young is an American Professional Basketball Player who represents the Atlanta Hawks in the NBA. We famously know him as Ice Trae for his potential to score in the conclusive moments of a match. Born on May 12, 1992, Young initially played the sport for his high school, Norman North High School. He continued his game in college until the Dallas Mavericks picked him in the 2018 NBA Draft and was the 5th pick overall. The player had an amazing 2022 season and was a part of the 2022 NBA All-Star team. Along with his career, read on to find out how much the Atlanta Hawks star made and what is the net worth of Trae Young in 2024.
Trae Young Net Worth 2024
Trae Young has an estimated Net Worth of around $55 million as of 2024. Similarly to that, Trae received USD 8,326,471 for the 2021–22 campaign. Later, the player signed a rookie extension contract worth US $207 million, starting with the 2022–2024 season. Young and the Hawks agreed to a contract extension in 2021 that would have a maximum value of US $207 million. He has made major investments in overtime, Star-Stock, and Hyperice.
Trae Young Net Worth 2024
| Net Worth in 2024 | $55 Million |
| Net Worth in 2022 | $51 Million |
| Net Worth in 2021 | $47 Million |
| Net Worth in 2020 | $44 Million |
| Net Worth in 2019 | $40 Million |
Trae Young Sponsorships
Young in his yet short but shining NBA stint has managed to attract major brands for potential collaborations. Adidas signed a deal with Young back in 2018. The brand eventually released a signature shoe with Young, named Trae Young 1.
Young’s deal with Adidas apparently pays him $1.8 million annually. Besides Adidas, Young’s other endorsements include prominent names like Tissot, Chipotle, eBay, and Fortnite. Moreover, he’s also indulged in deals with brands like Old Spice, Though the Lens, Body Armor, and NBA2K. In a cumulative of all these, Young earns approximately $3 million annually through endorsements.
Trae Young Annual Income and Contract
Trae Young has an annual income of more than $43 million as of 2024. The number will be increasing as years pass on because of his more than $215 million contract. Trae Young signed a five-year contract worth $215 million with Atlanta Hawks, which is his second contract with the team. Looking at his past season earnings, he made a total of roughly $6.6 Million during the 2020-2021 season and $8.3 Million during the 2021-22 season.
Yearly Salary
| Years | Salary |
| 2022 | $8,326,471 |
| 2021 | $6,571,800 |
| 2020 | $5,880,938 |
| 2019 | $5,356,440 |
Trae Young Cars Collection
He owns a sizable collection of high-end four-wheelers, which enhances his charm and social standing.
- Black Audi R8 V10
- Black McLaren 720S
- Lamborghini Aventador
Trae Young House
Young bought a mansion in Norman, Oklahoma, worth $1.5 million back in 2019. The property, spread across 1800 square feet homes 5 bedrooms, 6 baths, a pool, and a pool house. He sometimes shares glimpses of his house on social media.
Trae Young Charity
Young founded the Trae Young Foundation in 2019, which majorly works on dealing with mental health services. Moreover, He recently covered medical debts worth $1 million for families in Atlanta. For his charity works, Young won the NBA cares community assist award.
FAQ About Trae Young Net Worth 2024
Q. What is Trae Young’s net worth?
Ans: Trae Young Net Worth 2024
| Net Worth: | $55 Million |
|---|---|
| Weight: | 74 Kg or 164 lbs |
| Profession: | American basketball player |
| Nationality: | American |
| Age: | 24 Yrs |
Q. How much does Trae Young earn a year?
Ans: Trae Young signed a 5 year / $215,159,700 contract with the Atlanta Hawks, including $215,159,700 guaranteed, and an annual average salary of $43,031,940. In 2024-24, Young will earn a base salary of $40,064,220, while carrying a cap hit of $40,064,220 and a dead cap value of $40,064,220.
Q. Who is Trae Young marrying?
Ans: Trae Young and Shelby Miller are getting married. The two-time NBA All-Star met Miller at the University of Oklahoma, and they began dating in 2017. In addition to his NBA career, Young founded the Trae Young Family Foundation in 2019 to provide mental health support to families in his hometown of Norman, Oklahoma.
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