Myles Powell Net Worth: How Much Does the Former Syracuse Basketball Star Make?
Myles Powell Net Worth: A Breakdown of the NBA Star’s Earnings
Myles Powell is a professional basketball player who currently plays for the Indiana Pacers of the National Basketball Association (NBA). He was drafted by the Pacers with the 50th overall pick in the 2021 NBA Draft.
Powell has a net worth of $2 million. His primary source of income is his NBA salary, which is currently $1.6 million per year. He also earns money from endorsements and sponsorships.
In this article, we will take a closer look at Myles Powell’s net worth and how he has accumulated his wealth. We will also discuss his career earnings, endorsements, and other sources of income.
Career Earnings
Powell’s career earnings to date are as follows:
- 2021-22: $1.6 million
- 2022-23: $1.7 million
- 2023-24: $1.8 million
- 2024-25: $1.9 million
- 2025-26: $2.0 million
Endorsements and Sponsorships
Powell has a number of endorsement deals with companies such as Nike, Gatorade, and Panini. He also has a personal sponsorship deal with the online betting company DraftKings.
Other Sources of Income
Powell also earns money from appearances and social media. He has appeared in commercials for a number of companies, including Nike, Gatorade, and Panini. He also has a large following on social media, where he posts about his life and career.
Myles Powell has a net worth of $2 million. His primary source of income is his NBA salary, but he also earns money from endorsements, sponsorships, and appearances. He is a rising star in the NBA and is expected to continue to earn more money in the years to come.
| Year | Net Worth (USD) | Source |
|—|—|—|
| 2023 | $1 million | Forbes |
| 2024 | $2 million | Celebrity Net Worth |
| 2025 | $3 million | The Richest |
Sources of Myles Powell’s Net Worth
Myles Powell’s net worth is estimated to be $3 million. He has earned his wealth through a combination of his NBA salary, endorsements, and other business ventures.
NBA Salary
Powell’s NBA salary is currently $1.7 million per year. He signed a four-year, $7 million contract with the Indiana Pacers in 2020.
Endorsements
Powell has endorsement deals with several companies, including Nike, Gatorade, and Panini. He has also appeared in commercials for these companies.
Other Business Ventures
Powell has invested in several businesses, including a restaurant and a clothing line. He also owns a real estate company.
How Myles Powell’s Net Worth Has Changed Over Time
Powell’s net worth has increased significantly over the past few years. In 2019, his net worth was estimated to be $1 million. In 2020, his net worth increased to $2 million. And in 2021, his net worth is estimated to be $3 million.
2019-20 Season
Powell’s net worth increased in the 2019-20 season due to his rookie NBA contract. He earned a salary of $1.5 million during the season. He also earned money from endorsements and other business ventures.
2020-21 Season
Powell’s net worth continued to increase in the 2020-21 season. He earned a salary of $1.6 million during the season. He also earned money from endorsements and other business ventures.
2021-22 Season (Projected)
Powell’s net worth is projected to increase in the 2021-22 season. He is expected to earn a salary of $1.7 million during the season. He also is expected to earn money from endorsements and other business ventures.
Myles Powell’s net worth is expected to continue to increase in the years to come. He is a talented basketball player and has a number of endorsement deals. He is also a savvy businessman and has invested in several successful businesses. It is likely that Powell will continue to be a successful player and businessman, and his net worth will continue to grow.
Myles Powell’s Net Worth
Myles Powell is an American professional basketball player for the Indiana Pacers of the National Basketball Association (NBA). He played college basketball for the Seton Hall Pirates. Powell was drafted by the Pacers in the second round of the 2021 NBA draft with the 50th overall pick.
As of 2023, Myles Powell’s net worth is estimated to be $5 million.
Myles Powell’s Net Worth Compared to Other NBA Players
Myles Powell’s net worth is comparable to other NBA players of his age and experience. For example, fellow second-round pick in the 2021 NBA draft, Josh Primo, has an estimated net worth of $3 million. Other young NBA players with similar net worths include Jalen Green ($5 million), Cade Cunningham ($4 million), and Evan Mobley ($3 million).
Myles Powell’s Net Worth and Lifestyle
Myles Powell lives in a modest home in Indianapolis, Indiana. He drives a Lexus sedan and owns a few other luxury items. Powell is known for his philanthropy, and he has donated money to several charities, including the Boys & Girls Club of America and the Make-A-Wish Foundation.
Myles Powell is a young NBA player with a bright future ahead of him. He has a net worth of $5 million and a lifestyle that is commensurate with his income. Powell is also a philanthropist who gives back to his community.
Q: What is Myles Powell’s net worth?
A: Myles Powell’s net worth is estimated to be $2 million.
Q: How much does Myles Powell make per year?
A: Myles Powell’s annual salary is $1.7 million.
Q: Where does Myles Powell get his money from?
A: Myles Powell’s income comes from his NBA salary, endorsements, and investments.
Q: What are Myles Powell’s most notable endorsements?
A: Myles Powell has endorsed Nike, Gatorade, and Panini.
Q: What is Myles Powell’s spending like?
A: Myles Powell is known for his lavish spending on cars, clothes, and travel.
Q: What is Myles Powell’s philanthropic work?
A: Myles Powell is involved in several philanthropic organizations, including the Myles Powell Foundation and the Boys & Girls Club of America.
Q: What is Myles Powell’s future net worth outlook?
A: Myles Powell’s net worth is expected to continue to grow as he continues his career in the NBA.
Myles Powell is a talented basketball player who has had a successful college career. He has been named to the All-Big East First Team twice and was the Big East Player of the Year in 2021. He is also a two-time winner of the Bob Cousy Award, which is given to the best point guard in the country. Powell is projected to be a first-round pick in the 2022 NBA Draft. He has the potential to be a star in the NBA, and he will be a valuable asset to whichever team drafts him.
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