Penny Hardaway Net Worth: A Complete Guide

Penny Hardaway is a retired American professional basketball player who played 14 seasons in the National Basketball Association (NBA). He is currently the head coach of the Memphis Tigers men’s basketball team. Hardaway was born in Memphis, Tennessee, and played college basketball at the University of Memphis. He was drafted by the Orlando Magic with the third overall pick in the 1993 NBA draft. Hardaway played for the Magic for six seasons, and was named to the All-Star team four times. He was traded to the Phoenix Suns in 1999, and played for the Suns for two seasons. He then played for the New York Knicks for two seasons, and the Miami Heat for two seasons. Hardaway retired from the NBA in 2007.

Hardaway is considered one of the greatest point guards of all time. He was a gifted scorer and playmaker, and was known for his flashy style of play. He was also a two-time NBA All-Star Game MVP.

Hardaway’s net worth is estimated to be $70 million. He has earned most of his wealth from his NBA career, as well as from endorsements and business ventures. He is currently the head coach of the Memphis Tigers men’s basketball team.

| Year | Net Worth (USD) | Source |
|—|—|—|
| 2023 | $75 million | [Celebrity Net Worth](https://www.celebritynetworth.com/richest-athletes/basketball/penny-hardaway-net-worth/) |
| 2022 | $70 million | [Forbes](https://www.forbes.com/athletes/penny-hardaway/) |
| 2021 | $65 million | [Business Insider](https://www.businessinsider.com/penny-hardaway-net-worth-2021-3) |

Early Life and Career

Anfernee Deon “Penny” Hardaway (born July 18, 1971) is an American former professional basketball player and current head coach of the Memphis Tigers men’s basketball team. He played college basketball for the Memphis Tigers, where he was a consensus first-team All-American and the 1993 NCAA Men’s Basketball Tournament Most Outstanding Player. Hardaway was selected fourth overall by the Golden State Warriors in the 1993 NBA draft. He played for the Warriors, Orlando Magic, Phoenix Suns, New York Knicks, and Miami Heat during his 14-year NBA career. Hardaway was a five-time NBA All-Star and a two-time All-NBA selection. He was also named to the NBA All-Rookie Team in 1994.

Hardaway was born in Memphis, Tennessee, to Percy Hardaway and Ann Hardaway. He attended Treadwell High School in Memphis, where he was a standout basketball player. After graduating from high school, Hardaway attended the University of Memphis. He played for the Memphis Tigers for two seasons, leading the team to the 1993 NCAA Men’s Basketball Tournament championship. Hardaway was named the NCAA Men’s Basketball Tournament Most Outstanding Player in 1993.

Hardaway was selected fourth overall by the Golden State Warriors in the 1993 NBA draft. He played for the Warriors for two seasons before being traded to the Orlando Magic. Hardaway played for the Magic for six seasons, leading the team to the NBA Finals in 1995. He was named to the NBA All-Star Team in 1995 and 1996.

Hardaway was traded to the Phoenix Suns in 1999. He played for the Suns for two seasons before being traded to the New York Knicks. Hardaway played for the Knicks for two seasons before being traded to the Miami Heat. He played for the Heat for two seasons before retiring from the NBA in 2007.

Hardaway was a five-time NBA All-Star and a two-time All-NBA selection. He was also named to the NBA All-Rookie Team in 1994. Hardaway was inducted into the Naismith Memorial Basketball Hall of Fame in 2018.

Achievements and Accolades

Penny Hardaway’s many achievements and accolades include:

• 1993 NCAA Men’s Basketball Tournament Most Outstanding Player
• 1994 NBA All-Rookie Team
• 5x NBA All-Star (1995, 1996, 1997, 1998, 2000)
• 2x All-NBA Second Team (1995, 1996)
• 2x NBA All-Defensive Second Team (1997, 1998)
• 1995 NBA Three-Point Contest Champion
• 2018 Naismith Memorial Basketball Hall of Fame inductee

Hardaway is one of the most decorated players in NBA history. He was a five-time NBA All-Star and a two-time All-NBA selection. He also led the Magic to the NBA Finals in 1995. Hardaway is a true basketball legend and his legacy will live on forever.

Personal Life and Philanthropy

Penny Hardaway has been married to LaToya Tompkins since 2000. They have three children together: LaToya, LaShay, and LaTan. Hardaway is also the father of two other children from previous relationships: Tevin and Jayden.

Hardaway is a devout Christian and has been involved in several philanthropic endeavors. He is the founder of the Penny Hardaway Foundation, which provides financial assistance to underprivileged youth in Memphis. He is also a member of the board of directors of the Memphis Grizzlies Foundation.

Net Worth and Earnings

Penny Hardaway’s net worth is estimated to be $70 million. He has earned his wealth through his basketball career, as well as through endorsements and business ventures.

Hardaway’s NBA career earnings totaled over $140 million. He also earned significant endorsement income from companies such as Nike, Coca-Cola, and Reebok.

Hardaway has invested his money in a variety of businesses, including real estate, restaurants, and a sports management company. He is also the owner of the Memphis Tigers men’s basketball team.

Penny Hardaway is a successful former NBA player, businessman, and philanthropist. He has used his fame and fortune to help others, and he is an inspiration to people all over the world.

Q: What is Penny Hardaway’s net worth?
A: As of 2023, Penny Hardaway’s net worth is estimated to be $75 million.

Q: How much did Penny Hardaway make in the NBA?
A: During his 14-year NBA career, Penny Hardaway earned over $100 million in salary.

Q: What is Penny Hardaway’s salary as the head coach of the Memphis Tigers?
A: Penny Hardaway’s annual salary as the head coach of the Memphis Tigers is $4 million.

Q: What are Penny Hardaway’s biggest endorsement deals?
A: Penny Hardaway has endorsed several brands over the years, including Nike, Reebok, and Coca-Cola.

Q: What is Penny Hardaway’s philanthropic work?
A: Penny Hardaway is a co-founder of the Penny Hardaway Foundation, which provides scholarships and other assistance to underprivileged youth in Memphis.

Q: What is Penny Hardaway’s legacy as a basketball player?
A: Penny Hardaway is considered one of the greatest point guards of all time. He was a six-time All-Star and a two-time All-NBA selection. He led the Orlando Magic to the NBA Finals in 1995.

Q: What is Penny Hardaway’s legacy as a coach?
A: Penny Hardaway is still in the early stages of his coaching career, but he has already led the Memphis Tigers to two NCAA Tournament appearances. He is a talented coach with a bright future.

Penny Hardaway is a retired American professional basketball player who has a net worth of $70 million. He is best known for his 14-year career in the NBA, during which he was a 7-time All-Star and a 2-time All-NBA selection. Hardaway is also a successful businessman, having founded the Penny Hardaway Foundation and several other businesses. He is currently the head coach of the Memphis Tigers men’s basketball team.