Paul George, a prominent player in the NBA, has built a strong reputation for his athleticism, versatility, and scoring ability. Known for his time with teams such as the Indiana Pacers, Oklahoma City Thunder, and Los Angeles Clippers, George has become one of the highest-paid players in the league. As of 2024, Paul George’s net worth is estimated to be around $120 million. This impressive figure is the result of his NBA contracts, endorsement deals, and other ventures.
In comparison, Josh Allen, the star quarterback for the Buffalo Bills, has a net worth estimated at $85 million, showing how different career paths in sports can lead to significant financial success.
This article will explore the sources of Paul George’s wealth and provide an overview of his financial growth.
Paul George Net Worth Overview
Paul George’s net worth of $120 million has steadily increased throughout his successful NBA career. His financial growth is primarily driven by:
- Lucrative NBA contracts
- Endorsement deals with major brands
- Investments and other income streams
Let’s dive deeper into how Paul George has accumulated this wealth over the years.
1. NBA Contracts and Salary
Paul George’s journey in the NBA began when he was selected 10th overall in the 2010 NBA Draft by the Indiana Pacers. His rookie contract was worth approximately $10 million over four years, which marked the start of his significant financial growth.
After proving his worth with strong performances, George signed a five-year, $90 million contract extension with the Pacers in 2014. This deal catapulted him into the ranks of the league’s top earners, and he continued to increase his market value as his career progressed.
In 2018, George signed a massive four-year, $137 million deal with the Oklahoma City Thunder, solidifying his position as one of the NBA’s highest-paid players. However, after being traded to the Los Angeles Clippers in 2019, he signed another lucrative extension in 2020 worth $190 million over four years.
Here’s a breakdown of his significant NBA contracts:
- 2010-2014: Rookie contract, $10 million
- 2014-2019: Five-year, $90 million contract with the Indiana Pacers
- 2018-2022: Four-year, $137 million deal with the Oklahoma City Thunder
- 2020-Present: Four-year, $190 million contract with the Los Angeles Clippers
Paul George’s earnings from these contracts have been the foundation of his net worth, and with more years left in his current contract, his net worth will continue to grow.
2. Endorsement Deals
In addition to his NBA salary, Paul George has secured several endorsement deals that have significantly contributed to his net worth. These partnerships with major brands provide him with millions of dollars in additional income annually. Some of the key brands George has worked with include:
- Nike: Paul George has his signature shoe line under Nike’s PG Series, which has been highly successful among basketball fans and sneaker enthusiasts.
- Gatorade: A major sports drink brand that features many high-profile athletes.
- Bass Pro Shops: As an avid fisherman, George has also secured a unique endorsement with Bass Pro Shops, tapping into his personal interests.
Through these endorsement deals, Paul George earns an estimated $8-10 million per year. His collaboration with Nike, in particular, has been a major driver of his off-court income, with the PG Series continuing to generate strong sales.
3. Investments and Business Ventures
Like many successful athletes, Paul George has also diversified his wealth through smart investments and business ventures. While not as publicly known as some other NBA stars’ ventures, George is believed to have invested in various sectors, including real estate and tech startups, to grow his wealth beyond basketball.
These investments provide long-term financial security and help increase his overall net worth. As George continues to expand his portfolio, it is likely that his wealth will continue to rise even after his basketball career ends.
Josh Allen’s Net Worth for Comparison
In comparison to Paul George’s wealth, Josh Allen, the star quarterback for the Buffalo Bills, has a net worth estimated at $85 million. Although Allen’s net worth is slightly lower than George’s, it is still incredibly impressive, especially given that Allen plays in the NFL, where contract structures and earnings can be different from those in the NBA.
Allen signed a six-year, $258 million contract with the Buffalo Bills in 2021, which includes $150 million guaranteed. This contract, along with endorsement deals with brands like Nike and Pepsi, has significantly boosted Allen’s net worth in a short amount of time.
Here’s a quick comparison between the two athletes:
| Name | Estimated Net Worth (2024) | Primary Source of Wealth | Age |
|---|---|---|---|
| Paul George | $120 million | NBA Contracts, Endorsements | 34 |
| Josh Allen | $85 million | NFL Contracts, Endorsements | 28 |
Key Factors Contributing to Paul George’s Net Worth
Several key factors have contributed to Paul George’s financial success and growing net worth. These include:
1. High-Paying NBA Contracts
Paul George’s NBA contracts have been the primary source of his wealth. With his latest $190 million deal with the Los Angeles Clippers, George has secured financial stability for the foreseeable future. His ability to consistently perform at a high level has ensured that he remains one of the top-earning players in the NBA.
2. Endorsement Deals and Signature Shoes
Paul George’s endorsement deals, especially his collaboration with Nike, have added millions to his net worth. The PG Series of shoes has been popular since its launch, providing George with a steady stream of income outside of his NBA earnings. Other endorsements with brands like Gatorade and Bass Pro Shops also contribute to his overall wealth.
3. Investment Portfolio
While not as publicized, Paul George has likely made smart investments in various sectors, including real estate and tech ventures. These investments ensure long-term financial growth and stability, even after his playing career comes to an end.
Future Growth of Paul George’s Net Worth
With an estimated net worth of $120 million and multiple years remaining on his current NBA contract, Paul George’s wealth is expected to continue growing. His current contract with the Los Angeles Clippers runs through 2024, which means he will continue earning his high salary for at least a few more seasons.
Additionally, as the PG Series continues to perform well in the market, George’s endorsement income is likely to increase. The growth of his investment portfolio will also contribute to his financial stability, ensuring that his wealth continues to grow even after his NBA career ends.
Conclusion
Paul George’s net worth of $120 million is a result of his long and successful NBA career, lucrative endorsement deals, and smart investments. With contracts that place him among the highest earners in the league and endorsement deals that bring in millions annually, George’s wealth is expected to continue growing.
In comparison, Josh Allen, with a net worth of $85 million, is also on an impressive financial trajectory thanks to his massive NFL contract and endorsement deals. Both athletes have secured their financial futures through their respective sports and off-field endeavors.
As Paul George continues to play at a high level and expand his business ventures, his net worth is likely to increase further, ensuring his place among the wealthiest athletes in the world.