One of the best young talents in the NBA is Minnesota Timberwolves player Anthony Edwards. Edwards is projected to have a $40 million net worth in 2024.
On August 5, 2001, Anthony Edwards was born in Atlanta, Georgia.
In addition, Edwards goes by the moniker “Ant-Man,” which he received from his father when he was three years old.
Edwards played youth football for the Atlanta Vikings in his early years.
He was a standout player who filled a variety of positions on the football field.
Even at the age of ten, he was regarded as one of the nation’s best running backs.
Observing his sibling play basketball piqued his interest in the game.
Then, in the ninth grade, he received training from basketball trainer Justin Holland of Atlanta.
Anthony Edwards Career
During his senior year at Holy Spirit Prep in Atlanta, Edwards averaged 29 points and 9 rebounds per game.
Edwards made his college debut for the Georgia Bulldogs, recording the best scoring total for a Georgia freshman debut with 24 points, 9 rebounds, and 4 steals in the victory.
Later that season, he scored a season-high 37 points.
In addition to becoming the leading scorer on his team and among freshmen nationwide, he made history as the first freshman from Georgia to score at least 37 points in a game.
He was awarded various collegiate distinctions for his outstanding season.
The Minnesota Timberwolves selected Edwards with the first overall choice in the 2020 NBA Draft.
In the win over the Detroit Pistons, he scored 15 points, pulled down 4 rebounds, and disheveled 4 assists in 25 minutes, making his debut even more successful.
Edwards offered him an early opportunity to be a starter because of injuries on the starting team.
Edwards appeared in 72 games during his rookie campaign with the Timberwolves, starting 55 of them.
As a result of his contributions to the team, he was named to the NBA All-Rookie First Team, finished second in the Rookie of the Year voting, and became the third-youngest player to score 40 or more points in NBA history at the end of the season.
Averaging 19 points, 4 rebounds, and 3 assists per game in his sophomore campaign, he helped the Timberwolves make the playoffs for the first time in four years and for the second time in eighteen years.
| Information | Details |
|---|---|
| Name | Anthony Edwards |
| Net Worth | $40 million |
| Age | 22 |
| Residence | Atlanta, Georgia |
| Position | Shooting guard |
| Marital Status | Single |
| Source of Wealth | Professional basketball and endorsements |
| Salary | $25 million |
| Endorsements | Adidas |
| Endorsement Earnings | Ant-Man sneaker |
Anthony Edwards Net Worth in 2024
Anthony Edwards has an estimated $40 million net worth in 2024.
His $44 million rookie contract, which ran through the conclusion of the 2023–2024 NBA season, was worth an average of $11 million annually.
But in the 2023 NBA off-season, “Ant-man” Anthony Edwards agreed to a rookie contract extension worth $204.45 million over five years with the Minnesota Timberwolves.
He trained to be a football player, playing the roles of running back, quarterback, and cornerback before taking up basketball. He claimed that as a child, he was an athlete in multiple sports.
Anthony Edwards Net Worth compared to Other NBA Players
| Player | Net Worth (USD) |
|---|---|
| Anthony Edwards | $40 Million |
| LeBron James | $1 Billion + |
| Kevin Durant | $600 Million |
| Stephen Curry | $310 Million |
| Giannis Antetokounmpo | $80 Million |
| James Harden | $230 Million |
| Damian Lillard | $70 Million |
| Nikola Jokic | $50 Million |
| Joel Embiid | $80 Million |
| Ja Morant | $40 Million |
Anthony Edwards’ first NBA contract
In fact, the Minnesota Timberwolves selected Ant with the first overall pick.
A four-year contract worth $44.27 million was his rookie deal.
With problems with consistency and efficiency in his scoring along with a marked lack of defense, Edwards had a rough debut in the league.
But as he grew more comfortable in the league, his luck would soon alter.
Ant scored 42 points in a defeat against the Memphis Grizzlies and another 42 in an improbable victory over the formidable Phoenix Suns.
He solidified his place in the Rookie of the Year conversation with his performance in the second half of the season.
Even though LaMelo Ball went on to win the prize, Edwards had a fantastic career despite a difficult beginning to his career.
He averaged 19.3 points, 4.7 rebounds, and 2.9 assists after the year.
Ant’s Timberwolves struggled as a team early on, finishing in the 13th position in the Western Conference. Edwards, however, aimed to enhance his first year on both a personal and team level.
The Timberwolves, with a young roster and a weaker Western Conference, appeared ready to succeed as well.
Anthony Edwards Salary Over the years
Anthony Edwards will make $13,534,817 in 2023–2024.
He is increasing by 26.09% in comparison to last year.
He is now the 59th highest-paid guard in the league this year, and his agent is Omar Wilkes of Klutch Sports Management.
| Year | Net Worth |
|---|---|
| 2022/23 | $10.7 million |
| 2021/22 | $10.2 million |
| 2020/21 | $9.7 million |
Anthony Edwards endorsements
Both on and off the court, Anthony Edwards is undoubtedly a character.
He is an athletic marvel that can produce several highlights in a single game when he plays.
A charming and humorous figure off the court, too.
The 21-year-old appears to be a leader on a Timberwolves squad that is still trying to surpass the Kevin Garnett era and has a very bright future in the NBA.
Anthony Edwards’ first signature shoe, the adidas AE1, was just revealed in Atlanta 🍑
Thoughts? 💭 pic.twitter.com/ZP35VGoj39
— Sneaker News (@SneakerNews) September 23, 2023
Additionally, he should have lots of possibilities off the court thanks to his personality, which will only increase his fortune.
Adidas was one of his earliest endorsement partnerships; in a play on Edwards’ moniker, the company even teamed up with Marvel to create an Ant-Man sneaker.
Adidas and Marvel collaborated to create Ant-Man sneakers for Anthony Edwards 🔥
(Via @adidasHoops ) pic.twitter.com/vzThDfTwo0
— NBACentral (@TheDunkCentral) April 10, 2023
Career Earnings and Financial Investments
Anthony Edwards’ wealth is significantly influenced by his earnings throughout his NBA career, characterized by contracts with the Timberwolves.
His initial agreement with the team, coupled with his consistent contributions, has been instrumental in shaping his financial status.
Moreover, Edwards’ astute financial decisions and investments have bolstered his estimated net worth, reaching $40 million in 2024.
From his early days as a versatile athlete in Atlanta to emerging as a prominent NBA player with the Minnesota Timberwolves, Anthony Edwards’ journey reflects a narrative of perseverance, skill, and triumph.
His on-court accomplishments, coupled with strategic endorsements and financial ventures, have been pivotal in attaining his estimated net worth of $40 million in 2024.
As he continues to excel in the NBA and diversify his off-court endeavors, Edwards’ financial portfolio is poised for further expansion in the forthcoming years.
Through his unwavering dedication, innate talent, and prudent decision-making, Anthony Edwards has cemented his position as a notable figure within the realm of professional basketball, with a promising trajectory both within and beyond the confines of the basketball court.
Further Reading!