Amar’e Stoudemire Net Worth

March 12, 2024
2 mins read

Amar’e Carsares Stoudemire was born on the 16th November 1982, in Lake Wales, Florida USA, and is a professional basketball player, most famous as a former player with the National Basketball Association’s (NBA) Phoenix Suns and New York Knicks, and as the current power forward of the Israeli Basketball Premier League’s Hapoel Jerusalem.

Have you ever wondered how much wealth this professional athlete has accumulated so far? How rich Amar’e Stoudemire is? According to sources, it is estimated that the total of Amar’e Stoudemire’s net worth, as of mid-2017, exceeds the sum of $70 million, with an estimated annual salary of $23.4 million. It has all been acquired through his professional basketball career, which has been active since 2002, and includes a clothing line and a record label, as well as a 185-acre farm in Hyde Park, New York and a major share of the Hapoel Jerusalem Basketball Club.

Amar’e Stoudemire Net Worth $70 million

Amar’e is the younger of two sons of Carrie and Hazell Stoudemire, and is partially of Hebrew origin. He suffered a rather rough childhood – his parents divorced while he was still a young boy, and his mother was imprisoned because of forgery and theft charge while he was a teenager. This also resulted in moving back and forth between two states and changing five high schools, including Cypress Creek High School in Orlando, Florida, from which he matriculated in 2002. Interested in sports from an early age, Amar’e began playing basketball at the age of 14, but also excelled at American Football. He continued playing basketball through during his high school days and was named two-time Nike Summer League’s Most Valuable Player, averaging double-double scores of 29.1 points and 15 rebounds per game. Although he intended to join the University of Memphis, he never enrolled as he was selected as pick No. 9 of the 2002 NBA Draft by the Phoenix Suns, which was a great start to his net worth.

In his first season in the world’s toughest basketball league, Stoudemire performed marvelously, and won the NBA’s Rookie of the Year Award and was also called for the NBA All-Rookie First Team. In 2004, Amar’e was selected for the US national basketball team with which he won a bronze medal at the Summer Olympic Games in Athens, Greece. In January 2005, Stoudemire recorded a career high of 50 points in a single game against the Portland Trail Blazers, and was later invited to his first NBA All-Star Game. During 2005-06 season, he suffered a severe knee injury, and was forced to recover for over six months. However, all these ventures still helped Stoudemire to significantly increase his net worth.

Prior to transferring to the New York Knicks in 2010, Stoudemire became the fourth best scorer in the history of the Phoenix Suns franchise, with an average score of 21.4 points per game. In June 2010, he signed a five-year long deal worth $99.7 million with the New York Knicks, but due to a repeated knee injury, he missed the major parts of 2012-13 and 2013-14 seasons. In February 2015, Stoudemire signed with the Dallas Mavericks for which he played 23 games in the course of the following months, before in July 2015 he transferred to the Miami Heat for which he only played a few games due to a knee injury. In July 2016, he signed a one-day deal with New York Knicks and immediately retired from his 14-season-long NBA career, during which he dramatically boosted the size of his wealth.

Ever since, he has been playing for Hapoel Jerusalem which, led by Amar’e Stoudemire, has managed to win the 2016 Israeli Basketball League Cup.

When it comes to his personal life, Stoudemire has been married since 2012 to Alexis Welch, with whom he has four children.

Stoudemire is also a big philanthropist – he is the founder of Each One, Teach One foundation as well as Amateur Athletic Union’s Team STAT. Besides all these, he has also appeared in several motion pictures including “Sesame Street” and “Entourage” TV series.

Daniel Wanburg

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications.

At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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