What is DeMar DeRozan’s net worth?
| Net Worth: | $110 Million |
|---|---|
| Age: | 34 |
| Born: | August 7, 1989 |
| Gender: | Male |
| Height: | 2.01 m (6 ft 7 in) |
| Country of Origin: | United States of America |
| Source of Wealth: | Professional NBA Player |
| Last Updated: | Jun 6, 2024 |
Table of Contents
Introduction
DeMar DeRozan is an American professional NBA player for the Chicago Bulls.
DeRozan was selected ninth overall by the Toronto Raptors in the 2009 NBA draft.
He is a four-time NBA All-Star and a two-time All-NBA Team member.
As of June 2024, DeMar DeRozan’s net worth is roughly $110 Million.
Early Life
DeMar Darnell DeRozan was born on the 7th of August, 1989, in Compton, California.
DeRozan is the son of Frank and Diane DeRozan and has an elder half-brother, Jermaine.
He attended Compton High School. With his father’s training, he quickly became a promising basketball talent.
When he reached the 9th grade, other Compton schools tried to get him on their roster, but he continued with his school.
Career
DeMar DeRozan was ranked no. 3 in the nation by Rivals.com out of high school, and in his senior year, he earned Parade All-American honors.
In November 2007, he signed with the University of Southern California, passing up offers from Arizona State and North Carolina.
During his first game with the Trojans, he scored a team-high 21 points and later was named the Pac-10 Tournament MVP.
Although he only spent one season with USC, that was enough to garner him considerable attention from the NBA.
Inspired by the richest NBA players in the world DeRozan chose to forgo his final three years of eligibility at USC to enter the Draft.
The Toronto Raptors
Upon entering the 2009 NBA Draft, the Toronto Raptors selected DeMar DeRozan ninth overall, and in July, he signed his contract.
Soon after, he took part in the Sprite Slam Dunk Competition but lost in the final round to Nate Robinson, the three-time champion.
On the court, he scored a then career-high 37 points during a game, which he matched two more times in the next three years.
In 2014, he earned 40 points against the Dallas Mavericks, one of the wealthiest NBA teams, topping his previous record.
DeRozan was chosen as a reserve guard in the 2014 NBA All-Star Game for the Eastern Conference All-Star Team.
Making The Playoffs
During DeMar DeRozan’s first playoff game, he scored 14 points in a loss but bounced back in game two to earn 30 in two consecutive games.
These 30-point games made him the first Raptor to score 30 points in back-to-back playoff games since Vince Carter, though the Raptors lost to the Nets.
In the 2014-15 season opener, DeRozan recorded multiple career highs, including 11 rebounds and six steals in a 109-102 win.
On April 11th, DeRozan was named Eastern Conference Player of the Month, joining Kyle Lowry and Chris Bosh as the only Raptors to earn the honor.
By December 14th, 2015, he had been named the Eastern Conference Player of the Week, becoming the seventh Raptor to hold the title.
The following February, he enjoyed his 233rd career win when he helped Lowry defeat the New York Knicks 122-95.
Becoming A Legend
In July 2016, DeRozan re-signed with the Raptors for five years and later became the first Raptor to start a season with three straight 30-point games.
He continued this streak with five straight 30-point games, setting the best start to a season since Michael Jordan in the 1986-87 season.
DeRozan was named a starter on the Eastern Conference All-Star Team for the 2017 NBA All-Star Game, becoming the fourth Raptor to do so.
At the end of the 2016-17 season, he had a career-high 2,020 points, with a 27.3 average, which was the second highest in franchise history.
In May, he was named to the All-NBA Third Team for the first time, and he started the next season strong right out of the gate.
Adding to his records, he became the first player in NBA history to score over 50 points in a New Year’s Day game.
San Antonio Spurs
After finishing his final season with the Raptors, DeMar DeRozan was traded for Kawhi Leonard to the San Antonio Spurs.
The trade ended up being highly controversial since DeRozan was a fan favorite in Toronto and fans of the team weren’t happy to see him go.
In his debut with the Spurs, DeRozan earned 28 points in a win against the Minnesota Timberwolves and later recorded his first double-double.
During the 2019-20 season, he got off to a good start, and he was invited to the NBA Bubble once the season was suspended due to COVID-19.
After the break, he logged a career-high 14 assists during the 2021 season, but the Spurs were ultimately eliminated from the playoffs.
In August 2021, DeRozan was traded again, this time to the Chicago Bulls in exchange for Thaddeus Young, and Chicago was happy to have him.
The Chicago Bulls
After debuting with Scottie Pippen’s former team, DeRozan made two game-winning shots at the buzzer, once in December and again in January.
This made him the first player in NBA history with game-winning buzzer-beaters in two consecutive games, and it earned him his fifth NBA All-Star Game selection.
During the 2022 NBA All-Star Game, he was selected by LeBron James, and his squad defeated Kevin Durant’s 163-160.
In October 2022, he became the 50th player in NBA history to achieve 20,000 career points, something his former Spurs coach honored.
In 2023, he continued setting records and was selected to play as an Eastern Conference reserve in the NBA All-Star Game.
Additionally, DeRozan and Zach LaVine also passed Michael Jordan and Horace Grant’s record for the most points scored in a game by a Bulls duo.
Career Earnings & Salary
| Year | Team | Salary |
|---|---|---|
| 2009/10 | Toronto Raptors | $2,282,640 |
| 2010/11 | Toronto Raptors | $2,453,880 |
| 2011/12 | Toronto Raptors | $3,344,250 |
| 2012/13 | Toronto Raptors | $3,344,250 |
| 2013/14 | Toronto Raptors | $9,500,000 |
| 2014/15 | Toronto Raptors | $10,100,000 |
| 2015/16 | Toronto Raptors | $10,050,000 |
| 2016/17 | Toronto Raptors | $26,540,100 |
| 2017/18 | Toronto Raptors | $27,739,975 |
| 2018/19 | San Antonio Spurs | $27,739,975 |
| 2019/20 | San Antonio Spurs | $27,739,975 |
| 2020/21 | San Antonio Spurs | $27,739,975 |
| 2021/22 | Chicago Bulls | $26,000,000 |
| 2022/23 | Chicago Bulls | $27,300,000 |
| 2023/24 | Chicago Bulls | $28,600,000 |
| Total Career Earnings: | $260,475,020 | |
In 2009, DeMar DeRozan signed a four-year rookie contract worth $10.7 million with the Toronto Raptors.
The deal was fully guaranteed, and DeRozan earned $2.3 million in his first NBA season.
In 2013, DeRozan signed a four-year rookie extension worth $38 million with Toronto.
He earned $9.5 million in 2013, $10.1 million in 2014, and $10.15 million in 2015.
DeRozan signed his most valuable NBA contract in 2016, a five-year deal worth $139 million with the Raptors.
This increased his average annual salary to $27.8 million.
DeRozan played for two more seasons with the Raptors before transferring to the San Antonio Spurs.
After finishing his contract with the Spurs and earning $135.8 million, DeRozan’s next deal was with the Chicago Bulls.
In 2021, he signed a three-year contract worth $81.9 million with the Bulls.
The deal was fully guaranteed, and he earned a career-high of $28.6 million in the 2023/24 season.
Thus far in his NBA career, DeMar DeRozan has earned $257.6 million, split between three teams as follows:
- Toronto Raptors: $94.2 million
- Chicago Bulls: $81.9 million
- San Antonio Spurs: $81.5 million
DeMar DeRozan Net Worth
As of June 2024, DeMar DeRozan’s net worth is $110 Million.
Highlights
Here are some of the best highlights of DeMar DeRozan’s career:
- 4× NBA All-Star (2014, 2016–2018)
- All-NBA Second Team (2018)
Favorite Quotes from DeMar DeRozan
“My dad always played sports. He played football. I always wanted to play football because my dad played football, but my mom never wanted me to play football because she said she couldn’t take me getting hit.” – DeMar DeRozan
“I told myself that if I went to Compton High, and I made something out of the school, it would mean something to me later down the line because I started everything. And future kids would say, ‘DeMar made it here; why can’t I?’ I wanted to stay home.” – DeMar DeRozan
“Day 1, when I was drafted to the Toronto Raptors, they had this stigma on them: Every guy leaves. Nobody wants to be here. Superstars, nobody wants to play in Canada. From Day 1, my whole mindset and approach to the game, being in Toronto, was I wanted to change that whole narrative to that whole organization.” – DeMar DeRozan
“I played against Kobe a lot when I was in high school during the summers, even in college, just being that guy in L.A. coming up. He always gave me advice here and there, and even the smallest things stuck with me. I watched every single thing that Kobe did, every game, every move. He made me a student of the game.” – DeMar DeRozan
3 Motivational Lessons from DeMar DeRozan
Now that you know all about DeMar DeRozan’s net worth and how he achieved success, let’s take a look at some of the lessons we can learn from him:
1. Goals
What you get by achieving your goals is not as important as what you become by achieving your goals.
2. Dreams
When you have a dream, you’ve got to grab it and never let go.
3. There’s Hope
No matter what you’re going through, there’s a light at the end of the tunnel.
Frequently Asked Questions
How much is DeMar DeRozan worth?
DeMar DeRozan’s net worth is estimated to be $110 Million.
How old is DeMar DeRozan?
DeMar DeRozan was born on August 7, 1989, and is currently 34 years old.
How tall is DeMar DeRozan?
DeMar DeRozan’s height is 2.01 m, equal to 6 ft 7 in.
Summary
DeMar DeRozan is an American professional basketball player who played for the US national team during the 2014 World Cup and the 2016 Olympics.
DeRozan was named four times to the ‘NBA All-Star Team’ and twice as a member of the ‘All-NBA Team.’
As of June 2024, DeMar DeRozan’s net worth is $110 Million.
