Zion Williamson Net Worth 2020 – How Rich Is He?

Zion Williamson Net Worth 2020 - How Rich Is He?

Zion Williamson net worth, salary, and his sources of wealth in 2020 analysed.

Net Worth:$8 Million
Basic Salary:$38.2 Million
Date of Birth:July 6, 2000
Age:20 years old
Nationality:American
Source of Wealth:Professional Basketball Player
Last Update:2020

Overview

Zion Williamson is an American basketball player who plays in the NBA for the New Orleans Pelicans. Young, strong and talented, Williamson who got into the NBA in 2019, as the top pick in that years’ NBA Draft, is one of the young stars, who the entire NBA is closely watching to see what impact he’ll have on the Pelicans’ squad this season. With just one season of college basketball experience, Williamson will no doubt make use of his size and speed to achieve a significant result in the NBA.

Basketball pundits who have closely watched the young man play have compared his prowess and his style of play to ex NBA stars such as Charles Barkley and Anthony Mason. Such comparison, not uncommon in the NBA, further will drive the young budding NBA player to achieve a considerable result in the league this season.

With an emphasis on Zion Williamson net worth in 2020, we briefly summarise the wealth his career has availed him. Other highlights include his early life, career summary, salary, endorsements, luxury lifestyle and lessons from Zion Williamson’s wealth and rise to fame.

Early Life

Named after Mount Zion Jerusalem, Zion was born in 2000 in North Carolina. Zion Williamson was born in a family that was no stranger to sports. Both of his parents were once athletes. His father, Lateef Williamson was a defensive end in high school and college football. His mother, Sharonda Sampson, was involved in athletics as a sprinter. She competed as a sprinter at the same college as his father, before she went on to become a Physical Education teacher. When Zion was five, his biological parents divorced, and he went on to live with his mother who remarried. His stepfather, Lee Anderson, had played basketball in college. Zion loved basketball that it became part of him. 

At the age of 9, Zion without the assistance of his parents will rise up as early as 05.00 AM to train. He did it often. Having a stepfather who played basketball in college and a mother who was once a sprinter came in handy for Williamson as both did their best to horn their son’s skills. He competed at the Amateur Athletic Union (AAU) circuit, against opponents older than him by 4 years. He did this with the coaching guidance of his mother. His stepfather helped him greatly in building the skills he needed to become a very adept point guard. Williamson attended Johnakin Middle School, where he was coached by his mother. Williamson’s basketball antics was impressive as he lost only three games in 2 years. 

Career Summary

Zion Williamson attended Spartanburg Day School, where he was greatly involved in the varsity basketball program. The growth spurt he experienced between 8th and 9th grade where he grew as tall as 6 feet 3 inches, was greatly beneficial for him. Before he began high school at Spartanburg Day School, he practised hard at the school’s gym and perfected his dunking skills. His first year of high school basketball was impressive as he received All-Region and All-State honours.

In his second year in high school, he added three more inches to his height and led his school to claim the South Carolina Independent School Association (SCISA) Region I-2A championship. He was then awarded the SCISA Region I-2A Player of the Year award. By his junior year, he was a national sensation as his highlight videos went viral. 

His performance that season earned him another SCISA Player of the Year award. He also competed in Adidas Nations camp, where he finished as MVP. His senior year at high school saw him lead his school to a third successive SCISA Region I-2A championship. At the end of his senior year, he was named South Carolina Mr Basketball and emerged runner-up in Mr Basketball USA. Right from his first year in high school, colleges have tried to get Williamson to commit to their programs. From 2015 to 2018 he received offers from Wofford College, Clemson University, University of North Carolina, University of Florida, University of South Carolina, and Duke University. 

In 2018, he finally committed to Duke University. At Duke University, Williamson spent one season playing college basketball. His performance during the season earned him several awards such as the ACC Player of the Year, Rookie of the Year, and ACC Athlete of the Year awards. In an injury he sustained during the season, his foot shot out of his Nike shoe and he slipped causing him to sustain an injury. The injury impacted heavily on Nike, as they lost much money in stocks. Though Williamson was one of three top recruits in the Duke University squad, they couldn’t win the NCAA tournament as they lost to the Michigan State in the Final of the East Regional.

Zion Williamson Dunks
Photo: USATSI

In June 2019, Williamson entered the 2019 NBA Draft and was selected as the top pick by the New Orleans Pelicans. He then signed a two-year deal worth $20 million. As a result of a meniscus injury, he had to wait until January 2020 to debut in the league. In the first few months following his debut, he emerged as the only teenager in the NBA, to record more than 20 points in 10 successive games. 

Career Highlights

Here are some of the best of Zion Williamson’s career highlights.

  • Consensus National College Player of the Year (2019)
  • Consensus first-team All-American (2019)
  • Wayman Tisdale Award (2019)
  • Karl Malone Award (2019)
  • ACC Athlete of the Year (2019)
  • ACC Player of the Year (2019)
  • ACC All-Freshman team (2019)
  • First-team All-ACC (2019)
  • ACC Rookie of the Year (2019)
  • ACC Tournament MVP (2019)
  • McDonald’s All-American (2018)
  • Jordan Brand Classic (2018)
  • Nike Hoop Summit (2018)
  • South Carolina Mr. Basketball (2018)

Zion Williamson Net Worth in 2020

Zion Williamson’s net worth is valued at $8 million in 2020. Such a huge net worth for a player in the final days of his teenage years is unsurprising as he has proved to be a star, which has brought lots of financially rewarding offers to him, from lucrative NBA contracts to sponsorship deals with top brands. A sensation in the US, top brands are seeking to attach themselves to him.

The 2019 Nike shoe incident which led him to suffer injury speaks volumes to the influence the young man has on the public. Nike suffered heavily for his injury as it was a Nike shoe that caused the injury. Nike lost $1.1 billion in the stock market, days after Williamson’s injury. This gives insight into the influence, young Williamson wields. With future earnings, which is bound to increase and more endorsement deals, Williamson’s net worth is bound to rise.

Zion Williamson Salary in 2020

For the 2019/20 season, Zion Williamson will receive $9,757,440. According to HOOPSHYPE, his $9.7 million salary ranks him as the 127th top paid athlete and 47th top paid forward in the NBA this season. For the 2020/21 season, his salary could rise as much as $10,245,480, which will rank him as the 108th best-paid player and 41st best-paid forward in the NBA next season. According to Forbes, Zion Williamson is the 57th Highest-Paid Athletes (salary/winnings plus endorsements) in the world as of 2020.

Contract

YearSalary
2019$9,757,440
2020$10,245,480
2021$10,733,400
2022$13,534,817

Zion Williamson Endorsements & Sponsorships

Following a tough battle with Adidas and Puma, Nike signed the 2019 top NBA draft on a 7 years deal which will see him earn about $75 million during the lifetime of the deal. He signed with the Air Jordan Brand subsidiary of the top Athletics manufacturer company. His deal with Nike is the biggest since, LeBron James 2003 $90 million deal with Nike. He also has other deals with Mountain Dew, 2k Sports, and Gatorade. Most of these deals will see him earn more than his salary in 2020.

Zion Williamson Luxury Lifestyle

Houses

Zion Williamson is currently in the first year of his $20 million deal with the New Orleans Pelicans. With more money to earn from the endorsement, he has lots of cash to spare. But the young star has not made any luxurious house purchase known to the media as at the time of publication. In the near future, it will come as no surprise if he chooses to follow the path of top NBA stars, who have purchased mansions in some of the high-end neighbourhoods in the US. 

Cars Collection

Zion Williamson owns a Jaguar F type car. 

Lessons from Zion Williamson’s Wealth, Success & Fame

Now that you know the interesting story about Zion Williamson’s rise to fame, his wealth, and how he became successful, here are 2 incredible lessons from the American Basketball Player.

1. Train Hard

The success Zion Williamson currently enjoys is a result of the years of training he has had, which has perfected his skills. Those years of training dates back to when he was just 9. His training helped him develop his amazing dunking skills for which he became a national sensation.

2. Associate with experienced individuals in your field

Zion Williamson’s success will not have been possible without his mother’s coaching and step father’s training. The effort of both parents helped him build his skills, especially his skills as a point guard.

Summary

In 2020, Zion Williamson’s net worth is valued at $8 Million. The source of his wealth is majorly from his profession as a professional American Basketball player. Williamson’s salary for the 2019/20 season is $9,757,440.

Conclusion

Aspiring athletes seeking to succeed must take in hours of training and seek knowledge and experience of older athletes to develop their skills. 

Finally, what are your thoughts on Zion Williamson’s net worth? Feel free to share with us in the comments section below.

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