Jeremy Lin Net Worth: How Wealthy He Is?
Jeremy Shu-How Lin is a Taiwanese-American professional basketball player for the Chinese Basketball Association’s Guangzhou Loong Lions (CBA). During the 2011-12 season, he surprisingly led a winning turnaround with the New York Knicks of the National Basketball Association (NBA), sparking a cultural phenomenon known as “Linsanity.” Lin was the first American of Chinese or Taiwanese origin to play in the NBA, and he is one of the league’s few Asian Americans. He became the first Asian American to win an NBA championship in 2019, with the Toronto Raptors.
Lin grew up in the San Francisco Bay Area, where he was named Northern California Basketball Player of the Year as a senior. He entered Harvard University after receiving no athletic scholarship offers, where he was a three-time Ivy League all-conference player. Lin joined his hometown Golden State Warriors in 2010 after going undrafted out of college. He saw limited action in his debut season and was assigned to the NBA Development League (D-League). Lin was dismissed by both the Warriors and the Houston Rockets in 2011, before joining the New York Knicks early in the 2011-12 season.
Early Life and College Career
Jeremy Lin was born in Torrance, California in 1988 and raised in Palo Alto, California. Shirley and Genie-ming, Taiwanese immigrants, arrived in the United States in the 1970s, first staying in Virginia before attending college in Indiana. Lin has a younger brother, Joseph, and an older brother, Josh.
All three were taught to play basketball at the local YMCA by their father; Lin also participated in a National Junior Basketball program that his mother helped establish. Lin led his Palo Alto High School basketball team to a 32-1 record and the California Interscholastic Federation Division II state championship as a senior. He was voted first-team All-State and Northern California Division II Player of the Year in celebration of his achievements.
Lin had hoped to attend nearby Stanford University, but he was unable to do so because the school did not offer him a scholarship. Instead, he attended Harvard, where he was named to the All-Ivy League Second Team as a sophomore. Lin was the only NCAA Division I men’s basketball player ranked in the top ten of his conference for scoring, assists, and steals by his junior year.
As a result, he was unanimously selected to the All-Ivy League First Team. For his senior year, he was a unanimous choice for the same honor. Lin gained national notice after scoring a career-high 30 points against the Connecticut Huskies. He concluded his collegiate career as the Ivy League’s first player to record at least 1,450 points and 450 rebounds.
According to Celebrity Net Worth, Jeremy Lin has a net worth of $36 million as a retired American professional basketball player. He finished his career with the Beijing Ducks of the Chinese Basketball Association. He formerly played for the Los Angeles Lakers, Charlotte Hornets, Atlanta Hawks, Toronto Raptors, Houston Rockets, Brooklyn Nets, and New York Knicks in the NBA. Lin is the first American of Chinese or Taiwanese heritage to play in the NBA, as well as the first Asian-American to win an NBA championship.
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Lin made his debut as a starter for the Knicks in 2012 after teammate Baron Davis was sidelined. He went on to lead the Knicks to seven consecutive victories, ushering in a new era in sports.
Salary and Contracts
Golden State Warriors: $473,000 in 2011.
New York Knicks: $800,000 in 2012.
When “Linsanity” originally began in 2012, Jeremy Lin was in the second year of a two-year deal with the Golden State Warriors that had been acquired by the Knicks. Lin was a restricted free agent after the 2012 season, which meant he could accept offers from other clubs but the Knicks may match. At the time, NBA players with two years of experience were only eligible for $5 million in their third year of play, but after that, all bets are off.
He eventually signed with the Houston Rockets, where he played from 2012 to 2014 before being moved to the Lakers, Hornets, Nets, and Raptors. In June 2019, Jeremy and the Raptors won the NBA championship. He had earned $51 million from sponsorships alone during his career by that point.
Jeremy Lin signed his Nike contract as a relatively unknown member of The Golden State Warriors, hence the initial sum was little. Unfortunately for Lin, players in the NBA do not profit directly from jersey sales. Profits are shared and split equitably among teams and players by the league. Jeremy had the highest-selling jersey in the league at one point.
Lin aspires to be a pastor who can lead non-profit organizations both at home and overseas. He is a Dota 2 aficionado, having played the first game in the series since his sophomore year in high school. Lin founded his own professional Dota 2 team, J.Storm, in 2016. Joshua, his older brother, studied dentistry at New York University.