What is Chris Paul's net worth? Suns star was second-highest paid before pandemic reduction
Paul said of the Saturday night game's disappointment: 'We got to regroup, learn from this game, but it's over. We got to get ready for Game 6'
The Milwaukee Bucks and the Phoenix Suns showdown during the NBA Finals matchup on Saturday night, June 17, was attended by LeBron James. He was there to support Chris Paul, and in a way, return the favor; Paul had attended his first trip to the Finals in 2007.
"I'm proud as hell of CP. I'm here for CP," James said during the game. "He came to my first Finals appearance, and this is me giving it back to him, man. We support each other. We've been a brotherhood since we came into the league, and we're gonna ride and die with one another."
Paul, who is known to fans as CP3, has been part of the Suns since 2020 when Oklahoma City Thunder traded him and Abdel Nader to the Suns for Kelly Oubre Jr., Ricky Rubio, Ty Jerome, and Jalen Lecque.
Despite James’ courtside support, the Suns (and its fans) experienced disappointment. It was the Bucks that came away on top with a 123-119 victory to take control with a 3-2 lead. Suns star Devin Booker, who reportedly became the first player in Finals history to lose back-to-back games despite scoring 40 or more points in both contests, was asked by a reporter: “Obviously a really tough loss. Devin, how frustrated are you for Chris right now?” Booker responded with, “Next question, please.”
Asked how the Suns would handle their first elimination game of the postseason, Booker said, "Just embrace it." Paul added, "We knew this wasn't going to be easy. We didn't expect it to be. It's hard. Coach [Monty Williams] said it all year long, everything we want is on the other side of hard and it don't get no harder than this. So, we got to regroup, learn from this game, but it's over. We got to get ready for Game 6."
What is Chris Paul’s net worth?
As per Celebrity Net Worth, Paul has a net worth of $130 million. The Bleacher Report on June 3 reported that Paul has a $44.4 million player option – Basketball Insider reported his 2021-22 salary as $44,211,146 – which according to several sources, he intends to decline with hopes of “inking a new multiyear deal (perhaps in the $100 million range over three seasons).” NBC Sports further reported that if he opts out, Paul would be eligible for a three-year, $140,702,685 deal with the Suns or a three-year, $136,794,277 deal with another team. Forbes reported that his 2020-21 salary, before a reduction for the pandemic, was tied for the second-highest in the NBA.
According to Clutchpoints, the majority of Paul’s fortune comes from his NBA salary. In the summer of 2008, following his third season with the Hornets, Paul signed the first big deal of his career – a $63.6 million, four-year rookie extension with New Orleans that would take effect beginning in 2009-10. Paul was later traded to the Los Angeles Clippers in 2011. Paul later reportedly signed an extension with the Clippers amounting to $107.3 million over five years.
In 2017, Paul was traded to the Houston Rockets. The following year, the Rockets reportedly signed Paul to another max deal, worth $159.7 million over four years.
Aside from his basketball earnings, Paul also has a number of endorsement deals on the side. This includes contracts with Nike, Beyond Meat, Panini, Spalding, and of course, State Farm Mutual Auto Insurance. Forbes estimated that his endorsements amounted to $7 million per year. Forbes also reported that Paul holds equity stakes in Beyond Meat and WTRMLN WTR and has an interview show coming to Bloomberg Quicktake
As per Celebrity Net Worth, in April 2019, Paul paid $6.9 million for a mansion in Houston, Texas. He sold this home in January 2021 for $7.2 million. In 2012, Paul reportedly bought pop star Avril Lavigne's Bel-Air mansion for a little under $8.5 million. He sold this home five years later for $8.7 million. In 2015, Paul reportedly paid $9 million for a home in Calabasas, California. He sold this home as well in 2018 for $11 million. In May 2020, Paul reportedly paid $11.1 million for a home in the LA suburb of Encino.