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What is David Fizdale's net worth? LA Lakers hire former Knicks, Grizzlies coach as assistant

The move reunites Fizdale with LeBron James, whom Fizdale coached as a Heat assistant during James’ four seasons in Miami
PUBLISHED JUL 1, 2021
Head coach David Fizdale of the New York Knicks is set to join the LA Lakers (Photo by Gregory Shamus/Getty Images)
Head coach David Fizdale of the New York Knicks is set to join the LA Lakers (Photo by Gregory Shamus/Getty Images)

Former New York Knicks and Memphis Grizzlies head coach David Fizdale will join the LA Lakers as an assistant coach, multiple sources reported on Wednesday, June 30. This comes after the departure of Jason Kidd who spent the past two seasons on the Lakers’ bench as an assistant coach. The Mavericks and Kidd have finalized a deal to make him the next head coach in Dallas.

Fizdale previously worked for the Miami Heat with LeBron James during James’ four seasons in Miami. From 2008 until 2016, he worked as an assistant coach with the Heat under Erik Spoelstra, the NBA's second-longest tenured head coach. So this move reunites him with James.

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Fizdale coached the Knicks from 2018 to 2019, going 17-65 (.207) in his first season before being dismissed after a 4-18 start to his second. After being fired by the Knicks, the 47-year-old admitted to The Undefeated that he was "at the lowest place I’ve ever been from a mental health standpoint." With this new assignment in tow, here's what's to know about how much Fizdale is worth.

Head coach David Fizdale of the New York Knicks works the sidelines against the Denver Nuggets at the Pepsi Center on January 01, 2019 in Denver, Colorado (Photo by Matthew Stockman/Getty Images)

What is David Fizdale's net worth?

According to Player's Bio, Fizdale's net worth has been pegged at $20 million, as of 2021. The coach, who hails from LA, has a salary worth $10.2 million. This information is corroborated by other sites like Idol Net Worth, although Biography Mask pins it at $15 million.

However, Idol Celebs puts it even lower to $1.5 million - $5.5 million, so it is difficult to precisely put a finger on the NBA coach's earnings. However, it can be safely said that professional coaching is Fizdale's main source of income and he has amassed a sizable fortune throughout the course of his work.

Multiple sources verified to The Commercial Appeal that former Miami Heat assistant had signed a four-year contract worth around $10.2 million to become the Grizzlies' head coach, reported Hoopshype. Fizdale will get $2 million in his first two seasons and $3 million in his third. The Grizzlies have a $3.25 million team option for a fourth year. Fizdale was announced as the Griz's ninth head coach since the franchise relocated to Memphis on Tuesday, June 29, Fizdale has been an NBA assistant coach for the past 13 years.



 

Real Estate

Fizdale, a Los Angeles native had in July 2020 paid $2.25 million for a Mediterranean-style home in Calabasas, according to LA Times. Constructed within the ’90s, records suggest that this is nearly half a million less than the original asking price. The double-door entry and stairway are accented with wrought iron, and the family room features a bespoke fireplace and wet bar. A kitchen with a center island and a living area with vaulted ceilings are further noteworthy.

The two-storeyed house in Mountain View Estates, which is guard-gated, was recently remodeled and sits on a third of an acre. There are six bedrooms and 6.5 bathrooms in this 6,200 square foot home. A walled backyard with a verdant lawn, swimming pool, and spa is accessed by a column-lined terrace. Inside, modernized living rooms include elegant tones of black, white, and grey, and a clean white exterior and clay tile roof give the façade a Mediterranean air.

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