Eric Bledsoe’s net worth is estimated to be around $55 million. He’s a professional basketball player known for his time in the NBA, playing for teams like the Los Angeles Clippers and the Milwaukee Bucks. Bledsoe has made a name for himself with his strong skills on the court and impressive performances.
Over the years, he’s earned significant income from his basketball contracts and endorsements. His financial success reflects not just his talent but also smart decisions in managing his earnings. Fans often wonder how athletes like Bledsoe build their wealth and what factors contribute to their financial standing.
Overview
Eric Bledsoe’s net worth is estimated at $55 million. His wealth comes mainly from his career as a professional basketball player in the NBA, where he played for 12 seasons. Over this time, he earned approximately $130,652,507 from various contracts.
Bledsoe’s highest annual salaries occurred while playing for the Milwaukee Bucks and the New Orleans Pelicans, earning between $15 million and $18 million each year. Notably, he signed a four-year contract with the Milwaukee Bucks in 2014 worth around $70 million.
Even after not playing in the NBA since the 2021-22 season, Bledsoe continues to receive an annual salary of $1.3 million from the Portland Trail Blazers due to a stretched cap hit. This arrangement lasts until the end of the 2024-25 season.
Bledsoe’s financial success also stems from smart management of his earnings and endorsements throughout his basketball career.
Wiki Biography
Detail | Information |
---|---|
Full Name | Eric Bledsoe |
Born | December 9, 1989 |
Birthplace | Birmingham, Alabama |
Parents | Eric Bledsoe Sr., Maureen Reddick |
Marriage Date | July 1, 2017 |
Spouse | Morgan Poole |
Children | Three |
NBA Career Overview
- Draft Year: 2010
- Draft Pick: 18th overall by the Oklahoma City Thunder
- First Team: Los Angeles Clippers
- Other Teams Played For: Phoenix Suns, Milwaukee Bucks, New Orleans Pelicans
Contracts and Earnings
- Rookie Contract: Four-year deal worth $7.4 million with the Los Angeles Clippers.
Notable Contracts:
- Five-year contract valued at $70 million with the Phoenix Suns in 2014.
- Four-year deal with the Milwaukee Bucks featuring $54.5 million guaranteed.
- Total earnings from contracts: Approximately $130.7 million over his career.
- Highest annual salaries ranged from $15 million to $18 million during his time with the Milwaukee Bucks and New Orleans Pelicans.
- Continues to earn an annual salary of $1.3 million from the Portland Trail Blazers due to a stretched cap hit until the end of the 2024–25 season.
Early Life and Career Beginnings
Eric Bledsoe was born on December 9, 1989, in Birmingham, Alabama. His mother, Maureen Reddick, worked hard at multiple jobs to support Eric and his two siblings. This dedication played a big role in shaping Eric’s early life. He showed a strong commitment to basketball from a young age.
Bledsoe became a top player during high school and earned the title of a five-star recruit. Despite some controversy over allegations of altered grades for NCAA eligibility, the NCAA closed the investigation without taking any action against him.
In 2010, Bledsoe was selected by the Oklahoma City Thunder as the 18th pick in the NBA Draft. However, he was quickly traded to the Los Angeles Clippers. He started his professional career with the Clippers and also spent time in the NBA Developmental League before becoming an important player in the league.
Family and Education
Eric Bledsoe was born on December 9, 1989, in Birmingham, Alabama. He grew up in a family with his mother, Maureen Reddick, who worked multiple jobs to support him and his two siblings. They faced challenges but remained close-knit. In 2017, Eric married Morgan Poole. Together, they have three children.
For education, Eric attended Parker High School in Birmingham. He became a five-star recruit during his time there due to his impressive basketball skills. There were allegations that his grades were changed for NCAA eligibility; however, the NCAA closed its investigation without any consequences.
After high school, Eric played one season at the University of Kentucky before entering the 2010 NBA Draft. His strong performance helped him get selected by the Oklahoma City Thunder as the 18th pick but was quickly traded to the Los Angeles Clippers to start his professional career.
Professional Career
Eric Bledsoe’s Professional Career in basketball began when he was drafted by the Oklahoma City Thunder with the 18th pick in the 2010 NBA Draft. He quickly got traded to the Los Angeles Clippers, where he played for several seasons. During his time with the Clippers, he also spent some time in the NBA Developmental League.
In July 2013, Bledsoe moved to the Phoenix Suns as part of a three-team trade that included the Clippers and the Milwaukee Bucks. In 2014, he signed a five-year contract worth $70 million with Phoenix. While playing for the Suns, injuries impacted his performance. He suffered a torn meniscus in 2015 and dealt with knee soreness in 2017.
Bledsoe joined the Milwaukee Bucks on November 7, 2017, after being traded for Greg Monroe and draft picks. His time with Milwaukee marked another important chapter in his career as they aimed for success during their playoff runs.
Throughout Eric Bledsoe’s career, he demonstrated strong skills on both ends of the court. His ability to score points and assist teammates contributed significantly to each team’s performance during his tenure.
Net Worth and Income Streams
Eric Bledsoe’s net worth varies based on different sources. As of 2024, estimates place his wealth between $55 million and $130,652,507. This net worth includes earnings from his time in the NBA, endorsements, and real estate investments.
Basketball Salaries
Eric Bledsoe earned most of his money through NBA contracts. Here are some key points:
- He signed a four-year contract with the Milwaukee Bucks in 2014 for about $70 million, with approximately $54.525 million guaranteed.
- His total career earnings from NBA contracts amount to around $130 million, according to various reports.
Current Salary
As of the 2023-24 season, Eric Bledsoe receives a salary from the Portland Trail Blazers despite not playing in the NBA anymore. His current salary stands at approximately $1.3 million, which he will continue to receive until the end of the 2024-25 season due to a stretched cap hit.
Bledsoe’s financial success comes not only from basketball but also from smart investments and endorsements.
Business Ventures and Investments
Eric Bledsoe’s business ventures and investments play a significant role in his overall wealth. His net worth includes earnings from various sources beyond basketball.
- Basketball Contracts: Most of Bledsoe’s wealth comes from his NBA contracts. He signed a notable four-year contract with the Milwaukee Bucks in 2014 worth $70 million, which included approximately $54.5 million guaranteed.
- Endorsements: Bledsoe earns money through endorsements with major brands, such as Nike. These partnerships boost his income significantly and showcase his marketability as an athlete.
- Real Estate Investments: Bledsoe has invested in real estate by purchasing multiple properties across the United States. This strategy adds to his assets and helps grow his net worth over time.
Eric Bledsoe combines earnings from basketball contracts, endorsement deals, and real estate investments to build a strong financial foundation.
Age, Weight, and Height
Eric Bledsoe is 34 years old as of 2024. He was born on December 9, 1989.
- Weight: 195 lbs (88.5 kg)
- Height: 6 feet 1 inch (1.85 meters)
Bledsoe’s age reflects his extensive experience in professional basketball. His weight supports his agility on the court, while his height provides him a competitive edge against other players in the NBA.
Spouse and Relationship
Eric Bledsoe is married to Morgan Poole. They tied the knot in 2017 and have built a family together. Here are some important details about his personal life:
- Spouse: Morgan Poole
- Children: Eric and Morgan are parents to two children.
- Education: He studied at the University of Kentucky, where he played basketball before starting his NBA career.
Their relationship remains strong, supporting each other throughout Eric’s professional journey in basketball.
Conclusion
Eric Bledsoe’s impressive net worth reflects not only his success on the basketball court but also his savvy financial decisions off it. With earnings from lucrative contracts and endorsements, he’s built a substantial portfolio that includes real estate investments. As he continues to navigate his post-NBA career, Bledsoe’s journey serves as an inspiration for aspiring athletes looking to achieve both professional and financial success. His commitment to family and community further highlights the importance of balance in life beyond sports.
Frequently Asked Questions
What is Eric Bledsoe’s net worth in 2024?
Eric Bledsoe’s estimated net worth ranges from $55 million to $130.6 million as of 2024, reflecting his earnings from his NBA career and endorsements.
Which teams has Eric Bledsoe played for in the NBA?
Bledsoe has played for several teams, including the Los Angeles Clippers, Phoenix Suns, Milwaukee Bucks, and New Orleans Pelicans during his 12-season career.
How much money has Eric Bledsoe earned from contracts?
Throughout his career, Bledsoe has earned approximately $130,652,507 from various contracts with different NBA teams.
What notable contract did Eric Bledsoe sign with the Milwaukee Bucks?
In 2014, he signed a four-year contract with the Milwaukee Bucks worth around $70 million, with about $54.525 million guaranteed.
Does Eric Bledsoe have any endorsement deals?
Yes, Bledsoe has endorsement deals with major brands like Nike that significantly boost his income and showcase his marketability as an athlete.
What investments has Eric Bledsoe made outside basketball?
Bledsoe has invested in multiple properties across the United States, enhancing his financial portfolio beyond basketball earnings.
When was Eric Bledsoe born and where is he from?
Eric Bledsoe was born on December 9, 1989, in Birmingham, Alabama.
Who is Eric Bledsoe married to?
Bldeso is married to Morgan Poole since 2017. They have two children together and maintain a supportive relationship throughout his basketball career.
How tall is Eric Bledsoe and what does he weigh?
Eric Bledsoe stands at 6 feet 1 inch (1.85 meters) tall and weighs approximately 195 lbs (88.5 kg), which contributes to his agility on the court.
Did Eric Bledsoe face any controversies during college?
Yes, there were allegations of altered grades for NCAA eligibility; however, the NCAA closed its investigation without taking action against him.