Michael Beasley Net Worth: Michael Beasley is an American professional basketball player with a net worth of over $10 million. He has played for the Miami Heat, Houston Rockets, Minnesota Timberwolves, and other NBA clubs.
He got an $18 million contract with the Phoenix Suns in 2012. Beasley also generates revenue via sponsorships, participation in the media, and endorsements. He also competes in international competitions and championships, including the Chinese Basketball Association.
Michael Beasley’s Net Worth (2024)
| Net Worth: | $10 Million |
| Profession: | Professional Basketball Player |
| Age: | 35 Years Old |
| Country: | United States |
| Born: | January 9, 1989 |
| Salary: | $3.5 Million |
| Last Updated: | 2024 |
Michael Beasley’s Net Worth Growth
| Net Worth in 2024 | $10 Million |
| Net Worth in 2023 | $9 Million |
| Net Worth in 2022 | $8 Million |
| Net Worth in 2021 | $7 Million |
| Net Worth in 2020 | $6 Million |
Early Life
On January 9, 1989, Michael Paul Beasley Jr. was born in Cheverly, Maryland to his parents, Fatima Smith and Michael Beasley Sr. Michael has four siblings, Leroy Ellison, Malik Smith, Mychaela Beasley, and Tiffany Couch.
He relocated to Fredrick with his family in 2005 and stayed for just a year, but his mother died of cancer in 2018. He went to a variety of schools, including Bowie High School in Bowie, Maryland, and National Christian Academy in Fort Washington, Maryland, to mention a few.
Career
Since his boyhood, Michael has had a strong interest in basketball. He started out playing basketball in high school and has never looked back. He won many national championships while playing for the PG Jaguars.
He was a member of the United States of America Men’s Under 18 national team in 2006, and he was also named to the second team parade All-American. He was included among the top high school basketball prospects in 2007.
He began his collegiate career with Kansas State in 2007 and was widely regarded among the country’s finest formidable players. He finished second in NCAA history amongst freshmen with 866 points.
In the 2008 NBA Draft, the Miami Heat selected him as the pick of the draft. In a battle against the Memphis Grizzlies during the 2009-10 season, he set a career-high with 30 points. The Minnesota Timberwolves acquired him in a trade-in in 2010.
He scored 11.5 points per game throughout the same season. He joined the Phoenix Suns in 2012 on a three-year deal. Beasley was detained on charges of possession of marijuana the next year, and he was freed by them.
In 2013, he rejoined the Miami Heat and assisted them in reaching the NBA finals. And is now a free man in 2016, he joined the Shandong Golden Stars. In the first game of the season, he scored 48 points.
He went on to play for the Houston Rockets, Milwaukee Bucks, Los Angeles Lakers, and Guangdong Southern Tigers, among other teams. The Los Angeles Lakers recruited Beasley in 2018.
He was out for the majority of the first half of the season due to his mother’s illness. The Guangdong Southern Tigers agreed to sign Beasley in 2019. When he tested positive for COVID-19 in 2020, however, his agreement was canceled.
For the 2021 NBA Summer League, Beasley joined the Portland Trail Blazers. He joined the Baloncesto Superior Nacional’s Cangrejeros de Santurce team. Keeping in view his career, the net worth of Michael Beasley is estimated at $10 million.
Legal Issues
Beasley was in an incident with fellow rookies Mario Chalmers and Darrell Arthur at the NBA’s Rookie Transition Program in 2008. Upon a smoke alarm at 2 a.m. Police went to Chalmers and Arthur’s hotel room, claiming that the room smelled strongly of burnt marijuana.
But still, no marijuana was discovered, and no charges have been laid. After confessing to game officials that he had slid out the backdoor as the cops came, Beasley was penalized $50,000 by the NBA later that year for his role in the event.
Beasley is said to have entered a Houston recovery facility in 2009. It’s unclear whether the rehabilitation was for drugs or for stress-related concerns. Beasley was caught speeding by a police officer in the Minneapolis neighborhood of Minnetonka in 2011.
A plastic bag under the front seat of the car was purportedly discovered by the officer. As a result, Beasley was penalized and issued a summons. Beasley was detained in Scottsdale, Arizona in 2013 on allegations of possession of marijuana.
After no sufficient evidence was shown in a sexual assault case alleging Beasley from 2013, the case was withdrawn in 2014. For breaking the NBA’s anti-drug policy, he was suspended for five games in 2019.
About
“If you’re only using 10 percent of your brain, you don’t even know that you’re using 10 percent of your brain.”
– Michael Beasley
Michael Beasley Social Media Profiles
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Personal Life
Beasley has not yet been married, but he and his girlfriend, Kaleila Pufolkes, stay together. Mikaiya and Michael III, their two lovely kids, were born to them as a pair. He currently resides in California with his family.
Honors and Achievements
In his long and successful career, Michael Beasley has earned several honors. He is one of only two players in Kansas State history to be named to the Associated Press first-team All-America squad.
He is the sixth player in school history to be named to one of the organization’s 3 All-America teams. He was also voted to the McDonald’s All-American squad and received the All-American MVP Award during his final year.
In 2008, Beasley was named to the All-American team for the John R. Wooden Award. He was named Big 12 Player of the Year and Freshman of the Year all at the same time. Beasley was the league’s first Freshman of the Year and the twelfth overall Rookie since 1970.
Summary
As of 2024, Michael Beasley’s net worth is estimated at around $10 million. He makes his maximum earnings in his professional basketball career in the form of salary and brand endorsements. He signed an $18 million contract with the Phoenix Suns for three years in 2012.
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