Penny Hardaway Net Worth

Penny Hardaway is a retired American basketball player with a net worth of $50 million. Hardaway owned an incredulous fruitful and flourishing career playing for the New York Knicks and Phoenix Suns. Currently, he is leading the Memphis Tiger team as a head trainer.

Born on July 18, 1971, Hardaway was brought up by his motherly grandmother and got his beautiful nickname came as a result of his grandmother calling him “Penny”. He started playing high school basketball for Treadwell High School, in Memphis.

Penny Hardaway’s Net Worth (2024)

Net Worth:$50 Million
Profession:Basketball Player
Age:53 Years Old
Country:United States
Born:July 18, 1971
Salary:$3 Million
Last Updated:2024

Penny Hardaway‘s Net Worth Growth

Net Worth in 2024$50 Million
Net Worth in 2023$45 Million
Net Worth in 2022$40 Million
Net Worth in 2021$35 Million
Net Worth in 2020$30 Million

Early Life

He got an award for Parade Magazine where he averaged 36.6 points, 10.1 rebounds, 2.8 blocks, 3.9 steals, and 6.2 assists. He proceeded to higher studies at the University of Memphis. Penny was selected by the Golden State Warriors and entered his NBA career in 1993.


Penny Hardaway started his golden career with his selection by the Golden State Warriors. He was trafficked to Orlando Magic in 1993 where he started his career with MVP honor for the foremost Schick Rookie Game. He has an atrocious amusement talent too.

A basketball drama film, Blue Chips, highlighted Penny Hardaway and his mate Shaquille O’Neal as chief actors in 1994. He was the only incomparable NBA player who averaged 20 points and 5 assists.

In 1996, he won the gold medal in the Summer Olympics and equaled 9 points, 2.8 rebounds, and 4.4 assists. In 1998, he endured cruel knee injuries which needed surgery. Then, he was trafficked to Phoenix Suns in 1999.

There he equaled 16.9 points, 5.3 assists, and 5.8 rebounds but later on in the 2000-01 NBA season, he got two further surgeries. From 2004-06, he played for the New York Knicks and inked Miami Heat and was eventually released by this company in 2007.

Penny Hardaway Net Worth and Salary


Full NameAnfernee Penny Hardaway
DOB18 July 1971
Birth PlaceMemphis, Tennessee
Height6 ft 7 in
Weight88 kg
EducationTreadwell High School and University of Memphis
ParentsFae Hardaway, Eddie Gordon
SpouseMarry McDonnell
ChildrenJayden Hardaway, Latanfernee Hardaway
MoviesBlue Chips
TV ShowsVGX Award Show, This Magic Moment
Net Worth$50 Million
Salary$3 Million
Teams CoachedEast HS, Memphis

“There are a lot of people who came out of adverse situations and made it.”

Penny Hardaway

Penny Hardaway Social Media Profiles

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Penny Hardaway Career Earnings

YearEarningsSalary from
1998$8,505,000Orlando Magic
1999$9,000,000Phoenix Suns
2000-2003$10,130,000 – $13,500,000Phoenix Suns
2004-2005$14,625,000 – $15,750,000New York Knicks
2007$320,142Miami Heat
2014$11,250,000Phoenix Suns

Penny Hardaway Charity

Penny Hardaway does not possess his own foundation but he is no foreigner to contribute back to society. When working as a trainer at East HS, he worked out with the Desmond Merriweather Foundation to help the athletes exceed in their colleges too.


As of 2024, Penny Hardaway’s net worth is estimated to be $50 million and his salary is $3 million. Hardaway makes the maximum earnings from his professional basketball career. Through the Memphis Tiger contract, the overall earnings were $12 million. He earned $20 million from agreements.    

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