Stephon Marbury Net Worth (Money & Salary)
Stephon Marbury Net Worth (Money & Salary) October 9, 2024
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Stephon Marbury’s Net Worth, Salary, and Career Earnings
An American professional athlete, Stephon Marbury has a net worth of $40 million. Known as “Starbury,” he was a former NBA All-Star from 1996 to 2009. Post-NBA career, he played in China before becoming head coach for the Beijing Royal Fighters, winning three CBA championships.
Early Life
Born on February 20th, 1977, in Brooklyn, New York, Stephon Xavier Marbury displayed basketball talents from an early age. Raised in Coney Island, he excelled in high school basketball, earning the nickname “Starbury.”
He was recruited by the Georgia Tech Yellow Jackets, where he became their starting point guard. After one season, he reached the NCAA Tournament semi-final.
Career
Selected by the Milwaukee Bucks in the 1996 NBA Draft, Marbury was soon traded to the Minnesota Timberwolves. After an impressive rookie season, he was traded to the New Jersey Nets. His career saw moves to the Phoenix Suns and the New York Knicks.
Despite successes and All-Star status, Marbury’s time with the Knicks was marred by controversies with coaches, leading to banishments from the team. Ultimately, he ended his NBA career with the Boston Celtics after being bought out by the Knicks.
Transitioning to China in 2010, he played for various CBA teams, winning multiple championships with the Beijing Ducks.
Stephon Marbury played for the Beijing Fly Dragons for one season before officially ending his basketball career in 2019, when he became the new head coach of the Beijing Royal Fighters.
(Photo by Nick Laham/Getty Images)
Shoe Line
Stephon Marbury is famous for creating a shoe line that sold for under $15. The “Starbury” shoes aimed to provide low-income children with stylish basketball shoes.
Salary
Throughout his NBA career, Stephon earned over $150 million in salary before taxes and fees.
Financial Issues
Reports emerged in 2011 that Marbury was sued by Wachovia/Wells Fargo for $16 million due to a real estate investment deal. In 2012, he faced an additional $3 million lawsuit from Wachovia. Allegedly, Marbury personally guaranteed large loans linked to industrial real estate purchases and leases, some to US government agencies like the Social Security Administration.
Wachovia lent Starbury $1.7 million for a real estate deal in 2007. The US bank foreclosed the property in 2011 and sold it for $1.3 million, asserting over $1 million remaining unpaid by Marbury for interest and fees.
Controversy
In 2006, Marbury dismissed his personal chef, Thurayyah Mitchell, amid reports of an extramarital affair and allegations of sexual harassment within the Knicks organization. During the subsequent lawsuit, Marbury admitted to engaging in inappropriate activities outside a strip club in 2005 with a Knicks intern.
To silence Mitchell, allegations suggest Marbury offered $1 million in a “hush deal,” although she reportedly received only $600,000. When the payments ceased, she sued Marbury for sexual harassment, noting his inappropriate remarks related to her job as a chef.
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The data provided is for the years 2023 and 2024, with forecast data available for 2025, 2026, 2027, and 2028.
* This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Post Title: Stephon Marbury Net Worth (Money & Salary)
Last Updated: October 9, 2024
