Nets guard Kyrie Irving has amassed a fortune worth $90 million with his magician-like skills at hardwoods, with investments in sports, electronics and consulting.
He may be a controversial favorite kid, but Kyrie Irving has made quite a living throughout his NBA career. His skill and ability to finish at the rim make him a box office hit.
The former ROTY hit a shot at a shot in one of the best 2016 NBA Finals and helped the Cavaliers bounce back from a 3-1 deficit. After completing his tenure in Cleveland, Irving made headlines for his off-court antics.
During free agency in the 2019-20 season, Irving signed a four-year, $136 million contract with the Brooklyn Nets. In his three seasons with the Nets, the seven-time All-Star has only played 103 of 226 games, and this has even cost him $11 million on his contract.
Nonetheless, the former champion continues to make bank with his endorsements and investments, with an estimated net worth of $90 million.
kyrie irving top 6 investments
The Nets guard is currently on a $36 million contract as he enters the final season of his contract. As one of the most polarizing figures, Irving’s ability to make his mark in the arena is remarkable, making him one of the most marketable players for his brand.
On the same note, Irving has made several lump sum investments in his career. This includes many multi-billion dollar industries. It’s been a while since the former Cavaliers superstar advocated for veganism, and he even continues to invest in Beyond Meat, which is estimated at a reported $2.1 billion.
Kai also has stakes in wearable electronics giant Skull Candy, along with earnings from the iconic Uncle Drew character he created for Pepsi, the cola company.
Kyrie Irving is the NBA’s most undervalued investor.
In nine years, he achieved a net worth of $90 million.
Thread: Kylie’s 6 Best Investments pic.twitter.com/ANwi7FcP7J
— Andrew Petcash (@AndrewPetcash) March 10, 2022
The Nets pay Kyrie a lot of money.
He is currently on a four-year, $136.5 million deal.
Before NY changed its mandate, Kyrie was losing $381,200 for each game he didn’t play.
— Andrew Petcash (@AndrewPetcash) March 10, 2022
Kylie is reported to be making over $18 million a year from his endorsements.
Some of them are:
• Pepsi
• Footlocker
• East Bay
• Nike
•PSD underwear
• 2K Sports
• Skull candy
• Panini pic.twitter.com/mNTSYAWuQU— Andrew Petcash (@AndrewPetcash) March 10, 2022
So how did Kylie amass such a fortune?
Kyrie’s 6 best investments 👇
— Andrew Petcash (@AndrewPetcash) March 10, 2022
5. Beyond Meat
Invested by Kyrie @beyond meat Just before going public three years ago.
He entered this round with the following members:
– DeAndre Jordan
– Chris Paul
– Maya Moore
– JJ ReddickThe stock has gone from $25 at IPO to over $200 in a year.
— Andrew Petcash (@AndrewPetcash) March 10, 2022
4. Uncle Drew
Kyrie owns a part of his fictional character “Uncle Drew”.
He’s getting kickbacks from Pepsi along with his 2018 movie Shinshin. pic.twitter.com/ZHjlzwlzQ6
— Andrew Petcash (@AndrewPetcash) March 10, 2022
3. Skull candy
A stake was also offered to Kylie in the 2016 partnership.
Less than a year later, @skullcandy Got bought out giving Kylie a nice payday.
— Andrew Petcash (@AndrewPetcash) March 10, 2022
2. Nike
Kylie makes between $5 million and $10 million a year @Nike.
His signature shoe line has generated enough royalty to support his family. pic.twitter.com/Gt7YKZijFL
— Andrew Petcash (@AndrewPetcash) March 10, 2022
1. KAI Eleven Consulting
A venture capital group that backs underrepresented entrepreneurs in many sectors.
Kylie’s first investment was a $500,000 seed investment in Fleeting, a black-owned commercial truck company.
— Andrew Petcash (@AndrewPetcash) March 10, 2022
Bonus) Kyrie’s Charity
Some philanthropic acts:
• Payment of tuition fees for nine college students
• Bought a house for George Floyd’s family
• Donated $300,000 to City Harvest
• Brought clean water to Pakistani villages
• $1.5 million for WNBA players pic.twitter.com/qvgkrKwMbz— Andrew Petcash (@AndrewPetcash) March 10, 2022
Also read: ‘Dwyane Wade, Kyrie Irving or Anthony Davis’: StatMuse reveals who LeBron James’ best teammates are
