With his earnings as a professional basketball player and his brand advertising, Lamar Odom has amassed a net worth of $30 Million as of 2022.
Lamar Joseph Odom is an American basketball player who spent most of his professional career with the ‘National Basketball Association’ (NBA) team ‘Los Angeles Lakers’.
He was one of the key figures in the team’s consecutive ‘NBA Championship victories’ in 2009 and 2010. He was raised by his grandmother and had a difficult childhood, but his talent on the court was unmistakable. When he was in high school, he was named national player of the year by ‘Parade’ magazine.
During his college years, he was named ‘All-Conference’ in the only season he played in the ‘Atlantic 10 Conference’. He made his NBA debut with the Los Angeles Clippers and was named to the NBA All-Rookie Team.
During his career, he also wore the jerseys of the ‘Miami Heat’, the ‘Dallas Mavericks’ and the Spanish club ‘Laboral Kutxa Baskonia’.
His popularity increased when he married reality TV star Khloé Kardashian. He also appeared in the popular TV show ‘Keeping Up with the Kardashians’. He struggled with substance abuse problems throughout his life, which had a significant impact on his personal and professional life.
Today we’re going to discuss how much money Lamar Odom has and how he builds his net worth.
At the end of this article, we will also tell you how to get rich like Lamar Odom. So be sure to read to the end.
Lamar Odom Net Worth 2022
Lamar Odom has an estimated net worth of $30 Million in 2022. He was a forward for the Los Angeles Lakers and earned most of his income as a professional basketball player in the NBA and brand endorsement. In total, Lamar Odom earned $115 million in salary (before taxes) during his NBA career.
His average annual salary was reportedly over $8 million after he signed with the Lakers. The Lakers paid him $14 million during his best season in 2008-2009. While playing for the Los Angeles Lakers in the National Basketball Association (NBA), he was named the NBA Sixth Man of the Year in 2009 and 2010.
During his career as a basketball player, Lamar Odom received critical acclaim. He has been a professional basketball player since 1999 and played in the NBA until 2014. Odom has not only played for several teams, but also received many awards and accolades.
Odom played 15 seasons in the National Basketball Association, first with the Los Angeles Clippers and then with the Los Angeles Lakers. In 2014, Odom retired from all possible leagues.
To calculate the net worth of Lamar Odom, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as student loans and credit card debt, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$30 Million|
|Monthly Salary:||$0.5 Million+|
|Annual Income:||$8 Million+|
|Source of Wealth:||Basketball player, Actor|
Lamar Odom Net Worth Last 5 Years
|Net Worth 2022:||$30 Million|
|Net Worth 2021:||$25 Million|
|Net Worth 2020:||$21 Million|
|Net Worth 2019:||$20 Million|
|Net Worth 2018:||$18 Million|
How Did Lamar Odom Build His Net Worth?
Lamar Odom’s income comes primarily from professional basketball salaries and partially from brand advertising.
The former Los Angeles Lakers star is still worth a multi-million dollar fortune, even after his divorce from Khloé Kardashian and time off the court have taken their toll.
Let’s take a closer look at how Lamar Odom built his net worth of $30 Million in detail.
How Much Money Does Lamar Odom Make Money As a Professional Basketball Player (NBA)?
First, Lamar Odom made more than $25 million from being a Professional basketball player. He was selected by the Los Angeles Clippers with the fourth pick in the 1999 NBA Draft. He had a successful time with the team, but was suspended twice for violating the NBA’s drug policy.
The second time, he admitted to using marijuana. In 2003, he was a free agent until the Miami Heat made him an offer.
He played the 2003-04 season for the Miami Heat as a starting forward. He averaged 13.1 points per game and 9.7 points in rebounds as the Heat finished 4th in the playoffs. At the end of the season, Odom was traded to the Los Angeles Lakers along with Caron Butler and Brian Grant for Shaquille O’Neal.
Despite suffering a left soldier injury at the end of his first season with the Lakers, he averaged an impressive 15.2 points per game. He proved consistent in the following three seasons, scoring back-to-back triple-doubles against the ‘Golden State Warriors’ and the ‘Portland Trail Blazers’ in April 2006. He also played an important role in helping the Lakers reach the NBA Finals in 2008.
He sat on the bench for most of the 2008-09 season, as he was out of shape when he participated in pre-season training camp. Despite initial reservations, he embraced his new role as the Lakers’ sixth man. After the season, he turned down an offer from Miami and stayed with the Lakers.
The 2008-09 and 2009-10 seasons proved to be the best of his career. He was instrumental in the Lakers’ consecutive NBA championship wins, averaging 11.3 and 10.8 points per game in the 2008-09 and 2009-10 seasons, respectively. He remained with the Lakers for one more season before being traded to the Dallas Mavericks.
Odom’s experience with the Mavericks was anything but positive. He returned to the Clippers for the 2012-13 season, but scored a meager 4.0 points per game.
In 2014, he played two games for ‘Spanish League’ team ‘Laboral Kutxa Baskonia’, which would be his last games in his professional career. After returning to the USA, he signed with the New York Knicks, for whom he did not play a single game.
In December 2018, he joined the Philippine club ‘Mighty Sports’. ‘Mighty Sports’ plays in several domestic leagues and tournaments.
He represented his country in the 2004 Summer Olympics and the 2010 FIBA World Championships, where he won the bronze and gold medals, respectively.
How Much Money Does Lamar Odom Make Money From Businesses?
Second, Lamar Odom makes a lot of money from his own business. He founded Rich Soil Entertainment, which specialized in music and film production. Charles Barkley and Lamar Odom appeared in a Taco Bell commercial during Super Bowl XLIV. Odom also starred in the second season of the HBO television series Entourage.
How Much Money Does Lamar Odom Make Money From TV Shows?
Third, Lamar Odom makes a lot of money from reality TV shows. He was also a regular on E!TV ‘s reality show ‘Keeping Up with the Kardashians.’ He and his then-wife Khloé also appeared in their own show titled ‘Khloé & Lamar,’ which premiered on April 10, 2011. The show was canceled after two seasons. Odom said that the constant filming wore him down.
How Much Are Lamar Odom’s Cars Worth?
Lamar Odom owns a lot of cars and his collection is quite impressive. Among the cars Odom owns are Lexus, Mercedes, Ford, Toyota, etc. His fans often see him behind the wheel of his cars.
This video shows the car collection of Lamar Odom.
What Houses Does Lamar Odom Own?
In 2003, Odom paid a little less than $3 million for an 8,557-square-foot home in Pinecrest, Florida, a suburb of Miami. He kept the mansion after being traded by the Miami Heat, renting it for $20,000 a month.
Despite his efforts, he failed to sell the house. The house was listed for $5.2 million in April 2017, then dropped to $4.5 million and finally to $4.1 million.
In October 2017, Odom listed the house for $3.8 million, then lowered the price to $3.4 million in January 2018. One month thereafter, he advertised it for $3.6 million.
Odom (and Kardashian) sold their home together in 2014 for $5.499 million in Tarzana, California’s Mullholland Park neighborhood. Kaley Cuoco, star of the series The Big Bang Theory, bought the house.
Lamar Odom’s Awards & Achievements
‘Parade’ magazine named Lamar Odom ‘Player of the Year’ in 1997 for his outstanding performance for ‘St. Thomas Aquinas High School’. He was also named an All-American twice by ‘Parade’, in 1996 and 1997.
In 1999, he was named ‘Atlantic 10 Rookie of the Year’ and was a member of the conference’s first team.
In 2000, he was a member of the ‘NBA All-Rookie First Team’.
In the 2010-11 season, he was awarded the ‘NBA Sixth Man of the Year Award’.
Lamar Odom’s Childhood & Early Life
Lamar Odom was born on November 6, 1979, to Joe Odom and Cathy Mercer in South Jamaica, a residential neighborhood in the borough of Queens, New York City, United States. He grew up in the household of his maternal grandmother, Mildred Mercer, since his mother died of colon cancer when he was 12 years old. His father was a heroin addict.
Odom was transferred from one school to another because of his poor grades. He attended ‘Christ The King Regional High School’ in Middle Village, Queens, and ‘Redemption Christian Academy’ in Troy before attending the now defunct ‘St. Thomas Aquinas High School’ in New Britain, Connecticut.
He was initially coached in basketball by Jerry DeGregorio and as a teenager played alongside his future teammates Elton Brand, Ron Artest and Kobe Bryant.
After realizing that he was not yet ready to make himself available for the NBA draft, he enrolled at the ‘College of Nevada’ in Las Vegas. The college dismissed him in July 1997 amid several controversies, including accusations of solicitation.
In the same year, he began to study at the ‘College of Rhode Island’ but did not play a game for two semesters and a summer session. He then ushered in the Rams’ successful ‘A-10 Tournament’ campaign, averaging 17.6 points per game.
Lamar Odom’s Personal Life and Wife
Lamar Odom met fashion designer Liza Morales when they were both in high school. They went to college together and during the first phase of his career in the NBA, before separating in 2007. They have two children together, a daughter named Destiny (born in 1998) and a son named Lamar Jr. (born in 2002). Their third child Jayden (born 2005) died of sudden infant death syndrome (SIDS) when he was six and a half months old.
On August 30, 2013, he was arrested for driving under the influence (DUI). He pleaded guilty to the charges and received 36 months probation and three months treatment for alcohol abuse. He was also ordered to pay $1,814. There were also rumors of drug abuse, but Odom vehemently denied them.
After a month-long courtship, Odom married Khloe Kardashian on Sept. 27, 2009, at a private home in Beverly Hills. On December 13, 2013, she filed for divorce and restoration of her last name. The relevant papers were signed in July 2015.
Before the divorce could be finalized, Odom was found unconscious in a brothel called ‘Love Ranch’ in Crystal, Nevada, and was taken to a hospital. He was in a coma and was placed on life support. Kardashian stopped the divorce proceedings and stayed with her estranged husband until he fully recovered. On May 26, 2016, she filed for divorce again, which was finalized on December 17, 2016.
How Much Does Lamar Odom Make a Year?
According to some reports, Lamar Odom’s annual income is over $8 Million.
FAQs About Lamar Odom
How rich is Lamar Odom?
As per the record of media, Lamar Odom’s net worth is estimated to be around $30 Million in 2022.
How tall is Lamar Odom?
Lamar Odom is 2.09 m tall.
How old is Lamar Odom?
Lamar Odom was born November 6, 1979, in South Jamaica, New York, United States. He is 42 years old as of 2022.
Favorite Lamar Odom Quotes
Respect goes a long way when you carry yourself a certain way and show manners when you first meet someone. If you do that, then it’s hard for somebody not to like you.
We all have regrets, but the thing is to learn from life.
I’ve got a winner mentality, the mentality of a champion.
My mother and grandmother raised me. Queens raised me.
Negative publicity makes people forget your best times.
I don’t want a girlfriend because that means I’ve got a responsibility. I have a responsibility to call you. I have a responsibility not to be with another woman. I have a responsibility to be there on time when you need me.
I think it’s easy for people to say, ‘Because you do this, you must be this kind of person, vain or uptight or mean to people.’ People have a sense of who you may be because of the job you do. That’s unfair judgment.
Most people don’t want to get married. Being married, that’s a responsibility.
View our larger collection of the best Lamar Odom quotes.
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How To Become Rich Like Lamar Odom?
Lamar Odom did not become rich by luck. To become as rich as Lamar Odom, you have to work smart.
Successful people become rich because they take advantage of the opportunities that come their way. They are in the right place at the right time and take the right action.
Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.
Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.
You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.
If you seize this golden opportunity in time, you can become as successful as Lamar Odom one day.