Tracy McGrady has left an indelible mark on basketball history with his talent and drive. Known as one of the greatest NBA players of his time, he not only amassed fame on the court but also accumulated significant wealth.
In this article, we’ll take a closer look at Tracy McGrady net worth and explore how his NBA earnings, business ventures, and strategic moves contributed to his financial success.
Quick Facts
| Fact | Detail |
|---|---|
| Real Name | Tracy Lamar McGrady Jr. |
| Popular Name | T-Mac |
| Gender | Male |
| Birth Date | May 24, 1979 |
| Age | 45 |
| Parents | Melanise Willford |
| Siblings | N/A |
| Birthplace | Bartow, Florida, U.S. |
| Nationality | American |
| Ethnicity | African-American |
| Education | Mount Zion Christian Academy |
| Marital Status | Married |
| Spouse | Clerenda McGrady (m. 2006) |
| Children | 3, including Laymen Lamar |
| Dating | N/A |
| Net Worth | $70 million (2024) |
| Source of Wealth | Professional Basketball, Business Ventures |
| Height | 6 ft 8 in (2.03 m) |
What is the Net Worth of Tracy McGrady in 2024?
Tracy McGrady’s net worth in 2024 is estimated at $70 million. This wealth primarily comes from his illustrious NBA career, where he earned over $160 million in salary alone, and his subsequent business investments. Compared to peers, McGrady’s financial portfolio stands out as a testament to his success both on and off the court.
Related Figures in Basketball Wealth:
- Vince Carter
- Yao Ming
- Doc Rivers
- Juwan Howard
- Tyronn Lue
- Grant Hill
- Cuttino Mobley
- Steve Francis
- Reece Gaines
- Shaquille O’Neal
Explore other legends in basketball wealth by visiting our article on the wealthiest NBA players.
Tracy McGrady Wealth, Salary, and Finance Overview
How He Built a Successful Basketball Career
McGrady’s journey began in high school, where his talent caught the attention of scouts nationwide. He was a McDonald’s All-American and earned the title of Mr. Basketball USA. Drafted as the ninth overall pick by the Toronto Raptors in 1997, he quickly transitioned into an NBA star.
His performance soared with the Orlando Magic, where he secured two consecutive NBA scoring titles and cemented his legacy as one of the league’s premier players. His trade to the Houston Rockets brought new opportunities, where he played alongside Yao Ming and delivered iconic performances like scoring 13 points in 35 seconds against the San Antonio Spurs.
Financial Earnings During a Stellar Career
Tracy McGrady’s contracts were as remarkable as his gameplay. His six-year, $67.5 million deal with the Orlando Magic and later a $63 million contract extension with the Houston Rockets solidified his financial standing.
Even after his NBA tenure, McGrady’s foray into the Chinese Basketball Association with the Qingdao Eagles added to his income, where he reportedly earned significant sums while averaging stellar stats.
Significant Awards and Recognitions
From winning the NBA Most Improved Player Award in 2001 to being inducted into the Naismith Memorial Basketball Hall of Fame in 2017, McGrady’s accolades contributed to his marketability. These achievements boosted endorsement deals and kept him in the public eye, reinforcing his brand.
Strategic Business Investments and Ventures Post-Retirement
McGrady made wise investment choices after leaving professional basketball. He ventured into technology by investing in Dasdak and supported environmental sustainability through Blue-04, a water company. His involvement in a Minor League Baseball team (Biloxi Shuckers) exemplifies his strategic diversification.
His Role as an Analyst and Media Personality
After retiring from basketball, McGrady joined ESPN as an analyst. His deep understanding of the game and charismatic presence added a new dimension to his career, keeping his income streams active while reinforcing his relevance in the sports world.
Philanthropic Efforts and Contributions to Society
McGrady’s work extends beyond wealth accumulation. He spearheaded educational initiatives in Darfur refugee camps, linking these programs with American schools. His efforts reflect his commitment to giving back and creating a lasting legacy off the court.
FAQs about Tracy McGrady
What are his major NBA achievements?
He is a 7× NBA All-Star, 2× scoring champion, and was inducted into the Hall of Fame in 2017.
Did he have any iconic moments in his career?
Yes, one of his most memorable performances was scoring 13 points in 35 seconds to lead the Houston Rockets to a comeback victory.
What business ventures is he involved in?
He has investments in Dasdak, a technology company, and Blue-04, a water company.
What role does he play at ESPN?
He works as an NBA analyst, providing insights and commentary on professional basketball games.
How many children does he have?
He has three children with his wife, CleRenda Harris.
What philanthropic efforts has he undertaken?
He supports educational programs for Darfur refugee camps and engages in community-focused initiatives.
Where did he play internationally?
McGrady played for the Qingdao Eagles in the Chinese Basketball Association.
When did he retire from the NBA?
He officially retired in 2013 after a stint with the San Antonio Spurs.
What was his highest-scoring game?
He scored a career-high 62 points in a game against the Washington Wizards in 2004.
Who are his notable teammates during his career?
He played alongside Yao Ming, Grant Hill, and Vince Carter, among others.
Conclusion
Tracy McGrady’s financial journey showcases how talent, strategy, and dedication can transform a stellar career into lasting wealth. Share your thoughts, engage with others, or explore more on our website Save Barneys. Your interaction makes our work even more valuable!
