Nets guard Kyrie Irving has built a fortune of $90M with his magician-like skills on hardwood, along with investments in sports, electronics and consultancy.
While he may be the favorite child of controversy, Kyrie Irving has made quite a living through his NBA career. The first choice in the 2011 draft, Uncle Drew, is box office, courtesy of his exceptional ball handling skills and ability to finish on the rim.
The former ROTY hit a shot of shots in one of the biggest NBA Finals in 2016, helping the Cavaliers come back from a 3-1 deficit. After his tenure in Cleveland, Irving made more headlines for his off-court antics, with his most recent being his anti-vaccination stance.
During his free agency in the 2019-20 season, Irving signed a 4-year $136M deal with the Brooklyn Nets. In his 3 seasons with the Nets, the seven-time All-Star has played only 103 of 226 games, even losing $11M on his contract.
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Nonetheless, the former champion continues to build a bank with his backing and investments, leading to an estimated net worth of $90M.
Kyrie Irving’s Top-6 Investments.
The Nets guard has $36M on his contract as he enters his final season. One of the most polarizing figures, Irving’s ability to gain a foothold in arenas is remarkable, making him one of the most marketable players for top brands.
With that in mind, Irving has made some one-time investments throughout his career, which has involved multi-billion dollar industries. It’s been a while now that the former Cavs superstar has been advocating for vegetarianism, even going so far as to invest in the company Beyond Meat, which is estimated to be worth $2.1 billion.
Kai also has a stake in wearables electronics giant Skull Candy, with his return for the iconic Uncle Drew character created with cola company Pepsi.
Kyrie Irving is the NBA’s lowest-rated investor.
In 9 years, he has amassed a net worth of $90M.
THREAD: Kyrie’s 6 Best Investments pic.twitter.com/ANwi7FcP7J
— Andrew Petcash (@AndrewPetcash) 10 March 2022
The Nets pay Kyrie well.
He is currently on a 4-year $136.5M contract.
Before NY changed its mandate, Kyrie was losing $381,200 per game for not playing.
— Andrew Petcash (@AndrewPetcash) 10 March 2022
Kyrie is said to earn over $18M annually from her ads.
Some of them include:
• Pepsi
• foot Locker
• East Bay
• Nike
• PSD underwear
• 2K Games
• skull Candy
• Panini pic.twitter.com/mNTSYAWuQU— Andrew Petcash (@AndrewPetcash) 10 March 2022
So how did Kyrie amass such a fortune?
Kyrie’s 6 Best Investments
— Andrew Petcash (@AndrewPetcash) 10 March 2022
5. Beyond Meat
Kyrie Invested @BeyondMeat Just before it went public 3 years ago.
He entered this round:
— Deandre Jordan
— Chris Paul
– Maya Moore
— JJ RedickThe stock rose from $25 in an IPO to more than $200 in a year.
— Andrew Petcash (@AndrewPetcash) 10 March 2022
4. Uncle Drew
Kyrie has partial ownership of her fictional character, “Uncle Drew”.
He earns a comeback from Pepsi with the 2018 film @uncledrewfilm, pic.twitter.com/ZHjlzwlzQ6
— Andrew Petcash (@AndrewPetcash) 10 March 2022
3. Skull Candy
Upon their partnership in 2016, Kyrie was also awarded an equity stake.
less than a year later, @skull Candy This was achieved by giving Kyrie a good payday.
— Andrew Petcash (@AndrewPetcash) 10 March 2022
2. Nike
Kyrie is earning $5-10M/yr @nike,
His signature shoe line pays enough royalty to set up his family for a lifetime. pic.twitter.com/Gt7YKZijFL
— Andrew Petcash (@AndrewPetcash) 10 March 2022
1. KAI Eleven Consulting
A venture capital group assists underrepresented entrepreneurs in many sectors.
Kyrie’s first investment was a $500,000 seed investment for Fleeting, a Black-owned commercial trucking company.
— Andrew Petcash (@AndrewPetcash) 10 March 2022
Bonus) Kyrie’s Charity
Some charitable work:
• 9 paid tuition for college students
• Bought a house for George Floyd’s family
• Donated $300,000 to City Harvest
• Brought clean water to a Pakistani village
• Provided $1.5M to WNBA players pic.twitter.com/qvgkrKwMbz— Andrew Petcash (@AndrewPetcash) 10 March 2022
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