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Home Basketball

Jeremy Lin Net Worth- Rise and Fall, 5 Fun Facts, Timeline

April 2, 2020
in Basketball
Jeremy Lin
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In the popular culture of basketball, one man that will always find his name is Beijing Ducks point guard, Jeremy Lin who is also known as Linsanity thanks to his 2012 exploits with the New York Knicks. The net worth of Jeremy Lin has been estimated at $36 million in 2020, but no one knows for how long this will remain as he continues to fall.

He started his career with the Golden State Warriors and later played for different NBA teams including the New York Knicks, Los Angeles Lakers, and Toronto Raptors with which he won the NBA before moving to the China Basketball Association where he plays for the Beijing Ducks.

Having played in different teams and leagues and making a name for himself, Lin has also amassed a great fortune for himself. Here is a look at his fortune.

Table of Contents

Toggle
  • What is Jeremy Lin’s Net Worth in 2020?
  • Summary of his salary
  • How did he rise and fall so fast?
  • 5 Fun Facts
    • 1. Jeremy Lin is the first Asian-American to win the NBA
    • 2. He was brought up a Christian
    • 3. His parents are not tall
    • 4. Jeremy Lin is from a family that loves basketball
    • 5. Did he date Kim Kardashian?
  • Timeline

What is Jeremy Lin’s Net Worth in 2020?

The net worth of Lin has been estimated at $36 million as earlier stated. He made his fortune mainly from his career which spanned for over a decade since 2010 when he signed for the Golden State Warriors.

His first deal with the Warriors earned him a salary of $500,000 guaranteed for the first five years. In 2011, he moved to the Knicks where he led them to a great turnaround, earning himself the nickname of Lintastic and then a $25 million 4-year deal with the Houston Rockets.

Jeremy Lin spent 2 years with the Rockets before moving to Los Angeles Lakers in 2014 where he was offered a salary of $14 million. In 2015, he joined the Charlotte Hornets.

In 2016, he signed a $38.3 million deal of three years with the Brooklyn Nets. With the Atlanta Hawks, he got a salary of $11 million in the 2017/2018 season and then with the Toronto Raptors, which was the last NBA team he played for before moving to China, his salary was over $600,000.

Lin has also made millions from the numerous endorsement deals he has had with brands such as Volvo, Nike, and Adidas. He has also recorded millions from appearances in Asia.

Summary of his salary

SEASON TEAM SALARY
2018/19 Toronto Raptors $697,358 ($708,853*)
2018/19 Atlanta Hawks $11,819,388 ($12,014,228*)
2017/18 Brooklyn Nets $12,000,000 ($12,548,084*)
2016/17 Brooklyn Nets $11,483,254 ($12,203,881*)
2015/16 Charlotte Hornets $2,139,000 ($2,295,903*)
2014/15 Los Angeles Lakers $14,898,938 ($16,011,624*)
2013/14 Houston Rockets $5,225,000 ($5,731,581*)
2012/13 Houston Rockets $5,000,000 ($5,580,992*)
2011/12 New York Knicks $762,195 ($864,917*)
2010/11 Golden State Warriors $473,604 ($556,558*)
Total $64,498,737 ($68,516,621*)

*His current salary with Beijing Ducks is not known.

How did he rise and fall so fast?

Linsanity has enjoyed a rather good career. In 2010, he was not drafted and so he considered quitting basketball altogether to look for another career path. However, following a significant Summer League performance, he was offered a deal with the Warriors, marking the start of his rise.

In 2012, the New York Knicks struggled with games and found it hard to win games having lost 11 out of 13 games. He charged the team for a shocking turnaround and winning streak that changed his career entirely. His jersey became one of the highest-selling in the entire league and that also helped him to get good endorsement deals.

In that year alone, Jeremy Lin recorded a net worth of $170 million.

Unfortunately, he has not replicated the same as the years continued to roll, hence his fortune has continued to decrease. He still managed to clinch the NBA title in 2019 with the Raptors.

5 Fun Facts

Jeremy Lin Family
Jeremy Lin, his parents, and brothers (Image Source)

1. Jeremy Lin is the first Asian-American to win the NBA

The star was born Jeremy Shu-How Lin on August 23, 1988, to Gie-ming and Shirley who moved to the United States from Taiwan. He also has his lineage from mainland china.

In 2019, he made his after he won the NBA championship with the Toronto Raptors, making it the first time that anyone of Asian-American descent would record such a feat.

2. He was brought up a Christian

It was in a Christian family that Lin was brought up in Palo Alto, California and he continued practicing the faith. While he was at Harvard where he had his education, he was a leader in an Asian American Christian Fellowship.

3. His parents are not tall

While he has a height of 6 feet 3 inches, Jeremy Lin’s parents are not tall. They are both only 5 feet 6 inches. He got his height from his maternal side of the family.

See Also: Nate Diaz Net Worth- See How He Makes And Spends His Fortune

4. Jeremy Lin is from a family that loves basketball

Lintastic has two brothers, an older one and a younger brother. All the boys are in love with basketball. They were taught the sport by their father since they were little. Lin also got encouragement from his mother.

His older brother, Josh did not play the sport professionally but his younger brother, Joseph Lin plays for the Fubon Braves in Taiwan.

5. Did he date Kim Kardashian?

There was once the rumor that the basketball star was in a relationship with Kim Kardashian before she met and got married to Kanye. Lin put the matter to rest after he said they were not in a relationship.

Timeline

Jeremy Lin

Jeremy Lin

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