Carmelo Anthony’s Staggering Net Worth: Exploring the Basketball Star’s Financial Success

Carmelo Anthony Net Worth

An entire generation of young scorers and shooters can thank Carmelo Anthony, a former NBA star. After averaging such staggering scoring totals, Melo shot to fame overnight. If Melo had kept his prime form, he and one of his best friends, LeBron James, would have been neck-and-neck on the all-time scoring record. Despite the setback, he will always be remembered as a legend in the annals of basketball.

Melo scored 13.3 points per game on average last season and added 4.2 rebounds and 1 assist. His last chance at a title was with the Los Angeles Lakers, but they did not advance to the postseason. He won the scoring title, made it to the All-NBA team ten times, and was an All-Star.

With the United States Olympic team, Anthony earned three gold medals. Melo ended his NBA career at 9th all-time in scoring. Check out how much money he made in the NBA.

Carmelo Anthony Net Worth

Former NBA star Carmelo Anthony was born in Brooklyn and is now worth an estimated $160 million. His time spent with the New York Knicks is largely responsible for his notoriety. Anthony has made it to the NBA All-Star Game ten times and has been selected to the All-NBA First Team six times.

After 19 seasons and more than $262 million in compensation, Anthony announced his retirement from the NBA on May 22, 2023.

Carmelo Anthony: A Basketball Superstar and Endorsement Mogul

In the 2017–2018 season, Carmelo Anthony earned a record $26 million. The endorsements contribute an additional $9 million to his annual income. He signed a 5-year, $124 million deal with the New York Knicks.

Including his salary and endorsement deals, Carmelo Anthony made $33 million between June 2017 and June 2018. With only his NBA salary, Carmelo made $260 million.

Carmelo Anthony: A Champion on and Off the Court

Carmelo Anthony A Champion on and Off the Court

Anthony has given a lot to charity, including $3 million to Syracuse University for a basketball practice facility and $1.5 million to the Living Classrooms Foundation in 2006. Anthony worked as a spokesperson for Denver’s Family Resource Center and hosted Christmas parties for disadvantaged kids.

In 2004, after an earthquake devastated parts of the Indian Ocean, Anthony sent $35,000. He also pledged $3 million for the development of a new basketball practice facility to be named after him at Syracuse University. According to “The Giving Back 30 List of Largest Charitable Donations by Celebrities in 2006,” Anthony’s $4,282,000 in charitable contributions put him at #8 on the list.

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Carmelo Anthony’s Real Estate History: A Tale of Two Cities

In 2007, when Carmelo was a member of the Denver Nuggets and the local real estate market was at its height, he spent $12 million on a home with 21,000 square feet and roughly 6 acres of land.

In 2010, after the bubble had burst, he put the home up for sale for $9.5 million. Even though he lost roughly $6 million on the sale, he settled for $6.2 million. Carmelo purchased a new five-bedroom New York City condo for $11 million in 2015. In February 2020, he put the home up for sale on the market for $12.85 million.

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