Jonas Valanciunas Net Worth

Last Modified Mar 13, 2024 13:17 GMT
Jonas Valanciunas Net Worth
Jonas Valanciunas Image credits: Getty Images

Jonas Valanciunas is a Lithuanian professional basketball player who currently plays for the New Orleans Pelicans. The veteran center was drafted fifth overall by the Toronto Raptors in the 2011 NBA Draft.

Valanciunas has established himself as one of the best rebounders in the NBA, averaging 7.3 rebounds per game as a rookie. His talent and dedication did not go unnoticed, and in 2016, he re-signed with the Raptors on a lucrative four-year $64 million contract. In 2019, he was traded to the Memphis Grizzlies, where he played for two seasons.

In the 2022/23 season, Valanciunas joined the New Orleans Pelicans, where he has continued to showcase his skills. As of March 2024, the big man is averaging 13.2 points and 9.5 rebounds per game in the 2023/24 season.

NameJonas Valanciunas
Net Worth$35 million
Age31 years
ResidenceGermantown
PositionCenter
Marital StatusMarried
Source of WealthBasketball, Endorsements
Salary$15,067,500
EndorsementsUBER, Itty Bitty Ballers
Endorsement EarningsN/A
Jonas Valanciunas Net Worth
Jonas Valanciunas . Image credits: Getty Images

What is Jonas Valanciunas' Net Worth in 2024?

As of 2024, the Lithuanian basketball star boasts an impressive net worth of $35 million, a testament to his hard work, dedication, and financial savvy.

Jonas Valanciunas Salary

Valanciunas' substantial net worth is largely attributed to his lucrative NBA contracts. According to Spotrac, he signed a two-year $30,135,000 contract with the New Orleans Pelicans, including $30,135,000 guaranteed. Valanciunas will earn a base salary of $15,435,000 for the 2023/24 season.

Jonas Valanciunas Endorsements

Midway through the 2016-2017 season, GoDaddy teamed up with the big man to launch Itty Bitty Ballers, an ad campaign in which Valanciunas sold mini-figurines modeled after himself.

Furthermore, Valanciunas also has an endorsement deal with the renowned ride-sharing service, Uber. This collaboration highlights his widespread appeal and the trust brands place in his ability to represent their products and services effectively.

Jonas Valanciunas Investments

Valanciunas' financial acumen extends beyond his basketball career and endorsement deals. The NBA veteran has acquired shares in the BC Wolves through the "Basketball Holding Company," thereby becoming one of the club's investors. This strategic move demonstrates his forward-thinking approach to building a diverse investment portfolio and securing a stable financial future beyond his playing days.

Jonas Valanciunas Other Sources of Income

Jonas Valanciunas' primary sources of income stem from his basketball contracts, endorsement deals and investments. The Lithuanian center's substantial earnings are derived from his on-court performances and the lucrative deals he has secured with various brands and business ventures.

Jonas Valanciunas House

After finding a new NBA home in Memphis, Valanciunas decided to settle down by purchasing a luxurious abode in Germantown. The property acquisition cost the Lithuanian center $920k. The house consists of 4600 square feet of living space and has four bedrooms.

Jonas Valanciunas Cars

Despite his lavish lifestyle, Valanciunas remains grounded and practical, as evidenced by his choice of automobile. He is often seen driving a 1992 Audi 80, which he even brought to the National Team Camp, showcasing his humility and appreciation for simplicity.

Jonas Valanciunas Charity Work

Alongside his on-court achievements and business ventures, Valanciunas has actively engaged in charitable endeavors. His efforts primarily focus on improving the lives of youth by building facilities. He also supports sustainable programs, which are aimed at empowering young people through sports and recreation. One notable initiative is the Itty Bitty Ballers campaign, a marketing campaign featuring miniature figurines with a basketball theme.

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FAQ's on Jonas Valanciunas Net Worth

A. Jonas Valnciunas is 31 years old as of March 2024. 

A.  Jonas Valanciunas plays as the center for the New Orleans Pelicans in the NBA.

A. Jonas Valanciunas has played for three teams till date — Memphis Grizzlies, Toronto Raptors and the New Orleans Pelicans.

A. Jonas Valanciunas was drafted in the 2011 NBA draft. He was picked fifth overall by the Toronto Raptors.

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