What is Tyrese Maxey’s Net Worth in 2024

Tyrese Kendrid Maxey is an American professional basketball player who plays as the starting point guard for the Philadelphia 76ers in the NBA. Born on November 4, 2000, in Dallas, Texas, Maxey comes from a family with a deep passion for sports. His father, Tyrone Maxey, previously a college basketball player, later pursued a career in coaching.

Maxey burst onto the basketball scene in 2018 when he led South Garland High School to their historic victory in the Texas State High School basketball tournament. He was recognized as a five-star recruit by his sophomore season. Following various college offers, Maxey eventually committed to the University of Kentucky in May 2018. He made a remarkable collegiate debut, setting a school record for freshmen with 26 points.

After two successful college seasons, Maxey was drafted by the Philadelphia 76ers 21st overall in the 2020 NBA Draft. Initially, Maxey didn't see much playing time in the NBA. He was often a bench player during the 2020-21 season. However, his fortunes took a significant turn in 2021 when a dramatic situation unfolded with Ben Simmons as he refused to play for the 76ers.

This caused off-court turmoil for the organization, yet, this unexpected turn of events turned out to be a blessing in disguise for Maxey. With Simmons absent, Maxey was given the opportunity to start, and he seized it with both hands. Night after night, he delivered breakthrough performances, proving his worth and demonstrating his potential as a standout player on the court.

During the 2022/23 season, Maxey maintained an impressive performance, averaging 20.3 points, 2.9 rebounds, and 3.5 assists per game. He showcased accuracy with a shooting percentage of 48.1% from the field, including an impressive 43.4% from beyond the 3-point line.

Tyrese Maxey Net Worth

According to online sources, Tyrese Maxey’s net worth is estimated at around $6 million as of February 2024. His primary income sources include his earnings from his NBA contract and endorsement deals with several prominent brands.

Tyrese Maxey Salary

According to Sportrac, Tyrese Maxey will earn $4,343,920 in the 2023-24 NBA season. He is currently on a four-year $12.1 million rookie scale contract with the Sixers which he signed on December 2, 2020. Maxey has already played three years under this contract, generating around $7.7 million for him.

Tyrese Maxey Endorsements

Maxey has multiple endorsements including – Tissot Watches, LG, Starry, and New Balance. However, no information is available about how much he earns from these partnerships.

Tyrese Maxey Investments

No information about Tyrese Maxey’s investments is available in the public domain as of 2024.

Tyrese Maxey Other Sources of Income

Besides his NBA contract and endorsements, no online information is available about any other revenue streams for Maxey.

Tyrese Maxey House

Maxey's current residence is situated in the picturesque New Jersey township of Voorhees. On the eve of Christmas in 2021, an unexpected incident occurred when a fire broke out in his Voorhees residence. Fortunately for him, the flames caused no harm to him or his family. In a heartwarming display of support, the 76ers organization extended their assistance, offering not only shelter, but also a range of invaluable resources to help Maxey and his family navigate through this challenging time.

Tyrese Maxey Cars

Maxey’s car collection remains unconfirmed as there are no official reports available on the matter. Although he has posted pictures with a Range Rover and Bentley on his Instagram.

Tyrese Maxey Charity Work

In 2021, Tyrese Maxey established the ‘Tyrese Maxey Foundation’, a non-profit organization headquartered in Garland, Texas. Guided by faith-based principles, its mission is to enhance and uplift families and communities through action, setting a positive example, and making strategic investments.

TMF also has a mission to advance the empowerment of women. To further this commitment, they have made contributions to the local charitable organization known as the Black Women in Sport Foundation, particularly in honor of Women's History Month. The primary aim of this initiative is to foster increased involvement of women and girls, particularly those from diverse racial backgrounds, in various aspects of sports, ranging from active participation to leadership roles.