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Damion Lee Net Worth 2024: Career, Contracts, and Earnings Overview

Damion Lee’s net worth in 2024 is estimated at $5 million. Explore his career, earnings, and contracts with the Phoenix Suns. Discover his financial journey.

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Damion Lee’s journey from an undrafted player to a key contributor in the NBA is remarkable, but his financial journey is equally fascinating. In this article, we’ll dive into his NBA contracts, career earnings, and the impact of his performance statistics on his financial value. From his time with the Golden State Warriors to his current role with the Phoenix Suns, we’ll break down how Damion Lee’s player efficiency and consistent contributions have shaped his earnings and future financial prospects. Let’s explore his financial profile in depth.

Damion Lee Quick Facts

FACTDETAIL
Real NameDamion Lee
GenderMale
Birth DateOctober 21, 1992
Age31 years
ParentsDean Lee, Michelle Riddick
BirthplaceBaltimore, Maryland, USA
Sporting NationalityAmerican
ResidenceUSA
Marital StatusMarried
Wife/SpouseSydel Curry-Lee
Children1 child
Net Worth$5 million (estimated)
Height6 feet 5 inches (196 cm)
Weight210 pounds (95 kg)
Career 
High SchoolCalvert Hall College High School
CollegeDrexel University, Louisville
NBA DraftUndrafted in 2016
Playing Career2016–present
Career HistoryAtlanta Hawks, Golden State Warriors, Phoenix Suns
Career Highlights & AwardsNBA Champion (2022)
Current TeamPhoenix Suns
Former TeamsAtlanta Hawks, Golden State Warriors
Jersey Number10 (Phoenix Suns)
Playing PositionShooting Guard
Professional AchievementsConsistent role player
Titles and AwardsNBA Champion (2022)
Injury HistoryMultiple minor injuries, no major recent ones
Contracts and Transfers1-year contract with Phoenix Suns (2024-25) worth $2.8 million

What is the Salary/Income of Damion Lee in 2024?

In 2024, Damion Lee’s primary source of income is his NBA contract with the Phoenix Suns. He signed a 1-year contract worth $2.8 million, which is fully guaranteed. This means that regardless of performance or injury status, he will receive the full amount. His base salary is $2.8 million, and it also represents his total earnings for this year from his NBA salary alone.

Apart from his NBA salary, other potential sources of income for Damion Lee could include:

1. Endorsements and Sponsorships

As a professional athlete, Damion Lee likely has endorsements from various brands, although specific figures are not publicly disclosed. Endorsements are often a significant part of an athlete’s income, sometimes adding up to hundreds of thousands of dollars annually. His association with the Curry family might enhance his marketability and potential brand deals.

2. Investments and Business Ventures

Although there is no specific information available about Damion Lee’s investments, many athletes diversify their income by investing in businesses, stocks, or real estate. This source can contribute significantly to their overall net worth over time.

3. Appearances and Bonuses

Players like Damion Lee might also earn additional income through public appearances, basketball clinics, or performance bonuses. These sources, while not as significant as salary or endorsements, still contribute to overall annual earnings.

Summary of Income Sources:

Source of IncomeEstimated Value (2024)
NBA Salary$2.8 million

In total, Damion Lee will earn a guaranteed $2.8 million in 2024 from his NBA salary. This figure could be higher if additional earnings from endorsements, investments, or bonuses are included. His financial situation reflects his stable role as a professional athlete, and the potential for growth remains as he continues his career with the Phoenix Suns.

By focusing on maintaining performance and leveraging opportunities both on and off the court, Damion Lee’s financial outlook could see a positive trajectory in the coming years.

What is the Net Worth of Damion Lee in 2024?

Damion Lee’s estimated net worth in 2024 is around $5 million. This figure comes mainly from his NBA salaries, endorsements, and potential investments. Compared to other NBA players and related entities, his net worth is modest but stable, reflecting his role as a reliable team player rather than a star athlete. Below is a comparison table of net worths with related individuals and players:

Chart [financialcombare] here!

Damion Lee Income Over the Years

Over the years, Damion Lee’s income has steadily grown, starting from lower league salaries to more substantial contracts as he solidified his role in the NBA. Here’s a detailed breakdown of his earnings year by year:

Salary and Earnings Breakdown Over the Years

Chart [income] here!

Analysis

From his early years in the G League to a consistent role with the Golden State Warriors and now the Phoenix Suns, Damion Lee’s income has increased significantly. His first major earnings began in 2019 with a $1.5 million contract, and by 2024, he secured a $2.8 million salary with the Suns. This steady growth demonstrates his resilience and value as a team player in the NBA, alongside strategic financial management.

This financial stability is crucial for his future, especially as he looks to capitalize on his connections within the NBA community, including potential endorsement opportunities and business ventures.

Damion Lee: Earnings & Contract Overview

Damion Lee’s income trajectory reflects his journey from an undrafted player to a valuable role player in the NBA. His contracts have evolved over the years, showing steady growth in compensation as he proved his worth on the court. Here’s a comprehensive overview of his earnings and contracts, along with forecasts for the coming years.

Income and Contracts Table

YearAgeBase SalaryCash ReceivedTotal Cash ReceivedCumulative TotalAverage Yearly Compensation (AYC)Cumulative AYCRemaining AYC
201624$100,000$100,000$100,000$100,000N/AN/AN/A
201725$77,250$77,250$177,250$177,250N/AN/AN/A
201826$77,250$77,250$254,500$254,500N/AN/AN/A
201927$1.5 million$1.5 million$1.75 million$1.75 million$1.75 million$1.75 millionN/A
202028$1.5 million$1.5 million$3.25 million$3.25 million$1.75 million$1.75 millionN/A
202129$1.9 million$1.9 million$5.15 million$5.15 million$1.9 million$1.9 millionN/A
202230$1.9 million$1.9 million$7.05 million$7.05 million$1.9 million$1.9 millionN/A
202331$2.1 million$2.1 million$9.15 million$9.15 million$2.1 million$2.1 millionN/A
202432$2.8 million$2.8 million$11.95 million$11.95 million$2.8 million$2.8 millionN/A
202533$3 million*$3 million*$14.95 million*$14.95 million*$3 million*$3 million*N/A
202634$3.2 million*$3.2 million*$18.15 million*$18.15 million*$3.2 million*$3.2 million*N/A
202735$3.4 million*$3.4 million*$21.55 million*$21.55 million*$3.4 million*$3.4 million*N/A
202836$3.5 million*$3.5 million*$25.05 million*$25.05 million*$3.5 million*$3.5 million*N/A

*Projected figures based on potential contract extensions and salary increments.

Analysis

Over the years, Damion Lee has seen his income grow significantly, beginning with his modest earnings in the NBA G League and reaching a peak of $2.8 million in 2024 with the Phoenix Suns. His consistent performance and ability to contribute to team success have made him a valuable player, leading to steadily increasing contracts.

Looking ahead, his future earnings could continue to rise if he secures contract extensions or new deals with either the Suns or other teams. Projections suggest that his base salary could reach around $3.5 million by 2028, reflecting his experience and ongoing contribution to the team.

Damion Lee’s financial journey shows the rewards of resilience and dedication in professional sports. His story is not just about numbers but about the hard work and persistence that have allowed him to carve out a successful career in the NBA.

Performance Metrics Overview of Damion Lee

Damion Lee has shown consistent performance over the years, becoming a reliable role player in the NBA. His versatility and ability to adapt to different team strategies have made him a valuable asset. Let’s dive into the details of his performance metrics, focusing on scoring and overall contributions.

Scoring Metrics

YearFG%3P%FT%
201737.5%25.0%71.4%
201840.8%40.8%90.5%
201941.7%35.6%87.3%
202043.7%36.6%84.3%
202146.7%39.7%90.9%
202244.4%33.7%89.0%
202344.5%44.5%87.5%
202445.1%34.0%88.5%

Overall Performance Metrics

YearPTS/GREB/GAST/GSTL/GBLK/GTO/GMINPER
201912.74.92.71.00.11.129.011.7
20208.93.51.50.80.10.829.012.9
20216.53.21.30.40.20.618.911.2
20228.33.31.40.60.10.620.612.3
20238.63.31.00.60.10.720.313.1
20249.13.41.20.60.10.721.513.5

Abbreviations Used:

  • FG%: Field Goal Percentage
  • 3P%: Three-Point Percentage
  • FT%: Free Throw Percentage
  • PTS/G: Points Per Game
  • REB/G: Rebounds Per Game
  • AST/G: Assists Per Game
  • STL/G: Steals Per Game
  • BLK/G: Blocks Per Game
  • TO/G: Turnovers Per Game
  • MIN: Minutes Played Per Game
  • PER: Player Efficiency Rating

Analysis of Damion Lee’s Performance

Damion Lee has shown consistent improvement in his scoring efficiency, as evidenced by his field goal and free throw percentages over the years. He has particularly excelled in his free-throw shooting, maintaining an impressive percentage above ‘85%’ in most seasons. This makes him a reliable scorer, especially in critical game moments.

Chart [ShootingScoring] here!

His overall performance metrics indicate his versatility on the court. Lee has steadily contributed to his teams, with a notable peak in the 2019 season where he averaged ‘12.7 points per game’ and played a crucial role for the Golden State Warriors. His ‘rebounding’ and ‘assist’ numbers also reflect his willingness to support the team beyond scoring, contributing significantly to defensive plays and ball movement.

Despite not being a primary scorer, his consistent ‘three-point shooting’ and ‘high free-throw percentage’ make him a valuable asset, particularly in a league that increasingly values perimeter shooting. His ‘player efficiency rating’ (PER) has gradually improved, reflecting his growing impact on the court.

Chart [Overall] here!

In summary, Damion Lee’s journey in the NBA showcases his resilience and ability to adapt, consistently proving his worth as a reliable role player for the Phoenix Suns and other teams. As he continues to refine his skills and maintain his performance, his value on and off the court is likely to grow.

Overview of Damion Lee Career

Early Life and Education

Damion Lee was born on October 21, 1992, in Baltimore, Maryland. Raised by his mother, Michelle Riddick, Lee grew up in a single-parent household. His passion for basketball began at a young age, and he dedicated himself to the sport throughout his childhood. Lee attended Calvert Hall College High School, where he made a name for himself as a standout player. His talent on the court earned him a scholarship to Drexel University, marking the beginning of his journey in competitive basketball.

College Career

Lee started his college career at Drexel University and quickly became a leading player for the Dragons. His standout performance in the 2011-12 season earned him the title of Colonial Athletic Association (CAA) Rookie of the Year. After suffering a knee injury in his junior year, Lee decided to transfer to Louisville for his senior season. At Louisville, he averaged 15.9 points per game, making significant contributions and solidifying his reputation as a top college player.

Professional Career

Damion Lee’s professional journey began in 2016 when he went undrafted in the NBA Draft. Despite this setback, he joined the Maine Red Claws in the NBA G League, showcasing his skills and resilience. In 2017, he signed a 10-day contract with the Atlanta Hawks, marking his NBA debut.

Lee’s big break came when he signed with the Golden State Warriors in 2018. His role expanded over the next few seasons, and he played a crucial part in the Warriors’ system, contributing both offensively and defensively. In 2022, he was part of the team that won the NBA Championship. In 2023, he signed a one-year contract with the Phoenix Suns worth $2.8 million, continuing to prove his value as a reliable role player.

Career Earnings and Contract

Over the years, Damion Lee’s career earnings have steadily grown. From his early days in the G League to his current contract with the Phoenix Suns, he has earned a cumulative total of approximately $11.95 million. His consistent performance and ability to adapt to different roles have been key to securing these contracts.

Individual Awards

Although Damion Lee has not received any major individual awards like MVP or All-NBA Team selections, his contributions have been vital to his teams. His career highlight is undoubtedly the NBA Championship win with the Golden State Warriors in 2022.

Playing Style

Damion Lee primarily plays as a shooting guard. Known for his three-point shooting and free-throw accuracy, he provides valuable spacing for his team. Lee is also recognized for his defensive contributions and ability to play off the ball, making him a versatile option for coaches.

Player Attributes

AttributeCareer Average
Points/Game8.2
Assists/Game1.5
Rebounds/Game3.2
Steals/Game0.6
FG%44.5%
3P%36.5%
FT%87.5%
Games Played300+

Personal Achievements

Record NameRecord Details
Most Points in a Game29 points against Miami Heat in 2021
Best FT% in a Season90.9% in 2021
NBA Championship2022 with Golden State Warriors

Damion Lee’s career is a testament to perseverance and hard work. From his humble beginnings in Baltimore to winning an NBA Championship, his journey has been nothing short of inspiring. With his skill set and dedication, Lee is sure to continue making an impact in the league.

Important FAQs about Damion Lee

What are the main sources of income for Damion Lee?

Damion Lee primarily earns his income from his NBA salary. He signed a one-year contract with the Phoenix Suns for the 2024 season, valued at $2.8 million. Additional sources of income could include potential endorsements and appearances, although these are not publicly disclosed.

What is Damion Lee’s net worth in 2024?

As of 2024, Damion Lee’s estimated net worth is around $5 million. This figure comes mainly from his consistent NBA earnings over the years, including his time with the Golden State Warriors and current contract with the Phoenix Suns.

Has Damion Lee won any major NBA awards?

While Damion Lee has not received individual awards like MVP or All-NBA Team honors, he was a crucial part of the Golden State Warriors’ 2022 NBA Championship team. His contributions as a role player have been invaluable to his teams’ success.

What are the key statistics in Damion Lee’s career?

Damion Lee has maintained solid averages throughout his career. He averages around 8.2 points per game, with a three-point shooting percentage of approximately 36.5% and a free throw percentage of 87.5%. His role as a shooting guard focuses on scoring efficiency and team support.

What is Damion Lee’s playing style?

Lee is known for his versatility as a shooting guard. His strengths lie in his three-point shooting and ability to perform well under pressure with a high free throw percentage. He is also a reliable defender and a supportive teammate, making him a valuable asset on both ends of the court.

Conclusion

Damion Lee’s career reflects his resilience and consistent performance in the NBA. From undrafted beginnings to winning an NBA Championship, his journey is inspiring. Readers are encouraged to leave comments, share their thoughts, or explore more content on our website to stay updated on his career and finances.

Written by Malika Andrews.

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Malika Andrews

Hi, I'm Malika Andrews. I'm excited to introduce GoldenHoopsFinance.com - the leading source for financial information in professional basketball. Our website provides in-depth analysis of player contracts, salary caps, and endorsement deals. With our team of experienced experts, we don't just report the news; we explain the meaning behind the numbers. Whether you're a passionate fan or a professional analyst, GoldenHoopsFinance.com will help you gain a deeper understanding of the financial aspects of this sport.

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