Lonzo Ball is a $35 million net-worth American professional basketball player. He began his NBA career in 2017 after spending one season with the UCLA Bruins.
Lonzo inked a four-year, $33 million contract with the Lakers in July of 2017. The contract earned him an annual salary of $8 million.
Lonzo inked a four-year, $85 million contract with the Chicago Bulls in August 2021. The contract will provide an annual salary of $21 million.
Ball’s commercial ventures have been primarily linked to his Family’s clothing Company, Big Baller Brand. Instead of negotiating a brand endorsement arrangement with a large firm like Nike or Adidas, he used this Company’s sports equipment.
Lonzo and his Family’s firm debuted their first sneaker in 2017, priced at $495 and bearing Lonzo’s name. Despite not being a founder, Lonzo owns 51% of the Big Baller Brand.