What is Tim Duncan net worth today?
| Tim Duncan Net Worth: | $130 million |
| Celebrated Name: | Tim Duncan |
|---|---|
| Real Name/Full Name: | Timothy Theodore Duncan |
| Gender: | Male |
| Birth Date: | 25 April 1976 |
| Birth Place: | Saint Croix, U.S. Virgin Islands |
| Nationality: | American |
| Height: | 2.11 m |
| Weight: | 113 kg |
Tim Duncan is a former professional basketball player and current basketball coach from the United States who has a net worth of $130 million.
Tim was undoubtedly one of the highest-paid basketball players in the NBA at the time of his peak, earning upwards of $20 million per season.
During his professional career, he earned more than $200 million only on the court. From endorsements, he earned tens of millions of dollars more. Check out our list of the top 20 richest NBA players to see if Duncan made it to the list.
Perhaps you are familiar with the name Tim Dunсаn, but do you know how old and how tаll he is, and how much his net worth is in 2022?
The following article contains information about Tim Duncan net worth, short biography, career, professional life, personal life, age, height, weight, and other relevant facts.
Tim Duncan Net Worth
As of 2022, Tim Duncan net worth is estimated to be $130 million according to Celebrity Net Worth.
Tim Duncan Biography and Early Life
Timothy Theodor Duncan, better known by his stage name Tim Duncan, was born on April 25, 1976, on the island of Saint Croix in the United States Virgin Islands.
He was also born and raised on the island of Saint Croix. His mother, Ione, works as a professional midwife, and his father, William Duncan, is a mason. He has two siblings. He is the youngest of four children, with two older sisters and one older brother. He is the youngest of four children.
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Duncan was initially inspired to pursue a swimming career at the Olympic level by his sisters. After starring as a teenager and training to qualify for the 1992 Olympic Games, he was forced to relocate after Hurricane Hugo destroyed the only Olympic-sized swimming pool on the island in 1989.
The fact that Duncan was unable to swim in the open ocean due to his fear of sharks caused him to lose some of his enthusiasm for the sport. His mother passed away from breast cancer one day before his 14th birthday, which was a second blow to his family.
His brother-in-law encouraged him to try out for the basketball team instead, and he ended up becoming a standout performer for the team at St. Dunstan’s Episcopal High School in the process.
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Tim Duncan Career
Duncan was recruited by Wake Forest University basketball coach Dave Odom and chose to play for the Demon Deacons over scholarship offers from the University of Hartford, the University of Delaware, and Providence College in order to play for Dave Odom.
Duncan was hailed as one of the best NBA prospects during his sophomore year of college (the 1994-95 NCAA season), but he was adamant about finishing his college education in order to honor his mother’s wishes and complete his degree.
In his college basketball career, he has received numerous honors, including being named ACC Player of the Year twice and NABC Defensive Player of the Year three times.
Immediately following graduation from college, Duncan entered the 1997 NBA draft. The San Antonio Spurs, one of the richest NBA teams selected him with the first overall pick in the 2011 NBA Draft.
Beginning with his rookie season, Duncan established himself as a high-caliber player; he and David Robinson became known as one half of the defensive duo known as the “Twin Towers.”
Robinson was selected to the NBA All-Star Game in 1998, demonstrating that he lived up to the lofty expectations placed on him as the first overall pick in the draft. During his rookie season, he appeared in 82 regular-season games and averaged 21.1 points, 11.9 rebounds, 2.7 assists, and 2.5 blocks per game while making his NBA debut with the Los Angeles Clippers.
While playing for the Spurs in his sophomore season, Duncan averaged 21.7 points, 11.4 rebounds, 2.4 assists, and 2.5 blocks per game, earning him spots on the All-NBA and All-Defense First Teams.
The following season, Duncan also assisted the Spurs in reaching the Finals of the 1999 NBA Playoffs, where they were victorious over the New York Knicks.
Following a meniscus injury in his third and fourth seasons with the Spurs, Duncan rebounded and turned around his season, earning the league’s Most Valuable Player award in the process.
Duncan took over for Robinson after the latter retired prior to the 2003-04 season, and the Spurs went on to reach the Western Conference Semifinals under his guidance. Duncan was also a member of the United States Basketball Team in 2003, which finished with a record of 10 wins and qualified for the Olympics.
After suffering from plantar fasciitis and chronic knee tendinosis in the past, he has maintained his high level of play despite some setbacks and stumbles. From 2007 to 2013, the Spurs were consistently eliminated from the playoffs at the end of every season.
Conversely, during the 2013-14 season, Duncan was instrumental in the Spurs’ victory over the Miami Heat, earning him his fifth championship of his professional career.
He, along with John Salley, is one of the few players in history to have won a championship in three different decades. He informed the public of his retirement.
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How Duncan Spends His Money
Duncan’s other ventures include the Tim Duncan Foundation, which he founded in 2001.
It provides funding for programs in San Antonio, Winston-Salem, and the United States Virgin Islands that promote health awareness, education, and youth sports among children and adolescents.
Over the course of two years in 2001 and 2002, the Foundation assisted in the raising of more than $350,000 in funds for breast and prostate cancer research.
Duncan founded a vehicle customization business, in San Antonio, Texas, in 2013 to serve the local community. It is in close proximity to the practice facility of the San Antonio Spurs.
Lawsuits
Duncan filed a lawsuit against his former investment advisor in 2015, claiming he had lost more than $20 million as a result of the advisor’s actions.
A federal grand jury indicted the advisor on two counts of wire fraud in connection with Duncan’s case in September 2016, and the advisor pled guilty to wire fraud in April 2017. In June 2018, they reached a settlement, with Duncan receiving $7.5 million in compensation.
Tim Duncan Net Worth (Summary)
Duncan has five championships to his credit and has been named to the All-Star team 15 times, making him one of the highest-paid players in the NBA during his career.
Following his retirement from playing, the former NBA star took on the role of coach for the San Antonio Spurs for a brief period of time.
His other business ventures, in addition to the NBA, all contribute to the net worth he has amassed over the years.
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