What is Lamar Odom Net Worth 2024: How He Built Wealth Through NBA Success

Lamar Odom Net Worth 2024 How He Built Wealth Through NBA Success

Lamar Odom’s journey, both on and off the basketball court, is nothing short of remarkable. Known for his two NBA championships with the Los Angeles Lakers and his stint as the Sixth Man of the Year, his financial portfolio is equally captivating.

As of 2024, his wealth stems from a mix of basketball earnings, smart investments, and media appearances. Let’s dive into how Lamar Odom built his fortune, highlighting key financial moves, career milestones, and life events that shaped Lamar Odom net worth.

Quick Facts

FACTDETAIL
Real NameLamar Joseph Odom
Popular NameLamar Odom
GenderMale
Birth DateNovember 6, 1979
Age45
ParentsJoe Odom (Father), Cathy Mercer (Mother)
SiblingsN/A
BirthplaceQueens, New York, USA
NationalityAmerican
EthnicityAfrican-American
EducationUniversity of Rhode Island
University of Nevada, Las Vegas
Christ the King High School
St. Thomas Aquinas High School
Marital StatusDivorced
SpouseKhloé Kardashian (m. 2009–2016)
ChildrenDestiny Odom, Lamar Odom Jr., Jayden Odom (deceased)
DatingPreviously engaged to Sabrina Parr
Net Worth$30 million
Source of WealthNBA career, media appearances, investments
Height6 ft 10 in (2.08 m)
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What is the Net Worth Of Lamar Odom in 2024?

What is the Net Worth Of Lamar Odom in 2024

Lamar Odom’s net worth in 2024 stands at an impressive $30 million, solidifying his place among financially successful NBA athletes.

Compared to other players of his generation, such as Dwyane Wade and Shaquille O’Neal, Odom’s wealth reflects not only his basketball contracts but also earnings from reality television and real estate ventures.

While his net worth isn’t the highest in basketball, his financial resilience after personal and professional challenges is noteworthy. His investments in Odom Wellness Treatment Centers and real estate properties highlight a focus on long-term financial stability.

Related People/Companies:

  • Dwyane Wade
  • Shaquille O’Neal
  • Los Angeles Lakers
  • Miami Heat
  • Khloé Kardashian
  • Kobe Bryant
  • Dallas Mavericks
  • Odom Wellness Treatment Centers
  • FIBA World Championship
  • Adidas

Looking for the highest-paid NBA athletes? Check out top-earning basketball stars.

Lamar Odom Wealth, Salary, and Financial Overview

His NBA Career and Earnings

Lamar Odom’s NBA career spanned over a decade, with total earnings of $115 million before taxes. His peak earning season was during 2008–2009 with the Los Angeles Lakers, where he earned $14 million.

Known for his versatility as a forward, Odom brought immense value to teams like the Miami Heat, Dallas Mavericks, and Los Angeles Clippers.

Business Ventures and Investment Success

After retiring from professional basketball, Odom turned his focus to investments. One of his most notable ventures is the Odom Wellness Treatment Centers, established to support addiction recovery.

This initiative not only reflects his personal journey but also contributes to his ongoing financial portfolio.

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Real Estate Investments

Odom’s real estate portfolio has been a significant component of his financial planning. He owned an 8,557 sq. ft. mansion in Pinecrest, Florida, and a luxurious home in Tarzana, California, which he sold to actress Kaley Cuoco.

Both properties were part of his long-term investment strategy, though their sale prices varied over time.

Media Appearances and Reality TV

Lamar Odom Salary and Financial Overview

Odom’s marriage to Khloé Kardashian brought him into the spotlight of reality television. His appearances on Keeping Up with the Kardashians and the spin-off series Khloé & Lamar added a new revenue stream to his income.

This media exposure boosted his personal brand, leading to additional endorsement opportunities.

Awards and Achievements That Boosted His Value

Winning two NBA championships with the Los Angeles Lakers (2009 and 2010) and being named the NBA Sixth Man of the Year (2011) significantly enhanced his market value.

His role in the U.S. National Basketball Team also added to his financial and professional credibility.

Challenges That Impacted His Financial Journey

Odom’s financial stability was tested by health crises and personal challenges, including a near-fatal overdose in 2015. His divorce from Khloé Kardashian and legal battles added to his financial pressures.

Despite these hurdles, his recovery and subsequent investments demonstrate his resilience.

FAQs About Lamar Odom

FAQs About Lamar Odom

What are his most notable NBA achievements?

Lamar Odom is best known for winning two NBA championships with the Los Angeles Lakers and being named NBA Sixth Man of the Year in 2011.

How did he contribute to philanthropy?

He founded Odom Wellness Treatment Centers to support those battling addiction, inspired by his personal recovery journey.

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What business ventures is he involved in?

Odom has invested in real estate and addiction recovery facilities, which are key components of his post-basketball financial portfolio.

Who were his notable NBA teammates?

Lamar Odom played alongside stars like Kobe Bryant, Shaquille O’Neal, and Dwyane Wade during his NBA career.

What reality TV shows has he appeared in?

He appeared on Keeping Up with the Kardashians and starred in his own spin-off series, Khloé & Lamar.

What personal challenges has Lamar Odom faced?

Odom has faced health issues, addiction struggles, and a public divorce, all of which have shaped his life journey.

What properties did he own?

Odom owned properties in Pinecrest, Florida, and Tarzana, California, which were part of his real estate investments.

How tall is he?

He is 6 ft 10 in (2.08 m), making him a commanding presence on the basketball court.

Conclusion

Lamar Odom’s financial journey showcases resilience, adaptability, and the pursuit of stability after significant challenges. As PBC, I invite you to explore more stories about celebrity finances on pennbookcenter.com. Let us know your thoughts in the comments or share this article with fellow readers!ü

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