Penny Hardaway is an American former professional basketball player and current head coach for the Memphis Tigers men’s basketball team. He is best known for his time with the Orlando Magic and Phoenix Suns, and is widely considered one of the best point guards of all time. Throughout his career, Hardaway has accumulated a substantial net worth. In this article, we will explore Hardaway’s early life and career, rise to fame, and his current net worth.
Early Life and Career
Hardaway was born in Memphis, Tennessee in 1971. He attended Treadwell High School, where he was an All-American basketball player. He then attended the University of Memphis, where he played for the Memphis Tigers and was named a First Team All American in 1993. After college, Hardaway was drafted fourth overall in the 1993 NBA draft by the Golden State Warriors. He was then traded to the Orlando Magic, where he became a four-time NBA All-Star and helped lead the Magic to the 1995 NBA Finals.
Rise to Fame
Hardaway’s rise to fame came during his time with the Orlando Magic. He quickly became one of the most exciting players in the NBA, as he was known for his flashy dunks and incredible passing ability. Hardaway was named to the All-NBA First Team in 1995 and 1996 and was named an All-Star in each of those years as well. He was also a member of the 1996 U.S. Olympic team that won a gold medal in Atlanta.
Penny Hardaway Net Worth
Today, Hardaway’s net worth is estimated to be around $50 million. He earned most of his fortune through his NBA career, where he earned more than $100 million in salary. He also has numerous endorsement deals, including a lifetime endorsement deal with Nike, which is said to be worth over $1 million. In addition, Hardaway has invested in several businesses and has become a successful entrepreneur.
Penny Hardaway is one of the most iconic basketball players of all-time and has been able to accumulate a substantial net worth. His rise to fame came during his time with the Orlando Magic, where he was a four-time All-Star and All-NBA First Team member. Hardaway’s net worth is estimated to be around $50 million, and he continues to add to his wealth through endorsements and investments.