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Tim Duncan's $130 Million Net Worth - Lost $25M Back in 2015 But Still So Rich

Published Mon Dec 16 2019 By DGM
Tim Duncan's $130 Million Net Worth - Lost $25M Back in 2015 But Still So Rich

The famous former basketball player for San Antonio Spurs and the current coach of the team, Timothy Theodore Duncan holds an estimated net worth of $130 million.

Duncan has been able to accumulate such a huge milestone from his successful career as an NBA player, athlete, and Olympian. His profession a coach also contributes to his massive fortune. Here are some facts about his net worth:

Massive Earning From NBA

Tim Duncan spent all of his 19 year long NBA career by playing as power forward and center from the San Antonio Spurs. During his career, he was the 15 time all-star and two time MVP award winner. His made about 85% of his fortune from the game of hooping and dunking. He earned about $3 million in starting season which gradually kept increasing after each year. It was at the 2009/2010 season when he made the highest earning of his career which was about $22.1 million.

A picture of Tim Duncan taking shot during his game vs Golden State Warriors.
Tim Duncan is a former NBA player for San Antonio Spurs.
Image Source: NY Times

The star was able to earn more than $245 million from his nearly two decades long NBA career. As he is now working as the assistant coach of the same team, he might surely be getting paid considerable amount considering his experience and faith to the team.

House in Texas

Amy Duncan's ex-spouse Tim Duncan has always considered Texas to be his heart not because he played for the NBA team of that state, but of the friendly neighborhood and environment. Previously, he owned two lavish mansions in the state, one in Spicewood and the other in San Antonio. Both of the properties are highly luxurious with every needed facilities.

Back in 2014, the 'Bank Shot Master' put his Spicewood mansion up for sale at $945,000. He was ready to sell the house bearing a huge loss as he bought the property for a price of $1.2 million. As it has already been years now, his house might have already been sold out. However, he still owns his mansion in San Antonio.

Owns Multiple Car Customization Business

As most celebrities, former San Antonio Spurs Star Timothy has also spent some of his money for purchasing some of the finest rides his money can offer. He owns nine expensive and luxurious cars from different companies. Not only just cars, all of his cars are highly customized among which his blue Porsche 911 Turbo is one of the most favorites. He has customized the car's wheels with gold-finish which gives it an even more gorgeous look.

A picture of The customized Porsche 911 Turbo of Time Duncan.
The customized Porsche 911 Turbo of Time Duncan.
Picture Source: Bleacher Report

As the star loves customizing his cars, he owns a couple of car customization shops at different locations in San Antonio. We all know that customizing the four-wheeler beasts is very expensive which itself speaks that he bags some of his massive worth from his car business as well.

Income From Partnerships

Though the former power forward of Spurs had always refused products of other companies, he indeed had partnership deals with several companies. He has had partnership deals with brands like Adidas for sports gear, AT&T of telecommunication, and HEB which is a famous supermarket company. Besides from his basketball career, he made huge $2 million just from his partnerships with the companies.

Lost $25 Million in 2015

Back in 2015, Tim Duncan lost a crazy amount of $25 million due to a dishonest financial adviser. It was according to the lawsuit that he filed in the year which made him lose his $25 million as part of failed investments. If he hadn't been brainwashed by the dishonest adviser back then, his net worth have been even more if compared to his worth currently. He might have already the mark of over $150 million by now if it wasn't for the loss.

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