Lamar Odom Net Worth - Inside The Basketball Legend $40 Million Fortune
Lamar Odom is a former NBA star and television personality who has had a successful career both on and off the court. As of 2023, Lamar Odom net worth is estimated to be impressive.
James K.May 02, 2023120 Shares1934 Views
Lamar Odom is a former NBA star and television personality who has had a successful career both on and off the court. As of 2023, Lamar Odom net worthis estimated to be impressive. Odom has earned this wealth through his impressive career as a professional basketball player, as well as his business ventures and television appearances.
Lamar Odom was born on November 6, 1979, in South Jamaica, a neighborhood in Queens, New York City. He was raised by his grandmother after his mother passed away when he was just 12 years old.
Growing up, Odom was passionate about basketball and attended Christ The King Regional High School in Queens, where he played for the school's basketball team. During his high school career, Odom was recognized as one of the top basketball playersin the country, and he led his team to a state championship title in 1996.
After graduating from high school, Odom attended the University of Nevada, Las Vegas, but he was expelled from the school after violating the National Collegiate Athletic Association's rules by accepting money from a booster. Odom then transferred to the University of Rhode Island but only played one season there before declaring for the NBA draft in 1999.
Despite his short collegecareer, Odom's talent on the court caught the attention of NBA teams, and he was selected fourth overall by the Los Angeles Clippers in the 1999 NBA draft.
Lamar Odom had a successful career as a professional basketball player, playing for various NBA teams over the course of his career. He played for the Los Angeles Clippers from 1999 to 2003 before joining the Miami Heat in 2003.
Odom's best years as a player came during his time with the Los Angeles Lakers, where he played from 2004 to 2011. He was a key player in the Lakers' championship runs in 2009 and 2010, earning NBA Sixth Man of the Year honors in 2011.
After leaving the Lakers, Odom played for the Dallas Mavericks and the Los Angeles Clippers before taking a hiatus from basketball in 2013. He attempted a comeback in 2014, signing with the New York Knicks for a brief period, but ultimately did not play in any games for the team.
In addition to his basketball career, Odom has also made various television appearances. He appeared on several reality shows, including "Khloé & Lamar," a spin-off of "Keeping Up with the Kardashians," and competed on "Dancing with the Stars" and "Celebrity Apprentice." Odom has also authored a memoir titled "Darkness to Light," which details his struggles with addiction and personal challenges.
In addition to his successful career as a professional basketball player, Lamar Odom has also been involved in various business ventures throughout his career.
One of his most notable business ventures was the creation of his own fragrance line called "Unbreakable." The fragrance line, which was released in 2011, was a joint venture between Odom and his wife at the time, Khloé Kardashian. The line includes cologne for men and perfume for women.
Odom has also been involved in the film industry. In 2012, he co-produced a documentary about his life called "Lamar Odom: The Road to Fame." The documentary chronicled his journey from growing up in Queens to becoming a successful NBA player.
In addition, Odom has written a memoir titled "Darkness to Light," which details his struggles with addiction and personal challenges. The book was released in 2019 and received positive reviews from critics and readers alike.
As of 2023, Lamar Odom's net worth is estimated to be around $40 million. During his career as a professional basketball player, Odom earned over $114 million in salary. His most lucrative contract was with the Los Angeles Lakers, where he signed a four-year, $33 million deal in 2009.
In addition to his earnings from basketball, Odom has also earned income from his various business ventures, including his fragrance line, documentary, memoir, and television appearances.
However, it is worth noting that Odom has also faced financial challenges over the years, including significant debts and legal issues. In 2015, he was reportedly over $10 million in debt and filed for bankruptcy. Odom has also faced legal challenges, including a 2019 lawsuit filed against him by a sports marketing company for allegedly breaching a contract.
Lamar Odom has owned several real estate properties throughout his career. One of his most notable properties was a home in Miami, Florida, which he purchased for $3 million in 2003. The 8,600-square-foot mansion features six bedrooms, eight bathrooms, a pool, and a dock.
In addition to his Miami home, Odom also owned a home in Tarzana, California, which he purchased for $3.95 million in 2009. The 8,347-square-foot home features six bedrooms, seven bathrooms, a movie theater, and a pool.
However, in 2019, Odom reportedly lost both of these homes due to financial difficulties. According to reports, the Miami property was foreclosed on and sold for $2.6 million, while the Tarzana property was sold for $5.2 million in a short sale.
Despite losing these properties, Odom has recently purchased a new home in Georgia, where he currently resides. The property is reportedly a 6,000-square-foot mansion located in a gated community in Alpharetta, Georgia. The exact purchase price of the property is not publicly known.
Lamar Odom has been involved in various philanthropic efforts throughout his career, particularly in the areas of education and health.
In 2004, Odom founded the Cathy's Kids Foundation in honor of his late mother, who died of colon cancer. The foundation's mission is to improve the lives of children through education and health initiatives. Over the years, the foundation has donated over $2.2 million to various organizations, including the Lakers Youth Foundation, the City of Hope National Medical Center, and the World Vision charity.
In addition to his work with Cathy's Kids, Odom has also been involved with other charitable organizations. In 2009, he participated in a charity event organized by the Make-A-Wish Foundation, where he granted the wish of a young girl who wanted to meet him. He has also been involved with the Jimmie Johnson Foundation, which supports K-12 public education in North Carolina and has participated in various other charity events and fundraisers.
Furthermore, Odom has been open about his own struggles with addiction and mental health and has used his platform to raise awareness about these issues. He has spoken publicly about his experiences with substance abuse and has been an advocate for mental health and addiction treatment.
Odom was born in South Jamaica, Queens, New York City, and grew up in a tough neighborhood where he witnessed drug addiction and violence at a young age.
He was raised by his grandmother after his mother died of colon cancer when he was 12 years old. He has described her as his "guardian angel" and credits her with helping to shape his life.
Odom played one season of college basketball at the University of Rhode Island before being drafted by the Los Angeles Clippers in 1999.
He won two NBA championships with the Los Angeles Lakers in 2009 and 2010.
In addition to basketball, Odom has also dabbled in other sports, including boxing and MMA. He trained as a boxer under legendary trainer Freddie Roach and has participated in celebrity boxing matches.
Odom has been married twice, first to reality TV star Khloé Kardashian from 2009 to 2016, and then to Sabrina Parr in 2019. Both marriages have been the subject of media scrutiny.
In 2015, Odom was found unconscious in a Nevada brothel after suffering multiple strokes and organ failure. He spent several months in a coma and underwent extensive rehabilitation.
Odom has been open about his struggles with addiction and has sought treatment for substance abuse. He has also spoken publicly about his experiences with mental health issues, including depression and anxiety.
In 2020, Odom announced that he was launching a cannabis company called Rich Soil Organics, which produces CBD products for athletesand other users.
Despite facing numerous challenges throughout his life, including financial difficulties and personal tragedies, Odom remains a beloved figure in the basketball world and has inspired many with his resilience and perseverance.
Lamar Odom has owned a fragrance line called "Unbreakable" and has released a memoir titled "Darkness to Light". He has also made various television appearances, including on "Dancing with the Stars" and "Celebrity Apprentice".
Lamar Odom's net worth of $40 million is a testament to his impressive career as a professional basketball player, as well as his business and entertainment ventures. Despite personal struggles with addiction and health issues, Odom has persevered and built a successful career that has secured a comfortable financial future for himself and his family.