How Victor Wembanyama Could Become a Billionaire by Age 33
Jan 16, 2024
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20-year-old NBA rookie Victor Wembanyama, with an eight-foot wingspan, is on track to earn $1 billion from basketball contracts. He considers new brand partnerships, negotiates new media deals, and with his rare skills, he just might make basketball history.
Victor Wembanyama has the potential to become the first professional basketball player to earn $1 billion on the court through lucrative contracts and endorsements.
Wembanyama sees investment as a key aspect of his financial future, aiming to make a positive impact by supporting initiatives such as providing clean water to third-world countries.
Deep dives
Victor Wembanyama's Potential to Earn $1 Billion in the NBA
Victor Wembanyama, the 20-year-old French basketball player, has the potential to become the first professional basketball player to earn $1 billion on the court. With his combination of size, skill, and athleticism, Wembanyama is seen as a sensational talent and compared to NBA stars like Kevin Durant and Rudy Gobert. His current $55 million contract is expected to be followed by lucrative extensions and a potential Supermax deal, taking his earnings to around $900 million. Of course, this projection requires him to stay healthy and avoid any major injuries. Wembanyama's unique flexibility and training regimen give him an advantage in maintaining his physical capabilities.
Off-Court Earnings and Investments
Aside from on-court earnings, Victor Wembanyama also has the potential to earn significant amounts off the court. As an emerging star, he is highly sought after for endorsement deals. Wembanyama, however, has been selective in choosing partnerships that align with his values. He invested in a plant-based sports drink called Barcode, which resonated with him and allowed him the opportunity to invest in the brand. Learning from NBA legends like Kobe Bryant, LeBron James, and Michael Jordan, who built substantial wealth through investments in various industries, Wembanyama sees investment as a key aspect of his financial future.
Using Wealth to Make a Difference
Victor Wembanyama not only envisions building significant wealth but also aims to make a positive impact with his earnings. He expresses interest in using his financial resources to support causes such as providing clean water to third-world countries. Inspired by the philanthropic efforts of YouTuber Mr. Beast in Africa, Wembanyama plans to prioritize these initiatives as he continues to accumulate wealth throughout his NBA career.
At over seven feet tall with an eight-foot wingspan, 20-year-old Victor Wembanyama is not your average NBA rookie. As a center on the San Antonio Spurs, Wembanyama’s fluidity and defensive prowess are already on full display. But his game isn’t the only thing that sets Wemby, as his fans call him, apart. Bloomberg’s sports business reporter Randall Williams crunched the numbers, and found that Wembanyama is on track to earn $1 billion from basketball contracts by the time he’s 33. It would make him the first professional basketball player to reach billionaire status just from playing the game.
As Wembanyama considers new brand partnerships and the NBA negotiates new media deals, he could make his billion even sooner – unless an injury sets him back. With rare skills and this rare opportunity, Wemby just might make basketball history.