Home » Sports News » Ja Morant’s new contract makes him richer in the NBA, but his suspension in 2023 incurred heavy loss to his Net Worth

Ja Morant is an American professional basketball player and here is more about his net worth, salary, records, and endorsements

Ja Morant is an NBA basketball player who currently plays for the Memphis Grizzlies. Let’s know more about his net worth, career, endorsements, etc. Read more about the top 100 richest NBA players of all time

Ja Morant Facts

Birth PlaceDalzell, South Carolina
Father’s NameTee Morant
Mother’s NameJamie Morant
Star SignLeo
CollegeMurray State University (2017-2019)
Net Worth (2023)$50 million
Salary (2024)$38,000,000
Age25
Date of BirthAugust 10, 1999
Height (ft)6 ft 3 in (1.91 m)
Weight (kg)79 kgs (174 lbs)
NationalityAmerican
NBA Draft Year2019
NBA Draft PickRound 1/ Pick: 2nd overall
Playing Career2019-present
PositionPoint guard
TeamsMemphis Grizzlies (2019-present)
Wife/GirlfriendKK Dixon (Ex)
ChildrenKaari J (daughter)
EndorsementsNike, BodyArmor
Ja Morant has a net worth of $1.5 million
Ja Morant, already one the top young players in the N.B.A., has shown the potential to get even better. (Image: Nick Wass/Associated Press)

Ja Morant Career

Temetrius Jamel “Ja” Morant a.k.a Ja Morant was the Round 1, 2nd overall draft pick by the Memphis Grizzlies in 2019. Morant plays in the position of Point guard and he is also the 2020 NBA Rookie of the Year.

Morant used to play college basketball for Murray State University. In his college freshman year, Morant averaged 12.7 points, 6.5 rebounds, and 6.3 assists per game. Subsequently, he earned first-team All-OVC and OVC All-Newcomer Team accolades.

Similarly, in his college sophomore year, Morant averaged 24.5 points, 5.7 rebounds, and 10.0 assists per game. For this, at the end of the regular season, Morant was named OVC Player of the Year and earned first-team All-OVC honors.

After his sophomore season, Morant declared for the 2019 NBA Draft. Consequently, he was selected as the second overall draft pick by the Memphis Grizzlies. Then, on July 2, 2019, Morant signed a two-year contract worth $17,897,040 with the Memphis Grizzlies.

On October 23, 2019, Morant made his debut in NBA, starting in a 101–120 loss to the Miami Heat with 14 points, 4 rebounds, 4 assists, a steal, and a block. In his rookie NBA season, Morant averaged 17.8 points, 3.9 rebounds, and 7.3 assists per game. At the end of the season, Morant was named the 2020 NBA Rookie of the Year and earned the 2020 NBA All-Rookie First Team honor.

In 2021, Morant played the NBA Playoffs but ultimately lost to the Utah Jazz in Round 1 of the NBA playoffs.

He has only grown from strength to strength over time and is now the poster boy of the NBA. However, his off-field antics have grabbed headlines recently.

In 2023, Ja Morant was suspended in the NBA for some games as he was seen with a gun on Instagram live. His new contract with Memphis Grizzlies is worth $38 million, but his loss during the suspension has done enough damage. As of 2024, Ja Morant’s new deal is $38m and it will increase in the following seasons.

Ja Morant has a net worth of $1.5 million
LOS ANGELES, CA – JANUARY 04: Memphis Grizzlies Guard Ja Morant 12 looks on from the bench before a NBA, Basketball Herren, USA game between the Memphis Grizzlies and the Los Angeles Clippers on January 4, 2020 at STAPLES Center in Los Angeles, CA. Photo by Brian Rothmuller/Icon Sportswire NBA

Ja Morant Achievements

  • NBA Rookie of the Year (2020)
  • NBA All-Rookie First Team (2020)
  • Consensus first-team All-American (2019)
  • NCAA season assists leader (2019)
  • Lute Olson Award (2019)
  • Bob Cousy Award (2019)
  • OVC Player of the Year (2019)
  • 2× First-team All-OVC (2018, 2019)
  • OVC Tournament MVP (2019)
  • OVC All-Newcomer Team (2018)
  • No. 12 retired by Murray State Racers
  • 2× NBA All-Star (2022, 2023)
Ja Morant has a net worth of $1.5 million
Memphis Grizzlies Ja Morant brings the ball up the court in the first half of their NBA, Basketball Herren, USA game at FedEx Forum in Memphis, Tennessee, USA, 10 May 2021.

Ja Morant Net Worth and Salary

As per several reports, the 24-year-old is estimated to have a net worth of $80 million as of 2023. Most of his net worth is acquired from his salary and endorsements.

According to Spotrac, Morant signed a 4 year / $39,619,840 contract with the Memphis Grizzlies, including $27,500,400 guaranteed, and an annual average salary of $9,904,960.

In 2021-22, Morant earned a base salary of $9,603,360, while carrying a cap hit of $9,603,360 and a dead cap value of $9,603,360.

In 2023, he is on course to earn over $33 million.

Ja Morant Personal Life

Born in Dalzell, South Carolina, Morant is the son of Tee Morant and Jamie Morant. Notably, both of Morant’s parents were basketball players.

Furthermore, Morant has a younger sister named Teniya Morant. Teniya now plays basketball at Hillcrest Middle School in Dalzell.

According to speculations, Morant’s relationship status is currently single. However, he previously dated KK Dixon. Furthermore, Dixon and Morant have a daughter together named Kaari J.

Ja Morant has a net worth of $1.5 million
Ja Morant with his daughter, Kaari J. (bckonline.com)

Ja Morant Endorsements

According to various reports, Morant has endorsement deals with Nike and BodyArmor sports drink. He also has a deal with Panini and Gatorade. Through endorsements, Ja Morant earns over $12 million every year and his assets will increase.

Interestingly, Morant signed with Nike before he even entered the NBA. Further, Morant signed with BodyArmor in 2020. He also has a stake in NBA Return – Bloomberg.

FAQs about Ja Morant

(Q) What is the age of Ja Morant?
Ja Morant is 25 years old and he was born on August 10, 1999.
(Q) What is the net worth of Ja Morant?
Ja Morant has a net worth of $50 million.
(Q) Where was Ja Morant born?
Ja Morant was born in Dalzell, South Carolina.
(Q) Who is the girlfriend of Ja Morant?
Ja Morant is currently single but he was previously dating KK Dixon.
(Q) In which year was Ja Morant drafted?
Ja Morant was drafted in the year 2019/ Round 1/ Pick: 2nd overall.
(Q) In what position does Ja Morant play?
Ja Morant plays in the position of Point guard.
(Q) Ja Morant plays in which NBA team?
Ja Morant currently plays for the Memphis Grizzlies.
(Q) Who won the 2020 NBA Rookie of the Year award?
Ja Morant won the 2020 NBA Rookie of the Year award.

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