Lamar Odom’s Net Worth: 5 Fast Facts You Need to Know

lamar odom

Lamar Odom has signed some big contracts over the course of his career. (Getty)

After over a decade in the NBA, Lamar Odom has accrued quite a fortune.

Odom didn’t grow up rich while living in South Jamaica, Queens. But during his time in the NBA, he signed some pretty lucrative deals. A big man with the speed to cover smaller players, on paper Odom was an asset to any NBA team.

But his off-the-court struggles limited his career, and past run-ins with law enforcement damaged his marketability. Now, Odom is fighting for his life in a Las Vegas hospital.

Still, Odom’s playing career has granted him a net worth of $56 million, according to TheRichest.com.


1. His Rookie Contract Was For $8 Million

Odom entered the NBA before the 1999-00 season, after being drafted fourth overall by the Los Angeles Clippers. The Clippers were bad but Odom was good, earning first-team All-Rookie honors.

After his first NBA season, Odom began to misbehave in LA. He was suspended twice for drugs over the next two seasons, and his time is LA was short-lived. Compounding his problems, in the Summer of 2013 Odom’s grandmother passed away. It was a devastating blow for Odom, had was raised by his grandmother after the death of his mother.


2. His Biggest Contract Came From The Heat

Lamar Odom's biggest payday came in Miami. (Getty)

Lamar Odom’s biggest payday came in Miami. (Getty)

Odom’s biggest financial boost came from Pat Riley, who signed him to a six-year $65 million contract in 2013. Odom’s time in Miami was short-lived, as he was sent back to LA in the Shaquille O’Neal trade.

LA is where Odom spent the majority of his career. He spent seven total seasons in LA, and re-signed to stay with the Lakers in 2009 for $33 million.


3. His Money Is Controlled By the Kardashians

When Lamar married Khloe Kardashian, he went all-in on the family. Now that they’re seperated, he’s had a hard time getting out.

According to TheRichest, there was a period when Kris Jenner handled all of Lamar’s finances, and Lamar had to see Jenner if he wants any spending cash. Odom supports his father financially, so this arrangement caused all types of money problem for Lamar, reportedly forcing him to pawn jewelry for spending cash. It is unknown if such an arrangement still exists.

Khloe and Lamar were working on reconciling their marriage, until it was rumored that Kris and Lamar slept together.


4. Odom Co-Owns Rich Soil Entertainment

Odom was working on a music and fashion company outside of basketball. (Getty)

Odom was working on a music and fashion company outside of basketball. (Getty)

Odom’s history doesn’t make him a candidate for many endorsements. Instead, Odom’s alternative income comes from his projects at Rich Soil Entertainment. Rich Soil started as a joint venture between Odom and Queens rapper Ali Vegas. Vegas released his own album under Rich Soil, and Odom has attempted to release clothing under the Rich Soil brand.


5. Odom Was Preparing for an NBA Comeback

Recently, Odom was challenging himself for an NBA comeback. He was signed by the Knicks during the 2014 season, and given the opportunity to work out and attempt to get back into basketball shape. That never happened, as the Knicks released Odom at the end of the season. Before his brothel binge, Odom’s trainer reported that Odom was training “three hours a day” in preparation for another return to pro basketball.


Read more about Lamar Odom’s net worth at AhoraMismo.com:

18 Comments

18 Comments

Irene

Oh I Am so sad about Lamar. Hoping he comes through healthy. If not May he leave peacefully. All his money needs to be set aside for the children. Kris Jenner should no longer manage the money.

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