Iman Shumpert

As of January 2025, Iman Shumpert's net worth is estimated to be around $16 Million. Throughout his NBA career, which spanned from 2011 to 2021, Shumpert earned millions of dollars in salary. Beyond basketball, he has been actively engaged in real estate investments, business and entertainment ventures, including brand endorsements and a reality TV show, further boosting his financial standing. Let's take a close look at how the popular athlete has built such an incredible net worth.

What Is Iman Shumpert’s Net Worth? 

As of January 2025, Iman Shumpert's net worth is estimated to be around $16 Million.

He earned his wealth primarily through his career as a professional basketball player in the NBA, where he played for several teams including the New York Knicks, Cleveland Cavaliers, Sacramento Kings, and Brooklyn Nets. 
During his career, which lasted from 2011 to 2021, Iman earned a total of $48 Million in NBA salary. As an NBA player, Shumpert consistently saved half of his income, regardless of his contract or salary, as he revealed during a 2018 interview with CNBC.

On July 9, 2015, Shumpert signed the biggest contract of his career, re-signing with the Cleveland Cavaliers on a four-year, $40 million deal. The peak of his earnings came during the 2018 season, when he made approximately $10 million, the highest single-season salary of his career.

Shumpert earned a cash prize of $360,000 for winning the 30th season of Dancing with the Stars in 2021. Shumpert has also been involved in brand endorsements with major sports brands, such as Nike and Adidas, In 2021, Shumpert's salary was approximately $447,155 as per Spotrac, in addition to his winnings from Dancing with the Stars and his brand endorsements.

In terms of personal finances, his divorce from singer and actress, Teyana Taylor in 2023 and the subsequent legal matters have had an impact on both his public image and net worth. Their divorce remained unknown publicly until November 2023. In a June 2024 court filing, Iman requested an adjustment in his child support payments, stating that Teyana makes roughly twice as much money as he does per month.

At the time, Iman was paying $8,000 per month in child support. His filing alleged that he averaged around $48,000 per month in income, while Teyana made around $94,000. In the immediate wake of their divorce, Teyana claimed that Iman withdrew $4 Million from their shared accounts and left her responsible for $200,000 worth of home repairs. These events demonstrate Shumpert's financial success which stems from both his professional achievements and strategic decisions.

What is Iman Shumpert’s Claim to Fame?

The former NBA veteran’s claim to fame is his successful career as an American footballer and actor. Let's have a close look at some of the impressive details of the significant events and milestones that helped Shumpert in gaining fame.

• College Career: During his senior year at Georgia Tech, Iman Shumpert stood out by leading the team in scoring (17.3 points per game), rebounding, and assists, becoming just the seventh player in ACC history to achieve this feat. He also ranked first in the ACC in steals, earning a spot on the All-ACC second team and the conference's all-defensive team.
• Dancing with the Stars: Shumpert won the 30th season of Dancing with the Stars with his professional partner, Daniella Karagach. In week 6 of the 10-week elimination competition, the duo tied for the highest score, earning a perfect 40 with their contemporary dance. The dance choreographed by Karagach, went viral online and was widely regarded by fans as one of the best dances in the show's history. Shumpert's victory made him the first and only NBA player in the show's history to qualify for the finals and win the competition. After winning the Dancing with the Stars competition, Shumpert and his teammate took home the Mirrorball trophy and a cash prize of $360,000.
• Taking One For The Team: In October 2024, Shumpert marked a notable transition from basketball to entertainment, leveraging his experiences as both an athlete and a public figure. He is hosting Taking One for the Team on ESPN+, a series that delves into the personal sacrifices athletes make to achieve success in their careers.
• Divorce with Teyana Taylor: Iman Shumpert and Teyana Taylor's divorce became public in November 2023, though the couple had been separated for months prior. Shumpert quietly filed for divorce in January 2023, and the split later gained media attention by financial disputes. Teyana claimed Shumpert withdrew $4 Million from their shared accounts, leaving her responsible for $200,000 in home repairs. Shumpert, on the other hand, requested an adjustment to his child support payments in June 2024, alleging that Teyana earned roughly twice as much as he did at the time. Despite these challenges, both have remained committed to co-parenting their two daughters, prioritizing their well-being and upbringing. 

What businesses does Iman Shumpert own? 

The 34-year-old former NBA star earns significant wealth through a business venture. Let's take a look at some of the impressive details of the popular basketballer’s business endeavor.

• Centerpiece: Shumpert owns a clothing brand named Centerpiece, which blends streetwear with high fashion. The brand is recognized for its bold patterns, vibrant colors, and unique designs that reflect Shumpert's personal style. In addition to apparel, Centerpiece features an accessory line offering products such as hats and designer-quality bags, further establishing the brand as a standout in the fashion industry. In a 2019 GQ article, it was stated that Shumpert had spent years saving money to start Centerpiece. He began designing the collection around late 2017, and after overcoming challenges in fabric production, he successfully launched the brand in mid-2019.

What Brands Does Iman Shumpert Endorse?

The former Cleveland Cavaliers shooting guard earns a significant amount of his impressive wealth through various brand endorsement deals and partnerships. Let's take a close look at the NBA star's brand endorsements.

• Adidas: Iman Shumpert signed a shoe deal with Adidas during his rookie year in the NBA. He was featured in a commercial, showcasing his signature high-top fade. Shumpert thought it was the perfect way to highlight both his hairstyle and his Adidas partnership. However, the NBA did not approve of the move, as league rules only allow players to wear commercial logos on their shoes, not on their jerseys, socks, or even in their hair. After the New York Knicks' win over the Milwaukee Bucks, league officials informed Shumpert that he needed to remove the Adidas logo. The next day, Shumpert publicly apologized to the NBA on his Twitter and Instagram accounts. He also launched the Adidas Crazy 97 PE "Iman Shumpert", a signature sneaker that highlighted his partnership with the prominent footwear company. The shoe featured bold designs and unique colorways, reflecting Shumpert's distinct style and flair. However, Shumpert's contract with Adidas expired after the 2016 season.
• Viralstyle: In January 2015, Iman Shumpert teamed up with Viralstyle.com to launch his Post 90 clothing brand. Shumpert collaborated closely with Viralstyle's design team to create a range of limited-edition apparel, combining his personal style with unique designs.
• Nike: Shumpert spent the 2016-17 NBA season as a sneaker free agent, lacing up rare Nike Basketball and Air Jordan silhouettes. During this period, he showcased his personal style by wearing exclusive, limited-edition sneakers from the brand. 

How does Iman Shumpert spend his Millions?

The winner of “Dancing with the Stars" season 30 is known for his financial discipline, saving most of his earnings and living off investment interest to preserve his millions of career income. He focuses on ensuring a comfortable lifestyle for himself and his family, while also making strategic investments in real estate, including their mansion in Atlanta. 

Shumpert channels funds into his creative passions, such as music and acting, and maintains a strong sense of style with a focus on quality. He also engages in philanthropic efforts, though he keeps much of charitable work private. His careful spending and long-term financial planning showcase his commitment to sustainability and security.

Iman Shumpert’s Real Estate Portfolio

The former NBA shooting guard's real estate portfolio includes a stunning mansion in Atlanta and a home in River Forest, Oak Park. Let's have a look at some of the most impressive details of the Georgia Tech player’s luxurious residence and properties.

• Mansion in Atlanta: In 2015, after signing a $40 Million contract with the Cleveland Cavaliers, Shumpert bought a stunning mansion in Atlanta for $427,000. The mansion spans almost 7,000 square feet and features six bedrooms, a wooded backyard, and a large deck, a spiral staircase, a lofted library, a double-sided fireplace, and a jetted tub. According to an Instagram post, the property is now worth around $759,000, and Shumpert got to keep it after the divorce.
• Home in River Forest, Oak Park: In 2018, Iman Shumpert purchased a home in River Forest, Oak Park, for his parents. The 4,400 square feet home features five bedrooms and is worth around $880,000. However, the detailed information about the home is limited.
• Home in Studio City, California: In 2018, Shumpert purchased a home in Studio City, California for $3 Million. Shumpert said that he's put the money he's saved over the years toward investments. The home features a 5-bedroom, 6-bathroom with a swimming pool, a movie theater, a waterfall, and a custom-built dog house. However, in August 2020, it was reported that Shumpert had listed his home in Studio City for $3.695 Million. He ultimately accepted $4 Million for the property in June 2022.

Apart from the properties listed above, Iman Shumpert reportedly owns a few more apartments according to some sources, though this cannot be confirmed.

Vehicles Owned By Iman Shumpert Over The Years

Over the years, the 6'5" shooting guard has owned a variety of vehicles, each reflecting his unique style and preference for customization. Here's a closer look at the star athlete's collection of cars-

• Jeep Wrangler: Shumpert owns a Jeep Wrangler, custom-built by Eastchester Customs, a renowned shop located on Boston Road in the Bronx, NY. The customization reflects Shumpert's personal style, with the experts at Eastchester Customs tailoring the vehicle to his preferences.
• Custom Chevy Suburban: Iman Shumpert owns a custom Chevy Suburban, built by Eastchester Chrysler Jeep Dodge Ram. The vehicle is tailored to his specifications, showcasing his unique style and preference for personalized automobiles.
• 1979 Chevrolet Corvette C3: In October 2022, Shumpert gifted his wife, Teyana Taylor, a refurbished white 1979 Chevrolet Corvette C3, filled with red roses to celebrate their sixth wedding anniversary. The thoughtful gesture was accompanied by the couple exchanging loving anniversary notes on Instagram, where they shared heartfelt messages celebrating their relationship.
• Rolls-Royce Dawn: Shumpert owns a Rolls-Royce. In November 2021, Shumpert was involved in a four-car fender-bender in Los Angeles on Sunday while driving his Rolls-Royce. He was headed northbound on Highland Avenue in Hollywood when the cars rear-ended each other. Fortunately, no serious injuries were reported, and Shumpert appeared calm, seen texting and leaning on his damaged car as an officer filled out a police report. The front grill and rear right fender of his Rolls-Royce were significantly damaged, though the total repair cost is unknown.

Besides these cars, Shumpert is also reported to own a Rolls-Royce Ghost, a Porsche Panamera, a Bentley Bentayga, and a custom Polaris Slingshot.

What Are Iman Shumpert Charitable Contributions?

The NBA player has contributed to various charities in his hometown of Oak Park, Illinois. Let's take a look at the star athlete’s most significant philanthropy and charity works.

• Providing basketball shoes: During his rookie year in the NBA, Iman Shumpert generously gifted the entire Huskies basketball team, his former college team at Georgia Tech, a pair of his signature orange Adidas basketball shoes. This thoughtful gesture reflected Shumpert's continued support for his alma mater and his desire to give back to the team that helped shape his basketball journey.
• Youth basketball camp: From 2012 to 2017, Shumpert returned to his hometown of Oak Park to host an annual youth basketball camp at Oak Park and River Forest High School. The camp not only provided young athletes with essential skills and inspiration but also served as a philanthropic effort, with all proceeds donated to local Oak Park charities.
• INVISIBLE GAME series: In October 2024, Shumpert took part in the INVISIBLE GAME series, a collaboration between UNINTERRUPTED and The Jed Foundation (JED), which focuses on mental health awareness in the world of sports. The series features candid conversations between athletes, mental health professionals, and experts, highlighting the pressures athletes face and the importance of staying mentally healthy. Shumpert, alongside other notable figures like Trae Young and Percy "Master P" Miller, shared personal experiences and insights, emphasizing the significance of mental well-being and the need for open discussion in addressing mental health challenges.
• Provided Thanksgiving dinner: In November 2015, Shumpert and his then fiancée, Teyana Taylor, displayed their generosity by providing Thanksgiving dinner essentials to 200 families in Cleveland. During a special event at the Glenville Recreation Center, they distributed turkeys and holiday fixings to pre-selected families as part of the Cavaliers' Turkey Giveaway, presented by LIBBY'S Pumpkin and Carnation Milk. The initiative was part of the annual Cavaliers Season of Giving, supported by Nestlé Baking. Their efforts not only ensured a brighter holiday for many but also brought joy to attendees, enhanced by the presence of the Cavaliers mascot, Sir C.C., creating a festive and memorable evening for all involved.
• Helped the homeless community: In February 2016, Shumpert showed heartfelt compassion by personally donating socks and clothing to Cleveland’s homeless community. After noticing gatherings near St. Malachi Church on his way to work, Shumpert was inspired to help and reached out to the Cavaliers and local organizations. With guidance from NEOCH and Care Alliance, he visited shelters and campsites, meeting individuals where they lived and distributing essential items from his own funds. Shumpert’s sincerity and hands-on approach stood out, as he engaged directly with those in need, demonstrating genuine care and a desire to make a meaningful impact on the lives of Cleveland’s homeless and at-risk population.
• Denote money for every steal: In February 2016, Iman Shumpert announced that he will donate money for every steal he records during the upcoming NBA season. This charitable initiative reflects his commitment to giving back to the community, with the proceeds going to causes he supports. By tying his on-court performance to his philanthropic efforts, Shumpert hopes to raise awareness and inspire others to engage in giving back, turning each steal into an opportunity for positive impact.

What’s Next For Iman Shumpert?

In 2025, Iman Shumpert continues to make strides in entertainment and remains open to basketball opportunities. He is hosting Taking One for the Team on ESPN+, a series highlighting athletes' sacrifices, and may explore more roles in hosting or acting, building on his success in shows like Dancing with the Stars. 

While Shumpert hasn’t played in the NBA since the 2020-21 season, he has not retired and is open to a return if the right opportunity arises, with the Big3 League also being a potential option. Additionally, he and his ex-wife, Teyana Taylor, remain committed to co-parenting their two daughters, focusing on providing a stable and loving environment.

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