51 years old American college basketball coach Penny Hardaway‘s net worth is estimated at $50 million as of 2023.
What is Penny Hardaway’s Net Worth & Salary?
Penny Hardaway has an estimated net worth of $50 million as of 2023.
He has earned all his fortune as a basketball player and coach.
He made over $120 million in his 16-season career as a basketball player.
In 2020, he signed a five-year contract with Memphis Tigers worth $12.5 million. His initial contract was worth $4.8 million for three years.
Currently, his average annual salary is $2.45 million.
Aside from basketball, Penny owns a barbershop and beauty salon in downtown Memphis. He also has a turf business based in Miami.
Penny Hardaway‘s Net Worth Estimates
The graph of Penny Hardaway‘s Net Worth is shown below-
Penny Hardaway net worth 2023– is $50 million
|Net Worth Year||Total Income|
Who is Penny Hardaway? Biography, Career, Net Worth
Penny Hardaway is 51 years old American college basketball coach and a former professional player. As of 2023, Penny Hardaway’s net worth is $50 million.
He is well known for playing 14 seasons in the National Basketball Association, where he was a two-time All-NBA First Team member and four-time NBA All-Star.
Penny began his professional career after getting selected in the first round of the 1993 NBA draft by the Golden State. He later got traded to Orlando Magic and played six seasons.
Aside from Magic, Hardaway also played for teams such as Phoenix Suns, New York Knicks, and Miami Heat. In 1996, he represented the United States in Olympic Games, winning the gold.
However, Penny got released by Miami Heat in December 2007. In March 2018, he joined as coach of the Memphis Tigers.
He signed a five-year contract extension worth $12.25 million in December 2020.
Moreover, Penny appeared as a college freshman in the feature film “Blue Chips” (1994) alongside Shaquille O’Neal.
He also got featured in the ESPN 30 for 30 documentary film, “This Magic Moment”, in 2016.
In 2021, the Memphis Tigers became the National Invitational Tournament (NIT) Champion under his guidance as a coach.
But how does all this fame and popularity convert into cold hard cash?
What sort of worth does this famous Ex-NBA Player make?
So, let’s dive deep to discover Penny Hardaway‘s net worth and how much this celebrity made his fortune.
Do you know how old and tall is he?
If you don’t know, you can go through this article about Penny Hardaway‘s height, net worth 2023, age, marital life, Kids, career, family, etc.
How did Penny Hardaway’s Net worth reach $50 Million?
As a Professional Player
In 1993, Penny Hardaway got selected to the NBA by the Golden State. He later got traded to the Orlando Magic for Chris Webber.
He played six seasons with the team, winning many accolades. Penny became the 2x All-NBA First Team member and 4x NBA All-Star.
He also became the NBA Rookie Challenge MVP, NBA All-Rookie First Team, All-NBA Third Team, and Consensus first-team All-American. He averaged 19 points, 6.3 assists, 4.7 rebounds, and 1.9 steals per game in 369 regular season games with the Magic.
Hardaway also averaged 21.8 points, 4.9 rebounds, 6.5 assists, and 1.9 steals in 45 playoff games with the Magic.
In 1996, Penny played for the United States Olympic Games Basketball Team, winning a gold medal. He averaged 9 points, 2.8 rebounds, 4.4 assists, and 1.4 steals in eight games.
In 1999, Penny joined Phoenix Suns. He averaged 12.4 points, 4.5 rebounds, 4.2 assists, and 1.3 steals in 236 regular season games with Phoenix. He also averaged 17.3 points, 5.1 assists, 5.3 rebounds, and 1.8 steals in 15 playoff games.
Additionally, Hardaway played for the New York Knicks averaging 8.2 points, 3.5 rebounds, and 1.9 assists in 83 games. In 2006, he got traded back to Orlando, where they waived him.
In August 2007, he got signed by the Miami Heat, but in December 2007 got waived by the Miami too.
According to his career statistics, Penny Hardaway averaged 10,684 points, 3,146 rebounds, and 3,525 assists in his 16-year playing career.
As a Coach
Penny Hardaway became the coach of Lester Middle School for his friend Desmond Merriweather, who was undergoing treatment for colon cancer in 2011.
He led the team to the West Tennessee State title 58-57, finishing 28-3 for the season.
In 2018, Penny became the head coach of the Memphis Tigers by replacing Tubby Smith. He led the team to be the NIT champion in 2021.
Other ventures & Brand Endorsements
Aside from basketball, Penny starred in the 1994 American sports drama film “Blue Chips” as Butch McRae.
He also starred in the Nike advertising campaign, “Lil Penny”, in the mid to late 90s.
In 2016, he got featured in the ESPN 30 for 30 documentary series film “This Magic Moment” with Shaquille O’Neal.
Penny Hardaway in Real Estate
Penny Hardaway purchased an 11,000-square-foot mansion in Memphis for $4.25 million. Apart from this, he also owns some land in New York and Los Angeles.
How old is Penny Hardaway?
According to his date of birth, Penny Hardaway is 51 years old.
Penny Hardaway was born on 18th July 1971 in Memphis, Tennessee, named Anfernee Deon “Penny” Hardaway.
He was born in the family of Fae Hardaway and Eddie Golden. Hardaway grew up in the Binghampton neighborhood of shotgun houses in Memphis.
He got his nickname from his grandmother, calling him “Pretty”, which sounds like “Penny”.
Hardaway initially started playing football but changed due to his grandmother.
He later played on the Memphis YMCA Jr. Olympic basketball team. He also refereed youth sports at the Memphis YMCA.
Penny averaged 36.6 points, 10.1 rebounds, 6.2 assists, 3.9 steals, and 2.8 blocks in his high school.
He also got named Parade Magazine National High School player of the year.
Penny Hardaway attended Treadwell High School for his studies. He later enrolled at Memphis State University, achieving a 3.4 cumulative GPA.
He entered the 1993 NBA Draft by just passing up his senior season. However, Penny graduated with a bachelor’s degree in professional studies in May 2003.
Penny Hardaway’s Height, Weight, and Physical Stats
Do you want to know the physical appearance, height, and weight of Penny Hardaway?
Have a look below:
|Height||6 ft 7 in or 200.5 cm|
|Weight||88 Kg or 194 lbs|
|Eye Color||Dark Brown|
|Shoe/Feet Size||11 US|
Penny Hardaway’s Girlfriend & Kids
Hardaway has two daughters born in 1992 and 1995 from his former high school girlfriend Latarsha McCray (1990–2006).
He also has a son named Jayden, who plays at the University of Memphis.
Moreover, he has a son that is a sophomore in HS.
Penny Hardaway is a Memphis-based former professional basketball player. He got famous for being the head coach of the Memphis Tigers in 2018.
He started playing football initially but later became a basketball player on his grandmother’s advice.
In 1993, Penny got selected by Golden State in the first round of the NBA draft. However, he later got traded to Orlando Magic, where he played six seasons progressively.
Hardaway also played for NBA teams like Phoenix Suns, New York Knicks, and Miami Heat. In 2007, he got waived by the Miami Heat.
After his playing career, Penny decided to start as a coach at Lester Middle School and later at the Memphis Tigers in 2018.
In 2021, he led Memphis to become the NIT champion. As of February 2023, Penny Hardaway has a net worth of $50 million.
Penny Hardaway’s Instagram and Twitter Account
You can view his latest videos and photos posted by him on his Instagram account (@iam1cent).
As of 12 February 2023, she has made around 606 Instagram posts. He has More than 430K followers who regularly visited his Instagram account.
Visit his Instagram posts by clicking the link below:
He is also active on Twitter. Penny made his Twitter account (@Iam1Cent) in July 2010.
He made around 1962 tweets and has 112.7K followers on his Twitter account as of 18 February 2023.
Anfernee Deon Hardaway (born 18 July 1971), famous as Penny, is a former American basketball player & basketball coach.
Penny Hardaway‘s real name (Birth name) is Anfernee Deon Hardaway.
The famous former American professional basketball player was born on, 18 July 1971, as of 2023, Penny Hardaway is 51 years old.
Penny Hardaway’s net worth is around $50 Million and is still growing along with his fame.
Penny Hardaway is reportedly 6 feet 7 inches (201 cm) tall.
Penny Hardaway‘s annual salary is estimated to range between $2.4 million to $2.5 million