Jimmy Butler Net Worth

Last Modified Dec 5, 2023 10:31 GMT
Jimmy Butler Net Worth
Jimmy Butler at Miami Heat Red, White & Pink Game (Credits: Getty Images)

Jimmy Butler is a professional basketball player who plays for the Miami Heat in the National Basketball Association (NBA). Born on September 14, 1989, in Houston, Texas, Butler played college basketball at Marquette University before being drafted by the Chicago Bulls as the 30th overall pick in the first round of the 2011 NBA draft.


Throughout his career, Jimmy Butler has established himself as one of the best two-way players in the league. He is known for his defensive prowess and ability to score at will when his team needs him most. In addition to playing for the Chicago Bulls and Miami Heat, he has also played for teams like Minnesota Timberwolves and Philadelphia 76ers.


NameJimmy Butler III
Net Worth$80 Million approximately
Age34 years
ResidenceCurrently residing in South Miami Community, Florida
PositionSmall forward
Marital StatusIn Relationship with Kaitlin Nowak
Source of WealthEndorsements deals, Investments, and lucrative NBA salary
EndorsementsNike’s Jordan Brand, Li-Ning, Beats by Dre, Body Armor, Hyperice.


How much is Jimmy Butler's Net Worth as of 2023?

Jimmy Butler has an estimated net worth of $80 million, as per Celebrity Net Worth. This impressive valuation comes from various sources like his lucrative contracts with different teams throughout his career, including endorsement deals.


Jimmy Butler Salary

As per his current contract, Butler signed a three-year deal worth $146,396,031 and is set to earn a base salary of $45,183,960 in the 2023-24 season. In 2021, Jimmy Butler signed a $184 Million four-year contract extension with the Miami Heat. This earned him a salary of $37 Million, as of the 2022-2023 NBA Regular season, or about $460,000 per game.


The extension Butler signed allows him to earn more as he nears the extension deadline of 2025 with reports suggesting that he will earn a whopping $52 Million in the last year of the contract.


Jimmy Butler Endorsements and Investments

Known for his skills on the court, Jimmy Butler has also shown some entrepreneurial skills in his business ventures. In particular, he has been involved in some lucrative endorsements and investments that have helped him to build a substantial net worth.


One of Jimmy Butler's most significant endorsement deals was with Jordan Brand. This deal was signed in 2014 and reportedly made him around $5 million per year. The deal with the Jordan brand ended early in 2022 and he signed with a much less popular Chinese brand called Li-Ning. This deal makes him about $3 Million per year.


In addition to his partnerships with Jordan and Li-ning, Butler has also worked with other companies such as JBL Audio, BodyArmor SuperDrink, Panini America trading cards, and more. His most recent endorsement collaborations include Aqua Hydrate, Beats by Dre, Bonobos, five four groups, and Hyperice.


Aside from endorsements, Jimmy Butler has also made some smart investments over the years. One of his most notable investments is in coffee shops. He owns stakes in three different coffee shops: one located near Philadelphia where he used to play professionally; another near Miami where he currently plays, and one back home in Houston.


The NBA star even owns a coffee company called Big Face Coffee that became popular during the 2020-2021 playoff bubble games held in Disney World amidst COVID-19 restrictions where he charged $20 per cup which made headlines worldwide.


Jimmy Butler’s Other Sources of Income

Butler’s lucrative endorsement deals with prominent companies like Nike’s Jordan Brand, Body Armor, and Beats by Dre, his investments, and current business dealings in coffee shops, not to mention his highly respectable NBA salary have immensely contributed towards his Net Worth and are the most prominent streams of income for him.


Jimmy Butler House and Car

Butler's investment portfolio extends beyond just coffees though. Back in his days with the Bulls, Jimmy Butler had purchased a six-bedroom, five-bathroom mansion in Chicago’s ritzy River neighborhood for $4.3 Million. The Mansion included fantastic amenities such as billiards and bar recreation room, a wine cellar, outdoor deck spaces, and lots more.


After signing with the Heat, he purchased a decent home in the south Miami community for an eyebrow-raising $7.4 Million. The home came with six bedrooms, six bathrooms, a beautiful pool, and a large parking garage for some of the best four-wheelers in all of South Miami.



2021 Toyota Sienna (courtesy of CNET official Pinterest page)



Porsche 911 Carrera S (via Porsche's official Pinterest page)


When it comes to the car he drives, the NBA all-star is very humble and doesn’t appreciate overspending on automobiles. The car Jimmy Butler prefers the most is his Toyota Sienna ($30K) despite owning a stunning Porsche 911 Carrera S ($160K), and a Mercedes Maybach GLS ($147K).


Jimmy Butler Charity Work

One of the notable charities that Jimmy Butler has supported is the 94 Feet of Game Foundation. The foundation aims to provide education, mentorship, and resources to underprivileged youth. Various programs and initiatives, help children from disadvantaged backgrounds develop their talents, build self-confidence, and achieve their full potential.


Butler also supports the Special Olympics organization by participating in events and raising funds for the cause. He believes that sports should be inclusive of all ages and abilities and strives to make it possible through his involvement with Special Olympics.


Apart from these organizations, Jimmy Butler has also established his charity called The Jimmy Butler Foundation. It focuses on improving educational opportunities for children who come from challenging backgrounds. The foundation provides financial assistance to schools in need while supporting other initiatives aimed at increasing access to quality education.


Despite facing a few setbacks due to injuries and controversies surrounding locker room issues over time, Jimmy Butler remains one of the current top athletes. His excellent skills coupled with hard work and the notion of giving back and supporting the community continue inspiring young upcoming athletes striving towards success while building their careers within the sports industry worldwide.


FAQs

A. Jimmy butler was drafted in 2011 and went 30th overall to the Chicago Bulls.
A. The Chicago Bulls. He played six seasons with the franchise before going to the Minnesota Timberwolves.

A. No. Jimmy Butler has not won an NBA championship yet. Butler and the Miami Heat went to the 2020 NBA finals but lost to LA Lakers 4-2.

A. He is a native of Houston, Texas.

A. Jimmy Butler's current net worth is approximately $80 million as of 2023.

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