Mike Conley has been associated with the American basketball team Memphis Grizzlies since 2007. Seeing his talent and brand value, the team is using all it’s moves to keep him associated with them.
This was quite evident in 2008, as he was signed at $3.5 million per year which has now increased to more than $30 million per year. This is the second highest contract value received by an NBA player, the highest being Stephen Curry with a contract of $40 million per year.
House and Cars
Mike Conley resides in Collierville in a mansion spread over 7,100 square feet area with 4 bedrooms and 7 bathrooms. The kitchen features an island as well as a breakfast nook. The mansion has enough room for guests and has various other luxury features. The estimated price of this mansion is $1.85 million at present.
Conley has a precious collection of luxury cars and the global brands can be spotted in his mansion. His collection includes Range Rover and Maserati Quattroporte and the recent addition of Tesla Model S has taken the count of his collection to 9.
Conley earns a considerable fraction of his money by endorsing various brands. The recent addition to the list of brands endorsed by this basketball star was Jordan, a subsidiary of Nike.
It has been reported that Nike has offered Mike a nice sum to prevent his contract extension with Adidas. Apart from that, one can see him endorsing Mountain Dew and Dr. Scholl's too.
There are no reports in public availability that confirm that Mike Conley has any other sources of income like equity stakes or bonds. But regular title wins in NBA like Best Sportsmanship and All American have increased his value as a brand as well as a player.
The net worth of Mike Conley is estimated to be around $90 million and has seen a huge rise of 750% in the past ten years.
If he continues to perform well on the court and is favoured by fortune, his net worth is estimated to increase by 200% by the end of the next NBA season.