What is Tyronn Lue Net Worth as of 2023?

Last Modified Oct 6, 2023 05:23 GMT
Tyronn Lue Net Worth
Tyronn Lue, (Source: Getty Images)

Tyronn Lue is among the top coaches in the history of the modern NBA. His perseverance and dedication to making a change have been one of his coaching career’s commendable silver linings. Coming from a small city in Mexico, Missouri, Lue had a decent career as a player before he chose coaching as his basketball career’s next commitment.

NameTyronn Jamar Lue
Net WorthOver $20 million
Age46 years
ResidenceLas Vegas, Nevada
PositionHead Coach, previously Point Guard
Marital StatusNot Married
Source of WealthNBA Salary, Keynote speaking, Investments, etc.
SalaryBetween $7 and $8 million
EndorsementsNot known
Endorsement earningsNot Known

Lue quickly built a firm grip on aspects of coaching a basketball team and in just five years got his first big break as the head coach of a talented Cleveland Cavaliers team. On October 20, 2020, Lue was appointed as the Head Coach of the Los Angeles Clippers.

Lue had big shoes to fill by replacing a veteran head coach in David Blatt as it was now his job to make an already good Cleveland team into a great team. Lue led the Cavaliers to a historic championship victory and only got better at his job as time went on. More recently, he has been coaching the Clippers and the future seems bright.

Tyronn Lue’s Net Worth

As of 2023, Tyronn Lue’s Net Worth is reportedly around $25 million. With many reports suggesting slightly different numbers about coach Lue’s net worth, it is difficult to estimate the exact figures. Since coaching the Cavaliers to their first franchise championship, Lue has added over six million to his net worth.

Tyronn Lue Salary

With a salary between $7 million and $8 million, Coach Lue is among the highest-earning coaches in the NBA behind Pistons coach Monty Williams, Spurs coach and president Greg Popovich, Warriors coach Steve Kerr, Heat’s Erik Spoelstra, NY Knicks coach Tom Thibodeau, and the 76ers’ Nick Nurse.

Lue signed his current deal in 2020 and is expected to stay with the Clippers till 2025.

After the Cavaliers beat Golden State 4-3 to become NBA Champions, Lue signed a five-year $35 million deal in July 2016 which earned him seven million dollars as head coach. Before becoming the head coach and signing his extension, Lue was already the league’s highest-paid assistant coach due to his four-year 6.5 million deal which he signed in 2014.

Tyronn Lue Endorsements

There isn’t credible information available on Tyronn Lue’s endorsement deals.

Tyronn Lue Investments

There is no essential information available about coach Lue’s investments.

Tyronn Lue’s other sources of Income

Coach Lue’s primary source of income has been his salary as head coach and it has been the main contributor to his advancing net worth. Aside from his lesser-known endorsements and investments, coach Lue also earns a substantial amount as a keynote speaker. His minimum charge per appearance ranges between $25,000 and approximately $40,000 (U.S. rates).

Tyronn Lue House

Coach Lue resides in Las Vegas. His nine-bedroom and six-bathroom mansions span over 7000 square feet of space. Built in 1975, the house comes with Clay-tiled flooring, a beautiful backyard pool, and a beautifully designed kitchen among others. Bought for $1.5 million in 2008, the house is worth almost double the amount now.

Lue previously owned a beautiful lakefront mansion in Bay Village, Ohio. Completed in 2006, the mansion sits on about 1.7 acres of land and comes with five bedrooms, a chef’s kitchen which includes a wine cooler, a coffee machine, and multiple sinks among other features, a spacious living room & fireplace, a game room, an outdoor tennis court, and a plenty of beautiful looking open green spaces.

Lue put the property for sale after he was abruptly let go in 2019.

Tyronn Lue Cars

There is limited to no credible information online on Tyronn Lue's cars.

Tyronn Lue Charity Work

In recent years, Lue has strived to contribute towards his hometown of Mexico, Missouri. The city consists of a humble population most of whom live a decent, hardworking life.

In August of this year, Tyronn Lue was in his hometown of Mexico and announced a multi-million-dollar development plan that would focus on improving education and its access and the overall community. The investment amount will be utilized for a good cause rather than for commercial purposes.

The project will be supported by the Ballmer group which was founded by the LA Clippers owner Steve Ballmer and his wife, Connie.

Lue has also been involved in handing out treats and supplies to the needy in Mexico with the help of local support such as law enforcement. He wishes for an environment where everyone can look out for each other and their needs. Lue comes from a humble household and understands the importance of a safer, more connected society.

Through the Tyronn Lue Fund, he has lent support towards many community events ranging from youth summer camps to annual community celebrations.

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FAQs

A. Lue earns a salary that is between seven and eight million dollars.

A. Lue began as head coach in 2016.

A. Lue is a three-time NBA champion, twice as a player (2000,2001) and once as a head coach (2016). 

A. Lue resides in Las Vegas, Nevada.

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