What is Ben Simmons' net worth as of 2022? All you need to know about the Brooklyn Nets star

Brooklyn Nets v Toronto Raptors
Ben Simmons of the Brooklyn Nets

Ben Simmons struggled to start the season after an ugly spell with the Philadelphia 76ers. The 6-foot-10 guard is starting to regain his confidence and is becoming a crucial piece for the Brooklyn Nets. Simmons joined the league in 2016 after he was selected with the first pick in the 2016 draft. He plied his trade with the Sixers until things got sour in 2021.

The Australian signed a five-year $177.2 million maximum rookie contract extension with the Sixers in 2019. His rookie contract saw him earn $26 million in the first three years of his career. Although it has been difficult to accurately ascertain Simmons' net worth, here is an estimate. According to Celebrity News, his net worth stands at about $6 million.

The three-time All-Star also signed a $20 million deal with shoe giants Nike. The deal also includes bonus incentives that could bring his total earnings to about $40 million in value.

Simmons could earn a lot more in salary as his career continues to grow. There has been some ugliness in his career and teams do not see him as a big contributor offensively. However, he could get another big contract if he continues to play well.

The 2018 Rookie of the Year has averaged 15.4 points, 8.0 rebounds, and 7.6 assists throughout his career. Meanwhile, he has struggled for form this season, which was expected as he did not play throughout the 2021-22 season.

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How was Ben Simmons' net worth affected by paying fines to Philadelphia Sixers?

Ben Simmons of the Brooklyn Nets
Ben Simmons of the Brooklyn Nets

Simmons established himself as one of the premier defenders in the league. He received high praise for his ability to guard practically all positions and still impact the offense, especially in transition.

Unfortunately, he had a falling out with the 76ers after their loss to the Atlanta Hawks in the 2021 Eastern Conference semifinals. The Australian was attacked by fans for the role he played in the loss, and spoke out about not getting any support from the organization.

Simmons was determined to leave the Sixers that summer by any means necessary. The Defensive Player of the Year runner-up forced a move away from Philly, a process which saw him pay hefty fines.

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The entire ordeal started when Ben Simmons refused to feature in any of the Sixers' 2021-22 preseason games. For every game he missed, even in the regular season, Simmons was fined $360,305.

While Simmons fought the fines, claiming that he was out due to medical reasons, the franchise wasn't having it. Philly doctors said Simmons was not cooperative regarding receiving help with his mental health issues.

That year, Simmons paid over $17 million in fines before the Sixers found a trade partner before the February 10 deadline. Simmons, alongside other role players, was traded to the Nets in exchange for James Harden.

Losing $17 million in four months is mindblowing. Ben Simmons would be worth more if he held on to that sum. Nonetheless, the Nets guard will earn over $35 million this year in his first official stint with the Brooklyn-based team. He would also earn over $70 million in the next two years playing with the Nets.

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Edited by John Maxwell