Lonzo Ball, the Chicago Bulls star, has made headlines both on and off the court. From his early days in Chino Hills, California, to becoming a key player in the NBA, Ball’s journey has been shaped by his family, his talent, and his resilience.

While his basketball career is well-documented, his financial success—through NBA contracts, endorsements, and investments—is equally noteworthy. Let’s dive into the details of Lonzo Ball’s NBA salary, contract, and overall earnings.

How long is Lonzo Ball’s contract with the Chicago Bulls?

After his stint with the New Orleans Pelicans, Lonzo Ball entered the 2021 offseason as a restricted free agent. The Chicago Bulls, eager to bolster their roster, saw Ball as a perfect fit. His playmaking ability, defensive prowess, and leadership qualities made him a valuable addition. Fans were thrilled, and the franchise quickly secured his services with a long-term contract.

Ball signed a four-year, $85 million contract extension with them. This deal was structured to keep him as a vital part of the team’s future. With the hooper’s unique ability to create plays, facilitate fast breaks, and lock down defensively, the Bulls knew they were getting a player who could elevate their game. However, the details of the contract itself were not just about money; they were about a vision for the team’s future.

As part of the deal, the hooper’s contract was set to cover multiple seasons. The first three years were loaded with guaranteed money. His annual cap hit increased steadily, from $18.6 million in 2021-22 to $20.5 million by 2023-24. The contract offered stability for both the player and the team, but it also left room for growth.

By the fourth year of his contract, his salary would jump again to $21.4 million. Nonetheless, this year also carries the option for Lonzo to become a free agent. The team and the player have the flexibility to reassess after the 2024-25 season.

While some contracts are tied down with long-term plans, this deal strikes a balance. The final season of his current contract will see Ball either testing the market or extending his stay in Chicago. The ball is in his court.

At just 27, Ball will likely still be in his prime during that decision. Whether he remains with the Bulls or explores other options, this contract provides him that power.

This strategic contract structure reflects not just confidence in his abilities, but also an acknowledgment of his potential growth. For Lonzo Ball, the next few seasons will be crucial. As he develops in Chicago, his future remains open—what happens next could be just as exciting as his arrival. Now that we’ve explored his Bulls contract, let’s take a closer look at his other earnings and career milestones.

How much has Lonzo Ball made over the years in the NBA?

Lonzo Ball was promising in his debut season. Drafted as the second overall in 2017 by the Los Angeles Lakers, expectations were high. One of the many reasons for this was because of the family he belongs to. As the son of LaVar Ball, the outspoken patriarch of the Ball family, Lonzo navigated through the league. His earnings steadily climbed, reflecting his role on various teams and his growing prominence in the sport.

In his rookie season, he earned $6.3 million, a figure that reflected both his draft position and the Lakers’ investment in their future. But that was only the beginning. As Lonzo continued to prove himself, his paycheck began to mirror his increasing value on the court.

In 2018-19, Lonzo’s salary increased to $7.5 million, reflecting his growing impact with the Lakers. The following season, with the New Orleans Pelicans, he took another step forward. His earnings jumped to $8.7 million as part of a promising young team centered around Zion Williamson. That year marked a significant leap, both financially and professionally, for Lonzo. However, it wasn’t just about playing on the court—it was about making the most of his opportunities off it too.

By the time Lonzo moved to the Bulls in 2021, his salary had seen a notable rise. Well, his contract with the Bulls is something that we have already discussed. So far, the hoopster has made an impressive $92 million in NBA salaries over his career. Now, that’s not it. When factoring in the additional $12 million in potential earnings from incentives, the hooper’s total earnings rise to around $104 million. However, his earnings are not only from the NBA.

Off the court, he’s diversified his income streams. His income also comes from his brand partnerships. He appeared in ads for companies like Marvel, Footlocker, and C4 Energy. Lonzo was also a key figure in promoting the Big Baller Brand, though he eventually severed ties with the company after a financial scandal in 2019. And all this leads to his net worth of $40 million as of 2024.

Beyond endorsements, Lonzo is an active investor. In 2021, he put money into Overtime, a rising sports network, and Hungry, a food auction company. These ventures show that Lonzo is thinking beyond his playing days, building wealth, and securing his financial future in ways many athletes don’t. However, Lonzo has also made smart investments in real estate.

Back in 2017, he made a huge purchase in California. A $5.2 million home in Chino Hills, California. The property was expansive like it was a massive 13,800-square-foot estate, including luxurious amenities like a game room, gym, and a private pool. But, he wanted an upgrade. So as part of it, in 2022, he shifted to a newly renovated $7.3 million property in Sherman Oaks, showcasing his growing real estate portfolio. However, his love for luxury is also evident in his car collections.

He drives a Mercedes G63 and a Dodge Challenger SRT Demon, both of which fit his lifestyle and status. But beyond his luxurious lifestyle and busy NBA career, Lonzo Ball actively gives back to the community. He led a charity softball tournament in 2019 to raise funds for clean water initiatives. He has actively participated in various charity events, using his platform to support important causes.

From his lucrative NBA contracts to his savvy investments and philanthropic efforts, Lonzo Ball has proven himself to be more than just a basketball star. His journey, both on and off the court, serves as a testament to his talent, ambition, and forward-thinking mindset. As he continues to grow, both as a player and a businessman, the future looks bright for Lonzo Ball.