Ever wondered how a 5’10” point guard became a basketball legend and built a thriving career beyond the court? Damon Stoudamire’s basketball journey is nothing short of inspiring. From his college days at the University of Arizona, where he earned three All-Pac-10 honors and the prestigious Pac-10 Player of the Year award in 1995, to his selection as the seventh overall pick in the 1995 NBA Draft by the Toronto Raptors, Stoudamire has consistently left his mark.

Over 13 years in the NBA, “Mighty Mouse,” as fans affectionately call him, dazzled with his skills, racking up over 11,700 points and 5,300 assists. But his story didn’t end there. Transitioning into coaching, he made an impact at places like Rice University and Georgia Tech. Curious about his earnings through all these years of his association with basketball? Let’s dive into Stoudamire’s net worth and career highlights.

A look into Damon Stoudamire’s finances

As per Celebrity Net Worth, Stoudamire has a net worth of $46 million. His NBA career earnings totaling $99,672,198 significantly impacted Mighty Mouse’s financial journey. Something that has been as fascinating as his playing days. So let’s take a closer look at how this fan-favorite built his wealth during his time in the league.

The 5’10” player started his career with the Toronto Raptors in 1995, becoming the team’s first-ever draft pick. And boy, did he prove his worth. The former NBA star, averaging 19 points and 9.3 assists per game, earned the 1996 Rookie of the Year honor for himself.

No wonder that during his three seasons in Toronto itself, he earned over $4.6 million. And by the season 1997–98, his annual salary had climbed to $1,748,760. A far cry from the figures that would define his prime years but still reflective of his growing stature in the league. Those early seasons, anyway, weren’t just about money. They were about setting the stage for what was to come.

Yes, his numbers were witnessing a drastic decline from what he was putting up for the Raptors, but his tenure for the Blazers brought a financial boom for Damon Stoudamire. Over seven seasons with the team, he earned an incredible amount of over $79 million. His peak salary, you asked? A whopping $12.5 million during the 2004–05 season, as per HoopsHype.

Portland, however, wasn’t just a financial milestone for him. It was where he spent the bulk of his career, developing into a trusted leader and contributor.

For the latter part of his career, Damon Stoudamire signed with the Memphis Grizzlies, where he earned $14.4 million over three seasons. Even as his playing days wound down, he proved he still had value. His salary peaked at $4.3 million with Memphis in 2007–08. Eventually, he wrapped up his career with the San Antonio Spurs in 2008, earning $556,438 in his final NBA season.

From modest financial beginnings in Toronto to the lucrative prime years in Portland, Mighty Mouse’s financial journey is a testament to hard work paying off. But this was not it for the 5’10” star to build his wealth from the game he had his life to.

Damon Stoudemire’s coaching stints have continued to add to his net worth

Stoudamire’s journey from the hardwood to the sidelines is nothing short of inspiring. The former NBA star, once renowned for his skills as a point guard, has steadily built a remarkable career as a coach. A path that has not only enhanced his legacy but also his net worth.

It all started in December 2008, when Stoudamire took on the role of director of player development for the Rice University Owls. It was a natural fit, given his knack for mentoring guards, and a perfect launchpad for his coaching career. Just a few months later, in February 2009, he joined the Memphis Grizzlies’ coaching staff. A move that allowed him to blend his NBA experience with coaching expertise.

By May 2011, Damon Stoudamire was on the coaching staff of the Memphis Tigers, the NCAA program, where his impact was immediately felt, especially during the 2011-2012 season. But the opportunities kept coming. No wonder that in 2013, he transitioned to the Arizona Wildcats before making his mark as the head coach for the Pacific Tigers in 2016—his first chance to lead a program.

Fast forward to 2023, Stoudamire landed the head coaching role at Georgia Tech, earning a reported $2.18 million in his first season alone. So it’s clear that his coaching stints are only boosting his existing $46 million net worth.