Ja Morant has had some questionable off the court decisions lately.
— Andrew Petcash (@AndrewPetcash) May 27, 2023
But he's made plenty of SMART business moves over the last few years.
A billionaire by 30 years old?
Here's the fascinating breakdown: pic.twitter.com/VAfv2oNfqK
First some background...
— Andrew Petcash (@AndrewPetcash) May 27, 2023
Ja Morant was born on Aug 10, 1999:
• both his parents we're college athletes
• dad gave up his pro career to raise him
• played at Crestwood HS in Sumter, SC
Ja left college for the NBA after 2 years at Murray State... pic.twitter.com/N7rdrGATjv
And it didn't take long for Ja to become a star in the league.
— Andrew Petcash (@AndrewPetcash) May 27, 2023
🅠2x All-Star
🅠All-NBA 2nd team
🅠NBA Rookie of The Year
🅠NBA Most Improved Player
On the court success, fueled off the court business moves...
To start, the Memphis Grizzlies signed Ja to a 5-year, $194M deal (all of it guaranteed).
— Andrew Petcash (@AndrewPetcash) May 27, 2023
And he makes millions in endorsements:
• JBL
• Hulu
• Panini
• Hasbro
• Wendy’s
• DoorDash
• Body Armor
• Beats by Dre
• PSD Underwear
But the biggest one was... pic.twitter.com/upjcHllIpp
Ja Morant's massive contract with Nike.
— Andrew Petcash (@AndrewPetcash) May 27, 2023
How much? Reportedly ~$75M.
After landing his own shoe Ja got serious:
-
"Now, I’m a brand. I’m a business. I have to protect my image to have a good business.†pic.twitter.com/5JnPr2de4k
And after last season...
— Andrew Petcash (@AndrewPetcash) May 27, 2023
Ja and his mom put together a goal:
"Be a billionaire by 30 years old" 👀
It started out great... pic.twitter.com/eSLZw6637X
Ja made several business moves:
— Andrew Petcash (@AndrewPetcash) May 27, 2023
1. received equity in HyperIce
2. launched Promiseland, a TV-show featuring Ja's basketball journey
3. donated thousands to the boys & girls club in Memphis, Tennessee
4. started looking at more private companies and real estate to invest in
Things have gone a bit sideways of late for Ja Morant...
— Andrew Petcash (@AndrewPetcash) May 27, 2023
But don't forget:
• he's only 23 years old making ~$45M/yr
• has lots of pressure and spotlight on him
Let's hope Ja can regroup and become a billionaire by 30. Lots of kids look up to him. pic.twitter.com/PLvn2eeYxo
Let's hope Ja can regroup and become a billionaire by 30. Lots of kids look up to him.
Being a billionaire isn't as hard as it once was...not taking anything from it...it's still unimaginably wealthy
But...take a young player like say luka...by 28 he will be made 250 million in the nba...if patterns stay the same...when he's 28 he will sign a 400 million dollar deal....that will be 650 million earned just off nba salary by the age of 32....
Not to mention he got 75 mill for 5 years from nike...and will probably get another 150 mill from Nike in 27 when that's up ..
So by 32 years old Luka is on track to earn close to 900 mill from nba and Nike deals Alone
is a gay ass, angry sissy boy who’s jealous of the queen bc he wants to be me. Look at me and look at his scrawny ass; no comparison
Now go play with somebody other than your step dad that’s smashin’ daily u wh0re lol