Rich Dudes│Inside Carmelo Anthony's Six-Figure Net Worth

Carmelo Anthony, AKA Melo, is a former professional basketball player born in Brooklyn, New York, with an estimated $160 million net worth. Anthony is widely remembered for being a part of the New York Knicks and the Denver Nuggets during the prime of his career, where he was a ten-time NBA All-Star and an All-NBA Team member six times.

Though he never got to the NBA Finals, he was a champion in college, leading Syracuse to the national title in 2003. His mother, Mary Anthony, passed away when he was just two years old, but Carmelo Anthony married La La Anthony in 2010 (although they’re now divorced).

Since his retirement, his net worth has grown thanks to his investments and future projects in entertainment and other industries.

Carmelo Anthony is one of the NBA’s greats. During his 19-year-long career, Anthony has developed the nickname "Melo" and is one of the most gifted scorers in NBA history. His impressive journey began in 2003 when the Denver Nuggets drafted him third overall. His success with the Nuggets earned him All-Star and All-NBA nominations and two division titles.

In 2011, he was traded to the New York Knicks and led the team to a 54-win season from 2013 to 2014. That same year, he scored his career-high 62 points in a single game. His next career stage involved playing for the Oklahoma City Thunder, the Houston Rockets, the Atlanta Hawks, the Chicago Bulls, the Portland Trail Blazers, and the Los Angeles Lakers.

As one of the all-time greats of the game, Carmelo Anthony has showcased his skill on the court, in the locker room, and in the hearts of basketball fans everywhere, and this has earned him a place as the third global ambassador to the 2023 FIBA world cup.

Melo will always be remembered for his iconic performance in the Nike Jingle, saying, "Laces out, Melo." His career defines greatness, and we can only wonder what else he will bring off the basketball court.

Carmelo Anthony has established himself as one of the most successful names in basketball both on and off the court. His NBA earnings and investments in real estate, merch, and startups have helped him secure a financial future worth millions.

While Anthony is a ten-time All-Star, his biggest money-maker has been his brand endorsements, lucrative contracts with different basketball teams, and salaries from teams he played with.

Carmelo Anthony has ensured a profitable career on the court. Investment-wise, Anthony has dabbled in venture capital, media production, wine-making, and more, which have helped him gain even more financial and professional success. let's take a proper look into Carmelo's investments and earnings over the years.

Carmelo Anthony's NBA career and brand endorsements earned him more money than most could dream of. The ten-time All-Star has raked in an outstanding $260 million throughout his ninetieth-season career in the NBA.

Anthony's NBA career brought significant earnings, but his most profitable income came from brand endorsements. His endorsement deals earned him an estimated $8 million to $9 million annually.

Anthony had a $3.5 million yearly contract with Nike's Jordan sneaker brand when he was a young star. While his signature shoe line ended after the 13th edition, his influence on the sport remains strong despite his lower popularity in accessories.

From Nike, Panini, IWC, Steiner Sports, Nickelodeon, and Footlocker, these brand partnerships helped Carmelo reach a financial level of success rarely achieved in professional sports.

Melo’s biggest contract came in 2018 when he agreed to a $25.5 million contract buyout with the Hawks. Carmelo signed a veteran minimum of $2.4 million with the Rockets.

He then signed his most lucrative contract yet with the New York Knicks. It's estimated that Anthony made an impressive $124 million in just five seasons there, with an annual salary ranging from $22.4 million to $27.9 million. His next contract with the OKC Thunder kept his annual salary at $25 million for three more seasons.

Melo also had contracts with the Bulls, Trail Blazers, and the LA Lakers, netting him over $8 million. Bringing his total earnings to well over $260 million in salary alone.

Throughout his successful 19-year NBA career, Carmelo Anthony’s salary earnings and smart investment decisions have contributed to his estimated net worth of $160 million. Recognized frequently as a ten-time All-Star, his hard work, and ambition have paved the way for his success on and off the court.

Since 2016, the basketball industry’ has been performing exceedingly well, with salaries seeing an average increase of over 80%. As a result, players today earn significantly more than ever before, meaning that the industry is financially strong and appears promising.

Carmelo Anthony is no stranger to the real estate market. Over the years, the basketball star has listed and sold some properties. In Feb 2023, he sold his Spanish-style mansion in Beverly Grove, Los Angeles, for $3 million and made $700,000 off the sale as he purchased the property for $2.3 million in 2010.

Anthony sold his Colorado mansion for $6.2 million after living there for three years, incurring a $5.8 million loss against the $12 million he bought in 2007.

In 2020, the ten-time All-Star listed his New York City condo for sale for $12.85 million. More recently, Anthony re-listed the luxurious home he previously tried to sell in 2020. The five-bed, four-bath Chelsea condo overlooks New York's High Line and is now on the market for $12.5 million. The dwelling underwent a sleek remodel before the re-listing, and it is now modern, sophisticated, and offers views of the city.

It seems Carmelo Anthony is always looking for a deal—whether on the court or in the real estate market.

The U.S. real estate market is starting to weaken as rents are rising slower, loans are harder to get, and sales are taking a hit, according to a JP Morgan report. This is affecting the prices too. We might see prices drop by 10% to 15% over the upcoming years, with a bigger 15% to 20% drop this year.

But, you know what they say—when there's a downside, there's always an opportunity. Mezzanine debt lending in commercial real estate and residential development is still a good investment choice. Future investment chances may continue to grow as the market changes based on population trends and other alterations.

Carmelo Anthony, a ten-time NBA All-Star and successful entrepreneur, has created a clothing brand, STAYME7O. Focused on building a supportive community, STAYME7O offers an exclusive collection of apparel and lifestyle items.

With years of experience in the making, Carmelo has utilized his positive mindset and personal life experiences to create a brand line that connects to his customers and values. The collection helps individuals stay true to themselves and remain strong and positive with inspiring images and motivating phrases.

Overall, the complete STAYME7O collection has a wide variety of clothing merch, from t-shirts to shoes. All products feature the one-of-a-kind STAYME7O™ logo. Not to mention, a free shipping promotion is available for all orders paid with a major credit card.

In addition to selling quality and lifestyle items, Carmelo Anthony's team supports local communities and non-profit organizations and donates to the Boys & Girls Clubs of America.

The fashion industry is projected to experience mixed performance in 2023, with global sales growth estimated at 5% to 10% for luxury goods and -2% to 4% for other merchandise. Market dynamics are shifting, with risk and disruption from extreme weather, political or social unrest, and power shifts to emerging markets such as the Middle East.

Fashion companies need to adapt to the current economic environment and focus on capturing consumers across different income levels. To be successful, this will involve new and innovative marketing strategies.

Former NBA player Carmelo Anthony has made a foray into the wine investment market by launching his new brand, VII(N)—The Seventh Estate. The launch was celebrated with a private dinner and an exclusive Tasting Token NFT in Aspen, Colorado. During the event, he introduced his debut wine, VII(N) Châteauneuf-du-Pape Oath of Fidelity 2017, with the support of his business partner, Asani Swann.

The wine industry continues to be an attractive investment option for investors. With a steady and impressive 8.5% average annual growth rate, the wine market is projected to exceed $423.50 billion by 2028. With such an outlook, now may be the perfect time to get a head start on your wine investments.

Carmelo Anthony's car collection will make any auto enthusiast weak in the knees. His classic car collection includes a slick 1971 Chevy Chevelle customized to represent his love for the Baltimore Orioles.

Alongside the Chevy, he's got amazing rides like a Corvette C7 Stingray, a Jeep Wrangler, a sixth generation Maserati Quattroporte, and a first-generation Bentley Continental GT. These machines don't just look super cool, but they're also powerful and luxurious—and their combined value tops $400,000.

Anthony's car collection tells the story of success, power, and class. Each car also reflects his love of all things flashy and special—the Chevelle's classic lines painted in the Orioles colors, the bright and ultra-modern Corvette, and the fully-customized Jeep Wrangler with its exclusive styling.

The automobile industry is well-positioned for growth in 2023 and might be a promising alternative asset. The global luxury car market is expected to expand at a CAGR of 6.9% and is projected to reach $617.36 billion by 2030.

Carmelo Anthony isn't just shooting hoops—he's also a smart investor. One of his first investments includes Melo 7 Tech Partners, a venture capital firm specializing in tech startups, digital media, and consumer internet.

The Creative 7 is also one of his investments—a media production company highlighting inspiring stories of prominent athletes who have made an impact.

Carmelo’s also invested in Mophie, a brand that makes phone cases and other electronics. In 2006, he put $500,000 into the company—a total game-changer. His support helped mStation's founders nab inventory and acquire the ultra-popular Mophie brand we all know and love today.

The basketball-inspired product design attracted Anthony in the first place, and his investment has made Mophie the successful company it is today.

Another sound investment by Melo was his partnership with Somerset Hospitality Group to put $5 million into a chain of sports bars and pizza joints. The partnership between Nobody's Pizza and The Ainsworth plans to open between 20 to 30 venues across the country.

Carmelo’s been involved with Leune, a California-based cannabis company, Overtime, a sports media firm of which he is both a board member and investor, and a partnership with  Isos Capital to launch Isos7 sports investments.

Carmelo Anthony is living proof that a career in the spotlight isn't just about basketball. He's a successful businessman, and his impressive investment skills and willingness to take risks have paid off.

Carmelo Anthony's net worth goes far beyond the basketball court. Throughout his NBA career, Carmelo's salary and endorsement deals have allowed him to invest in real estate, accumulating real estate investments and even a car collection.

Carmelo Anthony earns respect for his strategic investment decisions that have brought financial stability and success. His story highlights the importance of research, risk assessment, diversification, and patience when investing strategically.