Dirk Nowitzki Net Worth of $140 Million is a retired German-born professional basketball player with a net worth of $ 140 million. Critics consider Nowitzki to be the best European NBA player of all time and one of the best strong hitters ever to play basketball. In his 21 seasons in the NBA, Dirk earned $ 255 million from his salary alone.
It makes him the 6th highest-paid NBA player of all time in compensation. Known for his versatility on the court, he also stood out for his 7’0 frame. He also helped the German national team achieve significant heights, including a bronze medal at the 2002 FIBA World Cup.
Dirk has played for the Dallas Mavericks throughout his career. While living in Texas, Dirk saved CULT money by not paying state income tax (Texas has no state income tax). Compared to a player who made the same amount living in a high tax state like New Jersey, California, or New York, Dirk would have brought home about $ 33 million more from his salary. Dirk Nowitzki’s annual salary in the NBA was $ 12 million, so he essentially earned himself three free seasons while staying in Dallas now Dirk Nowitzki Net Worth is $140 Million .
|Dirk Nowitzki Net Worth:||$140 Million|
|Date of Birth:||Jun 19, 1978 (43 years old)|
|Height:||6 ft 11 in (2.13 m)|
Dirk Nowitzki Net Worth And Early Life
On June 19, 1978, Dirk Nowitzki was born in Würzburg, West Germany. Both professional athletes raised him as his mother played basketball, and his father played handball for the German national team. Dirk Nowitzki was always a tall child and surpassed his peers even at a young age. At the age of 15, Dirk caught the attention of Holger Geschwindner, a professional German basketball player.
Seeing the boy’s potential, Geschwindner coached Nowitzki 3 days a week, focusing on shooting and passing. When Nowitzki reached a certain level, Geschwindner asked him if he wanted to stay in Germany to play basketball or play against the best players in the world. Nowitzki chose the latter, and Geschwindner expanded his training to include daily activities. At 16, Nowitzki got a place in the German basketball team DJK Würzburg.
Dirk Nowitzki Career
By the end of the season, he was amassing over 20 points per game and had established himself as one of Germany’s brightest new stars. When Nowitzki was 18, he led DJK to promote the German first division. After winning the German Basketball Player of the Year title, Nowitzki turned his attention to the NBA. Playing the Nike Hoop Heroes Tour and Hoop Summit, Nowitzki showcased his skills and even dunked Charles Barkley. From that point on, teams worldwide wanted Nowitzki to be on their team.
In 1998, Nowitzki was selected ninth in the NBA Draft by the Milwaukee Bucks, who immediately traded him for the Dallas Mavericks. In the same year, Steve Nash also joined the Mavericks, becoming close friends. Everything looked promising for the Mavericks, but Dirk struggled in his first season – just like he did with DJK. The Mavericks skipped the playoffs that year, and in 2000 the franchise was sold to billionaire Mark Cuban.
Cuban had money to spend on the crew and bought a private jet for the club. Nowitzki hit his mark, played well throughout the season, and ultimately finished second in the NBA’s Most Advanced Player nomination. By the 2000-2001 season, he averaged over 20 points per game.
Before the start of the 2001-2002 season, Nowitzki signed a six-year, $90 million contract extension, making him the second-highest-paid German athlete in the world (after Michael Schumacher. In 2004, Nowitzki set a new personal record with 53 points against the Houston Rockets. Over the next few years, the Mavericks continued to improve steadily, and Dirk Nowitzki became the face of the entire team. Despite a disappointing defeat to the Golden State Warriors, he won the Most Valuable Player award in the 2006-2007 season.
After a disappointing playoff losing streak in previous seasons, the Mavericks finally won in 2010-11. Nowitzki was instrumental in the final, scoring the winning basket in the fourth game, despite having 101 degrees Fahrenheit. He ended the season by winning the MVP again.
In 2012, Nowitzki underwent knee surgery, and the Mavericks were unable to make the playoffs for the first time since his second season with the team. He suffered an ankle injury in the 2017-2018 season that left him offside until his last game. The Mavericks missed the playoffs again.
The 2018-2019 season turned out to be the last for Nowitzki, and he became the sixth most productive player in NBA history. At the end of his career, Dirk Nowitzki left the NBA as the highest-scoring foreign player of all time. He has also played in the NBA All-Star Games fourteen times. In addition, Dirk Nowitzki ended his career as the only player in NBA history to play more than 20 seasons on a single team.
Dirk Nowitzki Contracts
Although Dirk Nowitzki ended his career with a large fortune, he became known for negotiating discounted contracts throughout his career. For example, if Dirk Nowitzki had not signed a $ 59 million three-year renewal in 2006, he would have been eligible for a $ 158 million six-year contract two years later in 2008. At the end of the 2009-2010 season. , he became a free agent and signed a four-year, $ 80 million contract.
When 2017 rolled around, he signed a $ 10 million two-year contract that took him to the end of his career. Dirk Nowitzki was eligible for a $ 25 million deal over his past two years in the NBA. While this may seem like considerable unfairness, the truth is that Nowitzki and his management team made every decision. Presumably, this was Nowitzki’s attempt to help the Mavericks chase free agents and build their team from the ground up.
That being said, it is interesting to note that if Nowitzki had not entered into these discounted contracts throughout his career, he would have ended up with career earnings of $ 446 million, which is $ 194 million more than his actual career earnings of $ 252 million.
Dirk Nowitzki Net Worth And Properties
After retirement, Dirk Nowitzki acquired the mansion for $ 5.75 million in 2019. The 11,000-square-foot mansion is located in the Preston Hollow neighborhood of North Dallas, home to celebrities such as former President George W. Bush and owner of the Mavericks. Mark Cuban. The property was previously owned by the late billionaire Charles Wiley, targeted by the IRS in 2010 after hiding $ 500 million in offshore tax-free accounts.