Rasheed Wallace Net Worth (Updated 2022), Salary, Contract, Career Earnings

Rasheed Wallace Net Worth

Rasheed Wallace Net Worth – Rasheed Wallace is an American basketball Coach has a Net Worth of $75 Million. Wallace played college basketball at the University of North Carolina before declaring for the draft in 1995, where he’d play 16 seasons in the National Basketball Association.

Rasheed Abdul Wallace is an American basketball coach for the Los Angeles Lakers and former professional player. A native of Philadelphia, Wallace played college basketball at the University of North Carolina before declaring for the draft in 1995, where he’d play 16 seasons in the National Basketball Association (NBA).

Name Rasheed Wallace
Net Worth ( 2022 ) $75 Million
Income Source American basketball Coach
Income / Salary $4 million
Last Update 2022

Rasheed Wallace Net Worth Growth

Net Worth in 2022 $75 Million 
Net Worth in 2021 $70 Million
Net Worth in 2020 $65 Million
Net Worth in 2019 $60 Million
Net Worth in 2018 $55 Million

Rasheed Wallace Salary

According to report he gets $4 million as his salary right now which seems high for an assistant coaching position. In 2012, he chose to come out of retirement and play for the Knicks. He made the league’s veteran minimum of $1.7 million that year.

Rasheed Wallace Career Earnings

Rasheed Wallace has a net worth of $75 million, according to reports. Since his stint in the NBA, he has earned a total of $156 million and more. In his final season with the Portland Trailblazers, he earned $17 million. Wallace’s most lucrative contract was with the Boston Celtics in 2009, which paid him $18.9 million. His five-year contract with the Detroit Pistons was for $57 million.

Rasheed Wallace Early Life

Rasheed Wallace Parents

Wallace was born and reared in the Germantown area of Philadelphia, the youngest of three sons of a single mother. To raise him and his brothers Malcolm and Muhammed, his father, John Loper, worked for the Pennsylvania Department of Welfare. Wallace’s basketball career began while he was a student at Simon Gratz High School. After his senior season, he was voted USA Today’s High School Player of the Year and Basketball Times’ first-team All-America selection. Wallace was also a two-time first-team Parade All-American.

Rasheed Wallace Personal Life

Rasheed Wallace Family

He has never shared his love life on the internet, that’s why we are not sure about his marital status he is married or not. We don’t have much information about se has any past relationship and any previous engaged. According to our Database, He has no children.

Professional Career

Wallace appeared in 65 games with the Bullets as a rookie, starting 51 of them in place of Chris Webber, who was injured. Wallace has been named to the All-Star Weekend rookie team. He broke his left thumb in a game against Orlando later that year and did not return until the following season. Wallace averaged 10.1 points, 4.7 rebounds, and 3.4 assists per game in way to being chosen to the NBA All-Rookie First Team. During his debut season in Washington, Wallace scored 655 points and played 1,788 minutes.

Wallace was moved to the Portland Trail Blazers after the season, along with Mitchell Butler, for Rod Strickland and Harvey Grant. After the deal, Strickland averaged 17.2 ppg and 8.9 apg, helping the Bullets reach the playoffs for the first time in eight seasons in 1997, and he improved on those numbers the next year, with 17.8 ppg and a league-leading 10.5 apg.Wallace was moved to the Atlanta Hawks on February 9, 2004, along with Wesley Person, for Shareef Abdur-Rahim, Theo Ratliff, and Dan Dickau.

Wallace only appeared in one game for the Hawks, scoring 20 points in the first half. In a close loss on the road against the New Jersey Nets, he also had six rebounds, five blocks, two assists, and a steal, despite he did not score in the fourth quarter.

On July 8, 2009, Wallace signed a three-year contract with the Boston Celtics.Wallace struggled during the regular season, averaging career lows in points per game and rebounds per game. He also made 28 percent of his three-pointers and 40 percent of his field goals. In 2010, the Celtics advanced to the NBA Finals, but were defeated by the Los Angeles Lakers in a four-game series.

Wallace played Game 7 after Celtics starting centre Kendrick Perkins hurt his right knee in Game 6 of the Finals. Wallace finished with 11 points on 5 of 11 shooting in the loss. Wallace’s agent, Bill Strickland, revealed on June 25, 2010, that Wallace will most likely retire from the NBA, which he did on August 10 when the Celtics bought out his contract.

After signing a two-year contract with the Detroit Pistons in July 2013, Wallace joined the team as an assistant coach. He was a member of the Pistons’ coaching staff for the 2013–14 season, but was not rehired by new coach Stan Van Gundy after that season. Wallace committed to join Penny Hardaway’s staff as an assistant coach at Memphis on August 18, 2021.

In Detroit, he reunited with his previous head coach, Hall of Fame coach Larry Brown. Wallace was announced on January 13, 2022, that he would not be serving in an in-person role and would instead work remotely for the remainder of the season.