Get to know Latrell Sprewell’s net worth, wife, and what he has been doing since retiring

Get to know Latrell Sprewell’s net worth, wife, and what he has been doing since retiring

Kenneth Mwenda
updated at December 3, 2023 at 3:57 PM

Latrell Sprewell’s net worth, once reflective of his successful NBA career, has undergone considerable changes since his retirement. Known for his remarkable skills on the court, Sprewell earned significant salaries with top basketball teams. However, his post-retirement years have been marked by a notable decline in financial stability.

Latrell Sprewell's net worth
Latrell Sprewell of the Golden State Warriors during a game circa 1997 at San Jose Arena in San Jose, California. Photo: Rocky Widner (modified by author)
Source: Getty Images

This change in fortunes highlights the unpredictable nature of wealth, especially in the realm of professional sports. Sprewell’s financial journey serves as a compelling narrative about the importance of effective money management for athletes.

Profile summary

Name

Latrell Sprewell

Date of birth

September 8, 1970

Age

53 (as of November 2023)

Height

6 feet 5 inches (196 cm)

NBA career duration

1992 - 2005

NBA teams played for

Golden State Warriors, New York Knicks, Minnesota Timberwolves

Notable achievements

4-time NBA All-Star, All-NBA First Team selection

Major controversy

Choked coach P.J. Carlesimo during a practice session in 1997

Net worth (as of 2023)

Estimated at $1 million

Social media

Instagram

How old is Latrell Sprewell?

Latrell Sprewell was born on September 8, 1970 ( aged 53 years old as of November 2023) in Milwaukee, Wisconsin. He later attended Washington High School.

Between 1988 and 1990, Latrell honed his skills on the court with the Three Rivers Community College Raiders in Poplar Bluff, Missouri. He then furthered his basketball journey from 1990 to 1992 at the University of Alabama, playing alongside future NBA talents such as Robert Horry, Jason Caffey, James Robinson, and Marcus Webb.

Latrell Sprewell’s height

Latrell Sprewell, renowned for his prowess on the basketball court, stands at an impressive height of 6 feet 5 inches (196 cm). His height was a significant asset during his NBA career, contributing to his effectiveness as a wing player.

How much is Latrell Sprewell’s net worth?

Latrell Sprewell's stats
Latrell Sprewell during the 2018 NBA Awards Show on June 25, 2018, at The Barkar Hangar in Santa Monica, California. Photo: Andrew D. Bernstein
Source: Getty Images

Known for his remarkable NBA career, Sprewell’s net worth in 2023 is estimated to be around $1 million. This figure is a stark contrast to the over $97 million he earned during his time in the league. His highest annual salary reached $14.625 million in the 2004-05 season with the Timberwolves.

However, Sprewell encountered various difficulties, leading to the loss of significant assets. In 2007, it was reported that the mother of Sprewell’s four children filed a $200 million lawsuit against him, claiming he ceased to support the family, violating their long-standing agreement.

Subsequently, financial troubles resulted in the foreclosure of his Milwaukee residence and the confiscation of his yacht, valued at $1.5 million, which was eventually auctioned for $856,000. By 2011, the former NBA player had accumulated $3.5 million in unpaid income taxes, as stated by the Milwaukee Journal Sentinel.

Latrell Sprewell’s contract

Throughout his NBA career, Latrell Sprewell was involved in several significant contracts. His most controversial contract situation occurred in 2004 with the Minnesota Timberwolves.

Sprewell turned down a three-year, $21 million contract extension, a decision that became infamous due to his remark about needing to feed his family. This decision marked the beginning of the end of his NBA career, as he failed to secure another contract after the 2004-05 season.

Latrell Sprewell’s stats

Where is Latrell Sprewell now?
Latrell Sprewell (R) and Joe Smith (L) of the Golden State Warriors during circa 1997 at the Arena in Oakland in Oakland, California. Photo: Sam Forencich
Source: Getty Images

Latrell Sprewell’s stats throughout his NBA career were impressive. He amassed a number of accolades and awards that underscored his talent and impact on the court.

After being selected 24th overall in the 1992 NBA draft by the Golden State Warriors, Latrell quickly made an impact, starting 69 of the 77 games in his rookie season. He averaged 15.4 points per game.

His performance improved, earning him four NBA All-Star selections and an All-NBA First-Team selection. In his best scoring season, 1996-97, Sprewell averaged 24.2 points per game, ranking fifth in the league.

Latrell’s stats reflect his significant role on the teams he played for. His aggressive style and scoring ability were key components in the successes of the Warriors, Knicks, and Timberwolves. Over his entire career, he maintained an average of 18.3 points per game, showcasing his consistent scoring ability.

Latrell Sprewell’s teams

Latrell Sprewell played for three teams during his illustrious NBA career. He began with the Golden State Warriors (1992–1998), where he made a name for himself as a formidable scorer and competitor.

Nicknamed “Spree,” the 6’5” wingman averaged 20.0 points, 4.3 rebounds, 4.6 assists, and 1.8 steals during his initial six seasons with the Warriors. However, in the 1997-98 season, 14 games in, he notoriously assaulted coach PJ Carlesimo during a practice session following a request to sharpen his passing. This followed previous altercations with team members.

Subsequently, the NBA suspended Sprewell, originally from Milwaukee, for the season’s remainder without salary and reversed the Warriors’ decision to cancel his contract, valued at $23.7 million over three years. While under suspension, Sprewell faced charges for reckless driving, resulting from an accident causing injuries to two individuals, leading to a three-month house arrest.

He then moved to the New York Knicks (1999–2003), playing a crucial role in leading the team to the 1999 NBA Finals. Sprewell, playing alongside Patrick Ewing and Allan Houston, was instrumental in guiding the Knicks to the 1999 NBA Finals. The following season, he again played a key role in taking the team back to the Eastern Conference Finals.

Sprewell finished his career with the Minnesota Timberwolves (2003–2005), creating the NBA’s new Big 3 with Kevin Garnett and Sam Cassell. However, the pinnacle of the Timberwolves’ success with their trio, including Sprewell, was reaching the 2004 Western Conference Finals. There, they were defeated in six games by the Los Angeles Lakers.

Where is Latrell Sprewell now?

Latrell Sprewell now
John Starks (L) and Latrell Sprewell (R) pose after the New York Knicks and Miami Heat game in the 2023 NBA Playoffs at Madison Square Garden on May 10, 2023, in New York City. Photo: Elsa
Source: Getty Images

As of 2023, he resides in Milwaukee, living in a modest rental home. This lifestyle shift is a far cry from his days as an NBA star, where he enjoyed a lavish lifestyle, evidenced by his possession of luxury assets such as a million-dollar house in Miami and a high-end yacht.

Latrell now engages in community relations with the New York Knicks and serves as an MSG media personality. His presence at Madison Square Garden, often seen in Knicks gear, signifies his ongoing connection with the basketball world. In recent years, he has also been an advocate for early voting in the United States.

Latrell Sprewell’s wife and family

Latrell Sprewell’s personal life, particularly his relationships, has been a topic of interest. While his current relationship status is undisclosed, he was previously in a long-term relationship with Candice Cabbil. The couple had four children together.

Final word

Latrell Sprewell’s net worth, now a fraction of what it once was, symbolises the complex nature of financial management for athletes. As his story continues to unfold, it remains a poignant reminder of the need for sustainable financial strategies in the high-stakes world of professional sports.

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Authors
Kenneth Mwenda photo
Kenneth Mwenda
Kenneth Mwenda is a business and sports writer with over five years of experience. At Sportsbrief, he contributes to writing biographies and listicles.