Iman Shumpert Net Worth

What Is Iman Shumpert's Net Worth and Salary?

Iman Shumpert is an American professional basketball player who has a net worth of $10 million. During his career, which lasted from 2011 to 2021, Iman Shumpert earned a total of $48 million in NBA salary. As we detail in the article below, an unsubstantiated tweet went viral in March 2025 claiming that Iman had to give his ex-wife Teyana Taylor $10 million worth of real estate in their divorce (as well as other assets and support). From what we can discern, the tweet is false. The couple never owned $10 million worth of real estate.

Selected 17th overall by the New York Knicks in the 2011 NBA Draft, Shumpert quickly established himself as a defensive specialist with his tenacious perimeter defense and athletic ability. His career reached its pinnacle during his time with the Cleveland Cavaliers, where he played a crucial role in the team's historic 2016 NBA Championship, helping LeBron James and Kyrie Irving overcome a 3-1 series deficit against the Golden State Warriors.

Throughout his 10-year NBA career, Shumpert also played for the Sacramento Kings, Houston Rockets, and Brooklyn Nets, consistently bringing defensive intensity and locker room leadership. Beyond basketball, he's successfully transitioned into entertainment, notably winning "Dancing with the Stars" in 2021—the first former NBA player to claim this title. He's ventured into music as a rapper, reality television with his ex-wife, Teyana Taylor, and maintains a strong social media presence.

Shumpert's career exemplifies the modern athlete who leverages on-court success into diverse off-court opportunities, establishing himself as not just an NBA champion but a multifaceted entertainer and entrepreneur.

Teyana Taylor Marriage

Iman married model/actor/singer Teyana Taylor in 2016. They welcomed daughters Junie and Rue on December 16, 2015, and September 6, 2020, respectively. Iman delivered both children at home. In 2018, the couple starred on their own VH1 reality show, "Teyana and Iman."

In January 2023, Teyana quietly filed for divorce from Iman. Interestingly, their divorce remained unknown publicly until November 2023.

Alleged Divorce Settlement

A widely shared (but unsubstantiated) tweet that went viral in March 2025 claimed:

"Teyana Taylor and Iman Shumpert have finalized their divorce settlement, with Teyana receiving four homes worth more than $10 million, a single seven-figure payment, and several luxury cars such as a $300k Maybach, a $70k Mercedes Sprinter, and a tour bus. She maintains complete ownership of her companies. Additionally, Iman Shumpert must pay $8,000 each month in child support for his daughters, Junie and Rue Rose, and he is responsible for the entire expense of their private school tuition."

We could not find any evidence that supports the claim about Teyana receiving $10 million worth of homes. That claim appears to be made up out of thin air. As we detail at the end of this article, Iman and Teyana never owned $10 million worth of homes. During their marriage, they owned ONE home together. That home, located in Studio City, California, was purchased for $3 million in 2008 and sold for $4 million in 2022. Here's what is known about their divorce based on actual legal filings:

In the immediate wake of their divorce, Teyana claimed that Iman withdrew $4 million from their shared accounts and left her responsible for $200,000 worth of home repairs. In a June 2024 court filing, Iman requested an adjustment in his $8,000 per month child support payments because, according to his filings, Teyana at that time was making roughly twice as much money per month as him. His filing alleged that he averages around $48,000 per month in income while Teyana makes around $94,000.

Career Earnings, Contracts & Salary

Iman Shumpert earned an estimated $48 million in salary over his 10-year NBA career. Drafted 17th overall in 2011, he signed a four-year rookie contract with the New York Knicks worth about $7.5 million in total. His rookie-scale deal paid roughly $1.3 million in his first season and climbed to around $2.6 million by the fourth year. Shumpert's biggest payday came after he was traded to the Cleveland Cavaliers and became an NBA champion – in July 2015 he inked a four-year, $40 million extension with the Cavs. That deal, averaging $10 million per year, made the 2015–2017 period his highest-earning stretch, with annual salaries close to $9–10 million. Following that lucrative contract, Shumpert's later seasons were on shorter-term deals. In 2019 he joined the Houston Rockets (after a stint with Sacramento) on a rest-of-season contract worth about $2.0 million, and in 2020 he signed a veteran-minimum deal with the Brooklyn Nets for roughly $1.7 million.

Early Life

Iman Asante Shumpert was born on June 26, 1990, in Berwyn, Illinois. During his high school years, Shumpert played on the same basketball team as Evan Turner. As a teen, Iman became a first-team all-state player and reached three conference titles. He then made it into the top 15 of all-ranked senior players in the nation. While in high school, Iman also displayed a passion for Spoken Word poetry.

After graduating, Iman attended Georgia Tech. While playing for the school's basketball team, he became the fourth-leading scorer for the 2008-2009 season. A knee injury caused him to miss six games the next season, but he bounced back in the 2010-2011 season to lead his team in scoring, rebounding, and assists. After breaking Georgia Tech's record for steals per game, Shumpert declared himself eligible for the NBA draft in 2011.

Career

Shumpert began his NBA career with the New York Knicks but suffered a number of knee injuries early on and missed the rest of his first season. In 2013, he returned to practices, only to suffer another shoulder injury in 2014 that ruled him out for three weeks. Iman was then traded to the Cleveland Cavaliers in 2015 and started strong with his new team, helping them reach the 2015 NBA Finals later that year.

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After signing a $40-million contract extension with the Cavaliers, Iman suffered another injury—this time, it was his wrist. Later that season, he was ruled out after having his left knee drained. By the 2016-2017 season, coach Tyronn Lue started using Shumpert as a backup point guard. In 2017, he scored 18 points against the Detroit Pistons—a career-best. However, he ended 2017 with yet another injury to his left knee that ruled him out for six to eight weeks.

Throughout the next few years, Shumpert played for teams such as the Sacramento Kings, the Houston Rockets, and the Brooklyn Nets. After Wilson Chandler's suspension expired, Iman was waived by the Nets in 2019.

Real Estate

Atlanta Home (2015 – Present): Purchased a 6-bedroom, 6,901-square-foot home in Atlanta for $427,000 in May 2015. The property features a wooded backyard, a large deck, a grand spiral staircase, and a lofted library. As of 2024, he still owns the home, and its estimated value has increased to around $750,000.

Studio City, Los Angeles (2018 – 2022): Shumpert and Teyana Taylor bought a luxury home in Studio City, CA, for just under $3 million in 2018. The property included a pool, a home theater, and even a custom dog house. They initially listed it for $3.695 million in 2020 and sold it in June 2022 for around $4 million, earning a solid profit.

River Forest, Illinois (2018 – Present): In 2018, Shumpert purchased a $880,000 home in the Oak Park area of Illinois as a gift for his parents. The 4,400-square-foot, five-bedroom residence was not a flip but a personal investment for his family.

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