What Is Luol Deng's Net Worth?
Luol Deng is a retired British professional basketball player who has a net worth of $200 million. Lou Deng earned his millions in the National Basketball Association as a member of the Chicago Bulls, Cleveland Cavaliers, Miami Heat, Los Angeles Lakers, and Minnesota Timberwolves. The small forward was a two-time NBA All-Star with the Bulls.
Early Life
Luol Ajou Deng was born on April 16, 1985, in Wau, Sudan (now South Sudan). He was only eight years old when he and his family left Sudan to escape the civil war at the time, thus moving to Egypt and then settling in London. By the time Luol turned 13, he already represented England as a member of the Brixton Basketball Club. At the age of 14, he moved to the U.S. to hone his basketball skills further at Blair Academy in New Jersey. Thanks to his evident talent, Deng was regarded as the second most promising high school senior in America after LeBron James.
Loul continued on to Duke University to play basketball, where he became the only freshman in the history of the ACC to lead all rookies in scoring, rebounding, and field goal percentage. After spending just one year at Duke, Deng declared for the NBA Draft.
NBA
With the seventh overall pick in the 2004 NBA Draft, the Phoenix Suns selected Deng but promptly traded him to the Chicago Bulls due to a prior agreement. He was named to the NBA All-Rookie First Team in 2005 and was a two-time All-Star in 2012 and 2013. Luol split his 2013-14 season with the Cleveland Cavaliers, and after just a half-season there, joined the Miami Heat. He played with the Heat for two years before signing with the Lakers in 2016. Deng played his last season with the Minnesota Timberwolves. He would sign a one-day contract and retire as a member of the Chicago Bulls.
Getty
Contracts & Earnings
Before the start of the 2008-09 season, Luol Deng and the Chicago Bulls agreed on a six-year, $71 million contract extension. Luol and the Miami Heat came to an agreement on a two-year, $19.9 million contract in 2014 and exercised the $10 million player option for the 2015 season. In July 2016, Deng signed a four-year deal with the Los Angeles Lakers worth $72 million.
Luol Deng earned over $166 million in salary over his 15-year NBA career.
Personal Life
Having risen from humble origins, Luol has actively supported and worked for various charities over the years, including the UK's School Home Support, Lost Boys of Sudan, Basketball Without Borders, and the World Food Programme.
Deng was appointed president of the South Sudan Basketball Federation in November 2019 for four years. He is also depicted on one of the Brixton Pound community currency notes.
Real Estate Portfolio
Deng has been investing in real estate since his first year in the league, 2004. Today he owns a portfolio of hotels, resorts, condos, and apartment buildings that are worth $125 million.
