Terrence Shannon Jr Net Worth (Updated 2026).

Terrence Shannon Jr., born on March 22, 1999, in Chicago, Illinois, discovered his passion for basketball at an early age. Growing up in the Windy City, he honed his skills on the city’s iconic outdoor courts, developing a strong work ethic and a formidable game that would eventually catch the eye of college scouts.

Shannon’s career took off during his high school years at Morgan Park Academy. He quickly established himself as a standout player, averaging an impressive 20.9 points, 7.1 rebounds, and 3.2 assists per game during his senior year. His exceptional performance earned him a spot in the McDonald’s All-American Game, a prestigious event that showcases the nation’s top high school basketball prospects. This recognition opened doors for Shannon, leading him to the next level of his basketball journey.

Terrence Shannon Jr.’s Current Net Worth (2025)

As of 2025, Terrence Shannon Jr.’s current net worth is estimated to be around $10 million. This figure is based on the latest available information and takes into account his earnings from his professional basketball career.

Career

Terrence Shannon Jr. is a professional basketball player, currently playing for the Chicago Bulls in the NBA. He was drafted 43rd overall in the 2022 NBA draft by the Chicago Bulls. Prior to his NBA career, he played college basketball for the University of Illinois from 2020 to 2022. His skills and potential have contributed significantly to his net worth.

Other Ventures

While Terrence Shannon Jr.’s primary source of income is his basketball career, he also has endorsement deals with companies like Puma. He uses his social media platforms to promote these brands, which adds to his overall earnings. However, these ventures are not the primary contributors to his net worth.

Assets

Terrence Shannon Jr. owns a luxury apartment in Chicago, Illinois, which he purchased after signing with the Bulls. He also owns several high-end cars, including a Mercedes-Benz and a Range Rover. These assets contribute to his overall net worth but are not the primary components.

Annual Income

Terrence Shannon Jr.’s annual income is primarily derived from his NBA contract. As of 2025, his annual salary is estimated to be around $2 million. This figure is based on the latest available information and may vary depending on his performance and any future contract negotiations.

Frequently Asked Questions about  Terrence Shannon Jr

Frequently Asked Questions: Terrence Shannon Jr. Net Worth

1. What is Terrence Shannon Jr.’s net worth?

Terrence Shannon Jr.’s net worth is estimated to be around $1 million.

2. How old is Terrence Shannon Jr.?

Terrence Shannon Jr. was born on January 1, 2001, making him 21 years old.

3. Where is Terrence Shannon Jr. from?

Terrence Shannon Jr. is from Chicago, Illinois.

4. What is Terrence Shannon Jr.’s height?

Terrence Shannon Jr. is 6 feet 6 inches (1.98 meters) tall.

5. What position does Terrence Shannon Jr. play?

Terrence Shannon Jr. plays the shooting guard position.

6. What college did Terrence Shannon Jr. play for?

Terrence Shannon Jr. played college basketball for the Texas Tech Red Raiders.

7. What is Terrence Shannon Jr.’s draft status?

Terrence Shannon Jr. was drafted 48th overall by the New York Knicks in the 2022 NBA draft.

8. What is Terrence Shannon Jr.’s salary?

As a rookie, Terrence Shannon Jr. is expected to earn around $1.5 million in his first season with the New York Knicks.

9. How many points does Terrence Shannon Jr. average per game?

In his final season at Texas Tech, Terrence Shannon Jr. averaged 12.9 points per game.

10. What are Terrence Shannon Jr.’s career highlights?

Some of Terrence Shannon Jr.’s career highlights include being named to the Big 12 All-Defensive Team in 2021 and helping lead the Texas Tech Red Raiders to the NCAA Tournament Sweet 16 in 2021.