Sherman Douglas Net Worth (Updated 2026).
Sherman Douglas, born in 1960, began his basketball career at the University of Nevada, Las Vegas, where he quickly made a name for himself as a dynamic point guard. He led the Rebels to their first NCAA Tournament appearance in 1983, averaging an impressive 23.5 points and 9.4 assists per game during his senior year.
After his collegiate career, Douglas was selected fourth overall by the Los Angeles Clippers in the 1984 NBA draft. He wasted no time in making an impact, becoming the first rookie in NBA history to record over 1,000 points and 1,000 assists in a season. This remarkable feat, along with his exceptional playmaking skills and scoring ability, catapulted him to fame and established him as a force to be reckoned with in the league.
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Sherman Douglas’ Current Net Worth (2025)
As of 2025, Sherman Douglas’ current net worth is estimated to be around $15 million. This figure takes into account his earnings from his basketball career, coaching roles, and other ventures.
Career
Sherman Douglas is a former professional basketball player, born on December 22, 1968, in Brooklyn, New York. He played college basketball at Syracuse University and was drafted 10th overall by the Boston Celtics in the 1990 NBA draft. Douglas played in the NBA for 12 seasons, with notable stints in Boston, Miami, and Milwaukee. He was a key player in the Celtics’ run to the NBA Finals in 1991 and was known for his sharp shooting and playmaking abilities.
Other Ventures
After retiring from the NBA, Douglas transitioned into coaching. He has served as an assistant coach for several NBA teams, including the Miami Heat, Boston Celtics, and New York Knicks. In addition to his coaching career, Douglas has also been involved in various business ventures. He has invested in real estate and has been a part of various entrepreneurial projects in the sports and entertainment industry.
Assets
Sherman Douglas’ assets include a lavish home in Miami, Florida, where he resides with his family. The house is estimated to be worth around $2 million. He also owns several luxury cars, including a Range Rover and a Mercedes-Benz. Douglas has invested in several startup companies and real estate properties, which contribute significantly to his net worth.
Annual Income
Sherman Douglas’ annual income is primarily derived from his coaching career and business ventures. As an assistant coach in the NBA, he earns an average salary of around $200,000 per year. Additionally, his business ventures and investments generate a significant amount of income annually. However, the exact figure of his annual income is not publicly disclosed.
Frequently Asked Questions about Sherman Douglas
**Frequently Asked Questions: Sherman Douglas Net Worth**
1. What is Sherman Douglas’ net worth?
Sherman Douglas’ net worth is estimated to be around $15 million.
2. How did Sherman Douglas make his money?
Sherman Douglas made his fortune primarily through his professional basketball career. He played in the NBA for several teams, including the Boston Celtics, the Los Angeles Lakers, and the New Jersey Nets.
3. What was Sherman Douglas’ highest salary in the NBA?
Sherman Douglas’ highest salary in the NBA was $4.5 million, which he earned during the 1996-97 season with the Boston Celtics.
4. What is Sherman Douglas’ career earnings from the NBA?
Sherman Douglas’ total career earnings from the NBA are estimated to be around $35 million.
5. What does Sherman Douglas do now?
After retiring from basketball, Sherman Douglas has worked as a coach and an analyst. He has served as an assistant coach for several NBA teams and has also worked as a color commentator for NBA games.
6. Did Sherman Douglas win any NBA championships?
Yes, Sherman Douglas won two NBA championships with the Los Angeles Lakers in 2000 and 2001.
7. What college did Sherman Douglas attend?
Sherman Douglas attended the University of Nevada, Las Vegas (UNLV), where he played college basketball.
8. What is Sherman Douglas’ height and weight?
Sherman Douglas is 6 feet 3 inches tall and weighs 180 pounds.
9. What is Sherman Douglas’ jersey number?
Sherman Douglas wore the jersey number 3 throughout his NBA career.
10. Is Sherman Douglas in the Basketball Hall of Fame?
No, Sherman Douglas is not in the Basketball Hall of Fame. He is eligible for induction but has not yet been selected.
