Damon Bailey Net Worth (Updated 2025).

Damon Bailey, born in 1978, hails from Bedford, Indiana, where his basketball prowess began to unfold at a young age. He started his career in the local high school circuit, quickly making a name for himself as a standout player. Bailey’s exceptional skills caught the attention of national scouts, and by his senior year, he was a highly sought-after recruit.

In 1996, Bailey was named Mr. Basketball of Indiana, an accolade that solidified his status as one of the state’s greatest high school basketball players. His fame grew exponentially when he was drafted by the New York Knicks as the 24th overall pick in the NBA draft that same year. Although his NBA career was brief, Bailey’s impact on the court and his influence on Indiana basketball fans remain significant.

Damon Bailey’s Current Net Worth (2025)

As of 2025, Damon Bailey’s current net worth is estimated to be around $50 million, according to the latest available information.

Career

Damon Bailey, born on October 19, 1978, is a former American basketball player. He played college basketball for the Indiana Hoosiers, earning the nickname “The State’s Saviour” for his impact on the team. Bailey was a highly touted high school prospect and was expected to be a top NBA draft pick, but he was not selected in the 1999 NBA draft. He then played professionally in the USBL, CBA, and overseas before retiring in 2005.

Other Ventures

After retiring from basketball, Bailey turned his focus to business. He founded Bailey & Associates, a real estate development company, and has been involved in various other ventures, including a sports marketing agency and a restaurant. He has also been active in philanthropy, establishing the Damon Bailey Foundation to support underprivileged youth.

Assets

Damon Bailey’s assets include several properties, primarily in Indiana. He owns a 10,000 square foot mansion in Indianapolis, valued at around $3 million. He also has a stake in several businesses, including his real estate development company and a restaurant. Additionally, he owns a collection of classic cars, including a 1965 Ford Mustang and a 1970 Chevrolet Camaro.

Annual Income

Damon Bailey’s annual income comes from various sources. His real estate development company generates a significant portion of his income, with revenue fluctuating year to year. He also earns income from his restaurant and other business ventures. Additionally, he receives income from speaking engagements and appearances. While his exact annual income is not publicly disclosed, it is estimated to be in the millions.

Frequently Asked Questions about  Damon Bailey

Frequently Asked Questions: Damon Bailey Net Worth

1. What is Damon Bailey’s net worth?

Damon Bailey’s net worth is estimated to be around $15 million.

2. How old is Damon Bailey?

Damon Bailey was born on December 19, 1970, making him 51 years old.

3. Where was Damon Bailey born?

Damon Bailey was born in Madison, Indiana.

4. What is Damon Bailey’s height?

Damon Bailey is 6 feet 3 inches tall.

5. What position did Damon Bailey play in basketball?

Damon Bailey played as a point guard in basketball.

6. What college did Damon Bailey attend?

Damon Bailey attended the University of Tennessee, where he played basketball.

7. When was Damon Bailey inducted into the Naismith Memorial Basketball Hall of Fame?

Damon Bailey was inducted into the Naismith Memorial Basketball Hall of Fame in 2014.

8. What is Damon Bailey’s high school alma mater?

Damon Bailey graduated from Bedford North Lawrence High School in Bedford, Indiana.

9. Did Damon Bailey play in the NBA?

No, Damon Bailey did not play in the NBA. He played professionally in the Continental Basketball Association (CBA) and in Europe.

10. What is Damon Bailey’s career scoring average?

Damon Bailey’s career scoring average in college was 20.7 points per game.