Jr Smith Net Worth (Updated 2025).
J.R. Smith, born Earl Joseph Smith III, kicked off his basketball career at a young age, displaying exceptional talent that would eventually propel him to the NBA. Growing up in New Jersey, Smith was inspired by his father, Earl Smith Jr., a former college basketball player, who instilled in him a deep love for the game. Smith’s skills were evident early on, leading him to be named New Jersey’s Mr. Basketball in both his junior and senior years at St. Benedict’s Preparatory School.
Smith’s high school achievements caught the attention of college scouts, and he went on to play for the University of North Carolina at Chapel Hill. Despite his promising start, Smith’s college career was cut short due to academic issues, leading to his declaration for the 2004 NBA draft. The New Orleans Hornets selected him with the 18th overall pick, marking the beginning of his professional career.
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Table Of Contents
J.R. Smith’s Current Net Worth
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As of 2025, J.R. Smith’s net worth is estimated to be around $40 million, according to the latest available information.
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Career
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J.R. Smith, born Earl Joseph Smith III, is a former NBA player who spent 14 seasons in the league. Drafted by the New Orleans Hornets in 2004, he played for several teams including the Denver Nuggets, New York Knicks, and Cleveland Cavaliers. Smith is known for his clutch shooting and was a key player in the Cavaliers’ 2016 NBA Championship.
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Other Ventures
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Off the court, Smith has ventured into various businesses. He owns a car wash in his hometown of Akron, Ohio, and has invested in real estate. Smith also launched a clothing line, ‘Homage,’ in 2016. He’s actively involved in philanthropy, notably through his ‘I PROMISE’ school in Akron, co-founded with LeBron James.
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Assets
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Smith’s assets include a lavish mansion in Cleveland, Ohio, worth approximately $3 million. He also owns a fleet of luxury cars, including a Rolls-Royce Ghost and a Lamborghini Aventador. His extensive shoe collection, valued at hundreds of thousands of dollars, is another notable asset.
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Annual Income
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During his NBA career, Smith’s annual income primarily came from his salary. His highest earning season was 2015-16 with the Cleveland Cavaliers, where he made around $10 million. Post-retirement, his annual income is derived from his business ventures, endorsements, and investments, with an estimated annual income of around $2 million.
Frequently Asked Questions about Jr Smith
**Q1: What is JR Smith’s net worth?**
JR Smith’s net worth is estimated to be around $25 million.
**Q2: How much does JR Smith earn per year?**
As of recent reports, JR Smith’s annual salary is around $15 million.
**Q3: What is JR Smith’s primary source of income?**
JR Smith’s primary source of income is his professional basketball career. He has played in the NBA for several teams, including the Cleveland Cavaliers and the Los Angeles Lakers.
**Q4: Does JR Smith have any endorsements?**
Yes, JR Smith has endorsement deals with several brands, including Nike, VitaminWater, and FanDuel.
**Q5: What is JR Smith’s highest NBA contract?**
JR Smith’s highest NBA contract was a four-year, $57 million deal he signed with the Cleveland Cavaliers in 2016.
**Q6: Does JR Smith have any business ventures?**
Yes, JR Smith has invested in several businesses, including a chicken wing restaurant chain called “Birdies” and a tech startup called “Blaze Pizza”.
**Q7: What is JR Smith’s real estate portfolio like?**
JR Smith owns several properties across the United States. He has homes in Ohio, California, and New York, among other places.
**Q8: Does JR Smith have any philanthropic efforts?**
Yes, JR Smith is involved in several charitable causes. He has donated to various organizations and has also started his own foundation, “The JR Smith Family Foundation”, which focuses on helping underprivileged youth.
**Q9: What are some of JR Smith’s most expensive assets?**
Some of JR Smith’s most expensive assets include his luxury cars, such as a Rolls-Royce Ghost and a Lamborghini Aventador, and his extensive jewelry collection.
**Q10: How much does JR Smith spend on his lifestyle?**
JR Smith is known for his lavish lifestyle. He spends a significant amount of money on his cars, homes, jewelry, and other luxuries. However, the exact amount he spends on his lifestyle is not publicly disclosed.
