What is Ja Morant's net worth as of February 2023? Exploring his annual earnings from contracts & deals he has signed

Ja Morant's net worth continues to increase as the young point guard ascends to superstardom. Along with his upcoming max extension, the Memphis Grizzlies star has an array of endorsement deals.

As of this year, Ja Morant's net worth is around $80 million. This includes his average salary of around ten million dollars and other deals he has outside of basketball. After this season, the 23-year-old will begin his new five-year, $194.3 million deal.

Outside of his earnings on the court, Morant's biggest income stream is from his endorsement deal with Nike. After discontinuing their shoe line with Kyrie Irving, they released the first of many shoes for the former No. 2 pick.

Since being drafted in 2019, Morant has been one of the NBA's most electrifying young stars. Through 53 games this season, he is averaging 27.1 points and 8.2 assists while leading Memphis to one of the top spots in the Western Conference.

Ja Morant's net worth could be taking a hit soon

While things were just starting to look up for the young star, it could quickly come crashing down. Over the past few weeks, the Memphis Grizzlies All-Star has been tied up in off-the-court drama.

To kick things off, Ja Morant is connected to two assault allegations. One involving a mall security guard and the other involves an incident with a 17-year-old and a firearm.

The more recent issue involves his social media activity. On early Saturday morning, Morant went live on Instagram where he proceeded to show he had a gun on him.

Barstool Sports

@barstoolsports

Ja Morant’s live on IG

Does he just forget he’s a NBA superstar or something????

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Ja Morant’s live on IG

Does he just forget he’s a NBA superstar or something???? https://t.co/JulKxvllWN

Not long after the picture went viral, the Memphis Grizzlies quickly took action. The team put out a press release Saturday afternoon stating that Morant will be suspended for "at least two games." ESPN's Adrian Wojnarowski also reported that the NBA will be investigating the post.

Grizzlies PR

@GrizzliesPR

Statement from the Memphis Grizzlies

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Statement from the Memphis Grizzlies https://t.co/CLB2TG5nnI

Adrian Wojnarowski

@wojespn

Memphis Grizzlies star Ja Morant was seen on his own instagram live displaying a gun while at a nightclub early Saturday morning. twitter.com/wojespn/status…

Adrian Wojnarowski

@wojespn

NBA spokesman Mike Bass: “We are aware of a social media post involving Ja Morant and are investigating.”

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NBA spokesman Mike Bass: “We are aware of a social media post involving Ja Morant and are investigating.”

Memphis Grizzlies star Ja Morant was seen on his own instagram live displaying a gun while at a nightclub early Saturday morning. twitter.com/wojespn/status…

Depending on how things unfold from these incidents, Ja Morant's net worth could take a hit moving forward. If the two-time All-Star continues to be tied up in scandals, no company will want to attach their name to him.

At this stage of his career, Morant is in a prime position to maximize his earnings. But if he doesn't clean up his act, it will greatly hurt those chances.

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