Anfernee Deon " Penny" Hardaway, or simply Penny Hardaway, is an American college basketball coach. He is also a former basketball player in the National Basketball Association (NBA) and was often compared to the legendary Magic Johnson, who has a gay son.
Penny Hardaway has had an impressive career in basketball, and has played for big teams and finally retired to become a coach for Memphis Tigers, during which he earned a huge net worth for himself.
According to the review by Celebritynetworth, Penny Hardaway has a net worth of $50 million. So, what has been his major sources of income? Well, we will talk about his career, and the salary he received as a player one by one.
In 1993, while playing for Orlando Magic, Penny received $1,244,000 as his salary and the figures kept on increasing over the years.
In 1994, he received $4,305,000. The figures increased to $5,230,000 in 1995 and $6,655,000 in 1996. Continuing with the team, in 1997 he received $7,580,000 and $8,505,000 in 1998.
He then signed a contract with Phoenix Suns and received $9,000,000 in 1999, $10,130,000 in 2000, $12,375,000 in 2002. In 2003, he got $13,500,000 from Phoenix until he made a move to New York Knicks.
In 2004, Penny earned $14,625,000, and $15,750,000 in 2005. While playing for Miami Heat in 2007, he was said to receive around $320,142; pretty low in comparison to what he was paid earlier.
Penny started playing at an early age and used to pay for the Treadwell High School in Memphis and has also been named as the player of the year for the Parade Magazine National High School. He completed his high school with a total of 3039 points.
As we have already mentioned above, his professional career began after he completed his college. Let's talk about his association with different teams.
Selected by the Golden State Warriors in the 1993 NBA draft, he was quickly traded to Orlando Magic. There he started playing at the shooting guard position while he was learning to play from the point guard position.
He played 6 seasons while in Orlando Magic, starting from 1993 to 1999 and appeared in a total of 369 regular season games, where he had 19 points, 4.7 rebounds, 6.3 assists and 1.9 steals per game.
In the summer of 1999, Penny was traded to Phoenix Suns for Danny Manning, and Pat Garrity. He played 5 seasons with Phoenix Suns starting from the year 1999 till 2004.
He appeared in 236 regular season games and averaged 12.4 points, 4.2 assists, 1.3 steals and 4.5 rebounds.
Penny was traded to New York Knicks on January 6, 2004, along with teammate Marbury and Cezary Trybanski. Together with Marbury, he leads the Knicks to the 2004 NBA Playoffs.
He appeared for 42 regular seasons games and had 9.6 points, 1 steal,1.9 assists and 4.5 rebounds. penny remained in Knicks for 2 years starting from 2004 to 2006.
Hardway signed a deal with Maimi Heat on August 9, 2007, where he wore jersey number 7. He appeared for 16 regular season games and had 3.8 points, 2.2 assists, 2.2 rebounds and 1.19 steals.
Hardaway is still continuing his career in basketball but as a coach. He was hired to coach the Memphis Tigers on the 9th of March, 2018.
Well, over the years, his net worth has seen a substantial growth and we hope it continues to grow in the future as well.