Rasheed Wallace Net Worth: NBA Career & Earnings

Publish date: 2024-07-08

An assistant coach for the Memphis Tigers and former NBA player Rasheed Wallace’s net worth is a staggering $75 million.

He was born in  Philadelphia in 1974 and played his high school basketball for Simon Gratz High School.

The 6’11” tall Wallace immediately impacted the NBA and featured in All-Rookie’s second team in his first season.

Meanwhile, the power forward won his first NBA championship with Detroit Pistons in 2004.

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Rasheed Wallace | Quick Facts

NameRasheed Wallace
Full NameRasheed Abdul Wallace
NicknameDirty30, Sheed, Roscoe
Age49 Years Old
Date of BirthSeptember 17, 1974
GenderMale
Place of BirthPhiladelphia, Pennsylvania, United States
NationalityAmerican
ProfessionFormer Professional Basketball Player,
Men’s Basketball Coach
Zodiac SignVirgo
ReligionIslam
Race/EthnicityBlack
ResidenceNorth Carolina
Height208 cm, 6 ft 10 in
Weight102 kg
Hair ColorBlack
Eye ColorBlack
BuildAthletic
Social Media Instagram
Sexual OrientationStraight
FatherSam Tabb
MotherJackie Wallace
SiblingsBrothers:- Muhammad Wallace, Malcolm Wallace
Marital StatusDivorced
ChildrenSons:- Nazir Wallace, Malik Wallace, Ishmael Wallace
Daughter:- Rashaya Wallace
Ex-WifeFatima Sanders
EducationChapel Hill, The University of North Carolina
HobbiesNot Available
TeamsWashington Bullets, Portland Trail Blazers, Atlanta Hawks, Detroit Pistons, Boston Celtics, New York Knicks
Current TeamRetired
Playing PositionPower Forward
StrengthPower/Center Forward
Shirt Number30,36
AwardsNBA All-Star, NBA All-Rookie Second Team, NBA Champion, First-team All-ACC
MerchBasketball Card, Poster, Jersey
LeagueNational Basketball League (NBA)
Career Started1995
Retired2013
Net Worth$75 million
Last UpdatedDecember, 2023

Rasheed Wallace | Net Worth and Income

The former NBA star Rasheed Wallace’s net worth is $75 million from his super successful NBA career and endorsements deals.

Meanwhile, Wallace made a mind-boggling $156 million in a salary from his astonishing 18-year long career in NBA.

During his time with the New York Knicks, he earned a minimum salary of $1.7 million.

In addition, Wallace received around $17 million in annual salaries from Portland Trail Blazers in 2003-04.

Furthermore, Rasheed made a whopping $60 million while playing for Detroit Pistons.

Also, he made around $12 million during his short stint with Boston Celtics from 2009-11.

Currently, Wallace works as an assistant coach for Memphis Tigers and makes around $6-7 million a year.

Net Worth of Rasheed Wallace in Different Currencies

Let’s have a quick look at NBA star Rasheed Wallace’s net worth in some of the major currencies.

CurrencyNet Worth
Euro€ 13.6 million
Pound Sterling£ 11.6 million
Australian DollarA$ 22 million
Canadian DollarC$ 20 million
Indian Rupee₹ 1.18 billion
BitCoin฿342

Rasheed Wallace | Cars and Houses

Cars

Rasheed has quite elegant cars in his collection. To start with, he has a Hummer H1 that costs around $140,000.

Likewise, the former NBA superstar owns a super stylish and expensive Maybach 57, which costs around $417,000.

Meanwhile, the list of cars does not end here as Wallace owns Mercedes S-Class, 1996 Ford Bronco, which cost around $110,000 and $28,000 respectively.

Houses

One of the most iconic NBA stars of all time Rasheed Wallace’s net worth is an enormous $75 million.

The talismanic figure in NBA Rasheed has made a huge net worth from his professional career and has spent a good amount on houses.

As per reports, he owns a massive 10,568 square feet house worth around $3.7 million in Rochester Hills, Michigan.

Meanwhile, the enormous house boasts five master suites, a balcony, swimming pool, sauna, and inlaw suite with kitchen.

Besides, he owns one more house in Durham, North Carolina, with four-bedroom, and three bathrooms. However, the price of a home has not been disclosed.

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Rasheed Wallace | Media, Investments, and Endorsements

Media

He is one of the finest players to play in the NBA who enjoys a massive fanbase across the globe. Likewise, Wallace has featured in various movies, documentaries, TV series, and interviews.

To begin with, Rasheed has featured as an actor in movies like Juwanna Mann (2002) and Like Mike (2002).

Also, Wallace has featured in TV shows such as Pardon the Interruption, and ESPN First Take.

Rasheed Wallace | Lifestyle and Vacations

The tall and lanky former NBA player Rasheed Wallace’s net worth is $75 million. With such a high net worth, it is evident for anyone to have a luxurious lifestyle.

Wallace is no different and enjoys a normal lifestyle. He has a good sense of clothing and often gets dressed in suitable attire.

In addition, he possesses a fleet of cars that are worth a million.

As Rasheed Wallace likes to keep things private regarding his life. So, there is hardly any information available regarding his vacations.

Moreover, Rasheed has three kids with his former wife Fatima Sanders. Similarly, he follows Islam.

Rasheed Wallace | Charity

He has always been vocal and active in addressing social issues and causes. To begin with, Wallace was one of the most prominent voices and helping hands in the Flint water crisis.

Furthermore, Wallace personally delivered water door to door in Flint in 2016. Later, his gesture inspired many big celebs likes Stephen Jackson, Rachel Nicolsto to come forward.

Likewise, he established his own foundation Rasheed Wallace Foundation in 1997 to help needy children and the community.

Meanwhile, the NBA recognized his contribution to society and awarded him the Community Assist Award in April 2006.

Rasheed Wallace | Career

Wallace started his early career playing for the University of North Carolina under coach Dean Smith.

After his impressive gameplay, Wallace got picked by the Washington Bullets as overall 4th pick in round 1 in 1995 NBA Drafts.

Meanwhile, Wallace played only one season as a rookie for the Bullets before getting traded to Portland Trail Blazers.

Surprisingly, he had a good stay and performance in the Blazers and was featured in NBA All-Star twice (2000, 2001).

Later, Rasheed moved to Atlanta Hawks but played only one game and moved to the Detroit Pistons in 2004.

Likewise, he signed a three-year contract with Boston Celtics in 2009 and helped his team reach in NBA finals.

Sadly, in 2013, he decided to hang his boots after an impressive 18 years long career in NBA.

Above all, after his retirement, Wallace got into coaching and joined Detroit Pistons as an assistant coach in 2013.

Currently, he is serving as an assistant coach for Memphis Tigers.

Interesting Facts About Rasheed Wallace

FAQs

Are Ben Wallace and Rasheed related?

No, the former fellow NBA players are not related in any way.

Is Rasheed Wallace Hall Of Famer?

No, Rasheed Wallace has not been inducted into the Hall of Fame.

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