Malik Monk Net Worth 2026: Earnings, Contracts, and Endorsements

American professional basketball player Malik Monk has an estimated net worth of $30–40 million (most trackers converge near $36 million) and plays for the Sacramento Kings in the NBA. Interestingly, his decision to enter the NBA Draft reflected his courage to choose big dreams, even though it meant leaving his college education behind.

Being selected as the 11th overall pick in the 2017 NBA Draft was a huge achievement, especially considering he only played one season of college basketball. Standing at 6 feet 3 inches, his size and basketball IQ helped him earn the 7th spot in Chad Ford’s Top 100 Draft Rankings.

Updated 1 October 2026: career earnings corrected to Spotrac’s $72,934,399 through 2025-26 (this page previously said more than $73 million), contract figures checked against Spotrac, and current team confirmed by the Kings’ 2026-27 training camp roster (Sactown Sports; Kings Herald, 29 September 2026). Net worth range as cross-checked on August 5, 2026.

Malik Monk Bio

Field	Details
First Name	Malik
Last Name	Monk
Full Name	Malik Ahmad Monk
Date of Birth	February 4, 1998
Age	28
Birth Place	Jonesboro, Arkansas, United States
Residence	Not publicly specified (Sacramento area likely)
Country	USA
Profession	Professional Basketball Player
Education	University of Kentucky
Father	Michael Scales
Mother	Jackie Monk
Nationality	American
Siblings	One brother
Brother	Marcus Monk
Religion	Not publicly specified
Spouse	Not publicly specified
Horoscope	Aquarius
Weight	200 lbs (91 kg)
Height	6 ft 3 in (1.91 m)
Net Worth	~$30–40 Million (estimated; sources vary — see the net worth section below)
Category	Sports – Basketball
Current Team	Sacramento Kings
Position	Shooting Guard
Jersey Number	0
Years Active	9 seasons (up to the 2025-26 season)
Draft	2017 NBA Draft, 1st Round, 11th Overall
Drafted By	Charlotte Hornets
Previous Teams	Charlotte Hornets, Los Angeles Lakers
Awards	– Consensus Second-Team All-American (2017) – SEC Player of the Year (2017) – SEC Freshman of the Year (2017)
Instagram	538K followers (@ahmad_monk)

What is Malik Monk’s net worth in 2026?

As of August 2026, Malik Monk’s net worth is estimated between $30 million and $40 million, with most current trackers converging near $36 million. That range reflects career NBA earnings of $72.9 million through the 2025-26 season, per Spotrac (rising toward $115 million if he plays out his contract through the 2027-28 option year) plus endorsement income from Nike and Popeyes, minus the taxes, agent fees, and living costs that separate gross earnings from net worth. With his $17.4 million base salary for the 2024–25 season, Monk ranked 96th among NBA players in pay; his salary rose to $18.8 million for 2025–26.

What was Malik Monk’s early career and first NBA contract?

Born on February 4, 1998, in Jonesboro, Arkansas, Monk basketball journey began early. He transferred to Bentonville High School in 2013, where he quickly stood out. His talent earned him a spot in the McDonald’s All-American Game in 2016. Monk committed to the University of Kentucky in 2015, picking it over Arkansas.

At Kentucky, Monk dominated the court. He scored 754 points as a freshman, breaking Jamal Murray’s record. His performance earned him the SEC Player of the Year title and the Jerry West Award as the best shooting guard in college basketball.

In 2017, Monk entered the NBA Draft. The Charlotte Hornets selected him 11th overall, signing him to a rookie deal worth $15.7 million over four years. Though he had strong moments, a suspension in 2020 for violating the NBA’s substance policy briefly derailed his career. Monk was reinstated in June 2020 after meeting the league’s requirements.

What was Malik Monk’s time with the Los Angeles Lakers like?

Monk joined the Los Angeles Lakers in August 2021 on a one-year, $1.79 million deal. The Lakers used a trade exception to acquire him, which gave them salary flexibility.

How has Malik Monk’s career and contracts evolved?

In 2022, Monk signed a two-year, $19 million deal with the Sacramento Kings. His first season was a breakthrough. He averaged 13.5 points, 2.6 rebounds, and 3.9 assists per game. His efforts helped end the Kings’ 16-year playoff drought. In February 2023, Monk scored 45 points in a double-overtime win against the Clippers, marking one of the highest-scoring games in Kings history.

The Kings rewarded Monk’s contributions by using his “Early Bird” rights to offer a bigger contract. In July 2024, Monk re-signed for four years and $78 million. This deal included a player option for the final season. It also reunited him with former Kentucky teammate De’Aaron Fox.

What are the details of Malik Monk’s current contract?

Malik Monk’s current contract is a four-year, $78 million deal with the Sacramento Kings, starting at $17.4 million in 2024-25 and rising to $21.6 million in 2027-28 (player option). His annual salaries are:

• 2024–25: $17.4 million
• 2025–26: $18.8 million
• 2026–27: $20.2 million
• 2027–28: $21.6 million (player option)

As of August 2026, Monk’s net worth is estimated between $30 million and $40 million (most current trackers converge near $36 million), bolstered by endorsements with Nike and Popeyes.

What are Malik Monk’s endorsements and additional income sources?

Malik Monk’s endorsements include deals with Nike and Popeyes, contributing an estimated $1-2 million annually to his income beyond NBA salaries. Former Kings guard Buddy Hield, who left Sacramento in a 2022 trade, has built a similarly diversified endorsement portfolio over his NBA career.

Also Read- Joel Embiid Net Worth 2026: $321M Career Earnings, Contract & Endorsements

Conclusion

Malik Monk’s financial growth reflects his on-court achievements. From a $15.7 million rookie contract to a $78 million deal with the Kings, his earnings have steadily risen. Endorsement deals with Nike and Popeyes further underline his market value. As Monk continues to thrive in the NBA, his net worth is expected to keep climbing. His financial trajectory mirrors other NBA guards who turned lucrative contracts into lasting wealth, including DeMar DeRozan, Jordan Clarkson, and Tyrese Haliburton.

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