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 August 5, 2026: Net worth and career-earnings figures cross-checked against Basketball-Reference salary data and current NBA contract/trade reporting; current-team status confirmed via 2026-27 Sacramento Kings roster coverage.
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) |
| 538K followers (@ahmad_monk) |
What is Malik Monk’s net worth in 2025?
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 more than $73 million to date (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. Fellow Kings guard Buddy Hield has built a similarly diversified endorsement portfolio over his NBA career.
Also Read- Joel Embiid Net Worth 2025: Salary, Endorsements & More
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.
Frequently Asked Questions
What is Malik Monk’s estimated net worth as of January 2025?
As of August 2026, Malik Monk’s net worth is estimated between $30 million and $40 million, with most trackers converging near $36 million.
What are the primary sources of Malik Monk’s net worth?
Malik Monk’s net worth primarily stems from his NBA contracts and endorsement deals.
How does Malik Monk’s salary compare to other NBA players?
For the 2024–25 season, Malik Monk’s base salary of $17,405,203 places him 96th among NBA players in terms of salary.
What is the “Early Bird” exception?
The “Early Bird” exception allows the Sacramento Kings to offer Monk a contract that exceeds the salary cap limits, which are in place to control spending by NBA teams.
