Trae Young Net Worth 2026: Wizards Contract, Career Earnings and What He Is Really Worth

By Devendra Kumar

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American professional basketball player Trae Young has an estimated net worth of $50 million to $80 million as of September 2026 — published estimates are spread that widely, and the reasons are set out below. He is now the Washington Wizards’ star point guard, having been traded from Atlanta in January 2026 and then signing a four-year, $212,799,690 deal with Washington in June 2026. Fans call him “Ice Trae” because he stays calm under pressure. He made history as the first NBA player to score 30+ points, get 20+ assists, and hit 5+ three-pointers in a single game.

Trae Young went from a small-town Oklahoma kid to a millionaire NBA star. His wealth comes from big NBA contracts, endorsements, and smart investments. This article explains how he built his fortune and what’s next for the four-time All-Star.

Trae Young Bio

FieldDetails
First NameTrae
Last NameYoung
Full NameRayford Trae Young
Date of BirthSeptember 19, 1998
Age27 (as of September 2026)
Birth PlaceLubbock, Texas, U.S.
ResidenceNot specified
CountryUnited States
ProfessionProfessional basketball player
EducationNorman North High School (Norman, Oklahoma); Oklahoma Sooners (2017–2018)
FatherRayford Young
MotherCandice Young
NationalityAmerican
SiblingsYounger brother and two younger sisters
BrotherYounger brother (not named)
ReligionChristian
SpouseShelby Miller (married July 2023)
HoroscopeNot specified
Weight164 lb (74 kg)
Height6 ft 1 in (1.85 m)
Net WorthEstimated $50-80 million (career earnings are a separate figure: $192,825,403 gross, per Spotrac)
CategoryBasketball
Current TeamWashington Wizards (traded from Atlanta, January 2026)
PositionPoint guard
Jersey Number11
Years Active2018–present
Draft2018 NBA draft: 1st round, 5th overall pick
Drafted ByDallas Mavericks (traded to Atlanta Hawks on draft day)
Previous TeamsAtlanta Hawks (2018-2026)
AwardsFour-time NBA All-Star, 2019 NBA All-Rookie First Team, 1 All-NBA, 9 NBA Player of the Week, 4 NBA Rookie of the Month, Wayman Tisdale Award (2018), Big 12 Freshman of the Year (2018), All-Big 12 First Team (2018), Consensus All-American First Team (2018)
Instagram5M followers (@traeyoung)

Early Life and Career

Trae Young was born in Lubbock, Texas on September 19, 1998, but grew up in Norman, Oklahoma. Basketball ran in his family—his father played college ball at Texas Tech. Young became a star at Norman North High School, where he averaged 42.6 points per game as a senior and made the McDonald’s All-American team.

In his one season at Oklahoma (2017-18), Trae Young made history. He tied the NCAA record with 22 assists in a game and became the first player ever to lead the nation in both scoring (27.4 ppg) and assists (8.7 ppg). His standout year earned him First-Team All-American honors and set him up for the 2018 NBA Draft.

Hawks drafted Trae Young 5th overall in 2018 after a trade with Dallas for Luka Dončić. He proved himself fast, averaging 19 points and 8 assists as a rookie and making the All-Rookie First Team.

NBA Salary and Contracts

Trae Young makes most of his money from NBA contracts. His first deal with the Hawks (2018-2022) paid $26 million over four years. After leading Atlanta to the 2021 Conference Finals, he signed a massive extension – a designated rookie deal reported at the time as worth up to $207 million over five years, with $172 million guaranteed. Spotrac records that deal as it actually paid out: $215,159,700, fully guaranteed. The reported and recorded figures differ because the salary cap rose across the life of the contract and the escalators in it were reached, which is a common reason two credible sources give different totals for the same deal. It was the richest contract in Hawks history. He was traded to the Washington Wizards in January 2026, for CJ McCollum and Corey Kispert, after Atlanta declined to offer him a further extension. He played five games for Washington that season, declined a $49 million player option, and re-signed with the Wizards in June 2026 on a four-year contract worth $212,799,690, fully guaranteed, with a player option in the final year and a 7.5 percent trade bonus.

For the 2026-27 season, his first full campaign in Washington, Trae Young will earn a base salary of $49,488,300 – making him one of the highest-paid players in the league. The deal was signed off the strength of his Atlanta years, where he led the NBA in assists, rather than on his short and injury-shortened first spell in Washington, in which he appeared five times.

Endorsement Deals

Trae Young earns big from endorsements, especially his Adidas deal. He signed with them before entering the NBA in 2018. The contract pays him about $1.8 million per year and led to his own shoe line, the Trae Young 1. Only Harden and Lillard also have signature Adidas shoes among NBA players.

Trae Young partners with many big brands beyond Adidas. He works with Old Spice, Chipotle, NBA 2K, Sprite, and others, earning about $3 million per year from these deals. His exciting play and appeal to young fans make him attractive to companies.

Trae Young Net Worth

As of September 2026, published estimates of Trae Young net worth run from about $50 million to $80 million. Celebrity Net Worth updated to $80 million in June 2026; several other trackers still carry $50-60 million, and a few sit lower still. The spread is not carelessness so much as method: the higher estimates assume the new Washington contract is already banked and price his private investments generously, while the lower ones count only what has been paid and taxed. He’s made his money through NBA contracts, brand deals, smart investments, and real estate. His success shows both his talent on the court and his smart moves off it, putting him among the richest young players in the league. It is worth being clear about what the big number in this article is not. Spotrac puts his gross career earnings at $192,825,403 — every dollar the Hawks and Wizards have paid him since 2018. That is not a net worth, and this page used to publish it as one. A player at that level loses roughly half of his salary to federal, state and jock taxes before an agent takes about 4 percent, so the ceiling on what he could have accumulated from basketball alone is somewhere near $95 million, and he has spent visibly against it, including $20 million on a house in Calabasas. Read against that, the $50-80 million range is sensible and the raw earnings figure is not. The same confusion is common across the league: Bronny James net worth was widely reported using his full rookie contract rather than the guaranteed portion, and Tyrese Haliburton net worth is one of the few pages that gets the distinction right, listing an estimate and career earnings as separate lines. Outside basketball, Miguel Rojas net worth and Connor Heyward net worth both had to be corrected for the same reason.

Growing His Wealth

Trae Young puts his money to work through smart investments. He bought into Hyperice, a recovery tech company that raised $48 million. He also invested in StarStock, a sports card platform that got $8 million in funding. While the exact amounts aren’t public, these moves show he’s building wealth beyond basketball. While he keeps some deals private, his known investments show he’s focused on the future.

Personal Life

Trae Young married his longtime partner Shelby Miller in July 2023. The couple already had two children together before their wedding. While Young is known to be Christian, he keeps most details about his family life private.

Also Read- DeMar DeRozan Net Worth 2025: Salary, Endorsements and Investments

Real Estate and Assets

Trae Young owns impressive real estate, including a $1.5 million mansion in his Oklahoma hometown. The 8,100-square-foot home has five bedrooms and six bathrooms, providing plenty of space for his family.

Trae Young bought a $20 million mansion in Calabasas in 2022 – the same home Drake once owned. The massive 13,000-square-foot estate features seven bedrooms, ten bathrooms, a movie theater, and a swimming pool. Though he purchased it for $20 million, the property was later listed for $30 million in 2023.

Car Collections

Young owns some eye-catching cars. He has a matte black Audi R8 V10, a black McLaren 720S, and a matte black Lamborghini Aventador. These pricey rides show he’s one of the top players in the NBA.

Community Support

Trae Young gave $10,000 to RIP Medical Debt in 2020. His donation erased $1 million in medical bills for 570 Atlanta families – about $1,858 per family. This helped people struggling with healthcare costs, showing his focus on community support.

Conclusion

Trae Young’s rise from Oklahoma prep star to NBA millionaire shows how skill and smart choices pay off. His $212.8 million Washington contract, endorsement deals, and startup investments have secured his wealth. The California mansion and luxury cars are just the visible rewards of his success. Updated 7 September 2026. Current team, contract terms and career earnings verified at Spotrac (Washington Wizards; 4 years, $212,799,690 signed June 2026; $49,488,300 for 2026-27; career earnings $192,825,403; the 2022-2026 Atlanta extension recorded at $215,159,700). The January 2026 trade to Washington for CJ McCollum and Corey Kispert was reported by ESPN, and the new contract by NBA.com. Net worth range reflects the spread across published estimates, with Celebrity Net Worth at $80 million as of June 2026.

FAQs about Trae Young Net Worth

What is Trae Young’s current NBA contract worth?

He signed a four-year, $212,799,690 contract with the Washington Wizards in June 2026, fully guaranteed, with a player option in the final year. It replaced the Atlanta extension he signed in 2021, reported then as up to $207 million over five years and recorded by Spotrac as $215,159,700 once the cap rose.

Where does Trae Young live?

He owns a $1.5 million mansion in Norman, Oklahoma, and a $20 million estate in Calabasas, California, formerly owned by Drake.

Has Trae Young done any charitable work?

Yes, in 2020 he donated $10,000 to RIP Medical Debt, helping erase $1 million in medical bills for 570 Atlanta families.

When was Trae Young drafted into the NBA?

He was drafted 5th overall in the 2018 NBA Draft by the Dallas Mavericks and traded to the Atlanta Hawks for Luka Dončić.

Does Trae Young have his own signature shoe?

Yes, the “Trae Young 1” with Adidas. Only James Harden and Damian Lillard also have signature shoes with Adidas among NBA players.

Devendra Kumar

Devendra Kumar is an independent sports journalist who has spent the past 7 years researching and analysing athletes’ earnings, brand endorsements, and investments.

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