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Michael Beasley Net Worth, Biography & Wiki 2017
Michael Paul Beasley, Jr. was born on the 9th January 1989, in Cheverly, Maryland USA, and is known for being a professional basketball player with the Houston Rockets in the National Basketball Association (NBA). Previously, he played for the Miami Heat, Phoenix Suns, and others. His professional playing career has been active since the 2008 NBA Draft.
Have you ever wondered how rich Michael Beasley is, as of mid- 2016? It has been estimated from authoritative sources that the total size of Michael’s net worth is currently over $10 million, which has been accumulated through his successful career in the sports industry as a basketball player.
Michael Beasley Net Worth $10 Million
Michael Beasley spent his childhood in his hometown, together with his four siblings, his mother Fatima Smith, and his father Michael Beasley, Sr. His family moved frequently, so he attended six high schools, matriculating from Oak Hill Academy. In his teens, he played basketball for one of the most successful youth teams – the PG Jaguars. As a senior, Michael averaged 28 points and 16 rebounds per game, and as he excelled, he was named to the All-American second team, as well as the McDonald’s All-American team. He then enrolled at Kansas State, where he began playing for the college team, but he played only one season before deciding to venture into professional waters, and start his career in the NBA.
In his first and only season as a college player, Michael averaged 26.2 points and 12.4 rebounds per game, and won several awards, including the Big 12 Player of the Year, USBWA National Freshman of the Year; he also received the Pete Newell Big Man Award, among other awards and recognitions.
In 2008 NBA Draft, Michael was selected as the 2nd pick overall by the Miami Heat, where he played until 2011, when he was traded to the Minnesota Timberwolves. During his time at Miami, his net worth increased to a large degree, thanks to the contract he signed with the team. In his first season, Michael started 19 games, but played in 81, averaging 13.9 points, and 5.4 rebounds per game. In the second season his numbers increased, averaging 19.2 points per game and 6.4 rebounds in the 78 games he played.
However, he was traded to the Timberwolves in order to release salary cap space for the signing of LeBron James and Chris Bosh, for second-round draft picks of the 2011 and 2014 NBA Drafts. He played for Minnesota for only one season, after which his contract expired, and the Timberwolves` GM didn`t feel that Beasley would be a great fit for the team, so he signed a contract with the Phoenix Suns, worth $18 million over three years, which certainly increased his net worth.
But his stint at the Phoenix wasn`t long, as he was waived by the Suns following his arrest for marijuana possession.
He returned to the Miami Heat, and played in 55 games, and then moved to China to play for the Shanghai Sharks, before returning again to the Miami Heat, for 24 games.
In 2015 he again played basketball in the China, this time for the Shandong Golden Stars, and became one of the best players in the team.
Most recently he has signed a contract with the Houston Rockets, which has further increased his net worth.
Thanks to his talents, Michael has received several prestigious awards both in the NBA and Chinese Basketball Association, including the NBA All-Rookie First Team in 2009, CBA Foreign MVP in 2016, and two times CBA All Star appearances in 2015 and 2016, in which he was also named as the All-Star Game MVP, among other awards.
Speaking about his personal life, Michael Beasley has two children, but their mother(s) remain anonymous, as well as other private information about him.