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Basketball Glory To Financial Story - Lamar Odom Net Worth In Perspective

He became well-known after being married to the Kardashian family. Lamar Odom is now worth forty million dollars. Come along as we reveal the Lamar Odom net worth, breaking down the financial achievements and revealing the financial legacy of this legendary person.

Author:Emily Sanchez
Reviewer:James Pierce
Jan 17, 202410.3K Shares164.4K Views
Lamar Odom has received praise from critics for his basketball playing career. He joined the NBA in 1999 and continued to play there until 2014. Odom has participated in many teams' campaigns and received numerous honors and trophies. In addition to enjoying great success in his early career, he received recognition for his achievements in both high school and college.
He became well-known after being married to the Kardashian family. Lamar Odom is now worth forty million dollars. Come along as we reveal the Lamar Odom net worth, breaking down the financial achievements and revealing the financial legacy of this legendary person.

Early Life Of Lamar Odom

Lamar Odom smiling
Lamar Odom smiling
On November 6, 1979, Lamar Joseph Odom was born in South Jamaica, Queens, New York City, New York. Odom had a difficult upbringing. At twelve, his mother passed away from colon cancer.
His father was a heroin user. His grandma Mildred reared him. At the three high schools he attended Christ The King Regional High School, Redemption Christian Academy, and St. Thomas Aquinas High School Odom excelled as a basketball player.
Odom won three 1997 awards: Parade Player of the Year, Parada All-American First Team, and USA Today All-USC First Team. Odom considered going straight into the NBA after high school, but he ultimately decided he wasn't ready. Odom received funding from University of Nevada, Las Vegas scholarship.
But once certain concerns about his ACT score surfaced and he was jailed for allegedly soliciting prostitutes, the institution withdrew his scholarship. Odom chose to enter the NBA Draft rather than attend the University of Rhode Island, where he played for one season in 1998–1999 before making his decision.

Quick Facts About Lamar Odom

Date Of BirthNov 6, 1979
Place Of BirthSouth Jamaica
GenderMale
ProfessionBasketball player, Actor
NationalityUnited States of America

Basketball Career

Lamar Odom playing basketball
Lamar Odom playing basketball
During his freshman year at the University of Rhode Island, this 6 foot 10 inch forward was taken as the fourth overall choice by the Los Angeles Clippers in the 1999 NBA Draft. He was selected to the 2000 NBA All-Rookie First Team as a result of his outstanding rookie year. He played for the Miami Heat alongside another young rookie, Dwyane Wade, in the 2003–04 season.
At the conclusion of the campaign, Lamar was dealt to the Los Angeles Lakers in exchange for All-Star Shaquille O'Neal, along with Caron Butler and Brian Grant. From 2004 until 2011, he was a player with the Lakers. In 2011–12, he was a member of the Dallas Mavericks; in 2012–2013, he returned to the Clippers.
Odom signed a two-month contract with the option to extend it for the duration of the season on February 18, 2014, with Laboral Kutxa Baskonia of the Spanish League and the Euroleague. A month later, a back issue prevented him from fulfilling his contract. He only made two appearances for Baskonia.
He finished the 2013–2014 NBA season as a member of the New York Knicks. He played for the United States national basketball teams in both the 2010 FIBA World Championship in Turkey, where they won gold, and the 2004 Summer Olympics in Athens, where they averaged 9.3 points per game and earned a bronze medal.

Awards And Achievements

Lamar Odom shaking hands with a man at a conference
Lamar Odom shaking hands with a man at a conference
Lamar Odom's basketball career has been marked by numerous awards and achievements, highlighting his versatility and impact on the court. Here are some of the notable awards and achievements earned by Lamar Odom:
  • NBA Championships (2009, 2010) - Lamar Odom was a key contributor to the Los Angeles Lakers' back-to-back NBA championships in the 2008-2009 and 2009-2010 seasons.
  • NBA Sixth Man of the Year (2010-2011) - Odom received the NBA Sixth Man of the Year award for the 2010-2011 season, recognizing his outstanding performance as a reserve player for the Los Angeles Lakers.
  • NBA All-Rookie First Team (2000) - In his rookie season with the Los Angeles Clippers, Lamar Odom earned a spot on the NBA All-Rookie First Team, showcasing his promising start in professional basketball.
  • NBA All-Star Appearances (2004, 2011) - Odom was selected to the NBA All-Star Game twice in his career, representing the Western Conference in 2004 and 2011.
  • NBA All-Defensive Team (2010) - Known for his defensive skills as well, Lamar Odom was named to the NBA All-Defensive Second Team for the 2009-2010 season.
  • Bronze Medal in the FIBA World Championship (2004) - Odom contributed to the United States national team's success, winning a bronze medal at the FIBA World Championship in 2004.
  • NCAA All-American (1999) - Before entering the NBA, Lamar Odom earned NCAA All-American honors during his one-year college basketball career at the University of Rhode Island.
  • High School Achievements - In high school, Odom gained recognition as a McDonald's All-American and was part of the Parade All-American First Team during his senior year.

Lamar Odom Net Worth

The projected amount of Lamar Odom's net worth is $30 million. This is the result of his many business endeavors, prudent investing, and great basketball career. Lamar made a substantial sum of money while playing in the NBA; his career earnings are estimated to have been $114 million.
In addition, he made money from sponsorships, having signed contracts with Rich Soil Entertainment, Nike, and Vitamin Water. Lamar's wealth has made it possible for him to have a comfortable and secure existence.

Real Estate Properties

For just less than $3 million in 2003, Odom purchased an 8,557-square-foot estate in Pinecrest, Florida, a Miami suburb. He hung onto the mansion after being traded by the Miami Heat and put it up for rent, charging $20,000 a month.
He tried for a few years to sell the house. He listed the property for $5.2 million in April 2017, lowered the asking price to $4.5 million, and then reduced it once more to $4.1 million. Odom relisted the home in October 2017 for $3.8 million, then in January 2018 he lowered the asking price to $3.4 million.
He relisted it for $3.6 million a month later. Odom and Kardashian sold their 8,000 square foot marital home in Tarzana, California's Mullholland Park area for $5.499 million in 2014. The residence was purchased by Kaley Cuoco of Big Bang Theory.

Car Collection

Lamar Odom is a car enthusiast who has an impressive collection of vehicles. Odom drives vehicles from Ford, Toyota, Mercedes, Lexus, and other brands. Fans often get a glimpse of him when he is driving.

Charity Works Of Lamar Odom

Lamar Odom wearing a blue suit
Lamar Odom wearing a blue suit
Lamar Odom has been involved in various charitable activities throughout his career. Here are some notable instances of Lamar Odom's involvement in charity:
  • Cathy's Kids Foundation - Lamar Odom was associated with Cathy's Kids Foundation, a charitable organization he founded in 2004. The foundation aimed to raise money to help underprivileged children through various initiatives, including providing financial assistance for education and healthcare. However, there were later reports raising questions about the allocation of funds, leading to some controversy.
  • Community Outreach - Throughout his career, Lamar Odom has been known to participate in various community outreach programs. This includes visiting schools, engaging with young people, and using his influence to inspire and support disadvantaged communities.
  • Philanthropy Beyond Basketball - Odom's philanthropic efforts extend beyond his basketball career. He has been involved in initiatives focused on health and wellness, particularly in the context of his personal struggles and recovery. Odom has openly discussed his battles with addiction and has used his experiences to raise awareness about the importance of mental health.
  • Public Advocacy - Lamar Odom has, at times, used his platform to advocate for social causes. This includes speaking out on issues related to racial injustice and inequality. His public voice has contributed to discussions on societal challenges, bringing attention to important causes.

Hobbies & Interests

Lamar Odom has various hobbies and interests that go beyond his basketball career. Here are some aspects of Lamar Odom's hobbies and interests:
  • Basketball - Unsurprisingly, basketball has been a central part of Lamar Odom's life and career. Even after retiring from professional basketball, he may still have an interest in the sport, whether it's watching games, staying involved in basketball communities, or mentoring aspiring athletes.
  • Reality Television - Lamar Odom gained additional fame through his association with reality television, particularly through his marriage to Khloé Kardashian. While this aspect of his life has been both a source of public scrutiny and support, it reflects an interest in the entertainment industry.
  • Health and Wellness - Following well-documented personal challenges, including struggles with substance abuse, Lamar Odom has shown an interest in health and wellness. This may include maintaining a healthy lifestyle, engaging in physical fitness activities, and possibly advocating for mental health awareness.
  • Entrepreneurship - Odom has explored entrepreneurial ventures, which could indicate an interest in business and investment. This might involve activities beyond his sports and entertainment career, such as starting businesses or investing in various projects.
  • Family and Relationships - Lamar Odom has been open about the importance of family in his life. Spending time with family and maintaining relationships may be a significant interest for him, especially given the public nature of some aspects of his personal life.
  • Advocacy and Philanthropy - Odom has used his experiences to raise awareness about mental health and addiction issues. Engaging in advocacy and philanthropy work appears to be part of his interests, possibly driven by a desire to contribute positively to society.

Interesting Facts About Lamar Odom

Lamar Odom wearing a black suit
Lamar Odom wearing a black suit
  • Before his NBA career, Odom played college basketball for the University of Rhode Island Rams for one season in 1998-1999.
  • In high school, Odom was teammates with future NBA star Ron Artest (Metta World Peace) and had a successful run together at Christ the King Regional High School in Queens.
  • Lamar Odom won the NBA's Sixth Man of the Year award in the 2010-2011 season, recognizing his exceptional performance as a reserve player for the Los Angeles Lakers.
  • Beyond basketball, Odom briefly pursued a career in music, releasing a rap single titled "Life I Live" in 2013.
  • Lamar Odom's versatility on the court was notable; he is one of only a few players in NBA history to record a triple-double (double-digit points, rebounds, and assists) in points, assists, and rebounds in a single game.
  • Odom appeared on the reality TV show "Dancing with the Stars" in 2019, showcasing his dance moves and engaging with a different kind of competition.
  • Known for his philanthropic efforts, Odom participated in the "League of Stars" charity basketball game in 2011, raising funds for various charitable causes.
  • Lamar Odom's marriage to Khloé Kardashian in 2009 was featured in their own reality TV show, "Khloé & Lamar," which aired for two seasons.
  • In 2011, Odom was traded to the Dallas Mavericks, but the stint with the team was short-lived, and he returned to the Los Angeles Clippers the following year.
  • Odom played briefly for Spanish basketball team Laboral Kutxa Baskonia in 2014, showcasing his skills in international competition.
  • Lamar Odom's autobiography, "Darkness to Light," published in 2019, provides a candid and in-depth look into his life, including struggles with addiction and recovery.
  • Odom wore the jersey number 7 for most of his NBA career, except during his time with the Miami Heat, where he wore the number 8.
  • Lamar Odom made a cameo appearance in the 1997 film "Space Jam," starring Michael Jordan and the Looney Tunes characters.
  • Despite facing challenges off the court, Lamar Odom's resilience and determination have positioned him as a motivational speaker, sharing his experiences with audiences on topics such as overcoming adversity and mental health.

Lamar Odom Net Worth - FAQs

How Did Lamar Odom Make His Money?

Lamar Odom earned a significant portion of his income through his successful career as a professional basketball player in the NBA. Additionally, he ventured into reality television, endorsements, and entrepreneurial pursuits, contributing to his overall financial portfolio.

What Are Lamar Odom's Business Ventures?

Lamar Odom has been involved in various business ventures, including endorsements and entrepreneurial pursuits. While specific details may vary, he has explored opportunities beyond his basketball career, showcasing a diversified approach to income generation.

Is Lamar Odom Still Involved In Philanthropy?

Lamar Odom has been associated with charitable efforts, notably through the Cathy's Kids Foundation. However, there were controversies surrounding the foundation's practices. It's advisable to check recent sources for updated information on Lamar Odom's current involvement in philanthropy.

Conclusion

In conclusion, Lamar Odom's net worth reflects a multifaceted journey that extends far beyond the basketball courts where he first gained prominence. From his early days as a talented college player to his successful NBA career, Odom navigated the highs and lows of professional sports. His venture into the realm of reality television, marked by the show "Khloé & Lamar," showcased a different facet of his life, further contributing to his public profile.
While controversies and personal challenges have added layers to Lamar Odom's narrative, his resilience and determination shine through. The transition from the NBA to entrepreneurship and other ventures demonstrates a strategic approach to sustaining financial success. The release of his autobiography, "Darkness to Light," not only provides insights into his struggles but also positions him as a figure who uses his experiences to inspire and raise awareness about mental health.
Despite the complexities of his personal and professional life, Lamar Odom remains an influential figure in the public eye. Whether engaging in philanthropy, making business moves, or sharing his story with the world, he continues to leave an indelible mark on the intersection of sports, entertainment, and personal growth. As we observe the ongoing chapters of Lamar Odom's life, his net worth serves as a numeric reflection of a journey characterized by resilience, reinvention, and the pursuit of success beyond the basketball court.
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Emily Sanchez

Emily Sanchez

Author
James Pierce

James Pierce

Reviewer
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