Iman Shumpert Net Worth (2024)

What is Iman Shumpert's Net Worth and Salary?

Iman Shumpert is an American professional basketball player who has a net worth of $16 million. Iman Shumpert began his NBA career in 2011 with the New York Knicks. He went on to play for the Cleveland Cavaliers, the Sacramento Kings, the Houston Rockets, and the Brooklyn Nets. During his career, which lasted from 2011 to 2021, Iman earned a total of $48 million in NBA salary.

Early Life

Iman Asante Shumpert was born on June 26th of 1990 in Berwyn, Illinois. During his high school years, Shumpert played on the same basketball team as Evan Turner. As a teen, Iman became a first team all-state player and reached three conference titles. He then made it into the top 15 of all ranked senior players in the nation. While in high school, Iman also displayed a passion for Spoken Word poetry.

After graduating, Iman attended Georgia Tech. While playing for the school's basketball team, he became the fourth-leading scorer for the 2008-2009 season. A knee injury caused him to miss six games next season, but he bounced back in the 2010-2011 season to lead his team in scoring, rebounding, and assists. After breaking Georgia Tech's record for steals per game, Shumpert declared himself eligible for the NBA draft in 2011.

Career

Shumpert began his NBA career with the New York Knicks but suffered a number of knee injuries early on and missed the rest of his first season. In 2013, he returned to practices, only to suffer another shoulder injury in 2014 that ruled him out for three weeks. Iman was then traded to the Cleveland Cavaliers in 2015 and started strong with his new team, helping them reach the 2015 NBA Finals later that year.

After signing a $40-million contract extension with the Cavaliers, Iman suffered another injury – this time it was his wrist. Later that season, he was ruled out after having his left knee drained. By the 2016-2017, coach Tyronn Lue started using Shumpert as a backup point guard. In 2017, he scored 18 points against the Detroit Pistons – a career best. However, he ended 2017 with yet another injury to his left knee that ruled him out for six to eight weeks.

Throughout the next few years, Shumpert played for teams such as the Sacramento Kings, the Houston Rockets, and the Brooklyn Nets. After Wilson Chandler's suspension expired, Iman was waived by the Nets in 2019.

Real Estate

After signing a $40-million contract with the Cleveland Cavaliers in 2015, Shumpert laid down roots in Atlanta. Observers assumed that this was an off-season residence. Spanning almost 7,000 square feet, Shumpert's Atlanta home features six bedrooms, a wooded backyard, and a large deck. There's also a spiral staircase, a lofted library, a double-sided fireplace, and a jetted tub.

In 2018, Iman purchased a home in River Forest, Oak Park for his parents. The $880,000-square-foot home spans 4,400 square feet and features five bedrooms. In 2020, it was reported that Shumpert had listed his home in Studio City for $3.695 million. He originally purchased the residence in 2018 for $3 million. The home features Italian tile floors, custom lighting, and smart home features. With a square footage of about 5,700, there is plenty of space for features like a chandelier-topped dining area. Outside, there is a swimming pool, a waterfall, and a custom doghouse. He ultimately accepted $4 million for the property in June 2022.

Teyana Taylor Marriage & Divorce

Iman married model/actor/singer Teyana Taylor in 2016. They welcomed daughters Junie and Rue on December 16, 2015, and September 6, 2020, respectively; both children were born at home, and Iman delivered them. In 2018, the couple starred on their own VH1 reality show, "Teyana and Iman."

In January 2023 Teyana quietly filed for divorce from Iman. Interestingly, their divorce remained unknown publicly until November 2023.

In a June 2024 court filing, Iman requested an adjustment in his child support payments because, according to his filings, Teyana actually makes roughly twice as much money as he does per month. At the time, Iman was paying $8,000 per month in child support. His filing alleged that he averages around $48,000 per month in income, while she makes around $94,000. In the immediate wake of their divorce, Teyana claimed Iman withdrew $4 million from their shared accounts and left her responsible for $200,000 worth of home repairs.