Chandler Parsons Net Worth, Source of Income, and Bio
Chandler Parsons is a 34-year-old American professional basketball player born in Casselberry, Florida, on October 25, 1998.
He’s a 6’10” small basketball forward who began his college basketball career at Lake Lowell High School before being drafted by the Houston Rockets in the NBA in 2011 to play professional basketball.
He is one of the highest-paid basketball players in the world and has achieved immense financial success during his career.
We will further explore Chandler Parsons’ net worth, income sources, career, contracts, and retirement circumstances.
Profile Summary
- Name: Chandler Parsons
- Date of birth: October 25, 1988
- Place of birth: Casselberry, Florida
- Nationality: American
- Profession: basketball player (retired) and entrepreneur
- Net worth:$60million
Early life and education
Chandler Parsons was born on October 25, 1988, in Casselberry, Florida, to his parents, Terri and Gary Parsons.
Chandler Parsons grew up in Florida and attended Lake Howell High School in Winter Park, Florida, where he started his college basketball career.
Chandler played at Howell High School for three years, leading his team to emerge as winners of the Florida Class 5A state basketball championship.
After completing his high school education, Chandler got an athletic scholarship to attend the University of Florida in Gainesville, Florida.
He played for Coach Billy Donovan’s Florida Gators men’s basketball team from 2007 to 2011, where he was named SEC (state selection) player of the year during the final season at the University of Florida.
After scoring 30 points and grabbing ten rebounds as the team leader, Chandler was also named the first-team All-SEC (all-state selection) and an AP honorable mention All-American.
In 2011, Chandler Parsons graduated from the University of Florida with a degree in telecommunication.
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Career
Chandler Parsons began his career as a small forward basketball player at Lake Howell High School in Winter Park, Florida, where he played college basketball and led his team to winning the Florida Class 5A state championship in the early 2000s.
He advanced his career journey to the University of Florida, where he played college basketball under coach Billy Donovan’s Florida Gators men’s basketball team from 2007 to 2011.
His years of playing at the University of Florida earned him more experience and gave him a hedge over others.
After tactfully scoring 30 points and grabbing ten rebounds in a game, he was named the SEC Player of the Year and also the All-SEC and AP honorable mention All-American during the final season at the University of Florida.
Chandler Parsons technically began his professional career in France with the team Cholet during the 2011 NBA lockout, and he played three games with them.
He began his NBA journey in 2011 when he was drafted as the 38th overall pick by the Houston Rockets in the second round of the draft. He signed with the Rockets on December 18, 2011.
In the Rockets season finale in 2012, Parsons scored a season-high 23 points against the Maimi and was named to the NBA All-Rookie Second Team in 2012.
He continues to set new career highs, beating the previous set records in the NBA. In his last session with the Houston Rockets, Chandler set a new record of 3s in a half in the NBA and a franchise record for 3s in the game.
On July 10, 2014, he was awarded a three-year, $46 million contract from the Dallas Mavericks. The Rockets failed to match up with such a great offer, and so Chandler signed with the Mavericks on July 15 of that same year.
After successfully playing with the Mavericks for two seasons, on March 15th, Chandler underwent a successful surgery on his right knee to address the torn meniscus in it after several unsuccessful ones, which ruled him completely out of the season.
In 2016, Chandler signed a new contract with the Memphis Grizzlies. He played with the team for three seasons and was paid an annual salary of $28 million.
Chandler Parsons made his final NBA session with the Atlanta Hawks in the 2019/2020 session, with a salary of $30 million.
In January 2020, Chandler Parsons was involved in a ghastly road accident when he was struck in his Rolls-Royce by an alleged drunk truck driver.
The accident left him with serious injuries, including brain damage, disc herniation, and a torn labrum, which brought his career journey to an abrupt end.
His fans were still hopeful about Chandler bouncing back to the NBA, but unfortunately, two years after the accident, he officially announced his retirement through a telegram post in 2022.
However, Chandler Parsons reached a settlement in his lawsuit against the drunk truck driver for a substantial amount following the 2020 car crash.
Source of income
Chandler Parsons earns a substantial amount—millions of dollars annually—from his basketball career and endorsements as one of the highest-paid basketball players in the world.
Chandler also earns from brand advertising and sponsorship deals, which earn him millions of dollars annually.
Chandler has also made a series of investments in real estate and properties. In 2017, he purchased a luxurious $10.9 million mansion in Bel Air, California, which was later sold in 2019 for $12.35 million.
His salary, endorsements, and real estate investments are Chandler’s sources of income.
Relationship
Chandler Parsons grew up in Casselberry and was raised with his three brothers. He is engaged to Haylee Harrison, whom he announced in November 2020. Their union was blessed with a child who was born in 2021.
Chandler Parsons also engages in philanthropic activities and numerous charity work, including “Op Dunks for Donation” for Sustainable Surf, an organization committed to protecting the oceans and ecosystem.
Chandler Parsons Net Worth
Chandler Parsons’ net worth is estimated to be $60 million from his various income sources. He earns a substantial amount from his salary as a basketball player, purchasing luxurious cars and houses.
His investment in real estate and properties is also a major contributor to his substantial wealth.
He also earns from brand endorsements from various enterprises, including shoe brands, and sponsorships, which fetch him an annual income of about $1 million.
Chandler Parsons has had tremendous success in his career and has amassed a wealth of millions of dollars.
He remains a notable figure in the world of sports and a source of inspiration to sports fans and enthusiasts.
