Damon Stoudamire, a retired NBA player, has a net worth of $30 million, primarily earned through his 13-season career as a point guard and subsequent coaching roles.
Damon Stoudamire is a former American professional basketball player whose net worth stands at $30 million. Throughout his NBA career, he accumulated nearly $100 million solely from his salary. Known as "Mighty Mouse" for his compact frame and aggressive, fast-paced playing approach, Stoudamire made an instant impression in the NBA after being chosen seventh overall in the 1995 Draft by the expansion Toronto Raptors. He claimed the NBA Rookie of the Year award and swiftly distinguished himself as a dominant scorer and playmaker, despite standing only 5 feet 10 inches tall. Over 13 seasons in the league, he represented the Raptors, Portland Trail Blazers, Memphis Grizzlies, and San Antonio Spurs, earning acclaim for his resilience, leadership, and inventive offensive play. After retiring from playing, he shifted into coaching, steadily advancing through college and professional teams to become a respected head coach. His progression from a diminutive standout to an NBA star and coach underscores his perseverance and deep basketball IQ. Stoudamire attended Woodrow Wilson High School in Portland, where he established himself as one of the nation's top point guards. He later played college basketball at the University of Arizona under coach Lute Olson. At Arizona, he honed his skills as a floor general, receiving All-American recognition and steering the team to deep NCAA Tournament runs. In the 1995 NBA Draft, Stoudamire was selected seventh overall by the Toronto Raptors, a new expansion team at the time. He made an immediate impact, posting averages of over 19 points and 9 assists per game as a rookie and capturing the NBA Rookie of the Year award. During his time in Toronto, Stoudamire became the franchise face, setting multiple records and delivering memorable performances, including a 54-point outing. Despite his personal achievements, the team often struggled to remain competitive, leading to his trade to the Portland Trail Blazers in 1998. Later in his career, Stoudamire played for the Memphis Grizzlies and San Antonio Spurs, offering veteran guidance and experience before concluding his NBA playing days in 2008. After retiring as a player, Stoudamire entered coaching, starting as an assistant at the University of Memphis. He later held assistant coaching positions with the Memphis Grizzlies and other programs, gathering experience at both collegiate and professional levels. In 2016, he was named head coach at Pacific University, where he worked to rebuild the program and instill a culture of competition. His achievements there paved the way for further opportunities, including prestigious assistant coaching roles. Stoudamire eventually returned to his alma mater, the University of Arizona, as head coach—a notable milestone in his post-playing career. His coaching philosophy emphasizes discipline, player growth, and a nuanced grasp of guard play, mirroring his own player experiences. Across his NBA tenure, Damon Stoudamire earned roughly $99.67 million in salary. This total reflects his 14 seasons in the league and highlights his sustained value well beyond his standout rookie season with Toronto. Stoudamire began his NBA journey on a standard rookie contract after being selected seventh overall by the Toronto Raptors in 1995. He made $1.345 million as a rookie in 1995-96, $1.547 million in 1996-97, and $1.749 million in 1997-98. These early earnings appear modest by today's standards but were common before the salary surge of the late 1990s and early 2000s. His financial peak arrived after he was traded to the Portland Trail Blazers. In the shortened 1998-99 season, he earned $9 million, followed by salaries of $10.125 million, $11.25 million, and three consecutive seasons at $12.375 million from 2001-02 through 2003-04. In 2004-05, Portland paid him $12.5 million. This stretch in Portland represented the most lucrative period of his playing career and accounted for the bulk of his lifetime NBA earnings. After departing the Blazers, Stoudamire joined the Memphis Grizzlies, where he earned $3.75 million in 2005-06, $4.05 million in 2006-07, and $4.35 million in 2007-08. Late in the 2007-08 season, he also received $556,438 from the San Antonio Spurs. His final listed NBA salary came in 2008-09, when Memphis paid him $2.325 million. All told, his recorded NBA salary sums to $99,672,198, though some sources suggest the figure may be slightly incomplete. Even so, Damon Stoudamire clearly earned close to $100 million during his playing career—an impressive haul for a 5-foot-10 point guard renowned for speed, toughness, and skill over size. © 2026 Celebrity Net Worth / All Rights Reserved