Former NBA player Damon Stoudamire has a net worth of $30 million, primarily built during his 13-year basketball career where he earned nearly $100 million in salary alone.
Damon Stoudamire is a former American professional basketball player whose net worth stands at $30 million. During his time in the NBA, he accumulated around $100 million in earnings from his salary. Nicknamed 'Mighty Mouse' for his diminutive stature and aggressive, speedy style, Stoudamire made an instant impression in the NBA after being chosen seventh overall in the 1995 Draft by the newly formed Toronto Raptors. He claimed the NBA Rookie of the Year award and swiftly proved himself as a dynamic scorer and playmaker, guiding offenses despite standing at just 5 feet 10 inches. Over his 13-year NBA career, Stoudamire represented the Raptors, Portland Trail Blazers, Memphis Grizzlies, and San Antonio Spurs, earning respect for his resilience, leadership, and offensive ingenuity. Following his retirement from playing, he shifted into coaching, gradually advancing through college and professional ranks to become a prominent head coach. His evolution from an undersized star to an NBA champion and mentor underscores his tenacity and deep basketball knowledge. Before joining the NBA, Stoudamire attended Woodrow Wilson High School in Portland, where he distinguished himself as one of the nation's top point guards. He continued his basketball journey at the University of Arizona under legendary coach Lute Olson. There, he transformed into an elite floor general, earning All-American recognition and propelling his team deep into the NCAA Tournament. Selected seventh overall by the Toronto Raptors in the 1995 NBA Draft, Stoudamire made an immediate impact, averaging over 19 points and 9 assists per game in his rookie season and winning the NBA Rookie of the Year award. In Toronto, he became the face of the franchise, setting multiple records and delivering memorable performances, including a 54-point outing. Despite his personal achievements, the team faced challenges in consistent competitiveness, 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, where he contributed veteran leadership and experience before concluding his NBA playing days in 2008. Following retirement, he entered coaching, starting as an assistant coach at the University of Memphis. He later served as an assistant with the Memphis Grizzlies and other programs, gaining valuable experience across college and professional settings. In 2016, he took the helm as head coach at Pacific University, where he worked diligently to rebuild the program and instill a competitive mindset. His achievements at Pacific opened doors to further opportunities, including high-profile assistant coaching positions. Stoudamire eventually returned to his alma mater, the University of Arizona, as head coach, marking a pivotal moment in his post-playing career. His coaching philosophy centers on discipline, player growth, and a nuanced grasp of guard play, mirroring his own playing experiences. Throughout his NBA tenure, Damon Stoudamire earned approximately $99.67 million in salary. That sum reflects his 14 seasons in the league and highlights his sustained value beyond his rookie breakthrough with Toronto. Stoudamire began his NBA journey under a standard rookie contract after being selected seventh overall by the Toronto Raptors in 1995. He made $1.345 million 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 collected before the major salary increases of the late 1990s and 2000s. His financial peak arrived following his move 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 to 2003-04. In 2004-05, Portland paid him $12.5 million. This Portland period represented the most financially rewarding phase of his playing career and accounted for the bulk of his lifetime NBA income. After leaving the Blazers, Stoudamire signed with the Memphis Grizzlies, earning $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. Altogether, his documented NBA earnings total $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 total for a 5-foot-10 point guard renowned for speed, toughness, and skill rather than stature. © 2026 Celebrity Net Worth / All Rights Reserved