Steve Francis Net Worth: From NBA Star to Entrepreneurial MogulSteve Francis Net Worth
Steve Francis net worth, it’s estimated to be a whopping $40 million as of 2024. Now let’s explore how the former NBA All-Star built and sustained his fortune through sports, business, and resilience.
Steve Francis Net Worth and Career Earnings
Over his illustrious yet challenging NBA journey,steve francis net worth. He amassed over $103 million in NBA salary alone, with his most lucrative season being 2008–2009, where he earned $17 million—a sum paid by the Portland Trail Blazers following a contract buyout.
Francis’ on-court earnings, endorsements, and off-court ventures all contributed to this impressive figure. His wealth reflects not only athletic success but strategic moves outside the game.
Steve Francis Profile Summary
| Attribute | Details |
| Full Name | Steven D’Shawn Francis |
| Nickname | “Wink” |
| Date of Birth | February 21, 1977 |
| Place of Birth | Takoma Park, Maryland, USA |
| Nationality | American |
| Height | 6 feet 3 inches (1.91 meters) |
| Weight | 210 lbs (95 kg) |
| Profession | Retired Professional Basketball Player, Entrepreneur |
| Position | Point Guard / Shooting Guard |
| College Career | San Jacinto College, Allegany College of Maryland, University of Maryland |
| NBA Draft | 1999, 1st Round, 2nd Overall Pick (by Vancouver Grizzlies) |
| NBA Teams | Houston Rockets, Orlando Magic, New York Knicks, Memphis Grizzlies (waived) |
| International Teams | Beijing Ducks (China) |
| Career Highlights | 3× NBA All-Star (2002–2004), Co-Rookie of the Year (2000) |
| NBA Career Stats | 10,446 points (18.1 ppg), 3,215 rebounds (5.6 rpg), 3,473 assists (6.0 apg) |
| Total NBA Salary | $103 million |
| Peak Season Salary | $17 million (2008–09 with Portland Trail Blazers) |
| Steve Francis net worth | $40 million |
| Business Ventures | We R One clothing, Mazerati Music label, barbershop, construction, boxing |
| Medical Condition | Suffers from Ménière’s disease |
| Philanthropy & Activism | Advocate for African-American causes; supported Barack Obama’s 2008 campaign |
| Real Estate | Sold Houston mansion in 2024 for ~$3.3–$3.8 million |
Early Life: Rising From Adversity
Steven D’Shawn Francis, born on February 21, 1977, in Takoma Park, Maryland, endured one of the most turbulent upbringings among NBA stars. Affectionately nicknamed “Wink,” Francis grew up in a struggling household that shared a cramped apartment with 18 people. With food stamps as a primary source of survival and a father imprisoned for two decades, Francis’ early life was surrounded by instability.
After the tragic loss of his mother to cancer in 1995, Francis temporarily gave up basketball. His grandmother took on a parental role, while his grandfather—a garbage man—became his best friend and mentor. By age 10, Francis was already working for local drug dealers, a reflection of the hardships that shaped his adolescence.
Despite attending six different high schools, Francis only played two official high school basketball games. Yet, through sheer determination, he earned his GED and found his way to collegiate athletics.
College Stardom and National Attention
Francis launched his college career at San Jacinto College (1996–1997) and then Allegany College of Maryland (1997–1998). In an unprecedented achievement, he became the first player ever to lead two unbeaten teams to the NJCAA National Tournament. His legendary quadruple-double against Shawn Marion’s Vincennes University still stands as a feat of athletic brilliance.
In 1998, Francis transferred to the University of Maryland, making an immediate impact. He earned spots on the All-ACC First Team and the All-ACC Tournament Team, leading the Terps to the Sweet 16. Initially promising a return for his senior year, he eventually declared for the 1999 NBA Draft, recognizing the window of opportunity was now.
NBA Draft and Explosive Rookie Season
Selected #2 overall by the Vancouver Grizzlies in the 1999 draft, Francis immediately made headlines by refusing to play for the team, citing reasons including geography, fit, and family concerns. As a result, he was traded to the Houston Rockets in a blockbuster 11-player deal.
His rookie year was sensational. Francis was named NBA Co-Rookie of the Year (alongside Elton Brand) and showcased his athletic prowess by finishing second in the 2000 Slam Dunk Contest. His charisma, flashy crossovers, and powerful drives made him an instant fan favorite.
Prime Years: Houston Rockets and All-Star Status
Francis spent the bulk of his career with the Houston Rockets (1999–2004), where he quickly ascended to star status. From 2002 to 2004, he was selected to three consecutive NBA All-Star Games, a testament to his elite playmaking and scoring ability.
During these years, he averaged 18.1 points, 6 assists, and 5.6 rebounds per game, demonstrating his rare ability to impact every area of the game. Despite not achieving significant playoff success, he was widely respected for his leadership and athleticism.
Career Moves: Trades, Injuries, and a Global Journey
In 2004, Francis was traded to the Orlando Magic as part of a package for Tracy McGrady. While he maintained solid performance levels, team instability and a lack of chemistry curtailed his effectiveness.
By 2006, Francis was traded again, this time to the New York Knicks. Injuries began to mount, and his explosive athleticism started to decline. In 2007, he returned to the Houston Rockets on a $6 million deal but struggled to reclaim his former glory.
Eventually, Francis was traded to the Memphis Grizzlies (the relocated version of his original draft team), but was waived before ever playing a game. In 2010, he made a brief attempt at a comeback with the Beijing Ducks in China, playing only four games before officially stepping away from the sport.
Life Beyond Basketball: Business Ventures and Reinvention
Post-retirement, Francis did not fade from the spotlight. Instead, he channeled his energy into entrepreneurship. His ventures include:
- We R One – A clothing line promoting urban fashion and cultural pride.
- Mazerati Music – A record label exploring hip-hop and local talent.
- Boxing Promotions – Francis stepped into sports management by promoting fights.
- Barbershop Ownership – Supporting community businesses.
- Construction Company – A venture into real estate development.
These business pursuits reflect his commitment to growth beyond the court, and they continue to sustain his financial portfolio to this day.
Health Challenges: Ménière’s Disease
Despite his success, Francis has faced significant health issues. He was diagnosed with Ménière’s disease, an inner-ear condition causing vertigo, hearing loss, and aural fullness. This illness affected both his career and quality of life, making his resilience and recovery efforts even more admirable.
Real Estate and Assets
Francis invested wisely in real estate. In 2019, he listed his 11,000-square-foot mansion in Houston for $5.6 million. After multiple price reductions, it finally sold in June 2024 for an estimated $3.3 to $3.8 million. The home featured luxury amenities, including a home theater, indoor pool, and expansive outdoor space.
🇺🇸 Political Voice and Public Engagement
Francis was an outspoken supporter of Barack Obama’s presidential campaign in 2008. He publicly expressed pride and hope for America’s progress, stating:
“It’s important that there is an African-American candidate running. I never thought I’d see the day that would happen. It’s a great feeling for me.”
His voice, grounded in lived experience and community awareness, has inspired fans beyond basketball.
Steve Francis Net Worth and Legacy
To recap, Steve Francis net worth sits at approximately $40 million today. From a difficult childhood in Maryland to NBA superstardom and beyond, his story is one of grit, reinvention, and long-term financial success.
Here’s a breakdown of key highlights:
| Category | Details |
| Net Worth | $40 million |
| Career NBA Earnings | $103 million |
| Top Salary Year | $17 million (2008–09) |
| NBA Teams | Rockets, Magic, Knicks, Grizzlies |
| All-Star Appearances | 3 (2002–2004) |
| Entrepreneurial Ventures | Music, fashion, real estate, sports |
| Notable Illness | Ménière’s Disease |
| Real Estate Sale | Houston home sold for $3.3–$3.8 million |
Final Thoughts
Steve Francis exemplifies how talent, resilience, and business acumen can shape a life well beyond the basketball court. While he may not be in the spotlight as frequently today, his story continues to inspire athletes and entrepreneurs alike. His journey reminds us that success is not just measured in championships or headlines, but in overcoming adversity and creating lasting value.
FAQs about Steve Francis Net Worth and Life
Q1: What is Steve Francis’ net worth in 2024?
A: Steve Francis has an estimated net worth of $40 million in 2024, primarily earned through his NBA salary, endorsements, and business ventures.
Q2: How much money did Steve Francis make during his NBA career?
A: Over the course of his career, Steve Francis earned around $103 million in salary alone from various NBA teams.
Q3: What teams did Steve Francis play for in the NBA?
A: He played for the Houston Rockets, Orlando Magic, and New York Knicks, and was briefly associated with the Memphis Grizzlies.
Q4: Was Steve Francis ever an NBA All-Star?
A: Yes, he was selected as an NBA All-Star three times, from 2002 to 2004.
Q5: Did Steve Francis play basketball overseas?
A: Yes, he signed with the Beijing Ducks in China in 2010, although he only appeared in four games.
Q6: What businesses does Steve Francis own?
A: He has been involved in clothing (We R One), music (Mazerati Music), a barbershop, boxing promotion, and construction services.
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