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Time of India
3 days ago
- Business
- Time of India
Shai Gilgeous-Alexander vs Pascal Siakam net worth: Comparing financial status, contract details and salary of 2025 MVPs
Shai Gilgeous-Alexander vs Pascal Siakam Net Worth: Comparing Financial Status, Contract Details and Salary of 2025 MVPs (Image Source: Getty Images) Two Canadian basketball stars, Shai Gilgeous-Alexander and Pascal Siakam, have drawn major attention with their remarkable 2025 MVP-level performances. Shai's skilful leadership with the Oklahoma City Thunder has quickly placed him among the league's rising stars. At the same time, Pascal's hard work and championship background with the Indiana Pacers showcase his strong presence on the court. Off the court, both players have made smart decisions to grow their wealth. Now, let's have a look at the fortune of the 2025 MVPs. What is Shai Gilgeous-Alexander's net worth in 2025? According to Forbes, as of May 2025, Shai Gilgeous-Alexander is said to possess almost $61.2 million. His NBA paychecks, sponsorships, and shrewd business decisions create this massive fortune. Back in August 2021, he signed a five-year deal with the Oklahoma City Thunder. About $179.3 million this deal was valued; average per year was over $35 million. He is receiving only $35.8 million in salary during the 2024-25 NBA season. The numbers were listed by Spotrac, a trusted site for athlete contracts. Shai Gilgeous-Alexander, nevertheless, makes money not only from basketball. In 2024, he signed a $15 million a year contract with Converse, who also launched his own shoe, the "Shai 001." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why Didn't Anyone Tell You About This Power Saver? elecTrick - Save upto 80% on Power Bill Pre-Order Undo Moreover, representing major brands including Nike, AT&T, and Canada Goose, he has about $18 million a year in endorsements combined. Shai Gilgeous-Alexander was born on July 12, 1998, in Toronto, Canada. Hamilton Heights Christian Academy in Chattanooga saw his high school Basketball play. He then announced for the 2018 NBA Draft after only one season at the University of Kentucky. With the eleventh overall selection, the Charlotte Hornets picked him, but his time there was brief. On draft night, he was sent to the Los Angeles Clippers. Then, a year later, he was sent to the Oklahoma City Thunder, where his performance actually flourished. What is Pascal Siakam's net worth in 2025? Pascal Siakam, who is currently playing for the Indiana Pacers, has also built a strong wealth. By 2025, it was estimated at about $ 45 million based on celebrity network data. By 2023, he signed a four-year deal with the Toronto Raptors, valued at $ 136.9 million. He was traded to the Indiana Pacers in January 2024 and now earns about $ 34.2 million a year with this agreement. Though Shai Gilgeous-Alexander may have more brand sponsorships overall, Pascal Siakam's endorsements are still effective. He has partnered with New Balance and Tangerine Bank among other businesses. His endorsement income is thought to be between $4 million and $5 million annually. Pascal Siakam was born in Douala, Cameroon April 2, 1994. Later moved to New Mexico State University to play Collegiate Basketball. Selected 27th place in the Toronto Raptors in the NBA draft in 2016. By 2020, he had become an NBA All-Star. Pascal Siakam summarized his attitude perfectly after a crucial playoff victory with the Indiana Pacers in May 2025: 'Every year is a fresh opportunity. His remarks show the same passion and work ethic that have allowed him to develop as a person and as a player. I only want to improve.' Though both are stars, Shai Gilgeous-Alexander edges ahead in both salary and brand value, shaping his place as not just an MVP but also a top-earning celebrity in the league. Also Read: Former NBA player says LeBron James should consider retirement: 'He ain't getting no fifth ring unless he buys one'
Fashion Network
5 days ago
- Business
- Fashion Network
Converse – not Nike – takes center stage at NBA finals with Thunder star
Meanwhile, Nike, which owns the Jordan brand, is in an unfamiliar position. The next biggest name in the series is Indiana's Tyrese Haliburton, who has a shoe with Puma SE. However, Nike isn't being completely shut out of the finals. The world's largest sports gear maker acquired Converse in 2003 to bolster its lifestyle business. Since then, Converse has had spurts of success, but growth stalled and revenue has been declining, including an 18% drop in the most recent reported period. It makes up about 4% of Nike's total sales. Nike Chief Executive Officer Elliott Hill, who came out of retirement last year to try to reverse a lengthy sales slump, recognizes the shoe's importance. In February, Hill flew to San Francisco to be alongside SGA to debut the Shai 001 — his new $130 basketball shoes in buttery yellow. 'Footwear is all about endorsers and personalities, to be able to identify product lines, and customers know their products by their names rather than just calling them sneakers,' said Simeon Siegel, an analyst at BMO Capital Markets. 'Converse knows this better than anyone. Go back to what made Converse: the Chuck Taylor.' A representative for Converse didn't respond to a request for comment for this story. Long before Michael Jordan played his first NBA game, Converse's Chuck Taylor sneaker was the most dominant shoe on the court. Nearly all pro basketball players throughout the 1960s wore Converse sneakers — usually Chucks, originally developed for the basketball player-turned-shoe salesman in the 1920s. Magic Johnson and Larry Bird, the top stars of the 80s, wore Converse as they battled for championships. In the NBA, rivals such as Adidas AG and Puma seized market share, then Nike came along with its first Jordans in 1985 and never looked back. The majority of NBA players wear Nikes or Jordans, and it has signature shoes with most of the sport's biggest names: LeBron James, Kevin Durant and Giannis Antetokounmpo. Converse was forgotten. SGA, a 6-foot-6 Canadian guard out of the University of Kentucky, is an unlikely hero for Converse. The Charlotte Hornets picked him 11th in the 2018 NBA Draft and traded him to the Los Angeles Clippers on the same day. After averaging about 11 points per game in his rookie year, the Clippers traded him to the Thunder. The breakout came after SGA arrived in Oklahoma, and Converse finally signed him to a footwear and apparel endorsement deal in 2020 after his second season as a pro. He said at the time that Converse 'not having so many guys and the ability to express myself on and off the court in so many different ways appeals to me so much.' Three All-Star selections and one Most Valuable Player award later, SGA has emerged as one of the league's elite talents. But Converse's timing could've been better. Though SGA began wearing his sneakers midway through the season, they won't be available for shoppers to purchase until this fall. Yet as Converse leans into basketball, Hill and Converse Chief Executive Officer Jared Carver have yet to outline a strategic plan to turn around the brand. It's rarely mentioned on Nike's quarterly calls with investors and analysts. 'Converse as a standalone business is very large,' said Siegel. 'As a piece of Nike, it's felt like an afterthought.'
Fashion Network
5 days ago
- Business
- Fashion Network
Converse – not Nike – takes center stage at NBA finals with Thunder star
Meanwhile, Nike, which owns the Jordan brand, is in an unfamiliar position. The next biggest name in the series is Indiana's Tyrese Haliburton, who has a shoe with Puma SE. However, Nike isn't being completely shut out of the finals. The world's largest sports gear maker acquired Converse in 2003 to bolster its lifestyle business. Since then, Converse has had spurts of success, but growth stalled and revenue has been declining, including an 18% drop in the most recent reported period. It makes up about 4% of Nike's total sales. Nike Chief Executive Officer Elliott Hill, who came out of retirement last year to try to reverse a lengthy sales slump, recognizes the shoe's importance. In February, Hill flew to San Francisco to be alongside SGA to debut the Shai 001 — his new $130 basketball shoes in buttery yellow. 'Footwear is all about endorsers and personalities, to be able to identify product lines, and customers know their products by their names rather than just calling them sneakers,' said Simeon Siegel, an analyst at BMO Capital Markets. 'Converse knows this better than anyone. Go back to what made Converse: the Chuck Taylor.' A representative for Converse didn't respond to a request for comment for this story. Long before Michael Jordan played his first NBA game, Converse's Chuck Taylor sneaker was the most dominant shoe on the court. Nearly all pro basketball players throughout the 1960s wore Converse sneakers — usually Chucks, originally developed for the basketball player-turned-shoe salesman in the 1920s. Magic Johnson and Larry Bird, the top stars of the 80s, wore Converse as they battled for championships. In the NBA, rivals such as Adidas AG and Puma seized market share, then Nike came along with its first Jordans in 1985 and never looked back. The majority of NBA players wear Nikes or Jordans, and it has signature shoes with most of the sport's biggest names: LeBron James, Kevin Durant and Giannis Antetokounmpo. Converse was forgotten. SGA, a 6-foot-6 Canadian guard out of the University of Kentucky, is an unlikely hero for Converse. The Charlotte Hornets picked him 11th in the 2018 NBA Draft and traded him to the Los Angeles Clippers on the same day. After averaging about 11 points per game in his rookie year, the Clippers traded him to the Thunder. The breakout came after SGA arrived in Oklahoma, and Converse finally signed him to a footwear and apparel endorsement deal in 2020 after his second season as a pro. He said at the time that Converse 'not having so many guys and the ability to express myself on and off the court in so many different ways appeals to me so much.' Three All-Star selections and one Most Valuable Player award later, SGA has emerged as one of the league's elite talents. But Converse's timing could've been better. Though SGA began wearing his sneakers midway through the season, they won't be available for shoppers to purchase until this fall. Yet as Converse leans into basketball, Hill and Converse Chief Executive Officer Jared Carver have yet to outline a strategic plan to turn around the brand. It's rarely mentioned on Nike's quarterly calls with investors and analysts. 'Converse as a standalone business is very large,' said Siegel. 'As a piece of Nike, it's felt like an afterthought.'
Edmonton Journal
5 days ago
- Business
- Edmonton Journal
Converse - not Nike - takes centre stage at NBA Finals with Thunder star
Article content However, Nike isn't being completely shut out of the finals. The world's largest sports gear maker acquired Converse in 2003 to bolster its lifestyle business. Since then, Converse has had spurts of success, but growth stalled and revenue has been declining, including an 18% drop in the most recent reported period. It makes up about 4% of Nike's total sales. Nike Chief Executive Officer Elliott Hill, who came out of retirement last year to try to reverse a lengthy sales slump, recognizes the shoe's importance. In February, Hill flew to San Francisco to be alongside SGA to debut the Shai 001 — his new $130 basketball shoes in buttery yellow.
Time of India
29-05-2025
- Business
- Time of India
What is Shai Gilgeous-Alexander's net worth in 2025? Exploring Oklahoma City Thunder MVP's financial empire
What is Shai Gilgeous-Alexander's net worth in 2025? Exploring Oklahoma City Thunder MVP's financial empire (Image Source: Getty Images) From a quiet Canadian teen to the NBA's biggest sensation, Shai Gilgeous-Alexander's journey is pure current. In 2025, he captured the league's MVP title and led the Oklahoma City Thunder with unmatched skill and heart. But behind the games, he is growing an empire, millions in endorsement, a signature shoe and a potential Supermax contract. Shai Gilgeous-Alexander is more than a basketball star; He is a rising mogul. His story is exciting, inspiring and just getting started. The world is watching. Are you ready for what is next? What is Shai Gilgeous-Alexander's net worth in 2025? In May 2025, Shai Gilgeous-Alexander must have an estimated equity of about $61.2 million (per Forbes). This wealth comes mainly from your NBA salary, endorsement agreements and various business companies. In August 2021, Shai Gilgeous-Alexander expanded his contract for another five years with the Oklahoma City Thunder. The contract includes $ 179,299,750 and pays an average annual amount of $ 36 million. For the 2024-25 season, he will earn a basic salary of $ 35,859,950. Shai Gilgeous-Alexander's fortune consists not only of his NBA earnings. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch CFD với công nghệ và tốc độ tốt hơn IC Markets Đăng ký Undo Athletes often wear endorsement products for companies such as Nike, Converse, AT&T and Canada Goose. In 2024, he signed a new agreement with Converse at $15 million annually. It is thought that his yearly endorsement earnings total around $18 million. Shai Gilgeous-Alexander has his own Converse model called 'Shai 001.' He entered this world on July 12, 1998, in Toronto, Ontario. At Hamilton Heights Christian Academy in Chattanooga, Tennessee, he participated in basketball in high school. After playing at the University of Kentucky for a year, he entered the 2018 NBA draft. Charlotte Hornets chose Shai Gilgeous-Alexander 11th place in the draft, but he was shopped to the LA Clippers on draft night. Just one year in Los Angeles was completed, and he was traded to the Oklahoma City Thunder, where he quickly became the main attraction. Shai Gilgeous-Alexander's Road to MVP and Financial Success Shai Gilgeous-Alexander has done extremely well on the path to NBA greatness. Last season, he achieved 30.1 points, 5.5 rebounds, 6.2 assists and 2 steals for each game he played with Oklahoma City. After being in the top five the previous two seasons, he was honored as MVP in May 2025. After being awarded MVP in Oklahoma City, Shai Gilgeous-Alexander said on May 21, 2025, 'There's still a lot more to accomplish.' I constantly want to improve and play my part in getting my team to win.' Daigneault added that Shai does not match anyone in his drive and leadership. He deserves all the achievements he has gained. Shai Gilgeous-Alexander can be given a five-year supermax contract extension when he's eligible in 2025. He could make as much as $295 million over the next four years, according to the new deal, which would put him among the NBA's richest players. Shai Gilgeous-Alexander has proved that strong skills, a lot of hard work and smart dealings can lead to major wealth in sports. Also Read: 5 LeBron James' achievements Los Angeles Lakers star Luka Doncic is yet to achieve Get IPL 2025 match schedules , squads , points table , and live scores for CSK , MI , RCB , KKR , SRH , LSG , DC , GT , PBKS , and RR . Check the latest IPL Orange Cap and Purple Cap standings.
