Penny Hardaway Net Worth - NewsNow Nigeria

Posted by Almeda Bohannan on Monday, May 6, 2024

The net worth of Penny Hardaway stands at
$50 Million

Penny Hardaway Wiki Biography

Born on the 18th of July 1971 in Memphis, Tennessee USA, Anfernee Deon ‘Penny’ Hardaway is a former professional basketball player who played as a point guard in the NBA. Standing at a height of 2.01m, he was taller than most point guards and drew comparisons with another super player, Magic Johnson. Penny Hardaway earned the majority of his net worth during his professional basketball career from 1993 to 2007.

Reportedly, the overall size of his wealth is estimated to be $50 million. His earnings during his career are believed to have exceeded $120 million, with his highest salary for one season being $15.75 million, which he received while playing for the New York Knicks in the 2005–2006 season.

Penny Hardaway Net Worth $50 Million

Hardaway spent his early years in Memphis with his grandmother, who called him ‘Pretty,’ which was later corrupted into Penny. Initially interested in football, he switched to basketball due to his grandmother’s concerns over the dangers of football. He excelled in basketball at Treadwell High School, averaging 36.6 points per game, 10.1 rebounds, 3.9 steals, 6.2 assists, and 2.8 blocks. These outstanding results led to his recognition as the National High School player of the year by Parade Magazine. Unfortunately, an incident where he was shot in the foot during a street assault caused a setback in his career. However, he returned to college basketball with the Naismith College team, achieving success and being a contender for numerous awards. He is listed as number five in the top 100 list of college point guards.

In the 1993 NBA draft, he was picked 3rd overall in the first round by the Golden State Warriors, but he started his career with the team of Orlando Magic after being traded for Chris Webber. He spent the most productive years of his career with the Orlando Magic from 1993 to 1999, alongside Shaquille O’Neal. Subsequently, he played for the Phoenix Suns from 1999 to 2004, and then for the New York Knicks from 2004 to 2006 before ending his professional career with the Miami Heat in 2007.

Penny Hardaway represented the USA in the 1996 Atlanta Olympic Games as a member of the ‘Dream Team’ which won the gold medal. Throughout his career, he won numerous awards including NBA Rookie Challenge MVP, NBA All-Rookie First Team, NBA All-Star four times, All-NBA First Team twice, and several others, significantly adding to his net worth. Despite facing injuries that sidelined him for extended periods, he played nearly 800 games in the NBA and at the international level.

Following his retirement, Penny Hardaway has been involved in coaching young players at middle schools and colleges, running his own tutorial program. He is also working on building the FastBreak Courts Sportsplex multi-sports arena, which is expected to create more than 230 job positions. Despite the potential to increase his net worth, Hardaway is primarily focused on promoting sports through these endeavors.

Privately, Penny Hardaway is married to Mary McDonnell, and they have two daughters and a son.



  • Structural Info
  • Trademarks
  • Facts
  • Filmography
Full NamePenny Hardaway
Net Worth$50 Million
Date Of BirthJuly 18, 1971
Place Of BirthMemphis, Tennessee USA
Height6 ft 7 in (2.01 m)
Weight195 lb (88 kg)
ProfessionRetired professional basketball player, NBA Player for New York Knicks (2004-2006), Businessman
EducationTreadwell High School, University of Memphis
NationalityAmerican
SpouseMary McDonnell
ChildrenJayden Hardaway, Latanfernee Hardaway
ParentsFae Hardaway, Eddie Gordon, Fae Hardaway, Eddie Gordon
Twitterhttps://twitter.com/iam1cent
Instagramhttps://www.instagram.com/iam1cent/
IMDBwww.imdb.com/name/nm0362040
Allmusicwww.allmusic.com/artist/penny-hardaway-mn0001248754
AwardsNBA All-Star (1995–1998), NBA Rookie Challenge MVP (1994), Great Midwest Player of the Year (1992, 1993), 1996 US Olympic Games Basketball Team (Gold medal)
NominationsNBA draft: 1993, Golden State Warriors (Round: 1 / Pick: 3), College All-American (1993), Consensus first-team All-American (1993), All-NBA First Team (1995, 1996), All-NBA Third Team (1997), NBA All-Rookie First Team (1994)
MoviesBlue Chips, Blue Chips
TV Shows“This Magic Moment” (2015), “Blue Chips”, “VGX Award Show”
#Trademark
1His goatee
#Fact
1(February 22) Traded to the Orlando Magic for Steve Francis. [2006]
2(1994-) Playing professional basketball for the NBA’s Orlando Magic.
3Playing for the New York Knicks [January 2004]
4(December 12) Waived by the Miami Heat. [2007]
5Playing basketball for the Phoenix Suns of the NBA [1999]
6Got his nickname “Penny” from his maternal grandmother who used to call him “Pretty” when he was younger, because of her thick country accent people thought she was calling him “Penny”. He chose to wear number 1 in the pro’s to honor his grandmother.
7Is a member of Kappa Alpha Psi Fraternity Inc.
8A four time NBA all-star (1995-1998), 2-time all NBA 1st team (1995, 1996, All NBA 3rd team (1997). Paired with Jason Kidd on the Phoenix Suns to create what was dubbed “Backcourt 2000”.
9Owns a $225,000 Lamborghini and four Toyota 4Runners.
10Has been a spokesman for Nike, Sprite, Post Cereals, Hillshire Farms, Sony PlayStation, and UNICEF.
11Has a holiday in Memphis in his honor (July 15)
12Has three tattoos: a bulldog above his left ankle, “Part II, Heaven Cent” on his left bicep, and “The Storm is Over” on right arm.
13Has three children. A daughter (b. 1992), a daughter (b. 2005) and a son (b. 2000).
14A black belt in Taekwondo
15College: Memphis State (Now University of Memphis)
16He played basketball for the USA in 1996 Olympics.

Actor

TitleYearStatusCharacter
Cribs2001TV Series
Blue Chips1994Butch McRae

Producer

TitleYearStatusCharacter
30 for 302016TV Series documentary executive producer – 1 episode

Self

TitleYearStatusCharacter
The Apprentice2005TV SeriesHimself
Spike TV VGA Video Game Awards2003TV Movie documentaryHimself
1998 NBA All-Star Game1998TV SpecialHimself
Figure It Out1997TV SeriesHimself / panelist (1998)
1997 NBA All-Star Game1997TV SpecialHimself
Cosby1996TV SeriesHimself
Late Show with David Letterman1996TV SeriesHimself
1996 NBA All-Star Game1996TV SpecialHimself
1995 NBA All-Star Game1995TV SpecialHimself

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