Lamar Odom is a former NBA player, whose claim to fame came when he married into the first family of reality TV, the Kardashians. Since his divorce from Khloe Kardashian, things have been a little rocky for the former basketballer, but he still currently has a net worth of $12 million.
Remember when Lamar Odom was a Kardashian? The retired NBA player was married to Khloe Kardashian and at one point, the two were very much in love. He starred in the family’s flagship show, Keeping Up With the Kardashians, and he even had his own spin-off reality show with Khloe. But things went downhill after that, and the couple separated. For a long time, Odom was going through a downward spiral with his drug addiction and life-threatening health issues, and his riches took quite a hit, too. As of 2017, his net worth is $12 million, down from the $27.2 million dollar net worth he had in 2012. Here’s a breakdown of Lamar Odom’s net worth and wealth, including how his relationship with Khloe may have affected his financial status.
How Rich is Lamar Odom in 2017?
Lamar Odom was a famous sports personality, long before KUWTK became one of the most popular reality TV series. But the Kardashian name surpassed fame and Odom became known as a reality star too, since appearing with his wife on KUWTK and their spin-off show, Khloe and Lamar. Like Khloe, Odom became a paparazzi favorite and was just as famous as the Kardashians.
As his popularity through the NBA and reality shows grew, his wealth too was on the rise, and he was slated to cross $50 million in net worth. But their divorce, his drug abuse, health scares, and retirement from the NBA has brought down his net worth to $12 million. When Khloe was married to Odom, she had a net worth of $20 million. Now that she’s back from Khloe Kardashian-Odom to Khloe Kardashian, the 32-year-old entrepreneur has a net worth of $15 million.
Besides Khloe, Kim Kardashian was also married to a basketball pro, Kris Humphries for a record 72 days. Humphries is only a little richer than Odom, with a net worth of $18 million. Khloe has now moved on with another basketball star, Tristan Thompson. The promising Cleveland Cavaliers’ Center has a net worth of $8 million.
In comparison to the other men in the Kardashian ladies’ lives, Odom is by no means doing badly. The richest of them all is Kim’s husband, Kanye West, with a whopping $145 million. But Kourtney’s on-and-off beau and father of her kids, Scott Disick is around $16 million rich. Kylie’s boyfriend, Tyga is the lowest with a meager $2 million while Kendall’s rumored boyfriend, A$ap Rocky is $3 million rich. The following table illustrates Odom’s net worth in comparison to the other Kardashian men.
|Lamar Odom’s Net Worth||$12 million|
|Kanye West||$145 million (12 times smaller)|
|Kris Humphries||$18 million (1.5 times smaller)|
|Tristan Thompson||$8 (1.5 times bigger)|
|Scott Disick||$16 million (1.33 times smaller)|
|Tyga||$2 million (6 times bigger)|
|A$ap Rocky||$6 million (2 times bigger)|
How Much Did Lamar Odom Earn Every Year?
Odom’s annual salary before he retired was more than $8 million. He last played for the New York Knicks in the 2013-14 season. His two-year contract then was worth more than a $1 million and guaranteed him $8,000 and an annual salary of more $700,000. Prior to that, he signed a four-year contract with the Lakers that earned him a salary of $8.2 million.
When he began his professional basketball career with the LA Clippers in 1999, his salary then was $2 million, by no means a small amount. His value has increased four times by the 2012-13 NBA season. However, when he was traded off to the Knicks, his salary had reduced ten-fold. His decline is attributed to his 2013 drug abuse and DUI arrest. Odom roughly earned $114 million in his entire career on the court. The following table illustrates his salary and net worth in the last few years of his NBA career.
|2011||$8.2 million||$23.5 million|
|2012||$7 million||$28 million|
|2013||$8 million||$40 million|
How Did Lamar Odom Earn his Wealth?
The 6ft. 10in. giant’s primary source of income was basketball. Any player who has amassed more than $100 million in the league has obviously had a very successful career. However, since getting hitched to Khloe Kardashian, he got a boost in the reality TV world, and he has also earned income from some off-the-court businesses. The 37-year-old has earned over a million dollars from endorsements. But he also earned a pretty penny from appearing on TV with the Kardashian clan.
The following table gives a breakdown of Lamar Odom’s earnings from various sources, including the income from each of the TV series.
|Keeping Up With the Kardashians (KUWTK)||$857,000|
|Kourtney and Khloe Take Miami||$48,000|
Odom’s Reality Boost and Businesses
For most athletes, their personal life takes a backseat to their sports life. Such was the case for Lamar Odom, until he met Khloe. Since then, ‘NBA’s Sixth Man of the Year’ had his public life on display through KUWTK and its spin-off, Kourtney and Khloe Take Miami. Fans loved the couple so much; they then got their own spin-off show, Khloe and Lamar. Even their wedding constituted a special series on KUWTK.
But their television wedded bliss was short-lived. Since Odom became famous for something more than his game, the constant scrutiny wore him down. As his addiction and health problems worsened, Khloe filed for divorce in 2013, which cut off his income source from the Kardashian TV world. 2015 saw his health worsen, as he suffered a near-fatal drug overdose. Khloe put their divorce on hold until he recovered, but refiled in 2016. Their divorce was finalized in December 2016.
Though Odom earned a few extra bucks in endorsements, he was never a super-endorser like other NBA athletes. He didn’t broker many big deals during his career, except for a Super Bowl commercial for Taco Bell. A few other deals ended up with lawsuits slapped on him for falsely advertising products. His spat of drug-related problems didn’t make him a good candidate for many sponsorship deals, either. However, if his current rehabilitation goes as planned, he could restore his image.
Off the court and off reality TV, he ensured an alternative income source through other business ventures. He founded his own music and film production company called Rich Soil Entertainment. He also created the Rich Soil clothing line together with designer, Jonathan Garcia. When Khloe and Odom were together, they launched two fragrances. It’s not known how much he earned through these sources and what happened to the income from their joint fragrance line.
How Does Lamar Odom Spend His Wealth?
Odom wasn’t always in the news for his spending habits, until he broke into the reality TV world. When he was young, his mother passed away from cancer and he was estranged from his drug-addicted father, Joe Odom. They later buried the hatchet after Joe became drug-free. Now, Odom financially supports his father, as well as his two children from a previous relationship.
Khloe was paying $25,000 a month for a home in Calabasas a few blocks from where she lives, so that Odom could recover there. But after she refiled for divorce, she kicked him out because she couldn’t watch him fall apart again. After she pulled the rug from under his feet, he decided to stay with friends.
Though his net worth has declined, Odom is far from financially strapped. Had he not leased out his $2.9 million home in Miami, Florida in 2015, Odom would not have been homeless when Khloe kicked him out after the divorce. His current living situation is not known, but reportedly he’s in a much better place. He’s undergoing rehabilitation and getting fit for a rumored NBA comeback. He also drives around in a white Mercedes Benz with a price tag of $60,000. Not too shabby!
|Miami Mansion||$2.9 million|
|Mercedes Benz S65||$60,000|