HomeBasketballVernon Maxwell's $10k loan to Vincent Askew negatively affects his net worth...

Vernon Maxwell’s $10k loan to Vincent Askew negatively affects his net worth of millions!

Vernon Maxwell has around 23.9k followers on his Instagram where he recently talked about Vincent.

Vernon Maxwell, an American former professional basketball player of the NBA, has recently revealed about lending money to former NBA star Vincent Askew.

The two-time NBA champion took to his social media on Monday, December 2, 2024, and he revealed Vincent Askew borrowed $10,000 from him years ago and hasn’t paid it back yet, which might have affected his net worth.

Similarly, the former Houston Rockets star warned other NBA players not to loan a dime to Vincent Askew even if he shows his problem, as he would not return the money.

In response to the post, many of his fans and followers found it funny that Vernon Maxwell made a video about Vincent Askew, while others appreciated his guts in calling out him publicly, as it will raise awareness among other NBA players.

Many people in the comment section also wondered about the total earnings and net worth of Vernon Maxwell as he loaned a considerable sum of money to Vicent Askew.

Vernon Maxwell has an estimated net worth of around $6 million!

Vernon Maxwell has an estimated net worth of around $6 million from his exceptional NBA career and business ventures.

Beginning his basketball journey at a very young age while attending Buchholz High School, it didn’t take Vernon long to hone his basketball skills when he began his collegiate basketball career at the Univeristy of Florida in 1984.

Furthermore, Maxwell began his professional career with the Denver Nuggets of the NBA on June 28, 1988, but was traded to the San Antonio Spurs the same day.

After two years of experience with the San Antonia Spurs, Vernon joined the Houston Rockets and served his position for over five years, winning several honorable titles, including two NBA championships.

Vernon soon signed up with several renowned NBA teams, including the Orlando Magic, Charlotte Hornets, Sacramento Kings, Seattle Supersonics, and Philadelpohia 76ers. Vernon Maxwell earned $13.19 million over his 13-year NBA career.

Adding other incentives and bonuses from his exceptional NBA career, Vernon Maxwell might have accumulated around $15 million.

However, throughout his career, Vernon Maxwell was involved in several controversies and was fined multiple times, which affected his total earnings.

In addition to his NBA career, Vernon Maxwell has amassed significant earnings from his business ventures.

He hosts the Maxed Out podcast and engages in business inquiries through representatives. Additionally, Maxwell has connections to ventures like Golf and Hoops.

Maxwell has also found a new role as a mental health advocate, which might have increased his net worth.

In case you didn’t know

  • Vernon Maxwell was born on September 12, 1965, in Gainesville, Florida, United States.
  • In April 2004, he spent five days behind bars in Gainesville for failure to pay $150,000 in child support to Myra Jenkins, mother of his son Dominique.
  • Vernon Maxwell retired from his NBA career in 2001 and last played for the Dallas Mavericks.
Suruchi Lohani
Suruchi Lohani
Suruchi is a business management student with a strong passion for writing, particularly when it comes to sports. She loves creating articles and blogs that explore various aspects of the sports world. With a curious mind and a love for both academics and creativity, she constantly seeks to expand her knowledge and share her insights through her writing.
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