Malik Monk Net Worth
Malik Monk Net Worth
Before his suspension from the NBA, Malik Monk was a consensus five-star prospect. Unfortunately, he was suspended indefinitely for violating the league’s substance use policy. He eventually signed a minimum salary contract with the Los Angeles Lakers, which will take him through the 2021 season. Despite his suspension, Monk has managed to accumulate a sizeable net worth.
Malik Monk was a consensus five-star prospect
The consensus five-star rankings are not necessarily indicative of where Malik Monk will end up. There are many factors a future star should consider before choosing a college. For example, he must consider business interests, the pros and cons of college basketball, and his future plans after the draft. Although the draft does not depend on college attendance, some schools might look favorably on a player who already has a professional basketball career.
Monk committed to the University of Kentucky on November 18, 2015. He attended East Poinsett County High School in Lepanto, Arkansas, where he averaged 22.8 points per game, 4.6 rebounds, and 2.7 assists per game. As a freshman, he helped lead his school to a 25-8 record. His junior year, he averaged 26.6 points per game. Afterward, he played for the Wings Elite on the Nike EYBL Circuit.
He was suspended indefinitely for violating the NBA’s substance use policy
The NBA suspended Malik Monk indefinitely on Tuesday for violating its substance use policy. The policy requires players to enter into a care or treatment program for any drug violation. Players who do not comply will be suspended until they have completed the program. Monk is suspended without pay.
The NBA did not disclose the specifics of Monk’s violation. He will miss the Hornets’ game against the Knicks on Wednesday night. The suspension will continue until he is in compliance with the substance use program. Monk had been averaging 17.8 points per game since Jan. 24, but his absence from the lineup is a big blow to a team struggling to make the playoffs.
He signed a minimum salary deal with the Los Angeles Lakers in 2021
After signing a minimum salary contract with the Lakers in 2021, Malik Monk has a tough task ahead of him. The Lakers have a limited amount of cap space and can only offer a 120 percent raise off the minimum. But they could sign Monk to a midlevel contract if the right offer comes along. Fortunately for Monk, he’s a trusted role player who can contribute to any team.
Monk had a career year in Sacramento. After being a lottery pick, he set career highs in field-goal percentage and minutes played. In addition to that, he averaged 13.8 points and 3.4 rebounds. But he also has some questions. The Lakers must find a way to retain Monk and keep him happy.
He is single
Malik Monk is a basketball player, who has a net worth of around $3 million. He is single and has not been spotted with a girlfriend. His NBA salary is $10,380,360 for three seasons. According to the most recent financial statements, he has spent at least $247,900 on his house, which is located in Atlanta, Georgia.
Malik Monk’s Net Worth is estimated at about $3 million, and his net worth is growing each day. The NBA player has earned his wealth by playing basketball. He has enjoyed a career that has seen ups and downs. However, he has remained true to himself and strived for greatness. Despite his high net worth, Malik Monk remains very private and has kept his personal life to himself.
He is a three-point shooter
Malik Monk is an underrated three-point shooter who possesses the skills to score on the outside. He is also an excellent finisher at the rim. The former Kentucky standout earned the nickname “God of Dunks” while playing for John Calipari. The two teamed up to win 32 games at Kentucky, where they reached the Elite Eight. Monk was drafted by the Sacramento Kings in the second round of the 2015 NBA Draft.
Prior to his suspension, Monk was on track to become a more well-rounded scorer. He averaged 17 points per game in January, shot 35 percent from three, and had a positive assist-to-turnover ratio. During this stretch, he also scored at least 25 points in three games. With the addition of Anthony Davis, Monk should get more quality looks.
He has a multi-dimensional game
The Lakers pushed the Hornets to trade for Monk in the past few seasons, but the Hornets wouldn’t do so, saying he was part of their future. They also didn’t extend his qualifying offer and didn’t re-sign him, so Monk lost millions of dollars.
Malik Monk has an offensive arsenal. The 6-foot-3 wing can hit spot-up threes, pull up mid-range jumpers, and finish through contact at the rim. In his most recent game against the Miami Heat, he scored 19 points and dished out seven assists. His performance was crucial as Charlotte went on to win the game in overtime. He shot 69 percent (9-13) from downtown.