Pat Connaughton, a professional basketball player and real estate entrepreneur, has an estimated net worth of $15 million and an annual salary of approximately $9.4 million in 2024. Known for his athleticism and versatility on the court, Connaughton has supplemented his NBA earnings with savvy real estate investments and partnerships. His dual success in sports and business has made him a unique figure in the NBA and beyond.
Key Takeaways:
- Pat Connaughton’s net worth is estimated at $15 million in 2024.
- Earns approximately $9.4 million annually from his NBA contract and endorsements.
- Plays for the Milwaukee Bucks, contributing as a key role player since 2018.
- Owns a real estate development company, Three Leaf Development, focusing on residential projects.
- Won an NBA Championship in 2021 with the Milwaukee Bucks.
- Multisport athlete with a collegiate baseball career before pursuing the NBA.
Pat Connaughton Early Life and Athletic Background
Born on January 6, 1993, in Arlington, Massachusetts, Pat Connaughton displayed remarkable versatility as an athlete from a young age. Excelling in both basketball and baseball, he became a standout at St. John’s Preparatory School before attending Notre Dame, where he played for both the university’s basketball and baseball teams.
Connaughton was drafted by the Baltimore Orioles in the fourth round of the MLB Draft in 2014 but chose instead to focus on his basketball career a decision that set him on a path to the NBA.
NBA Career Highlights
Connaughton was selected 41st overall in the 2015 NBA Draft by the Brooklyn Nets and subsequently traded to the Portland Trail Blazers. During his three seasons with Portland, he developed a reputation as a reliable bench player, known for his high-energy defensive plays and three-point shooting.
His career reached new heights after joining the Milwaukee Bucks in 2018. Connaughton played a crucial role in the Bucks’ 2021 NBA Championship win, contributing timely scoring and hustle plays, particularly in the playoffs. His versatility has made him an invaluable piece for the Bucks, capable of competing as both a shooting guard and small forward.
Current Contract and Earnings
Connaughton signed a three-year, $28.5 million contract extension with the Milwaukee Bucks in 2022, solidifying his place on the team. His estimated annual salary is $9.4 million, and he is one of the league’s most dependable role players, known for bringing consistency off the bench.
Business of Real Estate
Three Leaf Development
Beyond basketball, Connaughton has established himself as an astute businessman through his company, Three Leaf Development, a real estate firm focused on revitalizing residential properties. His approach emphasizes sustainable and community-focused projects, primarily in his hometown of Arlington and the surrounding Boston area.
Through this venture, Connaughton has developed several multi-family housing projects. His hands-on involvement, from design to construction, reflects his entrepreneurial mindset. The business had an approximate valuation of $7 million as of 2024, further contributing to his wealth.
Endorsements
Connaughton’s work ethic and likable personality have earned him several endorsement deals with brands such as Wilson Basketball and Under Armour. While not as heavily marketed as some of his peers, these partnerships add an estimated $500,000 annually to his income, bolstering his overall net worth.
Financial Breakdown
Pat Connaughton’s estimated net worth of $15 million comes from a combination of his professional basketball salary, real estate investments, and endorsement deals.
- NBA Salary: $9.4 million annually
- Real Estate Revenue: Estimated $2 million to $3 million annually
- Endorsements: Approximately $500,000 annually
- Net Worth (2024): $15 million
Recent News and Achievements
Continued Impact with the Bucks
Heading into the 2024 NBA season, Connaughton remains a key rotational player for the Bucks, contributing as both a defensive asset and a consistent shooter. The team’s success in the Eastern Conference Playoffs has kept him in the spotlight, earning praise for his reliability in high-pressure moments.
Expanding Business Ventures
Connaughton’s company, Three Leaf Development, is preparing to launch a series of luxury apartment complexes in the Boston area aimed at young professionals. The project, valued at $15 million, represents the largest undertaking by his real estate firm to date.
Off-Court Influence
Connaughton continues to inspire others through his youth mentorship programs, offering guidance to young athletes balancing academics and sports. His community involvement, combined with his entrepreneurial efforts, showcases his commitment to making a lasting impact beyond the court.
Legacy and Future Prospects
Pat Connaughton’s story is one of determination, versatility, and forward-thinking. His ability to excel in both professional sports and business sets him apart from many of his peers. With his real estate ventures continuing to grow and his role with the Milwaukee Bucks firmly established, Connaughton’s financial and professional trajectory appears as dependable as his corner three-pointer.
Looking ahead, his dual success in basketball and real estate positions him as not just an athlete, but a model for future generations seeking to leverage their platform toward long-lasting success.