After 19 NBA seasons, Andre Iguodala announced his retirement on the 20th of October 2023. During his time with the Golden State Warriors, he won four NBA championships and was named MVP of the 2015 NBA Finals.
Iguodala started his basketball career with the Philadelphia 76ers after being selected ninth overall. His finest statistical year was the 2007–08 season, during which he averaged 19.9 points, 5.4 rebounds, 4.8 assists, and 2.1 steals per game. He played for eight seasons.
Andre Iguodala announces retirement from NBA after 19 seasonshttps://t.co/9oEiNM9Ei9
— CBS Sports NBA (@CBSSportsNBA) October 20, 2023
He joined the Warriors in 2013 and contributed to the team’s dynasty, which saw them advance to six Finals in eight years. Before joining the Warriors again in 2022, he also made it to the Finals in Miami. He was a member of the “Death Lineup” team that established an NBA record with 73 victories.
Iguodala made $55.7 million in total throughout his eight seasons with the 76ers. After spending just one season with the Denver Nuggets, he moved on to the Golden State Warriors, where he played for the following six. He was able to increase his wealth by about $100 million over the course of his six seasons with the Warriors and one season with the Nuggets.
— Scott Soshnick (@soshnick) October 20, 2023
He earned $19.7 million by playing for the Miami Heat for two more seasons. A return to the Golden State Warriors for his final two basketball seasons, however, only added $10.3 million. According to Spotrac, Iguodala made $185 million in playing salaries over the course of his 19-year career.
Andre Iguodala’s first-ever NBA contract
Andre Iguodala, a star for the Golden State Warriors, never intended to play basketball professionally. His first-ever contract was for $9 million over four years. “I had no idea I might make it to the NBA,” he tells online investing service Wealthsimple. But he departed early for the NBA draft and was chosen ninth overall after only two years of playing college basketball at the University of Arizona.
4x NBA champion Andre Iguodala calls it a career. Happy retirement champ pic.twitter.com/91aE7Etf0u
— Whistle (@WhistleSports) October 20, 2023
“I wasn’t thinking about all the money, the cars, jewelry. I’d never seen that before, so I wasn’t looking for it,” Iguodala says, adding, “I just enjoyed playing basketball.” Iguodala, then 20 years old, went straight to Niketown and purchased “a whole bunch of pairs of Jordans,” he says. “I spent like two or three grand and it felt like I spent a million dollars. I didn’t know how to spend money.”
The rookie also purchased a few investing books and made certain to surround himself with teammates “who were really smart with their money” in order to form solid habits at a young age, according to the player. He went on to invest in many top ventures off the court and established himself as a name in the outside world.