Rasheed Wallace Net Worth: Career Earnings, Salary, and Coaching Life
Rasheed Wallace net worth is estimated at $75 million, accumulated through a 19-season NBA career and his work as a basketball coach. Wallace earned over $156 million in salary during his playing days, ranking him among the highest-paid NBA players of his era. His peak single-season salary was $17 million.
| Rasheed Wallace Net Worth | $75 Million |
| Date of Birth | September 17, 1974 |
| Place of Birth | Philadelphia, Pennsylvania |
Early Life
Rasheed Wallace was born on September 17, 1974, in Philadelphia, Pennsylvania. He grew up with two older brothers, Malcolm and Muhammed, and excelled in multiple sports, including basketball, baseball, and track.
- Attended Simon Gratz High School
- Named USA Today High School Player of the Year as a senior
College Career
Wallace attended the University of North Carolina under coach Dean Smith, where he also played football. Highlights include:
- Second-team All-American
- Helped UNC reach the NCAA Final Four
- Declared for the NBA draft after sophomore year
NBA Career
Washington Bullets (1995–1996)
- Selected in the 1995 NBA Draft
- Rookie season averages: 10.1 points, 4.7 rebounds, 3.4 assists
- Named to NBA All-Rookie First Team
Portland Trail Blazers (1996–2004)
- Traded to Portland in 1996
- NBA All-Star in 2000 and 2001
- Scored career-high 42 points vs. Denver Nuggets in 2001
- Set NBA records for technical fouls in consecutive seasons (38, then 40)
Atlanta Hawks (2004)
- Played 1 game, posting 20 points, 6 rebounds, 5 blocks, 2 assists, 1 steal
Detroit Pistons (2004–2009)
- Traded to Pistons in 2004, achieving career peak success
- Won NBA Championship in 2004, defeating the Lakers 4-1
- Signed a five-year, $57 million contract after championship
- Reached Eastern Conference Finals multiple times, including 2005, 2006, 2007, and 2008
Boston Celtics (2009–2010)
- Played two seasons, including an NBA Finals appearance in 2010
- Averaged career-low points and rebounds
- Retired after Celtics buyout in 2010
New York Knicks (2012–2013)
- Came out of retirement in late 2012
- Injured with a broken left foot, played briefly in April 2013
- Announced second retirement shortly after
Career Earnings and Contracts
- Total NBA salary: $156 million+
- Ranked among the top 25 highest-paid NBA players of all time at one point
- Peak single-season salary: $17 million
Coaching Career
After retiring, Wallace moved into coaching:
- Assistant coach, Detroit Pistons (2013–2014)
- Boys varsity coach, Charles E. Jordan High School (2019–2021)
- Assistant coach, University of Memphis (2021–present)
Rasheed Wallace Net Worth
Rasheed Wallace net worth is estimated to be $75 million.