Iman Shumpert, an American former professional basketball player, has built an impressive career both on and off the court. As of 2025, his estimated net worth is around $16 million, primarily accumulated through his NBA earnings, real estate investments, and media ventures. Over his ten-year career in the NBA, he earned approximately $48 million in salary while playing for several teams, including the New York Knicks and Cleveland Cavaliers. Despite stepping away from professional basketball, his financial and personal life continues to make headlines.
Early Life and Basketball Journey
Born on June 26, 1990, in Berwyn, Illinois, Iman Asante Shumpert displayed a passion for basketball from an early age. He played high school basketball alongside Evan Turner and became a first-team all-state player, winning three conference titles. His skills on the court earned him a ranking among the top 15 senior players nationwide.
Shumpert attended Georgia Tech, where he quickly made an impact. During the 2008-2009 season, he was the team’s fourth-leading scorer. However, injuries plagued his college career, including a knee injury that sidelined him for part of his sophomore season. In the 2010-2011 season, he bounced back, leading the team in scoring, rebounding, and assists. His defensive skills also stood out as he set a Georgia Tech record for steals per game. Encouraged by his strong performance, he declared for the NBA draft in 2011.
NBA Career and Earnings
Shumpert was selected 17th overall by the New York Knicks in the 2011 NBA Draft. His early career was marked by promising performances but also recurring injuries. After suffering a knee injury in his rookie season, he faced another setback in 2014 with a shoulder injury that kept him out for several weeks. In 2015, he was traded to the Cleveland Cavaliers, where he played a crucial role in their journey to the NBA Finals. His defensive prowess helped the team secure an NBA championship in 2016, a defining moment in his career.
That same year, Shumpert signed a four-year, $40 million contract extension with the Cavaliers. However, injuries continued to hamper his career, including a wrist injury and another knee issue that required fluid drainage. Over the following years, he played for the Sacramento Kings, Houston Rockets, and Brooklyn Nets, eventually being waived by the Nets in 2019.
Real Estate Investments and Business Ventures
After signing his lucrative contract with the Cavaliers, Shumpert invested in real estate. He purchased a nearly 7,000-square-foot home in Atlanta, featuring six bedrooms, a wooded backyard, and a luxurious deck. The home included standout features like a spiral staircase, a lofted library, and a jetted tub, making it a prime off-season residence.
In 2018, he bought a $880,000 home in River Forest, Oak Park, for his parents. Later that year, he acquired a lavish property in Studio City for $3 million. The 5,700-square-foot residence boasted Italian tile floors, smart home features, and a resort-style backyard complete with a swimming pool, waterfall, and a custom doghouse. He later sold this property for $4 million in June 2022, demonstrating his savvy investment skills.
Marriage to Teyana Taylor and Divorce Drama
Shumpert married singer, actress, and model Teyana Taylor in 2016. The couple became a fan-favorite duo, starring in their VH1 reality show Teyana and Iman in 2018. They welcomed two daughters: Junie, born on December 16, 2015, and Rue, born on September 6, 2020. In a touching moment, Shumpert famously delivered both of his children at home.
However, their marriage faced difficulties, leading to Teyana filing for divorce in January 2023. The divorce remained private until it became public in November 2023. Legal disputes followed, including financial disagreements regarding child support and asset division.
Financial Disputes and Child Support Battle
In a June 2024 court filing, Shumpert requested an adjustment in his child support payments, arguing that Taylor earned significantly more than he did. According to court documents, Shumpert was paying $8,000 per month in child support while earning an average of $48,000 per month. Meanwhile, Taylor’s reported monthly income was approximately $94,000. This led him to seek a reassessment of his obligations.
Taylor, on the other hand, accused Shumpert of withdrawing $4 million from their shared accounts following their separation, leaving her to cover $200,000 in home repairs. The financial tug-of-war between the former couple has remained a subject of public interest, drawing widespread media coverage.
Life After Basketball: Music, Acting, and Media Appearances
Since stepping away from the NBA, Shumpert has expanded his presence in the entertainment industry. He has pursued a music career, releasing several rap tracks and participating in various media projects. In 2021, he made history as the first former NBA player to win Dancing with the Stars, further proving his versatility.
His personality and charisma have also led to guest appearances on television shows and podcasts. His presence in music and media suggests that he is not solely reliant on basketball earnings and continues to explore new opportunities.
The Future of Iman Shumpert
Despite facing challenges in his personal life and career, Iman Shumpert remains a well-known figure in sports and entertainment. His ability to transition from the NBA to other ventures highlights his adaptability and entrepreneurial mindset. As he navigates post-basketball life, his business acumen and media presence will likely shape his future endeavors.
With a net worth of $16 million and a growing portfolio in entertainment and real estate, Shumpert continues to make headlines. Whether through his music, television appearances, or investments, he remains an influential figure whose story continues to evolve.