Introduction
Angel Reese, a prominent figure in women’s basketball, has garnered significant attention not only for her on-court prowess but also for her financial acumen. As a professional athlete with the Chicago Sky in the WNBA, Reese’s financial status has been a topic of discussion, especially concerning the accuracy of public net worth estimates.
Early Life and Basketball Career
Born on May 6, 2002, in Randallstown, Maryland, Angel Reese was destined for basketball greatness. Her parents, both former basketball players, provided a strong athletic lineage. Reese’s mother, also named Angel, played at the University of Maryland Baltimore County (UMBC) and professionally overseas, while her father, Michael Reese, had a collegiate and international basketball career. This familial background laid a solid foundation for Reese’s future in the sport.
Reese attended Saint Frances Academy in Baltimore, Maryland, where she earned McDonald’s All-American honors in 2020 and was ranked the number two player in her class by ESPN. She began her collegiate career at the University of Maryland before transferring to Louisiana State University (LSU), where she led the team to a national championship in 2023.
Professional Career and WNBA Earnings
In 2024, Reese was selected seventh overall by the Chicago Sky in the WNBA Draft. As a rookie, she signed a standard contract with an annual salary of approximately $73,439. Reese has openly discussed the financial challenges associated with this salary, revealing that it does not fully cover her living expenses, including an $8,000 monthly rent.
Endorsements and Business Ventures
Beyond her WNBA salary, Reese has established a substantial income through various endorsements and business ventures. She has partnered with notable brands such as Reebok, Beats by Dre, and Reese’s, significantly supplementing her earnings. Additionally, Reese has invested in the women’s soccer team DC Power Football Club and hosts a popular podcast, “Unapologetically Angel,” further diversifying her income streams.
Net Worth Speculations and Clarifications
Public estimates have placed Reese’s net worth at around $2 million. However, during an appearance at ComplexCon in Las Vegas, Reese addressed these figures, stating that the $2 million estimate is “way off.” While she did not disclose specific numbers, Reese emphasized her financial stability, mentioning her ability to pay off her mortgage and support her family.
Financial Challenges in the WNBA
Reese’s situation highlights broader financial challenges within the WNBA, where player salaries are relatively modest compared to their male counterparts in the NBA. The league’s revenue-sharing model and salary structure have been points of contention, with players advocating for better compensation and more equitable revenue distribution.
Conclusion
Angel Reese exemplifies a modern athlete who leverages her platform to build a diverse financial portfolio beyond her professional sports salary. While public estimates of her net worth may be speculative, Reese’s strategic endorsements and business ventures underscore her financial acumen and commitment to supporting women’s sports.
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