Precious Achiuwa Net Worth

Precious Achiuwa is a 24-year-old Nigerian basketball player who is playing for the Toronto Raptors in the National Basketball Association (NBA). Ever since his young age, he has been extremely athletic and talented, and he was among the best players for his college team, the Memphis Tigers.

He became the conference player of the year in the American Athletic Conference as a freshman, propelling him to the NBA draft as one of the most promising players.

In the 2020 NBA draft, the Miami Heat selected him as the 20th overall draft pick, starting his NBA career. Due to his talent, athleticism, and ability to win matches on his own, his popularity soared through the roof.

So, if you are also a fan of the player and want to know more about his finances, earnings, salary cap, and net worth, then let’s delve into it.

Precious Achiuwa’s net worth, salary and endorsements

As of 2023, Achiuwa’s estimated net worth is approximately $6 million. His primary source of income is particularly from his basketball career, which he is currently earning from his franchise team, the Toronto Raptors.

According to the financial reports, his base salary for the upcoming 23/24 season is $4,379,527 while carrying a salary cap hit of the same amount. The amount is a drastic increase from his previous contract, which was worth $2,840,162 in the 2022–23 season, which shows how important a team player he has become for the Raptors.

Precious Achiuwa’s net worth (Credit: Instagram)

21/22 was the season he transferred from the Miami Heat to the Toronto Raptors in a sign-and-trade deal that included himself and another player, Goran Dragic, for the very talented Kyle Lowry. In his first season with the Raptors, he made his debut against the Washington Wizards.

Despite the loss, he played a very impressive match with six points, seven rebounds, two assists, and a steal while only playing approximately 20 minutes of play. Before moving to the Raptors, he was drafted by the Miami Heat in 2021 as the 20th overall pick.

He signed his rookie contract with the Miami Heat, which was worth $2,582,160. Fast forward approximately three years; he has doubled his contract and salary, and judging by his talent, if he does not suffer an injury, the trend will continue in the future.

Besides earning from his basketball career, he has a few more additional sources of income, such as endorsements. The basketball star has signed two endorsement deals with the seasoning brand Chipotle and the clothing or apparel brand Anita.

Although he has not revealed how much he got paid from these two endorsement deals, we can easily presume that the amount must be significant. Moreover, he has also started a few businesses in the local area, but they are in the initial stages, so there isn’t much information available on whether they have been profitable or if he is incurring losses.

Precious Achiuwa’s assets, expenses, and investments

Achiuwa has established himself as a very talented and rich basketball player who has been in the news and making money from his fantastic performances. Hence, he has spent some of this wealth on properties and assets like real estate, cars, planes, and other luxury items.

According to reliable reports, he has very impressive and expensive real estate portfolios. He currently has a place of residence in his hometown of Toronto, Canada, Nigeria, and also in different states of the USA like Los Angeles, New York, and Miami.

However, he has not revealed how much he has paid for these real estate properties, but even an average penthouse in the USA, Canada, and Toronto is quite expensive. He is not too keen on revealing much about his financial condition and, most importantly, all the property he currently owns.

Apart from his spending on real estate properties, he has also maintained a fair share of expenses on his car collections. Furthermore, he has collected some of the expensive and vintage cars still in his garage.

According to reports, he owns several branded cars, like a Ford and a Toyota, and one of the most expensive cars, a Range Rover, which in today’s market costs over $200,000.

Apart from spending his hard-earned income on acquiring real estate and expensive cars, he has also invested in profitable businesses and philanthropy. He is notably silent on these aspects of his financial spending, as he doesn’t want the media to learn about his investments and the charitable work he likes to do.

Precious Achiuwa’s early life, parents, siblings, and relationships

Precious was born on September 19, 1999, in Port Harcourt, Nigeria. His father’s name is Donatus Achiuwa, and his mother’s is Eunice Achiuwa. He has not revealed much about his parents or what they did for a living.

Regarding siblings, he has four brothers and sisters whose names are Promise Achiuwa, Peace Achiuwa, Grace Achiuwa, and God’s Gift Achiuwa. When he was younger, he was particularly interested in playing games and sports and was exceptionally talented in soccer.

He moved to the USA in eighth grade, where he found out basketball was more popular, so he started playing for the school team. He went to Savior Lutheran School in Centereach, where he played basketball in the senior bracket for two years.

He then attended St. Benedict’s Preparatory School in Newark, where he continued his basketball development as he became a young, aspiring player to look out for.

After completing his junior year, he went to Montverde Florida Academy, where he impressed everyone with 14 points and 7.2 rebounds. This was a major factor in his involvement in the college basketball team and later being selected for the NBA draft.

Regarding his relationship, he is currently single and is not dating anyone. He has not been engaged or married and has not had any children to date.

Conclusion

Hence, Achiuwa is a highly talented basketball player making his name for the Toronto Raptors after moving from the Miami Heat. His net worth, name, and fame have been increasing gradually over the years, which directly correlates with his impressive seasons.