{"id":157660,"date":"2026-07-24T13:35:08","date_gmt":"2026-07-24T16:35:08","guid":{"rendered":"https:\/\/ubirataonline.com.br\/despite-a-156-million-contract-knicks-star-jalen-brunson-calls-his-parents-for-financial-advice\/"},"modified":"2026-07-24T13:35:09","modified_gmt":"2026-07-24T16:35:09","slug":"despite-a-156-million-contract-knicks-star-jalen-brunson-calls-his-parents-for-financial-advice","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/despite-a-156-million-contract-knicks-star-jalen-brunson-calls-his-parents-for-financial-advice\/","title":{"rendered":"Despite a $156 million contract, Knicks star Jalen Brunson calls his parents for financial advice"},"content":{"rendered":"

<\/p>\n

When it comes to making decisions about multimillion-dollar assets, you\u2019d assume ultra-wealthy stars rely on financial advisors or even their rich peers for money advice. But actually Knicks captain Jalen Brunson turns to his family<\/a> for financial guidance\u2014and so do Reese Witherspoon<\/a> and Queen Latifah<\/a>.<\/p>\n

\n

\u201cEven to this day\u2014I know it\u2019s crazy\u2014if I feel like I\u2019m making a big purchase, I\u2019m gonna call my parents,\u201d Brunson recently told the WSJ<\/em><\/a>.<\/em> \u201cI was like, \u2018What do you think about this?\u201d<\/p>\n

Despite earning millions and being a \u201cgrown\u201d man, Brunson said he isn\u2019t above asking his parents for a second opinion. \u201cI just want to make sure I\u2019m doing the right thing,\u201d he added.<\/p>\n

He was one of the top 50 highest-paid athletes in the NBA, according to<\/a> ESPN<\/em>, earning a salary of around $34,944,001 for the 2025-2026 season alone. But even stars with flush bank accounts still need trusted financial sounding boards. His father, an NBA veteran with nine seasons under his belt, and mother, a non-profit CFO and seasoned litigation consultant, have decades of financial wisdom to share. And their advice will come in handy as Brunson grows his financial empire beyond brand partnerships and NBA contracts.\u00a0<\/p>\n

\u201cI still give myself those checks, to make sure I\u2019m doing everything right, because it\u2019s important for me to have this for as obviously as long as I can, and for my future generations,\u201d Brunson continued.\u00a0<\/p>\n

Brunson\u2019s financial portfolio: $156 million Knicks contract, brand deals, and restaurant equity<\/h2>\n

The 29-year-old Knicks legend has been amassing a diverse portfolio of wealth, from media ventures to equity investments. And one of the key pillars of his wealth is his NBA salary: Brunson\u2019s played for the Knicks since 2022, and in 2024, he signed a four-year $156 million contract extension.\u00a0<\/p>\n

But he could have waited another summer and signed on for five years instead; that amounted to $100 million less than his potential earnings. But Brunson\u2019s financial sacrifice may have led the Knicks to the NBA championship title: he resigned to give the Knicks more wiggle room to build a stronger roster of players, and last month, they finally brought home their first NBA title since 1973.<\/p>\n

\u201cEveryone looks at it as leaving money on the table, and so, while it is to a certain degree, it was the most I could sign for at the time,\u201d Brunson told the WSJ<\/em><\/a>. But thanks to his years in the NBA, he said he has financial cushioning to take the blow. \u201cJust having that in my back pocket\u2014knowing I\u2019m good, the family\u2019s good\u2014I can play free.\u201d<\/p>\n

And Brunson isn\u2019t letting the $100 million he passed up on slow him down. Brunson also co-hosts his podcast The Roommates Show<\/em> with fellow Knicks player Josh Hart, and joined $1 billion fast-casual chain Just Salad as an equity investor and long-term partner earlier this year. In 2023, he also cofounded youth advocacy non-profit Second Round Foundation with his mother, Sandra Brunson.\u00a0<\/p>\n

The Knicks superstar has also worked with many household brands that have bolstered his off-court earnings, including the likes of Nike<\/a>, American Express<\/a>, AT&T, DoorDash<\/a>, BodyArmor, and Delta. But looking ahead, he\u2019s setting his sights on more calculated, prolonged investments that will build his nest egg for life.\u00a0<\/p>\n

\u201cThe endorsement deals are great. It\u2019s kind of getting your foot in the door. I think at this point now going forward, I am looking for equity deals,\u201d Brunson explained. \u201cI am looking to further my business outside of basketball, prepare myself for life after basketball. I think those are more important, those are more long-term.\u201d<\/p>\n

\u201cAnd yes, those may have risks, but I think I\u2019m at that point now. I\u2019ve saved a lot, I\u2019ve done a lot. So, how can I try and improve myself off the court?\u201d<\/p>\n

Now, he\u2019s sharing his financial know-how by helping fellow athletes as well as young, up-and-coming stars plan out their financial futures. Brunson is a member of JPMorgan Chase\u2019s Athlete Council, which aims to help all sports players\u2014from seasoned professionals to high school standouts signing NIL deals\u2014best manage the wealth that comes in their often short-lived athletic careers.\u00a0<\/p>\n<\/div>\n

Mais Not\u00edcias<\/a><\/p>\n

Home Page – In\u00edcio<\/a><\/p>\n

Source link <\/a>
\nMore: The Global Track<\/a><\/p>\n

Corinthia Mes<\/a><\/p>","protected":false},"excerpt":{"rendered":"

When it comes to making decisions about multimillion-dollar assets, you\u2019d assume ultra-wealthy stars rely on financial advisors or even their rich peers for money advice. But actually Knicks captain Jalen Brunson turns to his family for financial guidance\u2014and so do Reese Witherspoon and Queen Latifah. \u201cEven to this day\u2014I know it\u2019s crazy\u2014if I feel like […]<\/p>\n","protected":false},"author":1,"featured_media":157661,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAow2JLhCw:productID":"","_gspb_post_css":"","maa_idioma":"","maa_pais":"","footnotes":""},"categories":[40158],"tags":[8819,18246,4740,4431,4011,8701,3158,3051,14516,43011,43012,43013,43014,5590,4432,5197,32717,4039,43015,43016,43017,12764,38952,3896,2956,28134,43018],"class_list":["post-157660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-advice","tag-athletes","tag-basketball","tag-brunson","tag-calls","tag-celebrities","tag-contract","tag-family","tag-financial","tag-financial-advice","tag-financial-planning","tag-investing-advice","tag-investing-strategy","tag-jalen","tag-knicks","tag-million","tag-millionaires","tag-nba","tag-nba-finals","tag-new-york-city","tag-nil-deals","tag-parents","tag-personal-finance","tag-sports","tag-star","tag-wealth","tag-wealth-management"],"blocksy_meta":[],"yoast_head":"\nDespite a $156 million contract, Knicks star Jalen Brunson calls his parents for financial advice - 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