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Luke Walton's estimated Net Worth is around $16 million. Find out his Annual Salary and Income

News by Clarence Published on 23 Feb,2017 Updated on 10 Jun,2018

Luke Theodore Walton, a former American professional basketball player currently serves as the head coach for the Los Angeles Lakers. He spent nine years with the same club as a player. Luke has an average annual salary of $5 million from his successful coaching career.

Luke was one of the best players of his time. He received a huge amount of money from LA Lakers and is one of the richest sports personalities in America. 

Luke Theodore's Net Worth And Earning Sources

The former LA Lakers players and current head coach Walton Luke receives a huge amount of money from his job. In April 2016, he signed with the LA Lakers for a five-year contract of $25 million or $5 million per year.

LA Lakers coach Luke Walton

Source: ESPN

LA Lakers also pays him a hefty amount of bonus and allowances. The former NBA player is fortunate with the $16 million amount of net worth from his longtime career.

Luke Walton’s house and cars

Luke owns a beautiful house in Manhattan Beach area in California. The house features a garden and three bedrooms with three full baths. The beach side house is supposedly worth more than $4 million, as cited by a real estate company in Manhattan.

Image: Luke's Manhattan beach house

Source: hubmesh

Further, to add his properties, the coach also runs a restaurant in The Beach area. There, he serves people with his beautiful stories hanging on the wall along with delicious food served in the hotel.

Image: Luke Walton

Source: nba.com

Luke used to ride on his Mercedes-Benz car until it was stolen from his house. In November 2013, a group of criminal people theft his car from his home when he was not in the home.

Eventually, he reported to the police but they did not find his car. Since then, he has not shown his car to the media and not revealed if he bought a new car or not.

Short Bio: Luke Walton

The 36-years-old Luke is one of the assets of the LA Lakers who have been active in the field of sports, since 2000.

Luke is the son of Bill Walton, former UCLA and NBA standout. His father’s close mate and former Portland Trail Blazers players, Maurice Lucas introduced him in the basketball game.

Initially, he played for the San Diego University, California. Then, he was enrolled at the University of Arizona and started playing for the college under the coaching of Lute Olson.

In 2003, after graduating from the University, he began his senior career with the LA Lakers. In 2012, he left the team and joined Cleveland Cavaliers for one season.

In 2011 season, University of Memphis hired him as an assistant coach under the head coach Josh Pastner. Then, he spent two seasons as a coach at Golden State Warriors and guided Ramon Sessions and Christian Eyenga.

In April 2016, he returned to his former club as a coach and replaced former coach Byron Scott.

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