Introduction
Stephon Marbury is a retired American professional basketball player who had a successful career in the NBA, as well as in China as a coach and player. Known by the nickname “Starbury,” he is a former NBA All-Star with a net worth of $40 million. In this article, we’ll take a closer look at Marbury’s career earnings, controversies, and legacy.
Early Life
Stephon Xavier Marbury was born on February 20th, 1977 in Brooklyn, New York. He grew up in Coney Island with six siblings and showed his basketball talent at a young age. He played high school basketball and earned the nickname “Starbury” during this time.
NBA Career
Marbury was drafted by the Milwaukee Bucks in the 1996 NBA Draft but was quickly traded to the Minnesota Timberwolves, where he was named to the All-Rookie Team in his first season. He was later traded to the New Jersey Nets, where he became an All-Star and proved his potential with some key performances. After one year, he was traded to the Phoenix Suns, where he made the All-Star Team again and reached the playoffs. Marbury was then traded to the New York Knicks, where he laid down roots but also faced controversies with head coach Larry Brown.
In 2009, the Knicks bought out Marbury’s contract, and he became a free agent. He then transferred to the Boston Celtics, where he ended his NBA career. Marbury earned over $150 million in salary before taxes and fees during his NBA career.
Chinese Basketball Career
In 2010, Marbury joined the Shanxi Zhongyu Brave Dragons of the Chinese Basketball Association. After one year, he transferred to the Foshan Dralions before finally joining the Beijing Ducks. As a Beijing Duck, Marbury won the CBA Championship three times before ending his basketball career as a player. He then became the head coach of the Beijing Royal Fighters in 2019.
Legacy and Controversies
Apart from his basketball career, Marbury is also known for creating a shoe line called “Starbury” that sold for under $15. The shoes were intended to provide low-income children with the chance to have fashionable basketball shoes.
However, Marbury has also faced controversies in his personal and financial life. He was sued by Wachovia/Wells Fargo for $16 million in 2011, and then sued for an additional $3 million by the same bank the following year. These lawsuits stemmed from a real estate investment deal that Marbury was involved in and allegedly guaranteed seven-figure loans related to the purchase and leasing of industrial real estate.
Marbury also faced a sexual harassment lawsuit from his former personal chef, Thurayyah Mitchell, in 2006. During the lawsuit, he admitted to having an extramarital affair with a Knicks intern outside of a strip club in 2005. Marbury allegedly offered Mitchell a $1 million “hush deal” to keep quiet, although it’s unclear if she received the full amount.
Conclusion
Stephon Marbury is a former NBA All-Star with a net worth of $40 million. He had a successful basketball career in the NBA and China, as well as creating a shoe line for low-income children. Despite his success, Marbury has also faced controversies in his personal and financial life.