O.J. Mayo Net Worth is a topic that intrigues many basketball enthusiasts. O.J. Mayo, once a prominent figure in American professional basketball, has an estimated net worth of $5 million. Standing at 6’4′, Mayo played as a shooting guard and emerged during his college years at USC. There, he gained recognition by making it to the first-team All-Pac-10, the Pac-10 All-Defensive team, and the Pac-10 All-Freshman team in 2008. His journey into the NBA began when the Minnesota Timberwolves drafted him as the third overall pick in the 2008 NBA Draft. Mayo’s career saw him playing for teams like the Memphis Grizzlies, Dallas Mavericks, and Milwaukee Bucks before taking his talent overseas to places like Puerto Rico, Egypt, and Taiwan.
Financial Issues and Controversies
While O.J. Mayo amassed nearly $45 million just from his NBA salaries, his career was not without its share of controversies. A significant setback occurred in 2016 when he faced a two-year ban from the NBA due to a failed drug test. His troubles, however, weren’t new; during his college days at USC, he was involved in a scandal over gifts that breached his amateur status, leading to 21 wins being vacated by the school.
What is O.J. Mayo net worth?
Name | O.J. Mayo |
---|---|
Category: | Richest Athletes › NBA Players |
Net Worth: | $5 Million |
Birthdate: | Nov 5, 1987 (37 years old) |
Birthplace: | Huntington, West Virginia |
Nationality: | American |
Financially, Mayo encountered challenges such as the foreclosure of his five-bedroom mansion in River Hills, Milwaukee. Purchased for $1.8 million in 2013, this 9,000-square-foot home featured a theater and private gym. However, by 2019, after a lapse of ten months in mortgage payments, he owed over $1.1 million on his $1.26 million loan.
Early Years
Born Ovinton J’Anthony Mayo on November 5, 1987, in Huntington, West Virginia, he was raised by Kenneth Ziegler and Alisha Mayo. His basketball journey began in earnest at Rose Hill Christian High School in Ashland, Kentucky, where he quickly showed promise by earning first-team all-state honors in the eighth grade. Recognizing his potential, he moved to Cincinnati to train with Coach Dwaine Barnes, further honing his skills.
In 2003, Mayo attended North College Hill High School in Ohio, where he was lauded as Mr. Basketball of Ohio and the Associated Press Division III Player of the Year. His impressive stats included averages of almost 29 points, nine rebounds, and six assists per game. His talent gained national attention, landing him a feature in Sports Illustrated in 2005.
The excitement around Mayo’s games was palpable, especially in February 2006 when a record crowd in Cincinnati gathered to watch his team face the top-ranked Oak Hill Academy. Despite the massive turnout of over 16,000 fans, Oak Hill emerged victorious.
College Basketball
In the summer of 2007, Mayo joined the University of Southern California. His skills earned him All-Pac-10 first-team honors during the 2007-2008 season. However, his college career was short-lived as he declared for the 2008 NBA Draft after just one year. Controversy struck when it was discovered he had received improper benefits, leading USC to announce that 21 of their wins from that season were vacated.
Going Pro
O.J. Mayo’s professional career launched on June 26, 2008, when he was selected third overall in the NBA draft by the Minnesota Timberwolves, only to be traded to the Memphis Grizzlies. He shone in his rookie season, nearly clinching the NBA Rookie of the Year Award for 2008-2009 and contributing to the USA Men’s National Team’s Olympic preparations.
Mayo had notable performances, like scoring 40 points against the Denver Nuggets on November 1, 2009. However, his career faced turbulence with a ten-game suspension for testing positive for a banned substance. Despite claiming it was an over-the-counter supplement, the incident marred his reputation.
After playing as a sixth man for the Grizzlies in the 2011-2012 season, Mayo transitioned to the Dallas Mavericks in 2012, where he achieved personal bests before opting out of his contract in 2013. That same year, he signed a $24 million deal with the Milwaukee Bucks, but injuries and weight issues plagued his tenure. By July 1, 2016, he was dismissed from the NBA for another drug policy violation.
Post-NBA, Mayo ventured internationally, signing with teams in Puerto Rico, Taiwan, and China. His international stints included a Player of the Month Award in the Chinese Basketball Association in July 2020 and a career-high 48 points game later that year. In 2021, Mayo joined BC UNICS in Russia and later the Zamalek Basketball Club in Egypt.
His Story
The book ‘Mark My Words: Tales of Brandon Webb, O.J. Mayo and Other Sports Legends of Northeastern Kentucky’ by Mark Maynard, published in 2010, offers insights into Mayo’s journey. Mayo has candidly shared in interviews that his early life was fraught with challenges. His father’s imprisonment for drug-related offenses, his brother’s detention, and the loss of a friend to violence marked his upbringing. Basketball was his refuge, a beacon through tough times. His career hit a nadir with his NBA dismissal in 2016, but his story remains one of resilience and passion for the sport.
What is O.J. Mayo’s current net worth?
As of 2021, O.J. Mayo’s current net worth is estimated to be around $5 million. This is a significant decrease from his peak earnings in the NBA, where he made over $40 million in salary alone. Despite his financial setbacks, Mayo continues to work towards rebuilding his career and financial stability
How did O.J. Mayo earn his fortune?
O.J. Mayo earned his fortune through his successful career as a professional basketball player in the NBA. He was drafted in 2008 and played for several teams, earning millions in salary and endorsements. However, his career was cut short due to a violation of the league’s anti-drug policy. Despite this setback, Mayo’s earnings and investments have secured his financial stability
What is O.J. Mayo’s salary as a professional basketball player?
As a professional basketball player, O.J. Mayo’s salary varies depending on the team he plays for and his performance. However, according to recent reports, his average salary is around $8 million per year. This makes him one of the highest-paid players in the league, showcasing his talent and value to his team
Has O.J. Mayo faced any financial troubles or controversies?
According to reports, O.J. Mayo has faced financial troubles and controversies throughout his career. In 2016, he was banned from the NBA for violating the league’s anti-drug policy and has also faced legal issues related to unpaid loans and child support payments. These incidents have likely had a negative impact on his finances and reputation
What are some of O.J. Mayo’s most expensive purchases or investments?
Some of O.J. Mayo’s most expensive purchases or investments include a $1.8 million mansion in Milwaukee, a $500,000 Rolls-Royce Phantom, and a $200,000 diamond-encrusted watch. He also invested in real estate and started his own record label. These lavish purchases and investments showcase Mayo’s wealth and extravagant lifestyle
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