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The Miami Heat's Bam Adebayo is one of the NBA's richest players, with a net worth of $20 million as of May 2023, according to estimates from Forbes.
The power forward, who was drafted by the Heat in the 14th round of the 2017 draft, makes $28.1 million per year from his contract with the team, which includes a five-year extension that will pay him an average of $32.6 million per year until 2026.
Adebayo, who won gold at the 2020 Olympics, also has endorsement deals with Nike, Gatorade, Panini America, and BioSteel.
He has also launched his own clothing line, BAMFAM, and has bought several properties, including a Miami mansion and a home for his mom in North Carolina. Read the Entire Article
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A customized collection of grant news from foundations and the federal government from around the Web.
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Social Entrepreneurship
Spotlight
Social Entrepreneurship: Meet the Disruptors of The World Of Philanthropy
William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”
