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Amar’e Stoudemire Net Worth: Deeper Look Into His Luxury Lifestyle in 2022!

amare stoudemire net worth

amare stoudemire net worth

Amar’e Carsares Stoudemire (Hebrew: ; /mre stdmar/; born November 16, 1982) is an American-Israeli basketball coach and former player who most recently worked as a player development assistant for the NBA’s Brooklyn Nets (NBA). In 2003, he was named NBA Rookie of the Year after being drafted ninth overall in the 2002 NBA Draft by the Phoenix Suns. He played in the NBA All-Star Game six times and was named to the All-NBA Team five times, including a first-team selection in 2007.

Stoudemire attended three different high schools in high school before graduating from Cypress Creek High School in Orlando, Florida, and declaring for the NBA draught as a prep-to-pro player. He was named Florida’s Mr. Basketball after winning multiple prep awards.

During his career, Stoudemire struggled with persistent knee troubles and had both knee microfractures. Before retiring from the NBA in 2016, he played for the Phoenix Suns, New York Knicks, Dallas Mavericks, and Miami Heat.

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Early Years

Amar’e Carsares Stoudemire was born in Lake Wales, Florida on November 16, 1982. His parents split when he was quite young, and he grew up on the outskirts of Orlando. Amar was raised by his mother, who worked as an orange and apple picker, in a Baptist household with one sibling. During Stoudemire’s childhood, she was in and out of prison for petty theft and forgery.

Amar now considers himself a Black Hebrew Israelite, despite his Baptist upbringing. Amar spent part of his childhood in New York before moving to Port Jervis. His father died when he was 12, and he was mentored by a number of people. Some of these people, such as a cop, a coach, and a priest, allowed Amar’e to remain with them through difficult times.

Amar began playing organized basketball for the first time during his high school years at the age of 14. Because of his difficult family condition, he switched high schools five times throughout this time period. Because of his frequent moves, he only played two complete seasons and sat out his junior year. During these years, he also played football.

Despite only playing two complete seasons in the NBA, he was regarded as a top potential. Despite initially committing to play for the University of Memphis, he ultimately decided to forego college and declare himself eligible for the NBA Draft in 2002.

What Is the Net Worth of Amare Stoudemire?

Amare Stoudemire has a net worth of $70 million as a former professional basketball player in the United States. Stoudemire played for the Phoenix Suns, New York Knicks, Dallas Mavericks, and Miami Heat during his NBA career. After a 14-year career, Amar’e finally retired in 2016. His career highlights include winning the NBA Rookie of the Year award in his rookie season in 2002. He also appeared in six NBA All-Star games and was named to the All-NBA Team five times. He was named to the All-NBA Team for the first time in 2007.

Prior to entering the NBA, Stoudemire was a highly regarded high school basketball player. He had such a good reputation that he was able to go straight from high school to the NBA following graduation. Despite his significant success in the NBA, he was hampered by knee ailments on a frequent basis. He went into coaching after retiring and began working as a player development assistant with the Brooklyn Nets.

Coaching

In 2020, he returned to the Brooklyn Nets as an assistant player development coach after concluding his NBA career. When Stoudemire was an assistant coach for the Canadian basketball team at the 2013 Maccabiah Games, he was approached by Israel’s President, Shimon Peres. Peres persuaded him to become a Rabbinic Jew. As a result of this, he was granted Israeli citizenship and given the name “Yahoshafat Ben Avraham.”

Business Partnerships

Stoudemire has dabbled in a variety of businesses throughout the years. In 2011, he launched a clothing line that was offered at Macy’s. This line was created in collaboration with Rachel Roy, a fashion designer. He also started his own record company, which has since signed a number of rappers. Amar’e also got a contract with Scholastic in 2011 to write a series of children’s books. He became a big shareholder in Hapoel Jerusalem B.C. in 2013. Stoudemire Cellars, his own kosher wine label, debuted in 2018.

Personal Life

Stoudemire and his wife, Alexis Welch, have four children.

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After dating in 2002, the couple got engaged in May 2012 and married on December 12, 2012, on the rooftop of their Greenwich Village apartment. In October 2018, Stoudemire filed for divorce from his wife, but the case was rejected in July 2019 when he failed to present the necessary documentation.

The Phoenix Suns media guide previously listed Stoudemire’s first name as Amaré or Amare, but it was changed to Amar’e in October 2008. According to NBA.com, Stoudemire’s name has always been spelled Amar’e, but the media has been erroneously spelling it since he joined the league.

Property Management

Stoudemire sold his Florida home in 2021, according to reports. The mansion was purchased for $3.5 million by none other than musician Rick Ross. Unfortunately, Amar’e had to take a loss on this transaction, as he had paid $3.7 million for the home ten years before.

The house is quite large, with 8,600 square feet of living space and a 2.3-acre property. A guesthouse, a swimming pool, and a spa are among the outside amenities. Stoudemire’s old home, which is located in Southwest Ranches, is adjacent to the homes of several other high-profile celebrities. A gated driveway, a nine-car garage, six bedrooms, a gym, and a massage room are among the other features.

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Stoudemire bought a farm in New York in 2014. The farm, which spans 185 acres and includes a 2,000-square-foot log cabin, is located in Hyde Park. This was supposed to be a kind of cabin for the weekend and holiday family excursions.

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