Iman Shumpert is a former professional basketball player, actor, and media personality with a net worth of $16 million as of 2025. His journey from the NBA courts to entertainment showcases his versatility, but his career has not been without challenges. With earnings totaling $48 million from his time in the NBA, Shumpert’s financial standing is a result of his athletic achievements, real estate investments, and ventures beyond basketball.
In addition to his basketball career, Shumpert has made headlines for his high-profile marriage and divorce from singer and actress Teyana Taylor. His financial disputes with Taylor, as well as his child support payments, have also added complexity to his financial journey.
Early Life and Basketball Beginnings
Born on June 26, 1990, in Berwyn, Illinois, Iman Asante Shumpert showed athletic promise early in life. He played high school basketball alongside Evan Turner, who also went on to play in the NBA. As a teenager, Shumpert was recognized as a first-team all-state player, winning three conference titles and earning a spot among the top 15 senior players in the nation.
While excelling in basketball, Shumpert also explored other interests, including spoken word poetry, showcasing his artistic and expressive side from a young age.
After high school, Shumpert attended Georgia Tech, where he made an immediate impact on the basketball team. During the 2008-2009 season, he ranked as the fourth-leading scorer. Despite a knee injury that sidelined him for six games in the following season, he bounced back in 2010-2011, leading his team in scoring, rebounding, and assists. He also set a school record for steals per game, further cementing his reputation as a defensive powerhouse.
Following his standout college career, Shumpert declared for the 2011 NBA Draft.
NBA Career and Earnings
Shumpert was selected 17th overall by the New York Knicks in the 2011 NBA Draft. His rookie season was cut short due to a knee injury, setting a pattern of physical setbacks throughout his career.
Despite his injuries, Shumpert became known for his defensive skills, versatility, and energy on the court. However, injuries continued to haunt him, including a shoulder injury in 2014 that further limited his play.
In 2015, Shumpert was traded to the Cleveland Cavaliers, a move that significantly shaped his career. He contributed to the Cavs’ 2016 NBA Championship run, helping them defeat the Golden State Warriors and securing his first and only NBA title.
That same year, Shumpert signed a four-year, $40 million contract with Cleveland. However, more injuries followed, leading him to be used as a backup point guard by the 2016-2017 season. He achieved a career-high 18 points in a game against the Detroit Pistons in 2017.
Shumpert later had stints with the Sacramento Kings, Houston Rockets, and Brooklyn Nets, but his role in the league diminished. By 2019, after Wilson Chandler’s suspension expired, the Brooklyn Nets waived him.
His NBA career officially ended in 2021, with total career earnings of $48 million from salary alone.
Real Estate Investments and Financial Moves
Following his $40 million contract extension with Cleveland in 2015, Shumpert invested in real estate. He purchased a 7,000-square-foot mansion in Atlanta, which was seen as his off-season residence. The home featured six bedrooms, a wooded backyard, a spiral staircase, and a lofted library, showcasing his taste for luxury.
In 2018, Shumpert purchased a $880,000 home in River Forest, Oak Park, Illinois, for his parents. The 4,400-square-foot property boasted five bedrooms.
His most high-profile real estate move came in 2020, when he listed his Studio City, Los Angeles home for $3.695 million. Originally purchased for $3 million in 2018, the home featured custom lighting, smart home features, Italian tile floors, and a lavish outdoor space with a swimming pool and waterfall.
By June 2022, he sold the property for $4 million, marking a profitable real estate deal.
Marriage, Divorce, and Child Support Battle
Shumpert married Teyana Taylor, a model, singer, and actress, in 2016. The couple welcomed two daughters: Junie (born December 16, 2015) and Rue (born September 6, 2020). Both children were delivered at home, with Shumpert himself assisting in their births.
Their relationship became widely recognized through their VH1 reality show, “Teyana and Iman,” in 2018. However, things took a turn in January 2023, when Taylor quietly filed for divorce. The divorce remained unknown to the public until November 2023.
The separation led to financial disputes, with Shumpert alleging in a June 2024 court filing that Taylor earned nearly twice as much as him—$94,000 per month compared to his $48,000 per month. As a result, he requested a reduction in his $8,000 monthly child support payments.
Additionally, Taylor accused Shumpert of withdrawing $4 million from their shared accounts and leaving her with $200,000 in home repair costs following their split. These legal and financial issues have had a noticeable impact on Shumpert’s post-NBA financial standing.
Post-NBA Life and Ventures
Since stepping away from professional basketball, Shumpert has pursued several ventures in entertainment. He won Season 30 of “Dancing with the Stars” in 2021, proving his versatility beyond sports.
He has also explored music and acting, continuing to build a brand outside of basketball. However, with child support payments, real estate deals, and financial disputes, Shumpert’s financial situation remains under scrutiny.
Conclusion
Iman Shumpert’s net worth of $16 million in 2025 reflects his NBA career earnings, smart real estate investments, and entertainment endeavors. However, his financial journey has been far from smooth, marked by injuries, contract fluctuations, divorce disputes, and child support obligations.
Despite these challenges, Shumpert continues to remain relevant in both sports and entertainment, proving that his talents extend well beyond the basketball court. With ongoing media and entertainment projects, his financial trajectory could shift in the coming years.
