Dennis Schroder Net Worth 2024

From skipping basketball classes to now playing in the National Basketball Association, Dennis Mike Schroder’s unlikely journey to the NBA is one that deserves to be delved into.

Born in Braunschweig, Germany, Schroder grew up as a humble kid alongside his siblings and picked up skateboarding following his elder brother’s interest in the sport. During this time around, the veteran point guard also began playing soccer and basketball.

As per his basketball coaches at the time, Schroder had the skills and athletic ability to play basketball at a competitive level but lacked the necessary discipline to make it happen. At age 16, he decided to pursue basketball seriously.

In 2010, Schroder began his basketball journey after signing with his hometown team SG Braunschweig, an affiliate team of the Löwen Braunschweig. After playing a total of three seasons for his native team, Schroder declared for the 2013 NBA Draft, where he was selected 17th overall pick by the Atlanta Hawks.

Now in his 11th NBA season, the 30-year-old is playing as a backup point guard for the Brooklyn Nets.

What is Dennis Schroder’s Net Worth in 2024?

Though it is difficult to provide accurate numbers regarding Schroder’s net worth, the German’s net worth is estimated between $40 million - $50 million as of 2024. His primary income sources include income from his NBA contracts and endorsement deals.

Dennis Schroder Salary

Dennis Schroder is set to earn $12.4 million for the 2023/24 season. He is currently on a two-year $25.4 million contract with the Toronto Raptors and will become an unrestricted free agent in the 2025 offseason.

Dennis Schroder Endorsements

Off the basketball floor, Schroder has collaborated with multiple top brands and companies which include Russell Athletic, the popular video game series Call of Duty, American prepaid service provider Cricket Wireless, Hugo Boss, Mercedes Benz, and Nike.

Initially, Schroder had a sneaker deal with Nike, but in September of 2022, he signed with German sports apparel brand Puma. The deal is a multi-year partnership that is expected to bring in millions for the veteran point guard.

Schroder also regularly promotes his fashion brands which are; the perfume brand Atelier Drip and the clothing brand called That’s Tuff.

Dennis Schroder Investments

Nearly 10 years after playing for his hometown team Löwen Braunschweig, Schroder became a 100% owner of the basketball team in May 2020. Before acquiring complete ownership of his hometown team, Schroder was one of four shareholders who held a majority stake in the club.

After selling their shares, the remaining shareholders stayed with the organization as active sponsors. Besides this, Schroder also previously invested and owned a nightclub in Germany which was known as the DS 17 Lounge.

Dennis Schroder Other Sources of Income

Besides income from his NBA contracts, brand partnerships, and investments, there is no information available to confirm if Schroder has any other revenue streams as of 2024.

Dennis Schroder House

Schroder owns a beautiful home in the Tarzana neighborhood in Los Angeles, California. The house is spread across 8,428 square feet and sits on 0.35 acres of land.

The property features a large living room, a master bedroom with two balconies, multiple bathrooms, a gorgeous kitchen equipped with all the latest appliances, a home theater, a gaming room, a gym with all necessary equipment, a spacious barbeque area, a large swimming pool and a basketball court.

Constructed in 2017, Schroder purchased the property for $4.3 million and is estimated to be worth about $6 million in 2024.

Dennis Schroder Cars

Schroder owns some of the most luxurious and appealing automobiles, including a gray Lamborghini Urus, a white Mercedes AMG G Wagon, a Cadillac Escalade, a Bugatti Cheron, and a gray Rolls-Royce Dawn. He previously also owned a Lamborghini Aventador and a gold-wrapped Audi R8.

Dennis Schroder Charity Work

While in the NBA, Schroder has worked with the NBA Cares initiative to give back to the dedicated fans of basketball across the country who have consistently supported the sport and made it what it is today.

When Schroder played for the Atlanta Hawks, he always made sure to participate in the team’s community outreach programs and engage with people in the most hospitable manner.

In 2018, while Lebron James was in Germany as part of his ‘More Than an Athlete’ world tour, he engaged in a three-point shooting contest with Schroder with $10,000 in charity money on the line. Schroder beat James and donated the amount to a charity of his choice.