How Darius Miles American NBA Player Amassed a Fortune of Thousands of Dollar?

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darius miles net worth

Darius Miles was a professional basketball player in the NBA for the United States. As the third overall choice in the 2000 NBA draught, the Los Angeles Clippers selected him straight out of high school. Injuries ended his NBA career after only three years.

Darius Miles is an NBA veteran who has played in the league since the year 2000. It is predicted, however, that Darius Miles’ extended tenure in the NBA will result in a handsome contract.

Early Life and Childhood

Even though Miles spent his formative years in East St. Louis, Illinois—the murder capital of the United States—he was born in Belleville on October 4, 1981. Darius had a tough life and has described East St. Louis as “guns, drugs, and danger from start to finish,” after being shot multiple times and seeing the murder of friends.

darius miles net worthMiles went to school at East St. Louis Senior High and was named the best high school basketball player in America. When he graduated high school, he was 6 feet eight inches tall, weighed 202 pounds, and often scored 22 points per contest. Darius publicly announced his intent to enter the 2000 NBA draught.

How Much Money Does Darius Miles Make?

Net Worth: $100 Thousand
Date of Birth: Oct 9, 1981 (41 years old)
Place of Birth: Belleville
Gender: Male
Profession: Basketball player
Nationality: United States of America

Darius Miles, a former NBA player from the United States, is a millionaire. Sadly, Darius has had financial difficulties after retirement despite earning $66 million in salary alone during his career. As of 2016, he has filed for bankruptcy.

After graduating high school, the Los Angeles Clippers selected Miles as the third overall pick of their draught. He was the only player ever to be named to the NBA All-Rookie team directly from high school. He went on to play in the NBA for eight seasons.

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Professional Career of Darius Miles

The Los Angeles Clippers picked Darius Miles third overall in the draught, which was a record for a player coming straight out of high school. In 2001, he was named to the NBA’s Rookie All-Star Team after spending his first two seasons with the Clippers.

The Clippers’ win total was dead bottom in the NBA before Miles’s arrival. Despite Darius’s contributions to the team’s improved record, the organization decided to trade him after just two seasons since his playstyle no longer fit.

Miles signed with the Cleveland Cavaliers after the 2001–02 campaign. After 1.5 seasons with the team, he was dealt to the Portland Trail Blazers. When Darius had many run-ins with then-coach Maurice Cheeks during the 2004-2005 season, it made headlines. According to reports, Miles insulted Cheeks using racist insults and other accusations.

Darius’ right knee was seriously hurt toward the close of the 2005-2006 season. He came back to play five days later, but that ended up being his final game of the year. Miles had microfracture surgery to fix his condition, but he had to sit out the next two NBA seasons.

Despite the fact that Darius’s 2008 injury was deemed career-ending, he was free to continue playing if he so desired. The following year, the Trail Blazers waived him.

After signing with the Boston Celtics in 2008, Miles was cut before the start of the season. The rest of the 2008–09 season saw him playing with the Memphis Grizzlies after he signed with the team. In 2009, the Grizzlies waived Darius, and he promptly retired.

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Bankruptcy

It was a big surprise to many when Darius Miles filed for bankruptcy in 2016 after earning $61.9 million over the course of his career, including a peak annual salary of $9 million in 2008 while playing for the Portland Trail Blazers. He claimed that a string of bad business and real estate ventures had led to his current financial situation.

According to reports, Miles lost over $100,000 in a single California real estate purchase in 2008. Together with ex-NFL running back Marshall Faulk and rapper Nelly, he lost a significant sum of money in a failed investment venture. As a result of their involvement in a disastrous real estate deal in the heart of St. Louis, the group is now facing a number of multimillion-dollar lawsuits.

darius miles net worthDarius says that after his mother passed away in 2013, he fell into a deep depression, which only made matters worse financially. When Miles filed for bankruptcy, he had to sell off a lot of his valuables, including an autographed LeBron James jersey, thousands of DVDs, and pricey weaponry.

After declaring bankruptcy, Darius relocated to Florida to be closer to Quentin Richardson, a buddy and former player on the Clippers. Now Miles and Richardson run the podcast “Knuckleheads,” where they have guests discuss topics including sports and pop culture.