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Steve Francis is an American former professional basketball player. He was selected with the second overall pick of the 1999 NBA draft by the Vancouver Grizzlies. He was also named co-NBA Rookie of the Year in his first season.
He was a three-time NBA All-Star while playing for the Houston Rockets. Francis also played for the Orlando Magic and New York Knicks. He ended his career with the Beijing Ducks of the Chinese Basketball Association.
He was known for his crossover dribble, driving ability, and flashy dunks. He also earned the nickname ‘Stevie Franchise’ while still an active basketball player.
What Is Steve Francis’s Net Worth
Steve Francis’ net worth is $40 million. He earned most of his wealth through his career in the NBA. He played for the Houston Rockets, Orlando Magic, and New York Knicks. He also played in the Chinese Basketball Association for the Beijing Ducks.
Other than being a basketball star, Francis has also earned money through endorsements and business ventures. He has endorsement deals with several top brands, further building his wealth.
How Much Does Steve Francis Earn Annually?
Steve Francis’ annual income is not publicly known. However, it is estimated to be in the millions of dollars. He earned a total of $103.5 million during his NBA career. His other business ventures also pay him a lot.
In 2010, he signed a contract with the Beijing Ducks of the Chinese Basketball Association for $800,000 annually. His annual income has probably declined since he retired from professional basketball in 2013. However, he is still likely to earn a massive amount of money through his investments.
How Does Steve Francis Earn His Money?
Stevie Franchise was a legendary basketball player. Obviously, top basketball players earn quite a fortune. Francis earned a total of $103.5 million during his NBA career.
He signed a six-year, $84 million contract with the Houston Rockets in 2003. He also earned a salary of $800,000 annually during his one season with the Beijing Ducks of the Chinese Basketball Association.
However, being paid a substantial salary was not the only way the franchise earned his cash. Below are other ways Franchise amassed his wealth:
- Endorsements: Francis has endorsed various brands, including Nike, Gatorade, and Spalding. He has also appeared in commercials for these brands.
- Business ventures: Steve owns a clothing line and a restaurant. He also has a financial advisory firm.
- Investments: Francis also invests in real estate and technology.
Francis’ income has probably declined since he retired from professional basketball in 2013. However, he is still likely to earn very much through his investments and other business ventures.
Steven D’Shawn Francis was born on February 21, 1977. He was born in Takoma Park, Maryland. He attended Milford Academy in Connecticut. Francis played college basketball for the University of Maryland, where he was a two-time All-Big Ten selection.
Steve Francis went to six different high schools and participated in only two basketball games during that time. When his mother passed away, he left school at 18 years old.
However, he was allowed to play college basketball for San Jacinto College after catching the attention of their coaches at an Amateur Athletic Union tournament. He completed his GED and attended San Jacinto College in 1996-97, and later attended Allegany College of Maryland in 1997-98.
|Full Name:||Steven D’Shawn Francis|
|Nickname:||Stevie Franchise, Wink|
|Birth Place:||Takoma Park, Maryland, United States.|
|Birthday:||21 February 1977|
|Weight:||95 Kg (210 lbs)|
|Height:||6 ft 3 in (1.9 m)|
|Marital Status:||Divorced, Married – 2006|
|Parents Name:||Mother: Brenda Wilson|
|Children:||Two: Steven II Francis and Shailyn Francis|
|Siblings:||Tiffany, Jeff Jr., Terry|
|College:||University of Maryland
San Jacinto College: Central Campus
Allegany College of Maryland
|Profession:||Basketball player, Actor.|
|Popular for:||He played for Orlando Magic and New York Knicks, two top basketball teams.|
|Social Media Accounts:|
Francis was born in Takoma Park. He also attended Montgomery Blair High School in Silver Spring, Maryland, where he was a star basketball player. He was named a McDonald’s All-American and was selected to play in the 1996 Jordan Classic.
Francis committed to playing college basketball at the University of Maryland. He played two seasons for the Terrapins, averaging 19.7 points and 6.1 assists per game in his sophomore season. He was named a first-team All-Big Ten selection. He was a finalist for the John R. Wooden Award.
Francis was selected with the second overall pick of the 1999 NBA draft by the Vancouver Grizzlies. He was traded to the Houston Rockets after one season. Francis spent seven seasons with the Rockets, where he was a two-time All-NBA selection.
He was traded to the Orlando Magic in 2004. He spent two seasons with the Magic before proceeding to the New York Knicks in 2006. He spent two seasons with the Knicks before going to the Guangdong Southern in China in 2008. He played for the Beijing Ducks from 2010 to 2013.
Francis retired from professional basketball in 2013. He was inducted into the Maryland Basketball Hall of Fame in 2016.
Steve Francis’ Awards
Steve Francis has won the following awards during his career:
- NBA Rookie of the Year (1999)
- NBA All-Rookie First Team (1999)
- NBA All-Star (2002, 2003, 2004)
- NBA All-NBA Third Team (2002)
- McDonald’s All-American (1996)
- Jordan Classic (1996)
- First-team All-Big Ten (1999)
- Second-team All-Big Ten (1998)
- Maryland Basketball Hall of Fame (2016)
Steve Francis has endorsement deals with various brands during his career. They include:
- ANTA Sports Products Limited
- Stance Socks
- Rocket Mortgage
- The Palms Casino Resort
- The Black Wall Street Chamber of Commerce
Moreover, Francis is also the founder of the Steve Francis Foundation, which provides educational and athletic opportunities to youth in Maryland.
Steve Francis is married to Shelby Francis. They have two children together, Steven II and Shailyn.
Francis is a devout Christian and is active in his community. He is also a spokesperson for the Steve Francis Foundation. The foundation provides educational and athletic opportunities to youth in Maryland.
Francis has had a rough past. His mother died when he was very young. His father also served a jail term of 20 years for robbing a bank.
He had also been arrested for driving under the influence in 2016 and was later sentenced to probation. In 2018, he released a memoir titled “The Last Shot,” detailing his life on and off the court.
Despite his struggles, Francis is a role model for many young people. He is a reminder that it is possible to overcome adversity and achieve your dreams.
Here is a breakdown of Steve Francis’ assets:
- Real estate: Francis owns a home in Houston, Texas, and a vacation home in the Bahamas.
- Businesses: Francis has a clothing line, a restaurant, and a financial advisory firm.
- Investments: Steve also invested in various businesses, such as real estate and sports.
- Endorsements: He also has ambassadorial deals with top brands like Nike, Gatorade, and Spalding.
- Retirement savings: Franchise saved up a fortune for his retirement.
Below are some frequently Asked Questions about Steve Francis:
What did Steve Francis do after retiring from basketball?
After retiring from basketball, Steve Francis got involved in various business ventures. He has also worked as a basketball coach and trainer.
Did Steve Francis ever win an NBA championship?
No, Steve never won an NBA championship during his playing career.
Why did Steve Francis retire from the NBA?
Steve Francis retired from the NBA due to injuries and declining performance on the court.
What is Steve Francis’ position in basketball?
Francis played primarily as a point guard while he was still active.
Was Steve Francis involved in any legal issues during his career?
Yes, Steve Francis was involved in several controversies during his career. He had altercations with teammates and legal issues off the court.