Jannero Pargo is a former professional basketball player and current assistant coach. Jannero Pargo net worth is $3.5 million. During his career spanning over a decade in the NBA, Pargo has left an indelible mark on the sport with his electrifying plays and sharpshooting skills.
This basketball maverick proves that success is not just measured by numbers but by the unwavering spirit that propels one toward one’s dreams.
What is Jannero Pargo Net Worth and Salary?
Jannero’s transition from a successful NBA player to an assistant coach for the Indiana Pacers showcases his dedication to the sport. According to Idol Net Worth, his net worth will be estimated at $3.5 million by 2024. Pargo has worked hard on and off the court to secure his financial stability.
They have played for various teams, including the Los Angeles Lakers, Chicago Bulls, Atlanta Hawks, and Charlotte Bobcats Hornets; Pargo has undoubtedly left his mark on the basketball world. Jannero also played with international teams Dynamo Moscow in Russia and Olympiacos in Greece.
Net Worth Growth(2020-2024)
| Year | Net Worth (in millions) |
|---|---|
| 2020 | $2.00 |
| 2021 | $2.30 |
| 2022 | $2.64 |
| 2023 | $3.03 |
| 2024 | $3.50 |
Transitioning To A Coaching Career
As a professional basketball player, Pargo has seamlessly transitioned into coaching with finesse. His deep understanding of the game and years of experience on the court have made him valuable in nurturing younger players’ talents and honing their skills.
His ability to translate his on-court experiences into valuable teachings for aspiring athletes sets him apart as a mentor who truly understands the game at its core. Imparting wisdom accumulated over years of professional play, Pargo instills in his proteges both technical skills and a winning mindset.
Through coaching, Pargo has found a new avenue to leave a lasting impact on basketball. Investing time and effort into molding the next generation of players, he ensures that the sport continues to thrive with fresh talent and innovation.
Pargo gives training at various skill levels with another baseball player Taylor, these two basketball legends coming together to revolutionize athlete training. They could partner to create specialized training programs for athletes at Elevate Basketball Academy, Dynamic Hoops Training Camp.
Raymond Taylor is in basketball with an enigmatic charm that sets him apart. Raymond Taylor net worth is under $5 million, and Taylor’s impact on the basketball community is undeniable.
Career Earnings
Jannero Pargo’s career earnings, totaling $11 million, represent the financial rewards garnered from his time on the basketball court.
Home Foreclosure
The opulent French-style chateau that once belonged to Jannero Pargo and his family in Riverwoods, Illinois, became a focal point of speculation in 2009 when it faced foreclosure for $2.24 million.
The grandeur of the property, evident in the 7 bedrooms, 9 bathrooms, and nearly 12,000 square feet of living space nestled on 2.2 acres of land, painted a picture of luxury turned sour.
In 2013, listing the property for $2.395 million to losing it to foreclosure. The bank’s decision to list the home at a lower price point of $1.75 million in 2014. 2016, after multiple price reductions, the home sold for $1.375 million in September.
Early Life and Biography
Jannero Pargo was born in Chicago, Illinois on October 22, 1979. Growing up in the vibrant city of Chicago, Jannero Pargo was destined for greatness from a young age.
His younger brother Jeremy, who also pursued a career in professional basketball, Jannero honed his skills on the courts of Paul Robeson High School. Graduating in 1998, he left a trail of admiration and respect among his peers and coaches.
| Full Name | Jannero Pargo |
| Net Worth | $3.5 million |
| Birthdate | October 22, 1979 |
| Age | 44 years old |
| Birthplace | Chicago, Illinois, USA |
| Gender | Male |
| Height | 6 ft (1.85 m) |
| Profession | Basketball Player, Coach |
| Nationality | United States of America |
| Mother’s Name | Charlie Mae Pargo |
| Father’s Name | Jannero Brown |
| Spouse’s Name | Malaysia Pargo (ex-wife) |
| Children | 3 (including son Jannero Pargo Jr.) |
| NBA Teams Played For | Los Angeles Lakers, Toronto Raptors, Chicago Bulls, New Orleans Hornets, Atlanta Hawks, Washington Wizards, Charlotte Bobcats/Hornets |
| International Teams Played For | Dynamo Moscow (Russia), Olympiacos (Greece) |
| Current Role | Assistant Coach, Indiana Pacers |
Collegiate Career
While at Neosho County Community College, Jannero Pargo quickly made a name for himself with his sharpshooting abilities and scoring prowess. This attracted the attention of the University of Arkansas, where he transferred in 2000 to join the Razorbacks basketball team.
Pargo’s impact was felt immediately as he showed his proficiency in sinking deep three-pointers. During his collegiate career at Arkansas, Jannero Pargo continued to impress fans and opponents with his consistent ability to put up big-point totals.
His knack for erupting with multiple 30-point games highlighted his scoring talent and his dedication to elevating the team’s performance.
Start of NBA Career, 2002-2006
2002-2003 Season
- Jannero Pargo started his NBA career with the Los Angeles Lakers in the 2002-2003.
- He averaged 2.5 points per game in 34 games during that season.
- The Lakers reached the Western Conference Semifinals during his first season in the league.
2003-2004 Season
- Jannero Pargo began his NBA career in 2002 with the Los Angeles Lakers.
- He played in 13 games for the Lakers during the 2003-2004 season.
- Pargo then moved to the Toronto Raptors but only played in five games with them.
- He finished the season with the Chicago Bulls.
- During his time with the Bulls, Pargo averaged a career-high 13.5 points per game.
2004-2005 Season
- Jannero Pargo began his NBA career in 2002 and played with the Chicago Bulls from 2004-2006.
- During the 2004-2005 season, he averaged 6.4 points per game in 32 games with the Bulls.
- The Bulls made it to the playoffs but were defeated by the Washington Wizards.
- Pargo performed well in the playoffs, averaging 10.4 points per game.
2005-2006 Season
- Jannero Pargo began his NBA career in 2002 and played with the Chicago Bulls from 2005 to 2006.
- 2005-2006, Pargo averaged 4.8 points per game in 57 games with the Bulls.
- The Bulls made it to the first round of the playoffs that season but were ultimately defeated by the Miami Heat.
New Orleans/Oklahoma City Hornets
The 2006-2007 NBA season marked a challenging yet transformative period for the New Orleans Oklahoma City Hornets, especially for seasoned player Jannero Pargo. The team was uprooted from their home due to Hurricane Katrina.
His notable career-high of 82 games played. Averaging 9.2 points and a career-best 2.2 rebounds per game, Pargo emerged as a key contributor to the Hornets’ offensive firepower.
The 2007-2008 season was memorable for the New Orleans Oklahoma City Hornets, particularly with the return of Jannero Pargo. Playing in 80 games, Pargo proved to be a valuable asset, contributing an average of 8.1 points per game.
This scoring prowess helped the team advance to the Western Conference Semifinals, where they faced off against the formidable San Antonio Spurs. In the 2008 Playoffs, Jannero Pargo emerged as a key player for the New Orleans Oklahoma City Hornets and showed his scoring ability and valuable contribution off the bench for superstar Chris Paul
Pargo made a significant impact in the playoff games by averaging 10.2 points and 2.5 rebounds per game throughout the postseason run.
European Teams
Moving on from Dynamo Moscow, Pargo’s transition to Olympiacos presented a fresh challenge in his career. His best efforts, Pargo was released from Olympiacos in May 2009, signaling a turning point in his European journey.
The Greek club saw great potential in Pargo’s skills and abilities, but the partnership was short-lived.
Personal Life
Jannero Pargo’s previous marriage to Malaysia Pargo is a chapter of his life filled with love and eventual heartbreak. Residing in Riverwoods, Illinois, the couple shared the joys and challenges of marriage with their three children, Jannero Jr., Jayden, and Jackson. Despite their initial bond, the pressures of daily life eventually led to their divorce in 2014.
Malaysia Pargo is an American reality television star and jewelry designer. Her journey from reality TV star to successful jewelry designer is a testament to her entrepreneurial spirit and creative talents. Malaysia Pargo net worth is estimated to be around $500,000 US dollars.
Conclusion
Jannero Pargo has amassed a commendable net worth of $3.5 million by leveraging his skills and opportunities in the competitive world of professional basketball.
His dedication and hard work have undoubtedly paid off, allowing him to secure a stable financial future for himself and his family. As he continues to excel in his career and explore new ventures, his net worth will likely grow in the coming years.
FAQs
What is Jannero Pargo doing now?
Jannero Pargo currently serves as an assistant coach for the Indiana Pacers.
How did Jannero Pargo accumulate his wealth?
Jannero Pargo accumulated wealth through his successful career as a professional basketball player and later as a coach.