Speedy Claxton is a former professional basketball player. This American point guard is now serving as the head coach of the Hofstra University men’s basketball team. He was also the assistant head coach for this basketball team. Throughout his nine years of NBA career, Claxton won the NBA Championship in 2003. However, he retired from Basketball in 2009.
Being a top-notch shooting guard, you will find a lot of questions regarding Speedy Claxton. Among these questions, “What is Speedy Claxton’s net worth?” has gained special attention. No one beyond Speedy Claxton really knows, however, let’s go through with our research…
What is Speedy Claxton’s net worth?
Speedy Claxton who is further known as Craig Elliott has an estimated net worth of $29.5 million.
Literally, Speedy Claxton’s actualized net worth is not publicly known. The aforementioned amount may not be the exact net worth of Speedy Claxton. This article references Speedy Claxton’s previous NBA salary, NBA contracts he made, his yearly wages from Head Coach Service, and so on to estimate his net worth.
Tune in with this article to discover more about Speedy Claxton, especially his financial condition.
What is Speedy Claxton doing now to meet his bread and butter?
After retiring from professional basketball, Speedy Claxton is now serving as the head coach of Hofstra University’s men’s basketball team.
In 2009, Speedy Claxton said goodbye to professional basketball. In the 2000 NBA draft, Speedy Claxton was chosen by the Philadelphia 76ers. But, he was injured and missed out on the 1999/00 NBA season. However, he came back strong and joined the Philadelphia 76ers for the next NBA season.
Claxton played for many NBA teams like:
- Philadelphia 76ers
- San Antonio Spurs
- Golden State Warriors
- New Orleans Hornets
- Atlanta Hawks
However, after retirement from basketball, Speedy Claxton is now coaching the Hofstra University men’s basketball team.
How much does Speedy Claxton make?
As the head coach of Hofstra University’s men’s basketball team, Speedy Claxton makes $45k annually. That means Speedy Claxton earns $22 per hour.
After retirement, Speedy Claxton joined the Hofstra University men’s basketball team as their head coach. Before that, he was the assistant head coach of this team. Claxton worked seven years as the assistant head coach.
In 2021, Speedy Claxton was promoted to Head Coach. Now, he makes $45k per year through his service for Hofstra University. Literally, Speedy takes 12% more than the national head coaches. The national average wage of head coaches is $40k.
Speedy Claxton’s NBA Salary
Speedy Claxton grossed a total NBA salary of $37,046,600 throughout his nine years of NBA career.
In the 2000 NBA draft, Speedy Claxton became Philadelphia 76ers’ 20th overall pick though he couldn’t play the 1999-00 NBA season. Later on, he played the 2000-01 and 2001-02 NBA season taking a base salary of $936k and $1 million respectively.
In the 2002-03 NBA season, Speedy Claxton played for the San Antonio Spurs for $1,076,400. In the following two NBA seasons, Claxton played for the Golden State Warriors for $3 million and $3.3 million respectively.
Claxton’s salary increased in the following NBA season by nearly $300k. He took $3.6 million from the New Orleans Pelicans. Later on, Speedy played two NBA seasons for the Atlanta Hawks. In this time, he took more than $6 million from Hawks.
Claxton’s salary dramatically decreased in the 2008-09 and 2009-10 NBA seasons. He received $5.7 and $5.2 million respectively in that season. Later on, he retired from his Basketball career taking these seven-digit salaries.
In a nutshell, a table is provided below highlighting his NBA seasons and salary:
|2000-01 (Philadelphia 76ers)||$936k|
|2001-02 (Philadelphia 76ers)||$1,006,200|
|2002-03 (San Antonio Spurs)||$1,076,400|
|2003-04 (Golden State Warriors)||$3 million|
|2004-05 (Golden State Warriors)||$3.3 million|
|2005-06 (New Orleans Pelicans)||$3,600,000|
|2006-07 (Atlanta Hawks)||$6,854,546|
|2007-08 (Atlanta Hawks)||$6,306,182|
|2008-09 (Atlanta Hawks)||$5,757,818|
|2009-10 (Golden State Warriors)||$5,209,454|
Considering inflation, Speedy Claxton’s NBA salary is worth $37,046,600 today.
What was Speedy Claxton’s highest NBA salary?
Speedy Claxton earned his career-best salary of $7 million in 2007.
In the 2006-07 NBA season, Speedy Claxton earned his career-best salary. The amount was nearly $7 million. Later, his salary dramatically decreased. Speedy Claxton retired from his professional basketball career taking this $5 million salary mark.
NBA Contracts: How much did Speedy Claxton’s NBA contracts worth?
Speedy Claxton’s 4 years contract with the Golden State Warriors is worth $25 million.
Throughout his nine years of NBA season, Speedy Claxton played for many NBA teams. He signed a four years deal with the Golden State Warriors. Claxton agreed on the proposal for $25 million. This contract included a base salary of $6,250,000.
How much did Speedy Claxton make being the assistant head coach of Hofstra University?
In 2021, Speedy Claxton was promoted to the head coach position. Before that, he served seven years as the assistant head coach of Hofstra University’s men’s basketball team.
Three assistant head coaches are serving for Hofstra University. Though the exact number is under review, the assistant head coach makes between $40k and $79k.
Therefore, considering the $40k mark, Speedy Claxton grossed a total of $280k throughout his seven-year service in the Hofstra University men’s basketball team.
Speedy Claxton: At a Glance
|Full Name||Craig Elliott Claxton|
|Date of Birth||8 May 1978|
|Birth Place||Hempstead, New York, United States|
|Listed Height||5 ft 11 inches|
|Listed Weight||75 kg (166 lb)|
|Playing Position||Point Guard|
|Profession||Head Coach, Former Basketball Player|
|Net Worth||$29.5 million|
Speedy Claxton’s NBA Career Statistics
Claxton was a two-time American East Player of the year. Throughout his NBA career, he has averaged —
- 3,096 points
- 1,441 assists
- 830 rebounds
- https://www.careerbliss.com/hofstra/salaries/head-coach/#:~:text=Hofstra%20University%20Head%20Coaches%20earn,for%20%E2%80%8Ball%20working%20Americans. — Hofstra University Head Coach Salary.
- https://www.salary.com/research/salary/posting/college-assistant-basketball-coach-salary — College Assistant head coach salary.
- https://www.spotrac.com/nba/golden-state-warriors/speedy-claxton-2197/ — Speedy Claxton’s NBA contract details.