The Minnesota Timberwolves extended Edwards’ contract until the 2008-29 season

Anthony Edwards of the Minnesota Timberwolves is one of the NBA’s top starsLAPRESSE

Anthony Edwards, known as “Ant-Man” to his fans, has rapidly ascended the ranks in the NBA since being drafted first overall by the Minnesota Timberwolves in 2020.

As of 2024, Edwards’net worth is estimated at an impressive $40 million, a testament to his remarkable talent and marketability both on and off the court.

Anthony Edwards’ rise to the NBA

Born on August 5, 2001, in Atlanta, Anthony Edwards initially pursued football, excelling in multiple positions such as running back, quarterback, and cornerback.

However, his athletic journey took a pivotal turn when he shifted his focus to basketball.

Edwards shined on the AAU circuit and during his high school career at Therrell High School and Holy Spirit Preparatory School, earning a spot on USA Today’s All-USA first team and appearances in prestigious games like the McDonald’s All-American Game and the Jordan Brand Classic.

Choosing to play college basketball at the University of Georgia, Edwards made a significant impact with the Bulldogs, averaging 19.1 points, 5.2 rebounds, and 2.8 assists per game.

His standout performance solidified his status as a top prospect, leading to his selection as the first overall pick by the Timberwolves in the 2020 NBA Draft.

Edwards’ NBA career started with a four-year, $44.27 million rookie contract.

Although he faced initial struggles with consistency and defense, he quickly found his stride.

Highlights from his rookie season included a 42-point game against the Phoenix Suns and another 42-point performance against the Memphis Grizzlies.

These achievements helped him secure a strong position in the Rookie of the Year conversation, despite the award going to LaMelo Ball.

By his sophomore season, Edwards had established himself as a key player for the Timberwolves.

He set a career-high with 48 points against the Golden State Warriors and later surpassed this with a 49-point game against the San Antonio Spurs.

His averages of 21.3 points, 4.8 rebounds, and 3.4 assists per game marked significant improvements and helped lead Minnesota to a rare playoff appearance.

Edwards’ NBA success and marketability

In a bold move that underscored his value to the team, the Timberwolves signed Edwards to a five-year, $260 million contract extension before the 2023-24 season.

This deal not only secured his future with the franchise but also significantly boosted his net worth.

In the 2024 NBA Playoffs, Edwards has been a driving force behind the Timberwolves’ impressive performance.

After sweeping Kevin Durant’sPhoenix Suns in the first round, the team continues to excel, with Edwards playing a pivotal role in their current success against the Denver Nuggets.

Off the court, Edwards’ charismatic personality and athletic prowess have made him a favorite among fans and a sought-after figure for endorsements.

One of his notable deals is with Adidas, which even created an Ant-Man sneaker, celebrating his nickname.

His marketability is expected to grow, contributing further to his wealth.