Mario Chalmers Net Worth

What Is Mario Chalmers' Net Worth?

Mario Chalmers is an American professional basketball player who has a net worth of $12 million. During his NBA career, Mario Chalmers played for the Miami Heat and the Memphis Grizzlies. He earned around $24 million from salary alone while in the NBA. His peak career salary came in 2015 when he earned $4.3 million from the Grizzlies. He also played for international teams like Virtus Bologna, AEK Athens, and the Aris team (of the Greek Basket League).

Early Life

Mario Chalmers was born Almario Vernard Chalmers on May 19, 1986, in Anchorage, Alaska. He attended Bartlett High School, where he was named the 4A State Player of the Year three times in a row. Chalmers joined a rare sort of company with Trajan Langdon, who was the only other player to do so at that time. Mario would go on to lead his Bartlett squad to two state championships (2002 and 2003). Bartlett also earned a runner-up finish in 2004, with Chalmers guiding the team. Mario earned accolades as a five-star recruit from reputable source Rivals.com, and he was listed as the #2 point guard in the nation and the #12 overall player in the nation in 2005.

NCAA Career

Chalmers had many top-flight colleges contending for him, including Arizona, North Carolina, and Wake Forest. He ended up committing to the University of Kansas in 2004.

Chalmers would start his college career on the bench, playing backup to Jeff Hawkins. He worked his way into Kansas's starting rotation in January 2006. During his freshman season, Mario started 21 of Kansas's final 22 games. Chalmers finished his inaugural NCAA season with an 11.5 points per game average, putting him at the second leading scorer spot for Kansas. Chalmers was only the second freshman in Big 12 history to earn Conference Player of the Week honors. He was also named National Freshman of the Week on two occasions.

By his junior year, Mario had averaged 12.8 points per game, leading the team in assists (4.3) and putting up 46.8% 3-point shooting accuracy. Chalmers also put up 97 steals, tying the school single-season record. Chalmers helped Kansas win the 2008 NCAA Championship. He scored a dramatic three-point shot with 2.1 seconds left on the game clock. His contribution put Kansas in the game and gave them an overtime victory as the Jayhawks defeated the Memphis Tigers. In April 2008, Chalmers entered the NBA draft.

NBA Career

Chalmers was selected by the Minnesota Timberwolves in the 2008 NBA Draft and was traded quickly to the Miami Heat. He experienced adversity as he was removed from the NBA's Rookie Transition program after being suspected of marijuana use. Mario was never charged, yet he received a fine of $20,000 due to missing his rookie camp. Chalmers bounced back quickly, and during his fourth game with the Miami Heat, he set a new steals record, recording nine in a single game. Chalmers became a free agent during the NBA off-season and re-signed with the Miami Heat for the 2011 NBA season. Mario won his first NBA Championship with the Heat after a game five victory in 2012 over the Oklahoma City Thunder. He continued to play for the Heat through the 2014-2015 NBA season.

On November 10, 2015, Chalmers was traded to the Memphis Grizzlies, along with James Ennis. The trade was executed in exchange for Jarnell Stokes and Beno Udrih. Chalmers made his debut for the Grizzlies just three days later. He scored 11 points off the bench in a win over the Portland Trail Blazers. On November 16, 2015, Mario scored a season-high 29 points in a win over the Oklahoma City Thunder. He experienced a significant injury during a game on March 10, 2016, and was ruled out for the rest of the season due to a ruptured right Achilles tendon. As a result, Chalmers was waived by the Grizzlies.

Real Estate

Before making his foray into European basketball leagues, Chalmers sold his expansive home in Matthews, North Carolina, in 2019 — an 11,011-square-foot manor that sold for $2.2 million. His custom home had five bedrooms and 6.5 bathrooms.

Charity Work

Chalmers established the Mario V. Chalmers Foundation, an organization that works in support of athletic and educational programs for underprivileged children. He also does extensive charitable work for breast cancer research. During the summer of 2012, Chalmers helped organize and direct the Miracle Shot Mario Chalmers basketball camp, which took place in Salina, Kansas. In 2013, he helped organize and establish a travel team program for boys, which became Team Rio National. The U17 team rose to the top ranks in the nation and would ultimately compete in the UAA.