Penny Hardaway Net Worth (2023)
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Penny Hardaway Net Worth Fl

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What is Penny Hardaway Net Worth?

Penny Hardaway Net Worth, Biography & Lifestyle: Anfernee Penny Hardaway is a former professional basketball player who played in the National Basketball Association and the coach of the Memphis Tigers men’s basketball team.

Penny Hardaway’s net worth is $55 million.

In addition to that…

The 4-time NBA All-Star member is also a member of the 1996 US Olympic Games Basketball Team that won the Gold Medal.

We are happy to present you the Anfernee Penny Hardaway Net Worth information after hours of study.

Today we will go deep into the path of Hardaway, and  we’ll be looking at:

  • His career as an NBA player and how he was able to attain his fortune;
  • His assets, such as his houses and cars;
  • His personal life, especially how he got his nickname “Penny”;
  • And a lot more!

Once you’ve checked out Anfernee Penny Hardaway Net Worth and Bio – whatever you do – scroll to the end and check out our Fun Facts Section – there are a couple of surprises for you in there!

Let’s get started…

Who Is Anfernee Deon Hardaway?

Penny Hardaway Net Worth & Biography

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Penny Hardaway Net Worth: $55 million
Source of Wealth: Basketball
Zodiac Sign: Cancer
Date of Birth: 18-07-1971
Children: Jayden Hardaway, LaTanfernee and Layla Hardaway
Place Of Birth/ Nationality: Memphis, Tennessee, US/American
Spouse/ Relationship Status: Single

Anfernee Deon Hardaway, most known as Penny Hardway, is a retired American professional basketball player at the point guard position.  He is best known for his services to the Orlando Magic alongside Shaquille O’Neal, but he also had a lengthy and successful career with the NBA Teams, Phoenix Suns, New York Knicks, and Miami Heat.

Did you know that…

The former professional basketball player started the NBA season as the shooting guard position while he learned the point guard position from veteran Scott Skiles.

Before going on to his NBA career highlights, let us tell you this.

Here’s a little kicker!

Hardaway appeared in the college basketball feature film “Blue Chips” (1994), directed by maverick filmmaker William Friedkin, alongside Shaquille O’Neal on the big screen and the big stage. Both players were cast as college freshmen at a fake university in a classic sports film.

In addition to that…

Hardaway was a part of the popular Nike advertisement campaign “Lil Penny” in the mid to late 1990s, which featured the alter ego puppet, voiced by comedian Chris Rock.

Amazing, right?

Did you know that…

Anfernee Penny Hardaway won the Olympic gold medal in the 1996 Summer Olympics.

And not only that…

In 1994, he was the runner-up for Rookie of the Year to Chris Webber and was awarded Orlando Magic’s Fan Choice Award.

In 2016, Hardaway appeared and was featured in the ESPN 30 for 30 documentary This Magic Moment,” which focused on the Orlando Magic teams led by Hardaway and O’Neal during the mid-1990s.

To sum it all…

Penny has been named to four straight All-Star teams, two All-NBA First Teams, and one All-Rookie First Team.

For more details about his career, check out our Career Section of this Anfernee Penny Hardway Net Worth article.

How Old Is Penny Hardaway?

Penny Hardaway is 52 years old and was born in Memphis, Tennessee, US

How Tall Is Penny Hardaway?

Hardaway is 6 ft 7 in (201cm) or 2.01 meters tall and weighs 215 lb (98 kg)

Other Quick Facts:

  • Eye Color – Dark Brown
  • Smoking/ Drinking – He never smokes, but he drinks.
  • Tattoos – Yes, he has.
  • IMDb Profile Link – Penny Hardaway

How Much Is Penny Hardaway Worth?

Penny Hardaway’s net worth is $55 million. He made most of the money during his NBA career.

Penny Hardaway Net Worth Year By Year

YearEarnings $
2017$38 million
2018$41 million
2019$46 million
2020$50 million
2021$55 million
Check Out ⭐⭐Penny Hardaway Net Worth & Biography⭐⭐ How He Made His Fortune✔ Houses & Cars✔ Facts✔ Background, Family & Relationships✔ Career Highlights✔ Scandals✔ at bouncemojo.com!

Penny HardawayMerchandise

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Pop Sports NBA Legends Action Figure

The figure is Penny Hardaway with his Orlando Magic Home Jersey #82.

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Nike Men’s Air Penny IV Basketball Shoe

Anfernee “Penny” Hardaway’s fourth signature sneaker, the Nike Air Penny IV, was originally released in the 90s and is known for its comfortable construction and lock-down strap.

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Nike Air Penny II

Anfernee “Penny” Hardaway’s second signature sneaker, the Nike Air Penny II, received a lot of attention when he laced them up before the 1997 NBA All-Star Game for the first time.

Penny Hardaway Investments

Memphis Grizzlies

He also became a member of an ownership group that purchased a stake in the Memphis Grizzlies team in 2012. Hardaway has invested $2.5 million in the company, giving him a 1.42 percent ownership share.

Peyton Manning and Justin Timberlake are two other high-profile members of that ownership group.

Aside from this…

He also owns a barbershop and beauty salon in Memphis.

The Young Penny Hardaway

Young Penny Hardaway

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In Memphis, Tennessee, Fae Hardaway and Eddie Golden / Eddie Gordon gave birth to Anfernee “Penny” Hardaway on July 18, 1971. Hardaway got his moniker from his grandmother, who used a southern drawl to call him “Pretty,” which sounded like “Penny.”

Isn’t it cute?

Did you know that…

Hardaway’s first love was football, but his grandmother forbade him from playing because she didn’t want him wounded.

In addition to that…

Hardaway was a member of the Memphis YMCA Jr. Olympic games basketball team and judged child sports at the YMCA when he was a teenager.

Penny Hardaway High School

Hardaway grew up playing basketball and played high school basketball at Treadwell High School in Memphis. He was voted Parade Magazine National High School Player of the Year after averaging 36.6 points, 10.1 rebounds, 6.2 assists, 3.9 steals, and 2.8 blocks.

That’s an incredible number!

And not only that…

He had 3,039 points at the end of his high school career.

Isn’t it amazing?

Penny Hardaway University

Hardaway attended the University of Memphis and majored in Education at Memphis State University, where he earned a 3.4 overall GPA. Hardaway decided to forego his senior year to enter the NBA Draft in 1993.


He returned after ten years and earned a bachelor’s degree in professional studies.

We are not done yet! We’re just in the middle of our Penny Hardaway Net Worth.

Penny Hardaway Family & Relationships

Penny Hardaway Son – Jayden Hardaway

Penny Hardaway Son

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Jayden Hardaway is Nikki Ward and Anfernee “Penny” Hardaway, the head coach of the Memphis Tigers men’s basketball team.

Jayden Hardaway played high school basketball and was coached by his father at East High School in Memphis during the 2016-17 season and on Team Penny for the AAU season before playing for his father on the Memphis Tigers.

Penny Hardaway Daughters – LaTanfernee Hardaway & Layla Hardaway

Penny Hardaway Daughters

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Anfernee also has two kids with his previous high school sweetheart, Latarsha: LaTanfernee (born 1992) and Laila Hardaway (born 2005).

LaTanfernee is thus a Social Media influencer.

Let’s now turn our attention to the other side of the story in our Penny Hardaway Net Worth article.

Penny Hardaway NBA Career

Hardaway was selected by the Golden State Warriors as the third pick overall in the first round of the 1993 NBA Draft but was traded along with three future first-round picks to the Orlando Magic.

Orlando Magic (1993-1999)

In 1993, Pеnnу began his NBA саrееr, playing for the Orlаndо Mаgiс.  Until 1999, he played for the team. He put on some incredible performances and achieved several notable achievements over six years.

With this…

He was nominated to the NBA All-Rookie first team in his rookie NBA season for his performance.

Phoenix Suns (1999-2004)

He was traded to the Phoenix Suns in 1999 and played for them until 2004. He averaged 5.8 rebounds per game in his first NBA season with the squad.

To sum it all…

He averaged 12.4 points, 4.5 rebounds, 4.2 assists, and 1.3 steals in 236 regular-season games with the Suns. He averaged 17.3 points, 5.3 rebounds, 5.1 assists, and 1.8 steals in 15 playoff games.

New York Knicks (2004-2006)

He worked for and played for the New York Knicks from 2004 to 2006. He averaged 8.2 points, 3.5 rebounds, and 1.9 assists in 83 games for the Knicks.

On February 22, 2006, Hardaway and Trevor Ariza were traded back to Orlando for Steve Francis.

Here’s a kicker…

Hardaway’s $15.8 million contract was terminated on February 27 by the Orlando Magic (who had previously re-hired Brian Hill as their head coach) to save money when his deal expired the following summer.

Miami Heat (2007)

The Miami Heat signed Hardaway on August 9, 2007, reuniting him with former partner Shaquille O’Neal. He didn’t wear number 1 for the first time in his pro career, instead opting for number 7.

The Miami Heat waived him on December 12, 2007, to make room for free agent Luke Jackson.

Penny Hardaway Scandals & Controversies

2020: Penny was charged with a misdemeanor. Hardaway is accused of threatening and intimidating his girlfriend with a firearm.

How Penny Hardaway Spends His Money

Penny spends his money on his houses and cars. He lives in his 11,000-square-foot house in Chickasaw Gardens that cost Hardaway $4.25 million.

The house includes five bedrooms, four full bathrooms, and four half bathrooms and sits on 4.2 acres. There’s also a 1,000-square-foot garage on the site.

To detail it…

The four-time All-Star also has a 2,900-square-foot house in Whitehaven that he purchased in 1993 and a 7,000-square-foot house in Germantown that he purchased in 2007.

Penny Hardaway House – Pinecrest 

Penny Hardaway House

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A home cinema, gym, six-car garage, pool, and, of course, a basketball court are all included in the 8,639-square-foot residence.

The two-story home contains a master bedroom, a playroom, and separate children’s and family spaces on the ground floor. Guests can choose from a formal dining room, a kitchen island with seating, or a breakfast nook for meals.


The house is listed in 2017 for $3.7 million.

Penny Hardaway Cars

1965 Ford Mustang & Mercedes Sprinter Van

Penny Hardaway Cars

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Penny Hardaway Philanthropy

Penny is also well-known in Memphis for his efforts to promote sports. In 2010, he resurrected the Bluff City Classic, a summer basketball league for men and women from collegiate, professional, and elite high school levels that delivers a high level of competition.

And not only that…

Penny also contributed money to the University of Memphis Sports Hall of Fame’s construction.

Aside from that…

Hardaway also supported the following charities;

  • Cats Care
  • Compound Foundation
  • Keep Memory Alive
  • Make-A-Wish Foundation
  • Nevada Cancer Institute
  • Opportunity Village
  • St. Jude Children’s Research Hospital

Fun Facts About Anfernee Penny Hardaway

  • In the 1996 Olympics, Hardaway represented the United States of America in basketball and won an Olympic gold medal.
  • A bulldog is tattooed above his left ankle, “Part II, Heaven Cent” is tattooed on his left forearm, and “The Storm is Over” is tattooed on his right arm.
  • Nike, Sprite, Post Cereals, Hillshire Farms, Sony PlayStation, and UNICEF have all used Hardaway as spokesperson.
  • Hardaway is a four-time NBA all-star (1995-1998), two-time All-NBA First-Team selection (1995, 1996), and three-time All-NBA Third-Team selection (1995, 1996). (1997).
  • Hardaway is a huge Dallas Cowboys fan.
  • Hardaway is a Taekwondo black belt.

5 Financial Freedom Lessons From Penny Hardaway

  1. Recognize the real cost of an item before purchasing it.
  2. Set life goals.
  3. Keep an eye on your credit.
  4. You must invest if you desire actual prosperity.
  5. Small efforts, repeated day after day, are the key to financial success.

Top 3 Quotes From Penny Hardaway

  • “I want to finish my career on a high note.”
  • “I want to leave a mark on society.”
  • “Someone takes the challenge with me. I’m going to take it right back.”

Frequently Asked Questions (FAQs)

What Was Penny Hardaway Known For?

Hardaway is most known for his years with the Orlando Magic.

Where Is Penny Hardaway Now?

Hardaway is now the head coach of the Memphis Tigers, his alma mater.

Is Penny Hardaway Married?

No. Penny Hardaway is currently single.

Conclusion: Penny Hardaway Net Worth and Biography

So there you have it, I’m sure you’ll agree, Penny Hardaway has had a hell of a career as a professional basketball player.

What amazes me about Penny Hardaway is his motivation and his passion, Just like what he said:

“There are a lot of people who came out of adverse situations and made it. Use it as motivation. Use it to drive you.”

Use it as motivation…

Whatever other people say about you, whatever you’re going through, don’t let that affect you. Instead, use it to motivate you more.

I’m sure there’s a lot we can learn both from his mistakes and his successes.

I hope you enjoyed this Anfernee Penny Hardaway Net Worth article – you might also want to check out his former basketball partner Shaquille O’Neal Net Worth and Bio!

Don’t forget to put that Bounce in your Mojo today!

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