Tracy McGrady Net Worth (2024)
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Tracy McGrady Net Worth FI

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What is Tracy McGrady Net Worth?

Tracy McGrady Net Worth, Biography & Lifestyle: Tracy Lamar McGrady Jr – also known as T-Mac – is a well-known American former professional basketball player with a net worth of $75 million.

Today, we’re going to look into McGrady’s career, and we’ll be looking at:

  • the different teams he joined during his NBA career;
  • the job he chose after basketball, but failed to continue;
  • his business investments;
  • Lots more!

As when watching basketball games, you’ll hold your breath to know how his career would develop!

Let’s start…

Who Is Tracy McGrady?

Tracy McGrady Quick Overview

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Tracy Lamar McGrady Jr., or T-Mac, is a former professional basketball player who played in the National Basketball Association (NBA) for Toronto Raptors, Houston Rockets, Orlando Magic, Detroit Pistons, and San Antonio Spurs, amongst other basketball teams.

He played both small forward and shooting guard, with the right hand as his shooting hand.

After graduating high school – at 18 years old, he left his hometown Florida to start his NBA career in the unfamiliar grounds of Toronto, Canada. He was drafted with the ninth overall pick.

He had a tough start…

During the 1997-1998 season, he only got to be on the court for an average of 13 minutes per game.

Imagine: you are a rookie on unfamiliar land, living in a pre-furnished three-bedroom, three-bathroom, three-TV apartment alone, and you only get to play for that long the whole season?

No wonder McGrady called his rookie year “hell”!

Check Out Tracy McGrady (Basketball Biography Books): The Inspiring Story of One of Basketball’s Greatest Shooting Guards. 

But it’s a good thing…

…that the Raptors drafted Vince Carter for the following season. Carter is a Florida native, too, and they knew each other from playing Amateur Athletic Union ball and pickup together. Later, they found out that they are distant cousins!

The two became so close that their former teammate Dee Brown likened them to “Siamese twins.”  They also displayed brilliant plays, especially during the All-Star Weekend Slam Dunk Contest.

And that was how he got on the roll…

McGrady played 16 NBA seasons. For seven times, he was on both NBA All-Stars and All-NBA selection. He won the NBA Most Improved Player Award in 2001 and the NBA Scoring Champion title in 2003 and 2004.

The basketball career he worked so hard for lasted until 2013, when he was 34 years old. 

How Tall Is Tracy McGrady?

He is 6 feet 8 inches tall or 2.03 m.

What is Tracy McGrady’s age?

He is currently 45 years old.

Now, you might be asking: where is he now? What is he doing? Read on to find out!

Profession: Former professional basketball player
Worth: $75 Million
Date of Birth: 1979-05-24 (His age now is 45.)
Relationship Status: Married
Eye Colour: Black
Zodiac Sign: Gemini
Favorite Food: spaghetti
Place of Birth:  Bartow, Florida, USA
Language: English
Tattoos: Yes
Nationality: American
Religion: Christian
Current Occupation : Businessman

How Much Is Tracy McGrady Worth?

Tracy McGrady currently has a net worth of $75 million. 

Tracy McGrady Net Worth By Year

YearEarnings $
2018$90 million
2019$70 million
2020$80 million
2021$75 million

Tracy McGrady Books

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Tracy McGrady: The Inspiring Story of One of Basketball’s Greatest Shooting Guards (Basketball Biography Books)

This book is written by Clayton Geoffreys and published on August 13, 2014.

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NBA Street Series, Vol. 3

It features the various brilliant NBA plays in 2005, including McGrady’s.

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Mitchell & Ness Men’s Orlando Magic Tracy McGrady Swingman Jersey

Official merchandise made by Mitchell & Ness. It’s made of 100% polyester mesh.

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Autographed/Signed Tracy McGrady Houston Rockets Red Authentic Swingman Mitchell & Ness Basketball Jersey Fanatics COA

Official merchandise by Hall of Fame Sports Memorabilia

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Mitchell & Ness Tracy McGrady Toronto Raptors NBA Swingman 98-99 Jersey – White

An official merchandise

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Framed Tracy McGrady Houston Rockets Autographed 8″ x 10″ Two Handed Dunk vs. Phoenix Suns Photograph – Autographed NBA Photo

Personally hand-signed by McGrady and officially licensed by the National Basketball Association

Tracy McGrady The Businessman

After he retired, McGrady turned to business ventures. He invested in various companies such as Dasdak (a technology company), Blue-04 (a bottled water company), and Biloxi Shuckers (a Minor League Baseball team).

In 2020, he and Jermaine O’Neal, a former NBA player, launched Seven1 Sports Group and Entertainment, a player representation agency. Late February 2021, he opened his restaurant called “HomeCourt by Tracy McGrady.”

The Young Tracy McGrady

Young Tracy McGrady

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Thanks to his performance at the Adidas ABCD Camp, he started being recognized as a basketball player. He was USA Today High School Basketball Player of the Year and North Carolina’s Mr. Basketball by the Associated Press.

Tracy McGrady High School

He attended Auburndale High School in Auburndale, Florida, for three years before transferring to Mount Zion Christian Academy in Durham, North Carolina, for his final year in high school.

Tracy McGrady University

Although he considered going to the University of Kentucky for college basketball, he didn’t attend any university or college and chose to go pro instead.

Tracy McGrady Family & Relationships

CleRenda McGrady – Wife

Tracy McGrady Wife

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CleRenda McGrady is a philanthropist, author, and inspirational speaker who married McGrady in 2006.

Layla Clarice McGrady – Daughter

Tracy McGrady Daughter

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Layla was born on January 25, 2003.

Laymen Lamar McGrady – Son

Tracy McGrady Son

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Laymen was born on December 27, 2005.

Laycee Aloa McGrady – Daughter

Tracy McGrady Daughter

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Laycee was born on November 13, 2007.

Layden McGrady – Son 

Tracy McGrady Son

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Layden was born on April 2, 2009. 

Vince Carter – Cousin

Tracy McGrady Cousin

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He is McGrady’s former Raptors teammate. He is technically not blood-related with McGrady because Vince’s relative was his step-great-grandfather. Ignoring that, though, they are second cousins once removed.

Tell us about their past relationships.

And that’s enough for some background.

Now, we are looking at some details of his career which helped him earn his net worth. There is also information about some of his controversies, how he spends his money, and what charities he supports.

Tracy McGrady Career

McGrady spent 16 NBA seasons. Here are some of its highlights.

Toronto Raptors (1997-2000)

McGrady and Vince Carter made remarkable plays during the All-Star Weekend Slam Dunk Contest. He was a contender for the Sixth Man of the Year Award. 

Orlando Magic (2000-2004)

He was teammates with Grant Hill. During his years in Orlando Magic, he first made appearances on All-Stars NBA and All-NBA selections. He also earned two scoring titles while on the team. 

Houston Rockets (2004-2010)

He became teammates with Yao Ming when he was traded to the Houston Rockets. He showed various memorable plays, including winning against San Antonio Spurs, thanks to scoring 13 points in the last 35 seconds of their game during the 2004-2005 season. From 2004-2007, McGrady was able to achieve an average of 24 points per game.

The sad thing is…

He also started experiencing various injuries – back, knee, and shoulder injuries. He even had arthroscopy and microfracture surgeries before and during the 2008-2009 season.

What’s worse is…

Because he was still recovering in the 2009-2010 season, he was only allowed to be on the court for seven minutes. Even shorter than his rookie days!

Tracy McGrady Career

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In the following years, McGrady played only as a reserve.

New York Knicks (2010)

He had an average of 9.4 points, 3.9 rebounds, and 3.7 assists per game during his stay with the New York Knicks.

Detroit Pistons (2010-2011)

He had an average of 8 points per game during his stay with the Detroit Pistons.

Atlanta Hawks (2011-2012)

His record with the Atlanta Hawks was the lowest in his whole basketball career – only 5.3 points per game. 

Qingdao DoubleStar Eagles (2012)

He had a better record in the Qingdao DoubleStar Eagles – 25 points, 7.2 rebounds, 5.1 assists, and 1.6 steals – but they still placed last that season.

San Antonio Spurs (2013)

He signed with the San Antonio Spurs just before the playoffs. They advanced to the Finals, which allowed McGrady to play for a total of 31 minutes in post-season games outside the first round. 

Later that year – on August 26, 2013 – McGrady announced that he was retiring.

International Career

Back in 2003, McGrady got to be part of the US men’s national basketball team. He was able to play for FIBA Americas Championship 2003 in San Juan, Puerto Rico.

The team qualified for the 2004 Olympic Games and eventually advanced to the gold medal game. They won the tournament.

McGrady had an average of 12.6 points and 2.9 rebounds per game. 

Overall, McGrady records 18,381 (19.6 points per game) points, 5,276 (5.6 rebounds per game) rebounds, and 4,161 (4.4 assists per game) assists for his whole career.

Now, you might be asking…

What did he do next? Remember the sports he first played before turning to basketball in high school? He played baseball.

Baseball Career

On February 4, 2014, when McGrady confirmed he would pursue a career as a professional baseball player. He was a pitcher for the Sugar Land Skeeter of the Atlantic League of Professional Baseball. It was a short-lived career, though, because, in July, he announced he was retiring.

Tracy McGrady Scandals & Controversies

After his speech for being inducted into the Naismith Memorial Basketball Hall of Fame in 2017, he received various criticisms. Some people were irked that he said, “anybody can win a championship; not everybody can get into the Hall of Fame,” when he wasn’t even able to lead any of his team to the second round of the postseason.

In 2008, the NBA All-Star Game was held in New Orleans, Louisiana. Before that, though, McGrady was criticized for questioning the safety of the players. He even considered not going. It was three years after Hurricane Katrina hit the city. 

During the Olympics game in 2003, while playing against Puerto Rico, McGrady argued with Eddie Casiano, making the audience throw debris on the court.

How Tracy McGrady Spend His Money

Tracy spends his money on his business investments – Dasdak, Blue-04, and Biloxi Shuckers –  and his and Jermaine O’Neal’s agency,  Seven1 Sports Group and Entertainment. He also recently spent his money to open his restaurant HomeCourt by Tracy McGrady.

Tracy McGrady House

Tracy McGrady House

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McGrady owns an $8 million home in Sugar Land, Texas. He purchased it in 2004 after joining the Houston Rockets.

Tracy McGrady Philanthropy

He established his charity called Tracy & CleRenda McGrady Foundation with his wife. He also supports Ante Up for Africa and the Boys & Girls Club of America.

Fun Facts About Tracy McGrady

  • His teammates in Orlando Magic are the ones who first called him the Big Sleep.
  • During his rookie year, his phone bill was nearly $1500.
  • The legendary Kobe Bryant said this of him: “Tracy McGrady was the single hardest matchup I had in my career; he could just do about everything on offense.”

5 Financial Freedom Lessons From Tracy McGrady

  1. Work hard to achieve your goals.
  2. Don’t give up even if there are setbacks.
  3. Give back to the community.
  4. Don’t give in to stress (or you’ll have a huge phone bill!).
  5. Save up for your health.

Top 3 Quote From Tracy McGrady

  • “If we’re not competing against nobody, it’s no fun. you want competition.” 
  • “I’m a pretty damn good player, but I can’t do it by myself.”
  • “It’s every player’s personal goal, to make the All-Star team. It’s a personal accomplishment guys want to make to get a chance to participate against the elite players. Every player in this league wants to be there.”

Frequently Asked Questions (FAQs)

How Many Years Did Tracy McGrady Play Baseball?

He played professional basketball for 16 years.

Was Tracy McGrady A Good three-point Shooter?

He has a 33.8 3-point field goal percentage. It’s up to you if that’s good or not.

Does Tracy McGrady Have A Ring?

Nope Tracy does not have any wring, as he did not win any championship.

Conclusion: Tracy McGrady Net Worth and Biography

Tracy McGrady went through hoops just to prove himself in the competitive world of professional basketball. He displayed raw talent and athleticism, especially in his prime, but he could not win any rings due to bad timing and injuries.

If only we could see ahead what would happen in life, he might have prepared better, but alas! We’re all in for a surprise for what life prepared for us.

We just have to brace ourselves and persevere through any circumstances that happen.

And we saw that in this famous basketball player’s life.

Check Out Tracy McGrady (Basketball Biography Books): The Inspiring Story of One of Basketball’s Greatest Shooting Guards. 

I hope you enjoyed this article – you might also want to check out former NBA stars Magic Johnson and Allen Iverson.

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