In this post, we’ll talk about how old the famous basketball player Isiah Thomas is, what his family is like, and how much money he has. Keep reading until you get to the end for more information. As per Celebritynetworth, American retired professional basketball player Isiah Thomas has a net worth of $100 million.
Who is Isiah Thomas?
Isiah Lord Thomas III is an American who used to play and coach professional basketball and now works for NBA TV as an analyst.
|Birth||April 30, 1961|
|Net Worth||$100 million|
|Relationship With||Lynn Kendall|
Isiah Thomas’s Early Years
Thomas was born on April 30, 1961, in Chicago, Illinois. He was the last of nine children and grew up on the West Side of the city. He began playing basketball when he was three years old.
At Catholic Youth Organization games, he would dribble and shoot baskets during halftime. He went to Our Lady of Sorrows School and St. Joseph High School in Westchester, which was 90 minutes away from his home.
In his junior year, he led St. Joseph to the state finals and was thought to be one of the best college prospects in the country. He played for coach Gene Pingatore.
Isiah Thomas’s Post-NBA Career
After he stopped playing, Isiah went into business and became very successful at it. He started Isiah International LLC, which is a holding company that runs businesses in many different fields, including recycling and waste removal.
In his hometown of Chicago, he is in charge of Isiah Thomas Real Estate, which buys properties that are in bad shape and tries to turn them around. He has built up retail, hotel, parking, and residential real estate through different development partnerships.
He owns most of the shares in American Speedy Printing Centers Inc., a printing company. He led the company out of bankruptcy and helped it grow into one of the largest printing franchises in the country.
He was on the Board of Governors of the Chicago Stock Exchange from 1999 to 2002. He was the first person of African descent to serve on the Board of Governors.
Isiah Thomas’s Coaching Career and Other NBA Jobs
Isiah became the head coach of the Indiana Pacers in the year 2000. Until 2003, he played for the Pacers. Then, from 2006 to 2008, he was the coach of the Knicks.
Then, from 2009 to 2012, he was a coach at Florida International University. He was named President of the New York Liberty of the WNBA in 2015. Now, he’s back to calling NBA games for NBC TV.
What Are Isiah Thomas’s Net Worth and Salary?
American retired professional basketball player Isiah Thomas has a net worth of $100 million. He is regarded as one of the greatest NBA players ever. Isiah is a two-time NBA champion and 12-time NBA All-Star. Contrary to popular belief, Isiah has not connected to NBA great Isaiah Thomas, but their names are not coincidental.
The younger Thomas was given his name as a result of a wager made by his father in 1989, a few months prior to his birth. Isaiah’s father, a lifetime Lakers supporter, stated that he would name his kid Isiah if the Lakers lost to the Pistons in the 1989 NBA Finals.
The Pistons defeated the Lakers four games to none. To satisfy his mother, the initial name was changed to the biblical spelling “Isaiah.” The older Isiah Thomas was born in Chicago, Illinois on April 30, 1961.
He attended St. Josephs in Westchester, Illinois, for high school. From 1979 to 1981, he then attended Indiana University. Isiah played professional basketball from 1981 to 1994.
The Detroit Pistons selected him with the second overall choice in the first round of the 1981 draught. He remained with the Pistons for the duration of his career. He won consecutive NBA championships with the Pistons in 1989 and 1990. In addition, he was a 12-time NBA All-Star.
Salary and Contracts of Isiah Thomas
Throughout his professional career, Isiah earned $16.7 million in pay alone. Inflation-adjusted, this is equivalent to almost $35 million today. In 1991-1992, the Pistons paid him $2.96 million, which, when adjusted for inflation, is equivalent to $5.15 million today.
Isiah Thomas’s Personal Life
Isiah Lord Thomas III was the youngest of seven boys and two girls and the son of Isiah II and Mary Thomas. Isiah II left the family while Isiah was a young child, as the only work he could find after the plant’s closure was as a janitor.
Thomas grew raised in the West Side ghetto of Chicago. Following his parents’ divorce, he resided with his mother. Thomas was a basketball prodigy since the age of three and was mentored by his elder brothers, some of whom were also skilled players.
Thomas met his future wife, Lynn Kendall, in the early 1980s while they were both attending Indiana University. Lynn is the daughter of a Secret Service agent and a nurse. In 1985, the pair wed at Our Lady of Sorrows.
Thomas received a Bachelor of Arts from Indiana University in 1987. In 1988, he and Kendall had a son, Joshua, and in 1991, they had a daughter, Lauren. Thomas has a third son from a previous relationship, born in 1986 and named Marc Dones.
Thomas formed Isiah International LLC, a holding company for which he served as Chairman and Chief Executive Officer. Thomas and his daughter Lauren co-own the garbage removal company’s sibling company, RE3 Recycling. Thomas was implicated in gambling claims detailed in the 1997 book Money Players.
Legal Issues on Isiah Thomas
Jenni Dones, a woman from Bloomfield Hills, Michigan, filed a paternity suit against Thomas two months prior to his 1985 wedding to Lynn Kendall, alleging that she was pregnant after having a three- to four-month “intimate, exclusive, ongoing relationship” with him.
Marc E. T. Dones, her son, was born in 1986. After a lengthy legal fight, Thomas agreed to pay a settlement of approximately $52,000 and make monthly payments of $2,765 until Marc Dones reached the age of 18, at which point Marc would get a final lump sum payment of $100,000.
Dones was able to obtain further financial help for her child’s college education in a case she filed in 1995. Currently, he serves as the executive director of the King County (WA) Regional Homelessness Authority.
Anucha Browne Sanders, a former New York Knicks executive, filed an employment and harassment lawsuit against The Madison Square Garden Company in January 2006, alleging, among other things, that Thomas sexually harassed her at work and that she was fired in retaliation for complaining about the harassment. The matter was subsequently resolved for $11.5 million.
Thomas was sent to White Plains Hospital Center on October 24, 2008, after mistakenly taking an overdose of Lunesta, a sleep medication, near his residence in the New York City metropolitan region. Thomas revealed in an interview with ESPN that he was so quiet about his hospitalization because he was concentrating on his family at the time.