Magic Johnson's Net Worth (Updated 2022) | Wealthy Gorilla

Net Worth:	$25 Million
Age:	34
Salary:	$3.3 million
Lifetime Earnings:	$76.4 million
Born:	August 20, 1991
Height:	1.91 m
Country:	Canada
Source of Wealth:	NBA Player
Last Updated:	Dec 29, 2025

Table of Contents

Toggle

• Introduction
• NBA Salary
• AS Monaco Signing
• Real Estate
• Summary

Introduction

Cory Joseph is a Canadian professional NBA player for the Orlando Magic with an estimated net worth of $25 Million.

However, he began his career in 2011 with the San Antonio Spurs, who selected him with the 29th overall pick in the draft. Although he has been playing professionally for over a decade, Joseph has no plans to retire anytime soon.

Quick Facts

• Projected to earn $3.3 million for the 2024/25 season
• Career earnings total just under $80 million from salary
• Signed a 2-year, $6.8 million contract with the Orlando Magic in 2024
• Recently sold his property in Sacramento for $1.5 million

NBA Salary

Year	Team	Salary
2011/12	San Antonio Spurs	$1,074,720
2012/13	San Antonio Spurs	$1,074,720
2013/14	San Antonio Spurs	$1,120,920
2014/15	San Antonio Spurs	$2,023,261
2015/16	Toronto Raptors	$7,000,000
2016/17	Toronto Raptors	$7,315,000
2017/18	Indiana Pacers	$7,945,000
2018/19	Indiana Pacers	$7,945,000
2019/20	Sacramento Kings	$12,000,000
2020/21	Detroit Pistons	$12,600,000
2021/22	Detroit Pistons	$4,910,000
2022/23	Detroit Pistons	$5,155,500
2023/24	Golden State Warriors	$2,019,706
Total Career Earnings:		$72,183,827

When Cory Joseph signed his rookie contract with the San Antonio Spurs in 2011, he was given a four-year deal worth $5.16 million. In his first official season, Cory earned $758,759, but thereafter he consistently earned seven-figure sums. For his final year with the Spurs, Josepgh earned $2.02 million, bringing his total earnings with the club to just under $5 million.

Joseph’s next contract was a significant step up, inking a four-year, $29.9 million deal with the Toronto Raptors. He played two full seasons with the Raptors, earning $14.3 million, and then played the latter two seasons of the contract with the Indiana Pacers, earning $15.6 million.

In 2019, Cory Joseph signed the most valuable contract of his career. This was a free agent signing with the Sacramento Kings, worth $37.2 million over three years. However, only $30 million of the agreement’s value was guaranteed, and that was the figure Cory would earn from the deal. His time was split between the Kings and the Detroit Pistons, earning a total of $19.3 million with the former.

The contract’s third year was scrapped; however, the $30 million guarantee was carried over into the first year of his new two-year deal with the Pistons. For his final year with Detroit in the 2022/23 season, Cory earned $5.16 million in salary.

By this point in his career, Cory Joseph had earned $71.2 million in salary, split roughly evenly among the Raptors, Pacers, Kings, and Pistons. His final few years in the league were split across three teams, earning him an additional $8.5 million. Joseph left the NBA with $79.7 million in lifetime salary.

AS Monaco Signing

In 2025, Cory Joseph signed a deal to move overseas and play for AS Monaco of the LNB Élite and the EuroLeague. The news has only just been broken, and financial details haven’t yet been disclosed to the public.

Real Estate

In November 2019, Cory Joseph purchased a 3,670-square-foot, five-bedroom home in West Sacramento, California, for $1.22 million. The property is located next to the Sacramento River. In August 2024, he sold this home for $1.5 million.

Summary

Cory Joseph has worked hard to become one of the best professional basketball players in the NBA, and he has no plans on leaving the court anytime soon. Despite not being one of the wealthiest players in the game, he has no shortage of fans eager to see much more from him in the future.