Anfernee Deon “Penny” Hardaway is an American college basketball coach who also played 14 seasons in the National Basketball Association. He is the head coach of the Memphis Tigers of the American Athletic Conference.
Penny Hardaway is 50 and here’s everything you need to know about her net worth, salary, career, personal life, and more.
Facts About Penny Hardaway
|Place of birth||Memphis, TN|
|Father’s name||Eddie Golden|
|Mother’s name||Fae Hardaway|
|High school||University of Memphis (1990-1993)|
|Net worth (2022)||$50 million|
|Salary (2022)||$2.45 million|
|Date of Birth||July 18, 1971|
|Height (ft)||6 ft 7 in (2.01 m)|
|weight (kg)||215 pounds (98 kilograms)|
|NBA draft year||1993|
|NBA draft pick||Round 1/3rd overall|
|Player career||1993 – 2007|
|Position||Spike Guard / Shooting Guard|
|Teams||AS A PLAYER: Magic, Suns, Knicks, Heat (NBA);
AS COACH: East HS, Memphis
|Amendments||N / A|
Penny Hardaway Net worth and Salary
Penny Hardaway is a former basketball player who currently earns a handsome sum as coach of the Memphis Tigers. In December 2020, he signed a five-year, $12.25 million contract, which translates to a salary of $2.45 per year. He also earned $120 million from his NBA contracts and another $20 million from endorsement deals. The former NBA guard’s net worth is estimated to be around $50 million.
Hardaway bought an 11,000 square foot mansion in Memphis in 2019 for $4.25 million. He is a father of three and has already lived the good life during his playing days. Now, as a coach, he continues to earn a decent amount of money, much better than the rest of his colleagues from his NBA days.
Penny Hardaway Basketball Career
Penny Hardaway spent 14 seasons in the NBA. In his Treadwell High School debut, he averaged 36.6 points, 10.1 rebounds, 6.2 assists, 3.9 steals, and 2.8 blocks and was named the High School National Player of the Year for Parade Magazine. He then went to the University of Memphis but had to miss his first year of academic ineligibility.
There was a moment when he was shot in the foot which could have jeopardized his sporting career. He decided to do better in life, improving his grades dramatically and being selected to the United States Basketball Development Team in 1992. The team played regularly in scrimmages with the 1992 Olympic team Hardaway averaged 22.8 ppg, 8.5 rpg, 6.4 apg, 2.4 spg, and 1.2 bpg in his junior season and declared for the 1993 NBA Draft.
The Golden State Warriors picked him third overall but traded him to the Orlando Magic with three future picks for Chris Webber. The Magic paired Hardaway with then-dominant center Shaquille O’Neal. The former started out as a shooting guard, but it soon became clear that he would excel at that. He succeeded Scott Skiles and was named to the All-Rookie First Team. He and O’Neal teamed up to take the Bulls to the NBA Finals where they were swept by the Houston Rockets. Hardaway averaged 25.5 points, 4.8 rebounds and 8 assists in the series.
Hardaway’s career peaked in Orlando and his Phoenix debut. He was named an All-Star four times, twice to the All-NBA First Team and once to the All-NBA Third Team. In his later years, he played for the Knicks and Heat before hanging up his boots in 2007. In 2015, he chose to start his coaching career at his alma mater and then returned to his college in Memphis to succeed Tubby Smith.
Penny Hardaway Personal Life
Penny Hardaway has one son and two daughters. His son, Jayden, plays guard for the Memphis Tigers, as does his father. Hardaway is a member of the Kappa Alpha Psi fraternity.
In 2012, he joined an ownership group of Peyton Manning and Justin Timberlake to own part of the Memphis Grizzlies. The previous year, Hardaway had announced plans for a $20 million sports facility called FastBreak Courts Sportsplex in Cordova.
Penny Hardaway FAQs
Hardaway retired from professional basketball in 2007, last playing for Miami.
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